Seeking Alpha


Send Message
View as an RSS Feed
View poortorich's Comments BY TICKER:
Latest comments  |  Highest rated
  • Under Armour's First Quarter Earnings Reaction Proves What It Needs To Do [View article]
    Check out the youtube clip involving UA and The Avengers Age of Ultron. Brilliant move by UA
    Apr 23, 2015. 12:19 PM | 1 Like Like |Link to Comment
  • Masterful move by Under Armour in golf [View news story]
    There will be corrections along the way, thats for sure. The question is, how big of a correction. If you place the limit buys too low, you may never get in.
    Apr 14, 2015. 11:35 AM | Likes Like |Link to Comment
  • Masterful move by Under Armour in golf [View news story]
    Here's the thing about UnderArmour.
    Listen to his interviews. Even though he was not a great "student" in school, he is extremely focused and relentless. Since he is only 41 y.o. he has a long runway ahead of him. Betting on UA is betting on both the horse and jockey.
    Apr 14, 2015. 12:00 AM | 1 Like Like |Link to Comment
  • Under Armour Looks Expensive, But I Think It's A Buy Here [View article]
    Kevin Plank did a very smart thing. He locked up Jordan Spieth to a 10 year contract with Under Armour. This is the key.....only Under Armour apparel will be worn from head to toe. If Spieth can maintain the lead and win the Masters, this should bring alot of positive exposure to UA. What Spieth has done to this point is quite amazing.
    Apr 10, 2015. 01:52 PM | 3 Likes Like |Link to Comment
  • Visa Or MasterCard For Your Retirement Portfolio? [View article]

    I hope you are right about that. But google "Craig Wildfang Apple and threat to Mastercard". Applepay could be the trojan horse for banks and credit card companies.
    Dec 29, 2014. 11:19 AM | 2 Likes Like |Link to Comment
  • Visa Or MasterCard For Your Retirement Portfolio? [View article]
    One needs to keep a very close eye on Apple. If ApplePay takes off in the future, would Apple even need the credit card processors?
    Dec 28, 2014. 11:47 PM | 2 Likes Like |Link to Comment
  • Herbalife: Last One Out, Turn Off The Lights [View article]

    Its all about the FTC and only about the FTC for both short and longs. One can argue and write all day long and it will be pointless because HLF left alone will not collapse on its own. Only a complete shutout will result in a win for the shorts. Betting on or against HLF is essentially betting on what the FTC will do. How likely will the FTC completely shut down HLF? That is for the investor to decide and place bets accordingly. (traders can money both ways)
    For those who say the recent HLF financials show iminent collapse
    look at the recent results from TUP, Ko, GIS. Not so hot. They are interchangeable.
    A 4% drop in N America for HLF, the epicenter of bad publicity is to be expected.
    Hlf is projected to generate about $650million in cash in2015. This is equal to the trailing 12 month numbers. This is NOT consistent with a company about to collapse. If those numbers can be achieved, that would be pretty remarkable and would argue very strongly that HLF will not collapse. Remember, we are about 2 years into this unprescedendent attack and to maintain stable a stable cash flow would be very telling. As long is one is not using margin, one can enjoy the show without much worry.
    Nov 8, 2014. 12:42 PM | 4 Likes Like |Link to Comment
  • These Were Some Of The Warning Signs Before Herbalife's 3rd Quarter Disaster [View article]
    A company a few days ago reported these numbers
    - 1% decline in sales
    - 15% decline in operating income
    - net earnings down 25%

    Another company reported these numbers
    - 2% decline in revenues
    - 13% decline in eps
    - volume growth of 1 %

    Clearly, those two companies have reached their saturation point. What are the names of the two companies? General Mills and Coca Cola.

    Perspective is very important. KO and Gis still have a PE of 17-20. The PE of hlf is about 8.

    One last point that is fascinating. Despite all the negative pub surround hlf, the sales in N America only declined by 4%.

