January Update: 'Margin Of Safety' Stocks That Trade At A Discount To Value

By Margin of Safety Equity Research:This short article is a bimonthly news update of stocks for value investors that we follow in our “Margin of Safety Portfolio.” These are stocks identified to have a durable competitive advantage and, based upon our intrinsic valuation models and fundamental analysis, are trading at a discount to intrinsic value Current trends and events

By Margin of Safety Equity Research:This short article is a bimonthly news update of stocks for value investors that we follow in our “Margin of Safety Portfolio.” These are stocks identified to have a durable competitive advantage and, based upon our intrinsic valuation models and fundamental analysis, are trading at a discount to intrinsic value. Current trends and events

Roughly 17 million barrels of crude a day flow through the Strait of Hormuz and Iran has threatened to block the strait if Europe imposes economic sanctions. How credible is that threat? Joint Chiefs of Staff says Iran Has Ability to Block Strait of Hormuz Please consider Iran Has Ability to Block Strait of Hormuz, U.S. General Dempsey Tells CBS

The United States has nothing left to pressure Tehran over its nuclear programme except for war, and if it chooses conflict Iran could close a key energy chokepoint, its envoy to Baghdad told AFP on Thursday.

With the market still hopeful of some deus ex resolution to the Fiscal Cliff will take place in the last few trading sessions of the year (one where the market itself will not have to be the catalyst for such a resolution, because once the selling starts in earnest, who knows if and when it stops, hence the loading up on prodigious amounts of puts), here is Iran out of left field, adding yet another known unknown to the inequality, announcing that it will begin six days of naval drills in the Straits of Hormuz on Friday.

BlackBerry has been bumped. Microsoft’s Windows Phone operating system overtook BlackBerry in global shipments in the first quarter of 2013 to claim third place ranking with a 3.2% share of the market, according to industry tracking firm International Data Corporation (IDC). BlackBerry dropped to fourth place with 2.9% market share, down from 6.4% during the first quarter of 2012. The Waterloo, Ont.-based firm’s quarterly smartphone shipments fell to 6.3 million from 9.7 million a year ago.

By Valuentum: Savvy investors know that price does not equal value. And commentary that does not discuss the intrinsic value of a firm based on its future free cash flow stream is incomplete. As part of our process, we perform a rigorous discounted cash-flow methodology that dives into the true intrinsic worth of companies.

Iranian forces have carried out what they called cyber warfare tactics for the first time as the Islamic republic's naval units staged manoeuvres in the key Strait of Hormuz, media reports said on Monday.