Free 7-day Trial
All Articles and Columns »

Gold, Tobacco, Energy - Donald Smith in Real-Time and Review

November 03, 2013 | About:
Sally Jones

Sally Jones

47 followers
The third quarter update of the Donald Smith & Co. portfolio, led by Donald Smith, lists 90 stocks with three of them new, with a total value of $4.60 billion, and a quarter-by-quarter turnover of 5%. Guru Donald Smith is averaging a 12-month return of 21.3%.

GuruFocus research reveals that three of his holdings in gold, tobacco and energy are close to a 52-week low. According to GuruFocus Real Time Picks, Donald Smith just increased his position with Alliance One:

Alliance One International Inc. (AOI)

Percentage above 52-Week Low: 3.1%

Business Predictability: 1 out of 5 Stars

Down 3% over 12 months, Alliance One International Inc. has a market cap of $252.41 million; its shares were traded at around $2.88. Shares trade with a P/E of 65.50 and a P/B of 0.91. The company does not pay a dividend.

Alliance One International Inc. is a supplier of quality tobacco products and solutions to the manufacturers and marketers of tobacco products. The company purchases, processes, packs, stores and ships tobacco to manufacturers of cigarettes and other consumer tobacco products throughout the world. Alliance One deals mainly in tobaccos used in international brand cigarettes.

Guru Action: Donald Smith just increased his AOI position by 11.26%, as of Oct. 30, 2013. He bought 910,070 shares at $3.08 per share. The current price is around $2.88, with a change from average down 6%.

His current shares are 8,994,761.

As of the second quarter of 2013, Donald Smith reduced his position by 6.09%, selling 523,841 shares at an average price of $3.70 per share, taking a loss of 22%.

Across an eight-year history that shows only one quarter of gains, Donald Smith has averaged a loss of 22% on 8,641,426 shares bought at an average price of $3.70 per share. Selling, he also averaged a loss of 22% on 557,335 shares at an average price of $3.71 per share.

Track historical pricing, revenue and net income:



[/b][b]Newmont Mining Corporation (NEM)

Percentage above 52-Week Low: 2.5%

Business Predictability: 1 out of 5 Stars

Down 46% over 12 months, Newmont Mining Corporation has a market cap of $12.81 billion; its shares were traded at around $25.98. Shares trade with a P/B of 1.14. The dividend yield is 5.29%.

Incorporated in 1921, Newmont Mining Corporation is engaged in the exploration for and acquisition of gold properties. The company also produces copper in Indonesia and Australia. The gold producer has operations and assets in the US, Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. At the end of 2012, Newmont Mining had proven and probable gold reserves of 99.2 million ounces and an aggregate land position of approximately 29,000 square miles.

Guru Action: As of the second quarter of 2013, Donald Smith holds 124,040 shares valued at around $3.7 million, weighting his portfolio by 0.081%.

Donald Smith reduced his position by 0.36% in the second quarter of 2013, selling 450 shares at an average price of $33.57, for a loss of 22.6%.

Over five years of all losing quarters, Donald Smith has averaged a loss of 48% on 281,515 shares bought at an average price of $50.00 per share. Selling, he averaged a loss of 54% on 157,475 shares at an average price of $55.98 per share.

Track historical pricing, revenue and net income:





Exelon Corp. (EXC)

Percentage above 52-Week Low: 3.8%

Business Predictability: 1 out of 5 Stars

Down 10% over 12 months, Exelon Corp. has a market cap of $24.56 billion; its shares were traded at around $28.67. Shares trade with a P/E of 15.40 and a P/B of 1.12. The dividend is 5.82%.

Incorporated in 1999, Exelon Corporation, a public utility holding company, operates through its principal subsidiaries, ComEd, PECO and Generation, in the purchase, transmission, distribution and sale of electricity to residential, commercial and industrial customers.

Guru Action: As of the second quarter of 2013, Donald Smith holds 2,269,995 shares valued at around $70 million, and making up 1.5% of his portfolio’s weight.

As of the second quarter of 2013, Donald Smith reduced his position by 0.04%, selling 866 shares at an average price of $34.01 per share, taking a loss of 15.7%.

Across a losing six-quarter history with no gains, Donald Smith has averaged a loss of 24% on 3,277,124 shares bought at an average price of $37.59 per share. Selling, he also averaged a loss of 24% on 1,007,169 shares at an average price of $37.79 per share.

Track historical pricing, revenue and net income:



President and CIO of Donald Smith & Co., Donald Smith is a deep-value manager employing a strict bottom-up approach. He invests in stocks of out-of-favor companies selling at discounts to tangible book value.



If you are not yet a Premium Member, try a 7-day Free Trial.

Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.

GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.



About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 5.0/5 (1 vote)

Comments

Please leave your comment:


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
Hide