Author Topic: What are you buying today?  (Read 2198290 times)

crastogi

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Re: What are you buying today?
« Reply #810 on: November 10, 2014, 10:55:24 AM »
Genworth at one third of tangible book value.

I have not looked at this in detail, but it did catch my eye with the big drop lately.  Question:  How confident are you that they will be able to offset losses caused in their LT care insurance business? 

Any write up I can refer to understand the nuances better?

Thanks


Lance

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Re: What are you buying today?
« Reply #811 on: November 11, 2014, 08:35:35 AM »
IWM Jan 2016 $115 Puts

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Lance

Lance

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Re: What are you buying today?
« Reply #812 on: November 11, 2014, 11:09:03 AM »
LUKOIL

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Lance

Hawks

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Re: What are you buying today?
« Reply #813 on: November 13, 2014, 06:46:19 AM »
eca

dutchman

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Re: What are you buying today?
« Reply #814 on: November 13, 2014, 07:01:32 AM »
Hawks, is encana strictly a bet on gas prices.  Have you compared it to chk?

Lance

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Re: What are you buying today?
« Reply #815 on: November 13, 2014, 08:12:01 AM »
OGZPY (Gazprom) and SBRCY (Sberbank)

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Lance

LC

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Re: What are you buying today?
« Reply #816 on: November 13, 2014, 08:52:14 AM »
Hawks, is encana strictly a bet on gas prices.  Have you compared it to chk?
Check their recent IR presentation, they've made some moves recently and are trying to transition into higher margin product. I actually think it looks interesting, the valuation seems amenable, and it showed up on Clipper's 13F recently.
"Lethargy bordering on sloth remains the cornerstone of our investment style."

Lance

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Re: What are you buying today?
« Reply #817 on: November 13, 2014, 01:18:50 PM »
LGCY (Legacy Reserves Limited Partnership)

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Lance

Hawks

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Re: What are you buying today?
« Reply #818 on: November 13, 2014, 01:58:02 PM »
dutchman    Not buying for the natural gas, but for their growing exposure to crude oil. With increasing gas asset sales and growing oil reserves, don't think the market yet realizes the transformation. And when some smaller crude oil companies struggle with lower crude prices, ECA will gobble them up on the cheap. Similar story as CHK but ECA is much stronger financially imo.
Also bought more SSW for their growing dividend and all new vessels are fully leased once again.

thecynic

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Re: What are you buying today?
« Reply #819 on: November 14, 2014, 01:12:17 PM »
ASPS, increased to a 10% position...