Seeking Alpha

chongkim74

chongkim74
Send Message
View as an RSS Feed
View chongkim74's Comments BY TICKER:
Latest  |  Highest rated
  • U.S. Equipment Rental Demand Makes The Correction In United Rentals A Buying Opportunity [View article]
    Harsh winter; record snowfalls; record subzero temps; war with ISIS; oil fields controlled by ISIS that may be demolished before they retreat; OPEC starting to consider raising the oil prices late Spring/early Summer..same time as US would land on Libya and other countries for war; potentially hot drought Summer this year…hmm. I guess Ive parked my green at the right spots. Well c…Gl, all.
    Mar 5, 2015. 01:46 PM | Likes Like |Link to Comment
  • Textron declares $0.02 dividend [View news story]
    "Bell Helicopter on Tuesday announced deals that could lead to the sale of more than 200 aircraft, helping to counter the weakness in a market hit by the slowdown in work from the oil and gas industry."

    "Air Methods Corp. agreed to buy 200 Bell 407GXP helicopters for its core medical transport business, while Waypoint Leasing Ltd signed a tentative deal to buy 20 of the Textron Inc. unit's new 525 Relentless helicopters."

    So I guess TXT got the deal needed to get sell surplus of helicopters as they promised they will.

    Im on board with TXT. There is war mongering now with ISIS and I say give couple more months before congress pass Obama initiatives to head out to Libya. Also, the crude oil should come back to the 60s 70s and stabilize with OPEC announcement sooner, around Spring, rather than later, June.

    I have researched other defense stocks for a bit (HON, RTN, UTX, ATK etc..) and decided to be on board with TXT and GE. Happy bidding~
    Mar 3, 2015. 04:43 PM | 1 Like Like |Link to Comment
  • Comcast earnings call: optimism about TWC buyout; Wi-Fi hints [View news story]
    Im on board with TWC…not only for their potential merger with Comcast, of course there are other buyers such as Charter Communications, but TWC does not necessarily want to get bought if the price is not right. Its a solid company with metropolis expansions/upgrades happening as we speak. I feel they are breaking their one year resistance level to $160 finally…Its about time.
    Mar 3, 2015. 03:41 PM | Likes Like |Link to Comment
  • Lifetime Brands' (LCUT) CEO Jeffrey Siegel on Q3 2014 Results - Earnings Call Transcript [View article]
    Funny how no one mentioned here that they acquired another company called Reed and Barton. Its an home tableware and accessory company which fits pretty nicely with the LCUT portfolio. Now what Im liking about this announcement is not particularly the new acquisition, but the fact they had enough free cash flow and reserved capital to take over another company going bankrupt. This shows they are doing good in their pocket and still in expanding mode. You can not expand easily if you are in financial difficulty or if the businesses are not doing too well. Consolidation is the usual choice for these scenarios but obviously their confidence and financial capital is allowing another acquisition to happen. Their portfolio is massive and USA made preference in foreign countries like China is keeping my green here. Results coming soon…Good luck who are on board.
    Mar 3, 2015. 03:22 PM | Likes Like |Link to Comment
  • Nautilus beats by $0.01, misses on revenue [View news story]
    Im still here guys…just wanted to know..and Im =) that I'm still here. Will let you know if or when I sell. GL, all!!
    Mar 3, 2015. 03:14 PM | Likes Like |Link to Comment
  • Nautilus' (NLS) CEO Bruce Cazenaveon Q4 2014Results - Earnings Call Transcript [View article]
    Like I stated earlier, this health equipment co is growing global with bow max and acquisitions made. Im still on board.
    Mar 2, 2015. 02:01 PM | Likes Like |Link to Comment
  • NRG Energy swings to profit on renewables growth [View news story]
    What's up with NRG? I don't get it? Input much appreciated.
    Feb 27, 2015. 01:40 PM | Likes Like |Link to Comment
  • J.C. Penney: Starting To Get Overvalued Again [View article]
    I don't think so but thanks for your input. USA is on the forefront of global recovery, I don't think USA will have a downturn this year. I think USA will do nicely 2nd half of 2015. GL.
    Feb 26, 2015. 10:25 PM | Likes Like |Link to Comment
  • J.C. Penney: Starting To Get Overvalued Again [View article]
    I feel JCP will go down further…if these results were around Summer time, the recovery would be swift, however we are in the slow season now and I don't think it will bounce back until end of March or April. I believe JCP will come back and I will buy at the low again. Happy bidding.
    Feb 26, 2015. 10:24 PM | 1 Like Like |Link to Comment
  • J.C. Penney misses by $0.11, beats on revenue [View news story]
    This is what credit suisse stated today after the earnings:

