Takeshi Fujimaki, a former adviser to billionaire George Soros and now a member of Japan's upper house of parliament, said a fiscal crisis in Asia's second- biggest economy is inevitable and neither a higher sales tax nor the 2020 Olympics will be able to stop it.
“I decided to become a politician because I think financial crisis will come sooner or later,” Fujimaki said in a Sept. 24 interview in Tokyo. “This total debt will continue to increase. I don't think Japan can survive until 2020.”
Yields on 10-year Japanese government bonds may jump to 70% based on what happened in Russia when it defaulted in 1998, Fujimaki said. The benchmark yield is now the lowest in the world at 0.68% and the cost to protect the sovereign debt from default is near a four-month low at 62 basis points.
5 Best Communications Equipment Stocks To Own For 2015: Stage Stores Inc.(SSI)
Stage Stores, Inc. operates as a specialty department store retailer that offers branded and private label apparel, accessories, cosmetics, and footwear for women, men, and children in the United States. The company also offers sportswear, dresses, intimates, home and gift products, outerwear, swimwear, and other products. It primarily focuses on consumers in small and mid-sized markets. The company operates stores under the names of Bealls, Goody?s, Palais Royal, Peebles, and Stage. Stage Stores, Inc. also sells its products through its Web site. As of March 06, 2012, it operated 819 stores in 40 states. Stage Stores, Inc. is headquartered in Houston, Texas.
Advisors' Opinion:- [By Anna Prior]
Stage Stores Inc.(SSI) said it agreed to sell its Steele’s retail stores to financial services firm Hilco Global later this year, which contributed to a drop in fiscal fourth-quarter earnings. The top line missed expectations, and the sales view for the year also fell below the consensus view.
- [By Dan Caplinger]
On Friday, Stage Stores (NYSE: SSI ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.
- [By Jake L'Ecuyer]
Stage Stores (NYSE: SSI) was also up, gaining 13.47 percent to $22.41 after the company reported Q4 results and announced the sale of its Steele's off-price division to a new retail unit of Hilco Global.
Top 10 Japanese Stocks To Buy For 2014: Select Medical Holdings Corporation(SEM)
Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates specialty hospitals and outpatient rehabilitation clinics in the United States. The company?s Specialty Hospitals segment offers long term acute care hospital services and inpatient acute rehabilitative hospital care. This segment provides services for various medical conditions, such as respiratory failure, neuromuscular disorders, traumatic brain and spinal cord injuries, strokes, non-healing wounds, cardiac disorders, renal disorders, and cancer. As of December 31, 2011, it operated 110 long term acute care hospitals and 9 inpatient rehabilitation facilities in 28 states. The Outpatient Rehabilitation segment operates clinics; and provides physical, occupational, and speech rehabilitation services. It offers medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools, and worksites. This segment also pro vides specialized programs, such as functional programs for work related injuries, hand therapy, and athletic training services. As of December 31, 2011, it operated 954 outpatient rehabilitation clinics in 32 states and the District of Columbia. Select Medical Holdings Corporation was founded in 1996 and is headquartered in Mechanicsburg, Pennsylvania.
Advisors' Opinion:- [By Sean Williams]
What: Shares of Select Medical (NYSE: SEM ) , an operator of specialty hospitals and outpatient rehabilitation centers, dipped as much as 14% after the company reported disappointing first-quarter results and provided an uninspiring full-year outlook.
- [By Rich Duprey]
Specialty hospitals and outpatient rehabilitation clinic operator�Select Medical� (NYSE: SEM ) �announced yesterday that it had successfully completed the�private placement of�$600 million�worth of its 6.375% senior notes due in 2021.
- [By Ben Levisohn]
Overvalued companies include MWI Veterinary (MWIV) and�Stericycle (SRCL), while companies with attractive valuations include Cardinal Health (CAH), Selected Medical (SEM). He’s not a fan of Intrexon (XON) but calls�Aratana (PETX) a “hidden gem.”
- [By Jonas Elmerraji]
2013 has been a pretty poor year for shareholders of Select Medical Holdings (SEM). Shares of the billion-dollar health care facilities stock have fallen around 10% since the calendar flipped over to January. That means that SEM is underperforming the S&P 500 by more than 36% year-to-date. But investors could be in store for a reprieve thanks to the bullish setup that's been forming in shares.
