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portefeuille (99.66)

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April 11, 2010 – Comments (8)

This will be the second round of my revisits of the calls I have made here. The first round is not finished yet, so far I "covered" the ones made in 2009 (see here).

If you want to "follow" my calls (still not sure that is a good idea, but I think it might be) you should follow that list, the calls I make via my 12 "caps" game players (some statistics are here) and my virtual fund (currently in the green by around 8.02% pre "commission&fees" (c&f) and by around 7.96% post c&f (see here)).

8 Comments – Post Your Own

#1) On April 11, 2010 at 2:11 PM, portefeuille (99.66) wrote:

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#3) On February 18, 2009 at 12:41 AM, portefeuille (99.97) wrote: TSCM - 2.57 - outperform

#1054) On March 08, 2010 at 3:09 PM, portefeuille (99.97) wrote: TSCM - end outperform - 3.72 - new rating: market perform

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(from here)

 

TSCM closed on 04/09/10 at $3.695. 

 



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TheStreet.com, Inc. Reports Fourth Quarter and Full Year 2009

 

I think it is alright to have a few TSCM shares but it is a rather boring stock.

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#2) On April 11, 2010 at 5:16 PM, portefeuille (99.66) wrote:

#4) On February 20, 2009 at 10:51 AM, portefeuille (99.96) wrote: MSO - 2.33 - outperform

#722) On August 19, 2009 at 12:26 AM, portefeuille (99.96) wrote: MSO - end outperform - 4.17 - new rating: market perform

#760) On August 28, 2009 at 8:02 PM, portefeuille (99.96) wrote: MSO - end market perform - 6.99 - no new rating

MSC closed on 04/09/10 at $6.10.

nothing to add to my comment #4 here.

 

#5) On February 23, 2009 at 7:15 PM, portefeuille (99.97) wrote: NOVL - 3.27 - outperform

#1045) On March 02, 2010 at 4:51 PM, portefeuille (99.97) wrote: NOVL - end outperform - 6.16 - new rating: market perform

#1069) On March 21, 2010 at 2:53 AM, portefeuille (99.97) wrote: NOVL - end market perform - 5.64 - new rating: outperform

NOVL closed on 04/09/10 at $5.89.

 

Novell's Board of Directors Rejects Elliott Associates' Unsolicited, Conditional Proposal as Inadequate

Why doesn't IBM just buy Novell already?

What's next for Novell now that it owns Unix?

also see comment #5 here.

I still like NOVL and someone should indeed buy them ...

 

#6) On February 24, 2009 at 7:42 AM, portefeuille (99.97) wrote: CDE - 0.81 - outperform

split adjusted that is $8.10.

CDE closed on 04/09/10 at $17.44.

Coeur Provides Positive Update on Its Three New Mines

CDE is still one of my favourite silver stocks.



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#3) On April 11, 2010 at 6:47 PM, TSIF (99.96) wrote:

I almost missed this blog...it actually has a title..... :)

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#4) On April 11, 2010 at 11:23 PM, portefeuille (99.66) wrote:

if you are surprised you have missed quite a few, hehe ...

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#5) On April 12, 2010 at 8:24 PM, portefeuille (99.66) wrote:

#7) On February 24, 2009 at 1:51 PM, portefeuille (99.97) wrote: EMC - 10.78 - outperform

see here and here. EMC shares and long-term call options on EMC are my largest positions.

 



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#8) On February 24, 2009 at 2:44 PM, portefeuille (99.97) wrote: FACT - 6.65 - outperform

#1090) On April 12, 2010 at 8:05 PM, portefeuille (99.97) wrote: FACT - end outperform - 26.97 - no new rating

 

Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech

 

#9) On February 24, 2009 at 4:00 PM, portefeuille (99.97) wrote: NG - 2.70 - outperform

#920) On December 23, 2009 at 5:56 PM, portefeuille (99.97) wrote: NG - end outperform - 6.58 - new rating: market perform

#1068) On March 18, 2010 at 2:31 PM, portefeuille (99.97) wrote: NG - end market perform - 7.52 - no new rating

NG closed on 04/12/10 at $7.69.

 

#10) On February 27, 2009 at 8:50 AM, portefeuille (99.97) wrote: C - 1.40 - outperform

C closed on 04/12/10 at $4.64.

 

#11) On February 27, 2009 at 9:23 AM, portefeuille (99.97) wrote: RBS - 6.71 - outperform

RBS closed on 04/12/10 at $13.81.

 

#12) On February 27, 2009 at 9:56 AM, portefeuille (99.97) wrote: IO - 0.94 - outperform

#500) On May 13, 2009 at 1:23 PM, portefeuille (99.97) wrote: IO - end outperform - 2.59 - no new rating

IO closed on 04/12/10 at $5.42.

