Value Investing Professional Development Goals for Equity Analysts? |
- Professional Development Goals for Equity Analysts?
- Overstock | Retail Value and Risk Factors
- Why Is Warren Buffett’s Berkshire Hathaway Borrowing in Europe?
- Tech and Antitrust
- Mary Meeker's annual Internet Trends slidedeck - 2019
- Interesting Opportunity: Mammoth Energy $TUSK
| Professional Development Goals for Equity Analysts? Posted: 11 Jun 2019 11:55 AM PDT Hey everyone, I work as an Equity Analyst on the buy side with roughly 5 years of industry experience and the CFA charter. Been in my current role broadly covering Industrials and Materials for about a year. I'm wondering, what goals do other equity/security analysts have for their professional development? For example, I have a couple basic goals of contributing outperformance with my Industrials and Materials picks, getting on more earnings calls, attending more conferences/summits for my sectors, utilizing Bloomberg and Factset more effectively, and expanding my fundamental understanding and analysis capabilities one sub-industry at a time. What sort of goals do you set either on your own or with your employer? Any other thoughts on how your career has progressed in various related roles would also be appreciated! [link] [comments]  |
| Overstock | Retail Value and Risk Factors Posted: 12 Jun 2019 12:11 AM PDT |
| Why Is Warren Buffett’s Berkshire Hathaway Borrowing in Europe? Posted: 11 Jun 2019 03:22 PM PDT |
| Posted: 11 Jun 2019 09:17 AM PDT |
| Mary Meeker's annual Internet Trends slidedeck - 2019 Posted: 11 Jun 2019 09:59 AM PDT |
| Interesting Opportunity: Mammoth Energy $TUSK Posted: 11 Jun 2019 11:25 AM PDT Hi everyone, I posted this in r/investing as well. I'm just looking for more opportunities to share investment ideas, as apposed to just seeing links of news articles. So, I thought I would try it here and see if I could spark more company specific idea sharing. Due to the nature of this opportunity, I think it would be for those with a higher than average risk appetite. Mammoth Energy is a holding company geared almost exclusively toward smaller Oil and Gas (O&G) companies (pretty hated industry at the moment). Management is very focused on strong ROIC acquisitions and is branching out into construction and infrastructure (unrelated to O&G). The stock has been absolutely destroyed. Most likely as a reflection of the industry it's in, but most recently from the situation I'll describe a bit below. THE GOOD PART: One of their subsidiaries is an electrical infrastructure company called Cobra. Cobra's current claim to fame is handling the FEMA contract to rebuild Puerto Rico after their devastating hurricanes. This has been an extremely lucrative contract with which most of the work and reimbursement has already been completed. This deal will represent $2.5 - $3/share in cash EOY according to their earnings call-- not bad for a a $6 stock. On their recent conference call, Mammoth hinted at new infrastructure deals, one of which could be worth $2 billion. THE SCARY PART: The WSJ broke the story that Cobra is being investigated into how the contracts were won and carried out. FEMA and the Puerto Rican electrical company has been chided for their handling of the situation and Cobra is caught in the middle. Mammoth has come out defending Cobra and saying there was oversight during the entire negotiation process and while the work was being completed. After this was announced the stock dropped ~40%, I believe. This seems to be a HUGE over reaction considering how speculative the situation is. Particularly having to do with the unpredictable nature natural disasters. Mammoth is trading extremely cheap and I encourage others to look into the company: A rough P/B estimate (eliminating Goodwill and other trickery) is about 0.4 Enterprise Value/Ebitda = 0.9 I think Cobra makes this an enticing stock on its own, and ANY improvement in O&G would just be icing on the cake. I typed this very quickly, so I apologize for any typos or confusing wording. I DO NOT encourage anyone to blindly follow what I've written, because I'm probably wrong. This is meant to be an introduction to an interesting opportunity to look into further on your own. [link] [comments]  |
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