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

To: E_K_S who wrote (62098)	6/10/2019 3:54:31 PM
From: E_K_S	Read Replies (1) \| Respond to of 78525

Upped my CTVA position by 35% w/ a BUY at $25.25/share. Stock is undervalued based on EPS estimates. I found that Schwab has an alert feature when new analyst reports are issued and find that CTVA is getting more coverage and large range on 2019 EPS ( $1.10 to $1.60). Will set up next BUY at/below $25.00/share or if EPS estimates change by 10%. Analyst reports still show nice div based on 35% distribution of EBITDA (I heard 43% in an early conference call). In both cases yield s/d be at/near 4% but changes based on EPS booked. ---------------------------------------------- Also was looking at analysts update for UNFI, a more difficult analysis as the SVU write downs are a moving target and impact current EPS. My take away was quite positive if/when normalized earnings settle in (after retail SVU CUB stores sold, margins stabilize, and growth kicks in w/ new warehouse capacity). GN calculation based on $1.20/share EPS is now around $25/share. Low Risk reward w/ the stock priced at $10.50/share. Consolidation may/could take longer and we may see a few write downs (some discussion on discontinued operations and related charges). The SVU acquisition disrupted their solid balance sheet but was necessary to expand their warehouse capacity and regional distribution foot print. So, very positive on both of these stocks; CTVA and UNFI. My two largest 2020 bets. Good investing EKS