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Molycorp's CEO Discusses Q1 2012 Results - Earnings Call TranscriptThu, May 10, 2012 • 2 Comments
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Molycorp's CEO Discusses Q4 2011 Results - Earnings Call TranscriptThu, Feb 23, 2012 • 4 Comments
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Molycorp's CEO Discusses Q3 2011 Results - Earnings Call TranscriptThu, Nov 10, 2011 • 4 Comments
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Molycorp CEO Hosts Analyst Day - Conference Call TranscriptThu, Oct 20, 2011
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Molycorp CEO Discusses Q2 2011 Results - Earnings Call TranscriptThu, Aug 11, 2011
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at MarketWatch.com (May 9, 2013)
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at CNBC.com (May 9, 2013)
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at MarketWatch.com (May 9, 2013)
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at MarketWatch.com (Mar 13, 2013)
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at CNBC.com (Mar 12, 2013)
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at CNBC.com (Feb 28, 2013)
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at CNBC.com (Feb 22, 2013)
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at CNBC.com (Jan 23, 2013)
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at MarketWatch.com (Jan 10, 2013)
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at MarketWatch.com (Jan 8, 2013)
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at MarketWatch.com (Jan 8, 2013)
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at CNBC.com (Jan 2, 2013)
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at MarketWatch.com (Dec 12, 2012)
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at CNBC.com (Dec 12, 2012)
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at MarketWatch.com (Dec 11, 2012)
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at CNBC.com (Dec 11, 2012)
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at MarketWatch.com (Dec 10, 2012)
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at CNBC.com (Dec 4, 2012)
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at CNBC.com (Nov 23, 2012)
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at MarketWatch.com (Nov 9, 2012)
MCP vs. ETF Alternatives
Company Description
We are the only REO producer in the Western hemisphere and own the world’s largest, most fully developed rare earth project outside of China. Furthermore, following the execution of our “mine-to-magnets” strategy and completion of our modernization and expansion efforts, we expect to be one of... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, January 23, 3:59 PM Molycorp's (MCP -11%) ugly day nears a merciful end, capped by a Dahlman Rose downgrade based on the unanticipated additional scaling up of capital requirements, also noting an additional $130M in capex for 2013. Assuming the proposed $300M capital raise is finalized, 25M new shares are issued and the revised capex, the firm sees a negative ~$1.00/share impact to NAV. 1 Comment [Commodities, Quick Ideas, On the Move]
- Wednesday, January 23, 11:52 AM Molycorp (MCP -7.4%) plunges after warning of substantially lower than expected production in Q4 2012 and H1 2013 while foreseeing a $250M cash shortfall even with its proposed $300M capital raise. But hope springs eternal for some, as Oracle's Laurence Balter remains bullish: "They are raising less capital than I thought... Investors need to be patient." 6 Comments [Commodities, On the Move]
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Wednesday, January 23, 9:10 AM
Premarket gainers: MAPP +59%. TELK +23%. CREE +14%. ISRG +9%. RFMD +6%. ACAD +6%. GOOG +5%.
Losers: COH -17%. MCP -14%. NMRX -14%. STSI -11%. BNNY -8%. GD -5%. 1 Comment [On the Move] - Wednesday, January 23, 7:22 AM Molycorp (MCP) -4.3% premarket as the company sets a capital raise, offering a secondary of $200M in common stock and $100M of convertible notes. Both figures could rise another 15% if underwriters exercise their options to buy. (PR) 1 Comment [Commodities, On the Move]
- Monday, January 14, 9:54 AM Early strength in Molycorp (MCP +2.2%) is attributed to a takeover story making the rounds highlighting the shares' recent fall below NAV which is turning the high-potential firm into a prime takeover target. Even after rebounding from a record low in November, MCP still trades at a 19% discount to their book value. 1 Comment [Commodities, M&A, On the Move]
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Thursday, January 10, 12:45 PM
Midday top 10 gainers: UCBA +48%. NOK +19%. VOXX +17%. NEWL +16%. FSCI +16%. MY +15%. HAST +15%. HGG +13%. SVU +12%. PTIE +11%.
Midday top 10 Losers: MCP -21%. GIG -21%. DRWI -20%. UNXL -14%. PRXI -8%. QRM -8%. ASNA -8%. THLD -8%. SSRI -8%. PRGN -7%. 1 Comment [On the Move] - Thursday, January 10, 9:46 AM Molycorp (MCP -19.3%) plummets at the open after projecting lower-than-expected revenue and cash flow this year due to weakening rare earth prices. J.P. Morgan cuts its price target on shares to $5 from $8: "We continue to believe MCP will likely have to seek additional capital beyond just a revolver and/or equipment leaseback." AVL -3.9%, REE -3.1%. 2 Comments [Commodities, On the Move]
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Thursday, January 10, 9:10 AM
Premarket gainers: NOK +20%. SVU +19%. NEWL +18%. QLIK +8%. CRUS +7%. STM +5%.
