Thomson Reuters PLC ADR (TRIN)
Recs
1/30 in Publishing -(70.5 @ A+/A+)
Recs
Undervalued by a significant margin, the value will out as they get their act together.
Recs
New 52 week low. Double down on losing position.
Recs
Information is priceless, but these guys have managed to make it only marginally valuable. EPS is simply pathetic. All the valuation metrics are off the charts (in a bad way). This thing needs to be cut in half, and then in half again before I can even comment further. Thumbs down.
Recs
With the recent merger Thomson Reuters claims a bigger market share than Bloomberg. The secret here is the hidden business in Thomson that being West Publishing. West was part of Thomson before the merger and is "the" legal publisher in the industry. Bloomberg has been trying to inch it's way into the legal market to expand market share - but they're going to be destroyed by West. West's products are far better. Thus Bloomberg will lose in that market, losing some expansion. Not to mention Westlaw China just opened up - an untapped legal market. West will carry this company a LONG way - and I'll bet those earnings will offset any recessive impacts in the financial information market.
Stop thinking of this company as solely a financial information provider - they're a global information company with a diverse array of information businesses. The stock is undervalued at the moment because everyone thinks in those old terms.
This stock is set to pop.
Recs
Buy low sell high. EPS will increase nicely next year so I can wait.

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