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lsuavecito

lsuavecito
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  • Offshore drillers under pressure to scrap rigs at unprecedented pace [View news story]
    Is that what he shared with U over Xmas dinner?
    Dec 27, 2014. 01:54 PM | 2 Likes Like |Link to Comment
  • Bank Of America: Get Out Now, The Bank's Coffin Is About To Be Nailed Shut [View article]
    I read your BAC article, and thought it was insightful. I fail to see why it was yanked.
    BTW, while awaiting BAC's upward move, I've parked some $$ in its 7.25% conv. pfd. The acquisition was a while back, under par.
    Dec 25, 2014. 02:31 PM | Likes Like |Link to Comment
  • Offshore drillers under pressure to scrap rigs at unprecedented pace [View news story]
    Plum Creek, yes, has been a stellar performer; been a happy shareholder for a few years, nice distro.
    Dec 24, 2014. 06:16 PM | Likes Like |Link to Comment
  • Offshore drillers under pressure to scrap rigs at unprecedented pace [View news story]
    Yep, boyz, it's like, "The trees grow up, ⤊, toward the sky, but they never make it."
    Dec 24, 2014. 01:18 PM | Likes Like |Link to Comment
  • Offshore drillers under pressure to scrap rigs at unprecedented pace [View news story]
    Vegas has it at 8 to 5 that SDRL survives, and 3 to 1 that both RIG and ESV return to prior glory.
    Dec 23, 2014. 09:20 PM | 2 Likes Like |Link to Comment
  • Pengrowth Energy: The Sky Is Not Falling [View article]
    Oh my gawwwsh!
    I didn't realize that this Juggernaut has been trading in the 'low' $2 range, and has fallen under $2! Yikes, when will the cheerleaders who linger here realize that this speculation is a perennial Loser.
    Gawwwsh, again, remember when it was a screaming BUY at $15, then 10?!

    Indeed, "the sky has fallen!"
    Dec 23, 2014. 01:07 PM | Likes Like |Link to Comment
  • Pengrowth Energy: The Sky Is Not Falling [View article]
    Founder, there is a practice that some investors utilize; it's called DD or due diligence. If you make use of this thought-provoking tool in researching PGH, PWE, U may discover why some 'investors' use these cynical adjectives when describing these two(2) flea bitten Dawggz.
    Simply, look at the 5+ year history of these two Laggards = Losers!
    Dec 23, 2014. 12:54 PM | Likes Like |Link to Comment
  • Transocean Default Risk Falls And Bond Trading Volume Tops The Charts [View article]
    @Ernie Mac, the RIG 6.5%, 2020, rated Baa3, yield 6.5% @ par. As NYer1 correctly stated, those bonds were trading in the high 80's last week for an approx. 7.5% CY and 9% YTM.
    I also bought some common at 16+. Yes, I definitely believe the reward outweighs the risk. RIG has a stellar balance sheet and a cash hoard that will help weather the storm, and as stated previously this is not its first square dance.
    Also, if I correctly recall the CEO, Steven Newman, just laid down 200K of his pocket $$ in order to purchase the common at 20(?).
    The common pays a ridiculously high $3 dividend. It may get reduced, eliminated[prolly will], and that prudent move would certainly be beneficial to the bond holders.

    All in all, IMO, and that of many others who visit here it is not essential for bond 'investors' to be aware of, make use of, or acquire a Ph.D. in the highfalutin gobbledygook that this highly educated[sic] author offers here.
    Dec 22, 2014. 01:38 PM | Likes Like |Link to Comment
  • Transocean Default Risk Falls And Bond Trading Volume Tops The Charts [View article]
    Way to go, early, the outcome should be quite favorable. [Check the 6.5%, 2020]

    BTW, a question, your decision to buy these 'attractive' bonds - did it take into consideration Mr. van D's Kamakura Smoothing process or quantitative 'implied' default possibilities/probabil... 10-20 years into the future?
    ……………………………………..LOL, muchísimo!
    Dec 21, 2014. 01:30 PM | Likes Like |Link to Comment
  • Transocean enjoys big gains, no thanks to latest fleet status report [View news story]
    Yep, apparently he's another 'Bandwagoneer'.
    Dec 20, 2014. 02:22 PM | 1 Like Like |Link to Comment
  • Transocean Default Risk Falls And Bond Trading Volume Tops The Charts [View article]
    What more can one expect from a potato farmer and commercial fisherman who has done quite well with the bonds that your Kamakura Smoothing blah, blah has knocked?
    >highfalutin gobbledygook!"< Yep, it got half a dozen LIKES; ever wonder why? LOL!
    Dec 19, 2014. 08:56 PM | 1 Like Like |Link to Comment
  • Transocean enjoys big gains, no thanks to latest fleet status report [View news story]
    It has been, is currently doing just that; shoring up an already resilient balance sheet and adding to a robust ca$h position.
    Look to the short - medium term bond for clues; they have spiked in a northerly direction the past couple of days.
    This may be(most likely is)one of those forks in the road where reward outweighs risk, and one must have the stones, rise to the occasion, and run with a well managed company that has been here before, and not only survived but thrived.
    I'm a bond holder(6.5%-2020), and I went 'all in' with the common at 16+.
    Oil, gas/diesel running autos, trucks, jets, freighters are not disappearing in the next few years, eh?
    Dec 19, 2014. 08:48 PM | 3 Likes Like |Link to Comment
  • Transocean LTD; Where's The Margin Of Safety? [View article]
    Proceed with caution, yes, and one's exercising DD is always prudent; however, attempting to decipher the Kamakura Default Probabilities/possibil... is an arduous, futile attempt to wade thru tons of high tech, charts, graphs, opinions, and assorted 'gobbledygook'.
    Let DD, 'common sense', and logic be your guide.
    Dec 18, 2014. 04:17 PM | Likes Like |Link to Comment
  • Transocean LTD; Where's The Margin Of Safety? [View article]
    Here we are a day later, and these bonds have spiked; they are now trading in the high 90's…….Still, a 'nice' buy.
    Dec 18, 2014. 03:37 PM | Likes Like |Link to Comment
  • Transocean Default Risk Falls And Bond Trading Volume Tops The Charts [View article]
    This is not the time to be a Bandwagoneer. The RIG short term, *investment grade bonds[still]are up more than 10% today, for example: 6.5%, mat. 2020 were trading 95-98.
    Rig has been around the block before, and not only survived but thrived. It has a backlog in the Billions. The bonds were trading @ 90 couple days ago for an 8.5%± YTM. The balance sheet is in good shape, there is plenty $$ on hand.

    *(If this still has any significance)

    Despite this author's highfalutin gobbledygook, these short term bonds were/are a Buy.
    Dec 18, 2014. 02:45 PM | 5 Likes Like |Link to Comment
COMMENTS STATS
465 Comments
395 Likes