La Feng :)

I bought INTC at $21 and added at $20.

http://bbs.wenxuecity.com/finance/2992465.html

 

INTC...

 

 

来源: passers 于 2012-10-19 07:54:05 [档案] [博客] [旧帖] [转至博客] [给我悄悄话] 本文已被阅读：325次

字体：调大/调小/重置 | 加入书签 | 打印 | 所有跟帖 | 加跟贴 | 查看当前最热讨论主题 | 编辑 | 删除

 

 

I am happy to see the recent drop of technology stocks. Some of them start to look very attractive. 
Intel caught my eye yesterday.
Everyone thinks that PC is dead, and recent news confirmed it with weaker than expected demand for Personal Computers due and Tablet/Smart phone sales depress Intel's business for now. 

After looking at INTC's historical earnings and ability to profit. I am hoping and praying negative sentiment sent it to even lower prices. 

With current prices, INTC is paying above 4% dividend (almost 40% payout ratio). 21% profit margin for this year and earning yield of 10.97% for past twelve months. This is very attractive. I believe PC industry will not die and I might start a position in INTC in near future...

 

http://bbs.wenxuecity.com/finance/3041498.html

INTC...

 

 

来源: passers 于 2012-12-05 06:30:21 [档案] [博客] [旧帖] [转至博客] [给我悄悄话] 本文已被阅读：126次

字体：调大/调小/重置 | 加入书签 | 打印 | 所有跟帖 | 加跟贴 | 查看当前最热讨论主题 | 编辑 | 删除

source: http://www.bloomberg.com/news/2012-12-04/intel-plans-three-part-bond-offering-to-repurchase-common-stock.html?cmpid=yhoo

Intel issued $6 billion of bond for share buy back.

The is the detail:

$3 billion 5-year bond of 1.35% 

$1.5 billion 10-year bond of 2.7% 

$750 million 20-year of 4%

$750 million 30-year of 4.25%

This is a good move. Intel has good credit and strong financial to get these rates. Intel shares currently has 4.51% dividend. Taking advantage of low interest environment to issue bond and buy back shares actually will save them money and boost working capital. 

Let's take a quick look at its balance sheet.

Current ratio went up because they have more cash, and 38.77% of the assets are financed with debt. Given Intel's strong financial and even stronger cash cushion, there is no short term liquidity risk. I plan to increase my position in Intel :)