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Qniform

Qniform
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  • Defy Putin By Making A 50% Return On CTC Media [View article]
    It is far too early to discount the political risk in this equity.
    Apr 7 01:27 PM | Likes Like |Link to Comment
  • J.C. Penney: Time To Buy The Spectacular Turnaround [View article]
    Turnaround is a business term DC. From what I see in your comments, you don't invest in businesses - you speculate in stocks, so you might use the term differently. It's cool. To each his own.
    Apr 7 01:26 PM | 1 Like Like |Link to Comment
  • Rayonier Yields 4.31%, But Is It A Buy? [View article]
    While presented as a timber company, Rayonier is primarily a producer of cellulose specialty fibers (around 80% of revenue). It might be better to think of that unit being the one spinning off the physical assets, the REIT itself, despite the smaller business retaining the name. I will certainly continue to hold the REIT, but the fibers business is rather less diversified than I like. We'll see how the value at break-up looks.
    Apr 6 12:57 PM | Likes Like |Link to Comment
  • Darden: Dividend Darling To Drop? [View article]
    ARG1, really the only thing that might support your conclusion is that the stock price is back above the mid-point of its intermediate term trading range. YoY revenue, EPS & are still down, and debt is higher. There has been some stabilization and signs of recovery but DRI vulnerability is still as described in the article. I agree that the DGI crowd (as I said above) sold at the wrong time based on the stock price, not on fundamentals - which had deteriorated months before the price drop on earnings.
    Apr 4 01:01 PM | Likes Like |Link to Comment
  • J.C. Penney: Time To Buy The Spectacular Turnaround [View article]
    memshu, was that study was published yet? I'd love to read it. It sounds like a formal presentation of something I always thought of as my "tap-dance meter."

    I have access to EBSCOHOST and GALE digital libraries if it is an academic resource. I'd just need an author or institution keyword (assuming it's available).
    Apr 3 11:42 AM | Likes Like |Link to Comment
  • GPT Forum [View instapost]
    Jack, this particular circumstance isn't only applicable to REITs either. Any debt or equity issuance is potentially dilutive if it doesn't add to assets or profit generation. Preferred stock is higher in the capital structure than the common, and converting it to common really has no net effect if it converts at a proportionate value below or equal to the total value of the assets owned in the total capital structure.
    Apr 3 11:11 AM | Likes Like |Link to Comment
  • J.C. Penney: Time To Buy The Spectacular Turnaround [View article]
    Right. I guess I will never question any company's statements - after all, they're required by law to disclose material facts. In a way that the most simple-minded will perceive, too. :))

    Incredibly arrogant and incredibly naïve.
    Apr 3 10:49 AM | Likes Like |Link to Comment
  • ConEd: Replacing aging gas pipelines could take decades [View news story]
    "The amortization of historical cost does not come close to the true expense ..." True enough. My point is that when money must be spent for infrastructure, it is built into rates or it will not be spent.
    Apr 2 10:41 PM | Likes Like |Link to Comment
  • ConEd: Replacing aging gas pipelines could take decades [View news story]
    Regulated utilities are allowed a negotiated ROC. Costs are ultimately passed on to consumers, and even if there is some "lag" in when the rates are adjusted, there are catch-up provisions. Rate guarantees (or freezes) are not part of this landscape in the event costs go up. In the utility landscape, it is mostly the private, unregulated activities (e.g. energy commodity supply), which get them into financial difficulties.
    Apr 2 01:49 PM | Likes Like |Link to Comment
  • J.C. Penney: Time To Buy The Spectacular Turnaround [View article]
    I see nothing in this article to justify the characterization of a "spectacular turnaround." Maybe this is a Dante nom de plume? Sounds like a game set and match call when there was no profit or YoY growth...
    Apr 1 07:23 PM | 1 Like Like |Link to Comment
  • J.C. Penney: Time To Buy The Spectacular Turnaround [View article]
    Acquisition at $0 per share. Such confidence!
    Apr 1 07:18 PM | 3 Likes Like |Link to Comment
  • Vale fears it could lose all of Guinea mine investment [View news story]
    Never say never :))

    For instance, there are tons of stock price jumps on poor earnings reports, when the miss isn't as bad as expected.
    Apr 1 12:42 PM | Likes Like |Link to Comment
  • Vale fears it could lose all of Guinea mine investment [View news story]
    I'd be surprised if the likely number isn't fully priced in. A reported loss less than what the market expects or a favorable decision from the government would actually move the stock up. The mining and utility sectors are really the best place for finding value right now. Vale and ED are my picks - I'm long both, and wrote OTM puts in both as well.
    Apr 1 11:27 AM | Likes Like |Link to Comment
  • Defy Putin By Making A 50% Return On CTC Media [View article]
    "We have had regime changes in America through murder...i.e. JFK."

    Ah. This gives some context to your position(s).

    Plonk.
    Mar 31 10:43 AM | 1 Like Like |Link to Comment
  • House Democrats target Gilead for high price of Sovaldi [View news story]
    Clearly the money doesn't buy the high price you (rightly) decry in the U.S. You seem to finally get my point. Some markets subsidize others. Why do you think that is? If the subsidy which produces what profits there are were eliminated, would there be money available for R&D? In a fair world, all markets would share the cost in some rational way. But the policy decisions which have produced the present situation are not rationalized across markets. Anyway, I can be no more clear about how I see the situation, so I sincerely wish you good luck in investment (and healthcare).
    Mar 30 09:09 PM | Likes Like |Link to Comment
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