 

#13) On February 27, 2009 at 9:59 AM, portefeuille (99.97) wrote: MBI - 2.90 - outperform

#755) On August 27, 2009 at 1:19 PM, portefeuille (99.97) wrote: MBI - end outperform - 6.01 - new rating: market perform

MBI closed on 04/12/10 at $8.10.

Judge dismisses most of MBIA's suit vs Merrill

 

#14) On February 27, 2009 at 10:01 AM, portefeuille (99.97) wrote: CAPS - 0.50 - outperform

CAPS closed on 04/12/10 at $0.84.

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#6) On April 13, 2010 at 2:31 AM, portefeuille (99.66) wrote:

#15) On February 27, 2009 at 10:08 AM, portefeuille (99.97) wrote: AER - 3.30 - outperform

#585) On July 13, 2009 at 6:00 PM, portefeuille (99.97) wrote: AER - end outperform - 6.42 - no new rating

AER closed on 04/12/10 at $12.89.

 



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AerCap and Genesis Lease Complete Merger in an All Share Transaction

AerCap Has Become the World's Leading Independent Aircraft Leasing Company With Total Assets of Approximately $8 Billion

Press Release Source: AerCap Holdings N.V.; Genesis Lease Limited On Thursday March 25, 2010, 8:34 am EDT

AMSTERDAM and SHANNON, Ireland, March 25  /PRNewswire-FirstCall/ --AerCap Holdings N.V. ("AerCap") (NYSE:AER - News) and Genesis Lease Limited ("Genesis") (NYSE:GLS - News) announced today the completion of their amalgamation, previously announced on September 18, 2009, under which Genesis shareholders will receive one AerCap ordinary share for every Genesis common share they owned.

Under the amalgamation, Genesis became a wholly-owned subsidiary of AerCap and its shares ceased trading at the New York Stock Exchange.  AerCap's CEO Klaus Heinemann and CFO Keith Helming will lead the combined company, which has retained the name AerCap. Three directors from Genesis will be nominated for election to the Board of Directors of AerCap at the 2010 annual general meeting to be held in May 2010.  

Based on Genesis' balance sheet, the transaction has a value of $1.76 billion and, based on the closing stock price for AerCap Holdings N.V. ordinary shares on Wednesday, March 24, 2010, the share-for-share consideration has a value of $10.83 per Genesis ADS (each ADS representing one Genesis common share). As of March 25, 2010, Genesis shareholders own approximately 29% of the combined company.

...

AerCap's CEO Klaus Heinemann commented, "The merger has strengthened our ability to expand our leading market position at a time when we see clear indications of increasing market recovery. This powerful combination, together with the enhanced cash generation capabilities of our combined companies, will enable us to pursue considerable further growth for the benefit of our shareholders. AerCap is now the world's leading independent aircraft leasing company, with a strong franchise, a worldwide market reach, and a young, fuel-efficient portfolio with approximately $10 billion in book value including our contracted aircraft orders."

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The combined company has total assets of more than $8 billion, and boasts a lease portfolio currently valued at nearly $7 billion. AerCap also has $3.6 billion of lease assets under purchase contract, ensuring further growth with new, fuel-efficient aircraft.  

AerCap's total portfolio includes 345 commercial aircraft and 92 engines that are either owned, on order, under contract or letter of intent, or managed. The average age of its owned aircraft fleet is 6.2 years.

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I still like AER.

 

#17) On February 27, 2009 at 10:51 AM, portefeuille (99.97) wrote: HIG - 6.20 - outperform

#625) On July 30, 2009 at 2:34 PM, portefeuille (99.97) wrote: HIG - end outperform - 16.95 - new rating: market perform

HIG closed on 04/12/10 at $27.89.

 



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The Hartford Outlines Customer-centric Strategy at Investor Meeting

 

Well, as I wrote in comment #23 here HIG is "just another boring insurance company stock again. I still like it."

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#7) On April 13, 2010 at 2:57 AM, portefeuille (99.66) wrote:

#18) On February 27, 2009 at 3:01 PM, portefeuille (99.97) wrote: PAH3.DE - 41.73 (32.87 EUR) - outperform

Porsche closed Xetra trading on 04/12/10 at around 45.35 EUR, so the share price is still (or rather "again") close to where it was when I made my recommendation on 02/27/09.

Porsche preferred shares (PAH3:GR) are on my "list of current favourites" and a small position in my virtual fund as are preferred and ordinary shares of Volkswagen (VOW3:GR and VOW:GR).

Porsche in Frankfurt trading.



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#19) On February 27, 2009 at 3:08 PM, portefeuille (99.97) wrote: BAC - 4.02 - outperform

BAC closed on 04/12/10 at $18.66, so that has obviously been one of my better recommendations. I still like BAC.

 



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#8) On April 13, 2010 at 3:34 PM, NYCFOOLIO (< 20) wrote:

Port,

 

Do you like IDT? Still add to it at current prices?

and in general, what 5 stocks (in order of favoritism) would you recommend researching and buying at current prices? (stocks traded on NYSE). Thanks

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