January 28, 2012
I have a soft spot in my heart for companies that are out-of-the-way, meaning that no one thinks about what they do. CSG Systems, for example, does nothing but handle the billing paperwork for other companies. And John B Sanfilippo & Son, Inc. (JBSS), is a producer of nut products. Owing to high levels of […]
January 17, 2012
Lexmark, the well-known printer company, presently offers a robust free cash flow yield of roughly 15%, and also has a vast cushion of cash and investments representing more than a third of its market cap. Although a lot of that money is in overseas subsidiaries, whatever isn’t is being wisely used to buy back shares […]
January 8, 2012
In my last article discussing Black Box, part of my positive opinion of the company was its performance in 2009. This led me to consider how far back into a company’s earnings history we should go. Ben Graham in his Security Analysis recommends at least a decade, but that runs into the situation that a […]
January 2, 2012
Black Box Corporation (BBOX) is a provider of network infrastructure services, which embraces design, sourcing, installation, and maintenance of network. Roughly 60% of the company’s income is from voice communications, but the data infrastructure portion has been slowly increasing and represents 23% of income based on the latest two quarters. The company also has a […]