Comments on: Tickers for the Latest Portfolio Reshaping

By: DaveinHackensack

DaveinHackensack — Mon, 07 Dec 2009 02:03:20 +0000

Sold DSNY at .45 last week, after buying some more at .305 a few weeks ago.

By: MLS

MLS — Mon, 26 Oct 2009 03:56:42 +0000

Have you seen DEG instead of SWY?
Extremely able operator. Some currency diversification as well. I’d like to know your thougts.

By: DaveinHackensack

DaveinHackensack — Wed, 09 Sep 2009 20:31:41 +0000

Not that I predicted any short-term bumps for any of these three stocks, but another company I mentioned above, USEG, closed up 20% today. AYSI.OB was up another 10%, on top of its huge gain yeserday, and DSNY.OB was down about 8%. I may add more to DSNY.OB if it’s down tomorrow.

By: DaveinHackensack

DaveinHackensack — Tue, 08 Sep 2009 23:18:43 +0000

Another update: AYSI.OB endued up closing up 154%+ today.

Anyone else have stock ideas to share here besides David?

By: DaveinHackensack

DaveinHackensack — Tue, 08 Sep 2009 14:43:24 +0000

Just a quick follow up: one of the three companies I mentioned above (AYSI.OB) is up about 100% today on news that it landed a huge long-term contract to supply its proprietary product to BHP Billiton. I noted this in a blog post earlier today, "The Power of a Positive Press Release".

By: CP

CP — Mon, 07 Sep 2009 05:34:53 +0000

Next time, would you mind maybe posting these as a table with columns for company name, industry, enterprise value, EV/EBITDA?
Or, if you have these as an xls, would you mind emailing me? I would like to go over them myself.

By: DaveinHackensack

DaveinHackensack — Fri, 04 Sep 2009 14:28:12 +0000

Three stocks I currently own but am feeling more bullish about recently (and may buy more on dips) are USEG, AYSI.OB, and DSNY.OB. The first one is a diversified natural resources company with solid prospects in a number of areas, ranging from molybdenum (a longer term prospect for it), geothermal, uranium, and oil. It had a large pile of cash from selling most of its uranium assets at the top of the market a couple of years ago, and it just put a chunk of that cash to work in a deal in the Bakken field, with an E&P there that was pressed for cash and time. That deal has the potential to make the company profitable next year, which will give it the luxury of patience while some of its longer-term prospects play out.

The second company, AYSI.OB is based in Australia and sells a best-of-breed wear plate made with a proprietary process to the mining industry. This plate coats bulldozer blades, truck beds, etc., and reduces equipment wear and downtime while increasing efficiency (less ore adheres to the surface of it, so more ore can be processed in one pass). It has sold this material successfully to blue chip mining companies in Australia, and now has a thicker version of it to sell. It took a loss last quarter, but it also announced a sale about 6x as large as that loss, which wasn’t reflected in the quarterly numbers. That sale should return it to profitability next quarter. The CEO of this company still owns most of the company, and runs it very conservatively, financially speaking.

The third company, DSNY.OB, is a Canadian tech company that developed a proprietary system to let record companies electronically distribute new singles while watermarking them, limiting delivery to specified recipients, etc. It has deals with most of the major record labels now, and finally turned a profit last quarter. This one’s a little more speculative, but I think it may have turned a corner on profitability now.

I’ve written more about those on my blog, if you want to take a look. I’m guessing they might be too small for your purposes, David, but perhaps not for some of your readers.

BTW, can you tell us your question for Warren Buffett or is that just between him and you?