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


To: Bob Rudd who wrote (7010)4/30/1999 12:57:00 PM
From: Grommit  Read Replies (1) | Respond to of 78464
 
Another undervalued sector --

quote.yahoo.com

Business week article coming out tomorrow --
biz.yahoo.com

My favorite is OWN-
biz.yahoo.com

I have owned them for awhile, and have recently purchased tons more. The interesting thing is that during 1998 they made the estimates for revenue and EPS that were made in 1997. No adjustments -- qtr by qtr. And the stock stank.

I have contacted them and there are comfortable with this qtr. FFD just reported for the qtr and did fine.

thread and CC info --
Message 9245813

......
Here's part of an email I sent a friend awhile back...

I was just looking at an old report on Sunterra from Jefferies & Co. Dated 11/10/97. They had 1998 estimates at $437 million of revenue and EPS at $1.18 (Actual was $450 million and $1.20)

They had 1999 estimates at $500 million and EPS at $1.54 Present average estimates are $1.51 now. Not much change.

They had a "Buy" recommendation on 11/10/97 when the stock was at $27.75 and had a target price of $38 over the next 12 months.

Actual is that the Company hit the numbers and the stock is at $9. They have a "Strong Buy" recomendation now. All 7 analysts have a "strong buy".

Alex Brown's report dated 3/2/98 has a target price of $31, when the stock was at $19. Jefferies update on 3-13-98 has a target of $29-$38, when the stock was at $20.




To: Bob Rudd who wrote (7010)4/30/1999 1:17:00 PM
From: jeffbas  Read Replies (2) | Respond to of 78464
 
NH: Possibly, but I doubt it. Company analyst specifically told me that Q1 was going to fix inventory levels through production measures. Also, with everyone expecting a poor quarter they had no need to do something "fancy" so as to double estimates.