Seeking Alpha

pemdas1

pemdas1
Send Message
View as an RSS Feed
View pemdas1's Comments BY TICKER:
Latest  |  Highest rated
  • EOG Resources - Remains Pricey In Relation To Potential Earnings As Growth Remains Capital Intensive [View article]
    Shale oil well production declines 90% in the first year, traditional wells inexorably decline 5% per year, and U.S. oil rigs drilling is down about 50% in the last 8 months.

    A worldwide 1% "glut" of excess oil production should not be seen as a major concern to the long term investor.
    May 6, 2015. 09:02 AM | 1 Like Like |Link to Comment
  • Exxon Mobil beats by $0.35, beats on revenue [View news story]
    Revenue beat of $14,470,000,000? Some analyst needs a sharper pencil.
    Apr 30, 2015. 08:45 AM | 4 Likes Like |Link to Comment
  • Haynes International: High-Performance Alloy Maker Positioned For Growth [View article]
    Metals and miners have been beaten down severely in the past few years. Attributed to the weak recovery and China manufacturing slowdown. Unless one believes a recession is near (I don't), the contrarian bet would be for a rebound.

    I like the quality of the company. Patience needed, I agree. Thanks Tom.
    Apr 20, 2015. 10:18 AM | Likes Like |Link to Comment
  • AT&T Clearance Sale Going On Now [View article]
    Right there. If there are ancient ATT shares in the safe deposit box you have a real mess. I would not want to be executor of that estate.

    They just might have some Pennsylvania Railroad stock too.
    Apr 17, 2015. 05:39 PM | 2 Likes Like |Link to Comment
  • Apple Pay: Why CurrentC Is No Threat [View article]
    Not so. Yes with a Debit card, but not a Credit card.
    Apr 8, 2015. 01:30 PM | 4 Likes Like |Link to Comment
  • Apple: Uniquely Well Positioned For The Future Of TV [View article]
    "Same old Apple hoopla that Apple Pay was supposed to be the end of all other payment providers - NOT."

    Apple Pay is clearly the easiest, fastest, most secure way to pay for something. I am not saying it will be the end of other payment providers, but the future here is huge. The rate limiting step right now is that not enough cash registers have the device to do the transaction.
    Mar 18, 2015. 12:46 PM | 13 Likes Like |Link to Comment
  • Why IBM's P/E Ratio Means Nothing For Investors [View article]
    Not sure I agree, Workhorse.

    Imagine a simple company with 2 shares outstanding that has $90 in the bank and sells for $90 per share. P = 90. Further assume total earnings are $10 per year. That is $5 per share. E = 5. The P/E is 90/5 or 18.

    Using the cash, the company buys 1 share at the market price of $90. P=90, the price just paid. But earnings are now about $10 per share (slightly less because of loss of interest earned on the $90 in cash). The new P/E is about 90/10 or 9.

    So the buyback has altered the P/E. Or am I failing basic math too?
    Mar 18, 2015. 10:35 AM | 2 Likes Like |Link to Comment
  • Why IBM's P/E Ratio Means Nothing For Investors [View article]
    Nice article.
    In the recent investor presentation, http://ibm.co/1KW2J7G
    IBM makes the case that FCF (free cash flow) has been below historical realizations because of pension expense and investments, but will return to the normal trend line in the coming years. See slide 29.
    You either believe them or you don't. Place your bet and check back in a year or two.
    Mar 17, 2015. 09:09 AM | 2 Likes Like |Link to Comment
  • Why IBM's P/E Ratio Means Nothing For Investors [View article]
    I think IBM should use Watson to generate an NCAA tournament bracket. That would be interesting.
    Mar 17, 2015. 08:49 AM | 2 Likes Like |Link to Comment
  • Walmart Launches “Women Owned” Logo In-store & Online [View article]
    What a sham. "Women owned" has become the new "Green". I know at least two men who have put their business in there wife's name so they can qualify for grants, preferential treatment in bids, etc. as a "women owned" company.
    Mar 11, 2015. 09:52 AM | Likes Like |Link to Comment
  • AT&T to take $130M charge; updates operating metrics [View news story]
    I generally vote "No" on executive compensation in the proxy. Maybe some day the big institutional and mutual fund holders will do the same.
    Mar 11, 2015. 09:47 AM | 2 Likes Like |Link to Comment
  • Imperial Oil Investors Need A Long-Term View [View article]
    Good summary of a good company. Buy it and forget it, check back in 10 years.
    Mar 4, 2015. 07:07 PM | 1 Like Like |Link to Comment
  • Exxon needs $85 oil to cover capex and dividend, Oppenheimer says [View news story]
    I see Deutsche Bank point on significant roll off in project spending. the huge Gorgon project ($50 billion cap ex) is 90% complete, shipments scheduled to start later this year.
    Mar 3, 2015. 10:58 AM | Likes Like |Link to Comment
  • Bunge's Crushing Operations In China Will Remain Under Pressure [View article]
    Why does it matter if the beans Bunge crushes in China are sourced from U.S. or Brazil? Or is Brazil sending product that is already processed? Thanks for a response.
    Mar 3, 2015. 10:52 AM | Likes Like |Link to Comment
  • Lumber Liquidators - The Carnage Will Be Brutal [View instapost]
    Feeding frenzy for class action lawyers is on!
    Mar 2, 2015. 09:52 AM | 1 Like Like |Link to Comment
COMMENTS STATS
212 Comments
481 Likes