April Value Idea Contest Results Announcement

Author's Avatar
May 05, 2011
In April GuruFocus hosted its third Value Idea Contest. This is the announcement of the winners.


We received 8 submissions for the April contest. This is the list:


Article

Analyst

Company (Symbol)

Tesco PLC (TSCDY, Financial) Business and Value Analysis

graemew

TSCDY

Meritage Hospitality (MHGU, Financial) — A Substantially Undervalued Microcap

whopper investments

MHGU

General Maritime Corp.

inqosi

GMR

Johnson & Johnson: Medicine for Your Portfolio

Alex Morris

JNJ

CVS Caremark

Rishi Gosalia

CVS

Rio Tinto Plc — Minerals to Make Your Portfolio Grow

Dr. Paul Price

RIO

Premier Exhibitions: An Undervalued Stock with a Clear Near Term Catalyst

Jacob Wolinsky

PRXI

Syms Corp. - A Deeply Discounted Retail Real Estate Opportunity

Michael Glickstein

SYMS



These are the comments from our judges:


Tesco PLC (TSCDY) Business and Value Analysis


Thorough analysis with the company. Discussion of the margins, cashflow, and debt coverages. It does not seem to be wise to diversify into mobile business. The performance in this area is appreciated. Future growth rate? Comparison with WMT, TGT, etc.?


Meritage Hospitality (MHGU) — A Substantially Undervalued Microcap


Excellent writeup for a small company. Extremely undervalued. Valuation is the strongest part of this article. Multiple approaches that clearly point to a value proposition. Price targets and methodologies are clear. More discussions of the history and the management will be appreciated.


General Maritime Corp.


The investment idea seems to carry a lot of risk. The company's financial condition is not strong enough to eliminate the possibility of permanent loss of capital. The analysis is weak in convincing readers that it is undervalued.


Johnson & Johnson: Medicine for Your Portfolio


In-depth discussions on the company. Covered many areas. While the reverse DCF is nice, the valuation part can be improved if other matrices are used too. A comparison with other big pharmas will be helpful in convincing readers that JNJ is a better investment.


CVS Caremark


This is a very detailed analysis where the author touched on everything. There is a clear thesis, good valuation work, price target, etc. He addresses competition and industry dynamics.


Rio Tinto Plc — Minerals to Make Your Portfolio Grow


The analysis will be deeper if discussions and analyses on management, competitions, potential risks, etc. are added. The author should not rely on third parties for valuations. The valuations should be based on the business of the underlying company.


Premier Exhibitions: An Undervalued Stock with a Clear Near Term Catalyst


An investing idea of special situation. The company is losing money but the asset that might be received through a lawsuit might be valuable. The analysis is clear and straightforward. There are uncertainties with the valuations and outcomes. Maybe the stock is undervalued. The situation is not what we are looking for in this contest.


Syms Corp. - A Deeply Discounted Retail Real Estate Opportunity


An activist investing idea, which requires the company sell its real estate assets. Not for average investors.


These are the overall ratings:


Analyst

Company (Symbol)

Business Quality

Financial Strength

Proven Management Capability

Depth of Analysis

Undervalued?

Presentation

Readers' Rating and Comments

Total

graemew

TSCDY

4

3

3

4

4

4

5

27

whopper investments

MHGU

3

4

3

5

5

4

4

28

inqosi

GMR

3

1

1

3

4

3

3

18

Alex Morris

JNJ

4

5

1

4

4

4

4

26

Rishi Gosalia

CVS

4

4

3

5

4

5

4

29

Dr. Paul Price

RIO

4

5

3

2

3

3

3

23

Jacob Wolinsky

PRXI

2

3

3

5

4

4

4

25

Michael Glickstein

SYMS

2

2

2

5

5

5

3

24



Therefore the winners are:


The First Place ($500): CVS Caremark by 09_avatar_small.jpg Rishi Gosalia


The Second Place ($200): Meritage Hospitality (MHGU) — A Substantially Undervalued Microcap by whopper investments


Congratulations!


Please contact us to claim your prizes. Other participates, please also contact us to claim your $50 award for submissions. We pay by check or PayPal. If you have not done so, a Free Lance Agreement needs to be signed, scanned and emailed to [email protected]. You can download it here.


With this announcement, we also open our May Value Idea Contest. The payment to each qualified submission to $50. The first place will win $500, and the second place will win $200.


Submit your value ideas now!