Warner Brothers reported yesterday that Where the Wild Things Are made $3.1 million on IMAX screens from Friday through Sunday. The movie opened on 145 screens in the United States. This opening represents the biggest fall opening for an IMAX movie ever. The film contributed nine percent of the total box office revenue.
This is nice to see for another movie opening in wide release on IMAX screens. The company continues to sign movies and add to its slate.
Rounding out 2009 are three movies that should all contribute heavily to IMAX revenue. The first will be This Is It (The Michael Jackson Concert Footage Movie), A Christmas Carol, and Avatar.
This is it will be in theaters for a limited time only so it should have strong results each week it is in IMAX theaters. The movie is currently outselling New Moon for preordered tickets at theaters across the nation.
*Disclaimer-I own shares of IMAX in my Sogotrade account*
Tuesday, October 20, 2009
Monday, October 19, 2009
Novmeber 10th important date for Video Game sales and Activision.
November 10th marks the release of Activision's Call of Duty : Modern Warfare 2.
Activision, with its recent merger with Blizzard, holds the video game rights to Call of Duty, Guitar Hero, World of Warcraft, Starcraft, and Diablo. The company also produces video games based on movies under license.
Call of Duty: Modern Warfare 2 is the latest chapter in the first person game franchise. There have been numerous games released since the initial Call of Duty game was put out in 2004. The games are available on numerous platforms.
The last Call of Duty game (Call of Duty World at War) was released close to one year ago. The game sold over eleven million copies. The newest game will likely surpass that. My estimate for Modern Warfare 2 would be 15 million copies.
The game is already on the Amazon bestsellers list for several platforms. The XBOX 360 version of the game is currently number 5 and has been on the bestseller list for 145 days. The Playstation 3 version of the game comes in at number fourteen. The Prestige edition (includes real night vision goggles, art book, and a token to download the original Call of Duty) for XBOX 360 is currently number twenty one. This version of the game sells for $149.95 currently on Amazon. The Prestige Playstation 3 version of the game is at number thirty seven. The PC version of the game is number fifty five. The Hardened edition (includes art book and token to download the original Call of Duty) for XBOX 360 is number eighty. That version of the game sells for $79.99. Also on the bestseller list is Call of Duty: Modern Warfare for XBOX 360.
At a local Gamestop store, they have received over 250 preorders for the game. Gamers still have several weeks to preorder the game as well and I see that number jumping. In comparison Halo 3 had only seventy preorders at this particular Gamestop. Most Gamestops will be opening doors at midnight on November 9th to let gamers get to playing as soon as possible.
The game has sold over 2.2 million preorders. Activision has said this has been their highest preorder sales ever.
Activision recently released Guitar Hero 5 and Marvel Ulitmate Alliance 2.
The upcoming slate looks strong for Activision as well.
-DJ Hero and Band Hero both come out in time for the holidays and further expand the dominating music game genre that Activision is so strong in.
-Big League Sports is a new sports game exclusively for the Nintendo Wii.
-A new racing game called Blur.
-Interactive Tony Hawk game with motion controlled skateboard for the Nintendo Wii.
The biggest release next year will be Starcraft 2. The games is for PC and is the sequel to the popular Starcraft game. The game was amazingly successful in Asia where it is a part of the culture, providing reality television competitions. The game is already in the top 1000 on Amazon's video game list.
Activision Blizzard continues to be the leader in video games. The franchise releases widely popular games each year, especially in the current Christmas season. The brands included are Guitar Hero, Call of Duty, Starcraft, Diablo, Tony Hawk, Wolfenstein. Through licenses the company releases games of Spider Man, Transformers, Cabelas Hunting, Marvel Ultimate Alliance, X Men, Shrek, Madagascar, James Bond, and several others.
I currently hold shares of Activision in my Sogotrade account. The stock is at $12.50 today. When I wrote about the stock last year before Christmas the stock traded below $10. Once Mordern Warfare 2 is released the stock should run up nicely to $15. I think Activison (ATVI) could trade at $20 by 05/10.
If you don't have an online broker buy stocks for $3 each here.
Activision, with its recent merger with Blizzard, holds the video game rights to Call of Duty, Guitar Hero, World of Warcraft, Starcraft, and Diablo. The company also produces video games based on movies under license.
Call of Duty: Modern Warfare 2 is the latest chapter in the first person game franchise. There have been numerous games released since the initial Call of Duty game was put out in 2004. The games are available on numerous platforms.
The last Call of Duty game (Call of Duty World at War) was released close to one year ago. The game sold over eleven million copies. The newest game will likely surpass that. My estimate for Modern Warfare 2 would be 15 million copies.
The game is already on the Amazon bestsellers list for several platforms. The XBOX 360 version of the game is currently number 5 and has been on the bestseller list for 145 days. The Playstation 3 version of the game comes in at number fourteen. The Prestige edition (includes real night vision goggles, art book, and a token to download the original Call of Duty) for XBOX 360 is currently number twenty one. This version of the game sells for $149.95 currently on Amazon. The Prestige Playstation 3 version of the game is at number thirty seven. The PC version of the game is number fifty five. The Hardened edition (includes art book and token to download the original Call of Duty) for XBOX 360 is number eighty. That version of the game sells for $79.99. Also on the bestseller list is Call of Duty: Modern Warfare for XBOX 360.
