tag:blogger.com,1999:blog-2149523431587168680.post2284368559722688135..comments2024-01-16T00:12:23.220-05:00Comments on Oddball Stocks: National Presto a Ben Graham NCAV stock is cheap againNate Tobikhttp://www.blogger.com/profile/05660387777171986124noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2149523431587168680.post-72008573147051087042015-02-01T12:47:21.370-05:002015-02-01T12:47:21.370-05:00Nate,
Trust you are well. This is obviously an ol...Nate,<br /><br />Trust you are well. This is obviously an old post now...but NPK is at 5 year lows right now - may be an interesting Investment Case to review since you last proposed it. And at a PE of 14 and no debt, it seems quite interesting today...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-49454141045440148972011-08-10T21:55:02.222-04:002011-08-10T21:55:02.222-04:00Christopher,
I haven't taken a deep look ...Christopher,<br /><br /> I haven't taken a deep look at Ryoyo Electro or Tsutsumi yet but I'll add them to my list. For a while I was really digging into the Japanese net-nets and since I'm not a Japanese speaker I setup a few rules for myself. I demanded strong cash flows, a very large margin of safety (the $.50 on a dollar or more off) and a history of free cash flow.<br /> The amazing thing is with even all those rules a ton of companies passed and are selling cheap. From what I'm seeing Tsutsumi looks pretty good, strong cash flows, decent operating margin, lots of cash.<br /> Shoot me an email at oddballstocks@gmail.com if you get a chance. I have a list I'll send you.<br /><br />NateNate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-2990963716660249112011-08-10T13:49:55.011-04:002011-08-10T13:49:55.011-04:00Your blog is a great read. I'd love to get you...Your blog is a great read. I'd love to get your opinion on some Japanese net-nets, such as Ryoyo Electro and Tsutsumi. I saw your post on DAIWA.Christopherhttps://www.blogger.com/profile/08972501422914827233noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-41172852860802809922011-08-09T13:54:35.671-04:002011-08-09T13:54:35.671-04:00Here's how I calculated ROIC
I took FCF of 26...Here's how I calculated ROIC<br /><br />I took FCF of 26 and divided it by<br />Equity - Cash - Marketable Securities (299 - 25 - 88)<br /><br />26/186 = .139Nate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-5824393273378350022011-08-09T13:46:13.044-04:002011-08-09T13:46:13.044-04:00How are you calculating ROIC? I am getting 18.5% R...How are you calculating ROIC? I am getting 18.5% ROIC. Thanks -WSMhttps://www.blogger.com/profile/00131532131659441620noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-10813579662966181862011-08-09T12:58:01.439-04:002011-08-09T12:58:01.439-04:00Graham actually discusses National Presto at lengt...Graham actually discusses National Presto at length in The Intelligent Investor...jacobhttp://valuewalk.comnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-22442032025272388702011-08-09T11:35:54.034-04:002011-08-09T11:35:54.034-04:00I found u on twitter--good stuff on NCAV--tommorow...I found u on twitter--good stuff on NCAV--tommorow at 1pm est Bruce berkowitz VS Moynihan(BAC) Could it be, That BAC is a value? ......Naaaah.. couldn't be. ImpossibleSettembrinihttps://www.blogger.com/profile/00854544409784504550noreply@blogger.com