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

To: E_K_S who wrote (60295)	3/1/2018 9:21:46 AM
From: E_K_S	Read Replies (1) \| Respond to of 78752

B&G Foods, Inc. (BGS) - 30% add to current position @ $27.65/share Weyerhaeuser Company (WY) - starter position @ $35.12/share PPL Corporation (PPL) - starter position @ 29.45/share IntriCon Corporation (IIN) -starter position @ $18.40/share Neptune Technologies & Bioressources Inc. (NEPT) added to position @ $2.43/share Above are my recent Value & GARP Buys I added to BGS based that the stock sold off to new multi year lows on reduced revenue forecasts (only a modest change from previous guidence). Hidden in their report was their use of FCF that (1) shows they generate more than sufficient cash flow from operations to fund CapX AND (2) pay their dividend now yielding 6% (about 65% ROC) AND (3) paying down debt by $125mln and maybe more in the years ahead. This is critical to my buying the shares as in 9 years at this rate (and management shows this is important), debt levels will be well below the Buffet standard of 4x Net Income = Long Term debt. WY has been structured as a REIT and pays a 3.5% div w/ modest growth from their diversified operations. I like that the company holds a lot of Timber assets in U.S. & Canada (from merger w/ Plum Creek). Their diversified operations process timber for finished wood and corrugated box division (a growth area). They also own more than 1,000 oil and gas producing wells so you get some exposure to those resources and revenue streams. Started a position in PPL to add to my utility basket. Company pays a 5.5% dividend and has stated that revenue growth s/d be 5% next two years. IIN is one of my new GARP plays. They manufacture hearing aids and could disrupt the industry once it is deregulated w/ their online direct to consumer business w/ a new next generation product. Bought back shares I sold at $3.35/share for NEPT. This may/could change into a GARP stock w/ their Canadian marijuana oil products. Company is still waiting from the Canadian government and has partnered w/ distributors. They have the manufacturing plant to produce the oils that was previously used in their Krill Oil business (that patent sold to a China investor). Company has over $1.00/cash from that sale as they pivot the company into the marijuana business. The value theme to my Buys are dividend stocks w/ underlining value (from assets owned) and modest growth. EKS