Last week’s top five guru bargains were World Fuel Services Corp, MEMC Electronic Materials Inc, MetroPCS Communications Inc, Palm Inc, Huaneng Power International Inc. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
World Fuel Services Corp. (INT, Financial): Down 39% Since Bruce Kovner Bought In the Quarter Ended on 2009-09-30
Bruce Kovner initiated holdings in Business Support Services company World Fuel Services Corp. during the quarter ended 09/30/2009. He owned 10,085 shares of as of 09/30/2009. World Fuel Services Corporation markets aviation and marine fuel services. World Fuel Services Corp. has a market cap of $1.6 billion; its shares were traded at around $26.85 with a P/E ratio of 13.6 and P/S ratio of 0.1. The dividend yield of World Fuel Services Corp. stocks is 0.6%. World Fuel Services Corp. had an annual average earning growth of 32.7% over the past 10 years.
World Fuel Services recently reported solid third quarter 2009 results. The company announced that its third quarter net income was $29.1 million, or $0.97 diluted earnings per share compared to $40.1 million, or $1.37 diluted earnings per share in the third quarter of 2008.
Sell:: CEO Paul H Stebbins sold 50,000 shares of INT stock on 09/16/2009 at the average price of 50.27, the price of the stock has decreased by 46.59% since.
MEMC Electronic Materials Inc. (WFR, Financial): Down 22% Since Ronald Muhlenkamp Bought In the Quarter Ended on 2009-09-30
Ronald Muhlenkamp initiated holdings in Semiconductors company MEMC Electronic Materials Inc. during the quarter ended 09/30/2009. He owned 327,765 shares of as of 09/30/2009. MEMC Electronic Materials, Inc. is a leading global producer of polysilicon and silicon wafers. The company has a market cap of $3.03 billion; its shares were traded at around $13.57 with a P/E ratio of 23.4 and P/S ratio of 1.5. Memc Electronic Materials Inc. had an annual average earning growth of 50% over the past 5 years.
MEMC recently reported its third quarter results. The company announced that its net sales were $310 million, and its gross profit was $20.5 million, or 6.6% of net sales. The company reported a loss of 29 cents per share.
Ronald Muhlenkamp bought 327,765 shares in the quarter that ended on 09/30/2009, which is 0.81% of the $672 million portfolio of Muhlenkamp Fund. George Soros bought 11,000 shares in the quarter that ended on 09/30/2009, which is less than 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC. David Einhorn owns 1,039,760 shares as of 09/30/2009, a decrease of 71.47% of from the previous quarter. This position accounts for 0.67% of the $2.6 billion portfolio of Greenlight Capital Inc. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 09/30/2009.
MetroPCS Communications Inc. (PCS, Financial): Down 27% Since Michael Price Bought In the Quarter Ended on 2009-09-30
Michael Price added to his holdings in Mobile Telecommunications company MetroPCS Communications Inc. by 828.57% during the quarter ended 09/30/2009. He owned 325,000 shares of as of 09/30/2009. MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $2.66 billion; its shares were traded at around $7.54 with a P/E ratio of 14.8 and P/S ratio of 1.
MetroPCS recently reported its third quarter results. The company announced that its consolidated total revenue was approximately $896 million, an increase of 30% over third quarter of 2008. “This quarter we focused on managing costs; we delivered solid financial results and positioned the company for future growth. On a consolidated basis, we reported the highest consolidated quarterly Adjusted EBITDA in company history. In a seasonally slow quarter, we reported net additions that were below our expectations, due primarily to elevated churn and a deceleration in gross additions. We believe this was the result of continued U.S. macro-economic weakness, an increasingly competitive environment, and upward adjustments we made to the price of certain handsets,” said Roger D. Linquist, Chairman, President and Chief Executive Officer of MetroPCS.
Richard Perry bought 1,250,000 shares in the quarter that ended on 09/30/2009, which is 1.02% of the $1.15 billion portfolio of Perry Capital. George Soros bought 294,060 shares in the quarter that ended on 09/30/2009, which is 0.06% of the $4.41 billion portfolio of Soros Fund Management LLC. Michael Price owns 325,000 shares as of 09/30/2009, an increase of 828.57% from the previous quarter. This position accounts for 0.9% of the $338 million portfolio of MFP Investors LLC.
