ESNT and VEEV

Is anyone on this board following one or both of these stocks?

http://discussion.fool.com/fastest-growing-companies-32575631.as…

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Hi az5speedy.

I have VEEV on my Watch List, but I don’t have anything intelligent to say about it today.

Thanks and best wishes,
TMFDatabaseBob (no position in companies mentioned)
See my holdings here: http://my.fool.com/profile/TMFDatabasebob/info.aspx
Peace on Earth

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Speedy,

A few weeks ago I started a few threads raving about VEEV. Not sure how the search function works, but if you know how to use it you should be able to find the threads. Also check on the New Paradigm board.

Tinker

This thread on the New Paradigm board is mostly about ZEN, but Tinker throws in a lot of VEEV thoughts further down: http://discussion.fool.com/zen-32638321.aspx?sort=whole#32638321…

Recent Motley Fool article on VEEV: https://www.fool.com/investing/2017/03/08/3-things-veeva-sys…

And Tinker gave some additional thoughts on that article here: http://discussion.fool.com/veeva-again-32630004.aspx

It sounds interesting. Its on my watchlist as well, but I haven’t even begun to really dig into it.

Not familiar with ESNT.

Matt
MasterCard (MA), Nestle (NSRGY), PayPal (PYPL), and Verizon (VZ) Ticker Guide
See all my holdings at http://my.fool.com/profile/CMFCochrane/info.aspx

3 Likes

Yeh - I have ESNT on my watch list. It belongs in that annoying folder of shares that I didn’t buy that perform better than the ones I did buy.
Ant

6 Likes
I bought a small starter position with ESNT in Aug 2016 after reading a post from Bear about it. I looked it over and decided I liked it, but then inexplicably, I sold out one week later. Don't remember why :-|....so I guess it is now in that same annoying folder you refer to. But one thing 
I have learned is to not open that folder and punish myself. What's done is done.

I am sure you know that too Ant :)

Frank

Oops, don’t know what happened with that truncated post I just sent. No big deal. I bought
and sold ESNT in Aug 2016 all in one week and then…whatever :slight_smile:
Frank

az5speedy,

I’ve been away on business for the last couple weeks so missed your post regarding ESNT. I have posted quarterly summaries for ESNT for the last year or so on this board, the most recent one from earlier this month is here:

http://discussion.fool.com/sauls-investing-discussions-120980.as…

For some reason, the company hasn’t generated much discussion on this board, but they have been a very solid investment for me over the last year, and I will continue to hold and follow them until something changes. For a while, the shares were getting punished for no apparent reason, and I loaded up at around $17/share.

DT

3 Likes

For some reason, the company hasn’t generated much discussion on this board, but they have been a very solid investment for me over the last year, and I will continue to hold and follow them until something changes.

DT,

Congrats on your success with ESNT. For me, there are some flags that have caused me to take a pass, and I don’t really know enough about evaluating insurance companies to know the risks. I would think their performance would be tied to the housing market, so if it slows down, so would they, but I really don’t even know about that.

The “flag” that scares me the most is their seemingly too-good-to-be-true margins. Operating margin was 68% in 2016. That is strange to me. Can no one compete with them? How are they able to charge so much compared to their costs?

I’d be curious to know in general what you think their competitive advantage is. Seems to be working for them!

Thanks,
Bear