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Weekly Guru Bargains Highlights: GAME, PHG, RBA, MTL, BGC

November 12, 2011 | About:
GuruFocus

hyperman299

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According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Shanda Games Ltd. (GAME): Down 27% Since Bruce Kovner Bought In the Quarter Ended on 2011-06-30

Bruce Kovner added to his holdings in Internet company Shanda Games Ltd. by 48.58% during the quarter ended 06/30/2011. His purchase prices were between $5.93 and $7.64, with an estimated average price of $6.83. Since then the prices of Shanda Games Ltd. shares have declined by -27% from the estimated average. Bruce Kovner owned 177,882 shares of as of 06/30/2011.

In the second quarter of 2011, Shanda Games reported net revenues of RMB1,320.5 million (US$204.0 million), representing an increase of 18.7% from RMB1,112.7 million in the second quarter of 2010 and an increase of 5.4% from RMB1,252.6 million in the first quarter of 2011.

Shanda Games Limited is a holding company. The company through its subsidiaries engages in the development and operation of online games. Shanda Games Ltd. has a market cap of $1.42 billion; its shares were traded at around $4.99 with a P/E ratio of 7.2 and P/S ratio of 2.2.

Koninklijke Philips Electronics N.V. ADS (PHG): Down 29% Since Mason Hawkins Bought In the Quarter Ended on 2011-06-30

Mason Hawkins added to his holdings in Consumer Electronics company Koninklijke Philips Electronics N.v. Ads by 91.84% during the quarter ended 06/30/2011. His purchase prices were between $23.36 and $32.44, with an estimated average price of $28.07. Since then the prices of Koninklijke Philips Electronics N.V. ADS shares have declined by -29% from the estimated average. Mason Hawkins owned 14,954,630 shares of as of 06/30/2011.

Koninklijke Philips Electronics N.V. is the parent company of Philips, a widely diversified multinational group of electronic and electrical products, systems and equipment, as well as information technology services. Koninklijke Philips Electronics N.v. Ads has a market cap of $18.69 billion; its shares were traded at around $19.88 with a P/E ratio of 37.4 and P/S ratio of 0.5. The dividend yield of Koninklijke Philips Electronics N.v. Ads stocks is 4.3%. Koninklijke Philips Electronics N.v. Ads had an annual average earnings growth of 4% over the past 5 years.

Mason Hawkins owns 14,954,630 shares as of 06/30/2011, an increase of 91.84% from the previous quarter. This position accounts for 1.5021% of the $25.57 billion portfolio of Southeastern Asset Management. Dodge & Cox owns 274,296 shares as of 06/30/2011, which accounts for 0.0082% of the $86.17 billion portfolio of Dodge & Cox.

Ritchie Bros. Auctioneers Inc. (RBA): Down 25% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2011-06-30

Manning & Napier Advisors, Inc added to his holdings in Business Support Services company Ritchie Bros. Auctioneers Inc. by 96.61% during the quarter ended 06/30/2011. His purchase prices were between $25.14 and $31.27, with an estimated average price of $27.41. Since then the prices of Ritchie Bros. Auctioneers Inc. shares have declined by -25% from the estimated average. Manning & Napier Advisors, Inc owned 383,430 shares of as of 06/30/2011.

Ritchie Bros. Auctioneers conduct unreserved public auctions every year at locations throughout North and Central America, Europe, Asia, Australia, Africa and the Middle East. Ritchie Bros. Auctioneers Inc. has a market cap of $2.18 billion; its shares were traded at around $20.53 with a P/E ratio of 36 and P/S ratio of 6.2. The dividend yield of Ritchie Bros. Auctioneers Inc. stocks is 2.3%. Ritchie Bros. Auctioneers Inc. had an annual average earnings growth of 14.9% over the past 10 years. GuruFocus rated Ritchie Bros. Auctioneers Inc. the business predictability rank of 4-star.

