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Over 10 years of investing experience, I use dividend reinvestment to accumulate stocks. I view myself as a Long-Long investor, very rarely (if ever) making short term trades. My three model portfolios--Widows and Orphans, Climbers and Dogs, and Pretty Girls and Railroads, are basically each 1/3... More
  • Climbers And Dogs Price/Book Ratio Winners (3/17/13) 0 comments
    Mar 21, 2013 11:51 AM | about stocks: UMC, ANH, NLY, ENI, HTS, IVR, BP, MXA, RDS.A, NYMT, E, NOK, AFL

    p/b ratio better than 1.57 or less (better than 3 divided by number =mean)
    Book ValuePrice/Book
      Per Share (mrq):
    United Microelectronics CorpUMC2.790.68
    Repsol SAREPYY28.510.79
    Anworth Mortgage Asset CorpANH7.160.87
    Annaly Capital Management IncNLY15.850.98
    Enersis SAENI190.98
    Hatteras Financial CorpHTS28.280.99
    Invesco Mortgage Capital IncIVR20.851.04
    BP PLCBP37.151.1
    Minnesota Municipal Income PortfolioMXA16.161.1
    Royal Dutch Shell PLCRDS.A59.781.11
    New York Mortgage Trust IncNYMT6.51.14
    Eni SpAE41.971.14
    Nokia OyjNOK2.811.23
    Aflac IncAFL34.161.48

    Rosneft closes $55bn TNK-BP deal

    By Guy Chazan

    Russian oil company Rosneft announced on Thursday it had closed the $55bn deal to acquire TNK-BP, making it the world's largest publicly traded oil producer. In a statement, Rosneft said it had finalised a deal to acquire the 50 per cent share of TNK-BP owned by AAR, a consortium of...

    14:50 GMTMar 21 2013BP:NYQ
    Lululemon bent out of shape over pants recall

    By Barney Jopson in New York

    Lululemon Athletica, the sportswear brand in crisis over see-through yoga pants, acknowledged that it did not test how its products looked when wearers bent over before shipping millions of pairs that it has been forced to recall. Christine Day, Lululemon's chief executive, said the product had passed all initial testing,...

    14:37 GMTMar 21 2013LULU:NSQ
    AstraZeneca to cut 5,000 jobs by 2016

    By Andrew Jack in London

    AstraZeneca is to cut a tenth of its workforce over the next three years and refocus its research away from medicines to treat infections and in efforts to boost its flagging growth. The beleaguered Anglo-Swedish pharmaceutical group announced a $2.3bn charge to cover costs of reducing its headcount by more...

    08:30 GMTMar 21 2013AZN:NYQ
    Person of the year: Scale the heights

    By Javier Blas

    When Ivan Glasenberg sat down in September with Sheikh Hamad bin Jassim bin Jabr al-Thani, Qatar's prime minister, the Glencore chief executive's aim was clear: seal the deal to buy Xstrata. Glasenberg had claimed he was ready to walk away from the transaction if HBJ - as Sheikh Hamad is...

    00:03 GMTMar 21 2013BP:NYQ, CVX:NYQ
    BP stays out of bidding for gulf drilling

    By Ed Crooks in New York

    BP decided not to bid for new drilling rights in the Gulf of Mexico on Wednesday because of uncertainty over the US government's ban on it signing new contracts. The Bureau of Ocean Energy Management, which handles offshore drilling rights, said last week that BP would be allowed to bid...

    23:25 GMTMar 20 2013BP:NYQ
    Energy groups form shale gas alliance

    By Ed Crooks in New York

    Royal Dutch Shell, Chevron and Consol Energy have formed a new alliance with groups including the Environmental Defense Fund and the Clean Air Task Force to set performance standards for shale gas production, in a bid to address public concerns about the controversial practice. The Center for Sustainable Shale Development...