SEM is currently forming an ascending triangle bottom, a bullish setup that's formed by a horizontal resistance level above shares at $9 and uptrending support to the downside. Basically, as shares of Select bounce in between those two technically-important levels, they're getting squeezed closer and closer to a breakout above our $9 price ceiling. When that happens, we've got a buy signal in shares.
Select Medical broke its downtrend back in the summer, but $9 has held firm as resistance ever since. One potential early indicator of a breakout is going to be momentum: 14-day RSI has hit its head on 70 the last couple times SEM hit its head on $9. A breakout above 70 on the momentum gauge is likely to lead the price breakout.
Top 10 Japanese Stocks To Buy For 2014: Travelzoo Inc(TZOO)
Travelzoo Inc., an Internet media company, together with its subsidiaries, publishes travel and entertainment deals from travel and entertainment companies, and local businesses in North America and Europe. Its publications and products include the Travelzoo Websites, such as travelzoo.com, travelzoo.ca, travelzoo.co.uk, travelzoo.de, www.travelzoo.es, and travelzoo.fr; the Travelzoo Top 20 e-mail newsletter; and the Newsflash e-mail alert service. The company also operates SuperSearch, a pay-per-click travel search tool; Travelzoo Network, a network of third-party Websites that list deals published by Travelzoo; and Fly.com, a travel search engine that allows users to find the best prices on flights from various airlines and online travel agencies. In addition, it provides Local Deals and Getaways services that allow its subscribers to purchase vouchers for deals from local businesses, such as spas, hotels, and restaurants through the Travelzoo Website. As of December 31, 2011, the company?s advertiser base included approximately 2,000 travel companies, entertainment companies, and local businesses, including airlines, hotels, cruise lines, vacations packagers, tour operators, destinations, car rental companies, travel agents, theater and performing arts groups, restaurants, spas, and activity companies. Travelzoo Inc. was founded in 1998 and is headquartered in New York, New York.
Advisors' Opinion:- [By Peter Graham]
The Q1 2014 Tripadvisor Inc (NASDAQ: TRIP) earnings report is due after the market closes on Tuesday, May 6th, with investors and traders alike who follow either the stock or large cap Priceline Group Inc (NASDAQ: PCLN), mid cap Expedia Inc (NASDAQ: EXPE) and small caps Travelzoo Inc (NASDAQ: TZOO) and Orbitz Worldwide, Inc (NYSE: OWW) should be paying attention to it. Aside from the Tripadvisor Inc earnings report, it should be said that Travelzoo Inc released 1Q 2014 earnings on April 17th and Expedia Inc released earnings last Thursday while the Q1 2014 Orbitz Worldwide earnings report is due today before the market opens and the Priceline Group Inc earnings report is due out on Thursday, May 8, at 9:30AM EDT. However, Tripadvisor Inc is a little different from these other travel booking companies as its main focus is to provide travel advice or reviews written by real travelers (which obviously leads to travel bookings that they make money on).
- [By Tom Taulli]
Valuation: Even with after the Expedia stock sell-off, shares of EXPE remain far from cheap. EXPE stock is trading for a trailing P/E of 46 vs. 33 for Priceline and 23 for Travelzoo (TZOO).�And considering the recent volatility, investors are certainly jittery about EXPE stock. As a result, another earnings disappointment could have a severe impact.
- [By Rich Smith]
If you are a Travelzoo (NASDAQ: TZOO ) shareholder but own fewer than 25 shares, management would really appreciate it if you would just go away.
Top 10 Japanese Stocks To Buy For 2014: Carlisle Companies Incorporated (CSL)
Carlisle Companies Incorporated operates as a diversified manufacturing company in the United States and internationally. Its Construction Materials segment manufactures and sells rubber and thermoplastic polyolefin roofing systems; rigid foam insulation panels for various roofing applications; and liquid and spray-applied waterproofing membranes, vapor and air barriers, and HVAC duct sealants and hardware for the commercial and residential construction markets, as well as markets and sells polyvinyl chloride membrane and accessories. The company�s Transportation Products segment offers bias-ply, steel-belted radial trailer tires, stamped or roll-formed steel wheels, non-automotive rubber tires, and tire and wheel assemblies; and power transmission products, such as industrial belts and related components. Its Brake and Friction segment provides off-highway braking systems and friction products for off-highway, on-highway, aircraft, and other industrial applications. The company�s Interconnect Technologies segment offers wire, cable, contacts, fiber optic, RF/microwave, and specialty filtered connectors; specialty cable assemblies; integrated wired racks; trays; and airframe subsystem solutions primarily for the aerospace, defense electronics, and test and measurement industries. Its FoodService Products segment provides commercial and institutional foodservice permanentware, table coverings, cookware, display pieces, lighting equipment, and supplies to restaurants, hotels, hospitals, nursing homes, schools, and correctional facilities; and industrial brooms, brushes, mops, and rotary brushes. The company markets its products to original equipment manufacturers, distributors, and end-users. It serves customers in commercial roofing, energy, agriculture, lawn and garden, mining and construction equipment, aerospace and electronics, dining and food delivery, and healthcare markets. The company was founded in 1917 and is headquartered in Charl otte, North Carolina.
