Nikolay Tsintsadze
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Opportunity on the Euronext: Delta Lloyd

Posted Jan 12th 2011 4:00PM by Nikolay Tsintsadze (RSS feed)
Filed under: International Markets, Stocks to Buy

Investors searching for opportunities will be hard pressed to find stocks that are still undervalued. It seems like this rally has pushed every sector to very high levels. Perhaps, it may be time to look in more off-the-cuff places for investment ideas.

One possibility trades on the Amsterdam-based exchange, the Euronext. The Dutch insurer, Delta Lloyd Group, which has operations in the Netherlands, Germany, and Belgium, is a profitable company with a favorable balance sheet that trades at a significant discount to its book value. In the first half of 2010, it generated €767 million of income after taxes and non-controlling interests, a 263% increase. At the same time, it has €3,903 billion in tangible assets net of all liabilities, but a market cap of just € 2,810 billion as of January 11. In other words, investing in Delta Lloyd is like buying assets, with all liabilities paid off, at a 30% discount.

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Apple's Momentum Faces Off Against High Expectations

Posted Jul 8th 2010 5:30PM by Nikolay Tsintsadze (RSS feed)
Filed under: Google (GOOG), Apple Inc (AAPL)

It seems that nothing is stopping Apple, Inc. (AAPL) from continuing to produce good numbers. In May of 2010, the tech giant increased its sales of Mac computers 8% from April and 35% year over year, according to NPD.

Further NPD findings show that the Mac has performed even better in June than in May over the last three years. This trend should not stop this year, as June will only be the third month of the new MacBook Pro's availability and seasonal education spending unlikely to falter.

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Sonic: A Restaurant with Risks

Posted Jun 25th 2010 6:00PM by Nikolay Tsintsadze (RSS feed)

There is no question that Sonic Corporation (SONC) has arguably the most distinct business model in the quick-serve restaurant industry. However, is this enough to validate an investment in the franchise?

After lowering its outlook for the fiscal year, from between $0.55 - $0.60 to $0.50 - $0.55 per share, Sonic announced on June 21, 2010 that its earnings for the third quarter were a disappointing $0.18 per share. This figure is lower than what analysts predicted by 1 to 4 cents per share, and even includes a 3 cent tax benefit. Without including special items, this marks a year over year decline of almost 40%.

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NBA Finals: If the Los Angeles Lakers Win, Will Stocks Rise?

Posted Jun 10th 2010 8:00PM by Nikolay Tsintsadze (RSS feed)
Filed under: Economic Data, DJIA, Recession

Tonight, the Boston Celtics battle the Los Angeles Lakers in Game 4 of the 2010 NBA Finals. It is safe to say that the people of California are rooting for the Lakers to win the basketball series, while those of Massachusetts support the Celtics. But could the outcome determine the direction of the stock market?

It is not clear that the stock market even should care. After all, the National Basketball Association is not a publically traded company. It is not the biggest business in America by a long shot. Most people's jobs and salaries are not dependent on 10 men running around on a court, and rightfully so. Maybe the economy has no interest in the sport.

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