Last week’s top five guru bargain stocks were Brasil Telecom S.A, SANDRIDGE ENERGY INC, Coeur dAlene Mines Corp, Lloyds TSB Group plc, and Gammon Gold Inc. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
Brasil Telecom S.A. (BTM, Financial): Down 33% Since Charles Brandes Bought In the Quarter Ended on 2009-12-31
Charles Brandes initiated holdings in Fixed Line Telecommunications company Brasil Telecom S.A. during the quarter ended 12/31/2009. He owned 5,892,119 shares of as of 12/31/2009. BRASIL TELECOM is the first integrated telecommunications company that provides complete solutions to all market demands and integrates its fixed, mobile, voice and data operations, national and international long distance calls, data center, free internet, broadband and dial access in converged solutions for your home, your company and your city. Brasil Telecom S.a. has a market cap of $2.59 billion; its shares were traded at around $19.41 with a P/E ratio of 14 and P/S ratio of 0.4.
Charles Brandes bought 5,892,119 shares in the quarter that ended on 12/31/2009, which is 0.88% of the $19.5 billion portfolio of Brandes Investment.
SANDRIDGE ENERGY INC (SD, Financial): Down 24% Since Prem Watsa Bought In the Quarter Ended on 2009-12-31
Prem Watsa added to his holdings in Exploration & Production company SANDRIDGE ENERGY INC by 640.31% during the quarter ended 12/31/2009. He owned 6,526,600 shares of as of 12/31/2009. SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City with its principal focus on exploration and production. Sandridge Energy Inc has a market cap of $1.65 billion; its shares were traded at around $7.85 with a P/E ratio of 10.1 and P/S ratio of 2.8.
SD recently reported its fourth quarter results. Adjusted net income available to common stockholders was $26.3 million, or $0.14 per share, in fourth quarter 2009 compared to adjusted net income available to common stockholders of $10.2 million, or $0.06 per share, in fourth quarter 2008.
George Soros bought 1,250,000 shares in the quarter that ended on 12/31/2009, which is 0.17% of the $6.95 billion portfolio of Soros Fund Management LLC. Prem Watsa owns 6,526,600 shares as of 12/31/2009, an increase of 640.31% from the previous quarter. This position accounts for 1.67% of the $3.68 billion portfolio of Fairfax Financial Holdings, Inc.. T Boone Pickens owns 1,567,860 shares as of 12/31/2009, an increase of 51.11% from the previous quarter. This position accounts for 6.58% of the $225 million portfolio of BP Capital. Arnold Schneider owns 4,039,735 shares as of 12/31/2009, which accounts for 2.08% of the $1.83 billion portfolio of Schneider Capital Management.
Sell:: Chairman, CEO and President, 10% Owner Tom L. Ward sold 2,000,000 shares of SD stock on 12/01/2009 at the average price of 8.85, the price of the stock has decreased by 11.3% since. Other insiders have increased their positions in the company.
Coeur dAlene Mines Corp. (CDE, Financial): Down 25% Since Steven Cohen Bought In the Quarter Ended on 2009-12-31
Steven Cohen initiated holdings in Gold Mining company Coeur dAlene Mines Corp. during the quarter ended 12/31/2009. He owned 149,474 shares of as of 12/31/2009. Coeur d'Alene Mines Corporation is engaged through its subsidiaries inthe operation and/or ownership, development and exploration of silver and gold mining properties and companies located primarily within the United States (Nevada,Idaho and Alaska) and South America (Bolivia and Chile). Coeur Dalene Mines Corp. has a market cap of $1.3 billion; its shares were traded at around $15.97 with a P/E ratio of 88.7 and P/S ratio of 4.4.
David Dreman owns 157,975 shares as of 12/31/2009, a decrease of 24.01% of from the previous quarter. This position accounts for 0.07% of the $4.06 billion portfolio of Dreman Value Management.
