SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: thatsnotluck4/26/2012 10:02:23 AM
   of 1876
 
A couple of possible turnarund ideas?

the first may not exactly be a turnarund, but close. MDP had a bad quarter and has a lot of print media, which of course may be going the way of the horse and buggy. Decent dividend (over 5%) and a history of increasing same each year (although last increase was larger than normal, so i expect they may hold it at its current level for a couple of years rather than increasing it). they have some TV stations and recently acquired an internet recipe company. i suspect they need acquisitions to offset declines in print media if they wish to grow. they have several obscure publications. i have heard of a couple of them, but not familiar with them -- things like ladies home journal and better homes and gardens i think are owned by them.

the second is definitely in the turnarund or die category -- ALU. i initiated a starter position this morning. could not find the earnings release yet, so need to look at that a bit more. underlying business is struggling, although they turned a profit by selling a sub this quarter.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext