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


To: E_K_S who wrote (62286)8/1/2019 12:00:03 PM
From: E_K_S  Read Replies (1) | Respond to of 78523
 
Re: CTVA -

Market likes these earnings and/or company continues buy back stock. +11% last $32.75/share. Hard to evaluate value as the spin off into this division has limited history.

PE & BV not much meaning until we get a few quarters of the new financials. I expected this move when it was spun off. Will add shares at/below $30/share

EKS



To: E_K_S who wrote (62286)8/1/2019 6:18:00 PM
From: Spekulatius  Read Replies (1) | Respond to of 78523
 
re CTVA - results are better than I thought and stock is up. The EBITDA guidance is effectively a guide down from their spinoff guidance, but I guess Mr Market has feared worse. I don’t own it and I don’t think it’s cheap either right now, same with DD. I keep both on my watch list. I made decent money swingtrading both DD and CTVA after the spinoff, so mo harm done.