Sreeni Meka - Covestor

Berkshire Hathaway and Posco are trading way below intrinsic value

Sooner or later, Warren Buffett's company should trade at higher multiples than it is now.

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Manager Commentary Sreeni Meka on 16 Feb 2012
Q3 GDP should end up positive, so market prospects are good

Author: Sreeni Meka Covestor model: Long-Term Value As of the end of September, I just completed one year managing my model at Covestor. In one year my portfolio made a little over one percent versus a less than one percent S&P 500 return. It was relatively challenging year. The past three months for the market were ... read more

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Manager Commentary Sreeni Meka on 13 Oct 2011
Archer Daniels Midland earnings hit by corn prices (ADM)

Archer Daniels Midland Company (NYSE: ADM) is a vertically integrated agriculture conglomerate, with operations in procurement, transport, storage, processing and merchandising of a wide array of aggricultural commodities. The company recently reported its Q2 earnings: [ADM] today reported net earnings for the fiscal year ended June 30, 2011, of $ 2.0 billion and record segment operating ... read more

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Positions Frank on 3 Aug 2011
Why I'm bullish on Coinstar - Sreeni Meka (CSTR, CNIT)

Author: Sreeni Meka Covestor model: Long-Term Value Disclosures: Long CSTR On July 8th, the BLS announced 9.2% unemployment or 14.1 million unemployed, which was essentially unchanged since last month. The unemployment rate appears to be higher in groups with lower educational levels. Following the 1981 recession, it took almost three years for the unemployment rate ... read more

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Manager Commentary Frank on 19 Jul 2011
Guilty plea in leaked Apple secrets via 'expert networks' (AAPL)

Walter Shimoon has added to the tally of guilty pleas associated with so-called 'expert networks,' which the U.S. government claims is less 'expert' and more 'insider.' According to the New York Times, Walter Shimoon, a former employee at electronic manufacturer Flextronics, is the 12th person to plead guilty in the government’s investigation of expert network ... read more

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Positions Frank on 7 Jul 2011
How Apple uses its $50 billion cash hoard to crush rivals (AAPL)

Apple (NASDAQ: AAPL) is sitting on a massive cash hoard. When investors and techies speculate about what the company might do with its dough, answers tend toward acquisition targets. But the following, posted on Quora anonymously by someone who appears to know the business well, posits that Steve Jobs and his team are already putting ... read more

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Best of the Web Frank on 5 Jul 2011
This weak economy should actually help Monro Muffler Brake - S. Meka (MNRO, KSS)

Manager: Sreeni Meka Covestor model: Long Term Value According to the recent employment report, non-farm payrolls added a quarter million jobs and unemployment stayed at 9 percent, which is one and a half percent lower than peak 2008 unemployment figures. First quarter GDP edged up a little, to $15 trillion from last quarter’s $14.8 ... read more

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Manager Commentary Frank on 20 May 2011
This Chinese company has shown strong growth and appears cheap - S. Meka (CNIT, MNRO)

Author: Sreeni Meka Model: Long Term Value Disclosure: Long CNIT, MNRO Last Month, a tsunami hit Japan and took a toll on Japan and its economy. The death toll was in the thousands and caused enormous destruction to the nation’s daily life and its infrastructure. The unexpected Black Swan event jolted Japanese and global ... read more

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Manager Commentary Frank on 19 Apr 2011