Seeking Alpha
  • techwonk
    Value investors: what do you consider to be a compelling reason to invest in a value stock? Leaving price aside.
    8/7/13
    Reply (9)
    • Hillbilly Stock Star: $HES P/E generally "special situations" ie China Shale, buy backs, FCF structural free cash flow, bond market reputation ie $WYNN
      8/7/13
    • Hillbilly Stock Star: $NFG value + growth potential ala $OKE I can wait no hurry.
      8/7/13
    • techwonk: You like asset plays? Wondering how WYNN fits but I guess the Macau casinos are essentially fixed assets
      8/7/13
    • techwonk: How do you determine when the stock is a good value, or do you plan in advance to average down?
      8/7/13
    • Hillbilly Stock Star: I only sometimes average down on strength on mgmt/balance sheet/growth potential.
      8/7/13
    • Hillbilly Stock Star: $WYNMF with 52 acres 8 acre lake is going to be "Bellagio on Steriods" Long.
      8/7/13
    • Hillbilly Stock Star: $LVS $WYNN if good year "special dividends" in Dec. Shareholder Value Focus, $LVS to $77 w/REIT w/essentially zero debt.
      8/7/13
    • Hillbilly Stock Star: Debt revolver at 2% different than old "Vegas" 17% high yield 1980's.
      8/7/13
    • techwonk: Thanks!
      8/7/13