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RRR77

RRR77
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  • Dow soars 7% amid beat, boost to capital returns [View news story]
    Buyback is real bid which come to the Market as well. 3times increase of buyback programm volume means that you got 3times bigger bids from the board. It's really bullish sign.
    Jan 29 12:45 PM | Likes Like |Link to Comment
  • Vale: Reasons To Buy This High-Yield Value Stock Before It Rebounds [View article]
    VALE is strong fundamental bet on the long-term basis. We can builf a few long-term scenarios (best & worst). Both cases tells me that VALE is cheap or not expensive - P/E 5.3. But I think you need to build your long-term bet based on average moderately bullish fundamental scenario, that global economy to avoid second crisis and hard landing in next few years, that China will manage sucssefully housing bubble and avoid hard landing as well, that iron ore demand from China near the bottom, will stabilising and moderatelly growing next 2-3 years, that EU sovereign crisis doesn't crash global investment sentiment, etc... This case does VALE value attractive, but I think we'll see more dipper correction in VALE stock price next couple of month and the bottom will dictate global economy development in the 2nd half of 2012. For long-term investors are very attractive levels to BUY around 20 $ per share and we break through down these level we open door for 10$ per share strong long-term support. Long-term ( 5 year or more ) target price is 35 $ per share or so.
    Apr 9 03:59 PM | Likes Like |Link to Comment
  • Freeport-McMoRan: 60% Upside Potential [View article]
    FCX is strong company, but I'm not sure that's correctly based only on your valuation model. Your val. model doesn't include a lot of factors, such as: future cash flow, capex and some else. You need discount porencial earnings to the coming risks of china copper demand slowing, Grasberg mine 50% nationalisation risks as well as Grasberg have limited potential of open-pit exploration ( low cost ! ) and FCX should develop their biggest part of reserves undergrond ( high cost ) which will significantly increase capex during next 5 years. From valuation side FCX is cheap comparing with 5-10 years valuation average ratios, but on the middle-term there are a lot of downside risks and I think FCX can be cheaper in next 6 month. I prefer wait for more cheaper price to BUY !
    Mar 24 01:12 PM | Likes Like |Link to Comment
  • Market recap: Stocks held on to modest gains, as Apple’s dividend and share buyback news helped its shares (+2.6%) and the tech sector but did little to benefit the broad market. BofA, which surged in morning action, reversed course and ended -1.6%. Treasury prices continued to slide, pushing 10-year yields to five-month highs. NYSE advancers led decliners nearly two to one.  [View news story]
    S&P500 still continue the rally ! Better than expected US macro data, continuing of positive surprices US earnings, some progress in EU debt sovereign crisis, stabilisation of EU macro data on negative levels ( but don't falling more ) last month and seasonal buying power of 1Q drive US market to the 4 year top. I think that upside are limited and downside risks are bigger in next few months or weeks. I waiting for correction...
    Mar 20 02:51 AM | Likes Like |Link to Comment
  • FOMC Statement: From 'Modest' To 'Moderate' [View article]
    Short-term macro data came better last months including manufacturing and services sectors, labor market as well. According that FED slightly upgraded their view in their language. But we didn't got any significant outlook upgrades yet. I think we still facing with a lot of risks in next few quarters: EU sov. debt crisis is not over ( 2-nd Greece bailout package implementation risks remain, Portugal, Spain, etc... Risks remain ), EU recession risks remain, China slowdown continues, seasonal economy growth slowing 2Q/3Q still ahead, which will hit US economy as well. We will see how US economy will wrestling with those risks in next few months I think. I hope that we didn't get any disaster events like disorderly some EU sov. defaults, EU or China hard landing, that's why my 2012 eco expectations for continuing of US moderate recovery, but I have a lot of fears about recovery slowing next few months.
    Mar 14 02:55 AM | Likes Like |Link to Comment
  • Gazprom Benefiting From Europe's Snow [View article]
    OAO GAZPROM is good long-term investment as it significantly undervalued. This company have biggest natural gas reserves in the world, have stable balance sheet, paying dividends ( yld about 2% ), improve geographical diversification of their transportation systems ( northstream ), will increase their business activity with fast growing asia countries like China, etc...Political unstability before russian presedential elections is over as last week win Mr. Putin which will provide his economic policy with some changes, as russians governement made a decision to make 2-nd privatisation during next couple of years of their biggest corporations. Russia have 500 BIO USD currency reservse, current accounts and trade balance proficits as it underscore contries stable financial conditions. Oil prices (Brent is benchmark for Russia ) rising and according middle-east geopolitical risks ( Iran ) price risks still to the upside. All in all OAO Gazprom is very attractice long-term value game. It's EM, Oil&Gas, Global player, extremally cheap valuation. I think during 5-10 years this stock will return more than 100%. I love that !!!
    Mar 11 06:47 AM | Likes Like |Link to Comment
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