MartianRtns’ Activity

Tue Nov 25

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 3:45 PM

Re: Never cheap enough

my op

pretend for a moment that those forward EPS numbers are accurate. This sounds stupid but ain't - VL has an 'EPS predictability' number on that sheet on the right bottom. If it is high, then you can use their guessestimates with [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 3:30 PM

Re: Never cheap enough

never owned - but keep in mind at one time or another I force myself to buy everything

cmg
itw
ulta (i think - i might have owned it)


now - buy in quantity - that I could make a long list on

buying is never my [more]

Mon Nov 24

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 1:13 PM

Re: French General Discussion

putting a bow on it

I look at every sell I've done for 2014
and asked a simple question:

What return would there have been if I eliminated all sells this year.

Results even shocked me

*Returns would have been [more]

Fri Nov 21

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 3:42 PM

Re: French General Discussion

I think this has gone far beyond the point of being interesting to anyone else, but my 1 year rule is for 1/2 of a position, not all of it.

There are three scenarios's

*stock goes up. Usually there is a reason this happens. [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 11:46 AM

Re: Airlines

Do you own any?

nobody cares what I think but I am just me. I have one analyst, one trader, one writer, one poster, one reviewer, one clerk, one printer, one you know what. So what I do and what these folks do is not comparable. [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 11:36 AM

Re: French General Discussion

When you say this does it mean no matter what or only to allow the thesis to play out.

no matter what - unless and until I get to the point of being fully invested in which case I will no longer care about holding periods

my [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 9:56 AM

Re: French General Discussion

fwiw, my plan going forward

For new stock buys (that's a buy of NEW Stock)

I will hold half at least 12 months.
The other is subject to my normal procedure.

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 9:50 AM

Re: Airlines

A few comments:

that's a myth that WEB lost money on that investment - see below - though obviously he got lucky in some sense

Has something fundamentally changed here with industry consolidation. Do any of these companies have [more]

Thu Nov 20

NL

Boards Post

MartianRtns posted to the Deranged Monkey Criticism board. 5:03 PM

French General Discussion

Yet again I find a trade I did where my sale looks - well - horrid.

To the tune of $276k, or 0.5% of returns.
Compute these up and it is a huge difference.

This particular company is a no-moat retailer with no sqft growth but [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 1:41 PM

Re: Handing Big Debt Companies

see how other people think about it and factor in the debt.

If it matters, at least with US stocks I think VL - for all its flaws, and its flaws are so numerous as to make me almost hate them - is good for doing this too.

For [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 1:26 PM

Re: Handing Big Debt Companies

you, Ben, and E-T (and pk!)

and any that I didn't mention

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 1:09 PM

Re: Handing Big Debt Companies

Of course, don't answer if you're sick of the subject, and others are welcome to propose an answer!

minor comment - I am extremely grateful for your feedback. I wanted to seriously get into this issue and you, Ben, and E-T have [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 1:00 PM

Re: Handing Big Debt Companies

Fair enough, so in that case there is no point in evaluating DIN and its earnings, with or without debt. They have the debt, so on to the next possibility.

I didn't say that :). It could be more interesting at a lower price. I only [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 11:29 AM

Re: Handing Big Debt Companies

My point was just that doing that adjustment for your own interest costs, as a purchaser, is a cumbersome way to evaluate investment opportunities, because you would have to do it for every single investment opportunity.

fwiw, a [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 11:11 AM

Re: Handing Big Debt Companies

one follow up and I'll try - try - to close this out

My selling has been dreadful this year.
Flipping thru VL has made me feel it is even more dreadful.
I've been selling companies that, by and large, are in far better positions that [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 10:55 AM

Re: Handing Big Debt Companies

bad typo

few people have "precise" handle on debt laden companies "to the point where they could easily communicate to me their philosophy and approach where I could actually apply it with some sort of confidence, which is a [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 10:47 AM

Re: Handing Big Debt Companies

There obviously is a price to debt where debt makes more sense to use than equity to expand the business. If the interest rate was negative (for an extreme example) then not having cash & holding debt would be a very smart thing to do. [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 10:36 AM

Re: DLTR

thought:

whole thing makes me want to grind my teeth to little numbs

I basically refused to consider DLTR cause of that FDO thing and now this....

Wed Nov 19

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 7:06 PM

Re: Handing Big Debt Companies

it is interesting to see what an acquirer will pay
I don't know this story

just using VL

IGT - Intl Game Tech - being take out at $18.25 in cash and stock

Price is $17.09 today
Shares 247m
Cap at takeout [more]

NL

Boards Post

MartianRtns replied to the Deranged Monkey Criticism board. 6:48 PM

Re: Handing Big Debt Companies

there are a lot of things like this

Issue 12 in VL - Boyd Gaming BYD
owns properties in Vegas & NJ

163m cash
4.3b debt
FCF this year estimate at 151m
Valuation?
1.25b
so 5.6b thereabouts

Admit I [more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating < 20
Player Rank 0 out of 75069
Score 0.00
Score Change Today 0
Accuracy 0.00%
Active Picks 0
Total Picks 0
Best Pick ( 0)
Worst Pick ( 0)
Average Score per Pick 0.00
Charms Earned 0
Highest Rated Favorite No Favorites Selected
Go to MartianRtns’ CAPS page

Boards Stats & Trivia

Big gold star, 5000 posts Top Favorite Fools Old School Fool
Board Posts 12828
Recs Received 28056
People who have rec'd these posts 1916
Recs to Posts Ratio (last 30 days) 7.20
Threads Started 2036
Threads Started Percentage 15.87 %
Most Frequent Board Liquid Lounge
Very First Post Re: The 1999 Maplemark Fund Annual Report (1/26/2000)
Percentage of Posts Rec'd 58.47 %
Show MartianRtns’ 10 Latest Posts