JustMee01’s Activity

Thu Jul 11

NL

Boards Post

JustMee01 replied to the Value Hounds board. 10:28 PM

Re: Alliance Data Systems (ADS)

Hi Mike,

Thanks for the reply. That's a lot of homework you laid out. I'm not sure I'll be able to get it all done until this weekend...

I've been looking over ADS' capital structure and I think I've wrapped [more]

Wed Jul 10

NL

Boards Post

JustMee01 replied to the Value Hounds board. 10:25 PM

Re: Alliance Data Systems (ADS)

Just realized going through the recent 8-Ks:

ADS redeemed the 2021 Senior Notes ($500 million) in full. They aren't callable, but can be redeemed at a premium to par. I didn't realize that they were redeemable at a premium but not [more]

NL

Boards Post

JustMee01 posted to the Value Hounds board. 12:23 PM

Alliance Data Systems (ADS)

Alliance Data Systems


Description:

Alliance Data Systems is a marketing and credit card services company. It is a global provider of data-driven marketing and loyalty solutions serving large, consumer-based businesses. [more]

Wed Jul 3

NL

Boards Post

JustMee01 posted to the Value Hounds board. 9:42 AM

Aflac (AFL)

My take on Aflac. Comments appreciated...

AFLAC (AFL)

Description:

Most people know AFLAC. The Columbus, GA insurer is synonymous with its Duck that pitches insurance that pays you cash when you miss work. AFLAC [more]

Sat Jun 22

NL

Boards Post

JustMee01 replied to the Value Hounds board. 10:56 PM

Re: Paychex (PAYX)

Rich,

After considering your thoughts, I tried a few different scenarios. The only way to get the model to approximate current levels is just as you said.

First, the discount rate needs to come down from 10%. After snooping around [more]

NL

Boards Post

JustMee01 replied to the Value Hounds board. 4:28 PM

Re: Paychex (PAYX)

Rich,

Good points. I've tried to use IV approaches in fits and starts over the years. I've had too many problems to trust my conclusions. I think I get your points. Interestingly, your criticism of too high a discount rate and its [more]

Fri Jun 21

NL

Boards Post

JustMee01 replied to the Value Hounds board. 12:38 PM

Re: Paychex (PAYX)

Hello Guys,

Thanks for the replies.

Mike wrote:

followed by 6% perpetual growth thereafter

This popped out at me. Using perpetual growth rates higher than the rate of inflation doesn't work. Growth has to at
[more]

Thu Jun 20

NL

Boards Post

JustMee01 posted to the Value Hounds board. 12:37 PM

Paychex (PAYX)

The board's been quiet and the only way to change that it is to use it.

I hadn't looked at Paychex for a while, but recently took a look. What follows is long. I'll apologize in advance. If you have different perspectives or [more]

Thu Jun 13

NL

Boards Post

JustMee01 replied to the Value Hounds board. 1:37 PM

Re: Such a Dinosaur...

Yet one more option to harvest sheet data that I have never even considered using.

If an xbrl file is available for a filing (i.e. there's an Interactive Data button), the financial statements from it can be downloaded from EDGAR [more]

Wed Jun 12

NL

Boards Post

JustMee01 replied to the Value Hounds board. 11:55 AM

Re: Such a Dinosaur...

Yeah, that's correct. What's in each table is simply whatever is submitted as text in that K. It's just a faster way to get through the submission.

It would fabulous if they aggregated the data for public consumption. But no such [more]

NL

Boards Post

JustMee01 replied to the Value Hounds board. 10:56 AM

Re: Such a Dinosaur...

That last link is wrong. But I think you'll get the point. Expand the hyperlink index on the left as needed and click the hyperlink to the sheet you need.

The tables are actually XBRL addendums to the 10Ks I believe, required by law now [more]

NL

Boards Post

JustMee01 replied to the Value Hounds board. 10:47 AM

Re: Such a Dinosaur...

Hi Mike,

EDGAR's data is actually pretty conveniently arranged IMO and worth knowing about.

The root URL for company search is:

[more]

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Boards Post

JustMee01 replied to the Value Hounds board. 10:14 AM

Re: Such a Dinosaur...

After continuing to look, I actually found a 21st century solution that's free:

[more]

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Boards Post

JustMee01 replied to the Value Hounds board. 6:37 AM

Re: Such a Dinosaur...

I thought that some might be interested in the partial answer to my question.

It turns out that Valueline has 15 years of financial data for their workups.

I had to use the Jurassic Era method of going to the library for that [more]

Mon Jun 10

NL

Boards Post

JustMee01 posted to the Value Hounds board. 12:34 PM

Such a Dinosaur...

Perhaps I'm getting senile or times are changing. I "know" in the back of my head that TDAmeritrade used to have an option to add Price to Book to historical charts. But with the proliferation of twenty to thirty different moving [more]

Sun Jun 9

NL

Boards Post

JustMee01 replied to the Value Hounds board. 1:03 PM

Re: Has it died?

A little embarrassed to admit holdings in all of the following:

Gamestop (GME)
Tupperware (TUP)
The Gap (GPS)
L Brands (LB)
Mattel (MAT) ...reduced a couple of months ago, and has had a few good days recently, at
[more]

Sat Jun 8

NL

Boards Post

JustMee01 replied to the Value Hounds board. 7:05 PM

Re: Has it died?

Hi Mike,

Thanks for the reply. Right now, most of my assets are in trackers and mutual funds. There's a much greater percentage than ever in cash, and the lone single stock holding remaining is BRK. I took profits on everything else when [more]

NL

Boards Post

JustMee01 posted to the Value Hounds board. 1:16 PM

Has it died?

I haven't been here in a long, long time. Looking through some of the few posts on the board, it seems that it's fallen apart.

That's unfortunate, but seems to mirror value investing's popularity as a whole.

Yet [more]

Thu Dec 27

NL

Boards Post

JustMee01 replied to the Investing Beginners board. 9:44 PM

Re: Limited funds

But no one can trade another man's game, and how I made my money won't likely work for her.

That is most certainly the most accurate thing that you've said.

NL

Boards Post

JustMee01 replied to the Investing Beginners board. 4:54 PM

Re: Limited funds

Arindam,

[N]ever mind the tiny little fact that getting back to even as much as 20 years later doesn't factor in the erosive effects of inflation.

A bit of hyperbole?

Even if you BEGAN a DCA schedule into the [more]

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Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 2174
Recs Received 3217
People who have rec'd these posts 582
Recs to Posts Ratio (last 30 days) N/A
Threads Started 442
Threads Started Percentage 20.33 %
Most Frequent Board Ford Motor Company
Very First Post Biotech Investors Club? (2/2/2008)
Percentage of Posts Rec'd 52.30 %
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