Stock Talk - James Early, Motley Fool
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Tami Luhby, CNN MoneyTami Luhby, CNN Money
out there. All my family is out and Antarctica there in -- hockey players all these Bruins players that you love -- -- where you think they're from either from you figure from Massachusetts. What -- -- the American players on the crossed amber is here now so why. Why did you leave. My dad a transfer okay Kampman you'd still be their -- guys that are not facts you'd go back tomorrow -- if you. The problem is I'm not a good enough occupier he it to be. Saskatchewan. Produces more hockey players per capita than any other place in the world to -- a -- paid attention the past couple weeks. But supposedly the number one hockey player in the world it turns out. He's not that Iraqi player you know he is that it is just that the other Canadian playing against -- is a better player. -- birdie is a better player than Sidney Crosby . When he doing and you look at the game of hockey -- get ready looks at the offensive side of hockey chemicals that yet now it's a two -- game you gotta be of the play defense Sidney Crosby can't play defense he sucks and the defense he's he's he's a wimp. And he doesn't play. That's an uncle Chris Chelios . Give me a belt made him but he running each. Is. Like rich rich this is embarrassing to to stop that knowing that Jack and Roenick now. Wage on the island -- got your -- -- these. Players I sound yet I've actually her -- The hall of famers I mean it the best like Bobby or he's from Canada and -- now he's from Saskatchewan. Wayne Gretzky he's from -- In isolating it like that's your national sport that you didn't see any baseball players made it in the -
Casey Ross, Boston Globe, on PriceWaterHouseCooper's
Casey Ross, Boston Globe, on PriceWaterHouseCooper's
right now are taking a look at the waterfront -- the new real estate option. Then moving to a different officers bank put you know they want to establish -- -- exciting new abandoned building and so. The seaports and interest and opportunity that drawing a lot of companies trying to. Why I think I like the financial district to that what's the big attraction of the seaport area you name it may be a mess it's. Poll. It's cheap and it's that's the main thing is that you know right up there looking around at look at okay -- and I moved to and another office building downtown and I stay put. You know that the currently rate or should I mean he moved to the seaport there's a -
Shawn Kravetz, Esplanade Capital
Shawn Kravetz, Esplanade Capital
been and then. We'd like to buy the whole company and then negotiated transaction . Do you own any shares in the company now. We do we heard the second largest outside shareholder. The family owns roughly 90%. Of this company. DE Shaw. Very very large hedge fund in New York City is the largest outside shareholder and we are number two. Why panel why they're why they hesitating to solitude they must feel that the shares are worth Maurizio I think I can conclude. Well. I don't wanna speak for them but I suspect you're right on the money. They had no idea that and they know there's a lot of value there. And I guess they're confident that someday they will get that we would like to help shareholders get that values sooner rather than later. Because. We thought the assets -- well. You made the statement that you feel the -
What's Up On Wall Street - Andy Cinko, Bloomberg News
What's Up On Wall Street - Andy Cinko, Bloomberg News
we asked a question of the day which had to do with Social Security And collect your Social Security for retirement age or are you going to collect literally. 73%. Of Americans collect their Social Security early in the vast majority of cases I think that's a mistake but people do it for any reasons. When I came up with June and I think is a good idea for us to talk about is you know we're sitting here and and and acting all high and mighty. As it relates to this discussion about Social Security in the back the matter is we have access to tremendous resources on this topic whether the courts are now ski. Who worked for the departments of security for 37 years or whether it's Chris Farrell was a reporter for Bloomberg we have access to a lot of data. What I would like to do is make this information on Social Security Tips to maximizing -- worst Social Security benefits I'd like to make it available to our listening. I think it's they I think it's important. You know people refer to it I think some 97 -- as areas of securities of Ponzi scheme this. I disagree with you respectfully -- disagree with you but you know -- more importantly. Please educate yourself on Social Security Call this phone number it's 508591. 5444. Asked for the guide about Social Security tell the I would pay -- wanna learn more about Social Security Barry seems to know a lot you know why I read a -- I studied this stuff every day it's what I do for a living. 5085915444. Is the number you should call. Call them. Tell -- you're listening to the financial exchange and you want to learn more about how he can maximize your benefits. Out of Social Security I think you'll be glad you made the call I know I was glad when I read the report on Social Security Maybe a more informed consumer. 5085915444. Up next Sean Kravitz he's the president of a hedge fund. That has been trying for
