Seeking Alpha

Momintn

Momintn
Send Message
View as an RSS Feed
View Momintn's Comments BY TICKER:
Latest  |  Highest rated
  • Was Credit Suisse Wrong In Naming Dunkin' Brands Group Top Restaurant Investment? [View article]
    Credit Suisse is usually wrong so do your own research.
    Mar 26, 2015. 11:02 AM | 1 Like Like |Link to Comment
  • There Will Be No Oil Storage Crisis In 2015 [View article]
    How will lifting sanctions against Iran impact the price of crude?
    Mar 26, 2015. 10:55 AM | 2 Likes Like |Link to Comment
  • 3 Large Technology Stocks Down Over 15% [View article]
    MSFT has had lower EPS for the last 2 years and will likely have lower EPS this year.

    INTC had a great year last year and will likely have lower EPS this year. But last quarter was amazingly good. Unfortunately INTC is in a sector that is bearish so that is likely why the decline. INTC pays over a 3% dividend yield. When the selling stops, may be a good place to add.

    IBM also had a good 4th quarter last year, beating consensus by 6.88%. I have a substantial investment in this company. I am waiting to hear the earnings call this quarter before adding more shares. I added shares last year. With a P/E of 10, this is the stock to watch. If the market gains confidence in the company, it will head back up. If the market sells off the stock, I will add again this year. At some point, they will get new management.
    Mar 26, 2015. 10:30 AM | Likes Like |Link to Comment
  • If FX Drag Doesn't Matter, IBM Is Grossly Undervalued [View article]
    Accenture is up on earnings over 4%. "For the current quarter, the company expects net revenue between $7.35 billion to $7.60 billion., while analysts polled by Thomson Reuters had forecast revenue of $7.63 billion. The guidance assumed a 11% negative impact from foreign exchange." So for this 2-star stock that is over-valued, the negative impact isn't impacting today's price.
    Mar 26, 2015. 09:47 AM | Likes Like |Link to Comment
  • Disney: A Pullback Is Coming For This 'Must Own' Company [View article]
    Every time I sell some stock because it gets close to someone's price target, I regret it. If you held the stock through last October, then you probably will continue to hold it, taking advantage of any low prices to buy more.
    Movies coming out this year
    http://bit.ly/1NiY2jX
    Mar 26, 2015. 09:29 AM | 3 Likes Like |Link to Comment
  • Airline stocks clipped by Yemen unrest [View news story]
    Days like yesterday didn't look very smart either. Yemen is such a small country and on the other side of the world.
    Mar 26, 2015. 09:19 AM | Likes Like |Link to Comment
  • MKM Partners chief technician offers MLP buy and sell selections [View news story]
    High P/Es. Why is that?
    Mar 25, 2015. 11:37 PM | Likes Like |Link to Comment
  • IBM And Rising Rates? Not A Good Combination [View article]
    I don't see any point in more repurchase programs now that their P/E is 10.
    Here's what Moody's says about IBM's credit rating.
    Watch status - Not on Watch
    Moody's rating outlook - Stable

    Rating Drivers
    Scale and diversity drive strong and stable free cash flow generation
    Strong market position supported by tuck-in acquisitions
    Growing mix of software and services revenue enhances credit profile
    Hardware business likely to remain weak
    Solid credit metrics and conservative financial policies mitigate business risk
    SUMMARY RATING RATIONALE
    IBM's Aa3 long-term and Prime-1 short-term ratings reflect its diversified revenue, leading and defensible market positions in a range of
    information-technology (IT) products, software, and services, with solid and consistent earnings and operating cash flow, all of which
    contribute to the company's strong debt protection measures. The large portion of revenue from services and software (84% of total) leads
    to margin and cash flow stability, and we expect IBM's operating margin to approximate 20% over the next year, with free cash flow of $12billion. The rating also considers IBM's conservative capital structure and strong liquidity. ...

