jimmy smith's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/209112/comments http://seekingalpha.com/article/162753-china-mobile-dialing-for-dividends?source=feed#comment-686201 686201
it was just last year that the gov came into CHL and decided to willy-nilly "rotate" CEO's amongst the various phone companies! an unheard of activity observed in the West. can you see the results? yes! CHL's stock has stagnated while its rivals have surged.

due to this kind of governmental tampering, i'd want a sizable margin of safety to invest in this firm. i'd be a buyer in the low 40's. ]]> Tue, 22 Sep 2009 10:57:06 -0400
it was just last year that the gov came into CHL and decided to willy-nilly "rotate" CEO's amongst the various phone companies! an unheard of activity observed in the West. can you see the results? yes! CHL's stock has stagnated while its rivals have surged.

due to this kind of governmental tampering, i'd want a sizable margin of safety to invest in this firm. i'd be a buyer in the low 40's. ]]> http://seekingalpha.com/article/128768-why-this-is-just-another-bear-market-rally?source=feed#comment-447058 447058
however, in this case the author forgets that unemployment is a lagging indicator.

i also like the fact that he's out there - more wall of worry money to come back into the market when they understand that we've truly bottomed this time.]]> Tue, 31 Mar 2009 16:58:42 -0400
however, in this case the author forgets that unemployment is a lagging indicator.

i also like the fact that he's out there - more wall of worry money to come back into the market when they understand that we've truly bottomed this time.]]> http://seekingalpha.com/article/122309-the-three-riskiest-banks-american-banker?source=feed#comment-403135 403135
So, you must scrutinize the quality of the loans and other assets. TCE is just one important data point, but not the whole picture. For example, I'm not sure you should be buying JPM on the basis of its TCE because its got a boat load of nastiness on the balance sheet which'll be hitting TCE pretty hard in the upcoming quarters. ]]> Wed, 25 Feb 2009 12:02:31 -0500
So, you must scrutinize the quality of the loans and other assets. TCE is just one important data point, but not the whole picture. For example, I'm not sure you should be buying JPM on the basis of its TCE because its got a boat load of nastiness on the balance sheet which'll be hitting TCE pretty hard in the upcoming quarters. ]]> http://seekingalpha.com/article/121498-liquidity-and-capital-calls-at-the-yale-endowment?source=feed#comment-395295 395295
one issue: due to the ill-liquidity of these (and others!, read: forests) how with the endowments market the losses? probably they'll attempt to hide them ("mark to whatever allows us to save face and maintain donations, administrator jobs and high salaries"). ]]> Thu, 19 Feb 2009 12:56:59 -0500
one issue: due to the ill-liquidity of these (and others!, read: forests) how with the endowments market the losses? probably they'll attempt to hide them ("mark to whatever allows us to save face and maintain donations, administrator jobs and high salaries"). ]]> http://seekingalpha.com/article/111084-five-apple-predictions-for-2009?source=feed#comment-331819 331819 biz.yahoo.com/ap/08121...]]> Wed, 17 Dec 2008 09:08:10 -0500 biz.yahoo.com/ap/08121...]]> http://seekingalpha.com/article/101059-bigger-is-not-better-in-banking?source=feed#comment-287842 287842
personally, i think this guy is contracted by some funds who are/will be short. if he can scare enough investors he and the hedge funds could create a run on the bank. being short (whether in the CDS market, with Puts, and/or naked shorting the common), you'd make a lot of money...but they'd destroy an American institution in the process.
]]> Wed, 22 Oct 2008 11:55:31 -0400
personally, i think this guy is contracted by some funds who are/will be short. if he can scare enough investors he and the hedge funds could create a run on the bank. being short (whether in the CDS market, with Puts, and/or naked shorting the common), you'd make a lot of money...but they'd destroy an American institution in the process.
]]> http://seekingalpha.com/article/99504-what-does-warren-buffett-see-in-general-electric?source=feed#comment-282073 282073
When you do this you see that GE's bank is extraordinarily conservative relative to other banks (1/7 leverage vs. 1/11 and higher for well capitalized banks).

