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| zerolikedis |
 Posted: Tue Sep 12, 2006 5:45 am Post subject: WWY |
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Investing Manager
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I want to buy this in my roth and hold it for a while. does it make cents since it will be only 10 shares. it pays a small divi and i sell when it hits 55 i guess?
never bought stock in my ira before so any opinons would be appreciated |
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| zerolikedis |
| Posted: Thu Sep 21, 2006 9:39 am Post subject: |
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Investing Manager
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| this one too. please add thoughts if any |
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| Buyout |
| Posted: Thu Sep 21, 2006 11:38 am Post subject: |
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Investing Associate
Joined: 12 Sep 2006
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I would consider a nice meal instead and/or a NL MF
After Comm., Annual Maintenance fee for the IRA you'll make about 45.00 gain.
WWY is not likely to hit 55.00 within a reasonable time to make it worth your while. |
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| Im Not Warren Buffett |
| Posted: Thu Sep 21, 2006 8:23 pm Post subject: |
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CFO
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Wrigley is an interesting stock and company, in my opinion. From a valuation standpoint, traditional measures show it is overvalued. Wrigley, however, has never really looked cheap using such metrics and has provided a superior historical return to stock market averages. The company is an excellent one, and I think it ranks up there with Coca-Cola on the simple-but-incredibly-profitable businesses list. They sell something like 5 out of every 6 pieces of chewing gum sold in the U.S., and the margins are nice.
So does this mean you should buy Wrigley for your IRA? I don't think WWY is very risky (they've been around over 100 years), but I think there are much better values out there that also pay a nice dividend, if you desire one. WWY is priced for perfection and Cadbury has really been doing everything they can to steal market share... and there is the issue of valuation: right now, I see Wrigley as just being to expensive relative to cash flow and growth. They are increasing capital expenditures and haven't seen any increase in earnings or cash flow. For a $12 billion company, they have a rich trailing and forward P/E, and a PEG ratio north of 2.00; those aren't impressive values which say "buy". I would advise against buying WWY. |
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| zerolikedis |
| Posted: Wed Nov 15, 2006 11:19 am Post subject: |
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Investing Manager
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| bought 11@ 45 at will sell soon at 53 |
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| Im Not Warren Buffett |
| Posted: Wed Nov 15, 2006 1:17 pm Post subject: |
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CFO
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| I guess you made the right call with the buy, but I see it as being even more overvalued now. I guess that a rising tide lifts all boats though. |
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| zerolikedis |
| Posted: Thu Jun 26, 2008 9:15 am Post subject: |
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Investing Manager
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bump i know ive been gone for long
darn you i sold way to early.
INWB thanks fot WTI and ARLP i made decent gains . i wish i put more money into those when i bought |
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| prs1065 |
| Posted: Thu Jun 26, 2008 12:10 pm Post subject: |
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Investing Manager
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