Old School Value blog

Empowering value investors with stock valuation, ideas and tutorials

Rarely do you See Such an Excellent Airline

February 20th, 2012 | Comments (1)

Allegiant Travel Company (ALGT) is a very interesting company. It is an airline company so when I first heard the name in 2009 or so, I immediately dismissed it as I don’t bother with airlines. ALGT came up again in the 2011 Forbes Best Small Company list so it was time to give it a chance. Upon reading ALGT’s company reports, I found it very educational and highly entertaining.

The Road Less Taken

February 17th, 2012 | Comments (6)

It is always easier to read and write about companies that I would buy. Passing on a company is easy and is recommended by most people. You are told to skip it and move on to a better opportunity. But I’m learning that it isn’t always the case.

The Best Piostroski Screen Combination

February 14th, 2012 | Comments (12)

I have gone through in detail the Piotroski criteria and backtested the results to see whether it really did achieve what the academic papers claim. My conclusion? It has resulted in outstanding performance.
While all my other value strategies did poorly in 2011, the Piotroski 2011 performance was very respectable at -1.3%.

IEC: Capable Management but Shareholder Friendly?

February 10th, 2012 | Comments (2)

The initial question I start with, but in this case, nothing jumped out screaming value.
On a side note, IEC is ranked number 3 in the 2011 Forbes Best Small Companies list and the companies that show up on this list are usually growth orientated which is why I can’t conclude as easily whether it is cheap or not.

The Secret GRVY Recipe to Produce 50% YTD

February 7th, 2012 | Comments (7)

I am still very bullish on the company and the original thesis is still intact. GRVY is set to release the sequel to their blockbuster game after 7 long years of delays, redevelopment and more delays. GRVY has shot up 50% with increasing volume and it is a good time to review the probabilities of downside vs upside.

MPAC: Typical Scenario of Ineffective Management

February 3rd, 2012 | Comments (1)

MOD-PAC is a high value-added, on-demand print services firm that is focused on the design and manufacture of folding cartons. It also has a personalized print product line. The term folding cartons is the box packaging used for cereals and any other product with box based packaging with printed designs.

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