Century Link (NYSE: CTL), can this stock make you richer?

Since last few weeks this stock is one of the most talked stock in news, specially after Century Link acquired Level 3. If we see the future potential of combined company, it is the third largest in telecom sector now. Level 3 dominates in fiber optics connectivity market. Stock is trading much less than (~ $13.9) its original value (P/B ~ 0.58). Company is consistently paying dividends with yield aprox 15.3 making it one of the highest yield in the sector. Stock is trading almost 50% down its value in one year. It makes it interesting risky bet. Couple of points to note: this company is build on a strategy of acquiring other companies, which it is doing since many many years and successfully integrating bought out companies with parent companies, second, company is rewarding its shareholders with handsome dividends consistently, third it is a global company with presence in more than 60 countries serving thousands of customers worldwide, fourth company has enough assets to cover its short term loan requirements. If we consider many other points other than financial ratios, fundamental analysis, qualitative factors indicate that this is a good stock to own now and there are many good reasons to believe that in coming future (next 1-2 years) this stock may double up.

What is your opinion about buying/holding this stock?

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Stock Pick

IC

SEPT 2016 | CANADIAN EQUITIES

1. CAMECO Corp. [TSE: CCO]
2. Potash Corporation of Saskatchewan [TSE: POT]
3. ACADIAN Timber [TSE: ADN]
4. National Bank [TSE: NA]
5. Manulife Financial [TSE: MFC]

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Brookfield Asset Management reports Q2 profits..

On Friday 7th August, 2015, the Toronto, Canada based company Brookfield Asset Management (NYSE: BAM, TSX: BAM.A, Euronext: BAMA) reported $1.2 billion net income, or 0.62 per share. Net income for the six months increased by 10% to $2.6 billion and on a last twelve months (“LTM”) basis, increased by 15% to $5.4 billion.

Funds from operations (“FFO”) for Brookfield shareholders during the quarter totalled $520 million, or $0.50 per share.

Fee bearing capital increased to approximately $100 billion at quarter end; net inflows totalled $15 billion over the last twelve months, including $5 billion in the current quarter. Fee related earnings grew by 44% to $127 million in the quarter, as fees were earned on a higher capital base with relatively small increases in related costs.

The Board declared a quarterly dividend of US$0.12 per share (representing US$0.48 per annum), payable on September 30, 2015 to shareholders of record as at the close of business on August 31, 2015.

Brookfield Asset Management Inc. is a global alternative asset manager with over $200 billion in assets under management. The company has more than a 100-year history of owning and operating assets with a focus on property, renewable energy, infrastructure and private equity. Brookfield offers a range of public and private investment products and services, and is co-listed on the New York, Toronto and Euronext stock exchanges under the symbol BAM, BAM.A and BAMA, respectively. For more information, please visit our website at www.brookfield.com.

Sources: nasdaq, www.brookfield.com

 

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Amgen Inc. reported positive quarterly results.

Amgen Inc. (NASDAW: AMGN) reported positive Q2 results on June 30, 2015. Total revenue increased by 4% to $5.4 billion and EPS by 8% to 2.57.

The company generated $2.7 billion of free cash flow as compared to $2.1 billion for the same period in 2014.

Adjusted net income grew by aprox. 8% to $1.9 billion as compared to $1.8 billion for same Q2 last year.

Second Quarter 2015 GAAP EPS Increased 7 Percent to $2.15. 2015 Total Revenues and Adjusted EPS Guidance Increased to $21.1-$21.4 Billion and $9.55-$9.80, Respectively

 

Year-over-Year
$Millions, except EPS and percentages Q2 ’15 Q2 ’14 YOY Δ
Total Revenues $ 5,370 $ 5,180 4%
Adjusted Operating Income $ 2,551 $ 2,319 10%
Adjusted Net Income $ 1,977 $ 1,823 8%
Adjusted EPS $   2.57 $   2.37 8%
GAAP Operating Income $ 2,076 $ 1,902 9%
GAAP Net Income $ 1,653 $ 1,547 7%
GAAP EPS $   2.15 $   2.01 7%

 

“Focused execution with our growth products drove record revenues in the second quarter, and expense discipline further leveraged earnings and our ability to invest in new and forthcoming launches,” said Robert A. Bradway, chairman and chief executive officer.

AMGEN Press release

Amgen Inc. (Amgen) is a biotechnology company. The Company is engaged in discovering, developing, manufacturing and delivering human therapeutics.

sources: nasdaq, www.amgen.com

 

 

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Waters Corporation posted positive quarterly results.