At a local Gamestop store, they have received over 250 preorders for the game. Gamers still have several weeks to preorder the game as well and I see that number jumping. In comparison Halo 3 had only seventy preorders at this particular Gamestop. Most Gamestops will be opening doors at midnight on November 9th to let gamers get to playing as soon as possible.
The game has sold over 2.2 million preorders. Activision has said this has been their highest preorder sales ever.
Activision recently released Guitar Hero 5 and Marvel Ulitmate Alliance 2.
The upcoming slate looks strong for Activision as well.
-DJ Hero and Band Hero both come out in time for the holidays and further expand the dominating music game genre that Activision is so strong in.
-Big League Sports is a new sports game exclusively for the Nintendo Wii.
-A new racing game called Blur.
-Interactive Tony Hawk game with motion controlled skateboard for the Nintendo Wii.
The biggest release next year will be Starcraft 2. The games is for PC and is the sequel to the popular Starcraft game. The game was amazingly successful in Asia where it is a part of the culture, providing reality television competitions. The game is already in the top 1000 on Amazon's video game list.
Activision Blizzard continues to be the leader in video games. The franchise releases widely popular games each year, especially in the current Christmas season. The brands included are Guitar Hero, Call of Duty, Starcraft, Diablo, Tony Hawk, Wolfenstein. Through licenses the company releases games of Spider Man, Transformers, Cabelas Hunting, Marvel Ultimate Alliance, X Men, Shrek, Madagascar, James Bond, and several others.
I currently hold shares of Activision in my Sogotrade account. The stock is at $12.50 today. When I wrote about the stock last year before Christmas the stock traded below $10. Once Mordern Warfare 2 is released the stock should run up nicely to $15. I think Activison (ATVI) could trade at $20 by 05/10.
If you don't have an online broker buy stocks for $3 each here.
Friday, September 18, 2009
Top Ten Stocks for 2009 Nine Month Update
I meant to originally do this in July at the half way point but instead here is a nine month update on my top ten stock picks for 2009.
All ten stocks are positive on the year. Three have doubled in value. These results are counting 2009 dividends for JNJ, MO, GLW, and DE as well
JNJ +4%
HANS +4%
DE +19%
MO +26%
ATVI +37%
GLW +63%
RIG +82%
IMAX +101%
MPEL +118%
DNDN +534%
The average gain for the ten stocks so far this year is 98.8%.
Dendreon (DNDN) is the biggest gainer so far with a huge jump due to positive results from its prostate cancer drug.
If Dendreon is taken out the average gain is 50% for the stocks.
As the market begins to recover it takes time and research to find stocks that can break out. The ten stocks which I have identified have all turned positive. Three have doubled in value. Half of the stocks have gone up more than fifty percent in value.
The original post of my top ten stocks with reasons for picking can be found here:
http://stockworldpicks.blogspot.com/2009/01/my-top-10-stocks-for-2009.html
Please post comments about my top ten stocks as well as what you think the rest of the year has in store for them.
*Disclaimer-I own shares of Altria (MO) and Imax (IMAX) in real life*
All ten stocks are positive on the year. Three have doubled in value. These results are counting 2009 dividends for JNJ, MO, GLW, and DE as well
JNJ +4%
HANS +4%
DE +19%
MO +26%
ATVI +37%
GLW +63%
RIG +82%
IMAX +101%
MPEL +118%
DNDN +534%
The average gain for the ten stocks so far this year is 98.8%.
Dendreon (DNDN) is the biggest gainer so far with a huge jump due to positive results from its prostate cancer drug.
If Dendreon is taken out the average gain is 50% for the stocks.
As the market begins to recover it takes time and research to find stocks that can break out. The ten stocks which I have identified have all turned positive. Three have doubled in value. Half of the stocks have gone up more than fifty percent in value.
The original post of my top ten stocks with reasons for picking can be found here:
http://stockworldpicks.blogspot.com/2009/01/my-top-10-stocks-for-2009.html
Please post comments about my top ten stocks as well as what you think the rest of the year has in store for them.
*Disclaimer-I own shares of Altria (MO) and Imax (IMAX) in real life*
Thursday, September 17, 2009
Altria (MO) and Phillip Morris (PM) raise dividends
Through the past year I have watched three companies which I own stock in cut their dividend payments. The three companies were GE, NWL, and PFE.
I was happy to see recently that Altria (MO) and Phillip Morris International (PM) currently both raised their dividends. It is nice to see companies with strong cash flows that are not afraid to raise payouts and reward shareholders.
*Disclaimer-I own shares of GE, NWL, PFE, MO, PM*
I was happy to see recently that Altria (MO) and Phillip Morris International (PM) currently both raised their dividends. It is nice to see companies with strong cash flows that are not afraid to raise payouts and reward shareholders.
*Disclaimer-I own shares of GE, NWL, PFE, MO, PM*
IMAX Looks to 2010 and 2011.
