Seeking Alpha
View as an RSS Feed

Humble Value Miner  

View Humble Value Miner's Comments BY TICKER:
Latest  |  Highest rated
  • European shares rise, euro cautious on Greek deal [View news story]
    Apart inventing and promoting the stupid and stubborn austerity policy, Germany is eating EU with its excess surplus: each year $250B+ surplus, and same output amount of industries in france italy spain are closing out. This thanks to the Euro-Mark that makes them able to exploit their traditional export competitors, just like they were using a devalued currency (most of Germany export is within Europe, and yes VW quality is no longer what it used to be... maybe because most of the profit goes to bankers and top industry barons and not to the genuine German workers - the German worker got the mini-jobs where you work part time at BMW paid 400 euro per month... I guess you won't do a terrific good job so... :) ).
    In addition to this, with the single currency there is no exchange risk so their banks (often with the purpose to sell German goods) offered subprime credit to those lazy Greeks and Spanish and so on. The German goods were sold, the credit became bad but the banks were rescued for free with the EU taxpayers money, and now we blame those pesky Greeks because they took the money they could not afford (and everybody knew they could not afford).....
    People is stupid but, maybe too later, they are realizing what it happened...
    Most people were enthusiast about Europe, now this enthusiasm has become scare: a dream that suddenly becomes a nightmare, were people still want to be in Europe and Euro only because they are scared about apocalyptic exit consequences (a catastrophe that is probably only propaganda: the UK is out from the Euro and they are doing fine). Thank you Merkel and Weidmann.
    Feb 23, 2015. 12:16 PM | 1 Like Like |Link to Comment
  • Europe shares dip ahead of Greece, EU meeting [View news story]
    I don't know about default, but to stay within the euro won't do any good.
    Feb 16, 2015. 12:05 PM | Likes Like |Link to Comment
  • Greece commits to reaching deal with EU [View news story]
    I think he's talking about The debt, not the Greeks!
    Feb 13, 2015. 11:19 AM | 2 Likes Like |Link to Comment
  • Everything Has Changed: Oil, Saudi Arabia, And The End Of OPEC [View article]
    So in 10 years we will do what we couldn't in last 50?
    Jan 14, 2015. 01:28 PM | Likes Like |Link to Comment
  • January Will Be Big With Upstream MLP Distribution Announcements [View article]
    All these guys are not in the oil field since yesterday. They will cut distribution an capex to what is reasonable to manage debt, they will develop only what is ok at these oil prices, and will wait for a rebound. It is happened in the past and it will happen again.
    Most are hedged and these hedges do provide sufficient cash for the existing projects *AND* they are a good incentive to those big banks or purchasers that are the hedge counterpart to manipulate the oil price again in the up direction.
    Jan 9, 2015. 11:30 AM | 2 Likes Like |Link to Comment
  • QR Energy unitholders selling 19.74M Breitburn Energy units [View news story]
    ok but it is unlikely they sell tomorrow. They just registered for selling, as a due act. If they sell tomorrow they must have married Harold Hamm ex-wife, so that the BBEP units still owned are peanuts... :)
    Jan 8, 2015. 07:16 PM | 3 Likes Like |Link to Comment
  • Lithuania set to join euro [View news story]
    Poor little Lithuania, you don't learn from Greece I see.
    Dec 31, 2014. 12:28 PM | Likes Like |Link to Comment
  • Mid-Con Energy Partners: Looking Toward A Rough 2015-2016 [View article]
    "If WTI prices average out to $70 per barrel through 2016, I suspect that management would cut distributions by 20%-25%"

    with MCEP at $7 right now, it seems market is pricing WTI @$30 in 2016....
    Dec 8, 2014. 04:38 PM | Likes Like |Link to Comment
  • EPA proposes tighter ground-level ozone pollution controls [View news story]
    a car engine must be small, relatively cheap and so it is inefficient; when you generate MegaWatts in a large plant the system is far more efficient, additionally you can easily use natural gas (less polluting) instead of oil, and in any case the emissions are concentrated so, even if you use coal, you can apply good filters (like the ones provided by FTEK) that on a car it would be impossible to apply.
    And you can always use hydro, wind and sun.
    Of course the fabrication of a car is not a neutral process, so trains, metro and other mass-transport are always better.
    Dec 7, 2014. 11:24 AM | Likes Like |Link to Comment
  • EPA proposes tighter ground-level ozone pollution controls [View news story]
    great for (FTEK) and others...
    Nov 26, 2014. 03:18 PM | Likes Like |Link to Comment
  • QR Energy: Don't Buy The Hype About A Distribution Cut [View article]
    market cap of this LRTR is $25M (irrelevant)

    QRE just announced a 612:625 stock split (or similar numbers, I almost invented the 612) in order to align the stuff for a 1:1 to BBEP.
    Oct 24, 2014. 04:34 PM | Likes Like |Link to Comment
  • QR Energy: Don't Buy The Hype About A Distribution Cut [View article]
    actually he is useful, when he says things like this, you know it is time to buy :)
    Oct 18, 2014. 02:15 PM | Likes Like |Link to Comment
  • SandRidge Permian Trust: Distribution Is Safe; Could Return +55% Within 1 Year [View article]
    PER is separated from SD and SD creditors have no rights on PER (except the PER units that SD still owns, and that will be sold). The Court will find another administrator for the trust, and (seeing SDT and SDR - for now PER results are quite good) probably somebody different that SD can only improve the results from the trust wells.
    Oct 18, 2014. 11:50 AM | Likes Like |Link to Comment
  • Tesla Motors calls out Michigan politicians [View news story]
    everyone should be allowed to sell directly. Are you in America or in a socialist Country?
    Oct 17, 2014. 04:01 PM | 5 Likes Like |Link to Comment
  • Still Cautious, But Doing A Little Buying In My Income Portfolio [View article]
    you are lucky. In Europe they realized we can pay it $9 per gallon or more (1.8 Euro/liter is a common price, we have seen also more; 1 gallon = approx 4 liters)
    Oct 16, 2014. 05:19 PM | 1 Like Like |Link to Comment