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: E_K_S who wrote (61222)	8/16/2018 4:55:00 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78750

Fwiw, sold my SIEGY (Siemens) position today. Stock near 12-mo lows; company reported a poor quarter, and is restructuring. I've held the stock for several years, am tired of poor sales growth, low dividend. In selling, I'll redeploy funds elsewhere where maybe potential gains (capital and income) are greater.

To: E_K_S who wrote (61222)	8/19/2018 10:56:05 AM
From: Spekulatius	Read Replies (2) \| Respond to of 78750

Re ABB - Siemens (SIEGY) trades at around a 13x earnings. This is basically the German version of GE, without the accounting shenanigans. They do own a huge power generation business that’s even a collapse in print, not unlike GE’s power business, but since the balance sheet is in good shape and he remaining business isn’t throng, there really isn’t much of a problem. Just reading Paul’s post, I didn’t feel that the quarter was the weak. Power generation was weak, but that was expected. Book to Bill was 1.11x for the quarter which means that business seems to be picking up. I think the street didn’t like Siemens long term vision plan, more so than concerns about the quarter, IMO. Siemens Sales growth appears low, because they have spun off so many parts over the years (Infineon many years ago, health care was floated for a rich valuation recently) and other were restructured in JV (transportation, car supplier business). Also to note is that. Lot of their business is more annuity like (software, service) The stock is a stalwart, so I wouldn’t expect outside returns, but the discount to US industrials seems too high now.

To: E_K_S who wrote (61222)	1/12/2021 2:39:34 PM
From: E_K_S	Read Replies (1) \| Respond to of 78750

Started to add shares of IIN @ $17.35/share. This company did a secondary 8/2018 priced at $55/share. Used the proceeds to pay down debt and payoff loans on their facility. They develop & assemble medical equipment. One of their largest customers is Medtronic. ---------------------------------------------------------------- Small add to utility WEC w/ 10 year auction today and all utilities sold off >2%. Peeled off some NWL; 52 wk high and getting close to breaking SMA(200) weekly @ $24.62. Was a GN candidate but lost value for asset sales and a decrease in BV. Still could run into mid $30's if earnings accelerate after they update their product portfolio and built a more efficient inventory/distribution facility. EKS