1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7536) 

Mason Hawkins Comments on Dell

February 17, 2014 | About:
The shareholder approval of Dell (DELL)'s management buyout generated a positive return of 31% for 2013 in spite of the disappointing investment outcome. Philips gained 44% during the year. CEO Frans Van Houten and CFO Ron Wirahadiraksa completed a €2bn stock buyback at discounted prices, as well as delivered higher margins as planned. Philips' management team is pursuing additional cost reductions and believes the company has strong revenue and margin potential over the next two to three years in all three primary businesses: medical, lighting, and consumer lifestyle. They signaled their confidence in the future value growth of the business by announcing another €1.5bn share buyback.

From Mason Hawkins (Trades, Portfolio)' 2013 Longleaf Partners Fund management discussion.


Rating: 3.5/5 (2 votes)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon


User Generated Screeners


sectikBBS
WellrossMICROCAP NCAV DABLE
WellrossNCAV micro/RF TRADABLE
psinghppmsell_cbitda_bv_ftr
samahajoeBasic Materials
infoNetherlands
clemclem_99GuVGain3relaxed
Wellrossxyzideas
WellrossManual of ideas4
WellrossManual of ideas3
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)

GF Chat

{{numOfNotice}}
FEEDBACK