Waters corporation (NYSE: WAT) posted increased EPS of 1.27 for Q2 2015 compared to 1.13 for the same quarter last year. Non-GAAP basis EPS reported 8% increase to 1.32 as compared to 1.22 for same quarter last year.

Sales grow by 3% to $495 million as compared to $482 million in Q2 2014. Due to foreign currency fluctations sales numbers were reduced by 7%.

Commenting on the quarter, Douglas A. Berthiaume, Chairman, President, and Chief Executive Officer, said, “Our strong performance in the second quarter and first half of 2015 demonstrates the power of our technology-focused strategy and commitment to customer support. It also showcases our ability to continuously bring new innovations into the market while maintaining strong margins and strong free cash flow.”

 

Waters Corporation, founded in 1958 by James L. Waters and headquartered in Milford, Massachusetts, U.S.A., is the world’s leading supplier of ultra performance liquid chromatography, high performance liquid chromatography, mass spectrometry, thermal analysis and rheology instrumentation and consumables. Around the world, Waters products are used by pharmaceutical, biotechnology, industrial, university, and government research & development, quality assurance, and environmental testing laboratories. For these customers, we provide technology that gives scientists fundamental data on the composition of natural products and synthetic chemical mixtures and the physical properties of materials.

 

Sources: nasdaq, waters.com – corporate website.

 

 

 

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Yelp poor quarterly reports plunged its stock to yearly lowest…

On Tuesday, July 28, 2015 Yelp Inc. (Nasdaq: YELP) reported negative EPS of (0.02) with a quarterly loss of $1.3 million. The company declared profit of $2.3 million with EPS of 0.09 last year for same quarter.

YELP stock touched 53 weeks low on Wednesday morning trading session.

Company reported roughly 3% declination in unique visitors as compared to same quarter last year. Total revenue reported was $133 million as compared to $88.8 million for same quarter last year.

sources: nasdaq, yelp.com/(investors relations)

 

 

 

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Electronics for Imaging ( EFI ) posts record Q2 earnings…

Electronics for Imaging (NASDAQ: EFII), a provider of customer focused digital printing solutions, posted record earnings for quarter ended on July 20, 2015.

The company reported second quarter record revenue of $207 million up by 5% compared to previous quarter with 0.32 EPS which is 0.01 higher than previous quarter.

Non-GAAP net income was $22.9 million and GAAP net income was $7.7 million.

For six months ended in June 2015, company reported 4% year-over-year record revenue of $397.3 million as compared to $381 million for the same time in 2014.

Cash flow from operating activities was reported to be $25 million for the quarter.

46% revenu came from inkjet business, 16% from software and 38% comes from Fiery business segments. America region contributed 54% towards totoal revenue, 32% came from EMEA, and 14% came from APAC.

Company reported a loss of (0.03) NON-GAAP EPS due to currency fluctations.

sources:
nasdaq, efi.com

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NuStar Energy Q2 Earnings fall below the analyst expectations

On July 24, NuStar Energy, a St. Antonio based company reported weaker earnings of $570.5 million below the last year earnings of $749.8 million.

The company reported EPS 0.54 which is 4 cents lower than last year’s EPS of 0.58.

 

 

Sources: Nasdaq.

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Greece turmoil, what seems in near future…

There is a lot going on with this poor country. They have eaten almost $300 billion dollars and when time came to pay back, they are playing a political game. This does not seem right!

I am not much familiar with the history or what economic situation Greece accepted loan terms and just kept on taking loan from different countries and interesting is that lender just kept giving loan to Greece. Now the loan amount is huge, it is virtually impossible to pay back. What do you think would have had happened in past? please leave your comments.

If we see and gather news from different sources, Greece in in debt from Germany (~$70 billion), France (~$44 billion), Italy (~$39 billion), Spain (~ $25 billion), IMF (~$21 billion), ECB (~ $18 billion), Netherlands (~ 13 billions), US (~ $11 billions), UK (~ $10 billions), Belgium (~ $7.5 billion), Austria (~ $5.9 billion), Finland (~ $3.7 billion).

All these countries helped Greece like a good friend and neighbour. But now it seems that Greece is acting as a bad friend after consuming all that money in past. This does not feel good to me and feels very un-ethical. Is that is that way, no one will trust and will lend money to others in future.

In my opinion, Greece must sell their assets and pay back loan like a good friend. However, in recent events e.g referendum vote to “NO”, indicates that Greece does not want to pay back loan and want to get rid of that.

