Interesting mention of Petrobras. Today is the day to buy PBR, as $66 is the day we have been waiting for... we PBR longs have see again and again, we now need to get ready again for a big one... we have april, may and june record prices for all PBR products, yet PBR always outprices the competition, and oil companies turn to PBR for everything they need... PBR now preparing to go into its usual amazing earnings season/report, like everytime it has its regular quarterly stock price rally higher... only positive news, no negative news all quarter for PBR...oil and thus ethanol prices are much higher for all of the quarter, demand greater than last quarter. PBR creates its energy/fuel/oil and its refined products cheaper, better, and all customers and investors in South America, asia, europe and the US are aware of its inexpensive and essential production... it is a household name in Brazil, and all over the world now, still growing profit exponentially, hence why IBD rates it one of the top 20 companies in the world to invest in. See its latest rank in investor's business daily, I believe it is still so ranked or near... there is no bad news. PBR has its own railroads, ships, proven methods, well trained employees, low wages, big demand from asia... my favorate strong buy/long term own, great for your future type companies... it stock price should be 45% higher by year end, easily... inflation new cost of oil all quarter, and strong ethanol and refined oil product demand should make sure of that... hence why Cramer also loves PBR... have patience... It will soon be at the analyst predicted $90 soon, perhaps by late July...
Warning... this above writer of the PBR article, Alan Von whatever/whoever... Mr nobody, makes estimates off the top of his head about the predicted demise of PBR; he sounds a lot like an astrologer ... Truth: PBR in just days will have unbelievably high earnings reports very shortly this quarter.... at APRIL/MAY record crude price levels, expect some numbers that are unheard of in profit and revenue... nothing before has been seen like this next expected quarter, while PBR's brazilian labor and other costs stay the same... Al Von whatever compares EXXON ... a big company perhaps true, but not neartly as profitibale or positioned as PBR, with PBR's growing profit quarter after quarter. BUY into PBR's earnings period now while there is a rare break in the PBR price per share... won't last long... this is a rare entry point... I am considering buying 30,000 shares... this is serious money here at stake for you to be spooked for no reason... certainly don't sell PBR at $71, that would be insane... the high was near $80 last week, it will be again at $80 in just days, going into the PBR earnings announce period... You will never see $71 again for PBR ... Yours truly... The Stockaccumulator...
May 28, 2008, 4:48PM Businessweek, showing PBR is working as a net exporter of "refined" product and technology to find all possible needed US and south american oil, now and in the future. Huge easy to access market for PBR, and the US and its government loves PBR. They have opened the doors for PBR... This is the continued plan of PBR, which is singlehandedly making Venezuela irrelevant, partnering with and selling refined product to the US... its raw product this year could not even keep up with all its refined at the market demand, a good thing actually, as it is selling everthing (all products)it is producing even at very high prices (but shortly will again have enough raw crude in the next quarter). With its crude supply not enough for the first time ever, with so much demand for its end refined product, they instead are simply having fun becoming a multinational, incredibly profitable oil giant, what even Exxon wishes it could be. Yet the Exxons of the world are members of the "PBR happy to be partners club" they share engineers, and staff and oil lease positions... more about this amazingly profitable company PBR is explained below... PBR is becoming a savior to the US, as well as a trusted partner... Venezuela hates PBR and is surrounded by PBR oil RIGS... read on for more interesting tid bits published 3 days ago in Business week... and beware of the odd internet article like the above one Alan Von whoever, giving you only half truths... Read the truth below...from american published (very well known unbiased) investigative reporter at BWEEK:
"The Brazilian energy giant is now the second-largest company in the Americas. Deep-water drilling and sugarcane-based fuel have helped put it there
by Christopher Palmeri:
linkedin connections Step aside, Bill Gates and Jeffrey Immelt, make way for…Petrobras? With oil trading for more than $129 a barrel, Brazilian energy giant Petrobras (PBR) has passed Microsoft (MSFT) and General Electric (GE) in recent weeks to become the second-largest company in the Americas by stock market value. The Rio de Janeiro company's $310 billion market capitalization places it behind only ExxonMobil (XOM), at $488 billion.