This past week Imax announced two movies that will be shown on its large format screens in 2010 and 2011.
The two movies are Spider Man 4 and Tron.
Tron Legacy comes to Imax screens in December of 2010. The movie adds to a lineup that already includes:
Alice in Wonderland 3D
Hubble 3D
How to Train Your Dragon 3D
Shrek Forever After 3D
Spider Man 4 is the only movie slated for 2011 with a release date of May 6th of that year.
Cloudy with a Chance of Meatballs opens this Friday followed by Where the Wild Things Are the month after that.
Imax also signed a new theater deal with China.
This year continues to shape up and be an amazing year for Imax.
COntinue to look at chances to buy this stock under $10 as it is headed up past $15.
*Disclaimer-I own shares of IMAX in my Sogotrade account*
The two movies are Spider Man 4 and Tron.
Tron Legacy comes to Imax screens in December of 2010. The movie adds to a lineup that already includes:
Alice in Wonderland 3D
Hubble 3D
How to Train Your Dragon 3D
Shrek Forever After 3D
Spider Man 4 is the only movie slated for 2011 with a release date of May 6th of that year.
Cloudy with a Chance of Meatballs opens this Friday followed by Where the Wild Things Are the month after that.
Imax also signed a new theater deal with China.
This year continues to shape up and be an amazing year for Imax.
COntinue to look at chances to buy this stock under $10 as it is headed up past $15.
*Disclaimer-I own shares of IMAX in my Sogotrade account*
Friday, July 24, 2009
Imax Adds to 2009 Lineup
Yesterday Imax reported that it has added two movies to its 2009 slate.
The first movie is: Where the Wild Things Are
Where the Wild Things Are is based on a children's book. Max, the main character of the book is sent to bed without dinner and creates a fictional world of ferocious monsters. The monsters crown Max as their king in the forest where they live. The movie is directed by Spike Jonze, who previously directed Being John Malkovich, Adaptation, and several music videos. The movie stars Catherine Keener, Mark Ruffalo, James Gandolfini, Forest Whitaker, and Paul Dano. The movie is a live action adaption of the book. The movie will be released in Imax and conventional theaters on Ocotober 16th, 2009.
The second movie is: Cloudy With a Chance of Meatballs
Cloudy With a Chance of Meatballs is also based on a book but will be adapted in 3D animation. The movie is about an inventor who tries to make an invention that will change the world. The movie stars Bill Hader, Anna Faris, Andy Samberg, Bruce Campbell, Neil Patrick Harris, and Mr. T. The movie will be released in Imax and conventional theaters on September 18th, 2009.
How do these two movies impact Imax earnings?
Revenue-This year movies shown on Imax have contributed around eight percent of the total box office revneue of movies released. Transformers is around eight and a half percent currently and Night at the Museum was eight percent.
Where the Wild Things are should gross around $125 million in its theatrical run. I would guess five to eight percent of that would be on Imax Screens. That would mean $6.25 to $10 million. Transformers in perspective, just crossed the $40 million mark on Imax screens but it was a larger budget movie.
Cloudy With a Chance of Meatballs should gross around $80 million in its theatrical run. I would guess a higher percent since the movie is being shown in 3D which typically do better on IMAX screens (Monsters vs. Aliens). Seven to ten percent would be my guess which would represent a gross of $5.6 to $8 million on Imax screens.
Lineup-Imax has done well to secure big studio releases in 3D and conventional form which can generate more revenue than the documentaries shown on Imax screens. The 2009 Imax season has been very strong so far with Star Trek, Monsters vs. Aliens, Transformers 2, and Night at the Museum 2 posting strong box office results so far.
The rest of 2009 certainly looks strong with Harry Potter and the Half Blood Prince coming soon to Imax. Other 2009 Imax movies include: A Christmas Carol and Avatar plus the aformentioned Cloudy with a Chance of Meatballs and Where the Wild Things are. There are still two gaps in 2009 release schedule that can be filled with movies to generate more revenue.
I recommended this stock previously and made it one of my top ten stocks for 2009. The stock has doubled since that period. I still remain optimistic about the stock and think it is headed towards $10-$12. This would be and additional seventeen plus percent gain on the stock price.
When results are released from the next quarter the stock could make a nice run that day. Buy some on any pullbacks. Anything below $8 would be a strong buy.
*Disclaimer-I own shares of Imax in my real life portfolio*
The first movie is: Where the Wild Things Are
Where the Wild Things Are is based on a children's book. Max, the main character of the book is sent to bed without dinner and creates a fictional world of ferocious monsters. The monsters crown Max as their king in the forest where they live. The movie is directed by Spike Jonze, who previously directed Being John Malkovich, Adaptation, and several music videos. The movie stars Catherine Keener, Mark Ruffalo, James Gandolfini, Forest Whitaker, and Paul Dano. The movie is a live action adaption of the book. The movie will be released in Imax and conventional theaters on Ocotober 16th, 2009.
The second movie is: Cloudy With a Chance of Meatballs
Cloudy With a Chance of Meatballs is also based on a book but will be adapted in 3D animation. The movie is about an inventor who tries to make an invention that will change the world. The movie stars Bill Hader, Anna Faris, Andy Samberg, Bruce Campbell, Neil Patrick Harris, and Mr. T. The movie will be released in Imax and conventional theaters on September 18th, 2009.
