Perhaps Motorola management should have considered that the sector was overvalued at the time due to investor hysteria over the Internet, instead of listening to short term oriented investors and analysts who kept telling them they had to get into this business.
Why Central Securities Corporation Looks Attractive [View article]
Question - you say that the fair value is $3265 a share. What is the tangible book value per share of PRAC? Liquid publicly traded insurers will usually trade at a multiple of tangible book value.
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
It is a myth that the cost to find and develop oil and gas resources is continually moving higher. All the cost inputs into this process are intensely cyclical - this includes the cost to lease acreage, the cost to lease a rig, and other oil service costs.
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
Other facts about the OXY discovery - the 150-250 million BOE estimate is only based on the area delineated by six test wells ("We believe that there are between a 150 million and 250 million gross BOE of reserves within the small producing area delineated by the six wells drilled to date.")
OXY has 1.1 million acres that are potential for this.
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
To isaac - just speaking about the OXY discovery - the finding and development costs will be less than $10 a barrel ("The combined finding, development, and lifting costs are expected to be significantly less than $10 of BOE.")
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
Occidental just found a new oil field that contains 150-250 million barrels of oil. They found this in California, a mature area where supposedly there is no oil left. online.wsj.com/article...
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
(Bloomberg) -- BP Plc, Europe’s second-largest oil company, reported a “giant” discovery at the Tiber Prospect in the U.S. Gulf of Mexico that may contain more than 3 billion barrels, sending its shares higher.
Statistical Review of World Energy: Investment Trends to Watch [View article]
White Mountains and Berkshire Hathaway-Backed Symetra Financial Goes Public [View article]
Are There Any Real Bargains Left? [View article]
Check out Weis Markets (WMK) - a story similar to ARDNA with high family ownership and no debt.
Motorola Keeps Destroying Value [View article]
Why Central Securities Corporation Looks Attractive [View article]
www2.bc.edu/~holderne/
click on research and then on article entitled:
Concentrated Ownership and Discounts on Closed-End Funds
Why Central Securities Corporation Looks Attractive [View article]
www2.bc.edu/~holderne/ConOwnershi...
Why Central Securities Corporation Looks Attractive [View article]
www2.bc.edu/~holderne/ConOwnershi...
Why Central Securities Corporation Looks Attractive [View article]
quantinvestor.wordpres.../
I wonder how many others besides CET are still around.
Why Central Securities Corporation Looks Attractive [View article]
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
OXY has 1.1 million acres that are potential for this.
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
online.wsj.com/article...
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]
Expect Oil Prices to Rise: Three Major Oil Exporters Warn About Production [View article]