Seeking Alpha

Qniform

Qniform
Send Message
View as an RSS Feed
View Qniform's Comments BY TICKER:
Latest  |  Highest rated
  • Mr. Valuation Disagrees With Henry Blodget: 'It's A Market Of Stocks' Is Not A Meaningless Phrase [View article]
    OMG! You just said exactly what I have been saying. And there is no trick. Just data.
    May 5, 2015. 04:57 PM | 1 Like Like |Link to Comment
  • Pacific Drilling - Solid Earnings Result Bodes Well For Energy Investors [View article]
    PACD is highly speculative, and it is not possible to know what it's value "should" be without knowing what will happen over the next 12-18 months to 1) oil prices, and 2) the pace of industry retirement of deep water drilling assets. If you listen to their conference call, these points are loud and clear.

    I am long PACD on a speculation that the macro environment will be better than what is priced in currently and that management is very good at positioning for the best outcome. But it is all speculation, not the metrics cited in this article.
    May 5, 2015. 04:53 PM | Likes Like |Link to Comment
  • Cisco Systems: A Time For Change [View article]
    That would be the appropriate method for the new hillbilly . :))
    May 5, 2015. 01:36 PM | Likes Like |Link to Comment
  • Einhorn Slams Mother Frackers [View article]
    I get you. My point is that, while we never see the economics on a well-by-well basis, there are players making good 12 month IRR after debt pay-off (not service) even in a $60 bbl environment. The 15-20 year low production tail is gravy - usually to be monetized to some EOR outfit.

    Yes indeed, this usually will happen in the sweet spots. But these areas have thousands of stacked drilling plays in inventory. It's always a question of *real* IRR though.
    May 5, 2015. 01:30 PM | Likes Like |Link to Comment
  • Pacific Drilling beats by $0.06, beats on revenue [View news story]
    Yes, I like them as my best spec driller play. I have to admit I'm a sucker for huge shiny machines - these ships are great.

    I bought this position too early though, and have been trading in and out to lower average cost. I sold half my position at $5.40 today, and expect to get it back under $5 in the next couple months.
    May 5, 2015. 01:23 PM | Likes Like |Link to Comment
  • Microsoft And Salesforce: A Potential Marriage Made In Heaven [View article]
    Of all the possibilities mentioned here I'd say it's IBM that needs to do something the most. That's implying nothing about the (lack of) wisdom of anyone buying CRM at anything close to current valuation..
    May 5, 2015. 12:48 PM | 1 Like Like |Link to Comment
  • Microsoft And Salesforce: A Potential Marriage Made In Heaven [View article]
    ROTFL. Bravo.

    CRM is dotcom Deja Vu.
    May 5, 2015. 12:39 PM | 2 Likes Like |Link to Comment
  • Einhorn Slams Mother Frackers [View article]
    UP, the decline curve doesn't really matter - in fact if the IRR works it's much better cash flow if the return is earned in the first 12 months of production. The issue for many players (some big ones) is that the IRR is never sufficient to pay the cost of (borrowed) capital employed unless oil prices are very high.
    May 5, 2015. 12:23 PM | Likes Like |Link to Comment
  • Warning Signs: Cracks In The Foundation [View article]
    A good macro picture. I would point out that there have been several times in the past few years where the picture was substantially similar. The last time was fall 2014. I find that I'm best served by incremental hedging responses rather than more substantial changes in allocations and/or positions. There have been plenty of head fakes in the past 5 years. There is no near term prospect for rising rates, beyond a token FRB action IMO.
    May 5, 2015. 11:49 AM | 3 Likes Like |Link to Comment
  • Expect Hard Times 'Short Term' For Williams Companies [View article]
    Good question ephud. Maybe because the KMP roll-up was so recent the numbers are still a good comp?

    I'd guess that the category title should be Pipe owners, and the companies operating in that space will include MLPs with GPs, LLCs, or C corp ownership. If looked at that way, then ENB, TRP, SE and a bunch of others are in the picture.
    May 5, 2015. 10:56 AM | Likes Like |Link to Comment
  • Pacific Drilling beats by $0.06, beats on revenue [View news story]
    Listening between the lines, it really sounds like they'll have Meltem contracted next quarter - I'd guess with CVX in the GoM.

    Bigger picture - they expect the current competitive market conditions to last 12-18 months assuming continuing retirement of older deepwater assets in the industry.
    May 5, 2015. 10:23 AM | 2 Likes Like |Link to Comment
  • Expect Hard Times 'Short Term' For Williams Companies [View article]
    Thanks Factoids. I read that article, and agree with the conclusion. My question didn't concern share price (influenced by lots of other factors) but how DCF might be impacted as capital costs rise incrementally. Anyway, thanks for the response
    May 5, 2015. 09:37 AM | 1 Like Like |Link to Comment
  • Mr. Valuation Disagrees With Henry Blodget: 'It's A Market Of Stocks' Is Not A Meaningless Phrase [View article]
    Funny coincidence. My son sent me this link, knowing I'd enjoy it. I especially like reason number one to purchase (at the bottom).

    http://bit.ly/1cfWJHz
    May 5, 2015. 12:36 AM | Likes Like |Link to Comment
  • First greenfield fuels refinery built in U.S. in 40 years begins producing diesel [View news story]
    20k barrels a day? Tiny nameplate output. The refinery is intended to refine products for local use only.
    May 4, 2015. 08:33 PM | 1 Like Like |Link to Comment
  • Mr. Valuation Disagrees With Henry Blodget: 'It's A Market Of Stocks' Is Not A Meaningless Phrase [View article]
    http://bit.ly/1F2oGPO
    May 4, 2015. 03:44 PM | 1 Like Like |Link to Comment
COMMENTS STATS
3,193 Comments
2,439 Likes