When I invested in Time, its book value was greater than the share price, there was the potential to sell the Blue Fin building, insiders were accumulating shares. Its free cash flow yield was north of 14%, a very attractive figure.I sold it because Time invested in Viant to compete with Google and Facebook in … Continue reading I’ve sold my TIME
Etiqueta: fuchs
Aham, excuse me, I own TIME
I enjoy investing in new companies, which I find by digging through the clutter. It's an act of bravado to put your money in something you've only really read about, you never touched, smelled, probably not even seen. I'm invested in Emerson Radio (MSN) and I've never bought a single minidisc from it. You could … Continue reading Aham, excuse me, I own TIME
Emerson Radio update
Price 19/11/2014: $1,12 Well, Emerson Radio's results for the third quarter are out and it remains a net-net. Its business is declining as expected, given its position as a retailer of houseware (which most people can get from Amazon or Wal-Mart, or even Alibaba). In fact, this quarter it declined so much, that the company … Continue reading Emerson Radio update