Im not an accountant, which I consider mostly a black art (I try anyway), - but one thing I do know, and that is that one is not going to explain a Corp.'s tax and earnings situation in three short paragraphs, esp. an Oil Corp.
Best to treat this complex subject thourougly or not at all.
A fine screen and list. In today's market , I would set an upper limit to the debt to equity ratio at 1.4 Max. While the cash flow criteria is definitely important, a low debt to equity ratio combined with a low payout ratio could offset a somewhat lower 10 year cash flow, as long as the suitability, timing, and sector is right for an individual investor. Thanks for your good work and helpful list.
S&P 500 Watch: March 'Winners' Are Actually the Biggest Losers [View article]
A good and interesting twist to data analysis , and we need as many views as we can get, almost all add something to be learned ,and at the very least help keep us current. Your article serves all of these goals well.
As long as there is short covering, and massive Index buying, and futures arbitrage, there is going to be frequent distortions to what seems rational relative to the pricing of dog stocks that are deservedly beaten down, and then are artificially buoyed up by short covering and the Index buy actions.
This keeps us on our toes, trying to judge when the counter trends will yield to the fundamentally indicated direction. Your data and comments helps us sort that out -- Thanks.
U.S. Oil Supply: Drilling Down to the Facts [View article]
The American oil cartel, the State Dept, the CIA, and the US military tried to bend Sadam Hussein to their will basically since the fall of the Shah of Iran.
After the fall of the Shah, who was in their hip pocket, a prime replacement , shall we say, prime "co-operative" , was desperately needed to secure a stable and reliable source of oil from the M.E.
Many times they used the carrot and stick approach on Sadam, and each time the carrot got smaller, and the stick got larger.
His doom was sealed long before the invasion of Iraq, when he summarily expelled the WMD inspectors, and ceased relations with the US. It was then instantly apparent to me that neither he nor his sons would survive, with or without an invasion. However, an invasion proved necessry to accomplish this goal. So , yes , the primary reason was OIL, but there is much, much more to the story.
Demand More for Your Auto Bailout Dollar; Oil Patch Should Bounce Back Long Term [View article]
Generally agree with article, but may differ on some of the details. I don't have the full facts, but I believe that all, or most all, of the foreign auto makers that are cleaning the clocks of the domestic auto makers daily have STRONG AND VIBRANT UNIONS. I am neither anti or pro union, and I have never been in one or would want to be. I believe that the major elements of our auto/energy problems are caused by a greed motivated group of arrogant, short sighted, nepotistic, paternalistic, and totally incompetent group of auto managers, owners , and marketeers, and not primarily the unions. The unions do contribute their share of our auto industry problems, but I suspect that a mostly nondiscerning and short sighted general public with little or no concept of energy fundamentals are an even greater factor. Overall, I believe that no bailout funds are justified and would vote against them if given the opportunity. But if it must be done, we must demand and receive MAJOR improvements similar to that suggested by the article.
Chevron's Whopping Tax Burden [View article]
Best to treat this complex subject thourougly or not at all.
7 Low Debt Dividend Stocks [View article]
In today's market , I would set an upper limit to the debt to equity ratio at 1.4 Max.
While the cash flow criteria is definitely important, a low debt to equity ratio combined with a low payout ratio could offset a somewhat lower 10 year cash flow, as long as the suitability, timing, and sector is right for an individual investor.
Thanks for your good work and helpful list.
S&P 500 Watch: March 'Winners' Are Actually the Biggest Losers [View article]
Your article serves all of these goals well.
As long as there is short covering, and massive Index buying, and futures arbitrage, there is going to be frequent distortions to what seems rational relative to the pricing of dog stocks that are deservedly beaten down, and then are artificially buoyed up by short covering and the Index buy actions.
This keeps us on our toes, trying to judge when the counter trends will yield to the fundamentally indicated direction.
Your data and comments helps us sort that out -- Thanks.
U.S. Oil Supply: Drilling Down to the Facts [View article]
After the fall of the Shah, who was in their hip pocket, a prime replacement , shall we say, prime "co-operative" , was desperately needed to secure a stable and reliable source of oil from the M.E.
Many times they used the carrot and stick approach on Sadam, and each time the carrot got smaller, and the stick got larger.
His doom was sealed long before the invasion of Iraq, when he summarily expelled the WMD inspectors, and ceased relations with the US. It was then instantly apparent to me that neither he nor his sons would survive, with or without an invasion. However, an invasion proved necessry to accomplish this goal. So , yes , the primary reason was OIL, but there is much, much more to the story.
Demand More for Your Auto Bailout Dollar; Oil Patch Should Bounce Back Long Term [View article]
I don't have the full facts, but I believe that all, or most all, of the foreign auto makers that are cleaning the clocks of the domestic auto makers daily have STRONG AND VIBRANT UNIONS. I am neither anti or pro union, and I have never been in one or would want to be. I believe that the major elements of our auto/energy problems are caused by a greed motivated group of arrogant, short sighted, nepotistic, paternalistic, and totally incompetent group of auto managers, owners , and marketeers, and not primarily the unions.
The unions do contribute their share of our auto industry problems, but I suspect that a mostly nondiscerning and short sighted general public with little or no concept of energy fundamentals are an even greater factor. Overall, I believe that no bailout funds are justified and would vote against them if given the opportunity. But if it must be done, we must demand and receive MAJOR improvements similar to that suggested by the article.