How do these two movies impact Imax earnings?
Revenue-This year movies shown on Imax have contributed around eight percent of the total box office revneue of movies released. Transformers is around eight and a half percent currently and Night at the Museum was eight percent.
Where the Wild Things are should gross around $125 million in its theatrical run. I would guess five to eight percent of that would be on Imax Screens. That would mean $6.25 to $10 million. Transformers in perspective, just crossed the $40 million mark on Imax screens but it was a larger budget movie.
Cloudy With a Chance of Meatballs should gross around $80 million in its theatrical run. I would guess a higher percent since the movie is being shown in 3D which typically do better on IMAX screens (Monsters vs. Aliens). Seven to ten percent would be my guess which would represent a gross of $5.6 to $8 million on Imax screens.
Lineup-Imax has done well to secure big studio releases in 3D and conventional form which can generate more revenue than the documentaries shown on Imax screens. The 2009 Imax season has been very strong so far with Star Trek, Monsters vs. Aliens, Transformers 2, and Night at the Museum 2 posting strong box office results so far.
The rest of 2009 certainly looks strong with Harry Potter and the Half Blood Prince coming soon to Imax. Other 2009 Imax movies include: A Christmas Carol and Avatar plus the aformentioned Cloudy with a Chance of Meatballs and Where the Wild Things are. There are still two gaps in 2009 release schedule that can be filled with movies to generate more revenue.
I recommended this stock previously and made it one of my top ten stocks for 2009. The stock has doubled since that period. I still remain optimistic about the stock and think it is headed towards $10-$12. This would be and additional seventeen plus percent gain on the stock price.
When results are released from the next quarter the stock could make a nice run that day. Buy some on any pullbacks. Anything below $8 would be a strong buy.
*Disclaimer-I own shares of Imax in my real life portfolio*
Friday, May 8, 2009
Imax Earnings
Fourth Quarter 2009 Results were issued today by Imax corporation.
The results were positive.
-Operating Income was $2 million (vs. loss of $5.6 million last year)
-A loss of .06 per share (was loss of .25 last year)
-Theater network (Commercial) grows by 40%
The CEO still says that they will return to profitability in 2009.
Watchmen made an average of $92,000 per IMAX screen.
Monsters vs. Aliens made an average of $125,000 pe IMAX screen.
As of March 31, 2009 the backlog of IMAX is 190 theater systems.
Star Trek opens today and it is sold out for two locations by me already. Then it's Night at the Museum 2 opening after two weeks of Star Trek.
This company is going to make some money.
Shares are at $7.05 and are looking like they might break past the 52 week of $8.28. Buy Now.
The results were positive.
-Operating Income was $2 million (vs. loss of $5.6 million last year)
-A loss of .06 per share (was loss of .25 last year)
-Theater network (Commercial) grows by 40%
The CEO still says that they will return to profitability in 2009.
Watchmen made an average of $92,000 per IMAX screen.
Monsters vs. Aliens made an average of $125,000 pe IMAX screen.
As of March 31, 2009 the backlog of IMAX is 190 theater systems.
Star Trek opens today and it is sold out for two locations by me already. Then it's Night at the Museum 2 opening after two weeks of Star Trek.
This company is going to make some money.
Shares are at $7.05 and are looking like they might break past the 52 week of $8.28. Buy Now.
Monday, April 27, 2009
Modern Warfare 2 Shaping up to be biggest anticipated game of year.
Activision, a company which I own stock in, is releasing Modern Warfare 2 on November 10, 2009. The game will be the sequel to the widely sold Call of Duty 4:Modern Warfare. That game sold over 12 million copies. Those numbers made Modern Warfare 1 the most sold first person action game of all time.
Friday, April 17, 2009
MPEL Update
I haven't been updating on this blog very much lately and thought I should update some of my top ten stocks.
Today MPEL is trading at $4.45 while I write this. When I mentioned it in my Top Ten Stocks for 2009 at the start of the year, it was trading at $3.17. That makes the stock up 40% currently.
There is still plenty of room to run. City of Dreams, the company's newest casino opens in June. The company is aiming at families with a new Hard Rock themed casino which will feature dealers dressed as rock stars. There also will be a dome theater that will feature chinese animated shows. City of Dremas will be the only new casino in Macau in the next two to three years so it should generate lots of buzz and lots of new visitors.
The stock traded around $15 in May of 2008. Look for the stock to retun to that level after the new casino opens. That would be over a double on this nice foreign stock play.
Today MPEL is trading at $4.45 while I write this. When I mentioned it in my Top Ten Stocks for 2009 at the start of the year, it was trading at $3.17. That makes the stock up 40% currently.
There is still plenty of room to run. City of Dreams, the company's newest casino opens in June. The company is aiming at families with a new Hard Rock themed casino which will feature dealers dressed as rock stars. There also will be a dome theater that will feature chinese animated shows. City of Dremas will be the only new casino in Macau in the next two to three years so it should generate lots of buzz and lots of new visitors.
