apple had more serious issues than corning did. Corning is considered the best and most innovative glass manufacturer in the world right now.
the real risk here is plastics which are making inroads into glass, but their commitment to bendable glass helps alleviate that + plastics are not ready for display tech.
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
thanks for pointing out the obvious as usual buddy. you obviously did not do any work and read the terms of the offer and takeout options to GEOY holders.
Signal Of Distress In The Electricity Sector [View article]
the right way to look at it is to say pricing/demand has gone down but this utility makes its rate case as a % of equity in the business (PCG for example, which has practically won all its capex programs - resulting in higher equity down the road). So maybe that makes it undervalued now.
with regards to unreg, energy prices are hitting lows - which should be making their operating spreads wider. Per your research you'd prob want an unreg utility to take advantage of this.
Per most of anyone who's done any research in the utilities space, they'd prob be doing the contrarian thing here.. (buy the regulated).
Signal Of Distress In The Electricity Sector [View article]
for regulated utilities - your article has no meaning. you need to split up a utilities unregulated businesses (often interstate and which are cyclical) from regulated (which in state and are determined by rate cases between the utilities and states they operate in)
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
well by your ev/ebitda measure makes it worth $45 or more isnt it? or are you unable to do even that much work on your own?
as for banking - you seriously have to be kidding me right? lest you forget all the mistakes bankers and PE firms made in LBO deals in 2006, 2007, 2008..
have you ever talked to David Einhorn? or visited his firm?
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
uhhh fairness opinions are almost always flawed lol (thanks that was pretty funny). RRD would be trading 2x its current price if you used a fairness opinion valuation. Thank god I'm not a valuation expert, I'm an investor.
If you do your own EV/EBITDA valuation for the 2 - then you can explain to me why GEOY is worth over $45 a share.
And as for EV/BV, it is unorthodox - but I don't like giving credit for leveraged businesses and that's what MC/BV does (unless there's a lot of cash it makes EV very low, but that's a problem I'd rather deal with). Both are actually flawed measures, EV/BV is generally more conservative - so whatever floats your boat buddy..
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
no but i'm willing to take a price of $33 today vs a price of $37 in 2-3 yrs.. but I do think GEOY is better managed despite the publicity of the issues and can garner even a higher bid.
I think the failure of DGI to negotiate a deal is also going to trip them up a bit management-wise, especially if the GEOY comes in with another offer..
BBVA Banco Frances: A South American Bank You Don't Know [View article]
uhh sold long ago once it was evident that kirchner socialist programs were not only staying but becoming stronger.. they also have not pushed capital spending from govt programs to banks, and kirchner got reelected - don't advise on any investment in argentina till one of those 3 changes
Should You Join Cerberus' Stephen Feinberg By Investing In GeoEye? [View article]
yea the govt is also sharing in the cost of the satellite at GEOY - do you think they'll cut back the program where they have more invested capital at stake or the one with 0 invested capital at stake?
More Pain In Store For Corning [View article]
the real risk here is plastics which are making inroads into glass, but their commitment to bendable glass helps alleviate that + plastics are not ready for display tech.
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
if your not going to do any work, you might as well not participate
Should You Join Cerberus' Stephen Feinberg By Investing In GeoEye? [View article]
nok is a pretty tiny position but thanks for the look.
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
Should You Join Cerberus' Stephen Feinberg By Investing In GeoEye? [View article]
Signal Of Distress In The Electricity Sector [View article]
with regards to unreg, energy prices are hitting lows - which should be making their operating spreads wider. Per your research you'd prob want an unreg utility to take advantage of this.
Per most of anyone who's done any research in the utilities space, they'd prob be doing the contrarian thing here.. (buy the regulated).
Signal Of Distress In The Electricity Sector [View article]
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
as for banking - you seriously have to be kidding me right? lest you forget all the mistakes bankers and PE firms made in LBO deals in 2006, 2007, 2008..
have you ever talked to David Einhorn? or visited his firm?
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
If you do your own EV/EBITDA valuation for the 2 - then you can explain to me why GEOY is worth over $45 a share.
And as for EV/BV, it is unorthodox - but I don't like giving credit for leveraged businesses and that's what MC/BV does (unless there's a lot of cash it makes EV very low, but that's a problem I'd rather deal with). Both are actually flawed measures, EV/BV is generally more conservative - so whatever floats your boat buddy..
DigitalGlobe Rejects GeoEye, Why DigitalGlobe Should Counter [View article]
I think the failure of DGI to negotiate a deal is also going to trip them up a bit management-wise, especially if the GEOY comes in with another offer..
BBVA Banco Frances: A South American Bank You Don't Know [View article]
Should You Join Cerberus' Stephen Feinberg By Investing In GeoEye? [View article]
catch 22