Advisors' Opinion:- [By Lee Samaha]
Carlisle Companies (NYSE: CSL ) also has a major construction materials division that supplies roofing products to Beacon. It appears to have taken the opposite approach to Owens Corning, and gone for volume growth instead of� keeping pricing and margins up.�In discussing its third quarter results on Oct.22, Carlisle disclosed:
- [By Adam Haigh]
CSL Ltd. (CSL), a maker of blood-derived therapies that gets about 38 percent of sales in the U.S., gained 3.5 percent in Sydney. Cnooc Ltd. (883), China�� largest offshore energy explorer, added 2.1 percent in Hong Kong as crude oil traded near a 14-month high. Dentsu Inc., a Japanese advertising company that bought Aegis Group Plc, sank 9.2 percent after saying it will raise as much as 120.1 billion yen ($1.2 billion) selling shares to help pay for the deal.
- [By Adam Haigh]
CSL Ltd. (CSL), an Australian maker of blood-derived therapies, climbed 2 percent to A$65.96 in Sydney, a second day of gains. The company will announce another share buyback of at least A$900 million ($824 million) at its full-year earnings release in August, Bank of America Corp. analyst Matthew Prior wrote in a report, upgrading the shares to buy from neutral.
Top 10 Japanese Stocks To Buy For 2014: Dreamworks Animation SKG Inc. (DWA)
DreamWorks Animation SKG, Inc. engages in the development, production, and exploitation of animated feature films and characters worldwide. It provides animated feature films and characters for the theatrical, home entertainment, television, and merchandising and licensing markets. The company also offers television specials and series, live entertainment properties, online virtual worlds, and related consumer products. It has approximately 21 animated feature films, including Shrek the Third, Shrek 2, and Madagascar. The company has strategic alliances with McDonald?s, Hewlett-Packard, Intel, and Samsung. DreamWorks Animation SKG, Inc. was founded in 1985 and is headquartered in Glendale, California.
Advisors' Opinion:- [By Geoff Gannon]
That stock is DreamWorks Animation (DWA).
I won�� try to defend DreamWorks as a Phil Fisher stock. I�� sure a lot of you are scratching your heads right now about that name and what it has to do with Phil Fisher. If you are ��I�� suggest learning more about DreamWorks.
- [By Geoff Gannon] e, here is DWA�� film inventory:
In release, net of amortization: $326 million
Completed, not released: $14 million
In production: $558 million
In development: $30 million
Total: $929 million
There are also notes explaining that $17 million worth of the in release inventory belongs to live performances rather than films (DreamWorks has a musical based on Shrek, a How to Train Your Dragon arena show, etc.).
So that means released films account for around $309 million of DreamWorks��book value. This is important because DreamWorks��book value is just under $16 a share and the stock is trading at $17.20 a share as I write this.
In the case of DreamWorks, the way they account for their films and the stock price relative to book value is very important because these film assets account for a lot of DreamWorks��value.
So a human can do important work by looking at the balance sheet, looking at the notes on film amortization, and then researching DreamWorks past releases and trying to figure out how ��if at all ��their economic value differs from their book value.
With some other companies, it is easy to see the company owns a lot of valuable assets ��but it may not matter to the investment decision the way it does with DreamWorks.
A good example is Copart (CPRT). Copart owns thousands of acres of land around the U.S. Some of it is quite valuable. It�� carried on the balance sheet at $343 million. That number excludes buildings and improvements (which had an original cost of another $384 million).
Some of that land ��for example, some of the earliest properties they still own in California ��are worth much, much more than they are carried for.
But that fact actually isn�� that important. Why not?
