Some links
The Brooklyn Investor is looking at some potential “Outsider” companies: The “new” Teledyne and Colfax from the US and Transdigm.
Especting Value is looking at UK wallpaper company Colefax
Very interesting presentation from Kerrisdale on Lindsay, an US company which produces automated water irrigation equipment for farmers.
Interesting presentation with some stock ideas from German value fund Discovery Capital.
The funny story of Carl Icahn’s sale of netflix shares by Kid Dynamite. His son didn’t want to sell…..
Finally a non-investment story from Sports Illustrated about the remarkable life a former NBA player who dissapeared on a boat some 10 years ago. I found it remarkable for several reasons:
– captivating story
– great presentation, if online stories are presented like this, traditional media outlets might stil have a chance
– there is finally a “hidden” investment angle: The best friend of the NBA player was Patrick Byrne, CEO of the company overstock.com. Not only is overstock.com a company which is suspected to be a fraud by Sam Antar, but he is also the son of GEICO CEO John Byrne, highly admired by no one else than Warren Buffet himself.
value and opportunity 
Die habe ich schon länger auf dem Radar. Aber der extreme EPS-Anstieg ist schon heftig. In 10 Jahren eine Verneunfachung des EPS …Und die Schätzungen für 13/14 liegen nochmal 20% höher… Sowas geht nicht ewig gut
in meinem Boss modell sieht Konkurrent Valmont auch deutlich besser aus….
Lindsay scheint m.E. aber etwas zyklisch zu sein. Und die aktuell “günstigen” Verhältnisse beziehen sich auf ein extrem gutes EPS.
2008 hat sich das EPS auch fast verdreifacht, um dann im nächsten Jahr unter dem 2007er-Niveau zusein.
Die Schätzungen für 14/15 sehen Stagnation vor.