Losers: MCP -12%. ASNA -12%. ARO -9%. TIF -8%. Comment! [On the Move] - Thursday, January 10, 7:49 AM Molycorp (MCP) slides 8.7% premarket as the company warns its 2013 revenue and cash flow will far short of expectations. "(The company) is evaluating its capital needs." (PR) 1 Comment [Commodities, On the Move]
- Monday, January 7, 7:27 AM China sets at 46.9K metric tons its first rare earth production quota for 2013 - roughly half the level of 2012. Molycorp (MCP) gains 3% premarket, also helped by Lawrence Balter putting the stock on his list of 2013 underdogs to surprise. The bad news and then some is baked in, he says, keeping his $50 price target on the shares. 10 Comments [Commodities, Global & FX, On the Move]
- Wednesday, January 2, 8:12 AM Molycorp (MCP) +7.3% premarket, as the company’s low valuation and the chance to lock in rare-earth resources could make it a potential takeover target, Bloomberg reports. Analysts say manufacturers from Nissan (NSANY.OB) to Siemens (SI) could be interested, and shares could fetch $15 in a takeover. 1 Comment [Commodities, M&A, On the Move]
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Wednesday, December 12, 2012, 9:10 AM
Premarket gainers: YMI +79%. DSTI +15%. SCMP +11%. ACAD +9%. BGMD +10%.
Losers: RSOL -16%. CIE -11%. MCP -6%. Comment! [On the Move] - Wednesday, December 12, 2012, 9:06 AM Despite the immediate negative reaction to the ouster of Molycorp (MCP) CEO Mark Smith - shares -5.5% premarket - investors may come around to a more positive view. Smith "had lost credibility" with constituents, shareholders, potential investors and analysts, a J.P. Morgan analyst says; "his ability to deal with the financials of an emerging company appeared to overwhelm him at times," says another. 9 Comments [Commodities, On the Move]
- Tuesday, December 11, 2012, 5:17 PM Conspicuously absent from Mark Smith's resignation announcement was any mention of the SEC investigation over the accuracy of Molycorp's (MCP) disclosures. The take from 24/7's Jon Ogg: "To announce that a CEO has left the company with no explanation in the midst of a regulatory investigation is not in good taste at all. It could even be alarming." MCP -5.3% AH. 9 Comments [Commodities, On the Move]
- Tuesday, December 11, 2012, 4:32 PM Molycorp (MCP) says CEO Mark Smith has resigned; no explanation is offered. Board vice chairman Constantine Karayannopoulos is named interim president and chief executive. Shares -6.3% AH. 12 Comments [Breaking News, Commodities, On the Move]
- Tuesday, December 11, 2012, 4:00 PM Molycorp (MCP +5.8%) posts its second straight strong gain, as the picture grows brighter: Large stockpiles of rare earths are finally starting to dwindle, and top competitor Lynas is undergoing regulatory problems with Malaysia's government. How much higher can MCP climb? Oracle's Laurence Balter has a $50 price target, but shares still would be shy of their 2011 summer high near $7. 4 Comments [Commodities, On the Move]
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Kapitall
3 highly shorted stocks being bought by insiders $MCP $SD $XOMA http://seekingalpha.com/a/sydv - View all 0 replies
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Jason Burack
$MCP is now fluctuating around $5/share. This price is triggering forced selling from some mutual funds, pension funds, etc. - View all 0 replies
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Nicholas Ward
$MCP down again today. Does anyone have information on this one? Am I seeing value or a value trap? - View all 0 replies
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morongobill
I noted with interest the amount of time spent discussing SorbX and the timed announcement of the deal with Univar to push it. $MCP - View all 2 replies
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morongobill: I agree. Wall Street was happy to see a plan by Molycorp and some might say a way to keep the balls juggling, Con K definitely delivered.
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Michael Bryant
But notice that the time since IPO & when Molycorp ($MCP) started to plunge is the same as Oaktree's ($OAK). http://yhoo.it/ZHyVj6 - View all 1 replies
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DaLatin: There is a big difference with a symbol like MCP. They had a high of 35 & no PE. And, compete with China. OAK has solid $s Apples 2 trash
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whitehead1
$MCP reporting this afternoon. this thing looks dangeous. I think it goes under 5 this evening. - View all 4 replies
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WizardSleeve: I am betting that goodwill will end up being less impaired than the market is expecting. -
morongobill: Great call WizardSleeve on the intangibles markdown. Where do you think the stock will be at the next earnings call?
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LATEST REPLIES
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John Rayhall: Stock is crazy they may release some PR that will make it shoot up in the future let's see.
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Bill Maurer
$MCP down 25%. This is what happens when your expectations are sky high and you disappoint. - View all 5 replies
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joe kelly: Looks like people were confusing expectations with hope. -
REIT: people don't have a clue..don.t management have anyone to report to? it amazes me how long such practice can go on pump and dump the stock
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Seppo2
Good news for $MCP "China's Sets First Round of 2013 Rare Earth Exports 27% Below 2012" http://mwne.ws/Xie60W - View all 1 replies
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John Rayhall: Looks like my pateince may pay off let's see what happens.
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Youngone91: china is cutting down production, lynas may lose its license, MCP's success is a matter of national security IMO
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Mercy Jimenez
Lots of care needed right now in playing rare earth sector; MCP +other players being beaten +rare earth prices mayB under pressure 4awhile - View all 1 replies
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Mercy Jimenez: http://bit.ly/SJyIYK plus WSJ pricing commentary http://on.wsj.com/X2VHVW No positions.
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Ocean Man: That's a good price, about 10% of what the execs sold it for last year.
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Bob de'Long: When an infant company keeps making scewball acquistions, it tells me that the core business may be unprofitable. -
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Perkins Cove
Sell MCP @ 11.18. Gain, including 50% margin, .92%. Thats point 92....lol http://seekingalpha.com/s/8mzr9 - View all 12 replies
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Perkins Cove: Exactly! LOL But I'm slowly learning that a constant daily gain is where its at. The big ones are nice, but its the average that counts.
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Master Che: why get emotional - it put in a swing bottom - nothing emotional or personal about a swing bottom
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REIT: just by looking at the options pricing and what will expire ...but you can say my gut feeling
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