Author Topic: NWL - Newell Brands Inc  (Read 1704 times)

woltac

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NWL - Newell Brands Inc
« on: January 29, 2018, 08:23:08 PM »
https://seekingalpha.com/article/4140864-buy-drop-newell-brands

At one times book and under 10 times EPS, it looks interesting, but is this one a falling knife?  The debt load is a bit scary.  I am a little gun shy after taking a hit on TEVA. 

Still looking at it.

Has anyone else on the board looked at Newell recently?


DooDiligence

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Re: NWL - Newell Brands Inc
« Reply #1 on: January 30, 2018, 04:16:36 AM »
https://seekingalpha.com/article/4140864-buy-drop-newell-brands

At one times book and under 10 times EPS, it looks interesting, but is this one a falling knife?  The debt load is a bit scary.  I am a little gun shy after taking a hit on TEVA. 

Still looking at it.

Has anyone else on the board looked at Newell recently?

Thank god someone finally mentioned this.

They absolutely own the fishing category (Berkley, Shakespeare, Abu Garcia, Penn, Ugly Stick,) and they have a nice slice of the kitchen too.

If they could manage to unload everything except these 2 categories?
(I have difficulty seeing them getting disinter-mediated in either of these product lines.)

I've had the earnings conference call webpage bookmarked for days now, and just haven't managed to get to it yet.

What are your thoughts on the reliability of BV?
Debt & goodwill really ballooned after the Jarden purchase.
Someone here once said "if it ain't levered, you ain't doing it right" but there are definitely caveats in this statement.

One glaring wart, management seems inordinately proud of themselves for levering up...
« Last Edit: January 30, 2018, 04:22:38 AM by DooDiligence »
abc 2.6 | abev 2.4 | aapl 0.9 | bbh 3.3 | brk.b 11.6 | chtr 4.2 | cvs 5.7 | dva 5.6 | dis 4.1 | ew 2.1 | gpc 2.8 | mo 6.2 | nvo 5.1 | sftby 2.3 | vde 4.2

(%'s held @ cost, PV allos are slightly 2 significantly higher. includes a slowly dwindling cash pile.)

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kab60

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Re: NWL - Newell Brands Inc
« Reply #2 on: January 30, 2018, 05:09:20 AM »
Just fyi, there's a short thesis on VIC

Cameron

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Re: NWL - Newell Brands Inc
« Reply #3 on: January 30, 2018, 07:29:40 AM »
I looked at it before the second recent drop, I passed because it felt like reading the 2013 or 2014 Valeant annual reports.

Simple Investor

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Re: NWL - Newell Brands Inc
« Reply #4 on: January 30, 2018, 07:55:07 AM »
I'm trying to determine the size of the goodwill write off next quarter.  Over/Under at 3.9 Billion.  Excluding any tax implications from the new tax law. 

CorpRaider

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Re: NWL - Newell Brands Inc
« Reply #5 on: January 30, 2018, 01:56:03 PM »
I think Crock Pot killed a guy on some show the other night or something.   ;D

benbuffett

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Re: NWL - Newell Brands Inc
« Reply #6 on: April 23, 2018, 11:54:15 AM »
Any new thoughts on Newell (NWL)?
Looks like both Activist investment companies on board now. That being Carl Icahn and also Starboard.

BB