Simple financial analysis & investment research


Cisco Financials Q3 2013

by May 28, 2013
Cisco Financials Q3 2013

Steady increase of sales and margins. Product sales up, margins up, operational cost under control. Record earnings and cash flows. Dividend up, share repurchases increased.


Chesapeake Energy Financials Q1 2013

· by May 28, 2013
Chesapeake Energy Financials Q1 2013

Quite complex activity, even more complicated financing structure, and lots of historical problems. CEO left on April 1, 2013. 211 employees terminated under the voluntary separation program to reduce costs; earnings temporarily hit.


Agilent Financials Q2 2013

· by May 27, 2013
Agilent Financials Q2 2013

Under difficult market conditions, sales stay relatively stable. Restructuring efforts are still to be seen, in the meantime earnings and operating cash flows are hit. Not much new investment, and cash is being returned to investors. Overall a company doing its best to compete and reward shareholders.


New reports soon: Cisco, Agilent, Chesapeake Energy

· by May 23, 2013
New reports soon: Cisco, Agilent, Chesapeake Energy

New analyses in pipeline to be released by Monday: Cisco, Agilent, Chesapeake Energy.
Stay tuned!


Adobe Financials Q1 2013

· by May 22, 2013
Adobe Financials Q1 2013

From cash cow to dog: milking the digital cash. The king of digital publishing is fully milking the glory of owning the top web and desktop publishing platforms. Some me-too innovation in licensing model (subscription instead of license acquisition) may actually turn against Adobe. Significant innovation lacking, sales are down, costs are up, and margins eroded fast. In real terms, inflation-adjusted, revenues are going down even faster.


Home Depot Financials Q1 2013

· by May 21, 2013
Home Depot Financials Q1 2013

So far everything up and bright for Home Depot. Earnings and financial results released today show nice sales, higher margins, record profits and operating cash flow. Sales guidance up a bit. Elevated inventory level suggests Home Depot’s management have some fresh business ideas.


Alcoa Financials Q1 2013

· by May 21, 2013
Alcoa Financials Q1 2013

Alcoa: slowly declining sales, declining profits, low dividend. Nothing special so far.
Ongoing crisis takes the toll on Alcoa. Nothing spectacular on sales, margins, profits, or cash flows. Some pressure is indicated by the receivables and inventories levels.


Ensco Plc Financials Q1 2013

· by May 20, 2013
Ensco Plc Financials Q1 2013

Ensco Plc: Rising star, record sales, big profits.
Ensco, world’s second largest offshore drilling rig fleet, succeeded to book record sales. Having the newest ultra-deepwater fleet and largest active premium jackup fleet of any offshore drilling company lead to a respectable net income margin. Balance sheet is strong as ever, with low leverage and decreasing liabilities. Dividend increased.


General Electric Financials Q1 2013

· by May 20, 2013
General Electric Financials Q1 2013

General Electric, the shrinking giant general?
Steady and slow decline in sales, margins, and assets.
Financials apparently have only one direction: down. Sales are slowly going down; margins as well. Net income is not great either. Asset base is shrinking, albeit long term debt stayed the same.
Operational cash flow is not spectacular either. Click for full details.


Apple financial results Q2 2013 cosmetic update

· by May 13, 2013
Apple financial results Q2 2013 cosmetic update

Apple financial results Q2 2013 cosmetic update We made cosmetic updates on the Apple financial results Q2 2013 post. Read…