The stock traded around $15 in May of 2008. Look for the stock to retun to that level after the new casino opens. That would be over a double on this nice foreign stock play.
Friday, March 6, 2009
Bought More Shares of Imax Today.
I upped my position in IMAX today before the weekend. Shows of Watchmen are sold out in my area and throughout the nation. The 12:01 am friday morning shows were all sold out throughout America. Watchmen will play on more screens than 300 did. The toal number is 124 screens domestically, and 29 screens internationally. Advance sales of Imax tickets for the movie were over $2 million before the first show took place this morning.
Imax.com has experienced increased traffic. You can watch several trailers on the site and buy tickets. Movietickets.com announced on Wednesday that one third of all Watchmen tickets sold were for Imax screens.
I bought today going into the weekend as I expect numbers to come out on Sunday. Look for this stock to move on Monday morning. Look for any pullbacks in the week and buy under $5. This stock has more great movies coming.
*Disclaimer-I own shares of IMAX in real life in my Sogotrade account.
Imax.com has experienced increased traffic. You can watch several trailers on the site and buy tickets. Movietickets.com announced on Wednesday that one third of all Watchmen tickets sold were for Imax screens.
I bought today going into the weekend as I expect numbers to come out on Sunday. Look for this stock to move on Monday morning. Look for any pullbacks in the week and buy under $5. This stock has more great movies coming.
*Disclaimer-I own shares of IMAX in real life in my Sogotrade account.
Thursday, March 5, 2009
Wal Mart Raises Dividend
Wal Mart today announced they would be raising their dividend. The company will now pay out $1.09 annually. This is up from $0.95 for the past year. Sales were up at Wal Mart stores and Sams Club stores for the most recent month reported. International sales were down slightly due to currency exchanges. If not for the currency international sales would have also been up.
Wal Mart (WMT) is one of only two stocks in the Dow to have posted a positive gain in 2008. The stock is also one of only two Dow stocks to rise today.
The company looks great right now as it is saving Americans money and providing everything they need in one supercenter.
Look at Wal Mart shares to climb once again in 2009. My target $60 by 12/31/09.
Wal Mart (WMT) is one of only two stocks in the Dow to have posted a positive gain in 2008. The stock is also one of only two Dow stocks to rise today.
The company looks great right now as it is saving Americans money and providing everything they need in one supercenter.
Look at Wal Mart shares to climb once again in 2009. My target $60 by 12/31/09.
Thursday, February 26, 2009
The Worlds Cheapest Car
Tata Motors (TTM) announced a date today for the release of the Nano. The Nano which will be the world's cheapest car, will be available in India on March 23rd. The car will cost 100,000 rupee, which translates currently to just over $2000 American dollars.
This is a great time to release the car and in a growing middle class market too. The car will sell well for a long time until a competitor comes along that can beat the price.
I own shares of Tata Motors. I bought them because of the Nano. I recommend you to buy shares of Tata Motors since it has been beaten.
This is a great time to release the car and in a growing middle class market too. The car will sell well for a long time until a competitor comes along that can beat the price.
I own shares of Tata Motors. I bought them because of the Nano. I recommend you to buy shares of Tata Motors since it has been beaten.
Friday, February 20, 2009
Coca Cola raises dividend, shift brands, and remains strong through tough times.
Coca Cola (KO) raised their dividend this week from thirty eight cents to forty one cents each quarter. The most recent dividend will be paid April first to shareholders as record of March 15. Coca Cola has raised dividends thirty seven consecutive years. This shows the strength of the brand and company as many recent companies have cut or eliminated thier dividend payments to focus on restructuring and raising additional capital.
In related Coca Cola news, Pepsi announed a deal to distribute Rockstar energy drinks. This brand was previously distributed by Coca Cola. The details are sketchy and just announced at this point. I read into this as Coke's decision to let one brand go (Rockstar which most recently lost market share) and bring in one (Monster which is gaining market share). The company recently announced a deal to distribute Hansen Naturals Monster energy drink. The drink is number two in the world behind Red Bull (Privately held). Monster is not even available in some European markets and will be distributed by Coca Cola in those new countries. Letting Rockstar go as I'm assuming is what happened with the new Pepsi deal furthers my belief that Coca Cola will buy Hansen Natural within the next three years. Their exclusive agreement was signed as a long term deal but I think really is just a preview to see what they will be buying.
Vitamin Water continues to sell well as consumers shift from carbonated drinks to helathier options. The company has great athletes promoting this brand. The company has room to expand with new flavors and new sizes of the drink.
I recommend buying shares of Coca Cola below $45 with a target of $60 by 03/01/10
Also recommend buying shares of Hansen (HANS) below $35 with a long term target of $50 (by a buyout of Coca Cola)
In related Coca Cola news, Pepsi announed a deal to distribute Rockstar energy drinks. This brand was previously distributed by Coca Cola. The details are sketchy and just announced at this point. I read into this as Coke's decision to let one brand go (Rockstar which most recently lost market share) and bring in one (Monster which is gaining market share). The company recently announced a deal to distribute Hansen Naturals Monster energy drink. The drink is number two in the world behind Red Bull (Privately held). Monster is not even available in some European markets and will be distributed by Coca Cola in those new countries. Letting Rockstar go as I'm assuming is what happened with the new Pepsi deal furthers my belief that Coca Cola will buy Hansen Natural within the next three years. Their exclusive agreement was signed as a long term deal but I think really is just a preview to see what they will be buying.
