Episode 4 - Stock Analysis 2019 - Newell Brands
Finding Value Before Your Eyes
Get That Bread - A Value Investing Podcast · Stephen Lee & Mark
March 19, 201931m 4s
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Show Notes
Episode 4 - NEWELL BRAND
*Please check these links for more on NEWELL: YouTube Episode: http://bit.ly/2TVm5DX NWL Financial Model: http://bit.ly/2HGVtAa NWL Episode Notes: http://bit.ly/2TdFMCB *
- 0:04 INTRO
- 1:57 NEWELL PRODUCTS
- 2:11 Recapitalization Play - EQUITY AND DEBT
- 2:52 Investor Confidence
- 3:27 Earning & Sales
- 3:35 Poor Communication From company
- 3:49 Top Management OUT
- 4:28 Divestiture program
- 5:07 30% Returns
- 5:16 Near Term Headwinds
- 5:23 Toys R Us
- 6:03 Valuation Methodology
- 6:40 Value Range of Stock
- 7:31 YEAR END 2017 - Trading at $24.6 Billion dollars
- 8:31 DEBT FALLING
- 8:41 Decreased Share count - 41%
- 9:36 Market Capitalization
- 10:10 Margin of Safety
- 10:17 CEO Michael POLK on 3rd Quarter
- 11:21 RISKS?
- 12:00 Michael Polk Stepping Down
- 12:24 China Tariffs
- 14:14 Macro Risk - 10 Year Bull Run
- 15:34 Background Story - 2016
- 16:35 Revenue Targets Missed - 2016
- 17:00 2017 Transformation PLAN
- 17:25 EARLY 2018 - Carl Icahn Involved
- 17:35 Carl Icahn - 7% Interest in Company
- 18:20 Carl Icahn - 10%
- 19:00 Carl Icahn - 5 out of 12 Board Seats
- 19:18 What is Management Doing?
- 20:17 Research Process - Where did it come from?
- 20:48 Wall Street Journal Article - Newell
- 21:41 Yahoo Finance
- 23:26 DIG & ASK QUESTIONS
- 23:35 Investor Relations Page
- 24:44 SEC Documents
- 25:03 SEC EDGAR
- 25:27 Carl Icahn
- 26:16 Filings
- 26:54 Projections Model
- 27:26 Operating Margins
- 28:18 Guidance
- 29:26 Valuation & Trading Price
- 29:45 Please SUBSCRIBE, LIKE, and REVIEW
Find out more on the Get That Bread - A Value Investing Podcast website.