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

To: Spekulatius who wrote (46707)	2/23/2012 2:18:36 PM
From: gizwick	Read Replies (1) \| Respond to of 78702

Warren Buffett just bought more shares and owns 5% now. Good article explaining the company. gurufocus.com

To: Spekulatius who wrote (46707)	2/23/2012 2:56:02 PM
From: E_K_S	Respond to of 78702

Followed you back into TSCDY (Tesco). The stock is selling below it's GN. If you use tangible Book Value, the GN is $15.82 or stated BV GN is $18.50. Per share earnings have been falling w/ analysts estimates for 2013 at $1.51. I too agree that there is hidden value in their real estate holdings which is not reflected correctly in their tangible BV especially for their Asian stores. They pay their dividend April and October and based on last year's distributions yield 4.4%. Forward PE is 10.17. Their debt profile is w/i my conservative guidelines too w/ 4x annual net income equal to their Long Term debt. My Buy today is not a tracking position but a standard full lot position that I may build upon if it continues to trade below it's GN. Other than SVU, this is the only other retailer I own, so it's a good diversified value holding for me. EKS

To: Spekulatius who wrote (46707)	5/15/2012 4:59:34 PM
From: E_K_S	Respond to of 78702

Re: Tesco PLC (TSCDY.PK) - Closed position for small gain Aurcana Corporation (AUNFF.PK) - Started tracking position Collected my TSCDY dividend and booked my small gain. With all the issues in Europe and an IMF $3.8B bond refunding coming due Friday May 18th, I felt it was easier to close the position and look to re-enter at a later date. I believe I can buy this one at a lower price (below $15.00). In the interim, I "rented" SVU @ $5.11/share today for a "value swing trade", will collect the dividend next week and feel comfortable to sell the stock on any move back to $6.00. AUNFF is a small profitable silver mine on the border of Texas and Mexico. Company has been building out one of their mines and should be in full production soon. Cost of production is less that $10.00/oz too. I posted some info up thread and SI also has it own thread. The stock finally came down to my entry price of $0.78/share so my GTC order filled for me today. This is a "pure" silver play that will complement my other natural resource stocks. The Greatest Growth Story in Silver Today (2/6/2012) dailyfinance.com EKS