A Quantum Leap in Investment Technology $50.00 12/3 /30/1 0/13 3 - - PowerPoint PPT Presentation

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A Quantum Leap in Investment Technology $50.00 12/3 /30/1 0/13 3 - - PowerPoint PPT Presentation

Jan 24, 2023 129 likes •248 views

A Quantum Leap in Investment Technology $50.00 12/3 /30/1 0/13 3 High Price ice: $47.82 82 12/2 /24/1 /18 8 Low w Price: ice: $9.26 $45.00 -80. 0.6% % loss 12/3 /30/1 0/13 3 Mark rket et Cap: p: $16. 6.2 2 B $40.00 12/2

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A Quantum Leap in Investment Technology

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$5.00 $10.00 $15.00 $20.00 $25.00 $30.00 $35.00 $40.00 $45.00 $50.00 Nov 2013 Nov 2014 Nov 2015 Nov 2016 Nov 2017 Nov 2018

12/3 /30/1 0/13 3 High Price ice: $47.82 82 12/2 /24/1 /18 8 Low w Price: ice: $9.26

  • 80.

0.6% % loss 12/3 /30/1 0/13 3 Mark rket et Cap: p: $16. 6.2 2 B 12/2 /24/1 /18 8 Mark rket et Cap: p: $3. 3.2 2 B

  • $13

13 billi lion loss

This is loss was compl plet etely ely avo void idabl able! e!

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Date te Price Bro rokerag age Action Rating Price Targ rget Loss to to 6/25/ 5/19

2/6/2018 $16.85 Citigroup Boost Price Target Buy ➝ Buy $19.00 ➝ $20.00

  • 38%

2/5/2018 $16.23 Barclays Boost Price Target Equal Weight ➝ Equal Weight $15.00 ➝ $16.00

  • 36%

1/29/2018 $16.12 Stifel Nicolaus Reiterated Rating Hold $16.00

  • 35%

12/21/2017 $15.71

  • B. Riley

Initiated Coverage Neutral ➝ Neutral $15.00

  • 34%

12/18/2017 $14.84 Jefferies Financial Group Dropped Coverage Hold $14.00

  • 30%

12/13/2017 $15.59 Stifel Nicolaus Reiterated Rating Hold ➝ Hold $34.00 ➝ $14.00

  • 33%

12/12/2017 $14.62 Jefferies Financial Group Set Price Target Hold $14.00

  • 29%

12/12/2017 $14.62 Monness Crespi & Hardt Downgrade Buy ➝ Neutral

  • 29%

12/2/2017 $17.26 Jefferies Financial Group Set Price Target Hold $17.00

  • 40%

11/3/2017 $13.12 DA Davidson Upgrade Underperform ➝ Neutral $12.00

  • 21%

10/30/2017 $15.58 BMO Capital Markets Boost Price Target Outperform $23.00 ➝ $25.00

  • 33%

10/30/2017 $15.58 Stifel Nicolaus Lower Price Target Hold $17.00 ➝ $14.00

  • 33%

10/29/2017 $14.00 KeyCorp Reiterated Rating Hold

  • 26%

10/29/2017 $14.00 Jefferies Financial Group Set Price Target Hold $13.00

  • 26%

10/27/2017 $14.00 UBS Group Set Price Target Buy $22.00

  • 26%

10/12/2017 $15.62 Stifel Nicolaus Lower Price Target Hold $19.00 ➝ $17.00

  • 33%

10/11/2017 $15.66 Monness Crespi & Hardt Boost Price Target Buy ➝ Buy $22.00 ➝ $27.00

  • 33%

10/10/2017 $15.51 SunTrust Banks Reiterated Rating Hold $22.00 ➝ $17.00

  • 33%

9/22/2017 $14.52 DA Davidson Lower Price Target Underperform ➝ Underperform $14.00 ➝ $13.00

  • 28%

9/16/2017 $15.86 UBS Group Reiterated Rating Buy $23.00

  • 34%

9/12/2017 $15.70 DA Davidson Reiterated Rating Underperform $18.00 ➝ $14.00

  • 34%

9/7/2017 $15.56 Jefferies Financial Group Reiterated Rating Hold $17.00

  • 33%

9/5/2017 $16.21 Stifel Nicolaus Reiterated Rating Hold $19.00

  • 36%

8/31/2017 $16.22 KeyCorp Reiterated Rating Sector Weight

  • 36%

8/3/2017 $18.98 DA Davidson Downgrade Neutral ➝ Underperform $22.00 ➝ $18.00

  • 45%

8/3/2017 $18.98 Stifel Nicolaus Reiterated Rating Hold

  • 45%

7/28/2017 $19.64 BMO Capital Markets Reiterated Rating Outperform $30.00 ➝ $25.00

  • 47%

7/28/2017 $19.64 UBS Group Set Price Target Buy $26.00

  • 47%

7/28/2017 $19.64 Jefferies Financial Group Reiterated Rating Hold $19.00 ➝ $17.00

  • 47%

7/3/2017 $20.99 MKM Partners Lower Price Target Buy $24.00 ➝ $22.00

  • 50%

Is there any Wall Street firm which will give you a complete paper trail

  • f all their buy, sell and hold recommendations? Why not?
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Since ce Dece cembe mber 2016 16, , when hen Ma Mattel tra raded ded at $27. 7.55 55, Morningstar has consistently rated Mattel as “undervalued”. Mattel close sed d on June ne 25, , 2019 019 at $10. 10.73 73.

