SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Strategies & Market TrendsValue Investing


Previous 10 Next 10 
To: Paul Senior who wrote (21044)4/5/2005 12:59:59 AM
From: Brinks
   of 70893
 
Paul

Right you are they spun off:

Three-Five Systems Completes Brillian Spinoff
Tuesday, September 16, 2003

TEMPE, Ariz., Sept. 16 -- Three-Five Systems Inc. (TFS) announced it has completed the spinoff of its subsidiary, Brillian Corp., by means of a special dividend distributed to stockholders yesterday. The Brillian common stock was expected to begin trading on Nasdaq as "BRLC" today.

TFS and Brillian will each continue to maintain corporate headquarters in the Tempe, Ariz., facility owned by TFS that also houses Brillian's high-volume microdisplay manufacturing operations. Brillian also maintains its Personal Display Systems Group in Boulder, Colo. Neither company is expected to relocate facilities or personnel or to reduce staff as a result of the spinoff.

You had to sell this one off quickly to realize max value:

finance.yahoo.com

Paul you have to be in the money on Storm Cat. I always remove cost upon a double and hold "free" shares forever. You should consider same.

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: Brinks who wrote (21046)4/5/2005 1:27:30 AM
From: Paul Senior
   of 70893
 
delete

Share RecommendKeepReplyMark as Last Read


To: Brinks who wrote (21046)4/5/2005 1:27:49 AM
From: Paul Senior
   of 70893
 
Brinks: selling tactic:

regarding, "I always remove cost upon a double and hold "free" shares forever."

Yes, this can be a really good idea. Especially if & when one is in the fortunate position of having a stock move up many times original price. In one sense, you don't have to worry about what point to start to take profits, because every point is profit after you've got your cost out. Makes it easier to ride 'em up. Well, imo.

Selling 1/2 after a double just seems too pat for me though. My idea is to buy undervalued and sell only near full value or fair value. I don't want to use arbitrary sell rules to reduce my position to protect profits when the stock is still undervalued. My problem though is that I quite often misjudge what fair or full value is - I just seem to hold on too long. And so maybe I should be selling to get my cost out if my tendency is to ride 'em too long.

I'm just not consistent or logical sometimes. For example, sold 1/2 of my EGR position when it popped, but still holding all shares of TPE:

Message 20874002

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: gcrispin who wrote (20912)4/5/2005 8:27:40 AM
From: gcrispin
   of 70893
 
Another interesting article about IMOS.

marketwatch.com

Share RecommendKeepReplyMark as Last Read


To: Lazarus who wrote (20303)4/5/2005 9:05:39 AM
From: Suma
   of 70893
 
Lazarus:

Still watching your TCOW that you posted. If you have the luck of the Irish keep posting those babies and maybe some of us will make some $ is we buy..

Thanks for update .

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Paul Senior who wrote (21045)4/5/2005 10:27:10 AM
From: Dale Baker
   of 70893
 
What if I am a figment of my own imagination? That would be quite a conundrum.....

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Dale Baker who wrote (21051)4/5/2005 10:45:55 AM
From: Carl Worth
   of 70893
 
at least that would show you are creative, a good characteristic to have in these markets <g>

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Carl Worth who wrote (21052)4/5/2005 10:47:16 AM
From: Dale Baker
   of 70893
 
Hell, if reality equates to my imagination, that private island in the Caribbean is just one fantasy away. Outstanding!

LOL

Share RecommendKeepReplyMark as Last Read


To: Paul Senior who wrote (21048)4/5/2005 11:25:25 AM
From: Brinks
   of 70893
 
Paul

I'm not talking about Graham value plays for selling 1/2 on doubles but high risk junior energy plays like Storm Cat, AOGI, TPE, etc. As you pointed out how can one determine a true value of Storm Cat at any point in time? You can't.

I have about seven of these now. It only makes sense to follow this program. Also at times you can later reload position should it come back down. If one owns a "free" position in a high risk situation you can be very relaxed about price flucuations. In fact, I find myself cheering for a decline so I can reload.

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


From: James Perry4/5/2005 2:18:38 PM
   of 70893
 
I can name 3 stocks that I think are well worth DD study by a value oriented group.
First is PowerCold (PWCL). To get a real feel for the company you need to read a lot of 10Ks filed in past years. They do air conditioning and for several years, bankruptcy seemed a certainty. Officers worked without pay, except options. Debts paid with stock. And several times, when things got too tight, the CEO and major shareholder would add enough money to keep it running just a little longer. And during that time they bought and merged with other little companies, to gain technology. They have put together a commercial cooling plant that just outclasses the competition, and in recent years have grown. My memory may err, but revenue has run on the order of 300k, 1.3MM, 3MM, 4.5MM (annual) and just announced for the current year, 9MM. This year they showed up with a large bad debt increase - a general contractor building a large hotel in which they provided a/c went belly up...most of that will be collected, ultimately, for the hotel is being operated. At this point they have a very efficient chiller (outstandly so) and use DuPont Caltrel plastic to make their coils and cooling fins. They control air quality by use of humidifiers, dehumidifiers, swamp coolers, etc and build a self contained unit with a tank to hold the liquid which keeps recirculating for cooling. Also uses generators as part of the unit to supply energy during the portion of the day when electric prices peak. Their customers include quite a few chains, such as Hilton Hotels, Applebees, Burger King, Eckerts drugs, etc. Stock is $1.70, and I believe 3 years will produce large growth.
Second - and some may disagree that this is a value stock - is FX Energy (FXEN). Has 1.8 million acres under lease in the Permiam Basin of Poland, with interest from 24.75 to 100%, but mostly 49%. Drilling for gas. Has just put down a second well which is flowing commercial quantities of gas, but holding development of the well to determine the extent of the gas field they have hit. A third well will soon be completed and step off to establish a boundary, and a 250KM 2d seismic study is being made of the underground ridge that acts as another boundary. Careful DD on this one will reveal lots of hints that this is a big find that has been made by this little company. I am told that CalEnergy is in the tier of companies owned by Warren Buffett. FXEN sold 1/2 their interest in 15,000 acres to CalEnergy for $10MM, and when a well there hit a commercial flow of gas, they seem to have bought the remainder of that well and 1/2 interest in about 25,000 more acres for enough MM to cover the cost of all the drilling FXEN is required to do to "pay for" the rights granted to them in a huge segment of land where all this is taking place.
Third: I like a company called Sometics (SMTS). They measure the oxygenation of the blood going to the brain during surgery in order that a doctor may be warned if for some reason the oxygen is reduced and the patient put at risk. That seems to me to likely become a "standard of care". They sell both the machines ($25000) and one time use pads ($100). Has 8 years of double digit revenue growth, most recently 40% growth, next year predicted 45% growth, after increasing product price 22% and decreasing manufacturing cost 40%. Has a p/e of 17. The market today finds biotech unexciting, and I think this stock will have to await excitement to reflect a value which is more reasonable.
I own each of these stocks.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10