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

To: Paul Senior who wrote (58751)	12/19/2016 3:36:36 PM
From: E_K_S	Read Replies (1) \| Respond to of 78752

American Railcar Industries, Inc. (ARII) Looks like Ichan sold his interest in rail-car manufacturer ARII. Icahn to Sell Rail Lessor to Sumitomo in $2.8 Billion Deal At the current price of $47.49/share, GN valuation is now only 2.24% undervalued. I probably s/d sell position (only bought it 1st wk of November 2016). Will hold my smallish position for now. Nice to see that Icahn's value buy found a buyer. Look's like a Japanese bank. EKS

To: Paul Senior who wrote (58751)	12/19/2016 6:35:49 PM
From: Keith J	Respond to of 78752

I bought HBI shares in my mom's account this morning. [disclosure, I sell covered calls in this account to enhance returns and generate income] KJ

To: Paul Senior who wrote (58751)	1/3/2017 5:14:52 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78752

Hanesbrands (HBI). I punch up my position. Company seems like it should be a flat growth business that does okay if it can continue to maintain its share of the underwear market. Company business ought to be safe enough. Otoh, competitor Fruit of the Loom went bk in about 2001, and now it's a Buffett company. (And so has access to Buffett/Buffett capital.) As I view the situation, it doesn't seem to be a complex business (like tech/biotech/financals), but it's a business where size is important (for low mfg/distn costs). Right now there's not much danger of a lot of permanent downside to the stock, and there's a good chance for some reversion-to-mean. Kind of a Monish Pabrai stock. Maybe.