Steven Kiel's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/605738/comments http://seekingalpha.com/article/1159501/comments?source=feed#comment-14701471 14701471 Thu, 07 Feb 2013 12:19:48 -0500 http://seekingalpha.com/article/1159501/comments?source=feed#comment-14692271 14692271 Thu, 07 Feb 2013 09:23:24 -0500 http://seekingalpha.com/article/1159501/comments?source=feed#comment-14665741 14665741 Wed, 06 Feb 2013 17:07:18 -0500 http://seekingalpha.com/article/451781/comments?source=feed#comment-9036041 9036041
The plus for spin-offs is that often they look fairly priced right now, but there is a high chance of earnings and revenue upside surprises a few quarters or a year out b/c of focus, freedom, and nimbleness of new management. ]]> Sun, 02 Sep 2012 22:36:04 -0400
The plus for spin-offs is that often they look fairly priced right now, but there is a high chance of earnings and revenue upside surprises a few quarters or a year out b/c of focus, freedom, and nimbleness of new management. ]]> http://seekingalpha.com/article/700531/comments?source=feed#comment-8270731 8270731 Thu, 09 Aug 2012 22:29:17 -0400 http://seekingalpha.com/currents/post/413881?source=feed#comment-7368251 7368251 http://bit.ly/Lfsk7A]]> Fri, 13 Jul 2012 17:56:16 -0400 http://bit.ly/Lfsk7A]]> http://seekingalpha.com/article/683891/comments?source=feed#comment-6849111 6849111 Wed, 27 Jun 2012 12:53:40 -0400 http://seekingalpha.com/article/683891/comments?source=feed#comment-6814991 6814991 http://seekingalpha.co...]]> Tue, 26 Jun 2012 14:25:03 -0400 http://seekingalpha.co...]]> http://seekingalpha.com/article/683891/comments?source=feed#comment-6810511 6810511 http://scr.bi/LznpEq

If 1/10th of it comes true, we'll be good shape. My biggest concerns, actually, are Francis leaving (and what we don't know about it) and them not having the nerve to follow through completely on the new pricing strategy. ]]> Tue, 26 Jun 2012 12:37:19 -0400 http://scr.bi/LznpEq

If 1/10th of it comes true, we'll be good shape. My biggest concerns, actually, are Francis leaving (and what we don't know about it) and them not having the nerve to follow through completely on the new pricing strategy. ]]> http://seekingalpha.com/article/683891/comments?source=feed#comment-6809401 6809401
The competitive advantages I see with JCP are its cheap real estate (cost of $4/sq. ft. for leased space and owned real estate worth significantly more than its carrying costs), and the talents of new management coupled with the support from its largest shareholders Ackman and Roth. CEO Ron Johnson has come under fire, for sure, but look at the cost cutting already done if nothing else. The attacks on Johnson and bad quarter (and expectation for a bad Q2 as well) is what allows us to pick up the stock cheap. But, in JCP's case, you've got to be a long term holder to see the value in it. ]]> Tue, 26 Jun 2012 12:11:51 -0400
The competitive advantages I see with JCP are its cheap real estate (cost of $4/sq. ft. for leased space and owned real estate worth significantly more than its carrying costs), and the talents of new management coupled with the support from its largest shareholders Ackman and Roth. CEO Ron Johnson has come under fire, for sure, but look at the cost cutting already done if nothing else. The attacks on Johnson and bad quarter (and expectation for a bad Q2 as well) is what allows us to pick up the stock cheap. But, in JCP's case, you've got to be a long term holder to see the value in it. ]]> http://seekingalpha.com/article/683891/comments?source=feed#comment-6807331 6807331 Tue, 26 Jun 2012 11:35:46 -0400 http://seekingalpha.com/article/658191/comments?source=feed#comment-6463021 6463021
That being said, Moynihan has been doing a great job and BAC appears to be coming out of this in great shape. ]]> Fri, 15 Jun 2012 11:57:25 -0400
That being said, Moynihan has been doing a great job and BAC appears to be coming out of this in great shape. ]]> http://seekingalpha.com/article/628271/comments?source=feed#comment-6323691 6323691 Mon, 11 Jun 2012 19:05:57 -0400 http://seekingalpha.com/article/643491/comments?source=feed#comment-6211061 6211061 Thu, 07 Jun 2012 16:03:06 -0400 http://seekingalpha.com/article/643491/comments?source=feed#comment-6210101 6210101
"Ackman points out that 20% of the company's internet bandwidth was taken up by Netflix during working hours. Plus, the average employee clicked on YouTube 1,000 times per month."

http://seekingalpha.co...]]> Thu, 07 Jun 2012 15:38:58 -0400
"Ackman points out that 20% of the company's internet bandwidth was taken up by Netflix during working hours. Plus, the average employee clicked on YouTube 1,000 times per month."

