Author Topic: JEF - Jefferies Group  (Read 599320 times)

Munger

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Re: JEF - Jefferies Group
« Reply #180 on: November 23, 2011, 10:40:20 AM »
hahahaha. JEF is up about 5% today too!

I did note the following this morning:


On the positive side -- if reported tangible book value is correct, shareholders could make some money from current levels if management plays its cards right...theoretically a buyer could pay some premium to acquire and then liquidate the firm for a positive return.


As I've long asserted, it will be very interesting to see how managment plays this out.


stahleyp

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Re: JEF - Jefferies Group
« Reply #181 on: November 23, 2011, 10:45:55 AM »
hahahaha. JEF is up about 5% today too!

I did note the following this morning:


On the positive side -- if reported tangible book value is correct, shareholders could make some money from current levels if management plays its cards right...theoretically a buyer could pay some premium to acquire and then liquidate the firm for a positive return.


As I've long asserted, it will be very interesting to see how managment plays this out.

So, overall, your feelings are something like this? "The stock will probably go up or down in the future; I'm not really sure."

Am I right?
Paul

Munger

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Re: JEF - Jefferies Group
« Reply #182 on: November 23, 2011, 11:02:38 AM »
stahleyp -- i've tried to treat you w respect but you honestly strike me as pathetic...and you clearly have no clue re investing.  honestly wish you well but you are not worth my time -- sorry

my opinions re JEF are clearly expressed in this thread
« Last Edit: November 23, 2011, 11:04:24 AM by Munger »

stahleyp

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Re: JEF - Jefferies Group
« Reply #183 on: November 23, 2011, 11:08:34 AM »
stahleyp -- i've tried to treat you w respect but you honestly strike me as pathetic...and you clearly have no clue re investing.  honestly wish you well but you are not worth my time -- sorry

my opinion re JEF are clearly expressed in this thread

Here is what I gathered. Feel free to correct any inaccuracies.

You have no position.

You post bearish remarks about unsustainability of the business model and talk about the uncertainty.

You also state that if "tangible book is correct" the it might be a good investment.

Where am I wrong?

To me, that says that you think it's gonna go down but certainly can go up, too, ie the stock will go up or down; I'm not really sure which way.

Paul

Liberty

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Re: JEF - Jefferies Group
« Reply #184 on: November 23, 2011, 11:31:34 AM »
Hitting 52wk lows.
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

rranjan

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Re: JEF - Jefferies Group
« Reply #185 on: November 23, 2011, 11:36:15 AM »
Hitting 52wk lows.

Established medium size postion. I will make it large size if it drops more.

tombgrt

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Re: JEF - Jefferies Group
« Reply #186 on: November 23, 2011, 11:49:16 AM »
I bought more today as well. Should be under BV, around 0.9x maybe.

roughlyright

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Re: JEF - Jefferies Group
« Reply #187 on: November 27, 2011, 12:11:42 PM »
I am just a little bit excited about Jeffries for next week. Next week there are plenty of bond sales coming up in Europe..and there will be lot of fireworks in market, based on the Italy's raising interest rates. I am hoping this would cause Jeffries to tumble and hopefully I can take a initial position.

I have not done much research other than the fact the Leucadia has a big position and Berkowitz has a big position.  I am terribly disappointed that insiders are not buying any. However, I am plan on taking a position only with Call options $5 Strike price in 2014.

Are other board members taking position by Stock or call options?

prevalou

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Re: JEF - Jefferies Group
« Reply #188 on: November 27, 2011, 12:47:26 PM »
No insider buying any ?

R Handler bought 61231 shares on november 15

rijk

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Re: JEF - Jefferies Group
« Reply #189 on: November 27, 2011, 01:18:50 PM »
check again, those were option awards....

leucadia did buy....

regards
rijk