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williston willie

williston willie
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  • Amrep's Rio Rancho Dream May Turn Out To Be A Desert Mirage [View article]
    This article is so ridiculous on so many counts, I'm not even going to list them. A business with large cash flow that you can run on negative working capital is worthlesss!?!!?!?!?! What a joke!
    Oct 24 09:16 AM | Likes Like |Link to Comment
  • Bakken Update: Diamondback Has 28% Upside [View article]
    Excellent work! I wonder if you would so kind as to share your thoughts on NOG?
    Aug 27 10:37 AM | Likes Like |Link to Comment
  • The Disruption Of The Wireless Service Providers [View article]
    I would urge you to look at Ting, owned by Tucows (TCX). They went the "no contract" route before TMobile or AT&T, are signing up subscribers at warp speed (just passed 100,000 devices after only about 1 year of operations) and are an obvious buyout candidate. In addition, since 2007 the CEO has bought back 40% of the outstanding shares!
    Jun 27 08:16 AM | Likes Like |Link to Comment
  • The Disruption Of The Wireless Service Providers [View article]
    Another new entrant is Ting, owned by Tucows (TCX) - no contract, pay for only what you use, extremely low rates and top notch customer service. I've had my smartphone with Ting for several months and will switch the rest of the family in August.
    Jun 25 03:43 PM | Likes Like |Link to Comment
  • 8 Questions Each Cimatron Holder Shall Ask [View article]
    Meanwhile, they are nicely profitable, valued at less than 20 times EPS (unlike other 3D printing companies), and achieving record results on an ongoing basis. Also from their recent earnings release:

    Highlights of Cimatron's results for the fourth quarter and full year of 2013 include the following:

    Record revenues of $44.2M in 2013 and $12.7M in Q4/13
    Record non-GAAP operating profit of $6.3M in 2013 and $2.4M in Q4/13 with operating margins of 14% and 18%, respectively
    Record non-GAAP net profit of $4.7M in full year 2013
    $0.48 non-GAAP EPS in full year 2013
    $13.0M end-of-year net cash balance

    Commenting on the results, Danny Haran, President and Chief Executive Officer of Cimatron, noted, "We are pleased to report yet another record quarter, rounding out a record year that was also the fourth year in which we have shown continued growth in revenues and profits.
    Mar 8 11:31 AM | 10 Likes Like |Link to Comment
  • 8 Questions Each Cimatron Holder Shall Ask [View article]
    Not sure what your agenda is, but these recent comments from the CEO on their 2/27/14 earnings release indicate they are QUITE AWARE that they are in the 3D printing space:

    "On the product side, we are excited about the coming release of CimatronE version 12, expected in mid-2014. This version will include new enhancements covering many aspects of mold and die design and manufacturing, including our first solutions geared for the 3D printing market. As we've indicated in previous announcements, CimatronE version 12 will include a new module for the design and analysis of conformal cooling systems, an application of 3D printing. This version will also support the Additive Manufacturing File (AMF) format – the new standard for converting 3D models into digital files for 3D printing and additive manufacturing. We are confident that we will identify additional uses and applications of our technology for additive manufacturing as we gain more exposure to this emerging market. We believe that these developments, along with other investments in our traditional target markets, will continue to drive growth in revenues and profits going forward," concluded Mr. Haran.
    Mar 8 11:28 AM | 9 Likes Like |Link to Comment
  • Bakken Update: HK Misses But Reports Record Initial Production Rates [View article]
    Thanks again. Any thoughts on NOG here Michael?
    Aug 5 08:30 AM | Likes Like |Link to Comment
  • Bakken Update: Bakken Well Costs Are Decreasing Faster Than Companies Indicate [View article]
    Northern Oil & Gas (NOG) has 70% of this year's and next year's production locked in at prices in the 90s. They also appear to be the least expensive of all the sizeable Bakken producers based on acreage, production and EBITDA.
    Apr 19 03:36 PM | Likes Like |Link to Comment
  • Is Travelzoo A Buyout Candidate? [View article]
    I think this is an excellent analysis and I agree with your conclusions. Great work!
    Jan 9 11:02 AM | 1 Like Like |Link to Comment
  • Northern Oil And Gas: Inside The Numbers [View article]
    disappointing article - they are ramping up production and actively investing in new wells & acreage - that's why the current ratio has dropped. When you're using debt to grow the asset base, it doesn't really pay to sit on a bunch of cash earning zero now, does it?
    Dec 28 06:18 PM | 1 Like Like |Link to Comment
  • Halcon Resources - Bigger, Oilier, And Still Cheaper Than You Think [View article]
    If you want Oily & Cheap, look at Northern Oil & Gas (NOG) - strictly in the Bakken, 11,200 boepd (90% oil) and 182,000 net acres - translates to a per share value of over $30, vs todays price of $14.38.
    Nov 14 09:30 AM | 1 Like Like |Link to Comment
  • Time To Buy This Bakken Juggernaut [View article]
    The fracking issues are with shallow gas wells in populated areas of Ohio, Pennsylvania & New York. Fracking an 800 foot well clearly has exponentially more danger of affecting the water table than an 8,000-12,000 foot well in North Dakota. The state of North Dakota has openly said they would fight any federal move to limit or restrict fracking there.
    Nov 14 08:32 AM | 1 Like Like |Link to Comment
  • Time To Buy This Bakken Juggernaut [View article]
    I believe the best "Bargain of the Bakken" is Northern Oil & Gas (NOG - $14.39). NOG is a "non-operator" so they don't have all the overhead of the operators, yet "ride the coattails" of the operators, participating in the well revenue on a pro-rata basis. NOG's enterprise value relative to their acreage and production is about half that of CLR, OAS & KOG, so you get twice as much for your money.
    Nov 13 02:32 PM | 1 Like Like |Link to Comment
  • Bakken: Getting Thicker And Denser [View article]
    Of known pipeline projects to carry oil from Cushing to the Gulf, the Seaway pipeline is slated to add 250,000 bpd in Q1 2013 and another 450,000 bpd by mid 2014. The TransCanada Gulf Coast project will add 700,000 bpd by mid-late 2013 and another 130,000 bpd by Q1 2014.
    Nov 12 08:39 AM | 1 Like Like |Link to Comment
  • Making Short-Term Profits In Oil Shale Stocks - Part 2 [View article]
    Don't forget NOG has at least 70% of next year's production hedged in the 90s per barrel and 50% of first half 2014 hedged. They are vulnerable to a worsening of differentials, but I think differentials will actually improve and put the wind at their back. There is over 1 million bopd of rail capacity now (vs Bakken production of about 700k bopd) and by mid 2014 there should be 1.5 million bopd of pipeline capacity to move oil from Cushing to the Gulf (250k of it as soon as early next year) and get it LLS (Brent) prices.
    Nov 7 08:38 AM | Likes Like |Link to Comment