Seeking Alpha

Vartu

Vartu
Send Message
View as an RSS Feed
View Vartu's Comments BY TICKER:
Latest comments  |  Highest rated
  • Stay Away From Seadrill [View article]
    Don't forget that JF likes to collect those dividends himself. With the surprisingly precipitous drop in oil prices, maybe JF thought the radical decision to alienate stockholders by suspending the dividend was more than balanced by the opportunity to use that money for some else -- like acquisitions. Sure, it can also be used to shore up the balance.

    Expensive oil, like in the Bakken, may stay in the ground longer, and that will bring supply & demand into balance. Isn't oil coming from SDRL rigs cheaper than a lot of oil currently being pumped?
    Nov 28, 2014. 09:01 AM | 7 Likes Like |Link to Comment
  • Update: Rosneft-North American Drilling Break-Up Period Extended Until May [View article]
    Anthony, thanks for posting this news. Your article and the comments that follow are very useful.
    Nov 9, 2014. 09:05 AM | 6 Likes Like |Link to Comment
  • When Elephants Fight, Ants Perish - Exxon Mobil, Seadrill And EU/USA Sanctions [View article]
    It's carrot and stick to get Putin to get "his troops" out of the conflict w/ Ukraine. The Soviet Union collapsed in 1991, Russia has no right to bully its neighbors just because it was the biggest part of the Soviet Union.

    Don't forget that Russia would be in deeply serious trouble if they didn't have oil and gas. They need that revenue. Little other industry, a shrinking population that is less than half of the size of the US population. Their deal w/ China helps them, but China would love to acquire some of that land that Russia owns -- China's population is expanding, unlike Russia's, potential friction.

    BTW, somebody pointed out that Bermuda is not a country and the UK is in charge of their foreign affairs, and the UK is in the EU.

    If it helps Ukraine, I can withstand a drop in SDRL and NADL for a while. I'm not selling, and I may even buy more.
    Sep 15, 2014. 09:03 AM | 6 Likes Like |Link to Comment
  • Seadrill Angers EU With Rosneft Deal, New Sanctions May Hurt [View article]
    Russia needs the money from selling its oil and gas. Sanctions aren't fun, but neither is allowing Putin to control Ukraine. After Ukraine, the Baltics? Poland?
    Sep 12, 2014. 01:01 PM | 6 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, Dec. 7,2012 [View instapost]
    Lynas, MCP and others get mentioned in today's FT. Interestingly, you can read the whole article on CNN International's website. The title of the FT version points out that the article is about the heavies. Lynas doesn't get credit for its HREEs.

    http://bit.ly/VmjHxK

    Two excerpts:
    "Molycorp and Lynas look set to satisfy demand for light elements, with room for a third operator, such as Canada's Iamgold."

    "But analysts point to Quest's Strange Lake project in Quebec, as well as projects run by Tasman Metals in Sweden, Matamec Explorations and Avalon Rare Metals in Canada and Alkane Resources in Australia, as those nearest to going in to production of heavy rare earths."
    Dec 31, 2012. 08:39 AM | 6 Likes Like |Link to Comment
  • Seadrill's Future Comes Into Focus Upon Expiration Of Rosneft Breakup Rights [View article]
    The bad news could continue to get worse. However, with continuing conflicts between Iran (Shiites) and the Saudis (Sunnis), and other problems in the Middle East, quick reversals can also happen.
    Nov 4, 2014. 10:20 AM | 5 Likes Like |Link to Comment
  • Seadrill Angers EU With Rosneft Deal, New Sanctions May Hurt [View article]
    This has to come to a conclusion. If the Russian troops are, indeed, withdrawn, perhaps this will wind down. Remember that Putin has always said that his troops were not in Ukraine, so he doesn't lose face if they have left. He can say he has brokered peace between the separatists and Kiev. If the sanctions are reduced and eventually ended, SDRL and NADL will really move up.
    Sep 12, 2014. 10:50 AM | 5 Likes Like |Link to Comment
  • Armour Residential Snatches Defeat From The Jaws Of Victory [View article]
    Since ARR has been joined by NLY, MTGE and AGNC in reducing dividends, it looks as though the sector in general is finding difficulty navigating the current interest rate environment. Will ARR perform any better or worse than the others? At least, with DRIP, my lower dividends are buying lower priced shares that will appreciate when things finally settle down.
    Sep 20, 2013. 12:53 PM | 5 Likes Like |Link to Comment
  • "We're going to patent it all," Steve Jobs declared in '06 after Apple (AAPL) paid $100M to settle an IP suit. The result would be a huge patent portfolio Apple is now wielding against rivals amidst complaints many patents cover obvious and/or existing software concepts. Apple's "unified search" patent was rejected in '04, with an examiner calling it "an obvious variation" on existing ideas. It would be rejected 8 more times before getting approved last year, and then successfully used against Samsung. [View news story]
    When the Google CEO sits on Apple's board and then Google comes up with the copy-catting Android OS that they give away for free to Apple's competitors, Apple should do everything in its power to stop them.
    Oct 8, 2012. 10:15 PM | 5 Likes Like |Link to Comment
  • Is This A Good Time To Buy Seadrill? [View article]
    HK, I'm in the same boat you're in. Most of my shares were in the mid to high 30s, and I averaged down little by little as prices were dropping into the low 20s. All told, down 64%. I'm not selling and locking in that loss. Let's see what management does to navigate this new cheaper oil environment. Okay, one thing they did was to conserve cash by suspending the dividend. Using that $2b wisely could mean a faster recovery for shareholders. These guys aren't neophytes at this business, I think we have to give them credit for being willing to make the tough, unpopular decisions if they think the end-game warrants.
    Dec 6, 2014. 11:03 PM | 4 Likes Like |Link to Comment
  • GT Advanced Technologies - Short Interest Drops, But Does It Matter Now? [View article]
    But these "nauseating articles" trigger valuable discussion that would be difficult to find anywhere else.
    Sep 11, 2014. 05:43 PM | 4 Likes Like |Link to Comment
  • Armour Residential Snatches Defeat From The Jaws Of Victory [View article]
    Hmmm! If you go to The Street, Cramer's website, the article written about a week before NLY, ARR, AGNC, etc. cut their dividends, is entitled "Hold These Top 3 Hold-Rated Dividend Stocks Today: BMR, ARR, EEP."

    Forensic accountant? Nice try. Lady Di!
    Sep 22, 2013. 08:47 AM | 4 Likes Like |Link to Comment
  • Linn Effectively Admits To Misleading Investors And Announces Key Accounting Changes [View article]
    A more positive POV at http://bit.ly/1a6IfCM
    Sep 19, 2013. 09:04 AM | 4 Likes Like |Link to Comment
  • Annaly Capital: Several Cautionary Catalysts To Consider Before Establishing A Position [View article]
    But how about those of us who established positions months ago when the Fed's promise of low rates for years made us think we were okay?

    As NLY, AGNC, MTG and others adjust to the new realities, won't share prices regain what they lost? Granted, it won't happen overnight, but at least we will be getting low-priced shares via DRIP while we wait.
    Aug 19, 2013. 08:48 AM | 4 Likes Like |Link to Comment
  • High Yield Names For Every Situation [View article]
    "The company (Linn) is currently under investigation by the SEC," but it really is the much less serious sounding "informal inquiry." Several very recent upgrades on the stock since Linn voluntarily announced the inquiry.
    Jul 8, 2013. 03:17 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
196 Comments
207 Likes