Because Copart earns very high returns on its net tangible assets. We��e talking about probably 20% to 30% returns on tangible investment. You don�� normally earn 20% on
- [By Chris Hill]
Universal Pictures'�Fast and Furious 6 racked up an estimated $120 million at the box office in the U.S. over Memorial Day weekend. It was the biggest opening weekend in Universal Pictures history. Comcast (NASDAQ: CMCSA ) is the parent company of Universal Pictures. DreamWorks Animation's (NASDAQ: DWA ) Epic also did brisk business at the box office. The animated film brought in $42 million in its opening weekend. In this installment of MarketFoolery, our analysts take stock in Fast and Furious and explain the genius behind DreamWorks' epic move.
Top 10 Japanese Stocks To Buy For 2014: Shanda Games Ltd (GAME)
Shanda Games Limited (Shanda Games), incorporated on June 12, 2008, is engaged in the development and operation of online games and related businesses in the People�� Republic of China. Some of its online games are also Web games, which the Company categorizes as either massively multiplayer online role-playing games (MMORPGs) or advanced casual games, rather than as a separate category of online games. As of February 29, 2012, Shanda Games operated 35 online games. Its game player base, which consisted of 20.4 million average monthly active users and 4.5 million average monthly paying users for the three-month period ended December 31, 2011. In April 2011, the Company acquired a 51.85% interest in a game operating company, which provides services in East Asia.
As of December 31, 2011, the Company owned 149 software copyrights. As of December 31, 2011, it owned or licensed 53 trademarks. As of December 31, 2011, it owned or licensed 329 registered domain names, including its official Website and domain names registered in connection with each of the games the Company offers. As of December 31, 2011, it had 17 patent applications pending with the State Intellectual Property Office of China. The Company operates MMORPGs, advanced casual games and Web games in China. Its MMORPGs are action adventure-based and draw upon themes, such as martial arts adventure, fantasy, strategy and historical events. The Company develops and sources an array of game content through multiple channels, including in-house development, licensing, investment and acquisition, and joint operation. Through these channels, it has built a diversified game portfolio and a game pipeline.
The Company licenses games from international and domestic developers. As of February 29, 2012, 13 of its 35 online games were licensed from third-party developers, including Mir II. It invests in independent game development and operating studios identified by 18 Capital. The Company acquire intellectual property rights t! o online games; equity rights in online game development and operating studios, or an option to acquire equity interests in online game development and operating studios in the future.
The Company operates its business in People's Republic of China, through its wholly owned subsidiaries, which consist of Shengqu Information Technology (Shanghai) Co., Ltd. (Shengqu), Shengji Information Technology (Shanghai) Co., Ltd. (Shengji), Lansha Information Technology (Shanghai) Co., Ltd. (Lansha) and Kuyin Software (Shanghai) Co., Ltd (Kuyin); its variable interest entities and their subsidiaries (VIEs), which consist of Shanghai Hongli Digital Technology Co., Ltd. (Shanghai Hongli) and Shanghai Shulong Technology Development Co., Ltd. (Shanghai Shulong) and their wholly owned subsidiaries, Shanghai Shulong Computer Technology Co., Ltd. (Shulong Computer), Nanjing Shulong Computer Technology Co., Ltd. (Nanjing Shulong), Chengdu Youji Technology Co., Ltd. (Chengdu Youji), Tianjin Youji Technology Co., Ltd. (Tianjin Youji), Chengdu Aurora Technology Development Co., Ltd. (Chengdu Aurora), and Chengdu Simo Technology Co., Ltd. (Chengdu Simo).
The Company competes with Tencent Holdings Limited, NetEase.com, Changyou.com Limited, Perfect World Co., Ltd., Giant Interactive, Kingsoft Corporation Limited, KongZhong Corporation, NetDragon Websoft Inc., Nineyou International Limited, The9 Limited, Activision Blizzard, Inc., Electronic Arts Inc., Zynga Inc., NCSoft Corporation, and Nexon Corporation.
Advisors' Opinion:- [By Eric Volkman]
Shanda Games� (NASDAQ: GAME ) saw a decline in bottom line for its Q3, but still beat analyst estimates. The China-based company posted revenue of 1.12 billion yuan�($183 million), modestly higher than the 1.09 billion yuan�($178 million)�in the same period the previous year. Attributable net income came in at just under 399 million yuan ($65 million;�$0.24 per diluted American depositary share), compared with Q3 2012's 405 million yuan ($66 million;�$0.24).
