Harbinger Group (NYSE:HRG)

CAPS Rating: 4 out of 5

Harbinger Group Inc. does not have significant operations. It intends to identify and evaluate business combinations or acquisitions of businesses.

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Member Avatar AnsgarJohn (99.15) Submitted: 12/3/2013 12:50:09 PM : Outperform Start Price: $11.55 HRG Score: -8.19

Harbinger Group
It's all about the cash flow. 400m on 1,6b market cap. 25% yield. Jockey Club: Falcone
End at $16

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Member Avatar chris293 (89.23) Submitted: 4/19/2013 1:19:45 PM : Outperform Start Price: $8.43 HRG Score: +12.07

The total return has increased over 60% in the last 12 months.

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Member Avatar TMFCHarris (99.55) Submitted: 8/17/2011 1:40:50 PM : Outperform Start Price: $5.12 HRG Score: +63.59

TMFDeej thinks this may be the next BRK-A. I'm intrigued enough to follow along here.

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Member Avatar IlluminatInvest (68.25) Submitted: 10/1/2010 12:24:03 PM : Outperform Start Price: $5.60 HRG Score: +37.27

Arbitrage play: now that they're doing the stock trade with Spectrum, they'll have $6.50 worth of stock + cash per share.

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Member Avatar tttchicattt (98.27) Submitted: 8/24/2010 3:44:23 AM : Outperform Start Price: $5.05 HRG Score: +46.40

tickerspy kara

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Member Avatar cibient (21.34) Submitted: 7/8/2010 1:04:24 PM : Outperform Start Price: $6.38 HRG Score: -1.41

Found this mentioned in a TMF article about cash vs. mkt cap (I have BALT). Interesting "arbitrage" play if you will, if they don't make any bone-headed moves.

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Member Avatar caballote77 (89.10) Submitted: 6/17/2010 9:28:56 AM : Outperform Start Price: $6.64 HRG Score: +1.04

trading for less than cash on b.s....

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Member Avatar Dubcut (67.76) Submitted: 3/5/2009 6:00:41 PM : Underperform Start Price: $5.81 HRG Score: +87.73

Can't trust the whole gigantic batteries that stain the earth technology. That paired with the fact it's a penny stock, scares the bajesus out of me. It's more tempting now with tax relief for alternate energies, but even then, it's not doing it for me.

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Member Avatar TheKiecker (59.32) Submitted: 7/20/2008 9:02:22 AM : Outperform Start Price: $6.93 HRG Score: +8.47

I own

BOLT how can I not buy some ZAP

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Member Avatar u2spooky (< 20) Submitted: 2/6/2008 6:20:42 PM : Outperform Start Price: $6.93 HRG Score: +13.41

book 8.36

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Member Avatar NeroSagetrade (92.74) Submitted: 1/24/2008 3:44:22 AM : Outperform Start Price: $7.11 HRG Score: +12.23

Buying Zapata Corp is just a way of getting a dollar on your 90 cents. Currently the company is valued at 136M and they have just north of 153M in tangible cash and short term cash equivalents. As someone so righteously put, this pretty much is a no-brainer. They have rid themselves of Omega Protein Corp and now are riding solo with Zap.com. As long as they continue to invest their money wisely I don't see why this isnt a perfect buffer for a volatile environment. Slow but steady the turtle always seems to win the race over the hare.

Nero

Sagetrade

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Member Avatar auminer68 (< 20) Submitted: 6/21/2007 2:45:17 PM : Outperform Start Price: $7.22 HRG Score: +18.44

ZAP is trading at about a 20% discount to its Net Tangible Asset Value... They actually have $7.93/share in CASH, no debt, and the stock is trading at $6.76. This is a no-brainer.

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Member Avatar raach (< 20) Submitted: 6/16/2007 4:28:17 AM : Outperform Start Price: $6.75 HRG Score: +38.64

getting cash at a discount.

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Member Avatar stockchallenge20 (87.89) Submitted: 1/18/2007 10:20:17 AM : Outperform Start Price: $7.20 HRG Score: +16.27

charles/chris "special pick"

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Member Avatar jericson (99.79) Submitted: 9/28/2006 8:27:29 PM : Underperform Start Price: $6.64 HRG Score: -20.54

According to http://stocksbelowncav.blogspot.com/2006/09/losing-patience-with-zapata-corp-zap.html, Zapata is selling off it's stake in Omega Protein (OME) leaving it with no operating business, but about $150 million in cash. Obviously the company could distribute the cash to shareholders by liquidating, but the company says it wants to pursue an aquisition. ZAP's stake in OME is being sold back to Omega at prices between $4.50 and $5.125 a share, even though the market price is above $6. Given the track history of this management, there's not much hope of turning a profit, much less out-pacing the market.

Results 1 - 15 of 15

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