Update on NM and STD

Here are the two updates on the two long-term value plays from the post, "Investing Rules #1."

Navios Maritime Holdings (NM)

Navios Maritime Holdings (NM) just reported financial results for the second quarter and six months ended June 30th, 2010.

Here are some highlights: 

- 110.1% increase in Q2 net income to $46.5 million

- 70.4% increase in Q2 EBITDA to $91.0 million

- 109.1% increase in Basic EPS of $0.46 for Q2 2010

These are outstanding numbers!

If you invested in NM when I first mentioned it, you would have gained $4.94-$5.79= $0.85 per share

Or

a 17.2% or more increase if you followed my 4 purchases per holding rule.

I still love the long-term prospects of Navios Maritime Holdings.  BUY after its initial pull-back.

I think NM could go up substantially tomorrow (August 20th) since NM's data was sidelined by Intel's purchase of McAfee.  Also, since NM is a small value company, short term news doesn't always affect its share price intraday.

Banco Santander (STD)

This investment hasn't performed as well as NM, but I still like it in the long-term.  Its current price is $11.95, so you would have lost $0.58 per share.

Hold on to STD if you bought it when I mentioned it.  It is still a long-term value and international play.

Buy more if you have the funds available.

*******Both pay great dividends as well.