BUY
Earnings estimates have been going crazy on this company. His model price is $31.63, a 20% positive differential. Volatile.
BUY
He's had positive earnings revisions so his model price has gone up and is now $27.90. That's an 83% positive differential.
COMMENT
Cheap, cheap. Model price is $63.36, a 38% positive differential. He presumes everyone fears what they have and as they are not disclosing what they have so the market is punishing them. Will be looking closely at this in January.
HOLD
Not cheap enough for him. His model price is $47.65, a 15% positive differential. Earnings have come down and they have been taking write-offs.
COMMENT
He has a model price of $60.51 giving it about a 30% positive differential. Volatile and there could be more downside and it could fall to $42.90.
COMMENT
His model price is $52.71. That's a 54% positive differential. Earnings have not had much of a downgrade in the last 9 weeks. There is a lot of upside but like everything in this space everyone is panicking.
COMMENT
The problem with this company is that they really re-capitalized themselves so he has yet to see the balance sheet. When they do report, there will be a lot of difference in the balance sheet. The mean estimate is $.30 for Dec/08. This is really not an equity position, it is really a Call.
COMMENT
His model price was $22 in Sept/Oct and it is currently $11.47 giving it a 31% upside. He thinks that wants to hold it here. Earnings have been coming down.
BUY
9% yield. Large stake in the upcoming Visa IPO. His model price is $22.71. That's almost 42% positive differential.
SELL
Very expensive. His model price is $58.85. A -19% differential. He is seeing a lot of money moving into consumer staples but you are really paying a significant price.
SELL
(Market Call Minute.) His model price is $240.
DON'T BUY
(Market Call Minute.) Model price is $2.75, a -13% differential.
COMMENT
(Market Call Minute.) Still a lot of value here. Trying to hold at around the $17 mark. His model price is $33.80, a 101% positive differential, but his model price is moving down because of earnings.
BUY
(Market Call Minute.) Loves this one. The model price is $38.59, a 59% positive differential.
TOP PICK
Has some doubt about the intrinsic value of the US$, which he expects to continue to sink. This is one of the few golds that has rising FMV. Brilliantly managed. Good intrinsic value, rising FMV and a very nice balance sheet.