Value Investing A Few Charts and A Few Thoughts |
- A Few Charts and A Few Thoughts
- Jeffrey Gundlach is still bearish (Full) 2018 12 17
- “You Can’t Out-Lloyd Lloyd”: At Goldman Sachs, the David Solomon Era Begins with Subtle but Significant Changes
- BBBY - Value Trap?
- Thought on the sustainability/survivability of mREITs in the next few years.
| A Few Charts and A Few Thoughts Posted: 23 Dec 2018 12:44 AM PST |
| Jeffrey Gundlach is still bearish (Full) 2018 12 17 Posted: 22 Dec 2018 12:21 PM PST |
| Posted: 22 Dec 2018 05:07 AM PST |
| Posted: 22 Dec 2018 12:14 PM PST Hey everyone, The recent market movements are enticing me to move my portfolio more aggressively. I've been looking at Bed, Bath, and Beyond stock for a couple of months now and at $10 it looks pretty cheap. I'm concerned about a value trap though because it has an old fashioned business model and unlikely to compete with online retailers; in the very long term (10 to 15+ years) I'm not sure I see the business as a going concern. Their margins are tightening drastically, the top line is stagnate but at ~7X normalized earnings and about 4X trailing, a history of distributions to shareholders and book value below market makes this look attractive. They are still very FCF positve, the debt isn't out of control and recently has had ~5X interest coverage ratio. I wold be concerned about an inventory write down but to be honest I've never stepped foot inside one of their stores so I don't know about that. If you give them a conservative $2 EPS and below average sentiment ~5-10X P/E the stock looks pretty attractive. What are your opinions on this? What am I missing? Appreciate any feedback! [link] [comments]  |
| Thought on the sustainability/survivability of mREITs in the next few years. Posted: 22 Dec 2018 03:06 PM PST MREITs such as NLY and AGNC have maintained 12%+ dividend within the past 5 to 6 years as interest rates have been very low. This allowed them to provide massive dividend payouts with very little movement. For example NLY is approximately the same price as it was 6 year ago and by holding would gave provided an average of 13% ROI annually with reinvestment. Additionally NLY has never missed a payout even during the housing crisis IIRC. What is everyone's thoughts of the sustainability and the survivability of mREITs during the next few years as interest rates? Apparently JPM just upgraded AGNC to overweight I'm a but confused as to why JPM would have such high hopes for a company in an industry with so many potential problems in the near future. Additionally companies like NLY and and AGNC haven't been affected by the recent volitility which is something to be said. [link] [comments]  |
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