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frosty

frosty
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  • General Electric: Fair Value Of $38+ And Dividend Yield Approaching 4% Make An Investment In GE A No-Brainer [View article]
    I will gladly sell my shares for the 'fair value' of $38.37 right now. Or is the author talking about some other kind of 'fair value'? Most other fair value articles compare today's 'intrinsic value' to today's 'market value'. This author's 'fair value' seems to be about a long term value which might be years or decades away.
    Mar 30, 2015. 08:16 AM | Likes Like |Link to Comment
  • Freeport-McMoRan: The Market Is Clearly Mistaken About This One... A Textbook Case [View article]
    Companies cut dividends for a very good reason. It's to preserve cash which is to say, protect other assets. FCX's balance sheet isn't pretty and it's the prettiest they can make it. If the commodities markets get any more depressed, look to more asset sales at fire sale prices and the elimination of the dividend, i.e., it becomes a smaller less prosperous company. Perhaps even a takeover candidate at a not-generous price. On the other hand, if commodities turn around, FCX is leveraged to benefit. That said, if I were to wager, I would say the most likely scenario is the current stagnation for some time, before the recovery takes hold. As a long time shareholder, I am very disappointed with the current situation and hopeful of a recovery, but I'm not putting any more into FCX.

    P.S. The market isn't wrong about FCX stock. It's what buyers are willing to pay and owners are willing sell for. Most investors are buying into the future, not the past, and although the past may hold information helpful to determine the future, it's not always a reliable predictor. In this case, buyers are not that excited about FCX's prospects as the price has held in a very low band for some months now.
    Mar 28, 2015. 09:35 AM | 8 Likes Like |Link to Comment
  • Freeport-McMoRan: The Market Is Clearly Mistaken About This One... A Textbook Case [View article]
    Really? Have you looked at XCO which Pickens started buying at $15-$20?
    Mar 28, 2015. 09:18 AM | 4 Likes Like |Link to Comment
  • Report: Exxon CEO to visit Moscow this week amid talk of more sanctions [View news story]
    Exxon THINKS it owns the land. Ukraine THOUGHT it owned Crimea. But Putin owns it all and whatever else he thinks he can take.

    Tillerson is a traitor in the making - a Tex/Russ oligarch. I hope Putin likes him because some oligarchs go to prison, some get exiled, and some die of radiation poisoning.
    Mar 16, 2015. 07:06 PM | 10 Likes Like |Link to Comment
  • Kinder Morgan: Trees Don't Grow To The Sky [View article]
    I share your concern about the Euro bond deal. 7 years ago the Euro was $1.60. Today it has depreciated to nearly $1.00. While the current interest rate is low, the potential Euro appreciation rate may end up making this an extremely expensive loan 7 to 12 years from now. Unless, of course, the funds are invested in Europe, in which case the value will rise or fall according to quality of the investment.

    Or perhaps KMI has hedged the bonds somehow???
    Mar 12, 2015. 09:12 AM | 1 Like Like |Link to Comment
  • Kinder Morgan sells first euro bonds [View news story]
    7 and 12 years from now, the Euro likely will be higher representing an add-on to the current interest rate. If indeed the Euro continues to decline, it may represent an opportunity to call the bonds.
    Mar 10, 2015. 08:04 AM | 1 Like Like |Link to Comment
  • The Blackstone Group LP: A Stock With Your Best Interests In Mind [View article]
    I find your comparisons curious. Blackstone is a private equity firm with many facets, only one being asset management. And so its peers are KKR, Bain, Carlyle, Apollo, Goldman Sachs, TPG, . . . You should try again.
    Mar 9, 2015. 06:21 PM | 2 Likes Like |Link to Comment
  • General Electric's Next Big Growth Opportunity Presents Itself [View article]
    Scoots: if you KNOW what major trends are occurring around us, please tell GE management. And is the recent oil shakeup an actual TREND or just a periodic rough spell to shake out unsound industry players?
    Feb 11, 2015. 08:56 AM | 2 Likes Like |Link to Comment
  • Report: eBay's layoffs hit PayPal's in-store efforts [View news story]
    PayPal is an anachronism tied to the dot-com EBay era. Other credit/payment systems have moved far beyond and are far more universally accepted and used.
    Feb 3, 2015. 07:12 PM | Likes Like |Link to Comment
  • Is Apple Becoming The Next IBM? [View article]
    Percentage analyses can be misleading. Apple is the fourth larges U.S. company by revenue (the 3 bigger revenue companies are WMT, XOM & CVX.) It's revenue dwarfs other tech companies. More revealing would be an analysis of R&D dollars.
    Jan 13, 2015. 09:04 AM | Likes Like |Link to Comment
  • Chevron: I Revise My $150 Price Target Due To Lower Oil Prices [View article]
    From $110 to $85, and you believe that CVX "is still a great long-term investment from a dividend perspective"? If a bank paid 3.93% interest, would you deposit $110 if they were likely to take away $25 from you? I doubt $85 as a sustained long term price. CVX will rebound as will all of the oil industry.
    Dec 19, 2014. 08:22 AM | 2 Likes Like |Link to Comment
  • Amazon activates Prime Now bike fleet in Manhattan [View news story]
    I hear this is a test of Amazon's drone bikes.
    Dec 18, 2014. 08:56 AM | 3 Likes Like |Link to Comment
  • Oil, Contagion And Equities: U.S. Equities Are The Next Shoe To Drop [View article]
    I don't see the correlation. If there were a correlation, we would see something akin to reasonably straight line with fluctuations of course. I see periods of bull markets when stocks went up relative to oil (1997-2000 the biggest bull market ever), stocks went down relative to oil (2004-2008 but still a great bull market), and stocks and oil maintained relative parity (2009-midyear 2014, another great bull market). Or am I reading the chart incorrectly?
    Dec 15, 2014. 08:20 AM | Likes Like |Link to Comment
  • Saudi Arabia: Do The Math [View article]
    '(last I knew, the US was up to its eyeballs it debt)' - 2/3 of American debt is domestic, not foreign.
    Dec 14, 2014. 09:43 AM | Likes Like |Link to Comment
  • Saudi Arabia: Do The Math [View article]
    I read elsewhere the Saudi cost per barrel is under $10. It has a long way to go before they actually take a loss.
    Dec 14, 2014. 09:40 AM | 1 Like Like |Link to Comment
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