Fundamental Analysis » 2008 » Julio

Fundamental Analysis
Fundamental Analisis on time

RSS | Visita nuestra web

French Utility companies Suez and Gaz De France (GAZ.PA) Merge Creating Europe’s 2nd Largest Electricity and Gas Group

French Utility Companies Suez (formerly SZEZY) and Gaz De France (GAZ.PA in France) have merged to form Europe’s 2nd largest Electricity and Gas Group. French Nuclear Power Group EDF (EDF.PA) is the first.

The new company is GDF Suez (GDFZY.pk is the United States ADR).

Suez had been known as a good French Utility with good exposure to Water and Waste Management. However, the merger agreement…
Original Source: techfarm.blogspot.com

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 23:50

CNBC’s Blah! Blah!

…
Original Source: www.valuestockplus.net

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 23:38

Great West Lifeco Deserves A Look From Dividend Investors

Insurance and wealth-management company Great-West Lifeco Inc. recently reported that its second-quarter profit more than doubled due to a large gain connected to the sale of its U.S. health care business.
Even without the gain, Great-West’s results exceeded expectations set by the street. Most importantly for us dividend growth investors, Great West Lifeco managed to raise its dividend by 5 per cent to 30.75 cents a share in spite of a tough financial environment. The inherent profitability, due to more conservative and principal guaranteed investments, is one of the reasons that I was touting insurance companies back at the beginning of the “Bank meltdown”.
…
Original Source: dividendmoney.com

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 19:29

Reader Email: "I Don’t Think I Would Find Them on My Own"

I received this email yesterday:John,

I’ve been a off and on regular at your site for the past couple of years
and wanted to let you know that I appreciate all the articles and links you
provide your readers. I don’t think I would find them on my own. Today when I
went to your site and linked through to the article on Prem Watsa (who I am a
real fan of), I thought it was about time to send to a small contribution, so I
clicked on the Paypal button and did!…
Original Source: www.controlledgreed.com

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 19:26

Visa (V) Rings Up Very Good Earnings - Should Bode Well for Mastercard (MA)

We don’t own Visa (V), but we do have Mastercard (MA) which reports tomorrow. I’ll repeat every quarter people do not realize the international opportunities these 2 companies have. Visa was very solid tonightVisa Inc.’s profit rose a better-than-expected 41 percent in the most recent quarter, as more money changed hands using its credit and debit cards — particularly outside the United States….
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 16:30

Whitney (The Woman Who Called The Crash) is a Off Base!

Wow, to watch Fast Money one last time I decided to flip to CNBC, and what happened? Whitney talked with Maria… Wow, my two favourite ladies (NOT!) I am SO GLAD I watched Bloomberg… Objective information and not drivel…
So Maria asked her, “what do you think of these shorting rules?”
Her reply, “You need the ability […]
…
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 14:00

First Solar (FSLR) - You Can’t Stop Them; You can Only Hope to Contain Them

Another fantastic result from First Solar (FSLR)… they keep justifying their sky high valuation [Jun 17: Energy Conversion Devices Now Trades at Par with First Solar] This is one of the few names in the space not constrained by the polysilicon …
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 13:13

Signs of Hope? Bueller?

Financials Up. Oil and the Commodities Up.On the same day.That’s new.A handful of stocks I like, instead of falling back from support, are breaking through. Also positive.Also with 10 minutes to go we have a chance to close over S&P 1280. Also positive.I’ve cut back short exposure materially here in the past 30 minutes. Still heavy cash but if we can continue I might actually be buying something tomorrow … and with a “better than expected” GDP “in the bag” tomorrow that might be the rocket fuel (i.e. Kool Aid) the market needs. Friday is a complete wildcard - if there is a bad number and the market rallies you know it is happy time. It’s not the news; its the reaction to the news….
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 12:47

Bookkeeping: Cutting Some Goodrich Petroleum (GDP)

With natural gas stock Goodrich Petroleum (GDP) up 16% I am going to let some go here at $51 for a loss. So oil is up $3 and these stocks now rule; whereas yesterday’s favorites the airlines are demolished. More day to day lunacy.I am cutting it back from 1.6% of fund to 0.8%.Normally I’d say something about fundamentals or technicals but none of it matters anymore. If crude goes up this stock goes up. If not, it goes down. It’s as simple as that. So if someone could flip a coin and tell me what oil will do tomorrow I’ll have a good idea if this will be a bad sell or a good one. Since my crystal ball is broken - I’m cutting some exposure back….
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 11:50

Silver Wheaton: Still waiting for the growth

Silver Wheaton (SLW: 13.21 -0.75 -5.37%) has released their 2nd quarter results and they look a lot like the first quarter, flat earnings! When I wrote about the Q1 results I noted the company had been level at 9¢ to 11¢ per share earnings for several quarters and this quarter they made a field goal at 10¢ per share.
…
Original Source: timplaehn.com

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 11:30

Are You Struggling?