Vitamin Water continues to sell well as consumers shift from carbonated drinks to helathier options. The company has great athletes promoting this brand. The company has room to expand with new flavors and new sizes of the drink.
I recommend buying shares of Coca Cola below $45 with a target of $60 by 03/01/10
Also recommend buying shares of Hansen (HANS) below $35 with a long term target of $50 (by a buyout of Coca Cola)
Bill Gates a fan of Crocs Shoes?
It was recenlty announced that billionaire Bill Gates has purchased shares of Crocs Inc (CROX) through his investment arm Cascade. This is the third purchase of CROX shares by Cascade. This one was placed for three million shares in the fourth quarter. Through Cascade he now owns over two percent of the once hot company.
Crocs beat earnings estimates recently. They still posted a loss but a smaller one then the street expected. Sales were down fourty four percent in the quarter.
Crocs beat earnings estimates recently. They still posted a loss but a smaller one then the street expected. Sales were down fourty four percent in the quarter.
Monday, February 16, 2009
Under the Sea off to a nice start on IMAX screens.
Under the Sea, a documentary narrated by Jim Carrey, opened on 49 screens this past weekend. The movie made $857,000, which averages out to $17,490 per theater. This is a nice average and a nice first showing for a documentary on the big screen. This movie will stay in Imax for a little while but will lose screenings to Watchmen in two weeks. Watchmen will make millions of dollars on IMAX. Look for any dip in shares this week. The slate is strong for 2009.
*Disclaimer-I own shares of IMAX in real life.
*Disclaimer-I own shares of IMAX in real life.
Thursday, February 12, 2009
Mead Johnson looks sharp in IPO
Mead Johnson shares traded up today in its inital day on the open exchange.
Shares sit at around $27.
The company was spun off of Bristol Myers Squibb. They gained $720 million by seeling about 15% of the company. They will retain at least 80% of the company for the near future.
A dividend plan has already been announced for .30 a quarter providing $1.20 a year.
The company makes Enfamil, a leader in baby formula. Baby formula seems to be pretty recession proof as babies kept being born and most mothers don't decide on breast feeding or bottle feeding based on cost but personal choices.
I plan on buying shares sometime next week at anything under $30.
Check back for an update next week as this one is going to move next week.
Shares sit at around $27.
The company was spun off of Bristol Myers Squibb. They gained $720 million by seeling about 15% of the company. They will retain at least 80% of the company for the near future.
A dividend plan has already been announced for .30 a quarter providing $1.20 a year.
The company makes Enfamil, a leader in baby formula. Baby formula seems to be pretty recession proof as babies kept being born and most mothers don't decide on breast feeding or bottle feeding based on cost but personal choices.
I plan on buying shares sometime next week at anything under $30.
Check back for an update next week as this one is going to move next week.
Underr the Sea in Imax 3D
The following link I found which gives a preview of a minute of footage from the new documentary Under the Sea which is showing on IMAX screens now.
Click Here
*Disclaimer-I own shares of Imax in my Sogotrade account in real life.
Click Here
*Disclaimer-I own shares of Imax in my Sogotrade account in real life.
My stocks today
Soon, I will be posting the earnings reports and my interpretations for two of the stocks I own, ATVI and BWLD.
In the meantime a quick update.
ATVI shares are down as they reported a loss with GAAP (a profit without)
BWLD shares were up over 30% after their blowout quarter
AAV shares (my Canadian oil trust that pays a monthly dividend) cut their montly dividend from .08 to .04 a share.
In the meantime a quick update.
ATVI shares are down as they reported a loss with GAAP (a profit without)
BWLD shares were up over 30% after their blowout quarter
AAV shares (my Canadian oil trust that pays a monthly dividend) cut their montly dividend from .08 to .04 a share.
Netflix passes 10 million subscribers
Netflix announced that it has passed the 10 million subscriber mark. The news comes a little early as this was thought to hit at the end of the quarter that they are half way through. Shares traded up on the news. Shares have moved nicely this year and are getting close to a $41 fifty two week high. I am a netflix subscriber and would of loved to have been a shareholder at the same time I started subscribing. I have also been a blockbuster subscriber as I gave their Total Access a try with a neighboring Blockbuster being a convenience.
Blockbuster recently announced it will be renting games through the mail. This is not a suprising move but suprising that they beat Netflix to it. For a couple of years it has been made as a note that Netflix should buy Gamefly, the already dominating video game rental through mail service. I think they should buy Gamefly or at least join in to take away from Blockbuster. The video game market is growing and the only potential problem is the sports game that are reprodcued annually. The games could be resold to game stores or consumers. Gamestop has had no problem reselling used games.
Look for shares to fall back closer to $30 before you pull the trigger. Shares should trade at $50 at some point in 2010.
