chessburger’s Activity

Mon May 2

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Boards Post

chessburger replied to the Value Hounds board. 10:35 AM

Re: Where is LeKitKat?

Yo,

So -- my understanding is that other things have her attention and that there was no indication on when or if she would post again. I would add there are no health concerns, just other issues that take precedent over posting to the [more]

Thu Apr 28

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Boards Post

chessburger replied to the Boring Stocks board. 5:10 PM

Re: Park Electrochemical (PKE)

Some notes:

In the industry -- VIAS was acquired by TTMI for 1.1X invested capital in 2015 (announced 2014). VIAS was heavily loaded with debt. (I think $17 buy out when deal was announced stock was below $11.)

PKE long-term [more]

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chessburger replied to the Value Hounds board. 3:21 PM

Re: Low multiple investing

Sure --

The methodology uses a 6month and 12 month return lagged by 1 month.

The 2 return figures are combined and then divided by the 3 year STDEV.

For example MCD (shown below)

6MO = 29.3%
12MO = [more]

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chessburger replied to the Value Hounds board. 8:39 AM

Re: Low multiple investing

Anyone here primarily use low multiple approach to their investments? Low P/E, low P/FCF?

Enterprise Value to Invested Capital (EV/IC) is my main multiple.

How has that worked out over the cycle?

Well the [more]

Mon Apr 18

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Boards Post

chessburger replied to the Value Hounds board. 11:08 AM

Re: Many value investors are following bad advice

Denny -- chiming in as I think this was all covered reasonably well in Graham's Security Analysis book. Maybe the bad advice being given was by folks who never chose to crack open Graham's book in the first place. I know I haven't read it as close as [more]

Thu Apr 14

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Boards Post

chessburger replied to the Last RoundUp board. 2:49 PM

Re: shw and val deal

--$160.

Ironically using gurufocus's mechanical Peter Lynch chart has SHW valued at ~168

http://www.gurufocus.com/stock/SHW




chessburger

Tue Mar 29

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Boards Post

chessburger replied to the Value Hounds board. 2:04 PM

Re: HRS?

t h,

Well we know that since the fiscal cliff all the major defense contractors have had strong equity performance. NOC, LMT, RTN, GD, COL, LLL .... even TDY despite it's exposure to the energy sector.

HRS has also done well since [more]

Sat Mar 26

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Boards Post

chessburger replied to the Last RoundUp board. 8:38 AM

Re: shw and val deal

RR,

No -- I wasn't trying to argue either way as much as I've always struggled with SHW in particular. And when I say struggle -- I've looked at it since 2012 and never invested. But I've watched the value increase.

One could say [more]

Fri Mar 25

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Boards Post

chessburger replied to the Last RoundUp board. 2:55 PM

Re: shw and val deal

RR et al,

I'm in the camp that SHW is overvalued -- but I've thought that for years and have missed an opportunity to really improve portfolio returns.

I use a hammer and everything looks like a nail approach except for finance [more]

Fri Mar 18

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Boards Post

chessburger posted to the Boring Stocks board. 7:16 AM

Park Electrochemical (PKE)

Seems like one for further due diligence.

Net cash is significant. Assuming roughly $140 million in net cash that's roughly $7 per share on a $15.25 stock.

Reason for further inspection:

EV/IC with cash is .53X. That's too [more]

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Boards Stats & Trivia

Two stars, 250 posts Old School Fool
Board Posts 437
Recs Received 1411
People who have rec'd these posts 251
Recs to Posts Ratio (last 30 days) N/A
Threads Started 78
Threads Started Percentage 17.85 %
Most Frequent Board Value Hounds
Very First Post A IV Value Central post. (2/2/2007)
Percentage of Posts Rec'd 89.47 %
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