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Vartu

Vartu
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  • Update: North Atlantic Drilling Sells 30% Equity Stake To Rosneft In Exchange For Onshore Drilling Assets In Russia [View article]
    An active and more useful discussion site can be found at??????????
    Sep 5, 2014. 08:26 AM | Likes Like |Link to Comment
  • Seadrill Ltd: Check The Risk Factors [View article]
    I'd think factors that make fracking difficult would encourage and be a tail-wind for offshore drillers.
    Sep 4, 2014. 08:33 AM | 3 Likes Like |Link to Comment
  • Seadrill Ltd: Check The Risk Factors [View article]
    Don't wait until the train has left the station. Buy a little now and average down later.
    Sep 3, 2014. 08:53 AM | 2 Likes Like |Link to Comment
  • Seadrill Limited: Complete Fleet Status And Second Quarter Results Analysis [View article]
    Thanks. Sure would hate, in the unlikely event of $80 (or lower) oil, for customers to walk away from their contracted day rates.
    Sep 1, 2014. 08:36 AM | Likes Like |Link to Comment
  • Seadrill Limited: Complete Fleet Status And Second Quarter Results Analysis [View article]
    For several years, some of those "experts" have been saying that oil ought to be in the $80-$85 range. I know Saudi Arabia needs $100/barrel to keep its population from getting too restless, but I wonder at what point day rates become negotiable.
    Aug 31, 2014. 05:55 PM | Likes Like |Link to Comment
  • Seadrill Limited: Complete Fleet Status And Second Quarter Results Analysis [View article]
    Russia's western neighbors need the gas, but Russia badly needs the money it gets for selling that gas. Don't forget that the Russian economy is highly dependent on its oil and gas.
    Aug 31, 2014. 03:08 PM | 1 Like Like |Link to Comment
  • Seadrill Limited: Complete Fleet Status And Second Quarter Results Analysis [View article]
    If the price of Brent were to fall substantially, would there be any threat to the day rates the drillers get?
    Aug 31, 2014. 09:02 AM | Likes Like |Link to Comment
  • Seadrill Limited: Complete Fleet Status And Second Quarter Results Analysis [View article]
    But Russia need the money from the sale of that gas. Except for its oil and gas, the Russian economy is a disaster.
    Aug 30, 2014. 10:57 AM | 1 Like Like |Link to Comment
  • Seadrill sinks as "fierce" competition hits earnings [View news story]
    True, there are some pretty bad articles, but many of those trigger some of the most useful comments -- even some excellent debates.
    Aug 28, 2014. 09:42 AM | 2 Likes Like |Link to Comment
  • Re-Evaluating My SeaDrill Limited Holdings [View article]
    I suspect Putin will let this conflict to just wind down. Very slowly begin to withhold additional arms to the rebels and allow the rebels and many of their supporters to migrate (back) to Russia. He will maintain a military presence on the Russian side of the border just to irritate and remind the West of what a nuisance he could be.

    The West will allow the sanctions to melt away.
    Aug 4, 2014. 08:21 AM | Likes Like |Link to Comment
  • Re-Evaluating My SeaDrill Limited Holdings [View article]
    However, from Seadrill's annual report:
    "Earnings per share
    Basic earnings per share ("EPS") is calculated based on the income (loss) for the period available to common stockholders divided by the weighted average number of shares outstanding for basic EPS for the period. Diluted EPS includes the effect of the assumed conversion of potentially dilutive instruments which for the Company includes share options, restricted stock units and convertible debt. The determination of dilutive earnings per share requires the Company to potentially make certain adjustments to net income and for the weighted average shares outstanding used to compute basic earnings per share unless anti-dilutive."

    I guess there's "Basic EPS" AND there's "Dilutive EPS."
    Jul 30, 2014. 06:49 PM | Likes Like |Link to Comment
  • Re-Evaluating My SeaDrill Limited Holdings [View article]
    I see the reference to Seadrill, but I don't see any specific reference to whether or not bonds that are converted are a dilution. I see references to dilution, but in regard to how that affects the bond value. Frankly, I would think it would NOT be dilution.

    However, since the announcement says: "the number of common shares outstanding in Seadrill has increased by 23,827,751 shares," I guess there is dilution. Confusing stuff!

    Thankfully, SDRL did not have a bad day today.
    Jul 30, 2014. 05:59 PM | Likes Like |Link to Comment
  • Re-Evaluating My SeaDrill Limited Holdings [View article]
    Dilution or not? I read opinions that converting these bonds to SDRL shares is NOT dilution because that was already figured into the number of shares. I also read that it is dilution.

    If I own a convertible bond and its is worth one share and I convert it and dilution drives down the share price, that seems wrong and unfair. Or, when the bond is issued, is the dilution already figured into the value of one share?
    Jul 30, 2014. 09:07 AM | Likes Like |Link to Comment
  • Update: Seadrill Bond Conversion A Done Deal; Little Guys Might Not Benefit [View article]
    Article in today's WSJ about oil companies drilling more in wealthy (safer/stabler) countries. New Zealand and Australia are mentioned, but some resistance to offshore drilling -- a PBR drill ship may have been chased away. Anadarko and others are drilling offshore.
    Jul 28, 2014. 09:20 AM | Likes Like |Link to Comment
  • Should You Buy Or Sell InvenSense Going Into Earnings? [View article]
    If INVN has gotten in bed with AAPL, shouldn't some of that revenue & profit show up in the April/June quarter? Apple products are likely in production.
    Jul 25, 2014. 11:40 AM | Likes Like |Link to Comment
COMMENTS STATS
196 Comments
207 Likes