Value Investing /r/ SecurityAnalysis Discussion & Questions Thread - Week of July 2nd, 2018 |
- /r/ SecurityAnalysis Discussion & Questions Thread - Week of July 2nd, 2018
- JP Morgan - Guide to the markets - 3Q 2018
- Invest in legendary stock picker Bill Ackman at 77 cents on the dollar
- Dell moves to go public, spurns IPO
- Browser maker Opera has filed to go public
- [Thesis] Disney is a buy at current valuation
| /r/ SecurityAnalysis Discussion & Questions Thread - Week of July 2nd, 2018 Posted: 02 Jul 2018 08:40 AM PDT Hey guys - trying something new! As r/securityanalysis has become flooded with questions and discussion posts, the mods have been talking about making a consolidated weekly thread. Essentially if your question/discussion isn't long enough to warrant a post, please put it in here. We will be deleting questions / discussions that don't deserve a post, and encourage you to put them in here. Cheers! Some Question and Discussion Guidelines 1) No "What do you think about AAPL company" 2) Search the subreddit before you ask 3) Some questions are obviously google-able, go there before here first. Cheers! [link] [comments]  |
| JP Morgan - Guide to the markets - 3Q 2018 Posted: 02 Jul 2018 08:09 PM PDT |
| Invest in legendary stock picker Bill Ackman at 77 cents on the dollar Posted: 03 Jul 2018 04:10 AM PDT |
| Dell moves to go public, spurns IPO Posted: 02 Jul 2018 06:48 PM PDT |
| Browser maker Opera has filed to go public Posted: 02 Jul 2018 02:13 PM PDT |
| [Thesis] Disney is a buy at current valuation Posted: 02 Jul 2018 11:07 AM PDT Disney is a great company with shareholder-oriented management. It has great economics with above average returns on capital employed and returns on equity. The stability of these metrics over the years signifies their entrenched competitive advantage (which we all already knew). Their debt is also very manageable with a debt-to-equity ratio of 0.43 this past quarter. In addition, Disney is still continuing their share buyback program of $6bn in 2018 which seems like icing on the cake for shareholders given its current valuation in comparison with the market. There is also growth potential with their streaming service coming down the pipeline, their brand growth in China as signified by the explosive attendance numbers at their new Shanghai Disneyland and the overall growing Chinese box office. Also, the acquisition of FOX's assets will not only add to their already growing market share but will be greater than the sum of the parts when utilized with their new/existing platform(s), distribution systems, theme parks, etc. If I had to guess on why it has been moving sideways, it would be because of fear on this deal not passing or other potential anti-trust regulations. But the speed at which this deal has been going forward with gives it favorable odds that it will pass through. In addition, the passing of the AT&T-Time Warner deal is also a major sign that the courts will also be lax with consolidation in the media industry as well. Looking at their average EBIT/EV of 8.1% over the past year, along with the factors mentioned above, there's a sufficient margin of safety over any conservative risk-free rate you might choose (whether the deal passes through or not). And if the deal does not pass, it will be an even better buying opportunity from the inevitable overreaction. All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. Please do your own research. [link] [comments]  |
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