On one hand I laugh on these countries who gave tax payers money to people who just simply enjoyed free money and on the other hand I feel sad how these helping hands gets punished by those who are not worthy of it.

What it means that one will have to be very skeptical in any sort of deals with Greece or businesses based in Greece or Greek people in general. Government is noting but as people or society elects and wants it to be. However many good soul suffered due to some arrogant people.

I do not know what else to say. My intelligence is very limited. Do you have any thoughts? Please leave your valuable comments…

Who own Greece's debt
Who own Greece’s debt [sources: bbc, ECB, open europe, IMF]

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Recommendations – June 2016

EQUITIES

  1. TSX: CM (CIBC, Canadian Imperial Bank of Commerce)
  2. NASDAQ: AAPL (Apple Inc.)
  3. NASDAQ: ATVI (Activision Blizzard Inc.)
  4. NYSE: AXP (American Express)
  5. NYSE: MA (Master Card Inc.)
  6. NASDAQ: SNPS (Synopsys)
  7. TSX: VSN (Veresen Inc.)
  8. HKG: 0215 (Hutchison Telecommunications HK Hld Ltd.)
  9. HKG:0043 (C. P. Pokphand Co. Ltd.) – BUY/HOLD
  10. HKG:1288 (Agricultural Bank of China Ltd.)

FOREX

  1. CHF (Swiss Frank) – Buy
  2. USD (US Dollar) – Buy
  3. EURO (Euro) – Buy

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Booming Toronto’s Real Estate – is it a signal before storm or still long way to go?

What do you think?

Since last 5 years Toronto’s real estate is booming to its new heights. Average house cost crossed a million dollar mark!! Not everyone can afford to buy it. What is means? Is Toronto going taking the similar direction as New York took is 2008 and suffered a distarious storm of property market burst?

What do you think?

There are couple of points worth thinking about the biggest city in Canada, Toronto is that it is the home to many immigrants from all over the world and consistently attracted people from across the globe to make this beautiful city their home since over a decade. Toronto is ranked in top five cities in the world to live in as well. Generous Chienes money keep flowing in this sity. Many Chinese immigrants came here invested in million in properties which is one the reason that property market went too up. And year by year demand of luxurius homes is increasing. Many surveys done by different agencies says this fact. But till when Chinese money will flow in?

Right now government policies are such that many Chinese want to leave china and they look for better place to immigrate. Canada comes first better choice. Canada has long history of Chinese immigrants as well. Not only that many of Chinese origin people have significently contributed to Canadian economy, started companies (for example one of big company ATI technologies, acquired by AMD in 2003), provided jobs to many people. THis is all a good sign. However the original question remains the same – till when Chinese money will flow?

I guess, it depends on Chinese government policies. If Chinese government loosen up and provide worth reasons to stay in China. If quality of life improves and people get or fell almost smililar way of living as they get in Canada, I gess that would be the tipping point for Chinese flow. But when? I think it is very hard to say while I am sitting here in Toronto and do not know much about what is currently happening in China. But based on my insight, I may say that, it might take a very long time.

However the scenaios may change a bit – instead of investing in high cost houses, chinese buyers may want to invest in condominiums or alternative mode of investments. This will impact housing prices and prices may drop down.

Nevertheless condos have their own problems and houses have their own. It depends how people think. If we see the housing market in Hong-King for example, the onebedroom condo which was about 100K ten years ago, now it is worth over one million!

Similar things might happen in Toronto too. Another thing to think about that the supply of condos is more that its current demand in Toronto area which says as per economic theory that prices will drop.

What do you think?

Please leave your comments and engage in discussions.

Have a cheerful day!

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Recommendations – May 2015

IC
  1. TSX: CM (CIBC, Canadian Imperial Bank of Commerce)
  2. NASDAQ: AAPL (Apple Inc.)
  3. NYSE: OIBR (Oi SA)
  4. NASDAQ: ATVI (Activision Blizzard Inc.)
  5. NYSE: AXP (American Express)
  6. NYSE: MA (Master Card Inc.)
  7. NASDAQ: SNPS (Synopsys)
  8. TSX: CWC (CWC Energy Services Corp.)
  9. TSX: VSN (Veresen Inc.)
  10. HKG: 0215 (Hutchison Telecommunications HK Hld Ltd.)
  11. HKG:0043 (C. P. Pokphand Co. Ltd.)
  12. HKG:1288 (Agricultural Bank of China Ltd.)
  13. BSE:507858 (Unitech Inc.)
  14. BSE: 500032 (Bajaj Hindustan Ltd.)

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