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

To: E_K_S who wrote (73992)	10/16/2023 9:19:44 PM
From: E_K_S	Respond to of 78498

Probably time to add to current position Macy's: Still Being Dumped On $2.8 Billion Market Cap; 6% div; 0.72 Debt/Equity; 3.36x PE selling at 0.7x BV Macy's continues to collapse despite the long-term potential of the business and value of the real estate assets providing the opportunity for shareholders. Find out why M stock is a Buy. Macy's lists 719 store locations as of July 29, down slightly from the 726 listed at the end of 2021. The company owns the majority of these locations, especially the Macy's and Bloomingdale's locations, in high-quality A malls. Takeaway: The key investor takeaway is that Macy's is absurdly cheap trading below 4x EPS targets while the department store retailer has multiple investment firms and analysts valuing the real estate assets at prices of at least double the current market cap. The stock isn't likely to turn higher until the sales quit dipping and analysts forecast a small dip in sales next FY. Ultimately though, Macy's has strong EPS potential in the $3 to $4 range and real estate assets worth far in excess of the current market making the stock at $10 an absurd bargain.

To: E_K_S who wrote (73992)	10/20/2023 2:45:38 PM
From: E_K_S	Read Replies (1) \| Respond to of 78498

Re: Kohl's Corp(KSS) - just an observation Been swing trading KSS +2.03% and +18% last 5 days. I wonder if there may be another Private Equity offer (over weekend). Only 18 months ago BOD turned down $64/share by Starboard Value LP So is this 'Value' Investor stupid for not booking my 20% gain over last 10 days? I still think fair value is North of $35/share. 1/24/2022 Kohl’s, target of activist investors, gets a buyout offer On Saturday, the retailer received an unsolicited $9 billion bid to go private from a consortium backed by an activist investor, according to published sources. The hedge fund, Starboard Value LP, offered to buy the department store chain for $64 a share in cash, The New York Times and The Wall Street Journal both reported.