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

To: gcrispin who wrote (49511)	9/21/2012 3:03:09 PM
From: MCsweet	Read Replies (1) \| Respond to of 78752

CCM, Nice timing! I forgot anyone else cared about this. I have been selling the past few days. I wish I had waited until today :) On the positive side, the buyback continues and I believe has cleared out the large institutional sellers. So from a supply/demand of shares, I think this stock has room to run. From a fundamentals viewpoint, I like the business but there are so many cheap Chinese stocks with buybacks/dividends that this one does not look that cheap. I have sold a good chunk and keeping a few shares because of the supply/demand factor. MC PS: I no longer will consider a Chinese stock without a buyback or dividend, except maybe a blue chip like Baidu. It is basically show me the money time.

To: gcrispin who wrote (49511)	9/22/2012 3:52:21 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78752

Your pick PESI could work for me as well, gcrispin, as a reversion-to-mean play. Company has had its ups and downs with losses in '07-'08; it seems to have recovered after that. I like that: stated bv is increasing. Price to stated bv is relatively low compared to recent past years. Has a relatively very low psr. D/E is low. I see small insider buying--perhaps not significant: : insiders.morningstar.com perma-fix.com

To: gcrispin who wrote (49511)	9/25/2012 4:05:29 PM
From: gcrispin	Respond to of 78752

Since my position and interest in PESI generated some discussion, I thought I would both add and respond to some comments. Yes, this is a real company. Yes, the margins are slim. But I like to use the perspective from Nasdaq and where we look at the income statement over time. As you can see from the link, the income statement is lumpy but there is a year over year progression of it getting better. http://www.nasdaq.com/symbol/pesi/financials?query=income-statement Here is another way to compare the sector. nasdaq.com As an overview I will refer to a Crystal Equity Research piece on the company. http://seekingalpha.com/article/719641-perma-fix-innovator-in-hazardous-materials The take-aways for me is that you have a rather mundane and reasonably priced company that holds significant licenses, and patents. If their novel approach for TC-99 works out, you will have a dramatic expansion of the multiples as one will look at this as also a medical company. Below is another link to an article addressing the issue of a safer way to obtaining this isotope. http://www.nti.org/analysis/articles/what-doctor-ordered-eliminating-weapons-grade-uranium-medical-isotope-production/ As an aside, one of the reasons Iran claims they need enriched uranium is so that they can isolate medical isotopes. One of the impediments for the industry is that there have been problems at the Handford site with the DOE that has slowed processeing down. The CEO refers to this issue is the last CC, and the WSJ recently had an article about it. http://online.wsj.com/article/SB10000872396390443819404577635700925553724.html?KEYWORDS=Hanford+site If their new technology for the creation of TC-99 doesn’t work out, you still have a reasonably priced stock. In that scenario, PESI could be more valuable as a takeover target than as a company. Regardless, this a a dollar stock so obviously the market is assessing a high degree of risk and/or disinterest. However, I believe that there are certain catalysts--specifically the work to eliminate highly enriched uranium in medical isotope production--that makes this a speculative situation that is worth my investment.

To: gcrispin who wrote (49511)	2/15/2018 7:12:34 AM
From: Spekulatius	Read Replies (3) \| Respond to of 78752

No much in this thread about NGG - the GB &US Grid and regulated utility operator. somewhat weak operating results and the increased interest rates have whacked this hard price to a 3 year low, currently yielding north of 5% dividend yield. I am inclined to buy here. PE is about 15x. while higher interest rates can pressure results in the short term, there are mechanisms in place for NGG to recover the cost (rate adjustments mechanisms), but they often work with a time lag. i figure base case return is dividend yield (~ 5.2% plus rate of inflation (regulated utility rate adjustment mechanisms) and no share price appreciation, which would be 7-7.5% annually - not bad but not great either. I do think that downside is limited, unless they screw up in a big way.