We look forward to bringing
you the best undervalued asset situations we can dig up in the next quarter.
Not exact matches
New Dole looks to be massively
undervalued, will still hold very
good high value
assets, especially saleable land, has some future potential catalysts that could help unlock value, it should be able to compete
better with Fresh Del Monte and Chiquita, and new Dole will now be freed up to make acquisitions and improvements to its business and operations after the transaction with Itochu closes as it will not be burdened by the massive amount of debt that it has carried for years.
A smart investment strategy is to hold a diverse collection of different
assets that are not
well - correlated with each other, and invest into them when they become
undervalued.
Specifically, each month we reform a
Best Value portfolio (picking the
asset associated with the most
undervalued premium, or cash if no premiums are
undervalued) and a Weighted portfolio (weighting
assets associated with all
undervalued premiums according to degree of undervaluation, or cash if no premiums are
undervalued) using the following four
assets:
It is still too early to determine how
well Greenbackd's strategy of investing in
undervalued asset situations with a catalyst is performing, but we believe we are heading in the right direction.
In general, our selections are bottom - up where we identify
assets undervalued by the market due to perceptions or misperceptions of perpetual deterioration or perpetual stagnation at
best.
It is still too early to determine how
well Greenbackd's strategy of investing in
undervalued asset situations with a catalyst is performing, but I believe Greenbackd is heading in the right direction.
Those
assets were extremely
undervalued, and in solid companies with
good balance sheets and operating models.
Zale Corporation (NYSE: ZLC) is an
undervalued asset situation with a
well - known activist investor, Richard Breeden of Breeden Capital Management LLC, holding two seats on the board.
We look for those deals where a
good asset is caught in a market - driven special situation and is therefore, artificially and temporarily,
undervalued.