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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (44862)1/3/2012 1:09:21 PM
From: E_K_S  Read Replies (1) of 78666
 
Hi Grommit -

Bunge Limited Bunge Limited (NYSE: BG ) - added to current position
Spectra Energy Partners, LP (SEP) - sold high priced shares for small gain

Picked up 1.5x the number of shares sold 31 days ago to replenish my inventory. According the the Graham valuation number, BG is an excellent value. The Graham No. shows fair value at $104.03/share representing 77% undervalue from the current market price of $58.70/share.

FWIW, I am still underwater on my shares bought 7/8/11 @ $71.34 but am encouraged by the Graham valuation. Hope other investors see the same value.

Sold my high priced SEP shares for a small gain and moved the proceeds into BG.

EKS
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