Market Cap 42.2B
Revenue (FYR) $40.8B
EPS (TTM) $1.43
Shares Out. 1.5B
Book Value $20.50
Payout Ratio 82x
Price/Sales (FYR) 1.1
P/Cash Flow (TTM) 13.8x
Profit Margin 5.87%
Debt To Capital 38.42%
Kraft Foods Inc is a profitable Food Processing company that
trades on the NYSE. Kraft Foods Inc. (Kraft) is engaged in
manufacturing and marketing packaged food products,
including snacks, beverages, cheese, convenient meals and
various packaged grocery products. The Company has operations in more than
70 countries and sell the products in approximately 150
countries. The Company manages and operates, through three
commercial units: Kraft Foods North America, Kraft Foods
Europe and Kraft Foods Developing Markets. In Feb 2010, Kraft
completed its acquisition of Cadbury.The brands of the
Company span five consumer sectors: snacks, beverages,
cheese, grocery and convenient meals.
By using this site,
The full terms of
use can be read here.
Nothing presented is financial advice, trading advice or
recommendations. Everything presented is the author's ideas
only. The author accepts no liability for its use including
errors and omissions. You alone are solely responsible for your
own investing and trading. There are considerable risks involved
in implementing any investment strategies and losses can be
large. Trade at your own risk.
KRAFT FOODS INC (KFT)
This is a non-retirement account. I am selling naked puts
against the stock.
This trade started in October 2008 and by June 2010 I had
made enough income to pay for 500 shares of Kraft. Rather
than accept assignment I am continuing to sell naked puts
until eventually assigned as Kraft remains in a tight
trading range making the selling of options viable. The goal
was to own shares of Kraft through other people's capital.
This goal has been realized. The objective now is to add to
that income until eventually assigned shares.
YEAR 1: 2008 - Trade Commenced Oct 2008 Goal for 2008:
2% (2 months)
Strategy: Sell Naked Puts Until Assigned
Capital In Use At End Of 2008
Income Earned in 2008 (2 months)
Return On Capital in 2008 (2 months)
Should you find my strategy and ongoing evaluation of
this trade of value I hope you will consider a tip
for the time I spend detailing out this trade.
I have set up a Paypal account for those
who would like to donate. Thank you in advance. Remember, nothing on my site is financial advice.
They are just my ideas and opinions. Investing is risky and losses can be large. Trade
at your own risk.
TRADE COMMENCED Oct 6
GOAL FOR 2008:
- SELLING NAKED PUTS UNTIL ASSIGNED
Oct 6 08
Sell 5 Naked Puts Nov 26.00 @ .45
Oct 6 2008
Someone might ask WHY KRAFT? Here we are in the midst of a
market meltdown and I am looking at Kraft? Why not run to
the hills! Well it's all in the range. Kraft has been stuck
in the range of $28 to around $31.00 for literally months.
Ranges are what I look for when selling naked puts. I want
to own shares of Kraft, but not until I have made enough
capital through selling naked puts. Stocks stuck in a range
are much easier to select strike prices from than those that
travel wider ranges.