Lloyds TSB Group plc (LYG, Financial): Down 25% Since David Dreman Bought In the Quarter Ended on 2009-12-31
David Dreman added to his holdings in Banks company Lloyds TSB Group plc by 29.76% during the quarter ended 12/31/2009. He owned 13,424 shares of as of 12/31/2009. Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services company, whose businesses provide a range of banking and financial services in the United Kingdom and a limited number of locations overseas. Lloyds Tsb Group Plc has a market cap of $6.56 billion; its shares were traded at around $3.92 with and P/S ratio of 0.1.
LYG recently reported its 2009 results. The company annoucned the Group reported a £6.3 billion loss for the year, compared to a £6.7 billion loss in 2008. The company’s total income rose 12 per cent, while costs fell 5 per cent. The higher income and lower costs drove a substantial uplift in the trading surplus, which increased by 35%.
David Dreman owns 13,424 shares as of 12/31/2009, an increase of 29.76% from the previous quarter. This position accounts for less than 0.01% of the $4.06 billion portfolio of Dreman Value Management.
Gammon Gold Inc (GRS, Financial): Down 30% Since Chuck Royce Bought In the Quarter Ended on 2009-12-31
Chuck Royce added to his holdings in Gold Mining company Gammon Gold Inc by 19.49% during the quarter ended 12/31/2009. He owned 12,454,144 shares of as of 12/31/2009. Gammon Lake Resources Inc. is a Nova Scotia based mineral exploration Company with properties in Mexico. Gammon Gold Inc has a market cap of $996.5 million; its shares were traded at around $7.2 with a P/E ratio of 32.7 and P/S ratio of 4.7.
Gammon Gold recently reported its fourth quarter results. The Company reported its ninth consecutive quarter of positive operating cash flow and generated $31.6 million in operating cash flow, as compared to $10.0 million in the same period in 2008, a $21.6 million, or 216%, improvement. For the 12 months ended December 31, 2009, the Company reported $78.2 million in operating cash flow as compared to $55.9 million in 2008, a $22.3 million, or a 40%, improvement.
David Dreman owns 3,042,755 shares as of 12/31/2009, which accounts for 0.82% of the $4.06 billion portfolio of Dreman Value Management.
Brasil Telecom S.A. (BTM, Financial): Down 33% Since Charles Brandes Bought In the Quarter Ended on 2009-12-31
Charles Brandes initiated holdings in Fixed Line Telecommunications company Brasil Telecom S.A. during the quarter ended 12/31/2009. He owned 5,892,119 shares of as of 12/31/2009. BRASIL TELECOM is the first integrated telecommunications company that provides complete solutions to all market demands and integrates its fixed, mobile, voice and data operations, national and international long distance calls, data center, free internet, broadband and dial access in converged solutions for your home, your company and your city. Brasil Telecom S.a. has a market cap of $2.59 billion; its shares were traded at around $19.41 with a P/E ratio of 14 and P/S ratio of 0.4.
Charles Brandes bought 5,892,119 shares in the quarter that ended on 12/31/2009, which is 0.88% of the $19.5 billion portfolio of Brandes Investment.
SANDRIDGE ENERGY INC (SD, Financial): Down 24% Since Prem Watsa Bought In the Quarter Ended on 2009-12-31
Prem Watsa added to his holdings in Exploration & Production company SANDRIDGE ENERGY INC by 640.31% during the quarter ended 12/31/2009. He owned 6,526,600 shares of as of 12/31/2009. SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City with its principal focus on exploration and production. Sandridge Energy Inc has a market cap of $1.65 billion; its shares were traded at around $7.85 with a P/E ratio of 10.1 and P/S ratio of 2.8.
SD recently reported its fourth quarter results. Adjusted net income available to common stockholders was $26.3 million, or $0.14 per share, in fourth quarter 2009 compared to adjusted net income available to common stockholders of $10.2 million, or $0.06 per share, in fourth quarter 2008.