http://seekingalpha.co...]]> http://seekingalpha.com/article/643491/comments?source=feed#comment-6210011 6210011 Thu, 07 Jun 2012 15:36:59 -0400 http://seekingalpha.com/article/628271/comments?source=feed#comment-5975241 5975241 Thu, 31 May 2012 12:00:31 -0400 http://seekingalpha.com/article/628271/comments?source=feed#comment-5973371 5973371
You have to trust that Johnson and his team know what they are doing. I'm sure there will be a variety of tweaks along the way. The bigger point is that cost-cutting, along with the value of their real estate and leases protect the downside. On the upside, there is tremendous potential even if J.C. Penney's performs on a subpar level. It's much more likely they'll significantly outperform, though. ]]> Thu, 31 May 2012 11:24:18 -0400
You have to trust that Johnson and his team know what they are doing. I'm sure there will be a variety of tweaks along the way. The bigger point is that cost-cutting, along with the value of their real estate and leases protect the downside. On the upside, there is tremendous potential even if J.C. Penney's performs on a subpar level. It's much more likely they'll significantly outperform, though. ]]> http://seekingalpha.com/currents/post/319571?source=feed#comment-5495661 5495661 http://goo.gl/zLLVD]]> Wed, 16 May 2012 11:49:48 -0400 http://goo.gl/zLLVD]]> http://seekingalpha.com/article/485311/comments?source=feed#comment-4426821 4426821
For FMD, I did pick up more shares at this level. I don't know if there are other things going on that we don't know about it. Seems likely that the market is at least somewhat reacting to upcoming hearings and proposed government policies on student lending that won't be implemented. Probably also in response to JPM getting out of the business, though it was a very small part of JPM's business. Could be more to it, but I haven't seen anything else, so I'm inclined to think it may just be more market fluctuations. ]]> Sat, 14 Apr 2012 11:44:57 -0400
For FMD, I did pick up more shares at this level. I don't know if there are other things going on that we don't know about it. Seems likely that the market is at least somewhat reacting to upcoming hearings and proposed government policies on student lending that won't be implemented. Probably also in response to JPM getting out of the business, though it was a very small part of JPM's business. Could be more to it, but I haven't seen anything else, so I'm inclined to think it may just be more market fluctuations. ]]> http://seekingalpha.com/article/485311/comments?source=feed#comment-4259811 4259811 Mon, 09 Apr 2012 13:12:18 -0400 http://seekingalpha.com/currents/post/230471?source=feed#comment-4037311 4037311 http://blog.agrawals.org April Fools joke or no?]]> Sun, 01 Apr 2012 17:37:09 -0400 http://blog.agrawals.org April Fools joke or no?]]> http://seekingalpha.com/article/444731/comments?source=feed#comment-3643721 3643721 ]]> Tue, 20 Mar 2012 10:35:45 -0400 ]]> http://seekingalpha.com/article/413961/comments?source=feed#comment-3212941 3212941 Tue, 06 Mar 2012 09:51:59 -0500 http://seekingalpha.com/article/326702/comments?source=feed#comment-2782921 2782921 VIST). ]]> Mon, 20 Feb 2012 12:49:48 -0500 VIST). ]]> http://seekingalpha.com/article/364841/comments?source=feed#comment-2683191 2683191 http://bit.ly/yPYRxa]]> Wed, 15 Feb 2012 23:10:46 -0500 http://bit.ly/yPYRxa]]> http://seekingalpha.com/article/307814/comments?source=feed#comment-2039168 2039168 Mon, 14 Nov 2011 20:52:21 -0500 http://seekingalpha.com/article/292486/comments?source=feed#comment-1893838 1893838 Thu, 08 Sep 2011 14:38:28 -0400 http://seekingalpha.com/article/287707/comments?source=feed#comment-1882120 1882120 www.secform4.com/insid...

He had four sales in December of last year between $65 and $73. It seems that those sales were for end of the year tax planning purposes. His sales in late 2010 were at all-time highs for the stock at the time. His new purchase was nine months later after a big price run-up and then market-related drop. It seems obvious with his latest purchase that he believes shares are undervalued. It also appears that you can draw little comparison to his earlier sales due to the significantly different factors at that time.]]> Sat, 03 Sep 2011 15:46:19 -0400 www.secform4.com/insid...

He had four sales in December of last year between $65 and $73. It seems that those sales were for end of the year tax planning purposes. His sales in late 2010 were at all-time highs for the stock at the time. His new purchase was nine months later after a big price run-up and then market-related drop. It seems obvious with his latest purchase that he believes shares are undervalued. It also appears that you can draw little comparison to his earlier sales due to the significantly different factors at that time.]]> http://seekingalpha.com/article/287503/comments?source=feed#comment-1835216 1835216 Mon, 15 Aug 2011 17:23:27 -0400