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poormaniam

poormaniam
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  • General Electric's Tax Rate Doubles, Now Fairly Valued; Time To Redeploy? [View article]
    Well I don,t know about "never selling" that is a bit extreme but sometimes close to it may may work. take a look at 4 Vangoard funds: 500 Index, Helth Care Admiral, Wellington, Windsor II. Then go back to 2005 and even with a loss near 40% during the 2008 downturn these funds gained an impressive return of $140,000 to today. If sold in march 2009 however a loss of about 15,000 would have occurred and in fact it would have taken intill June 2009 to just break even.

    Point is "never selling" can work if you can time when you will die or cash in. But what if you had to cash in on on 1 Mar 2009. Or your survivors did? You would have had a loss of $15,000. and 40% from the pree-downturn high of 103,000 in Oct 2007.

    incidentally my holdings in these funds go back to 2002 with a net gain of about $208,000 for a 10,000 investment.Not bad.

    Depends on your perspective and life timelines. Right?
    Jun 22, 2015. 02:12 AM | Likes Like |Link to Comment
  • Disney files smash-hit quarter with record revenues [View news story]
    Lot arguments about getting in late. if you are long term person and invested In a great company like DIS just buy then sit back and cool it. Other than adding periodically as market and situation permits. short of a real disaster, '08 & '09 comes to mind, Don't try to time a get in point. Any point will work.
    Feb 4, 2015. 03:53 PM | 1 Like Like |Link to Comment
  • The squeeze is on at Heinz (HNZ) as P-E buyer 3G Capital starts to initiate cost-cutting measures. Perks for execs will go first, say the top brass at Burger King who are familiar with the 3G hatchet. [View news story]
    gsterling: You mean "tit" not "teet" - Good God Man!
    Jun 14, 2013. 07:41 PM | Likes Like |Link to Comment
  • Shares of Fiat (FIATY.PK) are up over 4.5% in trading today in Europe to put them at 20-month highs as more Italian newspapers report that negotiations are in a decisive phase over Fiat's plans to buy the 41.5% of Chrysler it doesn't own. An eventual Chrysler IPO in the U.S. could bear some watching for General Motors (GM) and Ford (F). [View news story]
    Yea. I agree, Irish, In Italy FIAT has been a rispected brand even if like you say it has had a spotted history post WWII and especially the fiftees and sixties. Remember the old fiat 500 introduced in the US? - a disaster. Problem in the US the problem has been the lack of infrastructure, service and maintain and promotion. I believe Fiat has lerned it's lessons. Anyway let's hope so. The new 500 certainly has done ok but now it is time to introduce the larger models and give chrisler a more stylistic design. The stroke of genius was the purchase of control share of chrisler at bargain prices. The reason I believe tjis is that it provides FIAT with the necessary infrastructure in the USA.
    Not sure Fiat plans to relocate is best course to do right now as the Italian government will surely balk. After all FIAT stands for "Fabrica Italiana Automobili Torino" Figure that. Whether they relocate or not buying the outstanding shares of Chrisler is also a bold move that could work out. The Germans couldn't make it work but maybe the Italians can. Heres hoping they make it. I presently do not own FIAT. Domenic
    May 28, 2013. 11:12 AM | Likes Like |Link to Comment
  • Shares of Mondelez International (MDLZ) slip 1% premarket after the company sees lower retail coffee prices and higher costs during Q1 cut into profitability. A stinging downgrade from Credit Agricole straight to Underperform from Outperform isn't helping sentiment. [View news story]
    same old overreaction by the short crowd.
    May 8, 2013. 02:07 PM | Likes Like |Link to Comment
  • Qualcomm And The Demise Of The Commodity Processor [View article]
    Sounds like you are saying it is time now to sell and take profits. Or slowly watch QCOM whither on the vine. If you got it right where would you put your money in tech?
    Apr 29, 2013. 04:56 PM | Likes Like |Link to Comment
  • PPG Executives' Actions Wave Red Flag - Time To Sell [View article]
    OK but as I understand the tender in worth 1.11 percent of GGC shares 11 percent bonus is quite attractive so why would co execs sell instead of tendering share. I was thinking of tendering my shared since GCC is not a shabby company and is a recommended 9 plus buy. please help me. If I tender 80 shares of PPG i would receive 251 shares of GGC that includes the 11% mark up. Am I buying a pig in a poke?? Would really appreciate your comment John. thanks DV
    Jan 24, 2013. 01:30 PM | Likes Like |Link to Comment
  • Plastics. With apologies to Benjamin Braddock, that's the word from Coca-Cola (KO -0.5%), Ford (F +1.0%), Heinz (HNZ -0.1%), Nike (NKE +0.1%), and Procter & Gamble (PG -0.5%) as they form a group to advance the development of a plant-based plastic that could be commercially viable and reduce the dependence on fossil fuels. [View news story]
    With Brazil set to produce jet fuel from sugar cane, Iowa farmers producing alcohol from corn, and now creating plastic from all sorts of plants, food producing mostly, I wonder what the billions of people on this planet will eat and what those leftovers will cost. More than this Poormaniam can afford. Pun intended! - MIllions of people starving and millions more dying from hunger and these corporations want to turn food into plastic? What we need is more plastic - right?
    Jun 5, 2012. 10:09 PM | Likes Like |Link to Comment
  • Why Cisco Is Undervalued But We're Steering Clear Of The Shares [View article]
    OK: but what do you do if you already own shares? As a n average investor would have liked to see a summary in bold letters and a statement as to why you would not invest in CSCO now and if so when. Instead you leave me to read a bunch of data chart that frankly are a bit boring. I still rated article 4 stars as much of the info was very revealing. But what is management team doing wrong that is keeping share price low or is it just the market as one reader pointed out.