    DETAILED RATING CONSIDERATIONS (sub-headings below)
    STEADY OPERATING MARGINS DRIVEN BY EMPHASIS ON SOFTWARE AND SERVICES
    SERVICES AND SOFTWARE MIX ARE KEY CREDIT POSITIVES
    BUT HARDWARE ALSO IMPORTANT, ALTHOUGH PERFORMANCE TO REMAIN WEAK
    SIGNIFICANT SCALE, DIVERSE REVENUE BASE AND SOLID EXECUTION DRIVE STRONG AND STABLE FREE CASH FLOW
    GEOGRAPHIC DIVERSITY AND RECURRING REVENUE PROVIDES STABILITY AND GROWTH OPPORTUNITY
    BROAD TECHNICAL CAPABILITIES SUPPLEMENTED BY ACQUISITIONS
    STRONG CREDIT METRICS AND CONSERVATIVE FINANCIAL POLICIES MITIGATE BUSINESS RISK
    SHARE REPURCHASE ACTIVE BUT WITHIN FREE CASH FLOW AND A RESIDUAL TO ACQUISITIONS
    CAPTIVE FINANCE OPERATIONS WELL MANAGED
    Liquidity Profile
    IBM maintains a liquid balance sheet with $10.4 billion of cash and marketable securities as of June 2014. We anticipate IBM will maintain
    $10 billion or more of cash balances going forward. We also anticipate IBM will generate over $12 billion of free cash flow annually over
    the next two years. IBM maintains a $10 billion committed credit facility that matures in November 2017. The facility backstops
    commercial paper borrowings ($6.5 billion outstanding as of June 2014). The facility has same day availability, it does not require a
    re-representation of no material adverse change, and it has one financial covenant under which there is ample cushion. Moody's expects
    the $10 billion credit facility to remain largely unutilized.
    IBM has approximately $5.0 billion of term debt maturities over the next year, which is modest in relation to our expectations for free cash
    flow generation and cash balances, as well as the company's superior access to the capital markets. We expect IBM will continue to
    demonstrate ready access to the global capital markets (as it did during the height of the 2008/2009 financial crisis) as a result of its
    operating and financial strengths, global presence, and brand name recognition. IBM's ratings incorporate expectations that management
    will continue to maintain a conservative and liquid balance sheet while growing its business organically and through periodic, modest size
    acquisitions.
    Rating Outlook
    The stable outlook is based on the expectation that IBM's substantial credit protection measures, strong liquidity, low financial risk and
    strong market positions will not materially change over the intermediate term. We believe the company will remain opportunistic yet
    prudent with respect to acquisitions and share repurchase activity.
    Mar 25, 2015. 11:11 PM | 1 Like Like |Link to Comment
  • IBM And Rising Rates? Not A Good Combination [View article]
    Perhaps the point is just to put the article out there in the news to make someone's trade work.
    Mar 25, 2015. 03:15 PM | 2 Likes Like |Link to Comment
  • The Future Of Seeking Alpha [View article]
    I am not aware of whom you are talking about when you say some authors write multiple articles per day, but it is possible for anyone to post articles written by someone else. That is what happens on Zerohedge. Tyler Durden is a fictitious character based on the movie "Fight Club" who posts articles written by possibly 30 people. And he has even been quoted on tv.
    And you don't really have to write any articles at all. You can just pay someone else to do it. There is a website where I chatted with someone who will write an article about any subject you want. You tell him the basic point and he writes the article. I asked him where he was and he is in Pakistan.
    You can get ideas from this website, but if you haven't followed the person before, then you should do your own research on the stock. I never buy anything without reading other analyst reports, news, earnings transcripts, etc.
    Mar 25, 2015. 03:10 PM | 12 Likes Like |Link to Comment
  • IBM And Rising Rates? Not A Good Combination [View article]
    IBM's short term debt was $9,181M end of 2012, $6,862M end of 2013, and has fallen to $5,731M end of 2014. So it doesn't appear that short term debt is much of a problem.
    Mar 25, 2015. 12:04 PM | Likes Like |Link to Comment
  • IBM And Rising Rates? Not A Good Combination [View article]
    I suppose you think you know more than the rating agencies. IBM has one of the best credit ratings in the market at AA-.
    Mar 25, 2015. 11:13 AM | 3 Likes Like |Link to Comment
  • If FX Drag Doesn't Matter, IBM Is Grossly Undervalued [View article]
    S&P Capital IQ rates both INFY and ACN as a Sell 2-star and IBM as a Buy 4-star. But apparently traders don't care what a stock is worth. And I just looked up the ratings of the two stocks that I previously posted as at ridiculous levels with their currency down so much. I do not work for S&P either.
    Mar 24, 2015. 07:27 PM | 1 Like Like |Link to Comment
  • If FX Drag Doesn't Matter, IBM Is Grossly Undervalued [View article]
    Another ridiculous stock investment in a weak currency is Accenture with a P/E of 20 which has just moved up along with the S&P 500 ignoring the fact that the Euro has been so devalued and the stock is incorporated in Ireland. Remember the PIIGS?
    Mar 24, 2015. 07:18 PM | Likes Like |Link to Comment
  • If FX Drag Doesn't Matter, IBM Is Grossly Undervalued [View article]
    Clearly FX doesn't matter to some stocks now. Look how expensive the Indian company Infosys is. And the rupee went down causing the stock to go down with it, between 2011 through the 2nd or 3rd quarter 2013. Then in 2014 traders didn't care any more about the rupee and started bidding the stock back up. It's at a ridiculous P/E of 20 with a 1.3% dividend. There isn't any way I want to be invested in a stock that pays a dividend in the rupee. But traders clearly are blinded because they appeared to have some growth, which probably was nothing more than a weak currency. Telling Americans to invest in countries with a weak currency and then punishing companies' stocks who invest there doesn't seem logical to me.
    Mar 24, 2015. 06:58 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
4,675 Comments
3,828 Likes