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

To: Paul Senior who wrote (61808)	3/14/2019 1:36:46 PM
From: Wallace Rivers	Read Replies (1) \| Respond to of 78715

Anyone with insight into TLRD? According to guru focus, Mike Burry owned the stock as of 2/14.

To: Paul Senior who wrote (61808)	3/14/2019 6:44:15 PM
From: Spekulatius	Respond to of 78715

SENEA. Over the decade I've been in and out three or four times with satisfactory results all but once. So trading sardine? Possibly so. Value trap? Not sure. Lousy business, subpar returns, poor history, etc.? Yes, surely. Future does not seem any better. I recall a few of you traded. It seems possible to buy in the low twenties and sell in the high twenties for a couple of times.However, there is no guarantee that this will work in the future. I could well envision that investor will wise up on this go - nowhere stock that does not pay a dividend and the stock will trade lower, or won’t go up as far any more. In any case, a lot of stocks can be used as trading sardines, even those that may be worthwhile to hold on to.

To: Paul Senior who wrote (61808)	6/17/2019 1:35:12 PM
From: E_K_S	Read Replies (1) \| Respond to of 78715

Seneca Foods Reports Sales and Earnings for the Quarter and Year Ended March 31, 2019 Seneca Foods Corporation ( SENEB) today announced financial results for the fourth quarter and year ended March 31, 2019. Highlights (vs. year-ago, year-to-date results): Net sales increased 3.2% to $1,199.6 million.Gross margin percentage from continuing operations decreased from 7.0% to 3.3% as compared to the prior year twelve months. Cost increases and a $40.5 million LIFO charge all contributed to the lower gross margin percentage.The Company has applied discontinued operations treatment as related to its Modesto operations.Net earnings from discontinued operations increased by $60.8 million as compared to the prior year. Included in the year ended March 31, 2019 discontinued operations earnings was a $24.2 million pre-tax non-cash gain as result of the Modesto LIFO layer liquidation and a pre-tax cash gain of $56.4 million on the sale of the Modesto plant and equipment.“Fiscal year 2019 was challenging for a variety of reasons. We exited some unprofitable business operations and cut future costs with strategic plant rationalization. The operating loss from continuing operations of $38.1 million included a non-cash pre-tax LIFO charge of $40.5 million. We were able to offset these losses with gains primarily from the sale of assets. We are looking forward to an improved year ahead,” stated Kraig Kayser, President and Chief Executive Officer. -------------------------------------------- Missed that earnings were out 6/14/2019 and noticed some one time write downs w/ discontinued operations. Could be next report is good (and clean) w// no more write downs. Stock +8.85% seems like a delayed reaction to earnings. SMA(200) at $28.85/share where I will probably let a few shares go. EKS

To: Paul Senior who wrote (61808)	6/19/2019 12:28:39 PM
From: E_K_S	Respond to of 78715

Closed out my trading position in SENEA @ $27.26/share and rolled the proceeds into BGS @ $ 22.43/share. Hade a small profit in SENEA and wanted to capture the $0.47/share dividend in BGS next week. Both are AG plays but BGS a dividend payer and has a path to future growth w/ recent acretive acquisition. FWIW, no change to the AG basket other than BGS now a top position in portfolio at position No. 7. EKS