    Regards DV
    May 19, 2012. 04:29 AM | Likes Like |Link to Comment
  • Cisco Becomes The Dell Of Networking [View article]
    I bought Cisco some months ago. After doing due research: Both analytic reports and studies and more casual articles such as provided by "Looking for Alpha" and scouring company financial records and reports. Needless to say it checked out and I bought

    Even days before Cisco reported most articles were upbeat if cautionary and it seemed Cisco would beet expectations.

    Now all of the sudden the neigh Sayers are piling on like vultures on a carcass.

    As for me I am in and plan to stay. Remember as far as the Eurozone is concerned it is bigger than just Cisco. It seems there are few places to run and fewer places to hide. It might as well be Cisco.

    I note that StarMine still gives Cisco an Equity Composite Summary Score of 9 out of 10 or a "Very Bullish" rating. This may go down some in days to come but Cisco is no Dell in my opinion.
    May 10, 2012. 10:21 PM | Likes Like |Link to Comment
  • Ford (F) plans to invest $1.3B in a stamping and assembly plant in the Mexican city of Hermosillo, says a company exec. The investment plan comes in spite of a recent deal to in-source jobs from overseas facilities.  [View news story]
    Its time to sell Ford just for their wrongheaded actions and disregard of the priority of creating jobs for American workers. Ford should put their money where their mouth is and not make exceptions. These will be good paying jobs. In the scheme of things it would not make much financial difference now for Ford may make Ford money inthe long run. I own Ford Shares.PM
    Mar 30, 2012. 02:52 PM | Likes Like |Link to Comment
  • Fidelity's Top Buys: 2 Potential Longs, 3 To Avoid [View article]
    I have owned McDonalds since the 80' and added some over time. Needless to say MCD has made very good money for me. There have been times of temptation to sell such as the well known financial deeps of '02 and '08 but resisted that, probably irretionally. The stock vendicated the tenacity. Right now all I have been able to research and read to include this piece by Fidelity says to me I should take some profits and I will probably sell some of my early lots at risk ofr hopping my tax bill for 2012. I firmly believe that if you are a real long term investor (3-5 years) you should stay with MCD If not, you probably should be thinking going short. I believe the Fidelity position in view of MCD inability to break the $ 100 price per share and pulling back nearly 10% does not justify the Fidelity position of a buy and not mentioning recent events with MCD.
    Mar 11, 2012. 10:43 PM | Likes Like |Link to Comment
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