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  • Google's Alpha 'Bet' On Transparency Is No Qwikster 2.0 [View article]
    Glen nothing you said addresses the claims of profitability. There is in fact no evidence to support Richards claims
    Aug 14, 2015. 09:07 AM | Likes Like |Link to Comment
  • Capitalize On Canada's Wireless Oligopoly Now With BCE'S 5.2% Dividend Yield [View article]
    Hi, thanks for the article. I would only suggest that if looking at a relative valuation metric like a pe ratio and telling readers it is low, provide comparable ratios or reasons for calling it low.
    Aug 3, 2015. 10:04 AM | 1 Like Like |Link to Comment
  • Macquarie Infrastructure's BEC Purchase May Be A Step In The Wrong Direction [View article]
    I think you are misunderstanding the way they have sold power.

    62.5% of capacity is sold to Direct Energy. That only leaves the remaining 37.5% for direct sales. I don't believe they can generate excess power beyond the 37.5% of capacity and freely sell it to whomever they wish.

    As for the cash payments, I think it is unfortunately more common in infrastructure to take handsome payouts while the projects are mired in debt with the view that long lasting assets will generate stable cash for many years to come. I have noticed the trend in project finance and highway infrastructure.

    Thanks for reading
    Jul 28, 2015. 11:36 PM | Likes Like |Link to Comment
  • Macquarie Infrastructure's BEC Purchase May Be A Step In The Wrong Direction [View article]
    Hi,

    You raise interesting points.

    I would respond by pointing out that the nation-wide average for natural gas plant capacity factor from 2009 data was 42.5%. For whatever reason, the EIA doesn't provide the capacity factor information and hasn't since 2009, so I didn't include it, but it was rising steadily by ~1.5% per year up to 2009, so that would make it greater than 50% by now if trends held.

    I also want to add that I calculated capacity factor for 12 months to account for power during peak periods. BEC is temp sensitive and thus can produce slightly more power during winter. Even still, capacity factor remains relatively low, lower than even the 2009 national average.

    While the flat cash payments from Direct Energy are nice, they will hold back growth if rates rise as MIC management predicts, but MIC management wasn't clear on that point during their presentation.

    Thanks for reading.
    Jul 28, 2015. 11:34 PM | Likes Like |Link to Comment
  • After Hours Gainers / Losers [View news story]
    nice results for calix after seeing them tumble in the past year
    Jul 28, 2015. 10:52 PM | Likes Like |Link to Comment
  • Oil sands pipeline projects placed in doubt following recent Nexen spill [View news story]
    actually Bobby this spill is from a new pipeline with new safety measures, all of which failed
    Jul 28, 2015. 03:26 PM | 3 Likes Like |Link to Comment
  • Macquarie Infrastructure's BEC Purchase May Be A Step In The Wrong Direction [View article]
    I think that's a very optimistic view.

    My questions are:

    1. Why aren't they operating closer to capacity? Are there problems that nobody has yet disclosed? Are there business considerations nobody has disclsoed?

    2. And even if they do and as management predicts, power prices start to increase as older generators shut down, are they in a position to reap the rewards? Or will they be tied down to restrictive contracts for next 15+ years?

    For question #2, keep in mind that by the time all the Direct Energy contracts expire, the plant will be about ~20 years old.

    MIC's presentation for the BEC acquisition states that due to 50%+ of NYISO J power plants being 41-65 years old, power production will be reduced in the near future, giving a modern BEC a big advantage.

    But looking at the above information, that means BEC will spend half its lifespan tied up in these Direct Energy contracts, by the time they are over, it will be in the same age range as the plants it is intended to replace.

    Thanks for reading!
    Jul 27, 2015. 04:42 PM | Likes Like |Link to Comment
  • Wal-Mart Going After The Heart Of The Amazon Beast [View article]
    Dennis you are wrong. Your own argument really shows that Walmart can do to Amazon what Amazon did to Best Buy.
    People can go to Amazon first and compare and then buy at Walmart when prices are cheaper.
    Prime is the real differentiator.
    Jul 15, 2015. 09:42 AM | Likes Like |Link to Comment
  • Amazon's Shipping Strategy And Why It Must Work [View article]
    Uh amazon does compete in storage with s3 and glacier. they are used for everything from hosting website files to professional backup solutions.
    Jun 28, 2015. 03:48 PM | Likes Like |Link to Comment
  • Starbucks announces Spotify deal; more partnerships on the horizon [View news story]
    Error in posting. The premium subscription is for starbucks employees, not customers.
    May 19, 2015. 02:24 AM | 1 Like Like |Link to Comment
  • Arista beats by $0.13, beats on revenue [View news story]
    Awesome. This company is going to skyrocket when the Cisco lawsuit is resolved
    May 14, 2015. 04:10 PM | Likes Like |Link to Comment
  • Penn West to sell more assets, renegotiate debt, fight accounting scandal [View news story]
    For a company with an accounting scandal and facing low oil prices, defending the stock price shouldn't be their goal. Fixing financial reporting functions and securing the company's short term future should be the goal.
    May 14, 2015. 03:51 PM | Likes Like |Link to Comment
  • Report: Uber bids up to $3B for Nokia's HERE unit [View news story]
    At least some in shares, that's why it says up to 3 billion, depends on Uber share valuation which could be much more profitable than cash
    May 7, 2015. 06:07 PM | Likes Like |Link to Comment
  • Google Cloud Is No Real Threat To Microsoft [View article]
    The author has confused some terms.

    Office 365 is not a cloud computing offering, it is a software as a service (SaaS) offering, hosted "in the cloud", that is to say, on Microsoft's servers.

    Microsoft's cloud computing offering is Azure versus Google's own Compute Engine or App Engine, and Google's cloud offerings are very powerful and significantly cheaper.

    Google's competitor versus Office 365 would be Google Apps which provides office, collaboration, cloud storage, calendar, e-mail and other capabilities for significantly less than an Office 365 subscription but with the downfall of lacking Office's ease of use and powerful features.
    Apr 21, 2014. 03:47 AM | 1 Like Like |Link to Comment
  • Amazon: A Long-Term Buy [View article]
    Amazon did of course. Prime is free for 30 days when you first sign up so long as your account hasn't had prime for some period of time.

    If you have a free Prime trial, when would you use it? When you're busy ordering the most packages.

    So you utilize free 2 day shipping during Christmas and then cancel before you get charged the full yearly price.
    Feb 24, 2014. 01:59 PM | 1 Like Like |Link to Comment
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