New Threads Only:  Add to Google Reader or Homepage
New Threads & Replies:  Add to Google Reader or Homepage
Forums are for serious investors only. GuruFocus Forum Rules.

Forum List » Guru News and Commentaries
Guru News, Stock picks and commentaries
New Topic Search
Goto Thread: PreviousNext
Goto: Forum ListMessage ListNew TopicSearchLog In
What Activist Investor TPG Axon, Currently Targeting Sandridge, Sees for 2013
Posted by: CanadianValue (IP Logged)
Date: January 22, 2013 09:31AM

Here are the observations from Dinakar Singh, the activist investor engaged in a high-profile fight with Sandridge Energy (SD):

- Investors were positioned as though the world was about to end. It didn't, and therefore the stock market has had a nice rally.
- He sees a pretty tough environment going forward for S&P companies to try and grow earnings rapidly.
- For the first time in a long time he sees valuations in most regions globally as being similar.
- The S&P 500 is trading at roughly a 12 P/E multiple which is 3 points below the historical average. Three sectors make up that undervaluation: healthcare, technology and energy, all of which likely deserve the discounted valuation.






Stocks Discussed: SD,
Rate this post:

Rating: 2.5/5 (2 votes)





Sorry, only registered users may post in this forum.

Please Login if you have an account or Create a Free Account if you don't
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK