Did the post-earnings slide in shares of Big Lots (BIG) provide investors with a buying opportunity? Barron's thinks so, noting that applying a fairly modest 12x multiple to next years EPS estimates suggests a near 22% upside. By contrast, SA contributor Money Investor says BIG "struggles to offer a value proposition, or find a niche that allows it to stand out from the competition." [View news story]
It seems relevant, because Barron's articles seem to affect the Monday open. There's plenty of other material on SA worth reading over the weekend though. In this article they were not trumpeting the Barron's article. It's just used as a counterpoint to the latest earnings news and market action.
Cliffs Natural Resources Inc. Announces an Extension of its Iron Ore Pellet Sales Contract with Essar Steel Algoma Inc. to 2024 [View article]
Not very transparent on the pricing mechanism. Makes it difficult to determine if this is good or bad in the current environment. Still, given that it's 2 years prior to expiration of the previous contract, it must be some market-price based formula, rather than fixed price.
Commodities Today: Troubling Times Ahead? Data Is Trending That Way [View article]
There was another article on SA yesterday about the parity (btu/$ I think) between coal and natural gas. According to that chart, the price of gas has been rising and recently reached parity with coal from certain areas.
Impacts From The Proposed Chinese Coal Import Ban [View article]
Nah. Baloney. Two of the data sources I cited are NASA and NOAA. It is not opinion, it is data along with an explanation of it.
My biggest issue with your initial post was that it didn't seem to tie into the topic of this article (China's import ban on certain types and grades of coal). You didn't make any effort to tie the two together, so your post just looks like an attempt to inject a new argument about climate change.
The secondary concern I had was your statement that "The Earth stopped warming 16 years ago and there is no dispute about this." Also not very germane to the topic at hand. Clearly, there are at least 3 respected sources which dispute your assertion. Now that I've provided that data, you take your toys and walk away from the argument that you started.
American Capital: A Unique BDC With No Dividend And A Large Buyback Program [View article]
I think this might relate to the corporate structure. Some forms (like mutual funds) are required to pay out something like 90% of earnings annually. ACAS changed it's structure so that it can use the NOLs. The new structure does not require the distribution of earnings to shareholders annually.
American Capital: A Unique BDC With No Dividend And A Large Buyback Program [View article]
Thanks for a good article. I've been wondering what's driven the stock down in the past few days, since I have not seen any significant news. Perhaps it's the general decline in high-yield stocks (even though ACAS isn't one) in anticipation of higher interest rates and thus lower share and bond prices. I'm buying more at these prices.
You also neglected to read Judith Curry's blog where she disputes how the Daily Mail (the article you referred to) characterized her stance and misquoted her.
Impacts From The Proposed Chinese Coal Import Ban [View article]
Perhaps you missed the last paragraph in that article: "So let’s be clear. Yes: global warming is real, and some of it at least has been caused by the CO2 emitted by fossil fuels."
The only question is how fast and that's what the article is about.
Impacts From The Proposed Chinese Coal Import Ban [View article]
That's an idiotic assertion (warming stopped 16 years ago) and this is not the place for your personal crusade on global warming, one side or the other.
Impacts From The Proposed Chinese Coal Import Ban [View article]
I'm constantly amazed at the wealth of information that people post on here. Thanks for an interesting article. Not really anything tradeable (as you point out), but that's fine. Good info to be aware of.
Then I don't understand your comment "... is not positioned well for a potential rise in interest rates." Are you saying that ACAS income will not rise with interest rates? It seemed like the point of much of this article is the risk to profits of an interest rate increase because companies typically borrow short term and lend longer term. Thanks
I must be missing something on your ACAS table. It looks like ACAS continues to make money almost no matter what. Increases in interest rates result in more income and a reduction in rates is a small reduction in income. Is that correct?
Cirrus Logic: Is This Apple Supplier Worth Buying Here? [View article]
I think the recent presentation (earnings or conference) indicated they had spent $60M of the $200M allocated. Near the current pricing, that would be about 7M shares to be repurchased.
Cirrus Logic: Is This Apple Supplier Worth Buying Here? [View article]
I've mentioned this in comments on a couple of other CRUS articles and nobody seems to have any information (or maybe just interest) in the effect of IP on margins and lock-in. If you do a Google Patent Search you can find about 3 pages of active patents and 3 more pages of patents in process. About a third are related to LEDs, a third audio, and a third other stuff. No idea which relate to Apple and thus support the higher margins. You also should not discount the ongoing relationship between Apple and Cirrus organizations. If you really want to excel, you cannot just pick the lowest bidder.
Did the post-earnings slide in shares of Big Lots (BIG) provide investors with a buying opportunity? Barron's thinks so, noting that applying a fairly modest 12x multiple to next years EPS estimates suggests a near 22% upside. By contrast, SA contributor Money Investor says BIG "struggles to offer a value proposition, or find a niche that allows it to stand out from the competition." [View news story]
Cliffs Natural Resources Inc. Announces an Extension of its Iron Ore Pellet Sales Contract with Essar Steel Algoma Inc. to 2024 [View article]
Commodities Today: Troubling Times Ahead? Data Is Trending That Way [View article]
Impacts From The Proposed Chinese Coal Import Ban [View article]
My biggest issue with your initial post was that it didn't seem to tie into the topic of this article (China's import ban on certain types and grades of coal). You didn't make any effort to tie the two together, so your post just looks like an attempt to inject a new argument about climate change.
The secondary concern I had was your statement that "The Earth stopped warming 16 years ago and there is no dispute about this." Also not very germane to the topic at hand. Clearly, there are at least 3 respected sources which dispute your assertion. Now that I've provided that data, you take your toys and walk away from the argument that you started.
American Capital: A Unique BDC With No Dividend And A Large Buyback Program [View article]
American Capital: A Unique BDC With No Dividend And A Large Buyback Program [View article]
Impacts From The Proposed Chinese Coal Import Ban [View article]
http://bit.ly/19LxtD3
here:
http://1.usa.gov/11H5rkz
here:
http://bit.ly/19LxtD5
and here:
http://1.usa.gov/11H5pJw
You also neglected to read Judith Curry's blog where she disputes how the Daily Mail (the article you referred to) characterized her stance and misquoted her.
Impacts From The Proposed Chinese Coal Import Ban [View article]
The only question is how fast and that's what the article is about.
Impacts From The Proposed Chinese Coal Import Ban [View article]
Impacts From The Proposed Chinese Coal Import Ban [View article]
BDC Risk Profiles: Part 6 - Interest Rate Sensitivity [View article]
Thanks
BDC Risk Profiles: Part 6 - Interest Rate Sensitivity [View article]
BDC Risk Profiles: Part 6 - Interest Rate Sensitivity [View article]
Cirrus Logic: Is This Apple Supplier Worth Buying Here? [View article]
Cirrus Logic: Is This Apple Supplier Worth Buying Here? [View article]