    22:59 GMTMar 20 2013RDS.A:NYQ, CVX:NYQ
    Walgreens: empire building

    --

    How hard can it be to move a bunch of pills around? Hard. Pharma distribution is a big business because the inventory is expensive, comes in zillions of varieties, and retailers can't afford to be caught short. The three major US drug distributors - McKesson, Cardinal, and AmerisourceBergen - have...

    18:30 GMTMar 20 2013WAG:NYQ
    Batista struggles to win over investors

    By Samantha Pearson in São Paulo

    In his autobiography the Brazilian billionaire Eike Batista praises his two most important business partners: Brazil and the market. "I could have easily chosen other countries to base my companies," writes the former speedboat racing champion. "I see myself as one of Brazil's soldiers." But while Latin America's largest economy...

    18:06 GMTMar 20 2013BP:NYQ
    Manufacturing wins over climate change levy exemptions

    By Pilita Clark, Environment Correspondent

    Steelmakers and pottery companies have had a boost in a Budget that has exempted some of their manufacturing processes from a contentious tax designed to encourage businesses to use energy more efficiently. "Creating a low carbon economy should be done in a way that creates jobs rather than costing them,"...

    15:19 GMTMar 20 2013RDS.A:NYQ
    American Realty in $5.7bn bid for Cole Credit

    By David Gelles in New York

    American Realty Capital Properties made an unsolicited $5.7bn offer for Cole Credit Property Trust III on Wednesday, a move that would scuttle Cole Credit's bid to go public and sets up a complicated tussle between the two real estate investment trusts. American Realty already manages swaths of commercial space around...

    14:47 GMTMar 20 2013WAG:NYQ
    Investors hit at India business climate

    By Victor Mallet in New Delhi and James Crabtree in Mumbai

    In the eyes of government ministers in New Delhi, India has in the past eight months embarked on a bold programme of liberalisation and economic reform in an effort to attract foreign investors and revive economic growth. "Doing business in India must be seen as easy, friendly and mutually beneficial,"...

    13:25 GMTMar 20 2013NOK:NYQ, RDS.A:NYQ
    Chinese seek change as continuity rules

    By Henny Sender

    Conversation in the coffee shops of Palo Alto is starting to sound more like the talk in the milk tea shops of Hong Kong. It is all about Chinese money going into the property market and driving prices to record highs - though to be fair it is tech industry...

    17:28 GMTMar 19 2013CEO:NYQ
    Cyprus levy concerns weigh on US stocks

    By Anora Mahmudova in New York

    Early gains on Wall Street fizzled out, as fears over imposing a levy on bank deposits in Cyprus overshadowed positive US housing data showing home construction rose in February. The benchmark S&P 500 index was trading marginally lower at 1,550.55, pulling away from near-record levels of last week. The Dow...

    15:13 GMTMar 19 2013WAG:NYQ
    Defensive AstraZeneca punts on Cambridge

    By Jonathan Guthrie

    Karma is revenging itself on George Osborne. In last year's budget he trumpeted news that GlaxoSmithKline would spend £500m on a Cumbrian R&D hub as a vindication of the government's innovation policy. But his 2013 address on the state of the economy will come just after AstraZeneca announced it is...

    00:01 GMTMar 19 2013AZN:NYQ
    Soriot's bitter pill for chancellor

    By Andrew Jack

    A Frenchman has given George Osborne a bitter pill to swallow on the eve of his Budget this week, with the decision by AstraZeneca to sharply cut back staff and investment at its historic Alderley Park medicines research centre in the chancellor's English constituency. For more than half a century,...

    23:06 GMTMar 18 2013AZN:NYQ

    Disclosure: I am long UMC, ANH, NLY, ENI, HTS, IVR, BP, MXA, RDS.A, NYMT, E, NOK, AFL.

    Themes: Climbers and Dogs Stocks: UMC, ANH, NLY, ENI, HTS, IVR, BP, MXA, RDS.A, NYMT, E, NOK, AFL
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