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lumpofcoal

lumpofcoal
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  • Time To Be Bullish On Walter Energy [View article]
    That's funny....and so true.
    May 8, 2013. 08:55 PM | Likes Like |Link to Comment
  • Time To Be Bullish On Walter Energy [View article]
    Thanks VLADIMIR, always enjoy reading your well researched articles....and i agree, it is a buy right here. Looking for the $40 level to come back as quickly as it went away!
    May 6, 2013. 08:30 PM | Likes Like |Link to Comment
  • Walter Energy: To Buy Or Not To Buy? [View article]
    If those numbers are for real, that would bring us to a net positive balance of about $1.75billion.
    Let's hope this all works out for the good of the shareholders.
    Mar 28, 2013. 01:17 PM | Likes Like |Link to Comment
  • Walter Energy: To Buy Or Not To Buy? [View article]
    It states $5.7billion in assets...before...the liabilities are taken away.
    Mar 28, 2013. 11:17 AM | Likes Like |Link to Comment
  • Walter Energy: To Buy Or Not To Buy? [View article]
    Looked at both and the declared asset values end at $1.8billion.; can't find any reference to an additional $4.billion of proven "in-ground" assets or any other hard asset of that magnitude.....link?
    Mar 28, 2013. 05:46 AM | Likes Like |Link to Comment
  • Walter Energy: To Buy Or Not To Buy? [View article]
    who?
    Mar 27, 2013. 08:37 PM | Likes Like |Link to Comment
  • Walter Energy: To Buy Or Not To Buy? [View article]
    Can you give me a link to this? I can't find this particular information.
    Mar 27, 2013. 07:40 PM | Likes Like |Link to Comment
  • Walter Energy: To Buy Or Not To Buy? [View article]
    Where do you find this extra $4 billion of assets?
    I have heard from their own mouths that the assets total $1.8 billion, so if you can show me where and how to add on more proven $ value, i definitely would appreciate it!
    Mar 27, 2013. 03:08 PM | Likes Like |Link to Comment
  • Walter Energy: To Buy Or Not To Buy? [View article]
    Where do you come up with this number?
    Mar 27, 2013. 01:24 PM | Likes Like |Link to Comment
  • Walter Energy: To Buy Or Not To Buy? [View article]
    When the company has $2.3 billion in debt and $1.8 billion in assets, what is the real value of the company in US dollars?
    What would another company pay for WLT today, under current debt/asset ratios?
    The WLT board has not produced hard information which would give the investors clarity for a good decision in the proxy war.
    How long can a company keep flipping (and increasing) debt without a positive cash flow response, and expect to survive?
    I have zero faith in this board and even less in Audley.
    Mar 27, 2013. 12:11 PM | Likes Like |Link to Comment
  • Walter Energy Cites “Serious Omissions” in Audley Capital Proxy Statement [View article]
    How about publishing a resume of each director and the salaries paid by WLT.
    Mar 25, 2013. 11:24 AM | Likes Like |Link to Comment
  • Walter Energy (WLT) says it has "serious concerns" about Audley Capital's slate of nominees to replace the majority of its board, accusing the hedge fund's nominees of insider trading, deficient governance, and misrepresentations of experience. Audley sends out its own letter, saying it is "baffled" that WLT consistently provides "incorrect" quarterly earnings guidance to analysts. [View news story]
    We need to see the resume and salary of each director before any proxy vote.
    Mar 25, 2013. 09:11 AM | Likes Like |Link to Comment
  • Jefferies takes a contrarian stance on coal, making a positive investment case for the surviving producers. All four major coal companies - ANR, ACI, CNX, BTU - have decades of reserves, so there's little need to spend money on exploration, the firm says; even at current prices, the industry should generate substantial levels of free cash flow for years to come. [View news story]
    It would be informative if they defined the coal types in these articles, but it would be nice to see a big buyout of WLT asap.
    Mar 22, 2013. 11:16 AM | Likes Like |Link to Comment
  • Jefferies takes a contrarian stance on coal, making a positive investment case for the surviving producers. All four major coal companies - ANR, ACI, CNX, BTU - have decades of reserves, so there's little need to spend money on exploration, the firm says; even at current prices, the industry should generate substantial levels of free cash flow for years to come. [View news story]
    Why the exclusion of WLT?
    Mar 22, 2013. 10:54 AM | Likes Like |Link to Comment
  • Coal companies continue to flounder, and Cowen analysts think the met coal sector may not see improvement with no near-term positive catalysts on the horizon. Australia's rainy season has left met coal production relatively unscathed, and China's high inventories and weakening steel prices could pressure pricing. Among coals, the firm favors Walter Energy (WLT) for the long term. [View news story]
    GOVERNMENTS.
    Mar 17, 2013. 11:49 PM | Likes Like |Link to Comment
COMMENTS STATS
53 Comments
26 Likes