You see that the industrial business is the best in the world, exhibiting the highest returns on assets and growth out there, with a excellent portfolio of businesses including everything from train engines, to water infrastructure which are going to be huge for the next several decades.

Then you've got NBC, while I think it has become an embarrassment to GE's name and should be spun off, it nevertheless is generates enormous amounts of free cash flow.

At $20 a share and a dividend yield of 6.2%, its a massive buy if you have a year or so time horizon. ]]> Tue, 14 Oct 2008 11:00:34 -0400
When you do this you see that GE's bank is extraordinarily conservative relative to other banks (1/7 leverage vs. 1/11 and higher for well capitalized banks).

You see that the industrial business is the best in the world, exhibiting the highest returns on assets and growth out there, with a excellent portfolio of businesses including everything from train engines, to water infrastructure which are going to be huge for the next several decades.

Then you've got NBC, while I think it has become an embarrassment to GE's name and should be spun off, it nevertheless is generates enormous amounts of free cash flow.

At $20 a share and a dividend yield of 6.2%, its a massive buy if you have a year or so time horizon. ]]> http://seekingalpha.com/article/91841-sec-considering-market-wide-short-sale-rule?source=feed#comment-235845 235845
but but wait, if the companies didn't have probs already, then the shorts wouldn't be there. look: all companies have probs from time to time. naked shorting causes moral to drop, employees to leave, customers to scratch their heads and say "hmm, i better hold off buying from these guys, they might not be around much long..." etc. ]]> Thu, 21 Aug 2008 15:17:39 -0400
but but wait, if the companies didn't have probs already, then the shorts wouldn't be there. look: all companies have probs from time to time. naked shorting causes moral to drop, employees to leave, customers to scratch their heads and say "hmm, i better hold off buying from these guys, they might not be around much long..." etc. ]]> http://seekingalpha.com/article/85190-dividends-in-danger-at-regional-banks?source=feed#comment-206813 206813
USB's earnings increased last Q. they were down from 2007, but the were positive unlike a lot of other banks, like WFC. the company grew its asset base and shareholder equity.]]> Wed, 16 Jul 2008 09:59:07 -0400
USB's earnings increased last Q. they were down from 2007, but the were positive unlike a lot of other banks, like WFC. the company grew its asset base and shareholder equity.]]> http://seekingalpha.com/article/83619-tempting-buffett?source=feed#comment-197897 197897 Thu, 03 Jul 2008 10:05:02 -0400 http://seekingalpha.com/article/81576-ge-more-bad-news-to-come?source=feed#comment-186967 186967
also, note that any real estate write downs are paper losses only. when the market improves (which it will eventually!) they will have to be written back up.

we should thus focus on operating results. all the other stuff is accounting b.s. in fact, new accounting rules are part of the problem we are now facing across the board!]]> Tue, 17 Jun 2008 08:57:08 -0400
also, note that any real estate write downs are paper losses only. when the market improves (which it will eventually!) they will have to be written back up.

we should thus focus on operating results. all the other stuff is accounting b.s. in fact, new accounting rules are part of the problem we are now facing across the board!]]> http://seekingalpha.com/article/81026-are-glorious-days-ahead-for-microsoft?source=feed#comment-184149 184149
you're looking at the difference between a company and its stock. you can have a great company (AAPL) but whose stock is already pricing in perfection, and thus does not offer a very good future expected return.

MSFT is, right now, +30% undervalued. you add in the dividend and the growth (15% for 2009) and you have an excellent expected return.


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you're looking at the difference between a company and its stock. you can have a great company (AAPL) but whose stock is already pricing in perfection, and thus does not offer a very good future expected return.

MSFT is, right now, +30% undervalued. you add in the dividend and the growth (15% for 2009) and you have an excellent expected return.


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