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Lintoid

 
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  • Apple Earnings And Guidance - Why I Think It Will Beat Analysts' Estimates [View article]
    AAPL short squeeze coming up !
    Oct 17, 2013. 08:54 PM | 3 Likes Like |Link to Comment
  • Plunging The Depths Of Cal Dive's Earnings [View article]
    That's a good point -- whether Cal Dive is applying "accrual accounting" or "cash accounting" for that large 30% chunk (~$90M) of Q4 Pemex work that was not collected on.

    Since the CFO indicated that these are milestone-based collections that applied, I think that indicates that no prior (Q4) "accrual accounting" could have been done, because the corresponding requisite milestone had not been met. He said that the "$100M in unbilled" was an "issue of timing" -- I don't see why he would be talking about deferred collections if they had no impact on the reported revenue numbers. Finally, it seems the reported Q4 revenue number would be far larger if it had included that large chunk of uncollected revenue.

    If anyone has a better understanding of this, please chime in.
    Apr 4, 2014. 10:08 PM | 2 Likes Like |Link to Comment
  • Amazon: Serious Security Flaw In The Kindle Fire [View article]
    "... potentially bankrupting the owner." -- isn't that a bit hysterical ?

    If a stranger gets a hold of my Kindle, I'm more worried that he has stolen my *Kindle* than that he will order a bunch of stuff on it. Any physical orders would have to go to my address to be 1-click; and any digital orders would easily be reversed by Amazon.
    Nov 20, 2011. 03:50 PM | 2 Likes Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    Why is there so much volume??

    Who is accumulating (or churning?) millions of shares of CDVI every day, and why?
    Nov 11, 2014. 08:43 PM | 1 Like Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    It's supposed to be a light hurricane season in the Atlantic this year -- which (in the short term anyway) is a plus for Cal Dive in terms of asset utilization and working through its existing backlog.

    Very much looking forward to Q2 earnings following bullish comments from the CEO at their recent asset sale.
    Jun 9, 2014. 01:03 PM | 1 Like Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    The latest on the Cape Wind wind farm project off Nantucket is that it very much IS underway -- with major legal blocks recently dismissed.

    However Cal Dive's former status as "preferred contractor" was lost in the delays (details on how the relationship was dissolved are unclear). If Cal Dive were re-instated to the project, it would be for the platform construction in 2015; and the revenue would be substantial.

    There was no mention of Cape Wind in the recent DVR conf calls. Cape Wind is one of several *possible* big pieces of good news that could materialize near term for Cal Dive.
    Jun 6, 2014. 09:51 AM | 1 Like Like |Link to Comment
  • Plunging The Depths Of Cal Dive's Earnings [View article]
    If you do a search on "Levi & Korsinsky", you'll see dozens of these "shareholder alerts", fishing for class action lawsuits around unspecified "breaches of fiduciary duty". Notably, many of the subjects are targets of a rumored buyout -- so this is intriguing more than it is troubling. We should get clarity in the next earnings call.

    I left a message with the law firm this morning and have not heard back.
    Apr 9, 2014. 07:58 PM | 1 Like Like |Link to Comment
  • 5 High-Growth Technology Stocks Armed With High Cash Reserves [View article]
    Should mention that Kopin (KOPN) controls many patents relating to wearable screens, which is poised to be a major consumer trend. They are also shipping an industrial wearable screen this year with Motorola, dubbed the Golden-I.
    Jul 22, 2012. 02:36 AM | 1 Like Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    Yes, I called them and they confirmed that they are on schedule to release earnings next week. They would say nothing else. I cannot believe that they have not made a press release regarding the delisting.

    I still don't understand what prompted the sudden delisting ahead of the March deadline to come into compliance.
    Oct 30, 2014. 12:50 PM | Likes Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    Where is the announcement/explanation of all this?
    I thought Cal Dive had several more months to come into compliance.
    What triggered this delisting just before earnings (where ostensibly they'll be EBITDA-positive) ?

    CDVI is being actively traded; and chart history shows history of DVR. So what does it mean that it has switched symbols? Do our shares get exchanged over ?
    Oct 30, 2014. 09:54 AM | Likes Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    No I think what they said was positive EBITDA. And that was the outgoing CFO.

    But yes, I think Q3 may surprise, because they're still finishing up the PEMEX contract; and at this point they MUST be aggressively cutting costs.
    Oct 17, 2014. 03:42 PM | Likes Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    I guess I'm still holding on to some hope, because ostensibly Cal Dive has several ways of getting liquidity: selling ships, settling Macondo claim with BP for cash, ...

    For goodness sake, they have $500M in revenue. Is there no one capable of managing that into the black ??
    Oct 17, 2014. 12:03 PM | Likes Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    I saw an article today titled "How Savvy Investors Find Double-Digit Winners".

    I'm going to write one called "How Savvy Investors Find Triple-Digit Losers" ...
    Oct 16, 2014. 11:30 PM | Likes Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    Book value includes the debt, and is gauged at $2.10/share. If not for the debt, it would be over $4.50/share. That's of course assuming appraisals are accurate, and there's a market for the used ships+equipment. But heck, all rational assessments have failed me so far.
    Oct 14, 2014. 03:42 PM | Likes Like |Link to Comment
  • Cal Dive International, Inc.: A Lesson In Value Investing [View article]
    Yes, buyout; please!

    I hope they're not BS-ing about the financing *OR* the appraisals (i.e. book value).

    The rational thing would be for one of the companies they're suing over the Macondo spill (BP, Halliburton, ...) to buy them out at book value, to dismiss the suit.

    Supposedly 99%+ of the shares are institutionally owned. That means the people on this thread likely own most of the balance. The sell-off is by a few panicked individuals. Institutions and insiders are staying put, as you say. High drama!
    Oct 13, 2014. 10:20 PM | Likes Like |Link to Comment
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