Palm Inc. (PALM, Financial): Down 25% Since Richard Perry Bought In the Quarter Ended on 2009-09-30
Richard Perry added to his holdings in Computer Hardware company Palm Inc. by 225% during the quarter ended 09/30/2009. He owned 5,200,000 shares of as of 09/30/2009. Palm, Inc. is a mobile computing company. It has a market cap of $1.78 billion; its shares were traded at around $10.94 with and P/S ratio of 2.4.
Palm Inc. recently announced its third quarter results. The company reported that total revenues in the second quarter of fiscal year 2010, ended Nov. 27, 2009, were $78.1 million. Gross profit was $5.5 million, and gross margin was 7%.
Richard Perry owns 5,200,000 shares as of 09/30/2009, an increase of 225% from the previous quarter. This position accounts for 7.89% of the $1.15 billion portfolio of Perry Capital. John Griffin owns 2,377,775 shares as of 09/30/2009, an increase of 74.1% from the previous quarter. This position accounts for 0.94% of the $4.42 billion portfolio of Blue Ridge Capital. Lee Ainslie owns 6,416,948 shares as of 09/30/2009, a decrease of 22.31% of from the previous quarter. This position accounts for 1.35% of the $8.32 billion portfolio of Maverick Capital. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 09/30/2009.
Buy:: Director, 10% Owner Fred D Anderson bought 2,153,846 shares of PALM stock on 09/22/2009 at the average price of 16.25, the price of the stock has decreased by 32.68% since. There are mixed buys and sells of insiders trades.
Huaneng Power International Inc. (HNP, Financial): Down 22% Since Bruce Kovner Bought In the Quarter Ended on 2009-09-30
Bruce Kovner initiated holdings in Electricity company Huaneng Power International Inc. during the quarter ended 09/30/2009. He owned 11,724 shares of as of 09/30/2009. Huaneng Power Intl. develops, constructs, owns and operates large coal-fired power plants throughout China. It has a market cap of $6.87 billion; its shares were traded at around $22.81 with and P/S ratio of 0.7. The dividend yield of Huaneng Power International Inc. stocks is 2.5%. Huaneng Power International Inc. had an annual average earning growth of 12.8% over the past 5 years.
For the complete list of stocks that Guru Bargains, go to: Value Bargains of Gurus.
World Fuel Services Corp. (INT, Financial): Down 39% Since Bruce Kovner Bought In the Quarter Ended on 2009-09-30
Bruce Kovner initiated holdings in Business Support Services company World Fuel Services Corp. during the quarter ended 09/30/2009. He owned 10,085 shares of as of 09/30/2009. World Fuel Services Corporation markets aviation and marine fuel services. World Fuel Services Corp. has a market cap of $1.6 billion; its shares were traded at around $26.85 with a P/E ratio of 13.6 and P/S ratio of 0.1. The dividend yield of World Fuel Services Corp. stocks is 0.6%. World Fuel Services Corp. had an annual average earning growth of 32.7% over the past 10 years.
World Fuel Services recently reported solid third quarter 2009 results. The company announced that its third quarter net income was $29.1 million, or $0.97 diluted earnings per share compared to $40.1 million, or $1.37 diluted earnings per share in the third quarter of 2008.
Sell:: CEO Paul H Stebbins sold 50,000 shares of INT stock on 09/16/2009 at the average price of 50.27, the price of the stock has decreased by 46.59% since.
MEMC Electronic Materials Inc. (WFR, Financial): Down 22% Since Ronald Muhlenkamp Bought In the Quarter Ended on 2009-09-30
Ronald Muhlenkamp initiated holdings in Semiconductors company MEMC Electronic Materials Inc. during the quarter ended 09/30/2009. He owned 327,765 shares of as of 09/30/2009. MEMC Electronic Materials, Inc. is a leading global producer of polysilicon and silicon wafers. The company has a market cap of $3.03 billion; its shares were traded at around $13.57 with a P/E ratio of 23.4 and P/S ratio of 1.5. Memc Electronic Materials Inc. had an annual average earning growth of 50% over the past 5 years.
MEMC recently reported its third quarter results. The company announced that its net sales were $310 million, and its gross profit was $20.5 million, or 6.6% of net sales. The company reported a loss of 29 cents per share.
