bruwin,
HANS is most certainly not a "value" play, as is defined in the U.S.
Most value funds here seek long-term capital appreciation by investing in the equities of well-financed, well-managed companies believed to be priced below their intrinsic values.
I view HANS as more of a concept or fad stock, which is much more appropriate for an aggressive growth fund. Based on P/E and P/S ratios, HANS stock price is certainly expecting robust growth in the coming years. Is there opportunity? Yes. However, it is not clear to me that HANS has a significant competitive advantage over other beverage makers. So to me, this is a high-risk play.
HANS has certainly had outstanding returns over the past couple years. However, at this point, I do not know whether HANS would be a buy, hold, or sell here. And since I don't know, I will stay on the sidelines.
A value stock to me would be something like COP.
I encourage you to post your future purchases and sales on this thread for reference.
KJ |
