Episode 4 - NEWELL BRAND

*Please check these links for more on NEWELL:
YouTube Episode: http://bit.ly/2TVm5DX
NWL Financial Model: http://bit.ly/2HGVtAa
NWL Episode Notes: http://bit.ly/2TdFMCB
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0:04 INTRO
1:57 NEWELL PRODUCTS
2:11 Recapitalization Play - EQUITY AND DEBT
2:52 Investor Confidence
3:27 Earning & Sales
3:35 Poor Communication From company
3:49 Top Management OUT
4:28 Divestiture program
5:07 30% Returns
5:16 Near Term Headwinds
5:23 Toys R Us
6:03 Valuation Methodology
6:40 Value Range of Stock
7:31 YEAR END 2017 - Trading at $24.6 Billion dollars
8:31 DEBT FALLING
8:41 Decreased Share count - 41%
9:36 Market Capitalization
10:10 Margin of Safety
10:17 CEO Michael POLK on 3rd Quarter
11:21 RISKS?
12:00 Michael Polk Stepping Down
12:24 China Tariffs
14:14 Macro Risk - 10 Year Bull Run
15:34 Background Story - 2016
16:35 Revenue Targets Missed - 2016
17:00 2017 Transformation PLAN
17:25 EARLY 2018 - Carl Icahn Involved
17:35 Carl Icahn - 7% Interest in Company
18:20 Carl Icahn - 10%
19:00 Carl Icahn - 5 out of 12 Board Seats
19:18 What is Management Doing?
20:17 Research Process - Where did it come from?
20:48 Wall Street Journal Article - Newell
21:41 Yahoo Finance
23:26 DIG & ASK QUESTIONS
23:35 Investor Relations Page
24:44 SEC Documents
25:03 SEC EDGAR
25:27 Carl Icahn
26:16 Filings
26:54 Projections Model
27:26 Operating Margins
28:18 Guidance
29:26 Valuation & Trading Price
29:45 Please SUBSCRIBE, LIKE, and REVIEW


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