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Holders ders as of 3/31 31/1 /19 Valu lue on 12/3 /30/1 0/13 Valu lue on 3/31 31/19 /19 Potent ntia ial l Loss ($K) K) Primecap Mgmt. $2,431,187 $660,925 $1,770,262 Dodge & Cox $1,770,212 $481,237 $1,288,975 Vanguard Group $1,765,099 $479,847 $1,285,252 Capital Research Global $1,536,254 $417,635 $1,118,619 BlackRock $1,341,998 $364,826 $977,172 Franklin Resources $1,016,903 $276,448 $740,455 Parnassus Investments $1,000,887 $272,094 $728,793 Price T Rowe $753,812 $204,926 $548,886 State Street $730,550 $198,602 $531,948 Ariel Investments $544,512 $148,027 $396,485 Fidelity Mgt & Research $374,563 $101,826 $272,737 Goldman Sachs Group $193,185 $52,518 $140,667 Deutsche Bank AG $187,072 $50,856 $136,216 Northern Trust Corp $183,702 $49,940 $133,762 Invesco Ltd. $168,981 $45,938 $123,043 Charles Schwab $141,345 $38,425 $102,920 Bank of New York Mellon $117,619 $31,975 $85,644 Teachers Advisors $106,554 $28,967 $77,587 TIAA CREF $102,769 $27,938 $74,831 Renaissance Technologies $86,712 $23,573 $63,139 Total tal $10, 0,597, 97,395 95

Thes ese e inve vest stors rs had d poten enti tial l losses ses of nearly y $10 10.6 .6 billion.

ERS’s technology indicated Mattel as a “very high-risk” for many years.

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12/30 /30/13 /13 $47.8 7.82 Price ice Risk k 97 Financi ncial Risk k 59 10/1/15 /1/15 $19.83 9.83 Price ice Risk k 82 Financi ncial Risk k 69 4/1/16 /16 $34.2 4.26 Price ice Risk k 97 Financi ncial Risk k 64 12/24/18 /24/18 $9.26 Price ice Risk k 82 Financi ncial Risk k 92

$5.00 $10.00 $15.00 $20.00 $25.00 $30.00 $35.00 $40.00 $45.00 $50.00 Nov 2013 Nov 2014 Nov 2015 Nov 2016 Nov 2017 Nov 2018

Mattel l Corp rp is nearl rly y 75 ye years old, a name recogn

  • gnized

ized by 90% % of America ricans. ns.

Mattel’s brand and history gave investors unwarranted confidence. However, their financial statements indicated a failing company with extraordinarily high risks. When it fell from $47 to $20, the decline was not an opportunity to buy at a “bargain price”. It remained a failing company with very high risks. ERS’s technology reliably identifies and measures the financ ncia ial l and price risks of publi lic companies. nies.

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On On A August ust 11, 20 2016, Mattel’s price was $34.12.

– ERS’s Price Risk Rating: 97 – ERS’s Financial Risk Rating: 67

– Mattel was very over-priced, and the company’s finances were risky On Februa ebruary y 7, 2019 019, Mattel issued an earnings press release after 4pm. The stock closed at $12.36. That evening, ERS recalculated its Price ice Risk and Financial nancial Risk sk:

– ERS’s Price Risk Rating: 100 – ERS’s Financial Risk Rating: 72

By Feb eb 13, 3, 2019 19, Mattel rose to $17.07, a 38.1% price increase. Buyers failed to accurately evaluate the company’s growing risks!

On On J June e 27 27th

th Matt

ttel el fell l to to $1 $10. 0.92, 92, a -36 36% decli cline e from Fe Febru ruar ary and a -68 68% decli cline ne from August st 20 2016. 6.

ERS’s technology identifies and measures financial and price risks. ERS accur urately y asse sess sses es risk sks, s, so inves vestors s can n avo void id and d redu duce ce losse sses. s.

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  • On

On J June e 24 24, , 20 2019, 9, Isaac c Larian rian (CEO) O) of MGA said id the follo llowi wing ng:

– “With close to $4 billion in debt at an average interest rate of 6.58% as of March 2019, a staggering 42% in operating expenses; and – “A major legal liability for having sold a faulty Fisher Price Rock ‘n Play Sleeper for years even as multiple baby fatalities occurred... – “It is my opinion that Mattel cannot be salvaged at this point and most certainly not under the current, hostile board and management.” Mattel closed at $10.73, down -68.6% from their 3-year high.

Since ce Dec 30 30, 20 2013, 3, Matt ttel el inve vest stor

  • rs

s have ve lost st $1 $12. 2.4 4 billion. llion.

Not ALL Ri Risky y Sto tock cks Fall l Greatl atly But All Sto tock cks That at Fall l Greatl atly Were Very Ri Risky By A Avo voidi iding Very Ri Risky Sto tock cks, s, Your r Portfolio folio Will ll Grow w Surer er and Faster ter

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With ERS’s Technology investors will:

1.

  • 1. Avo

void id Losses ses, 2.

  • 2. Reduce

uce Losses ses, 3.

  • 3. Improv
  • ve

e Net Profits its, 4.

  • 4. Make

e Cl Clients nts Happ ppier ier, , and 5.

  • 5. Incr

crease ease Co Corporat rate e Net t Inco come