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Latest  |  Highest rated
  • Expedia: Lower Fees, Higher Costs And Slower Growth Make It A Laggard Vs. Priceline.com [View article]
    Completely agree, but many are too lazy to check it out. Often times I have the feeling that OTA in their agreements demand similar pricing compared to direct bookings as well, to ensure competitive pricing and their fees.

    Some hotels rely heavily on OTA traffic, and agree to such terms.
    Feb 11, 2015. 03:05 PM | Likes Like |Link to Comment
  • Expedia: Lower Fees, Higher Costs And Slower Growth Make It A Laggard Vs. Priceline.com [View article]
    Could be an issue, but in all honesty this seems more a temporary issue.

    Younger generations have and most likely will never book through a traditional travel agency.
    Feb 11, 2015. 02:46 PM | Likes Like |Link to Comment
  • Expedia: Lower Fees, Higher Costs And Slower Growth Make It A Laggard Vs. Priceline.com [View article]
    PCLN focuses on hotel rooms with lower average prices. They can take a higher percentage fee on this booking number, to leave the dollar amount of fees roughly equal compared to EXPE. However by focusing on these cheaper rooms, it can facilitate more transactions, thereby generating more revenues on a similar booking number.

    with regards to margins, EXPE is clearly consolidating itself. However the strategy to focus on many brands which on occasions compete with other brands of the group, leads to much higher back-end/technology costs.
    Feb 11, 2015. 02:20 PM | Likes Like |Link to Comment
  • AGCO: More Topline Weakness, Great Cost Control, Long-Term Appeal Remains [View article]
    Just long DE, AGCO. Don't care too much for POT/MOS. MON is a bit too expensive, but great company.

    it is more about the valuation as weather/harvests have a great impact now. Things will turn at some point.
    Feb 9, 2015. 01:42 AM | Likes Like |Link to Comment
  • GrubHub: Focus On Growth Is Rewarded By Investors As They Applaud The Announced Deals [View article]
    Thank you for the insights and very nice words. And of course good luck on your position!
    Feb 7, 2015. 03:07 PM | 1 Like Like |Link to Comment
  • National Oilwell Varco - Caution In The Short Run, Optimistic In The Long Run [View article]
    HAL has been down more than NOV, it most moved earlier on the back of the BHI deal.
    Feb 7, 2015. 01:39 AM | Likes Like |Link to Comment
  • Anadarko Petroleum - Low Dividend Helps To Preserve Cash, As Profits Disappoint [View article]
    My mistake. It should be ¨Andarko is not paying out fat dividends¨.

    Thanks for spotting. Tronox is already settled, not paid. The news is surely baked into the prices, but such a +$5 billion future payout is still a substantial sum to be paid out, especially if cash flows turn negative.

    Thanks.
    Feb 5, 2015. 12:09 AM | Likes Like |Link to Comment
  • C.H. Robinson - Great Business, Very Nice Bolt-On Acquisition Of Freightquote [View article]
    haven't seen the numbers yet, nor listened to the call.
    Feb 4, 2015. 01:02 PM | Likes Like |Link to Comment
  • Helmerich & Payne - Great Pain Ahead, Much Is Already Priced In [View article]
    Haha I like the approach. Did they answer the phone?
    Feb 4, 2015. 08:39 AM | 1 Like Like |Link to Comment
  • Helmerich & Payne - Great Pain Ahead, Much Is Already Priced In [View article]
    I was thinking the same thing;) He has probably loaded up on the thing;)
    Feb 4, 2015. 12:12 AM | Likes Like |Link to Comment
  • ConocoPhillips - Dividend Is Safe, For Now [View article]
    Some of these EOG are too expensive indeed. Surprised to see a lack of real declines in many of these players, especially compared to one-year ago.

    Thanks for the info. May I ask which subscription you are using?
    Feb 4, 2015. 12:11 AM | 1 Like Like |Link to Comment
  • ConocoPhillips - Dividend Is Safe, For Now [View article]
    with oil majors I mean XOM,CVX, COP, RDSA. Those kind of names

    Line is not an oil major. I guess 95% of emerging shale players (even those who have been around for a decade orso) have a much higher ratio compared to COP.

    EBITDA and interest are two different things now. Keep a close on the expected EBITDA and factor in higher interest payments/debt levels as well following free cash flows. Don't blindly trust financial ratio's reported by financial websites.

    Good luck.
    Feb 3, 2015. 04:23 PM | Likes Like |Link to Comment
  • ConocoPhillips - Dividend Is Safe, For Now [View article]
    Very good analysis. Thanks. I was thinking the same thing as well. Notably the discrepancy between NOV and SLB/BHI/HAL is huge in recent days, not sure why the market is reacting so badly to NOV numbers.
    Feb 3, 2015. 03:38 PM | Likes Like |Link to Comment
  • ConocoPhillips - Dividend Is Safe, For Now [View article]
    Q4 13 WTI prices $95-$100
    Q4 14 WTI prices $73
    Now $53 after nearly $10 dollar jump.

    If oil hangs here and will slowly move up they will be fine. The trouble is what the outlook will be in this oil remains at this current (or lower) level for some time to come given the fair bit of leverage, dividends.

    I have nothing against the company, as matter of fact I invested in the company in the past. I am just worried about the higher leverage in combination with commitment to leverage.
    Feb 3, 2015. 02:55 PM | Likes Like |Link to Comment
  • ConocoPhillips - Dividend Is Safe, For Now [View article]
    COP is certainly the most leveraged oil major out there, and its commitment to maintain dividends ( to not look back versus the group) can certainly result in real issues if oil prices do not recover while the company continues to commit itself to the dividends.
    Feb 3, 2015. 02:47 PM | 1 Like Like |Link to Comment
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