The_Hammer

The_Hammer
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  • Update For Portfolio Positioning And Management As Of 1/12/2016  [View instapost]
    good work SG
    Jan 12, 2016. 06:30 PM | Likes Like |Link to Comment
  • Wi-Lan: Don't Throw The Baby Out With The Bathwater  [View article]
    currently, does the company have a buyback in place to scoop up shares near cash levels?
    Jan 8, 2016. 10:14 PM | Likes Like |Link to Comment
  • Why Consolidated Tomoka Should, And Likely Will, Be Sold  [View article]
    ever consider investors are selling concerned about peak cycle and do not want to be stuck in this for a while? why do you think hhc is down so much or why gm or f even with record car sales sit near lows?
    Jan 8, 2016. 02:53 PM | Likes Like |Link to Comment
  • Is oil in the $20s an inevitable reality?  [View news story]
    move out of that crooked liberal dysfunctional state. paid 1.61 Sunday.
    Jan 7, 2016. 08:57 PM | 5 Likes Like |Link to Comment
  • Gundlach: "All is not well"  [View news story]
    where has jeff been the last year? most industrial stocks have been pummeled along with commodity related.
    Jan 7, 2016. 05:04 PM | 3 Likes Like |Link to Comment
  • Patent Reform Has Scorched The IP Space, But We See A Green-Shoot Opportunity: Wi-Lan  [View article]
    what happens if they lose the apple case on appeal?
    why doesn't this company take 15 mil and buyback shares (15 mil shares) around cash levels or $1 a share? they could build some real value at these levels.
    Jan 7, 2016. 03:46 PM | Likes Like |Link to Comment
  • Is oil in the $20s an inevitable reality?  [View news story]
    as Saudia Arabia burns thru their sovereign wealth fund they will become more desperate.
    Saudia Arabia cannot physically ever pump 90 mil barrels a day. They are probably going balls out to the point where they may damage the productivity of their reserve wells.
    Jan 7, 2016. 11:27 AM | 2 Likes Like |Link to Comment
  • Is oil in the $20s an inevitable reality?  [View news story]
    The price of WTI was $115/barrel in early 1980 and dropped to $16/barrel by late 1998

    I believe the price reached about $37 a barrel in early 1980 in nominal dollars. Oil demand continues to grow in the face of Chinese slowdown, european slowdown, USA increased fuel efficient vehicles albeit at a slightly slower rate. This is not like mid 1980's. The margin of over supply is MUCH less today. Lets just say oversupply is 3 mil a day even though reports are it is 1.5 mil a day. 3 mil/ 93 mil day demand = like 3%. take 1.5 mil it is 1.5%.

    The Middle east is going to Blowup if oil prices do not reverse in the not to distant future. would not be surprised if we start seeing attacks on energy infrastructure in that region. I am not promoting buying energy stocks but it is time to put your head down and pick a few cos to watch and hopefully one can catch near the low price.
    Jan 7, 2016. 10:58 AM | 2 Likes Like |Link to Comment
  • Is oil in the $20s an inevitable reality?  [View news story]
    Problem is some irrational activity is occurring in energy. Russia and Saudia Arabia pumping all out, US cash incinerating shales pumping until they are bankrupt so it may take more pain before they all let off the accelerator or at least forced to. AA makes a good point in that over supply is not even close to oversupply levels from mid 1980's. Also look at it as a % of demand and 1980's demand was probably in the 65 mil/d range where it is like 93 mil b/d demand today. even if we make it 3 mil over supply it is relatively small %
    Jan 7, 2016. 08:39 AM | 4 Likes Like |Link to Comment
  • Is oil in the $20s an inevitable reality?  [View news story]
    how do you explain the increase in global demand for oil? If to many homes cars stores debt are added beyond demand , what happens? expect serious turmoil in middle east to escalate.
    Jan 7, 2016. 07:33 AM | 7 Likes Like |Link to Comment
  • United States Lime And Mineral: A Compelling Long-Term Buy And Hold Created By Short-Term Headwinds  [View article]
    The Management at USLM is one of the best prudent and shareholder friendly out there. They improved value by sticking to the basics. They have not veered off course trying to get cute overpaying for acquisition steadfastly disciplined. They operated the business efficiently, paid down debt and bought back stock at opportune times like NOW. The EV of the company was about 170mil at the bottom in 2008-2009 while the stock price hit $20 a share. The share price approached near those levels in November but share price was $45 a share. Talk about building value! Many of these closely held cos are run in the same manner over time not like the capital incinerators who lead many businesses across corporate America.
    Jan 6, 2016. 07:06 PM | 1 Like Like |Link to Comment
  • Tracking Mohnish Pabrai's Portfolio - Q3 2015 Update  [View article]
    he probably wish he never heard of zinc at this point. he should have taken a more activist role since the mgt here should of been shown the door long ago.
    Jan 5, 2016. 02:40 PM | 1 Like Like |Link to Comment
  • Why Consolidated Tomoka Should, And Likely Will, Be Sold  [View article]
    I said "pretty" efficient not totally. The hard part is finding the inefficiencies before they are recognized with so much technology and eyes on the markets. This is why i have 40%+ cash position right now since it is hard to find legit value and lack of big volatility
    Jan 5, 2016. 09:39 AM | Likes Like |Link to Comment
  • CVS Poised For Growth In 2016  [View article]
    what about approx 25 bil in net debts? cap ex running annually about 2 bil and dividends 1.6 bil or 3.6 bil
    Jan 5, 2016. 09:14 AM | Likes Like |Link to Comment
  • Why Consolidated Tomoka Should, And Likely Will, Be Sold  [View article]
    It's not irrelevant. Markets are pretty efficient and this idea is no hidden secret either. Just trying to take the other side and figure if something is being overlooked. Asking prices referred as current sales prices. Is there a risk with the deferred tax liabilities to an acquirer?
    Jan 5, 2016. 08:52 AM | Likes Like |Link to Comment
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