Replies to post #107618 on Savvy Trades and Investments

[gilead23]

Appreciated I wasn’t looking for full commentary. Thx!

[SSKILLZ1]

AMRK

Brought some AMRK today at $28.44. I like AMRK and think it is too cheap.

The stock had a very strong q4, and earned a whopping $6.34 last fy. Which mean it has a PE of only 4.5 times last year. And I believe the company will consistently grow revs and eps over time. Hence here in the upper 20's seems like a good entry point, at the very least should revisit the low 40's at some point, maybe more. All is just my opinion, and I could always be wrong though.

[SSKILLZ1]

CPE

I joined you on CPE today at $33.99. I wanted a energy play with energy price really high despite today's price drop. And CPE was the slight top choice over the other two that made it too the final cut. Here is what I like.

1) CPE Earned $1.99 adjusted last quarter, and that was with oil price much lower last quarter than they are today. Th stock in my opinion is probably one of if not the cheapest energy stocks out. Analyst estimates are for $8.49 Next year which if oil stays aroundhere my guess is it will be significantly higher than that. Hence we are probably trading at somewhere of a PE of 3-4 based on where oil prices are right now. So real cheap.

2) CPE I believe gets a lower valuation because until just recently they weren't allocating funds to share holders, now with the recent stock buyback, I think CPE will revalue to like a PE of 5-6 at the very least. Hence I think CPE Could trade significantly higher than current prices.

3) CPE actually is a energy company that trades at a discount to book, and a significantly one at that. I see that as a plus as well.

Conclusion: I Like CPE here and will continue to add on weakness. All is just my opinion, and I could always be wrong though.