Home » Archives for September 2019

TOTAL S.A. – An Oil & Gas Supermajor Worthy of Consideration

TOTAL S.A. (TOT) is a company headquartered in France which is engaged in the exploration and production of oil and gas, refining, petrochemicals, and the distribution of energy in various forms to the end customer. On September 24, 2019, it held its 2019 Investor Day at which time it provided an update on its strategy [...]

By |September 25th, 2019|Equity Investing|Comments Off on TOTAL S.A. – An Oil & Gas Supermajor Worthy of Consideration

FedEx Corporation – Short-Term Headwinds Create A Long-Term Investment Opportunity

FedEx Corporation (FDX) released Q1 2020 results following the September 17, 2019 market close which came in below guidance and it also lowered FY2020 adjusted EPS guidance. Following this earnings release, FDX's share price plunged ~13% from the September 17, 2019 closing share price. FDX does face formidable headwinds in the form of weakening global [...]

By |September 18th, 2019|Equity Investing|Comments Off on FedEx Corporation – Short-Term Headwinds Create A Long-Term Investment Opportunity

FFJ Portfolio – September 2019 Interim Report

I have made a few changes to the FFJ Portfolio in the first half of September. Rather than wait until month end, I provide this interim report for the sake of full disclosure. I acquired an additional 300 Chevron (CVX) shares as per this article for one of the 'Side Accounts' at an average cost [...]

By |September 17th, 2019|FFJ Portfolio|Comments Off on FFJ Portfolio – September 2019 Interim Report

HEICO Corporation – Prepared to Initiate a Position Despite Lofty Valuation

HEICO Corporation (HEI) is overshadowed by larger players in the aerospace industry. It has, however, consistently generated impressive operating metrics and plenty of cash flow. A key component of HEI's growth strategy is the acquisition of companies (~71 since 1990) in niche segments of the aviation, defense, space, medical, telecommunications and electronics industries in which [...]

By |September 15th, 2019|Equity Investing|Comments Off on HEICO Corporation – Prepared to Initiate a Position Despite Lofty Valuation

AT&T Inc. – Activist Investor Challenges Strategy

On September 9, 2019, activist shareholder Elliott Management Corporation issued a letter to AT&T Inc.'s (T) Board of Directors. In this letter, Elliott shares its thoughts on how T can improve its business and realize a historic increase in value for its shareholders. Elliott believes T can achieve a $60+/share value by the end of [...]

By |September 14th, 2019|Equity Investing|Comments Off on AT&T Inc. – Activist Investor Challenges Strategy

Fortive Corporation – Promising Long-Term Outlook

Fortive Corporation (FTV) announced its intention to separate into two independent, publicly traded companies with the transaction expected to be completed the 2nd half of 2020. Summary Fortive was spun off from Danaher Corporation on July 2, 2016 and adopted Danaher’s philosophy underpinning the proven Danaher Business System. Recurring revenue as a percentage of total [...]

By |September 4th, 2019|Equity Investing|Comments Off on Fortive Corporation – Promising Long-Term Outlook

Chevron Corporation – I Have Acquired More Shares

Further to my August 17th Chevron Corporation (CVX) article, I have acquired another 300 shares for one of the 'side accounts' within the FFJ Portfolio. In my FFJ Portfolio - August 2019 Report I mentioned that due to my aging mother's health issues I had to go out of town August 18 - 28 and [...]

By |September 3rd, 2019|Equity Investing|Comments Off on Chevron Corporation – I Have Acquired More Shares