Posts In: Stock Ideas

Geoff Gannon March 14, 2018 Premium Articles-01, Stock Ideas

Pendrell (PCOA) Follow-Up: Reading into a CEO’s Past and the Dangers of “Dark” Stocks

A member commented to the write-up I did yesterday on Pendrell. I think the comment and my response are worth making into a full follow-up “memo”. So, here they are: “Geoff, This company definitely seems promising. I saw the blog post from Hidden Value that you retweeted and ended up buying a small starter position in the company after reading the 10k. That was before even seeing that you ended up writing a post on it. I’m struggling to decide how to size the position...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Geoff Gannon March 13, 2018 Premium Articles-01, Stock Ideas

Pendrell (PCOA): A Company with Cash, a Tax Asset, and Almost No Liabilities

Pendrell is essentially a non-operating company with two assets: cash and net operating loss carryforwards. The cash appears on the balance sheet. The net operating loss carryforwards do not. The most recent balance sheet is dated December 31st, 2017. It is found in the 10-K. Total liabilities are $9 million while accounts receivable are $17 million. Since accounts receivable alone can cover all liabilities – I’ll assume that all cash is surplus cash. Cash is $184 million. The company has 242,769 shares outstanding (there are...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Geoff Gannon March 11, 2018 Premium Articles-01, Stock Ideas

Booking Holdings (BKNG): A Fast Growing Industry Leader Built on Network Effects and a Strong Brand

  Write-up by Mister Compounder   Summary   Asset light business model, with infinite return on capital, that requires little capital to grow enabling the use of cash flow for other purposes. Booking is currently trading at a free cash flow yield of 3.6%, before acquisitions and including adjustments for dilution of 1% The risks involve pricey valuation, overpaying for acquisitions in M&A deals, young industry and risks of increasing competition due to the attractive economics of the industry.   Overview   Booking Holdings (formerly...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Geoff Gannon February 27, 2018 Premium Articles-01, Stock Ideas

General Electric (GE): Step Zero – Will We Ever Be Able to Value This Thing?

I apologize in advance for the disorganized and inconclusive nature of this write-up. By this point, I’ve read a little about GE. It’s a stock many of you have said you’d like to hear about. And yet, I’m not sure I have anything worthwhile to say about it quite yet. This piece is the best I can do for now. So, this isn’t even an “initial interest” post. This isn’t step one of my analysis of GE. This is step zero. The company is that...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Geoff Gannon February 25, 2018 Premium Articles-01, Stock Ideas

j2 Global (JCOM): Half Cloud, Half Digital Media and All About Acquisitions

Guest write-up by Jayden Preston     Introduction   j2 Global brands itself as an Internet service company. At its core, the company’s goal is to participate in the monetization of the shift from analog to digital. They do so in two business segments: 1) Business Cloud Services and 2) Digital Media.   Business Cloud Services (BCS)   The main business here is providing businesses of all sizes with cloud services that meet their communication, messaging, security, data backup, hosting, customer relationship management and other...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Geoff Gannon February 18, 2018 Premium Articles-01, Stock Ideas

U.S. Lime (USLM): A High Longevity Stock in a Low Competition Industry

This is the second article in my new approach to writing for Focused Compounding each week. I will give you a look into my initial thoughts on a stock that I may then research further. At the end of this article, I will tell you my interest level (0% means there’s no chance I will follow-up with additional research on this stock; 100% means it’s already at the top of my research pipeline). This is my first article on U.S. Lime & Minerals (USLM). So,...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Andrew Kuhn February 17, 2018 Premium Articles-01, Stock Ideas

Apple: Buy it and Forget it

I’m about to purchase shares in Apple and I think it would be beneficial for you to do further research for yourself and think about a potential investment also. This post will outline my general thinking, which will probably be nothing insightful or new to you, but I will keep it simple as I don’t think the investment case needs to be complicated here. Apple is an ecosystem, not just a traditional hardware manufacturer company that only sells computers and cell phones. Whatever Apple comes...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Geoff Gannon February 11, 2018 Premium Articles-01, Stock Ideas

Babcock & Wilcox Enterprises (BW): A Risky Stock Getting Activist Attention

I’m trying something different this week. In an effort to share more ideas with members, I’ve decided I’ll write about whatever stock I’m looking at – even if I don’t like what I see. This will give you some insight into my stock selection process at the earliest stages. It will also let me give you more regular, stock-specific content. The downside, of course, is that it’s risky. I’m risking getting you interested in a stock you shouldn’t be interested in. So, I’ll rate the...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Geoff Gannon February 1, 2018 Premium Articles-01, Stock Ideas

NIC (EGOV): Loses Its Biggest Customer (Texas) – Stock Drops 20% Instantly

As I write this, NIC (EGOV) stock is down 20% for the day. For potential buyers of the stock, there have been two developments in the last 24 hours. One, EGOV announced it lost the Texas dot org portal. It is still in the running for payment processing on behalf of the state. Texas, as a whole, accounted for 20% of EGOV’s revenue. It may have accounted for even more than 20% of the company’s profits. Two, shares of EGOV are now down 20% in...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more
Geoff Gannon January 21, 2018 Premium Articles-01, Stock Ideas

Carrols Restaurant Group (TAST): America’s Biggest Burger King Franchisee Comes with “Rights of First Refusal”

Guest write-up by Vetle Forsland   Overview   Carrols Restaurant Group (TAST) is the largest Burger King franchisee in the US. They are currently operating 753 Burger King restaurants on the east coast of North America, in 16 different states. That accounts for about 10.2 % of all Burger King locations in the USA.   Carrols was founded in 1960. At the time, they were operating an independent burger chain. In 1976, they started converting those stores to Burger King locations, and they became a...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register
Read more