EZPW Price Target at $16.91 with some upside
As I continue to hold EZPW in my portfolio with positive alpha, I want to set a price target for the stock to help me identify when the position should be closed. Using the value scorecard as a start, I use a discounted cash flow (DCF) analysis with sensitivity charts to help set my price [...]
AutoZone’s Cash Conversion Cycle, a competitive advantage?
After reviewing the recent Advance Auto Parts (AAP) financial results that were released on November 11th, I was impressed by the same store sales growth of 4.7% that AAP was able to capture within this economy. With a quick scan, AAP competes in many aspects of my value scorecard and I will continue to evaluate this firm as a [...]
Bare Escentuals, Inc Covered Call Results
In bowling it is called a turkey, that is right I have beat the S&P 500 3 times in a row through my trades. The most recent strike that I bowled was the Covered Call trade on Bare Escentuals, initiated back on Sept 23rd, 2009.
The October 16th expiration date has come and passed on this strategy [...]
Major Indices Returns since September 11th, 2001
As one of the famous Buffettism’s goes ” Buy when everyone is fearful, sell when everyone is greedy”, I decided to see if this held true in the face of the fear of the tragic September 11th attacks. Looking back to the 8 years and everything the world markets have endured, none of the major indices [...]
Comments on recent TRLG earnings report
Now that the 10-k has been published for True Religion and to respond to the comment that Karen left on my last post, here are my high level thoughts on True Religion (TRLG).
Here are the positive items about the recent TRLG earnings announcement:
- Continue to exhibit accelerating revenue growth in the retail industry
- Margin improvement due to direct channel [...]
Details of GM’s cash lifeline
Following up from my GM Cash post, General Motors (GM) recently published an abbreviated set of finacials to the public which provided clarity around the liquidity of the firm.
The filing confirmed that the company has entered into a loan arrangement with the US Department of Treasury for $13.4 Billion in three installments. As of Dec 2008, the [...]
How long can GM last without a lifeline?
As a follow-up from my last poston the cash position of the DJIA 30, I was interested in understanding how long can General Motors (GM) last as the company seeks a government bailout. So what I did where a few “back of the envelope” calculations within a few scenarios. In summary, the average date across 6 [...]