Blockbuster recently announced it will be renting games through the mail. This is not a suprising move but suprising that they beat Netflix to it. For a couple of years it has been made as a note that Netflix should buy Gamefly, the already dominating video game rental through mail service. I think they should buy Gamefly or at least join in to take away from Blockbuster. The video game market is growing and the only potential problem is the sports game that are reprodcued annually. The games could be resold to game stores or consumers. Gamestop has had no problem reselling used games.
Look for shares to fall back closer to $30 before you pull the trigger. Shares should trade at $50 at some point in 2010.
Dow Chemical has first dividend cut in copmany's history.
Since 1912, Dow Chemical has paid a dividend every quarter. The dividend had increased every year until today. The dividend is being cut however and not eliminated. The dividend goes from $0.42 to $0.15. The $0.60 still represents a 6% yield on $10 shares. The company has battled with the struggling economy. Shares have traded as high as $43.43 in the past fifty two weeks. Shares have tumbled straight down with no real bounce backs.
The company had previously had an agreement to acquire Rohm & Haas in a $15 billion deal. The financing that Dow was going to receive fell through.
The 64% dividend cut will save the company $1 billion annually. This is a much needed move. The dividend will still be 6% for those who hold onto it. Shares should be trading closer to $15 which would drop the yield down to 4-5%.
I would hold the stock and look for any drops to $9 and buy aggressively.
The company had previously had an agreement to acquire Rohm & Haas in a $15 billion deal. The financing that Dow was going to receive fell through.
The 64% dividend cut will save the company $1 billion annually. This is a much needed move. The dividend will still be 6% for those who hold onto it. Shares should be trading closer to $15 which would drop the yield down to 4-5%.
I would hold the stock and look for any drops to $9 and buy aggressively.
Sunday, February 8, 2009
Jonas Brothers added to IMAX lineup
Imax recently announced that the new Jonas Brothers 3D Concert film will be shown on IMAX theaters February 27th, 2009. The concert will be in select theaters for a brief one week period but should provide a nice uptick for IMAX sales.
As an IMAX shareholder this further excites me about their amazing 2009 lineup which I wrote about before here:
http://stockworldpicks.blogspot.com/2009/01/imax-lineup.html
*Disclaimer-I own shares of IMAX in my real life Sogotrade account.
As an IMAX shareholder this further excites me about their amazing 2009 lineup which I wrote about before here:
http://stockworldpicks.blogspot.com/2009/01/imax-lineup.html
*Disclaimer-I own shares of IMAX in my real life Sogotrade account.
Wyeth Deal by Pfizer will add to cash flow and pipeline.
For fiscal 2008 the following were Wyeths top products by Revenue:
Effexor $3.9 billion
Prevnar $2.7 billion
Enbrel (outside US and Canada) $2.6 billion
Enbrel (in US and Canada) $1.2 billion
Nutritionals $1.6 billion
Zosyn/Tazocin $1.3 billion
Premarin $1.1 billion
Protonix $806 million
Centrum $728 million
Advil $673 million
All of these were increases from fiscal 2007 except Protonix, as it lost about half its revenue to generic competition, and Advil, which had a small two percent decrease. Enbrel increased twenty seven percent outside of the United States and twenty percent within North America.
A couple years ago Pfizer sold its consumer goods business to Johnson and Johnson and now with a new CEO they appear to be getting back into the cash flow created by consumer healthcare brands. With the deal they gain the following consumer brands:
Advil, Centrum, Chap-Stick, Dimetapp, Premarin, Preparation H, Robitussin
The deal also adds a nice animal health product line that will make Pfizers one of the leading animal healthcare companies.
In the pipeline for Wyeth, the biggest is an alzheimers drug in Phase III that could turn out to be a blockbuster. The combination of Pfizers pipeline and research being applied to Wyeths pipeline could find a couple blockbusters.
I am a Pfizer stockholder in my real life Sogotrade account. I like the stock a lot right now under $15. There will be pressure on the company to find a blockbuster to replace Lipitor for a couple of years. This deal creates much needed cash flow from consumer products to help reincrease the recently cut dividend.
Buy Pfizer at under $17. The stock will be hitting $20 after this deal goes through.
Effexor $3.9 billion
Prevnar $2.7 billion
Enbrel (outside US and Canada) $2.6 billion
Enbrel (in US and Canada) $1.2 billion
Nutritionals $1.6 billion
Zosyn/Tazocin $1.3 billion
Premarin $1.1 billion
Protonix $806 million
Centrum $728 million
Advil $673 million
All of these were increases from fiscal 2007 except Protonix, as it lost about half its revenue to generic competition, and Advil, which had a small two percent decrease. Enbrel increased twenty seven percent outside of the United States and twenty percent within North America.
A couple years ago Pfizer sold its consumer goods business to Johnson and Johnson and now with a new CEO they appear to be getting back into the cash flow created by consumer healthcare brands. With the deal they gain the following consumer brands:
Advil, Centrum, Chap-Stick, Dimetapp, Premarin, Preparation H, Robitussin
The deal also adds a nice animal health product line that will make Pfizers one of the leading animal healthcare companies.
