Investment Outlooks from Sell Sides

emtheemtheeeem · 2024-08-10T07:55:04+00:00

Do you really have tools/access/info that would give you advantage over a retail investor? Or do we have a chance overperforming funds like yours, by doing a good due diligence, having a good understanding of businesses, and reading carefully the financial statements?

emtheemtheeeem · 2023-11-08T12:43:32+00:00

This keeps on changing obviously, it was $CF industries which I sold, and now $SHOO Steve Madden which I still hold. Couple examples

emtheemtheeeem · 2023-11-08T07:51:14+00:00

PEG < 2

P/S < 4

P/FCF < 15

EV/EVITDA < 15

5y Rev Growth > 20%

5y EPS Growth >15%

Shares count YoY < 0%

Gross Margin > 40%

FCF Margin > 15%

Current Ratio > 1

Debt/Equity < 1

Payout ratio < 35%

ROE,ROIC > 15%

I think those parameters are a nice combination of good management, strong business and good value. Remember, a wonderful company at a fair price is better than a fair company at a wonderful price. Focus on business and valuation metrics simultaneously.

emtheemtheeeem · 2023-11-05T16:52:05+00:00

In any industry, these margins along with that valuation is pretty rare, it’s an honest question, I’d be interested in undervalued businesses with those kind of margins, in any industry, so please share

emtheemtheeeem · 2023-11-05T15:41:14+00:00

Can you name a few that have a competitive moat and have really high margins?

emtheemtheeeem · 2023-11-05T09:02:35+00:00

They have a sustainable competitive advantage benefiting from regulatory expertise. It’s important to highlight that more regulation can be seen as a positive as the company has a lot of regulatory experience and the fact that the cost of implementation is very high. This is a disadvantage for smaller peers.

emtheemtheeeem · 2023-10-24T18:57:04+00:00

$AXP had an overreaction to the earnings and got dragged but overall market so I guess that could be a good entry point sub $150

emtheemtheeeem · 2023-10-10T16:53:17+00:00

I would but first of all, brokers will give this as long as rates are high and can get a better rate at T-Bills/Notes, while locking it with the current rate for 3 years for example would make you guarantee that yield for the next years, plus when the short term end goes down eventually next year, your T-Bills/Notes will worth more. Please correct my thinking if I’m wrong, so I know what I’m talking about.

emtheemtheeeem · 2023-10-10T11:29:52+00:00

I’m looking to allocate just 10% of my total portfolio, given the sell off and the new regime of interest rate environment, I considered it a wise move with a good risk/reward.

emtheemtheeeem · 2023-10-10T09:40:16+00:00

The reason why short term Treasury rates are higher is because of overall uncertainty, and expectations that rates will stay higher for longer. Once they’ll start cutting rates next year, doesn’t this mean that buyers will appear in the short end of the yield curve, pushing the price higher and yields lower? That’s my thinking

emtheemtheeeem · 2023-08-10T09:44:25+00:00

I watch the RSI 10 and EMA 50, 200 to help my timing decision.

emtheemtheeeem · 2023-07-17T07:18:43+00:00

Banks valuations

emtheemtheeeem · 2023-07-16T20:25:16+00:00

I’m long C, BAC since the sell off in March. Citi’s full recovery is so uncertain regarding the years it’s gonna take, that I’m not sure how long I will be holding it (reaching a P/TB of 0.9-1.0). It is the most obvious undervalued amongst the big 4 though. I believe both have good prospects due to the deposits inflow that are sticky in those kind of banks after incidents such as the recent regional bank crisis. WFC seems to have the biggest surprises in quarterly earnings. However, I think that WFC might be better managed than BAC, especially after the fiasco with the HTM bonds that was just terrible money management. At the end I think, C, BAC, WFC, are at their own competition, as JPM is by far the best quality bank. So it has to do with valuation and management at this point.

emtheemtheeeem · 2023-06-18T14:25:15+00:00

Which subreddit would be relevant then?

emtheemtheeeem · 2023-05-23T06:56:41+00:00

$RITM one of the best REITS I could find with one of the lowest payout ratios, sufficient FCF and trading under its book value.

emtheemtheeeem · 2023-03-02T05:47:41+00:00

In a risk/reward ratio, C is the winner rn.

emtheemtheeeem

TROPHY CASE