Petrobras is riding high on a string of big oil discoveries in the deep water off Brazil's coast, leading to a 50% increase in the company's stock price in the past seven months. But at a May 15 speaking appearance at Los Angeles Town Hall, Alberto Guimaraes, president of the company's Americas unit, argued that Petrobras' success is no fluke. Rather, the company's leading positions in deep-water drilling and the distribution of automotive fuel made from sugarcane are the result of decades of research and investment, he said, and reflect a corporate culture that emphasizes long-term planning.
"This is a sustainable company," Guimaraes said. "That doesn't just mean we take care of turtles in the ocean. If you're running a New York teachers' pension fund and you're looking for a company you can invest in for 30 years, this is what you should be looking for."
Increased Output Guimaraes painted a grim long-term picture for the world's energy supply. By 2030, global energy consumption is expected to rise 50%. Yet large discoveries of new oil reserves are increasingly rare, totaling just over 50 billion barrels in the first half of this decade. That's down from more than 450 billion barrels in a similar span during the 1970s.
Despite hefty increases in investment, the largest energy companies haven't been able to increase their output. Oil and natural gas production at the world's nine largest international energy companies was down 1.7% last year, to 23.5 million barrels per day. Petrobras was an exception. Its output rose, to 2.3 million barrels per day.
Guimaraes promised there would be more to come. He said the company's output target is 3.5 million barrels per day by 2012, an average annual increase of more than 7%. To get there, Petrobras will be spending $112 billion over the next four years, including massive investments in deep-water oil field development. "These are numbers the company can commit to," Guimaraes said. "They are not speculation."
Bringing Technology to the U.S. Petrobras is drilling heavily in the U.S. Gulf of Mexico, where deep-water wells can cost $120 million each. The company hopes to transfer some of the technology it developed in Brazil, including floating production vessels that can fill up oil tankers in mid-ocean without extensive pipelines to shore. "Brazil is a big laboratory and the solutions we have found we're bringing to the U.S.," Guimaraes said.
Those solutions include sugarcane-based ethanol. This fuel, which Brazil first began developing in the 1970s, is now a 5 billion-barrel-a-year business worldwide. Petrobras, with its network of gas stations in Brazil, is the leading distributor. Nearly half of Brazil's energy supplies now come from sugarcane, hydroelectric power, and other alternative sources. The majority of cars in the country can run on gasoline, ethanol, or a combination of both. "These are not Brazilian carmakers," Guimaraes noted. "This is Ford (F), General Motors (GM), and Toyota (TM)."
Undeterred by the criticism, Petrobras is experimenting with all kinds of other fuel sources that are not food-related, including biodiesel made from castor and palm oil. Brazil would like to export more of its sugarcane-based ethanol to the U.S., which mainly uses the corn-based kind produced by domestic farmers who are protected by tariffs placed on foreign ethanol. Guimaraes was quick to point out that no single source will solve the world's energy problems, however.
"Biofuel is not the solution," he said. "It is one of the solutions."
Palmeri is a senior correspondent in BusinessWeek's Los Angeles bureau .
PBR sells its refined product to the US thru various oil companies (competitors). Raw products to make the refined though becoming rarer, are a problem for every oil company and oil producing nation, not just PBR... as a sort of peak oil is occuring, PBR will obviously have a jump and will be there keeping oil cheaper in the US than it would be otherwise. The US hence will continue to buy US product from PBR no matter where the Crude product comes from. PBR wells are all over Latin America, not just Brail... If Oil reaches $200 per barrel, PBR will have a (split adjusted)share price of $1,400 per share, no doubt... and it won't be long. Each quarter they have blow out record net profit quarter after quarter every year... BPR is the Microsoft of the oil world in many respects, with so many partnering deals with US distributors of its refined products, and so many lease deals in the Americas everywhere. Certainly the stock will not stay at today's $71... It was only last year that everyone warned that $15 per share for PBR was a really high price, outrageous... just look at the funny articles last year and 2006 warning about PBR... just like Alan Von whatever's spooky nonsense article above... yours truly... The Stockaccumulator
We are seeing posts from Alan the author himself ... me think he protests too much... folks everywhere, don't be a fool... someone involved with Alan wants this stock to drop in price.... reason?
