Browsing All posts tagged under »Stocks«

Clarkson plc: Cash Machine

July 4, 2011

7

Listed on the London Stock Exchange (LON:CKN) Clarkson plc, recently covered by Valuhunteruk, describes itself as: Clarksons are the world’s leading provider of integrated shipping services, bringing our connections and experience to an international client base. We play a vital intermediary role between shipowners and ship charterers across every sector of maritime trade. Our network of […]

Robert Wiseman Dairies

June 7, 2011

9

Well-done to all the readers who correctly identified the mystery company discussed earlier this week was indeed Robert Wiseman Dairies plc.  Unfortunately, no prizes are on offer, but with this post I do include a much more detailed analysis of the business. Robert Wiseman owns and operates seven major milk processing dairies in the United […]

Misunderstanding Enterprise Value: The Economist & Financial Times Edition

June 6, 2011

0

From the Lex column (“Renault: carmaker is running on empty“) in the Financial Times on 31st May 2011: Subtract the market value of Renault’s stakes in Nissan, Avtovaz of Russia, Daimler and Volvo, and the stub value of the French carmaker is negative: minus €15 a share. From the Economist (“Renault’s woes“) on 4th June […]

Liberty Global Break-Up Value

June 2, 2011

3

I’ve written previously on the investment attractions of Liberty Global Inc (here and here), but in this post I’ve decided to tackle the issue of valuation from a slightly different angle by attempting to calculate what the individual parts of the business would be worth in the event it was broken up.  The table below […]

Would You Buy Shares in this Mystery Company?

May 31, 2011

5

I’ve found a stock that appears to tick many of the boxes that might appear on Warren Buffett‘s pre-investment checklist.  I’ve included the below a list of the company’s key operating and financial characteristics.  I’d be interested to know: does this information make you want to buy the stock (or at least get more information); […]

Tweedy, Browne 1Q11 Investor Letter

May 22, 2011

1

As I’ve written before, one good way of finding good investment ideas is to plagiarise those of others.  My attention was brought to recent investment Expedia via Glenview Capital and before that to SINA by Eric Jackson.  My attention has recently been caught by the 1Q11 investor letter published by Tweedy, Browne, Inc, which I […]

JP Morgan’s Favourite European Mid-Cap Equity Ideas

May 17, 2011

2

Given that the bulk of my equity investments are in US-listed companies, I’ve become a little conscious that I might be neglecting good investment ideas in companies that operate a little closer to home.  So, in order to start the process of looking for new ideas in Europe, I’ve got my hands on a copy […]