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Bruce Becker  

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  • World View For The Intermediate Term - Cramer's Mad Money (8/19/15) [View article]
    Also consider Eastman Chemical for strong management and growth in that sector.
    Aug 20, 2015. 10:51 AM | 2 Likes Like |Link to Comment
  • Macquarie Infrastructure's BEC Purchase May Be A Step In The Wrong Direction [View article]
    So let's see, they have sold 62.5% of capacity but are only running at 29%? Even if the contracts are not at the best price, this sounds great to me. Or maybe some numbers are incorrect.

    But BEC instantly added $62 million to Macquarie EBITDA.
    Jul 27, 2015. 02:49 PM | Likes Like |Link to Comment
  • Rich Kinder Should Be Rooting For Lower Prices [View article]
    Kinder already owns an enormous amount of KMI stock and not many people want to see the value of their investment drop. Pretty simple.

    As usual, Buffet said it best when asked why he never split Berkshire stock: the stock price is the best indicator of his success.
    Jul 17, 2015. 09:35 AM | 25 Likes Like |Link to Comment
  • Energy Recovery: Fresh Water Is Being Taken For Granted [View article]
    Energy Recovery plans to lease the fracking equipment to the frackers, not sell it. This will make it a no-brainer at any oil price if it works as planned due to drastically reduced maintenance/downtime of the big fracking pumps.
    Jul 15, 2015. 08:36 AM | Likes Like |Link to Comment
  • Short Iridium Communications: Priced To Perfection And Beyond [View article]
    Agreed - the future looks bright for Iridium. Staying long and strong.
    Jul 1, 2015. 05:19 PM | 2 Likes Like |Link to Comment
  • Why Owning Blackstone Group LP Is A Risky Proposition [View article]
    This is one of the most undervalued stocks in today's market for long-term investors.

    Blackstone in turn takes a very long-term view on their investments. Their real operating model is an opportunistic one and at this point, as Stephen Schwarzman pointed out last year, due to their large size, they are able to take advantage of situations that virtually no one else can. Sure there may be some ups and downs, but this long-term view will continue to take them through various and unpredictable cycles, as has been shown by almost 30 years of great returns.

    Who wouldn't want this kind of operating leverage to bring revenue straight to the bottom line, under strong management? I do not see how that is a risk? What is the alternative - bad operating leverage?

    Schwarzman has also explained his philosophy for hiring top management and how the company would be just fine without him, although he loves his job and has no plans to leave at any point. Do you want a bad CEO instead? Please at least spell his name correctly (first name or last name!) and do some research next time.
    Jun 23, 2015. 11:59 AM | 29 Likes Like |Link to Comment
  • Energy Recovery: Fresh Water Is Being Taken For Granted [View article]
    Frac4Crude - Energy Recovery has said they will not provide periodic updates on the field trials. We won't know anything until October at the earliest.
    May 29, 2015. 11:55 AM | 1 Like Like |Link to Comment
  • Energy Recovery: Fresh Water Is Being Taken For Granted [View article]
    I believe they got several dozen more patents in 2013 and 2014 as the oil & gas products were developed. You had better contact the company directly if this is important to your investment thesis.

    Cheers, ESHS crowd!
    May 20, 2015. 09:25 AM | 1 Like Like |Link to Comment
  • Chicago Bridge & Iron: The Narrative Turns Positive [View article]
    So let's see, Buffett owns about 10%, Einhorn, Vanguard and SouthernSun each own 6%, and CBI wants to buy back 10% in the near future. That's 38% of the stock. CBI is a growing, profitable and cash-flowing company so I will assume those holders are not selling very soon.

    Another 16% has been sold short.

    This leaves a significant shortage of CBI shares in the near future.
    May 18, 2015. 02:56 PM | 11 Likes Like |Link to Comment
  • Energy Recovery: Fresh Water Is Being Taken For Granted [View article]
    Some G&A expenses will spill into the current quarter but they will be much less in Q2, and reduced further in future quarters, as the austerity measures have kicked in. They should be back to break-even now and yes, just one or two big announcements could double the stock price.

    Very happy with Joel Gay as CEO so far and he wasted no time hiring a CFO.

    After several years of bad timing on all fronts, I also think it is time that the planets align for this company.

    Some days I think we are the only three stockholders of ERII. I will also try to spread the word (once I am finished accumulating shares).
    May 18, 2015. 01:15 PM | 4 Likes Like |Link to Comment
  • CB&I slips as project partner starts accounting probe [View news story]
    Unlikely that Friday's volume was caused by a large holder getting out of CBI. Any large position is typically not liquidated in one day. It is a slower process so as not to negatively effect the stock price. And this week's data will only show what the funds did in Q1, not last week.

    CBI, the company, keeps trucking profitably along while CBI, the stock, is all over the place. This will eventually reconcile. PE is less than nine. Look far past this nonsense and just think what this stock will be worth in three to five years.
    May 11, 2015. 10:36 AM | Likes Like |Link to Comment
  • CB&I slips as project partner starts accounting probe [View news story]
    Seems to me that Toshiba is investigating themselves, not CBI. Did I miss something?
    May 8, 2015. 02:28 PM | 4 Likes Like |Link to Comment
  • CB&I slips as project partner starts accounting probe [View news story]
    Thank you jpraschnik for more clearly stating what I was trying to say.
    May 8, 2015. 02:22 PM | Likes Like |Link to Comment
  • CB&I slips as project partner starts accounting probe [View news story]
    This particular news is indeed unrelated. Just because Toshiba can't properly count costs and completion percentages has no bearing on CBI.

    Please note that most of the $4 billion in cost overruns is to be paid for by the customer (the utility companies). The whole amount is not being disputed, "only" $500 million.
    May 8, 2015. 02:18 PM | 2 Likes Like |Link to Comment
  • CB&I slips as project partner starts accounting probe [View news story]
    This is an internal investigation at Toshiba, into Toshiba's accounting practices, with nothing whatsoever to do with CBI.

    Another potential drag on CBI's stock price, just like all of the other non-issues that have surrounded CBI in the last year. Another way to put it: buying opportunity!

    The fundamentals of this well run, profitable and cash-generating company will prevail upon the stock price, as has been happening recently.
    May 8, 2015. 01:42 PM | 12 Likes Like |Link to Comment
COMMENTS STATS
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