Automatically Generated Transcript (may not be 100% accurate)
Well if you like dividend paying stocks you're gonna enjoy this interview James early. From the Motley Fool joins us today on the financial exchange James welcome to the show Daria Dolan. Good very picture of me not. And what it's talked about Douglas dynamics I started looking at the stock you know it's a twelve dollar stock and small lose 280 million dollar company but wow what a dividend. Yet -- because six point 4% yield at current prices it's it's definitely -- interesting company and it's it's not an industry did you typically find it didn't thanks docket which is one of the reasons I like that makes no -- I'll be done as wonder why the symbol is ALW. They make snowplows. But it they're tiny community 280 million dollars can they afford to pay this David because it appears to me that their dividend is -- in the yield. Our dividend is great excuse -- greater than their earnings. -- they have some some depreciation. Income tax. Our accounts and it's a little bit complicated basically either cash flow is about twice. What the earnings appear to be so in other words they actually do have the cash it doesn't show. On the account numbers right now on as the years go by it's gonna get more and more accurate but they certainly can pick it didn't is that the number one. Marketshare snowplow company in the US it has these these mostly filled -- professional the cost I. I've thousand dollars each. So it's it's a pretty strong company. I like it for for a couple of reasons one simply that it demands personal plows. Basically muted during the recession a lot of these special powers can't couldn't afford to buy new ones but. They can't postpone purchases for too long to have to buy at some point. And in this -- be the time and ironic because professional smoke while people with the customers of Douglas dynamics. This summer the late summer to peak buying -- this could be actually good time to get into that -- Let him know guys that are -- are -- the landscaper -- -- flush with cash now. Because they're they're busy couple lawns in and do their landscaping works would probably have the maximum violence. Actually right. And now we -- so where they bases Minnesota. Get this is -- nor -- have -- -- -- -- in in in Maine. They're mostly the US Europe can use agricultural equipment to remove -- -- try to break into that market but. The growth catalyst here is China -- frankly most the snow removal was done just by a guy with a shovel. Douglas is looking to to build the factory there it's very expensive to ship. The steel snowplow to China but -- build a back seat there and tap that market to in in North America the wild or. Road's surface area grows by about 1% 2% per year which doesn't sound like much but it's enough to keep it steady business going in and opt outs that. Global warming concerns as well we're actually adding more roads. What about -- Cato Corp. the symbol for this one C eight TO 29 dollars a share also a dividend Payer. Yeah I think this one could be worth 41 dollars this is a 3.4 percent yield. A little 35% pay -- issue this is sort of a little low priced clothing retailer. That operate in the south and but for middle American small towns that look for. Strip mall but it would typically with the Wal-Mart in the -- that's gonna drop a lot of traffic. And they they cater to people who don't wanna pay 150 dollars for prepared -- I'll put myself -- -- -- woman but I like pay that much for clinic. You did they have. Of their their answer in a 2030 bucks is a lot more reasonable yet they don't go for a very specific book and there was -- like all black girl like it because we have some very. Spread outlook which diversified them. Big thing here's locker room to grow. They're pretty much just in the south and very conservative with their expansion. I think they can take -- to ratchet it up a little bit in second at the recession resistant businesses. Look what price clothing there's gonna be always going to be -- that. Just women's closer -- as well. Just women's clothes just when it was about thirteen hundred stores. Looks -- from a PE ratio to attend the what's the PE looking forward. You know. Actually don't know look at -- at about twelve or thirteen right now yeah I'm I'm not a big multiple gotta be -- the idea morbid just gonna cash flow with little more. Talk assuming the ability to get a more accurate number and and again shares or 29 now and I think they give you work. 41 dollars and end this company's crush yes and the over the past decade by like -- fifty percentage points that it's been strong performer continue to expect more of that. Very good -- appreciate your time thanks for joining us James Rick thank -- that's James early from the Motley Fool with his two stock picks the first one was plow PL OW that had a dividend yield of six point 4%. Second stock pick I'd never been in one of the -- you ever heard Qaeda will be fortunate I have not and that's a big deal of and -- women's clothing -- Unite ha aha he must not sell those knee high boots. Awkward. At Cato Corp. 29 dollars a share right now the symbol for -- we see 82 ago.