RBA recently reported net earnings for the nine months ended September 30, 2011 of $49.9 million, or $0.47 per diluted share, and adjusted net earnings of $46.9 million, or $0.44 per diluted share. This compares to net earnings of $52.1 million and adjusted net earnings of $51.4 million, or $0.48 per diluted share for the nine months ended September 30, 2010, representing a 9% decrease in adjusted net earnings.

Ron Baron owns 8,975,619 shares as of 06/30/2011, which accounts for 1.3709% of the $18 billion portfolio of Baron Funds. PRIMECAP Management owns 8,351,330 shares as of 06/30/2011, which accounts for 0.3312% of the $69.32 billion portfolio of PRIMECAP Management. Ruane Cunniff owns 4,962,651 shares as of 06/30/2011, which accounts for 1.2383% of the $11.02 billion portfolio of Ruane & Cunniff & Goldfarb. Richard Aster Jr owns 1,666,905 shares as of 09/30/2011, which accounts for 1.2545% of the $2.68 billion portfolio of Meridian Fund.

Mechel OAO ADS (MTL): Down 53% Since Howard Marks Bought In the Quarter Ended on 2011-06-30

Howard Marks initiated holdings in Steel company Mechel Oao Ads during the quarter ended 06/30/2011. His purchase prices were between $24.19 and $31.94, with an estimated average price of $26.93. Since then the prices of Mechel OAO ADS shares have declined by -53% from the estimated average. Howard Marks owned 270,600 shares of as of 06/30/2011.

Mechel OAO is a Russian company whose business consists of two segments: mining and steel, comprising facilities in Russia, Romania and Lithuania. Mechel Oao Ads has a market cap of $5.22 billion; its shares were traded at around $12.55 with and P/S ratio of 0.5. The dividend yield of Mechel Oao Ads stocks is 2%.

General Cable Corp. (BGC): Down 34% Since Richard Aster Jr Bought In the Quarter Ended on 2011-06-30

Richard Aster Jr added to his holdings in Telecommunications Equipment company General Cable Corp. by 29.52% during the quarter ended 06/30/2011. His purchase prices were between $35.79 and $48.54, with an estimated average price of $41.88. Since then the prices of General Cable Corp. shares have declined by -34% from the estimated average. Richard Aster Jr owned 280,400 shares of as of 06/30/2011.

General Cable Corp. is a leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the communications, energy and electrical markets. General Cable Corp. has a market cap of $1.45 billion; its shares were traded at around $27.79 with a P/E ratio of 9.5 and P/S ratio of 0.3. General Cable Corp. had an annual average earnings growth of 23% over the past 10 years.

BGC recently reported results for the third quarter ended September 30, 2011. Diluted earnings per share for the third quarter of 2011 were $0.07. Included in these results were $0.10 per share of non-cash convertible debt interest expense and $0.16 per share of mark to market losses on financial derivatives accounted for as economic hedges.

John Keeley owns 713,000 shares as of 06/30/2011, which accounts for 0.4953% of the $6.13 billion portfolio of Keeley Fund Management. David Dreman owns 953,442 shares as of 06/30/2011, which accounts for 0.7767% of the $5.23 billion portfolio of Dreman Value Management. Richard Aster Jr owns 235,500 shares as of 09/30/2011, which accounts for 0.205% of the $2.68 billion portfolio of Meridian Fund. George Soros owns 79,200 shares as of 06/30/2011, which accounts for 0.0474% of the $7.11 billion portfolio of Soros Fund Management LLC.

EVP, Pres/CEO Europe/Med Emmanuel Sabonnadiere bought 1,415 shares of BGC stock on 08/31/2011 at the average price of 30.2. Emmanuel Sabonnadiere owns at least 3,587 shares after this. The price of the stock has decreased by 7.98% since. Other insiders have decreased their positions in the company.


Rating: 3.0/5 (6 votes)

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