    "CP reported good comparable store sales and positive traffic for the first time in three years, above expectations, but gross margins and expenses disappointed. We applaud management for stabilizing the decline in sales; however, we think it will be challenging for the company to continue driving revenue growth past the first half of the year as they rationalize their store base. As JCP nears peak historical gross margins and sales growth continues to shift towards lower margin e-commerce, we think further significant gross margin improvement will prove to be a challenge. In the face of limited gross profit dollar growth, we believe a strategy embracing expense reduction, and deleverage is a more realistic one for the company."

    I recommend that you sell (if you're still up) and wait for a bottom to reup when the shopping season kicks back in around beginning of Summer. There will be a correction before the Summer and before OPEC's meeting. Sorry for those who lost with me…I made much less after the earnings but got out with couple of change back. I think JCP will come back with lower oil price benefit trickling down to the consumers…as with a lot of other things int he market such as lodge and travel and banks with their interest being raised after wage increase and inflation. Gl, all.
    Feb 26, 2015. 10:09 PM | 1 Like Like |Link to Comment
  • J.C. Penney misses by $0.11, beats on revenue [View news story]
    Nice of you to call us chumps…hope you do well with your future endeavors.
    Feb 26, 2015. 10:05 PM | 1 Like Like |Link to Comment
  • J.C. Penney misses by $0.11, beats on revenue [View news story]
    Update: Reduced my holdings on JCP to half…not because of JCP but I feel correction is coming. I really don't think we are out of the turbulence territory yet.
    Feb 26, 2015. 06:14 PM | 1 Like Like |Link to Comment
  • J.C. Penney misses by $0.11, beats on revenue [View news story]
    Listening to JCP call as I didn't sell on the news. Seems like they are still floating…not much improvement as predicted, same store sales only improved 4.4%, loss of home biz, still have issues operating costs..The disclosure that is keeping my money on them still are:

    1) Improvement on gross income.

    2) Omni-channel is growing.

    3) Closing JCP that are bleeding as they are planning to open up stores in demographic places that has a higher probability of success with lower SG&A.

    4) Disney stores continue to open up within JCP.

    5) Extra spendable income generated by lower oil prices.

    6) Online sales improved 12.5%

    7) Private brands did good.

    8) Dot.com biz improved

    9) Generated $50 mill. in free cash flow.

    Was hoping for better results..seriously, however don't see near death in the horizon..Im HOLDING.

    Gl, all.
    Feb 26, 2015. 05:40 PM | 8 Likes Like |Link to Comment
  • J.C. Penney Still Has Many Underlying Core Issues [View article]
    @Author, how do you fish for customers in a dept. store setting? I disagree that JCP has been bleeding every month. Their holiday sales report was positive. What kind of strategy would u think JCP implement to improve their sales? I thought their changing their vendors and revamping their layouts, plus their discounts coming out is making a difference. I think JCP can head towards $10 soon. GL if you're on board.
    Feb 25, 2015. 04:00 PM | 2 Likes Like |Link to Comment
  • J.C. Penney Still Has Many Underlying Core Issues [View article]
    Port issues seems to be resolved…
    Feb 25, 2015. 03:54 PM | Likes Like |Link to Comment
COMMENTS STATS
1,181 Comments
663 Likes