Fairly Valued Auto Parts Stock

October 18, 2012 | Read Now

Written by Jae Jun follow me on Facebook Twitter Recently, I’ve been playing around with the idea of how to […]

52 Techniques for Finding Fraud

October 16, 2012 | Read Now

Written by Jae Jun follow me on Facebook Twitter I was going through my notes and found these notes which […]

Spin Off Opportunity with Kraft Foods Group?

October 3, 2012 | Read Now

If you are unfamiliar with spin offs, you are not the only one. Spin offs fall into the category of […]

Radioshack’s Business Model is to Sell Mobile Phones

July 20, 2012 | Read Now

Radioshack continues to get cheaper and and cheaper, but in the case of RSH, whether there is actual value is a different story.
Consider this.
Radioshack has seen most of the growth in its business coming from sales of prepaid and postpaid mobile phone and receiving a commission from sales.

A Case Study of RIMM’s Balance Sheet Troubles

July 2, 2012 | Read Now

Saying RIMM is having a tough time is an understatement. If things continue the way it is, RIMM just may end up just like Eastman Kodak. NOK may be in a slightly better position because of the partnership with Microsoft and the adoption of Windows but still behind Android and iOS. The industry is cut throat and RIMM’s lack of innovation is adding to its own downfall. In any industry, it is usually dominated by a number one and number two. From numbers three, four and onwards, it’s a death battle and RIMM has found itself in this situation.

TARO Shares are Mispriced Compared to Competitor

May 9, 2012 | Read Now

Company A has higher Operating margin, higher 3-year Sales growth rate, higher 3-year EBIDTA growth rate and better ROE.
Company A has a better balance sheet with significantly lower debt and lower leverage ratio compared to company B, giving company A significant flexibility to take on debt and grow by acquisitions.
Yet, incredibly, company B trades anywhere between 2 to 2.9 times the market multiple (Enterprise Multiple/EBIDTA) that company A trades at. Company B is also into Nutritionals, API and is a bigger player in OTC.

Stunning Growth but Questionable Management

April 9, 2012 | Read Now

Obesity in USA has increased dramatically. USA is the most obese country in the world by a large margin and there is a long way to go before this fact changes.

30.6% of the USA population is obese, with Mexico coming a distant second at 24.2%. If you include Americans falling into the overweight category, 70% of the population fall into this category.

My 3 “Best” Ideas

April 3, 2012 | Read Now

I’m not Buffett, and I’m not ready to put 75% of my portfolio into a single idea, but I do consider myself to be highly concentrated. A very volatile portfolio which most people cannot stomach.

I have 50% of my portfolio in 3 positions. This is the latest sizing after the big run up we have had this year.

40% Upside on Corning (GLW) – Part 2

March 21, 2012 | Read Now

This is the second part of the investment report on Corning Inc (GLW). So far, you have seen Corning go against the test of Philip Fisher’s 15 Scuttlebutt questions, followed by a more intensive look at the business and operations. This 3rd piece looks at the valuation, the risks and catalyst to see whether GLW can go up 40% from here to match its intrinsic value.

Fisher asks 15 Scuttlebutt Questions to Corning

March 12, 2012 | Read Now

In Philip Fisher’s book Common Stocks and Uncommon Profits , he goes through 15 points to look for in a stock in order to understand it as much as possible.
Most, if not all, the questions are qualitative which requires in depth digging. The internet has changed the way information is gathered and scoured, but Fisher would do things like stand outside the building of his investment company and ask employees questions or look at the furniture to see whether management is lavishly spending money.

Ready to try Old School Value?