Author Topic: What are you buying today?  (Read 2198254 times)

no_free_lunch

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Re: What are you buying today?
« Reply #1130 on: April 29, 2015, 10:04:02 AM »
Even where it is trading right this minute, $52.08, I think it is an incredible bargain.    Based on the most recent quarter, free cash flow is annualized around $450M.   So the company is trading in the vicinity of 15x fcf.    It really should trade for at least 20x, given if nothing else that it has strong recurring revenue.  When you factor in management's ability to acquire and control costs, it should probably trade at more of a growth multiple, likely 25-30x.


giofranchi

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Re: What are you buying today?
« Reply #1131 on: April 30, 2015, 12:31:07 AM »
I have just bought more PSH.

Cheers,

Gio
Portfolio: AAPL, AMZN, BABA, BOSS, BRK.B, FB, FFH, FIH.U, FINX, FWONA, GOOG, IBB, JPM, LBRDA, MKL, NKE, QQQ, SFTBF, SMH, TCEHY, V, XBI, XT

bargainhunter

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Re: What are you buying today?
« Reply #1132 on: April 30, 2015, 06:53:53 AM »
Just significantly increased my position in SNMX. As per today's earnings release Pepsi commercialization is on track for mid 2015. Just as important, direct sales are ramping up. Look at the trend in sales wins over the past several quarters. 0, 1, 3, 6. We are on the cusp of a major ramping up in revenues here.

muscleman

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Re: What are you buying today?
« Reply #1133 on: April 30, 2015, 07:18:55 AM »
I converted USD into EUR, wired to Fidelity and bought a meaningful stake in Bank of Cyprus.  :D
I am muslceman. I have more muscle than brain!

frommi

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Re: What are you buying today?
« Reply #1134 on: April 30, 2015, 09:54:34 AM »
Bought CHEF and QQQ puts.

Ross812

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Re: What are you buying today?
« Reply #1135 on: April 30, 2015, 10:32:41 AM »
Bought CHEF and QQQ puts.

I have a gtc buy order in for 17.5 on CHEF. Rinse and repeat on this one. The $23 month out options were going for $1.3 in March. I couldn't resist...
96% Fixed Income CDs, Muni, Corporate Debt - 4% SPX Options

frommi

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Re: What are you buying today?
« Reply #1136 on: April 30, 2015, 10:50:22 AM »
Bought CHEF and QQQ puts.

I have a gtc buy order in for 17.5 on CHEF. Rinse and repeat on this one. The $23 month out options were going for $1.3 in March. I couldn't resist...

I once had a limit order in for FIAT. Guess what happened. :)

buylowersellhigh

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Re: What are you buying today?
« Reply #1137 on: April 30, 2015, 10:51:03 AM »
Ross,

What is your thesis on CHEF?

TIA

Bought CHEF and QQQ puts.

I have a gtc buy order in for 17.5 on CHEF. Rinse and repeat on this one. The $23 month out options were going for $1.3 in March. I couldn't resist...

Ross812

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Re: What are you buying today?
« Reply #1138 on: April 30, 2015, 11:27:41 AM »
Ross,

What is your thesis on CHEF?

TIA

Bought CHEF and QQQ puts.

I have a gtc buy order in for 17.5 on CHEF. Rinse and repeat on this one. The $23 month out options were going for $1.3 in March. I couldn't resist...

http://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/chef-the-chefs'-warehouse/

There is quite a bit in there. I'm pretty comfortable with food distribution and I think CHEF is in an great niche market. I'm not as excited with their center of plate purchases (i.e. beef - too cyclical), but we are definitely on an upswing of cycle right now. They should make money on the next down swing.
96% Fixed Income CDs, Muni, Corporate Debt - 4% SPX Options

Lance

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Re: What are you buying today?
« Reply #1139 on: May 01, 2015, 09:27:16 AM »
Bought FFXDF (Fairfax India Hldgs Corp), closed my LNKD short.

Thanks,
Lance