Seeking Alpha

The Manual of Ideas'  Instablog

Good ideas are the lifeblood of the investment business and the exclusive focus of The Manual of Ideas. Authored by investment and finance professionals who have grown up on the teachings of Ben Graham, Warren Buffett and Joel Greenblatt, and have studied under or worked with luminaries such as... More
My business:
BeyondProxy LLC
My blog:
The Ideas Report For Serious Investors
My book:
Downside Protection Report (monthly)
  • 45 Cheap Repurchasers of Stock 0 comments
    May 17, 2009 11:03 PM | about stocks: SCGLY.PK, QLTI, CAE, EXFO, FFNW, RUK, KCP, FWLT

    We are pleased to bring you the results of a 10x45 Bargain Hunter screen for cheap companies buying back their own shares. The screen results are sorted by the quarterly sequential percentage reduction in shares outstanding.

    The screen results are based on the following criteria:

    • Price-to-book value of less than 2x
    • P/E of 12x of less, based on next year's consensus EPS estimates
    • Debt-to-equity of less than 0.4
    • At least as much insider buying as insider selling in last six months
    • Market value of $100 million or more

    The Top 5 stocks passing the screen are French banking giant Societe Generale (SCGLY), biotech firm QLT (QLTI), construction machinery maker Cascade (CAE), communications equipment test company EXFO Electro Optical Engineering (EXFO), and community bank First Financial Northwest (FFNW).

    Other notable companies on the list include publishing giant Reed Elsevier (RUK), fashion footwear and handbag company Kenneth Cole (KCP) and construction and engineering services firm Foster Wheeler (FWLT).

    click to enlarge

    Disclosure: No positions.

    Themes: stock screen Stocks: SCGLY.PK, QLTI, CAE, EXFO, FFNW, RUK, KCP, FWLT
Back To The Manual of Ideas' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers
Posts by Ticker
ABWTQ.PK, ACAD, ACET, ACF, ACLS, ACN, ACTS, ADP, ADPT, AEO, AES, AET, AIG, ALD, AMIE, AMZN, ANAD, ANF, AOB, APAC, APOL, ARKAY.PK, ASCMA, ATPG, ATSG, ATV, AXP, AZN, BA, BAC, BBBB, BEAT, BELFB, BGP, BHE, BID, BKS, BLUD, BMY, BNI, BPI, BPO, BRK.A, BRK.B, BX, BXP, C, CA, CACH, CAE,

Latest Comments


Most Commented
  1. Message to Nassim Taleb: You Can't Kill Off Black Swans (1 Comment)
  2. The Top 12 Brands Likely to Survive (1 Comment)
  3. David Rabinowitz Likes Lancashire Holdings (1 Comment)
  4. Tilson Still Sees Numerous Stock Buying Opportunities (1 Comment)
  5. Stanford Lawyer Magazine Interview with Charlie Munger (1 Comment)
Posts by Themes
10x45 bargain hunter, activist targets, austrian post, banking, berkshire annual meeting notes, berkshire hathaway annual meeting, berkshire hathaway annual meeting notes, bill ackman, Bill Miller, biotechnology, books, brain gaines, brian gaines, bruce berkowitz, Bruce Berkowitz, cable industry, cds, charlie munger, china, commercial real estate, contrarian value stock screen, corporate governance, credit default swaps, currencies, david einhorn, david rabinowitz, dividend paying stocks, Don Fitzgerald, europe, european value investing, fairholme, Federal Reserve, federal reserve policy, for-profit education, george soros, gold, grant's interest rate observer, greenlight capital, guy spier, henry singleton, housing, hummingbird value, inflation, italy, james grant, james tobin, jana partners, jed nussdorf, jim chanos, joel greenblatt,
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.