HRI, PK, Cars.com and CONE Updates
The quarterly reporting season is over, so the volume of updates has narrowed. Still, I try to keep you updated on the portfolio companies so here’s a bunch of updates from the past two weeks….
Articles by Yinon Arieli
Riviera Resources sales Hugoton properties for $295 million
Riviera Resources (RVRA) is one of the disappointing stocks in the portfolio. The company has a stable gas and oil Upstream activity from large, long-lasting, reservoirs, which generates significant positive cash flow, and in addition…
Buy GrafTech (EAF): A deeply undervalued graphite electrodes producer
Today I bought the graphite electrodes producer GrafTech (EAF), at an average price of $11.87 at 5% of the portfolio value. This is a medium-level risk investment with tremendous upside (my target price is $24…
NN Group interim dividend distribution
NN Group, again, allows us to receive the interim dividend in cash (about 0.76 euro per share) or by receiving new units from the share at the same value (Ex-date is on August 19th). As usual, the…
CyrusOne jumps after exploring a sale
According to Bloomberg’s report on Friday, the data-centers provider CONE apparently received a bid to acquire the company’s operations, and the stock soared. Among the entities mentioned are giants such as KKR & Co., Stonepeak…
Does the stock market really need to cool-down?
Once again we are experiencing a period of market declines. Not easy, especially when you know that your portfolio is composed of shares of high-quality companies that trade deeply below their fair price, both absolute…
RVI and EBIX Q2 2019 summary
Retail Value: The liquidation process continues successfully RVI continued to sell assets during the quarter in accordance with its liquidation plan. So far, the company has been able to realize only commercial centers located in…
VOYA and BHF Q2 2019 – Growing and improving
It’s frustrating to see a share goes down after the company publishes a relatively good financial report. But this is the probable nature of the new investment era – investors read only the headlines and…
Vistra Energy and CONSOL Energy Q2 2019 results summary
Vistra Energy: Strong growth continues despite pressure on energy prices The electricity producer VST continues to grow and diversify its operations. Sales grew 10% and adjusted EBITDA increased 6.6% to $707 million. During the quarter,…
Stocks fall as US-China trade war worsen
The tension between the US and China has risen again. This time, the Chinese president has made a significant depreciation at the Yuan rate in response to Trump’s threat to impose tariffs on more goods…