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Strategies & Market Trends : Value Investing

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From: Paul Senior4/5/2021 2:26:07 PM
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Some adds by me today.

NVO. Reentering for a tracking position. Not a value stock. I expect Novo Nordisk's continued good performance in diabetes/obesity segments.
marketwatch.com

BABA. Adding as it falls.
marketwatch.com

HOLI. Adds to my losing position. There's an insider buyout offer at about $17. The stock has languished and fallen. Now about $12.53. So nobody believes the offer will be consumated, at least not near $17.
Subtracting HOLI's ltd from its last reported big cash hoard, I get $11.08 per share. That'd make the business about $1.50/sh. (~$12.53-$11.08) Earnings on the business over the past ten years have ranged from .50/sh/year to $2.05/sh/year. Looks like TTM is $1.12. So to me, the p/e could actually be 1.5x. Too cheap for me to ignore.
marketwatch.com
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