Author Topic: BBY - Best Buy  (Read 41585 times)

rockket

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Re: BBY - Best Buy
« Reply #180 on: September 05, 2013, 02:12:13 PM »
thoughts on how to value/anyone getting out at this point? bought into this based on risk/reward assymetry when it hit lows and looked very cheap with the takeout catalyst looming - honestly not sure how to value this anymore. may be selling soon..


bmathews03

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Re: BBY - Best Buy
« Reply #181 on: September 11, 2013, 12:42:51 AM »
it's one of the worst businesses around.  not worse than sears, but still horrible. 

bmathews03

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Re: BBY - Best Buy
« Reply #182 on: September 11, 2013, 12:46:40 AM »
thoughts on how to value/anyone getting out at this point? bought into this based on risk/reward assymetry when it hit lows and looked very cheap with the takeout catalyst looming - honestly not sure how to value this anymore. may be selling soon..

Ah yes... a tricky task.  Well, within 5-10 years, it will be worth $0 per share.  Meanwhile, anything could happen.  Should you get out now?  I don't know.  You rode it from $16 to $38, why not sell at $50 or $100... I don't really know... a tricky task indeed...

DCG

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Re: BBY - Best Buy
« Reply #183 on: January 16, 2014, 06:43:24 AM »
Down 30% this morning.

Jurgis

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Re: BBY - Best Buy
« Reply #184 on: July 21, 2017, 01:11:48 PM »
@KCLarkin: BBY thoughts here: Honestly, I don't know why they survived and prospered and how. Anecdotally, I have not bought anything from physical Best Buy forever. I've bought things from Best Buy online but only when they had prices cheaper than Amazon after all Amazon discounts/Prime perks/etc. Which does not seem to be great situation for company to be: they are picking the crumbs from Amazon table. But clearly from financial results and stock performance they did more than that. And I don't have answer to that part at all. As I said on your thread, maybe it was "last man standing" syndrome: with very few competitors left, BBY won the brick&mortar customers while doing OKish/so-so online. I'd have to look at their numbers, but I'm probably not interested enough to do a real deep analysis.

Edit: I took a glance at 10 year numbers on Morningstar. They look choppy and crappy. So, in short, I would not have invested and I would not invest. And I don't think they are doing great even though the stock has outperformed. Maybe it was a good investment for someone who did deep DD, but really not for me. (And that's mostly true for other Amazonable companies/areas that people discuss too).

Edit 2: Here's what Morningstar says about returns. It seems that you have to pick quite specific periods for large outperformance:

Total Return % (07/20/2017)    1-Year    3-Year    5-Year    10-Year    15-Year
BBY                                          73.64    24.47    26.64    2.99    7.74
S&P 500 TR USD                   16.22    10.03    15.09    7.19    9.62

Best luck.
« Last Edit: July 21, 2017, 01:22:05 PM by Jurgis »
"Before you can be rich, you must be poor." - Nef Anyo

tol1

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Re: BBY - Best Buy
« Reply #185 on: March 27, 2018, 08:10:03 AM »
Has anyone an idea of what the EBITDA margins are for the services sales?
« Last Edit: March 28, 2018, 11:11:45 AM by tol1 »