Wednesday, 23 February 2011

Janney Montgomery Scott - GMCR

"the firm continues to believe the stock will reach the $50/share level by September and $62/share in twelve months" -February 18, 2011 - Mitchell Pinheiro re: Green Mountain Coffee

Just do the opposite, these guys have a knack for not only getting it wrong, but really really wrong.

Wednesday, 16 February 2011

Liz Claiborne, Inc (LIZ)

Liz Claiborne is due to report results on Thursday 17th February 2010. Current valuation on $3bn of sales is some $480m. This is very cheap given their brands and potential for revenue growth.

The main issue I have is the incompetent Chief Executive Officer, William L. McComb . Since he took office he has destroyed around $3-4bn worth of value in this company, whilst also earning $10-15m in the process. During the downturn he did not pro-actively cut costs and the company continues to leak money. He is unable to manage this company because he is incompetent.

I will be watching for his departure. A more competent leader can take the helm and turn this company around.

The brands this company has are superb however the current board particularly the CEO have destroyed the value of the company.

Wednesday, 2 February 2011

GMCR - Green Mountain

Stunning Sales but have they been giving the coffee away for free ? Look at all the discounts.  No wonder they made $2m on increased sales compared to last year same quarter's $10m

  • Now $2.50 off K-Cup boxes & $1 off coffee bags
  • Receive 24 K-Cups per box when you order online, more per box than buying locally
  • Choose from over 120 varieties of all your favorite brands: Green Mountain Coffee, Tully's, Newman's Own Organics and Caribou
  • FREE standard shipping when you purchase 4+ boxes of K-Cups
  • Save $3 on your K-Cup boxes when you reach Platinum Status
  • Change your order, adjust the delivery schedule, and check your current order status - all online!
  • Information on new & upcoming products
  • 10% off gift baskets, brewers and accessories
  • No fees, no cost to join, cancel anytime without penalty

About Me

I try and work a broadly market neutral strategy and based purely on fundamentals and my gut feel.