Author Topic: What are you buying today?  (Read 1391281 times)

Gregmal

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Re: What are you buying today?
« Reply #3830 on: May 23, 2019, 03:48:32 PM »
Got some FRPH at the close. $46.70 Ill take all day


Spekulatius

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Re: What are you buying today?
« Reply #3831 on: May 24, 2019, 06:33:02 AM »
To be a realist, one has to believe in miracles.

rkbabang

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Re: What are you buying today?
« Reply #3832 on: May 24, 2019, 10:40:36 AM »
Me 4 @ $199.66
Rkbabang won.

Fame?  Fortune?

BTW, it traded lower than that yesterday, so someone else somewhere in the world won.


Lance

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Re: What are you buying today?
« Reply #3833 on: May 28, 2019, 11:45:24 AM »
KHC


Thanks
Lance

John Hjorth

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Re: What are you buying today?
« Reply #3834 on: May 28, 2019, 12:35:28 PM »
KHC

Thanks
Lance

Lance,

Years ago,  we both looked at Rosneft ... -Have you looked at it recently?
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

Lance

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Re: What are you buying today?
« Reply #3835 on: May 28, 2019, 01:43:27 PM »
Hi John - I follow Rosneft a bit as I have a large position in BP, but have not looked at it from the perspective of a purchase.  Have you and if so, thoughts?

Regarding Russion oil, I sold Lukoil, but still hold Gazprom. 

Also, I nibbled on AOS and wrote puts on TPR this afternoon.

Thanks
Lance

Viking

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Re: What are you buying today?
« Reply #3836 on: May 28, 2019, 04:49:49 PM »
BRK. Buy below $200 and sell at $208-$210. Rinse and repeat. 1.3xBV = $195. Below $200 looks like good value to me. Especially with its heavy focus on US economy; limited trade war exposure (compared to most large multinational companies).
« Last Edit: May 28, 2019, 06:56:54 PM by Viking »

meiroy

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Re: What are you buying today?
« Reply #3837 on: May 28, 2019, 06:39:08 PM »


Nothing so far during this dip.  I don't see any max pessimism or anything like it.

mjs111

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Re: What are you buying today?
« Reply #3838 on: May 29, 2019, 08:03:10 AM »
I bought more WFC today.

Wells is about 30% undervalued compared to my valuation estimate in the mid to high $60's per share. The company still has a return on equity in the low double digits, has a dividend yield of about 4%, and is buying back about 7% of its shares each year (at great prices), so even if the bank is unable to grow assets for several years (which I don't expect) a new shareholder today should be able to get a low double digit return over time. Success with the CEO search and removal of the asset cap would be upside to that base case. If the stock re-rates to my fair value estimate sometime in the next few years I should be able to capture a return in the high teen or low 20% range.

Mike

gokou3

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Re: What are you buying today?
« Reply #3839 on: May 29, 2019, 09:29:37 AM »
BRK @$199