Back After Bill

Well Hurricane Bill ended up being nothing, just a little wind. Did have a new stock added this weekend to the Mechanical Portfolio, CEU. I like the stock, and ended up buying it today. Here are its stats:

		ceu
+	Operating Income After Depreciation	13.82
-	Minority Interest - Income Account	-
=	Income for Calculation	13.82
	Diluted Shares Outstanding	25.085
	Share Price	5.40
+	Market Cap Calc	135.46
+	Preferred Capital	2.89
+	Debt in Current Liabilities	-
+	Long-Term Debt	-
	Cash and Short-Term Investments	31.51
-	Excess Cash	31.51
=	Enterprise Value	106.84
+	Property Plant and Equipment - Net	6.11
+	Receivables	1.10
+	Inventories	-
+	Other Current Assests	2.16
+	Working Cash	-
-	Accounts Payable	1.05
-	Current Liabilities - Other	1.09
=	Invested Capital	7.22
	Earnings Yield	13%
	ROIC	191%

I will get more earnings excitement (which was clearly mixed to negative this quarter) with UEPS, which reports tomorrow night.

My mechanical portfolios continue to outperform everything:

Top 50 Portfolio
Totals	17.3%	-3.7%	21.0%
Closed	-28.8%	-32.6%	3.9%
Open	47.4%	15.3%	32.1%
Top 30 Portfolio
Totals	24.0%	0.4%	23.6%
Closed	-18.0%	-32.8%	14.8%
Open	44.4%	16.6%	27.8%