- [By James E. Brumley]
In a perfect world, Oasis Petroleum Inc. (NYSE:OAS) and Shanda Games Limited (NASDAQ:GAME) would always reflect the true underlying value of their respective companies. In reality, GAME and OAS are both well-watched, and frequently-traded, stocks that can take on a life of their own, reflecting ever-changing opinions of the companies rather than the companies' actual value. There's an upside to that disconnect, however - knowing each chart may or may not reflect the actual value of Shanda Games Limited and Oasis Petroleum means you can take the clues given to us by their chart. After all, since charts are just a reflection of public opinion, and since public opinion is actually rather predictable, the way things appear to be - visually - may actually be the way things are. And in this case, the way things are with OAS happens to be a polar opposite with the way things are with GAME.
- [By Roberto Pedone]
Another under-$10 gaming player that's starting to move within range of triggering a major breakout trade is Shanda Games (GAME), which is an online game company in China in terms of the size, diversity of its game portfolio, game revenues and game player base. This stock is off to a strong start in 2013, with shares up by 24%.
If you take a look at the chart for Shanda Games, you'll notice that this stock has formed a major bottoming chart pattern over the last two months, with shares of GAME finding significant buying interest whenever it's pulled back to around $3.80 a share. Shares of GAME are now starting to trend within range of triggering a major breakout trade above some key near-term overhead resistance levels. Those levels have acted as resistance for GAME for the last two months.
Market players should now look for long-biased trades in GAME if it manages to break out above some near-term overhead resistance levels at $4.85 to $4.98 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 1.71 million shares. If that breakout triggers soon, then GAME will set up to re-test or possibly take out its 52-week high at $6.42 a share.
Traders can look to buy GAME off weakness to anticipate that breakout and simply use a stop that sits right below its 50-day at $4.18 a share or below that major support at $3.80 a share. One can also buy GAME off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By Evan Niu, CFA]
What: Shares of Shanda Games (NASDAQ: GAME ) have popped today by as much as 11% after the game maker launched a new title with early success.
Top 10 Japanese Stocks To Buy For 2014: Cadus Corp (KDUS)
Cadus Corporation (Cadus), incorporated in January 23, 1992, has a wholly owned subsidiary, Cadus Technologies, Inc. (the Subsidiary), which holds all patents, patent applications, know how, licenses and drug discovery technologies of the Company. The Company maintains all its strains, as well as a biological database that catalogues its collection of cells, cell lines, yeast strains and genetic engineering tools. This database has approximately 30,000 entries, which include the phenotype and the genotype of the cell or yeast strain and its storage site. As of December 31, 2011, the Company had no internal or external drug discovery operations.
Yeast
The Company has developed technologies based on yeast that are useful in identifying drug discovery candidates targeted at G Protein-coupled receptors. Yeast is a single-celled microorganism that is used to make bread, beer and wine. Both yeast and human cells consist of a membrane, an intracellular region and a nucleus containing genes. The genes in yeast express proteins, including cell-surface receptors, such as G Protein-coupled receptors and signaling molecules, such as protein kinases, that are similar to human proteins.
Hybrid Yeast Cells
The Company developed a technology to insert human genes into yeast cells to create hybrid yeast cells. Its scientists created hybrid yeast cells by replacing yeast G Protein-coupled receptor genes and certain signaling molecules with their human equivalents. As a result, these hybrid yeast cells express a human G Protein-coupled receptor and a portion of its signaling pathway. These hybrid yeast cells can be used to identify those compounds that act as agonists or antagonists to that receptor or a molecule that is in its signaling pathway. The Company designed and developed more than 25 thousand genetically different yeast strains that can be used to build hybrid yeast cells (the Yeast System).
The Company competes with Glaxo Smith Kline, Plc.
Advisors' Opinion:- [By Geoff Gannon] cash producing business like ADDvantage (AEY) that happens to be overcapitalized. I'd much rather own a business with real earnings rather than wait for something to happen with a pile of cash.
My question is this: How cheap is cheap enough? Clearly (to me), George Risk (RSKIA) is cheap at or even just above book value. It's a darn good business so I'm getting high quality assets and earnings power. That gets less clear when looking at lower quality businesses.
For example:
Solitron (SODI) sells at 74% of NCAV, has decent z- and f-scores, a FCF margin of 5.3% and an ROA of 12%.
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