Dear Diary,
I bought shares of Decker Outdoor (DECK) at $103.26, based on a projected expanding Net Profit Margin in the "Value Line" presentation from 12.7% in August, 2009, to 13.3% presently, to 14.29% for 2010. The p/e ratio was 12.45 yesterday, about as high a p/e ratio as I would ever want to buy a stock.
Shares of Kinetic Concepts (KCI) were purchased at $38.32 a share, based on a projected expanding Net Profit Margin, as well. The NPM was 12.0% in the August, 2009, "Value Line," 12.5% presently and 12.7% in 2010. The p/e ratio was 9.98.
Shares of Buckle (BKE), one of the best run companies in the world, were purchased at $29.83 a share, based on a projected steady Net Profit Margin from 13.7% in the August, 2009, "Value Line," to 13.7% presently, to 13.7% for 2010. The p/e ratio was 10.87. This brings the average buy price to $29.02 a share.
Gene
skip to main |
skip to sidebar
2005, In Front of IRS Building, Washington, D.C.
Diary of a Business Investor
Gene Chapman
2005, In Front of IRS Building, Washington, D.C.
About Me
- Gene Chapman, Author
- P. O. Box 295545, Lewisville, Texas 75029
- MahatmaGandhiGlobalLibrary.blogspot.com or LibertarianGlobalLibrary.blogspot.com gkchapman2012@hotmail.com "Creating World Peace One Word at a Time" And for those who wish, you are invited to participate in funding all aspects of and in the building of a physical library building within walking distance of both the White House and the U. S. Capitol Building in Washington, D. C., as a voice of nonviolence and a safe harbor for Gandhian intellectuals in this epicenter of political violence on earth.