Month: August 2018

EP Investment Club

Meeting Minutes for 8/8/18

Attendees: Grant, Nicky, Craig, Jenny, Eddie General: Jenny leaving club Chirag still joining – waiting on paperwork Sells: THOR T PG F (50%) NOC (50% + ~$500) LEA (50%) Pitches: RNG Ring Central GOOG AMZN UNH COST Buys: None, need to cash out Jenny  

$BRK-B Stock Update

Berkshire has seen a 10% increase over the last month over profit surge reports boosted by insurance underwritings and change to accounting rules. This increase is welcome in this uncertain market, and Berkshire is a good stock to hold in uncertain times – often being resilient to uncertainty and in fact rising on market downturns. …

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$F Stock Update

Tariffs, raising steel prices, and adventuring into the great unknown that is the world of trade wars leaves Ford (and frankly, many other stocks) in between a rock and a hard place. Ford has dropped 10% within the last month, it’s hitting a floor now and will probably not dip below $10 but it definitely …

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$IPGP Stock Update

IPG stock price plummeted some 26% on 2nd quarter earnings on July 31st: EPS of $2.21, below a $2.25 consensus estimate (up 16 percent year over year) Revenue for the quarter came in at $413.6 million after taking a $8.4 million hit due to depreciation of the euro and Chinese yuan this year Lowered projections included revenue …

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$EA Stock Update

Earnings released July 26th: EPS of 95 cents, beating estimates ($2.06 a share a year ago) Income of $293 million compared with $644 million a year ago Revenue fell to $1.14 billion from $1.45 billion a year ago A weak outlook of 58 cents per share sent the stock price down some 11% for the month. EA launched …

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$JPM Stock Update

      Earning released July 13th: $2.29 in the quarter, beating the $2.22 estimate Profit of $8.32 billion, 18% above expectations Trading revenue $5.4 billion, exceeding analysts’ estimates by a half-billion dollars Loans rose 4 percent to $948 billion, barely beating expectations for $945 billion Price is up 13% over the past month. My sentiment …

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$RNG Stock Update

Earnings release on August 4th: EPS of $0.19, beating estimates of $0.15 Earnings beat the last four quarters Revenue of $160.83 million, beating estimates (year-ago revenues of $119.44) EPS $0.15 -$0.17 expected next quarter and  $0.66 – $0.70 for the year RingCentral announced plans to integrate with Google Cloud’s new Contact Center AI, a solution that combines multiple …

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