So today oil is up $3 so it’s time to pile into all the same stocks that have been hated for weeks. And then in 2 days when oil is down it’s time to sell them all? Is it really that simple to the hedge fund computers? Is that all the market has become? It seems so.If you are struggling in the market don’t feel too bad - I keep saying this is a market lacking in any serious logic and very little works for extended periods of times. Many, many (and I mean many) sites/writers I’ve been reading for years (including the bear of 2000-2002) have similar words to Robert M…
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 10:56

Bookkeeping: Cutting Ctrip.com (CTRP) on its Mysterious Rise

Chinese online travel stock Ctrip.com (CTRP) is acting strange today - it’s suddenly shot like a rocket up nearly 9%. In a bull market I’d say “someone knows something” and is getting in ahead of an official announcement. In this market I simply say “thank you, I’m cutting back”. This chart should look very familiar - its the same chart across a multitude of names I’ve cut back into on any stock surge. Broken down stock, revisiting a resistance area….
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 9:43

Potential Portfolio Idea - Exactech (EXAC)

As I wrote in this weekend’s summary, after a good 11 months to start the fund’s life, we’ve been disemboweled in the month of July, so I wasted a nice Michigan weekend (they are rare, trust me) scrounging through the underbrush to find ideas that ARE working in this environment. There must be something working. By “working” I mean down less than 15% in the past 2 months (it’s all relative). And further - trying to avoid names the hedge funds won’t ruin - which means smaller than our normal fare. I found a few ideas but the smaller you go the more risk (and potential reward) you have. Two of the companies I found report tonight and since I am risk averse I won’t buy ahead of earnings but the first I am interested in (I’ve actually had this on a watch list for a few months but have not had time to research it until I got peeved with the rest of the portfolio this weekend) is $350M market cap …
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 9:05

Apple Inc (AAPL): Are Investors Overlooking Cash Earnings?

Apple Inc (nasd:AAPL) $157.08: I believe investors have become overly fixated on Apple’s expected accounting income, while ignoring Apple’s impressive free cash flow generating ability. Free cash flow, not earnings reported in the accounting statements, determines the true value of a firm. AAPL’s high margins coupled with minimal capital investment needs, enables it to produce robust free cash flow. Another issue is the iPhone accounting treatment, which conceals the true magnitude of its cash generation. According to my estimations, the 3G model’s cash flow per unit is higher than its predecessor. In addition, Apple receives these cash flows much sooner compared to the old model. Not only will Apple sell many more 3G models, the per-unit impact on cash earnings will be much greater. Therefore, when shifting focus to cash earnings, as opposed to accounting earnings, AAPL looks attractive at current levels….
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 8:37

I Am Tired of CNBC America…

I am tired of Cramer… I am tired of Fast Money… I am tired of the drivel called CNBC America… CNBC America you just converted me to Bloomberg TV. CNBC Europe I still like for the most part. CNBC America has jumped the shark.

CNBC America has turned into a sort of show that is […]

…
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 7:46

The Early Bird Catches the Worm– FORTERRA ENVIRONMENTAL CORP

Times are tough, but as the saying goes, when the going gets tough, the tough gets … tougher … or something like that. With Fannie Mae and Freddie Mac joining the socialist club of America, getting bailed out by the wonderful tax payers of the USA (courtesy of a backroom, undemocratic process - thanks!) well, makes you think: “how can it get worse?” We are in a time when conventional investment strategies such as the infamous buy and hold are not effective. With such insane volatility in the market, it’s really all about the trade. The Inspector’s take is to trade around a long-term position. Do not pass up on all the ample opportunity of crazy ups and downs. …
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 7:27

Cummins Engine (CMI) Continues to Quietly Execute

Cummins Engine (CMI) has been beaten down with the rest due to its subprime (err, that’s not it)… due to its natural gas (err, that’s not it)… well I don’t really know why other than it opens on the stock exchange every day and hence should be sold. I continue to like this long term story, and earnings continue to shine through. The is a prototypical stock we want to own as it increasingly avoids America - overseas exposure continues to be very under estimated by the investing community. The stock is up 10% this AM….
Original Source:

30 Julio, 2008| Fundamental Analysis | Comments (0) @ 6:47

Federal Reserve Continues Its Historic Actions

Not a surprise but the Federal Reserve is going to continue its corporate welfare - i.e. “exchange the banks junk for US Treasuries” program, and is now adding very long term loans (3 months instead of 1 month) for the commercial banks. So we continue to exchange lower grade mortgages, a…
Original Source: