Nima Baiati

Nima Baiati
Contributor since: 2012
p_eyler thanks for the comment...I wrote an article back in February about the Chorus spinoff. Linked to it in the article above.
Comments like this do not really provide any real feedback to the author nor do they add value to those of us who are reading the article. It is one thing to disagree with a viewpoint (it adds value if you can provide evidence), something completely different to just blurt something out.
Editorial Update: At the time of the writing of this article cash costs per ounce for Q4 2011 were $292/oz (as stated) - with a reduction in production this year cash costs jump to $395/oz.
I am not concerned with the political stability in Ghana. The government has more to lose if they chase of investment in the country. At this point they receive royalties from miners. Let's play devil's advocate and go to the extreme and say that Ghana just takes all of the mines....they gain the mines but close easy access to sell the product and drive off investment. The country is currently ranked as the second least failed state in Africa.
I am currently neutral on Chorus - to my knowledge they do not currently pay a dividend (which at this point I would rather they not) there is a great deal that goes into maintaining the infrastructure they walked away with (I would like to see them reinvest any cash that comes there way - stronger future) through the spin-off. I have to say that the NZ Govt. selected them to completely "rewire" the country with the goal of bringing fiber optic broadband to 70-80% of the nation. If it was me and I came into the shares through the spin-off I would hold. The price has moved up since the spin-off.
With the divestiture of Chorus - NZT has gained something that it was sorely lacking - agility. It also frees up a great deal of capital that the company was spending just to maintain all of that infrastructure.
I'm really looking to nuclear as a longer-term play. My thinking is that demand for nuclear will continue to rise as a push is made for greater efficiency and clean-energy. In that, I continue to look to China as the primary player but also see growth in India and the UAE.
Nicely done.
Have to disagree...these figures do not take into account those who have stopped looking for work, working multiple part and/or full-time jobs. The underlying fundamentals (i.e. what was broken and has stayed broken) have not changed.
Matthew - I should have clarified the date of the quoted yield.
Very informative article as usual Simit. I too am bullish on Uranium and the sector in general. I personally think the best thing URRE has going for it is the JV w/CCJ which makes it a great potential takeover target.
I hold a contrarian view on the price of natural gas in that I believe we will see a rise in prices this year.
I agree. I think they have painted themselves into a corner.
Good thing they warned us about this - would have never thought..
Any idea on how the yield is treated by the IRS (as these are Canadian companies)?
I have to agree with some of the comments on here - though facebook has a massive following today does anyone really believe people will be talking about it in 2-5 years time?
Simit- very insightful....do you anticipate increased demand coming primarily from overseas markets?
closedendtrader: HGT is not a pure NG trust - it holds rights to lands that hold both NG and Oil reserves. However, HGT is predominantly NG. For example, for Q3 2011 the properties had a daily average of approximately 60,000Mcf of NG and 636Bbl. So it is heavily weighted in the extraction of NG. My assumption is that indeed new technology along with an increased push (i.e. tax incentives, government spending and macro conditions) will provide at the least stability and could very likely provide growth.
Great insight.
Perhaps taking the approach that Amazon is taking with the Kindle would work to solidify Apple's hold on the tablet market - however I believe much of Apple's cache is built in that its products are priced at the high-end.
Very informative - I think the underlying fundamental here is more political than anything else. With demand-even if that demand is driven by the government Nat. Gas prices will spike.
Great insight Adam...I too agree that UnitedContinental has the most to gain from the turmoil at American.