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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (45646)	11/23/2011 4:04:25 PM
From: E_K_S	Read Replies (2) \| Respond to of 78523

Magnum Hunter Resources Corp. (MHR) Upped my E&P stock MHR by 15%. Got in at the same price I paid in 10/2010. 8,500 BOPD is worth $4.25/share. Their Midstream Bus is free at this price. EKS

To: Paul Senior who wrote (45646)	11/23/2011 6:15:17 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78523

I am adding to MET again at 27.8$ and 28$ in both my taxable account. I also bought back some MAN3.DE (truck manufacturer) last night. Right now I am roughly 50% invested. As for MAN, I liked what i saw in the last quarterly report for the 9/30/11 quarter - they are on track to make about 6 Euro/share and they have a significantly growing business in Brazil. Furthermore, i expect Volkswagen which owns a bunch after a tender offer at much higher prices) will be buying more shares. However one needs to consider that the German takeover law which allows Squeeze-outs mergers (look it up in google) is not as shareholder friendly as in the US, so YMMV. I think we will get some Black Friday (should probably be Red Friday <g>) buys in the stock market and I somehow doubt that what we have seen so far was it.

To: Paul Senior who wrote (45646)	1/27/2012 3:01:05 PM
From: E_K_S	Read Replies (2) \| Respond to of 78523

New York Community Bancorp, Inc (NYSE: NYB) - started small position Honeywell International Inc. Co (NYSE: HON) - closed out position Corning Incorporated Common Sto (NYSE: GLW) - added more shares based on the discount to their calculated GN. Started a small position in NYB. Stock goes ex-dividend 2/3/2012 which yields 8%. Looking to use this stock to park some funds, collect the dividend and maybe will see a small capital gain over the next 6-8 months. Closed out my HON shares originally purchased 10/8/2008 around $35.00/share. Based on today's price, the stock is selling 57% above it's Graham No value of $37.06. When I originally purchased the stock it was selling at a discount to it's GN. The dividend yield was dropping too, now only yielding 2.5%. I am putting 50% of the proceeds from my HON sale into GLW, a position I continue to add to at these levels. GLW has a Graham No. value of $22.93. At the current price, GLW is selling at an 83% discount to this value at $12.55/share. Stock also pays a 2.4% dividend. GLW's BV has increased each year over the last 5 years. One must be careful with the reported BV numbers on the Yahoo Finance site. I have noted several instances where the number was overstated. On the ADVFN site they also state the tangible BV which is the better number to use when calculating the GN. (NOTE: HON has a -$3.01/share tangible BV probably as a result of their recent acquisition(s) and the goodwill they paid in their transaction). EKS