M O N E Y... what else...
Stay with PBR and buy more, for your future... Warmest regards ... your true friend... \ The STOCKACCUMULATOR
The author of the article is a guy named Alan Von Altendorf... (lets call him "AL")... Al is so called managing director of the tiny virtually unknown consultant "firm" CWSX... he had clients in Venezuela (which hates PBR, a big corporate ally of the US and its oil companies)... AL posts big though, through this web site, for such a small unheard of guy and firm... he is in the business, make no mistake ... who knows what is true these days about anything or anybody... but who is this Al?... the engineers at PBR, a big, big firm with great well regarded proven geologists and scientists, and their many partners and scientists and engineers, never had a chance to respond to Al's "study" or article or whatever... why is unknown Al publishing this article... is it drama... good will? ... get more clients... make money? Make his company and himself famous... he is a kind person? ... he hates PBR? ... are his clients shorting PBR in some big fund offshore? ...are they paying him?...should Al be investigated... his article is being emailed to people all over the world? why not investigate Al? ... your guess about Al ... it is only your guess why he feels the need to publish this report in the first place... When earnings come in next quarter for PBR with April and May's first ever record crude price levels, look out... the numbers will be huge... are you going to listen to the Al's of the world, and be spooked for nothing... and loose out again?... I rest my case... the Stock Accumulator...
PBR has numerous partnering deals, even in the US Gulf of Mexico, with many large US oil companies. There is way too much visability in PBR. Who knows who CWSX (who authored the above misguided article) works for, what mysterous "fund clients" they have, who they are, whether their clients are shorting hundreds of millions of dollars, and using these "press release" type "geology based" accusational articles to bend the truth their way... who knows what their motive really is... why even release such a "report" and summary of report in the first place? Sensationalism? Shock? ... is it for drama... So they can get more "clients" .... What is their motive, what is it all really about... Is it good will? Sorry no such thing in the stock profit world... Wake up, learn... there are billions of dollars desperatly shorting PBR month after month for years now, unsuccessfully... and people are borrowing hundreds of millions to do just that... time is short... Even "consultants" can be corrupted, as long as it is backed up by "science", and a few slanted points about how hard it is to get to some oil... have the authors of this study been on the properties of PBR and really discussed the matter with their engineers, to see what is really going on there? Where are CWSX getting their "truth" from ? ... Consider also that Venezuela is a great competitor of the US ally, PBR... they hate PBR, and they really hate that PBR is tying up all the deepest, and very capable rigs to drill and test further off the Brazilian and US Gulf coast, with many of their US partners. I think CWSX should be investigated by the authorities... including the SEC... there is something really strange with these people... but next month when PBR is at $80 per share, their article we assume will be history... or so they think... perhaps the FBI shuld pay them a visit... their articles look real and convincing... the US ally in the energy crisis is PBR... never forget that truth... the US and its very wealthy PBR US partners will help with risk sharing and technology... believe me they will get to that oil, and refine it and sell, it despite the negative tone of the above article... further, PBR is not some Brazilian socialist organization as suggested in the above article... PBR is a profit driven, highly profitable huge organization, with great visibility... PBR is sold on stock exchanges worldwide... I plan to buy more PBR into the coming amazing PBR earnings announcement expected... warmest regards... The Stockaccumulator....
CWSX is very much a profit driven little organization of a few mystery guys who make big "press releases". Research them. Google them... they have clients and perhaps help PBR's Venezuelan competitors in the industry, who knows. Perhaps an ax to grind... a share price reduction for their mystery offshore "fund clients" to take advantage of a PBR short position, or a profit to work toward that involves working against PBR... PBR is involved in drilling near the US... it has US allies, partners and also significant competitors in the middle east and Venezuela, and funds that always try to short PBR, such funds located offshore in strange places. One can only imagine any number of situations with CSWX clients, and reasons for writing this above article and the other "report" it based on. People do all things for profit in business not charity, rest assured. PBR is a great ally of the US and the US needs to not rely on Venezuela and middle east oil... does that get you wondering who wrote this article or its report... While PBR succeeds, and it will because the US buys lots of their oil, Venezuela and Iran fail. One should not trust this above article at all... I lost out on a lot of money because of PBR slandering type of articles like this all last year. They come again and again each time the PBR share price elevates... challenging us to short PBR... never again... Read my posts above for an explaination ... The Stockaccumulator...
