Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (54379)	10/7/2014 8:20:39 AM
From: E_K_S	Respond to of 78627

Agco shares tumble after lowered profit outlook NEW YORK (MarketWatch) -- Shares of Agco AGCO, +1.42% tumbled 7.6% in premarket trade Tuesday, after the agricultural equipment company cut its profit outlook for the year because of weaker-than-expected demand. Agco cut its full-year outlook to $4.10 to $4.30 a share from a previous target of $5 a share. The revised outlook includes restructuring and other expenses. Agco expects third-quarter per-share earnings of 60 to 65 cents, which also includes a 15-cent benefit for reversing previously recorded long-term stock compensation expense. "During the third quarter, we experienced weaker than anticipated levels of demand and are responding by making more aggressive cuts in production schedules and expenses," said Chief Executive Martin Richenhagen. The stock has gained 4% since closing at a near two-year low of $45.31 on Oct. 1 through Monday, but was still down 20% year to date, compared with a 6.3% gain in the S&P 500. I have a small order to start a position too at/below $40.00/share. I have a concern about their Non US exposure especially as many of these markets are still having limited growth and there is talk about deflation possibilities. India is the wildcard since AGCO has good exposure there. EKS

To: Jurgis Bekepuris who wrote (54379)	10/28/2014 4:24:21 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78627

Regarding positions we hold or have held in common: I've added now to my WLP position. (Just a small amount to a small position.) Also, recently added a bit to DRAGF. Regarding TPCA, I still hold my tracking shares, although my opinion same as yours: "..it's not clear if TPCA businesses elsewhere outweigh the AC issues. Stock is holding up, but I wonder if market does not see the issues yet." I continue to hold shares in JPM, WDC, GLW, couple others. finance.yahoo.com

To: Jurgis Bekepuris who wrote (54379)	11/11/2014 12:40:34 AM
From: Jurgis Bekepuris	1 Recommendation Recommended By Spekulatius Read Replies (3) \| Respond to of 78627

My top (>2%) positions in no particular order: JPM, MGDDY, MHNC, SPND, LMCA, WDC, BKLN, CF, GLW, MKL, DRAGF, BRKB. In: Out: Fixed income: ~16% Cash: ~19% New positions: EVC, DVDCY Positions increased: SPND, PGN, TPRE, DISCA Positions reduced: INGR, MBNC, DE Positions eliminated: AITPF, BK, TDF, CMI, EMC Flip-flop: With market volatility, my portfolio also saw some activity. I can't say the activity was very positive though. Most of the purchases and sales continue to be small sum thrashing around. All this while trying to find some interesting place to put the money in or a position to remove the money from. Exploratory new positions in EVC and DVDCY - neither stock is cheap. Bought more SPND and PGN as oil continues to flounder. Bought some TPRE as valuation is somewhat attractive. Bought some DISCA on continued decline. Sold remaining AITPF on valuation. Sold CMI on valuation. Sold TDF after holding for a long time and losing my belief in this fund and its manager. Sold BK - my lower conviction bank holding. Sold EMC - my low conviction tech holding. Sold some INGR and DE - low conviction, continued headwinds. Sold some MBNC - possibly mistake on this microcap. Overall, there are positions in my portfolio that I like, but there's a lot of stuff that I am unsure about. I might do some house cleaning soon. We'll see. The market is high and there are very few attractive stocks. I continue to hold quite a bit of cash and fixed income and continue to underperform SP500. Also posted on my blog buffettstocks.blogspot.com My SI subscription is expiring soon. I don't think I will renew and I will not tolerate the ads, so it might be that I won't participate much here after December. Will try to let you guys know beforehand.