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May, 2013: 1 4 25
Disclaimer - IMPORTANT - Read this first!
| Investor's Journal is a diary focused strictly on investments and personal finance issues, primarily from a contrarian and retiree point of view. Follow along with an average guy's failures and successes as he learns, by trial and error, the fine art of value investing. |
5/1/13-Since the previous entry, there have been no new sales or sell signals among stocks or portfolios followed here.
Alphabetically, though in no particular order of merit, my current top-five low price to book value stocks are: AOSL; CUO; DSX; STLY; and VOXX.
My new featured equity from among them is Stanley Furniture Co., Inc. (STLY) (recent price $3.93). It meets Benjamin Graham's bargain stock safety and value criteria.
Stanley Furniture Co., Inc. will be added to our nest egg at its market price in early morning trading tomorrow, 5/2/13.
5/4/13-Following the last entry, our Low Price to Book Value (Low P/Bk) portfolio stock, NWLI, purchased on 5/2/11, was sold on 5/3/13 for a net gain of 14.51% (taking into account commissions but not regular dividends). Though NWLI had not appreciated 50% or more, it had been held for slightly over two years since purchase. NWLI has been deleted from our open positions record for Low P/Bk assets, and its closed position info for 5/2/11 through 5/3/13 has been added to our spreadsheet record of the portfolio's redemptions and mergers.
Also following the preceding entry, our Low Price to Book Value portfolio stock, GLF, purchased on 11/19/12, was sold on 5/3/13 for a net gain of 54.88% (taking into account commissions but not dividends). GLF has been deleted from our open asset record for Low P/Bk equities, and its closed position info for 11/19/12 through 5/3/13 has been added to our spreadsheet record of the portfolio's redemptions and mergers.
My new featured Dividend Value equity is Telefonica Brasil, S.A. (VIV) (recent price $26.81). Based on its 5.7% dividend and its 17.9% debt to equity ratio, VIV meets Benjamin Graham's bargain stock value and safety criteria.
Telefonica Brasil, S.A. will be added to our nest egg at its market price in early morning trading on Monday, 5/6/13.
5/25/13-Following the last entry, our Low Price to Book Value (Low P/Bk) portfolio stock, AEL, purchased on 1/17/12, was sold on 5/8/13 for a net gain of 51.39% (taking into account commissions but not regular dividends). AEL has been deleted from our open positions record for Low P/Bk assets, and its closed position info for 1/17/12 through 5/8/13 has been added to our spreadsheet record of the portfolio's redemptions and mergers.
Alphabetically, though in no particular order of merit, my current top-five low price to book value stocks are: AEG; AOSL; CUO; STLY; and VOXX.
My new featured Low Price to Book Value equity is AEGON, N.V. (AEG) (recent price $6.42). AEG meets Benjamin Graham's bargain stock value and safety criteria.
AEGON, N.V. will be added to our nest egg at its market price in early morning trading on Tuesday, 5/28/13.
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Neither I nor Investor's Journal will be responsible for losses by anyone who obtained ideas from this site.
This diary is intended for personal interest and general information only. You are advised to do your own research (as well as to consult highly compensated professionals) before spending money on anything.
I know of no reason anyone should take my financial musings seriously. At best I am a dedicated amateur providing a bit of investment-related insight and entertainment, at worst an amusing diversion.
My wife, Fran, and I may at times own shares of some of the assets mentioned here. But neither of us receive any benefit from reference to them, unless you count the mutual misery when we get it wrong, or the opportunity to gloat when we get it right.