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Dan Naumov

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  • Gazprom Net Income Drops 37%: Should You Be Worried? [View article]
    Source of what numbers?
    Jun 4 11:31 AM | 0 Likes Like |Link to Comment
  • Xinyuan Real Estate's Fair Value Is Probably Over $15 Per Share [View article]
    Why did the company feel compelled to take on additional $200m in debt, at an outrageous 13.25% interest rate, when their 5 year average Return on Investment is only 10.54% ie. less than the cost of this debt, not to mention that their financial statements say they have lots of cash they could deploy instead of taking on more leverage?

    http://reut.rs/ZPqkik
    Apr 30 07:39 AM | 1 Like Like |Link to Comment
  • Gazprom Net Income Drops 37%: Should You Be Worried? [View article]
    Wow, that was quite a positive surprise. According to russian accounting standards, Gazprom income for 2012 had dropped 37%. However, according to 2012 IFRS results posted today, the drop in net income was only 10%: http://bit.ly/12WzTM9
    Apr 30 05:16 AM | 0 Likes Like |Link to Comment
  • Amazon (AMZN -6.9%) is giving back most of its 2013 gains as the Street decides a revenue miss and light profit guidance outweigh a still-improving gross margin. Slowing growth and a lack of profits for the international ops is a concern for many, even if forex is a factor - international media sales rose only 1% Y/Y, though other merchandise sales rose 28%. On the earnings call, management admitted (echoing eBay) "there is some [international] softness from a macro standpoint," while adding Amazon is investing heavily in China, Italy, and Spain. Nomura is staying bullish, touting the fact total growth is holding steady. [View news story]
    So, still only about 200-300% overvalued based on earnings?
    Apr 26 01:31 PM | 0 Likes Like |Link to Comment
  • Do Investors Care That Intel Wasted Over $8B On Acquisitions? [View article]
    I looked at getting into Intel at around 20$ and bad acquisitions is the reason I didn't pull the tiger.
    Apr 17 09:27 PM | 0 Likes Like |Link to Comment
  • Gazprom Net Income Drops 37%: Should You Be Worried? [View article]
    Emerging markets in general are crazily volatile. In 2008-2009, Russian indices dropped like 75%.
    Apr 17 11:06 AM | 0 Likes Like |Link to Comment
  • Gazprom Net Income Drops 37%: Should You Be Worried? [View article]
    I do not appreciate your tone.

    Knock yourself out: http://bit.ly/14X6TpU
    Apr 10 09:36 AM | 0 Likes Like |Link to Comment
  • Gazprom Net Income Drops 37%: Should You Be Worried? [View article]
    There is no actual earnings report up yet. This is unfortunately a pretty common situation with various russian companies.
    Apr 10 04:43 AM | 0 Likes Like |Link to Comment
  • Understanding Where Russia Is Today [View article]
    I find it strange that you don't mention Lukoil, which is rather different from most other Russian energy companies.

    Goverment has no stake.
    Company majority is owned by minority shareholders.
    Company management personally holds very significant amounts of company stock.
    Insider buying.

    Etc.
    Apr 9 09:20 PM | 1 Like Like |Link to Comment
  • Sell The Yen, Buy Emerging Market Equities [View article]
    I haven't actually thought about this, good point.
    Apr 9 07:13 AM | 0 Likes Like |Link to Comment
  • Sell The Yen, Buy Emerging Market Equities [View article]
    You make a good point. Unless you are a big believer in cash, however, you have to put your money to work SOMEWHERE.
    Apr 9 07:12 AM | 0 Likes Like |Link to Comment
  • Gazprom Net Income Drops 37%: Should You Be Worried? [View article]
    This is not of concern. Think of this as a regular or a reverse stock split. You don't lose or gain money on the operation.
    Apr 4 04:28 PM | 0 Likes Like |Link to Comment
  • McDonald's, Medtronic And Philip Morris - 3 Stocks To Get Married To [View article]
    I'm up 3,42% from my purchase price. That's such a miniscule difference that I would say yes.
    Apr 3 02:49 PM | 1 Like Like |Link to Comment
  • Gazprom Net Income Drops 37%: Should You Be Worried? [View article]
    Gazprom's goal is to pay out 25% of net income as dividends (they do not even pretend to aim to rise dividends steadily year over year. As the 2012 result is projected to be lower than 2011, so will be the dividend.

    Russia dividend taxes are 15% for non-residents (6% for residents of Russia).
    Apr 2 07:09 PM | 0 Likes Like |Link to Comment
  • The Original Marijuana Stock Files For U.S. IPO [View article]
    The dillution that's happened so far doesn't look at all like it comes from financing, but rather from the board awarding themselves more shares, which is a huge red flag for me.
    Apr 1 09:15 PM | 1 Like Like |Link to Comment
COMMENTS STATS
163 Comments
149 Likes