Read my post above "The Stock Accumulator"... I know PBR and many oil/energy companies well ... I study them very, very carefully. There is much more to the PBR story: history, current past and future earnings, revenue, low labor cost in Brazil, experienced permanence of labor and management, lease positioning and development partnering, spreading of risk, asset value, etc., than what was so briefly summed up in the above short, easy, fairy tale summary of an article... in a year's time this above "anonymous" internet article will be looked at with humor, when PBR is at $140 to $170 per share. These internet articles come along from time to time. They always assure that they have no financial interest, etc.... while slandering some great organization. People believe these internet anonymous "articles" to their loss. This silly article will not affect the PBR share price. Fund managers in europe, for example, will not read it. They will buy PBR. They know better. There is no company on the planet growing and profiting like PBR, though there are some large energy companies. Read other information about PBR before you make a mistake based on this article. I today have decided to stay very long on PBR, and will tomorrow likely buy 20,000 more PBR shares at this amazing discounted price. It is a very easy decision for me to make, as the article caused me to research PBR carefully for the tenth time, and research every accusation in this article during the last 8 hours. I have proven that the slanted argument in this article is not only wrong, but incredibly irrelevant... too much to explain here... and better for you to research yourself to be assured you are making the right decision to go long and buy more tommorrow. Expect an unbelievable next quarter net profit announcement from PBR based on very high April and May crude prices. We have never seen such a number from such a large profitable oil company yet at these kinds of crude prices... it will be a first at this price level... be prepared for a shockingly high amount of earnings, with stable low labor cost and material relative costs. So I intend to buy more PBR tommorrow at the open to have many more shares going into the next quarter announcement...
I am considering buying another 20,000 shares of PBR tommorrow after reading this article, it made such a bullish impression on me... This is a foolish article. Today's price is a bargain that won't last. I have been following PBS for some time. Its share price usually pulls back about 17% on the average, then up directly by about 40% in day to day movements. It gains tremendous momentum via funds throughout the world, including the US. PBR will easily be at $140 by next year this time... Oil will be very expensive next year. Read the many other recent articles on PBR, too much to explain here... PBR will be at the current analyst (many, many analysts) predicted $90 price by August. I have gone back to last year, and when PBS was selling at $23 per share, there were a number of articles similar in tone and point to this above article. The cited reasoning was almost identical. The intent was perhaps to confuse shareholders, all the while shorting by the authors and their clients. The title credentials of the writers then also seemed impressive. They had suggested PBR should be selling at $5.00... I read them and believed their nonsense, to my loss and peril. I lost out on a lot of money because of articles like this one. Never again.
Reasons to Love 3-Digit Oil [View article]
Yours Truly, your friend, the Stockaccumulator...
Petrobras: Extremely Overvalued [View article]
Petrobras: Extremely Overvalued [View article]
"The Brazilian energy giant is now the second-largest company in the Americas. Deep-water drilling and sugarcane-based fuel have helped put it there
by Christopher Palmeri:
linkedin connections Step aside, Bill Gates and Jeffrey Immelt, make way for…Petrobras? With oil trading for more than $129 a barrel, Brazilian energy giant Petrobras (PBR) has passed Microsoft (MSFT) and General Electric (GE) in recent weeks to become the second-largest company in the Americas by stock market value. The Rio de Janeiro company's $310 billion market capitalization places it behind only ExxonMobil (XOM), at $488 billion.
Petrobras is riding high on a string of big oil discoveries in the deep water off Brazil's coast, leading to a 50% increase in the company's stock price in the past seven months. But at a May 15 speaking appearance at Los Angeles Town Hall, Alberto Guimaraes, president of the company's Americas unit, argued that Petrobras' success is no fluke. Rather, the company's leading positions in deep-water drilling and the distribution of automotive fuel made from sugarcane are the result of decades of research and investment, he said, and reflect a corporate culture that emphasizes long-term planning.