George Soros bought 1,250,000 shares in the quarter that ended on 12/31/2009, which is 0.17% of the $6.95 billion portfolio of Soros Fund Management LLC. Prem Watsa owns 6,526,600 shares as of 12/31/2009, an increase of 640.31% from the previous quarter. This position accounts for 1.67% of the $3.68 billion portfolio of Fairfax Financial Holdings, Inc.. T Boone Pickens owns 1,567,860 shares as of 12/31/2009, an increase of 51.11% from the previous quarter. This position accounts for 6.58% of the $225 million portfolio of BP Capital. Arnold Schneider owns 4,039,735 shares as of 12/31/2009, which accounts for 2.08% of the $1.83 billion portfolio of Schneider Capital Management.
Sell:: Chairman, CEO and President, 10% Owner Tom L. Ward sold 2,000,000 shares of SD stock on 12/01/2009 at the average price of 8.85, the price of the stock has decreased by 11.3% since. Other insiders have increased their positions in the company.
Coeur dAlene Mines Corp. (CDE, Financial): Down 25% Since Steven Cohen Bought In the Quarter Ended on 2009-12-31
Steven Cohen initiated holdings in Gold Mining company Coeur dAlene Mines Corp. during the quarter ended 12/31/2009. He owned 149,474 shares of as of 12/31/2009. Coeur d'Alene Mines Corporation is engaged through its subsidiaries inthe operation and/or ownership, development and exploration of silver and gold mining properties and companies located primarily within the United States (Nevada,Idaho and Alaska) and South America (Bolivia and Chile). Coeur Dalene Mines Corp. has a market cap of $1.3 billion; its shares were traded at around $15.97 with a P/E ratio of 88.7 and P/S ratio of 4.4.
David Dreman owns 157,975 shares as of 12/31/2009, a decrease of 24.01% of from the previous quarter. This position accounts for 0.07% of the $4.06 billion portfolio of Dreman Value Management.
Lloyds TSB Group plc (LYG, Financial): Down 25% Since David Dreman Bought In the Quarter Ended on 2009-12-31
David Dreman added to his holdings in Banks company Lloyds TSB Group plc by 29.76% during the quarter ended 12/31/2009. He owned 13,424 shares of as of 12/31/2009. Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services company, whose businesses provide a range of banking and financial services in the United Kingdom and a limited number of locations overseas. Lloyds Tsb Group Plc has a market cap of $6.56 billion; its shares were traded at around $3.92 with and P/S ratio of 0.1.
LYG recently reported its 2009 results. The company annoucned the Group reported a £6.3 billion loss for the year, compared to a £6.7 billion loss in 2008. The company’s total income rose 12 per cent, while costs fell 5 per cent. The higher income and lower costs drove a substantial uplift in the trading surplus, which increased by 35%.
David Dreman owns 13,424 shares as of 12/31/2009, an increase of 29.76% from the previous quarter. This position accounts for less than 0.01% of the $4.06 billion portfolio of Dreman Value Management.
Gammon Gold Inc (GRS, Financial): Down 30% Since Chuck Royce Bought In the Quarter Ended on 2009-12-31
Chuck Royce added to his holdings in Gold Mining company Gammon Gold Inc by 19.49% during the quarter ended 12/31/2009. He owned 12,454,144 shares of as of 12/31/2009. Gammon Lake Resources Inc. is a Nova Scotia based mineral exploration Company with properties in Mexico. Gammon Gold Inc has a market cap of $996.5 million; its shares were traded at around $7.2 with a P/E ratio of 32.7 and P/S ratio of 4.7.
Gammon Gold recently reported its fourth quarter results. The Company reported its ninth consecutive quarter of positive operating cash flow and generated $31.6 million in operating cash flow, as compared to $10.0 million in the same period in 2008, a $21.6 million, or 216%, improvement. For the 12 months ended December 31, 2009, the Company reported $78.2 million in operating cash flow as compared to $55.9 million in 2008, a $22.3 million, or a 40%, improvement.
David Dreman owns 3,042,755 shares as of 12/31/2009, which accounts for 0.82% of the $4.06 billion portfolio of Dreman Value Management.