Ronald Muhlenkamp bought 327,765 shares in the quarter that ended on 09/30/2009, which is 0.81% of the $672 million portfolio of Muhlenkamp Fund. George Soros bought 11,000 shares in the quarter that ended on 09/30/2009, which is less than 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC. David Einhorn owns 1,039,760 shares as of 09/30/2009, a decrease of 71.47% of from the previous quarter. This position accounts for 0.67% of the $2.6 billion portfolio of Greenlight Capital Inc. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 09/30/2009.
MetroPCS Communications Inc. (PCS, Financial): Down 27% Since Michael Price Bought In the Quarter Ended on 2009-09-30
Michael Price added to his holdings in Mobile Telecommunications company MetroPCS Communications Inc. by 828.57% during the quarter ended 09/30/2009. He owned 325,000 shares of as of 09/30/2009. MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $2.66 billion; its shares were traded at around $7.54 with a P/E ratio of 14.8 and P/S ratio of 1.
MetroPCS recently reported its third quarter results. The company announced that its consolidated total revenue was approximately $896 million, an increase of 30% over third quarter of 2008. “This quarter we focused on managing costs; we delivered solid financial results and positioned the company for future growth. On a consolidated basis, we reported the highest consolidated quarterly Adjusted EBITDA in company history. In a seasonally slow quarter, we reported net additions that were below our expectations, due primarily to elevated churn and a deceleration in gross additions. We believe this was the result of continued U.S. macro-economic weakness, an increasingly competitive environment, and upward adjustments we made to the price of certain handsets,” said Roger D. Linquist, Chairman, President and Chief Executive Officer of MetroPCS.
Richard Perry bought 1,250,000 shares in the quarter that ended on 09/30/2009, which is 1.02% of the $1.15 billion portfolio of Perry Capital. George Soros bought 294,060 shares in the quarter that ended on 09/30/2009, which is 0.06% of the $4.41 billion portfolio of Soros Fund Management LLC. Michael Price owns 325,000 shares as of 09/30/2009, an increase of 828.57% from the previous quarter. This position accounts for 0.9% of the $338 million portfolio of MFP Investors LLC.
Palm Inc. (PALM, Financial): Down 25% Since Richard Perry Bought In the Quarter Ended on 2009-09-30
Richard Perry added to his holdings in Computer Hardware company Palm Inc. by 225% during the quarter ended 09/30/2009. He owned 5,200,000 shares of as of 09/30/2009. Palm, Inc. is a mobile computing company. It has a market cap of $1.78 billion; its shares were traded at around $10.94 with and P/S ratio of 2.4.
Palm Inc. recently announced its third quarter results. The company reported that total revenues in the second quarter of fiscal year 2010, ended Nov. 27, 2009, were $78.1 million. Gross profit was $5.5 million, and gross margin was 7%.
Richard Perry owns 5,200,000 shares as of 09/30/2009, an increase of 225% from the previous quarter. This position accounts for 7.89% of the $1.15 billion portfolio of Perry Capital. John Griffin owns 2,377,775 shares as of 09/30/2009, an increase of 74.1% from the previous quarter. This position accounts for 0.94% of the $4.42 billion portfolio of Blue Ridge Capital. Lee Ainslie owns 6,416,948 shares as of 09/30/2009, a decrease of 22.31% of from the previous quarter. This position accounts for 1.35% of the $8.32 billion portfolio of Maverick Capital. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 09/30/2009.
Buy:: Director, 10% Owner Fred D Anderson bought 2,153,846 shares of PALM stock on 09/22/2009 at the average price of 16.25, the price of the stock has decreased by 32.68% since. There are mixed buys and sells of insiders trades.
Huaneng Power International Inc. (HNP, Financial): Down 22% Since Bruce Kovner Bought In the Quarter Ended on 2009-09-30
Bruce Kovner initiated holdings in Electricity company Huaneng Power International Inc. during the quarter ended 09/30/2009. He owned 11,724 shares of as of 09/30/2009. Huaneng Power Intl. develops, constructs, owns and operates large coal-fired power plants throughout China. It has a market cap of $6.87 billion; its shares were traded at around $22.81 with and P/S ratio of 0.7. The dividend yield of Huaneng Power International Inc. stocks is 2.5%. Huaneng Power International Inc. had an annual average earning growth of 12.8% over the past 5 years.
For the complete list of stocks that Guru Bargains, go to: Value Bargains of Gurus.