"This is a sustainable company," Guimaraes said. "That doesn't just mean we take care of turtles in the ocean. If you're running a New York teachers' pension fund and you're looking for a company you can invest in for 30 years, this is what you should be looking for."
Increased Output
Guimaraes painted a grim long-term picture for the world's energy supply. By 2030, global energy consumption is expected to rise 50%. Yet large discoveries of new oil reserves are increasingly rare, totaling just over 50 billion barrels in the first half of this decade. That's down from more than 450 billion barrels in a similar span during the 1970s.
Despite hefty increases in investment, the largest energy companies haven't been able to increase their output. Oil and natural gas production at the world's nine largest international energy companies was down 1.7% last year, to 23.5 million barrels per day. Petrobras was an exception. Its output rose, to 2.3 million barrels per day.
Guimaraes promised there would be more to come. He said the company's output target is 3.5 million barrels per day by 2012, an average annual increase of more than 7%. To get there, Petrobras will be spending $112 billion over the next four years, including massive investments in deep-water oil field development. "These are numbers the company can commit to," Guimaraes said. "They are not speculation."
Bringing Technology to the U.S.
Petrobras is drilling heavily in the U.S. Gulf of Mexico, where deep-water wells can cost $120 million each. The company hopes to transfer some of the technology it developed in Brazil, including floating production vessels that can fill up oil tankers in mid-ocean without extensive pipelines to shore. "Brazil is a big laboratory and the solutions we have found we're bringing to the U.S.," Guimaraes said.
Those solutions include sugarcane-based ethanol. This fuel, which Brazil first began developing in the 1970s, is now a 5 billion-barrel-a-year business worldwide. Petrobras, with its network of gas stations in Brazil, is the leading distributor. Nearly half of Brazil's energy supplies now come from sugarcane, hydroelectric power, and other alternative sources. The majority of cars in the country can run on gasoline, ethanol, or a combination of both. "These are not Brazilian carmakers," Guimaraes noted. "This is Ford (F), General Motors (GM), and Toyota (TM)."
Undeterred by the criticism, Petrobras is experimenting with all kinds of other fuel sources that are not food-related, including biodiesel made from castor and palm oil. Brazil would like to export more of its sugarcane-based ethanol to the U.S., which mainly uses the corn-based kind produced by domestic farmers who are protected by tariffs placed on foreign ethanol. Guimaraes was quick to point out that no single source will solve the world's energy problems, however.
"Biofuel is not the solution," he said. "It is one of the solutions."
Palmeri is a senior correspondent in BusinessWeek's Los Angeles bureau .
PBR sells its refined product to the US thru various oil companies (competitors). Raw products to make the refined though becoming rarer, are a problem for every oil company and oil producing nation, not just PBR... as a sort of peak oil is occuring, PBR will obviously have a jump and will be there keeping oil cheaper in the US than it would be otherwise. The US hence will continue to buy US product from PBR no matter where the Crude product comes from. PBR wells are all over Latin America, not just Brail... If Oil reaches $200 per barrel, PBR will have a (split adjusted)share price of $1,400 per share, no doubt... and it won't be long. Each quarter they have blow out record net profit quarter after quarter every year... BPR is the Microsoft of the oil world in many respects, with so many partnering deals with US distributors of its refined products, and so many lease deals in the Americas everywhere. Certainly the stock will not stay at today's $71... It was only last year that everyone warned that $15 per share for PBR was a really high price, outrageous... just look at the funny articles last year and 2006 warning about PBR... just like Alan Von whatever's spooky nonsense article above... yours truly... The Stockaccumulator
Petrobras: Extremely Overvalued [View article]
M O N E Y... what else...
Stay with PBR and buy more, for your future... Warmest regards ... your true friend...
\
The STOCKACCUMULATOR
Petrobras: Extremely Overvalued [View article]
Petrobras: Extremely Overvalued [View article]
Petrobras: Extremely Overvalued [View article]
Petrobras: Extremely Overvalued [View article]
Petrobras: Extremely Overvalued [View article]