Strategies & Market Trends | Fundamental Value Investing


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To: bruwin who wrote (1685)12/11/2011 8:52:14 AM
From: ValueGuy   of 3044
 
Hey Bruwin

How's it going? Saw this message and had to say something!

Man! Have not checked SI for months now as I have been concentrating on other things. My exposure to US stocks (and stocks in general) are pretty miniscule compared to my entire portfolio but I am always on the hunt for a true bargain!

Looks like EBIX hit bottom and bounced huh? Shame really, must keep my on this one again. Since its "run-up" from $16 not sure if I want to dip my toe in again...too much uncertainty out there in general.

How has your portfolio fared these past few weeks?

I've shrank my US stock portfolio so much that I am only invested in 2 stocks - MHR and AXAS. Great volatility on these stocks mean that I am able to collect a yield from selling puts while I wait for the whole market to decide on a trajectory...but this is a small consolation...

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To: ValueGuy who wrote (1693)12/12/2011 1:31:52 PM
From: bruwin1 Recommendation   of 3044
 
Welcome back to the SI boards Faizul. Good to see you again. I see it’s been about 4 months since you last posted.

Yes, EBIX seems to have bounced back somewhat. It currently seems to have found support at about $20 and is trading between $20 and $22. Should it fall back $2 or $3 below its current support level then it could be a buy, if nothing negative appears within its fundamentals and there’s no loss making statement.
Of course, one wouldn’t want the general market to suddenly incur a major dip due international crises!! But I guess that’s the risk one must be prepared to take, but preferably with not too much of one’s capital!

My own portfolio is virtually non-existent at the moment as I’m primarily in cash. Stocks are currently not being evaluated on relevant fundamentals. When the market shows a decline on any one day, then virtually every stock falls. Conversely, when the market gains 2% or 3% then the majority of stocks go up. So what we have is a Trading market as opposed to a Trending one.
In addition we also don’t know whether or not the market has bottomed or not.

Some have been buying because, according to their criteria, some good companies are cheap. And that may indeed be the case at the current time. But what worries me is that there’s so much uncertainty out there, on a Global scale, that what’s cheap today may be very much cheaper tomorrow. And it may stay that way for quite a while.

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From: bruwin12/14/2011 2:41:54 PM
   of 3044
 
Bad news for VALE ....

"The 361 meter long, 404,389 dwt dry bulk carrier Vale Beijing suffered water ingress while loading iron ore at Ponta da Madeira, Brazil. The VLOC (Very Large Ore Carrier) suffered multiple cracks in it’s ballast tanks. The cracks have allowed water to flood into the No. 7 hold.
The Vale Beijing was scheduled to load 384,000 tons of iron ore but stopped when after 200,000 tons had been loaded. The vessel is to be pulled out of service for repairs. The Vale Beijing just started service on September 27, 2011 as the largest ore carrier afloat.
The Vale Beijing, classified as Valemax, is nearly twice the size of a typical capsize vessel that carries iron ore from Brazil to China. One report states the cause of the hull cracks may be the result of poor quality in the construction of the vessel. Reports state if the vessel would sink, it could delay further shipments of iron ore from the port."

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To: bruwin who wrote (1694)12/14/2011 2:52:10 PM
From: bruwin   of 3044
 
.... and here we have it again !!!

DOW, NASDAQ and S&P500 all currently Down over 1%, and each of the following 10 Buffett stocks that I track ....

COST, GCI, GSK, IR, JNJ, KP, PG, SNY, UPS and USG

... are All currently Down for the day.

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To: bruwin who wrote (1696)12/14/2011 3:07:06 PM
From: E_K_S   of 3044
 
Hi Bruwin -

I now track Buffet's entire public portfolio (33 positions). 7 are currently positive (GE, TMK, MTB, V, WFC, USB, WMT). Also track the Aristocrat dividend payers (22 stocks). Four are positive (HCP, CLX,MKC,WMT).

It is interesting to watch the Buffet positions as he tends to have a pretty diversified portfolio.

EKS

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From: bruwin12/23/2011 10:42:33 AM
1 Recommendation   of 3044
 
To All those who read this and celebrate the festivity of Christmas, I wish you a Most Blessed Christmas and a Very Prosperous and Completely Fulfilled 2012 !!!

bruwin

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From: bruwin12/27/2011 6:24:43 AM
   of 3044
 
It seems that there are those who have their doubts about the future or "sovereignty" of the Euro and its membership.

Pierre Denis, from Ecully, France, had the following to say in his letter to TIME ....

"The euro crisis is not surprising. A common currency without common government can't work. Those who created the euro were perfectly aware of it, but they intended to force the peoples of Europe into a federation.
The euro is an ideological construction, not an economic one.
And unlike the U.S., Europe is not a nation. It would be better to go back to national currencies."

.... and Dennis Brinkeback from Stockholm seemed to be of similar mind ....

"Michael Schuman wrote that, 'Europeans will have to make the fateful choice between national sovereignty and the euro's well being.'
The choice is easy: sovereignty and democracy are far more important than saving the euro."

We have seen England, a country close to its European neighbours, make the decision, a long time ago, to retain both its own currency and sovereignty. Despite that, its current leadership is prepared to work with those across the Channel, provided that it is in the best interests of Britain.
It will be interesting to see how England's future economic performance compares with that of its Euro neighbours.

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From: E_K_S12/28/2011 10:35:23 AM
   of 3044
 
Eight Of Buffett's Ten Biggest Holdings Up For 2011
gurufocus.com 

While Berkshire Hathaway ( BRK.A)( BRK.B) stock is down over five percent as the year draws to a close, most of Warren Buffett’s top holdings in his investment portfolio have delivered a positive return year to date. In a year clouded by scandal, natural disasters and market volatility, Buffett’s addiction to high-quality, large-cap stocks paid off. Eight of his 10 largest holdings have gone up year to date, while the only two banks in his top 10, Wells Fargo ( WFC) and US Bancorp ( USB), are down. His best performing stocks in 2011 are: IBM Corp. ( IBM), Moody’s ( MCO), Kraft ( KFT) and GlaxoSmithKline ( GSK).


================================


EKS

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To: E_K_S who wrote (1700)12/28/2011 12:40:22 PM
From: bruwin   of 3044
 
Yes, indeed, as you said, "Buffett’s addiction to high-quality, large-cap stocks paid off."

My selection of 10 of his stocks have shown an overall gain, at their last Close, of about 8% in the 3 months since the end of September 2011 ....


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From: Dr_of_Microcaps1/9/2012 11:43:04 AM
   of 3044
 
finance.yahoo.com 

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