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Deepv

Deepv
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  • Randgold Resources Is The Perfect Fit [View article]
    Things to address off top of my head: What is Randgold? What is the record? How does it compare to peers? What are competitive advantagers/disadvanta... What is the industry environment? What are the drivers? Who is management? What is long term NORMAL EBIT margin? Cost structure? Growth? Leverage? Cash? Hidden Assets liabilities? Capital Structure? AISC? direction of AISC? Consolidation/potential acquisitions. How to value--what tools and why--not just "spot" EBITDA ratios.
    May 19, 2015. 08:46 AM | 1 Like Like |Link to Comment
  • Randgold Resources Is The Perfect Fit [View article]
    Zebrahit,
    I have made no statement about RAndgold (which I am very long). My comment is you can't just call an article "perfect fit" and then throw working capital, margin figures etc. and try to make it stick. AT least try to answer: What is Randgold? Why should one own it? What is its competitve positition? How shoud it be valued? Who are the people that run it? What are the risks? I'm sorry this is not "final answer" just basic expectations of any article saying something is good or not. It is like writing about a football player and saying "This OT is a perfect fit. He bench press 200 25 times. He played in college. He run 40 in 5.0. He is good dude." Really? That is your published scouting report? That is content you guys think is worth publishing??? How about Jon X is a dominant lineman. He won the outland trophy in 2015. His edge is he is a mauler with tremendous lateral quickness and punch. He is durable, having started all games in his college career. etc. I mean something that means something dude.
    May 18, 2015. 12:49 PM | Likes Like |Link to Comment
  • Randgold Resources Is The Perfect Fit [View article]
    David, I hate to pick on you, but your article is what is wrong with seekingalpha. If your pastiche insights and analytical content were climbing a 100 foot building they woul need to climb 10 more floors before reaching floor remedial. In order to write about stocks you should have some combination of industry experience and/or financial qualification. It is clear you are not a trained analyst and you say you are not a financial advisor. Why do you write about mining stocks then? You are probably a good guy just keep working at it but don't publish unless you can craft a cogent thesis, based on the fundamentals with a robust framework. Deep
    May 17, 2015. 12:02 PM | 1 Like Like |Link to Comment
  • Chris Mancini's High-Quality Gold Miners That Have Positioned Themselves Well In The Downturn [View article]
    The stocks just haven't worked. It's hard to see a catalyst.
    May 7, 2015. 11:27 AM | Likes Like |Link to Comment
  • Kindred Biosciences: Unique Veterinary Drug Company Trading At 1.2 Times Net Cash [View article]
    Bruce: My largest position Seaboard holds no conference call. I bought it for $999 share.
    Apr 11, 2015. 04:15 PM | Likes Like |Link to Comment
  • Kindred Biosciences: Unique Veterinary Drug Company Trading At 1.2 Times Net Cash [View article]
    I'd like them to focus on the drugs, not the analysts. However maybe they would like to be a private company at some point...
    Mar 31, 2015. 03:51 PM | Likes Like |Link to Comment
  • Morningstar on the St. Joe Company [View article]
    Notice CTO has been fabulous brothers...
    Mar 23, 2015. 02:32 PM | Likes Like |Link to Comment
  • Kindred Biosciences: Unique Veterinary Drug Company Trading At 1.2 Times Net Cash [View article]
    Years Himself
    Mar 23, 2015. 02:32 PM | Likes Like |Link to Comment
  • Is Barrick Gold A Candidate For Bankruptcy? [View article]
    You might want to post your credentials because you are not making any other points 60. For example, you comment strongly on GG b/sheet weakness but do not mention say net debt levels, interest cover, credit ratings or anything at all relevant to provide a basis. This makes me wonder if you know what you are talking about.
    Mar 17, 2015. 12:14 PM | 1 Like Like |Link to Comment
  • Is Barrick Gold A Candidate For Bankruptcy? [View article]
    ABX has b/sheet "issues" that is clear. However it is not going bankrupt. It's under new management and has several levers to pull. In general the fact is the senior minors have ACCESS TO THE CAPITAL MARKETS and are not going bust any time soon. Exhibit A is ABX 163.5m secondary offering on 11/14/13 for C$19.15. Better choices for me in terms of QUALITY gold miners are GG, AEM, and GOLD. If I wanted to take on more balance sheet risk I'd go with AU and then maybe ABX. The sad truth is that it's a difficult period for gold price and we don't know how long that lasts. As a result I am willing to take on income statement risk that comes with territory, but not BOTH I/s and excessive b/sheet risk. My game is to buy the quality and bet they will thrive in shakeout (RANDGOLD #1 easily in this regard).
    Mar 16, 2015. 03:43 PM | Likes Like |Link to Comment
  • Is Barrick Gold A Candidate For Bankruptcy? [View article]
    60337400,
    Yes, actually I do. Of course, I am a CFA Charterholder with 20 years in as a securities analyst. I have not owned GG stock for the past 10 years. For the record though if you look at the "stocks performance" over 20 years through 2/27/15 GG is up 1,884% including divys, which is 6x+ the return of say KO or nearly 3x P&G. Deep
    Mar 16, 2015. 03:40 PM | 1 Like Like |Link to Comment
  • Is Barrick Gold A Candidate For Bankruptcy? [View article]
    Goldcorp has one of the best b/sheets among gold mining majors. Death throe?
    Mar 16, 2015. 10:22 AM | 1 Like Like |Link to Comment
  • A Bear Market Is Unlikely In 2015 [View article]
    2011 was not a bear market to anyone but you it seems.
    Mar 16, 2015. 09:23 AM | 1 Like Like |Link to Comment
  • A Bear Market Is Unlikely In 2015 [View article]
    "There have only been 10 bear markets since 1960." There have only been about 55 years since 1960 too. So that's 1 out of 5.5 years. There you go. The tone at SA has changed radically. In 2009-2011 there were real bears. Now not so much. Most really smart fundamental guys like Grantham and Klarman have been warning for some time. They are usually quite early on such calls.
    Mar 13, 2015. 10:04 AM | 9 Likes Like |Link to Comment
  • Wintergreen Takes An Evergreen Approach To Stock Selection [View article]
    He's not worth it. He runs a diversified portfolio with high covariance to World Index. If he adds 200bps annaully above a global benchmark (available for say 20bps at Vanguard) that would be amazing. But you as investor would just get the index return. All that said I like his ideas and style. He does tend to ride stocks down and get out just as they rebound though (to take tax loss?). Also too many tobacco names. How many do you need ?
    Mar 9, 2015. 10:02 AM | Likes Like |Link to Comment
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444 Comments
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