In the pipeline for Wyeth, the biggest is an alzheimers drug in Phase III that could turn out to be a blockbuster. The combination of Pfizers pipeline and research being applied to Wyeths pipeline could find a couple blockbusters.
I am a Pfizer stockholder in my real life Sogotrade account. I like the stock a lot right now under $15. There will be pressure on the company to find a blockbuster to replace Lipitor for a couple of years. This deal creates much needed cash flow from consumer products to help reincrease the recently cut dividend.
Buy Pfizer at under $17. The stock will be hitting $20 after this deal goes through.
Thursday, February 5, 2009
Procter and Gamble selling pharmaceutical business.
Today, a source announced Procter and Gamble is selling its pharmeceutical unit. They have hired Goldman Sachs to help with the sale. This unit of Procter and Gamble is responsible for $2 billion in sales. The sale is part of creating shareholder value for the company.
Shares of Procter and Gamble fell to a 52 week low recently after earnings were announced. I will write about those earnings soon. I just wanted to pass along this news and my take on it. Speculations will begin as to who will be bidding on the unit that includes Pepto Bismol and Prilosec.
I would say that Johnson and Johnson would be one likely suitor as they are the leader in consumer drugs. Johnson and Johnson bought the consumer drug unit from Pfizer a few years back. Recently Pfizer announced it would be buying Wyeth, which would give it more consumer drugs. Another outside pick is Chattem, the owner of Gold Bond, Icy Hot, and Flexall. The company has recently bought out of favor units from companies and turned them into market leaders. The drugs they would gain are already market leaders.
The exit is a smart move for Procter and Gamble to raise some cash. They recently sold Folgers and gained half of Smuckers as a result.
Shares of Procter and Gamble fell to a 52 week low recently after earnings were announced. I will write about those earnings soon. I just wanted to pass along this news and my take on it. Speculations will begin as to who will be bidding on the unit that includes Pepto Bismol and Prilosec.
I would say that Johnson and Johnson would be one likely suitor as they are the leader in consumer drugs. Johnson and Johnson bought the consumer drug unit from Pfizer a few years back. Recently Pfizer announced it would be buying Wyeth, which would give it more consumer drugs. Another outside pick is Chattem, the owner of Gold Bond, Icy Hot, and Flexall. The company has recently bought out of favor units from companies and turned them into market leaders. The drugs they would gain are already market leaders.
The exit is a smart move for Procter and Gamble to raise some cash. They recently sold Folgers and gained half of Smuckers as a result.
Visa Earnings
Visa's net income rose 35% over last year. Revenue rose 17% over last year. The earnings were a bit of a suprise as financial companies have struggled in this economy.
Debit transactions increased 18% and credit transactions increased 10%.
International presence continues to help the company. Volume rose 4% in Central Europe, the Middle East and Africa. Volume was up 27% in Latin America nd the Caribbean. Volume also rose in the Africa region by 20%. In America volume was up only 7.1%.
Visa doesn't actually issue credit it is done through the banks. The company doesn't have as much risk as a bank. But with banks giving out less credit, transactions were expected down a bit.
2009 earnings are expected at $2.62 per share. This is about 19 to 20 times earnings for this next year.
The stock is a decent buy right now since the company is calling for 20% growth through at least 2010. I had previously put a price target of $80 by February of 2009. I back that guidance with late February or early March as a goal.
Shares today trade at: $53.60
Target price 03/09: $80
Debit transactions increased 18% and credit transactions increased 10%.
International presence continues to help the company. Volume rose 4% in Central Europe, the Middle East and Africa. Volume was up 27% in Latin America nd the Caribbean. Volume also rose in the Africa region by 20%. In America volume was up only 7.1%.
Visa doesn't actually issue credit it is done through the banks. The company doesn't have as much risk as a bank. But with banks giving out less credit, transactions were expected down a bit.
2009 earnings are expected at $2.62 per share. This is about 19 to 20 times earnings for this next year.
The stock is a decent buy right now since the company is calling for 20% growth through at least 2010. I had previously put a price target of $80 by February of 2009. I back that guidance with late February or early March as a goal.
Shares today trade at: $53.60
Target price 03/09: $80
Monday, February 2, 2009
Wal Mart at 52 Week Low
Today, Wal Mart was trading at a new fifty two week low of $46.25. The price is around thirteen times this years earnings. Share have dropped significantly from $63 last September. The shares have been hit just like all others with worries of a recession and less consumer spending.
Wal Mart is a defensive stock in my opinion rather than a retail stock. The company will not be phased by the economic worries as much as any other retailer. Customers who cut back on spending may even shop at Wal Mart more than they had in the past.
The company continues to raise its dividend every year. The shares below $50 is a gift. Shares will bounce back and will be trading around $65 by September 2009.
Wal Mart is a defensive stock in my opinion rather than a retail stock. The company will not be phased by the economic worries as much as any other retailer. Customers who cut back on spending may even shop at Wal Mart more than they had in the past.
The company continues to raise its dividend every year. The shares below $50 is a gift. Shares will bounce back and will be trading around $65 by September 2009.
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