Seeking Alpha

imkul2003

imkul2003
Send Message
View as an RSS Feed
View imkul2003's Comments BY TICKER:
Latest  |  Highest rated
  • The Long-Term Prospects Of Seadrill Remain Bright [View article]
    SDLP sells stock and raises cash (which goes to SDRL) with each dropdown .
    Apr 2 01:58 PM | Likes Like |Link to Comment
  • The Drillers Take It All - Part 2: Focus Seadrill [View article]
    Insider ownership plus institutional is much higher than 17%!!
    Mar 20 12:16 PM | 1 Like Like |Link to Comment
  • Transocean Or Seadrill? The Race Is Still On For The $50 Line [View article]
    Vizzini: HE DIDN'T FALL? INCONCEIVABLE.

    Inigo Montoya: You keep using that word. I do not think it means what you think it means.

    I love the movie. The Princess Bride. Anyway, I do not think it is "manipulation" when analysts comment on a negative trend in a sector and investors react rationally by bidding down the share price. I do not think, based on internal inconsistencies in your reply, that you really think it is "manipulation" either. The reactions in these kinds of cases are almost always overblown at first (both by analysts and investors). In my observation of the markets these 15 years, this phenomenon is such a commonplace as to be almost unremarkable. I expect it will "overcorrect" on the upside too, almost describing the motion of a pendulum. What is also unremarkable, I suppose, is the invariable chorus of "Manipulation!" that swells from the partisan throats of the aggrieved longs. So I guess I should just shut up.
    Mar 5 02:15 AM | Likes Like |Link to Comment
  • Transocean Or Seadrill? The Race Is Still On For The $50 Line [View article]
    Well, thanks to you, SH. Your wisdom has been a benefit to many of us who read these boards.
    Mar 4 12:09 AM | Likes Like |Link to Comment
  • Transocean Or Seadrill? The Race Is Still On For The $50 Line [View article]
    This type of conspiracy theory is beneath you, SH. You are usually so level-headed. The downgrades can be justified. You may not agree w/ them, and you may be right, who knows? But there is clearly a slowdown in the offing and no one knows how long it will last. This is a historically cyclical industry and SDRL has a ton of debt. Things could turn very ugly.

    You say the analysts "conspired" to come out w/ negative reports at the same time, and it's impossible that so many could have done so coincidentally. The obvious response to this is that they were all objectively monitoring the same set of circumstances. The slowdown occurred when it occurred and the analysts' reports about it occurred after it was a documented fact and therefore necessarily around the same time. No collusion necessary here. Was SDRL involved in the conspiracy when they warned of a "pause" in their Q3, not q4 cc? Was RIG when it spoke of the same objective event prior to SDRL. in q3?

    Come on, your knowledge of this industry is top notch, but the conspiracy theory stuff is beneath you.
    Mar 3 07:28 PM | Likes Like |Link to Comment
  • Seadrill Appears Able To Sustain Its Dividend As Long As Industry Weakness Is Short Term [View article]
    This person obviously hasn't followed your articles and, apparently, didn't even bother to read this one carefully.
    Feb 24 01:14 AM | 1 Like Like |Link to Comment
  • Seadrill Appears Able To Sustain Its Dividend As Long As Industry Weakness Is Short Term [View article]
    $164k/day in GOM is actually pretty good. Costs there are supposed to be less than many other areas so dayrates are usually less.
    Feb 24 12:49 AM | Likes Like |Link to Comment
  • Buy Seadrill Ahead Of Earnings Report [View article]
    The company does not have 100 jackups under construction. They have 10 under construction based on 1/24/14 presentation.
    Feb 3 01:43 PM | Likes Like |Link to Comment
  • Ship Finance International: Diversification Is Key To Overcoming Challenging Oil Market [View article]
    The "lull" refers to the drilling rigs, not the tankers. The tankers are not experiencing a "lull" right now. Far from it.

    If you call the crash in tankers going back a few years now a "lull", I don't even know how to respond.
    Jan 30 01:23 PM | Likes Like |Link to Comment
  • Ship Finance International: Diversification Is Key To Overcoming Challenging Oil Market [View article]
    SFL's "primary business" is not "owning and leasing out a fleet of crude oil tankers..." Their primary business is the drilling rigs. And the so-called "lull" will not affect SFL as they have long-term contracts in place with reliable counter-parties. I know this has been pointed out by others, but I just wanted to explicitly reiterate these few suggested corrections.

    In addition, the "challenging oil market" (I read this as 'tanker market') has been going great guns for the past quarter or more and should prove to be extremely profitable for SFL. Some of this will be seen in q4 report and q1 2014 looks to be shaping up to be awesome! We'll see how long it can last.
    Jan 27 08:34 PM | Likes Like |Link to Comment
  • Noah Holdings: A Bargain For A Chinese Wealth Management Company With Strong Growth [View article]
    Any idea why the price is down so much of late? I couldn't read your article about staying on the sidelines, which is restricted to professionals. Can you give any brief synopsis?
    Jan 25 05:04 PM | Likes Like |Link to Comment
  • SeaDrill: Busting The Myth Of High Debt [View article]
    He also didn't mention who Fredriksen's grandmother is! Maybe that should have been part of the scope of the article?
    Jan 17 01:45 AM | Likes Like |Link to Comment
  • Ship Finance International - Does West Linus Acquisition Bring Any Value ? [View article]
    With the $19MM net yearly cash flow (after accelerated debt repayment and interest coverage) in the first 5 years, the return is 15% on equity of $125MM. I assume the return will drop in later years, but w/ accelerated debt repayment not as much as one might imagine.
    Dec 19 09:34 AM | Likes Like |Link to Comment
  • Grand Canyon Education: A Good Apple In A Rotten Barrel [View article]
    Thanks for a good article. I think, as you've suggested, the faith angle is significant and makes this a compelling story.
    Dec 13 10:50 AM | Likes Like |Link to Comment
  • Ultra Petroleum: Additional Data Supports Uinta Acquisition Valuation [View article]
    Very informative! Thanks
    Dec 10 04:13 AM | Likes Like |Link to Comment
COMMENTS STATS
46 Comments
15 Likes