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Matthew Lewis

 
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  • Apple: Winning The Profit Battle, Losing The Smartphone War [View article]
    i don't understand why having "only" 20% of the market share is a "problem".

    Would you rather have 80% market share and make no money or 20% market share and make lots of money?
    Jan 28, 2015. 09:51 AM | 25 Likes Like |Link to Comment
  • Apple: Winning The Profit Battle, Losing The Smartphone War [View article]
    Isn't*
    Jan 28, 2015. 09:46 AM | 3 Likes Like |Link to Comment
  • Apple: Winning The Profit Battle, Losing The Smartphone War [View article]
    Apple is fighting the smartphone war. That's the difference you're failing to see.
    Jan 28, 2015. 09:42 AM | 11 Likes Like |Link to Comment
  • Arch Coal Takes Another Beating [View article]
    Tough for M&A when all these guys are loaded up with debt. Maybe somebody makes a run at CLD at some point? At least they were prudent and didn't buy a Met producer at the top of the cycle.

    ACI and ANR are untouchable for M&A due to their debt levels. BTU could be bought, but only by a big player due to their debt load/enterprise value.
    Jan 28, 2015. 04:01 AM | 1 Like Like |Link to Comment
  • Diamond Offshore: Net Asset Value [View article]
    Are you serious? They've spent many billions of dollars since 2009 on their new build program. Additionally many of their older rigs have victory class hulls that can be modernized at a fraction of the price of a new build should they choose to do so.

    The company is in a fine position with 9 6G/5G rigs and several others that can be upgraded at low cost.
    Jan 12, 2015. 05:35 PM | 2 Likes Like |Link to Comment
  • Vantage Drilling: What Is The Significance Of This Recent Collapsing Share Price? [View article]
    This stock is getting obliterated today.....
    Jan 9, 2015. 04:02 PM | Likes Like |Link to Comment
  • Cloud Peak Energy: Falling Oil Prices Are A Boon To Production Costs And Railway Availability [View article]
    Lower oil saves CLD significant money on diesel (a large portion of their variable cost structure).

    Explain fundamentally how lower oil prices hurts them. Very few power plants (around 3%) run on oil, so it doesn't directly compete with thermal coal.
    Dec 12, 2014. 11:59 AM | Likes Like |Link to Comment
  • Cloud Peak Energy: Falling Oil Prices Are A Boon To Production Costs And Railway Availability [View article]
    I like how you know the future prices of Newcastle coal. You must have an awesome crystal ball.
    Dec 11, 2014. 01:58 PM | Likes Like |Link to Comment
  • Another day of pain for energy stocks [View news story]
    Oil can go lower. Oil can stay depressed for an extended period of time. If this happens both BP and Shell will almost certainly drift lower.

    How long until these company's stock prices come back? 1 year? 10 years? Commodity down cycles can be vicious and last an extended period of time. I wouldn't throw around terms like "no brainer" with stocks that are highly dependent on a single commodity.

    Best of luck.
    Dec 10, 2014. 03:08 PM | 5 Likes Like |Link to Comment
  • Another day of pain for energy stocks [View news story]
    Some said there was blood in the streets $20 higher on crude.

    It scares me that so many folks think this is no brainer buying opportunity.....
    Dec 10, 2014. 02:28 PM | 1 Like Like |Link to Comment
  • Cloud Peak Energy: Falling Oil Prices Are A Boon To Production Costs And Railway Availability [View article]
    Great article. Thanks for the research.

    Just to add color to the diesel hedging - CLD has a floor of $70 WTI through Q3 2015, so unfortunately no benefit below that until later in the year.

    Long CLD.
    Dec 9, 2014. 10:56 AM | Likes Like |Link to Comment
  • What else can go wrong for Seadrill? Plenty, it seems [View news story]
    Loews and DO were almost certainly buying DO shares today.
    Dec 8, 2014. 07:07 PM | 4 Likes Like |Link to Comment
  • Sturm, Ruger & Co.: Great Management, But Faces Some Competitive Risk [View article]
    Long.
    Dec 6, 2014. 02:59 PM | Likes Like |Link to Comment
  • Sturm, Ruger & Co.: Great Management, But Faces Some Competitive Risk [View article]
    Really a fantastic write up on RGR. Well researched and clearly articulated. One of the best I've read on SA.

    I'll probably initiate a small position at these levels.
    Dec 4, 2014. 09:02 PM | Likes Like |Link to Comment
  • Offshore Drillers Are Toxic And I Love It [View article]
    Agree for the most part, although I could see this being a more prolonged down cycle than normal.

    I'm long DO at $36 and SDRL 2017 leaps. Best of luck.
    Nov 27, 2014. 04:44 PM | Likes Like |Link to Comment
COMMENTS STATS
361 Comments
464 Likes