    Compare that to other consumer staples where sales/volume in many cases have been declining despite massive marketing efforts.
    Nov 4, 2014. 10:58 AM | 4 Likes Like |Link to Comment
  • The Toll Booth Businesses Of Visa And MasterCard [View article]
    Any thoughts on MCX/CurrentC ?
    Oct 28, 2014. 04:29 PM | Likes Like |Link to Comment
  • My Dividend Growth Investing Epiphany [View article]
    Dividend House

    Glad to hear you had an epiphany.
    I have experience with real estate also. There are pros and cons of owning real estate.

    1)Growth of dividend vs growth of rent....advantage stocks (usually).
    2)Price increase of stocks vs increase in price of property .....advantage stocks
    3)Convenience...advantage stocks. Here is a real life example. A few years ago, one of my companies got bought out leaving me with me a 6 figure cash. If i wanted to use that money to buy real estate, that would have taken me several months (finding a property, visiting the property, getting a loan escrow etc). However, because of the beauty of the internet, I was able to buy another company within a few minutes with the click of my mouse.
    The headache of dealing with tenants, finding a good property management co etc can be a problem.

    Real estate, however, has its advantages.
    1)highet initial cash flow yield
    2)you can use leverage. (other people's money)
    3) tax deductions.

    If one does not have the right temperament, real estate is a fine way to invest.
    Oct 23, 2014. 10:21 AM | 1 Like Like |Link to Comment
  • For Retirees, Have The Last 15 Years Been The Worst Of Times? Ever? [View article]

    It appears your mother's portfolio is big enough that the income it generates meets all her needs. I would venture to that say most retirees do not have enough to do this.

    Thats why SOME investors need a way to protect their capital/seek other ways to increase income.
    This is where the following can be helpful
    1) asset allocation
    2) diversification ( stocks/real estate. Although Im not a big fan of real estate. Im also not a fan of bonds)
    3) rebalancing
    4) buying stocks with big margin of safety
    5) options
    Oct 8, 2014. 11:53 AM | 1 Like Like |Link to Comment
  • For Retirees, Have The Last 15 Years Been The Worst Of Times? Ever? [View article]
    A one million dollar portfolio would not have generated enough dividends to support a $55000 a year lifestyle in 2000. The yield on dividend stocks was too low. At some point, the selling of shares was bound to happen, thereby jeopordizing once's nest egg.

    What if one had bought a rental property, fully paid with a million dollars. Perhaps one could get 100,000 a year in rent free and clear at the time. A retiree who did that in 2000 would now be getting 140,000-160,000 in rent a year. His building would now be worth $1600000.

    Unless you've reached the Golden Finish Line, preservation of capital in retirement is very important. If you've reached that line, capital preservation is secondary to dividend growth
    Oct 7, 2014. 10:22 PM | 2 Likes Like |Link to Comment
  • Herbalife's New Compliance Hire Is No Safe Harbour [View article]
    Most of the news on hlf is just noise. Thats why its not worth even commenting anymore. However, todays announcement is very significant...on par with Stiritz buying shares.
    You have here a former FTC commisoner, who is very familiar with pyramids, who im sure has seen what has been going on for the past 2-3 years and has done her DD and now has decided to join HLF. Why would she do such a thing and risk her outstanding reputation ?
    Oh. And by the way, did i mention she has been a consumer of the product for the past 10 years? I thought real consumers didnt exist. So clearly, she has a very good grasp of the issue from both sides.
    Oct 6, 2014. 11:51 AM | 9 Likes Like |Link to Comment
  • Johnson & Johnson: Growth-Growth-Growth; Win-Win-Win - Part I [View article]
    $5000 in cash in 1944 is about $67000 in todays money inflation adjusted.

    If instead $5000 were used to buy JNJ in1944, it would be worth approximately $155,000,000. You would be getting dividends of 3-4 million dollars a year.
    Keep in mind JNJ was already a very well established company even before its IPO.
    Oct 2, 2014. 10:32 AM | Likes Like |Link to Comment
  • Johnson & Johnson: Growth-Growth-Growth; Win-Win-Win - Part I [View article]
    Better yet.

    Calculate what $5,000 dollars would be if it had been invested in JNJ in 1944 when it became a public company.

    $5,000 in 1944 would be around $67,000 today inflation adjusted.
    Oct 1, 2014. 09:34 PM | Likes Like |Link to Comment