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

To: sjemmeri who wrote (61479)	11/22/2018 11:32:38 AM
From: Spekulatius	Respond to of 78750

Added COTY today. Its down a lot since past discussion here. Lots of recent insider buying including new CEO. New CEO means a lot of house cleaning. This company has serious issues, as a lot of earnings power has evaporated after the merger (the EBITDA of the combined company is a quite a bit lower than they of the individual companies before the merger). I would and wait until the new CEO proves himself competent and has worked though a good part of hr housecleaning chores, which always end up more difficult and expensive than initial envision, based on my experience (just look at GE for a recent example).