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  • Firsthand Technology Value Fund Is Worth A Look [View article]
    what are your thoughts on BCC tech firm gsvc. huge stake in twtr
    Apr 23, 2015. 05:46 PM | Likes Like |Link to Comment
  • Offshore drillers still not an attractive value proposition, analyst says [View news story]
    you can't time the bottom but long term some of these drillers are screaming buys. older rigs are being scrapped and new rigs deliveries are being pushed out
    Apr 21, 2015. 01:57 PM | 6 Likes Like |Link to Comment
  • Offshore drillers still not an attractive value proposition, analyst says [View news story]
    ORIG is the best positioned offshore driller and gets hammered every time more than the competitors with an old fleet and rigs not under contract.

    ORIG has the best coverage for 15 and 16 and the newest fleet along with PACD. I love their juicy divy that is currently covered with cash flow. If the industry sucks through 16 then they will have to cut the divy. My only concern is that they wont be able to get debt funding for their remaining rigs on order.
    Apr 21, 2015. 01:14 PM | 2 Likes Like |Link to Comment
  • Tankships IPO Torpedoed By Sale To CEO [View article]
    the majority of debt is Orig's. Drys only has 1.2 billion in debt including tanker orig and abn debt
    Apr 1, 2015. 09:00 AM | 1 Like Like |Link to Comment
  • Ford -3.8% after Feb. U.S. sales miss [View news story]
    all input costs are coming down fast. The higher dollar is a concern but ford makes the money from trucks plain and simple which are ramping higher. stock should be at 22
    Mar 3, 2015. 09:39 AM | 7 Likes Like |Link to Comment
  • Offshore drillers under pressure to scrap rigs at unprecedented pace [View news story]
    ORIG is the best positioned. all new rigs and pure play udw with 87 percent contracted in 15.
    Dec 23, 2014. 08:22 PM | 4 Likes Like |Link to Comment
  • DryShips: What's Happening Here? [View article]
    You must not be that educated in the Oil Service markets because ORIG has Long Term contracts with the majors for 87 percent of their fleet in 2015. I expect them to be 100 percent in operation by the next earnings report and to earn 2.50 a share minimum next year. This down market is actually really great for ORIG because the competitors all have drillships much older and will have to scrap them at 55 dollar oil. Day rates for ORIG ships are holding up fairly well
    Dec 15, 2014. 05:30 PM | 1 Like Like |Link to Comment
  • OmniVision Technologies beats by $0.38, beats on revenue [View news story]
    Stock should be trading much higher
    Aug 28, 2014. 05:09 PM | Likes Like |Link to Comment
  • How Profitable Is Ultra-Deepwater Drilling? Very [View article]
    I went back to the last CC from ORIG and pulled this in regards to ORIG's operating expenses.

    Turning to slide 14, moving onto operating expenses. On this slide, we highlight our daily recurring cash, operating expense run rate during the quarter, and provide a break down on the amortization of our deferred operating expenses that were expensed during the quarter. As far as what we call our recurring daily cash operating expenses that is our GAAP operating expenses, excluding amortization and extraordinary items, the average, the $197,000 compared with $186,000 during the previous quarter.

    We are in line with our expectation that there will be around 190,000 to 200,000 per day on average fleet wide, subject of course to cost adjustments going forward. The main culprits behind this quarter’s increase were costs associated with a special survey of the Eirik Raude, inventory build upon the Ocean Rig Olympia, ahead of operating in Angola, which is an expensive location, and intra-contract moves between the east and west coast of Africa on the Ocean Rig Poseidon
    Mar 7, 2013. 11:52 AM | Likes Like |Link to Comment
  • Fiscal Cliff: Let's Call Their Bluff [View article]
    She makes a valid argument with point number 2. I see the government having no other option, in the future, then to conduct this type of transaction. They will have to make an exchange dollar for dollar with treasury securities outstanding when the debt spirals out of control and the world loses faith in our ability to pay it back. The fed is implicitly working with the treasury already by taking the inventory out of the market place with their constant purchases of everything they can get their hands on. This is even more shady because the Govt is being financed for free. In the end, the more inventory siphoned off without the public acknowledging what is going on will result in less inflationary pressure after the inevitable exchange. They will continue to monetize the debt until we see increased inflation over a certain warning level (my guess is 5 to 6 percent is the brink). At that point our government deficits will be over 20 trillion and the fed will own at least 1/3 of it. The game will be over at that point and government fill be forced to convert debt outstanding to paper dollars. Hard assets will be king and gold will skyrocket.

    The other much more painful option is to cause massive deflation through austerity which will cause massive unemployment, rioting, business failures and a whole host of problems. This is not an option. At the point of no return, I see business faltering again with big deflationary pressures (Japan) and huge slack in the economy. Inflation is the only way out of this mess and we have too case studies to prove it: The 1930's and 1970's in the US and Europe over the last few years.

    Every knowledgeable person knows which scenarios created the worse outcomes.

    If you do not agree with my thesis please tell me how the US govt can fix our problems and at the same time discuss how this can occur in an orderly fashion.
    Dec 20, 2012. 02:51 PM | 3 Likes Like |Link to Comment
  • Ford's Failures And Future [View article]
    Your research into the Lincoln brand was careless as Ford has made a commitment to invest a billion dollars and completely re-design the Lincoln marketing and body styles of the vehicles. The branding of Lincoln Motors and the introduction of the 2013 MKZ is the first step in a complete redesign of the luxury division. 3 more high end Lincolns, with different design teams will be hitting the market place over the next few years.
    Dec 13, 2012. 03:05 AM | Likes Like |Link to Comment
  • Avoid PC Suppliers, Consider OmniVision Instead [View article]
    Great analysis!! It's great to finally see someone out there that sees the tremendous value in the company. Ovti is a steal at these prices even without margins improving over the next year. That will not be the case for this company as I predict that margins have bottomed out and will eventually increase to the low 20's. I have read that some people are concerned about the huge increase in accounts receivable yet this should not bother anyone due to AAPL and the other powerhouse firms in the industry being their main customers. The big question is due to the low valuation, leadership, in technology, and the major customers does OVTI ever become a buyout target?
    Dec 12, 2012. 12:41 PM | 1 Like Like |Link to Comment
  • Ford: Don't Miss This 'Great Buy' Time [View article]
    The debt equity is also misleading because the debt is not from the automotive operations but from the finance company. The debt is easily converted to cash because the finance company can always repo the vehicles if people do not pay. Residual values on used cars have fallen a tad but are still strong. The company might be able to record gains on the used vehicles after they sell them.
    Dec 3, 2012. 04:14 AM | Likes Like |Link to Comment
  • 7.8T reasons dividend tax increases won’t crush stocks: That's the estimated value of all equity assets held by retirement investors that are not tax sensitive. Though it seems counterintuitive, Lucas Kawa thinks an increase on dividend tax rates might actually benefit the millions who hold high-yield dividend stocks in their IRAs and are able to buy into a potential sell without being impacted by the rising tax rate. [View news story]
    Once the new rates are established they become the new normal. People will make investment decisions based off those new rates and stocks will rebound because the alternatives are still slim. I would much rather get 75 percent of Altria's dividend of 5.4 percent then many of the other options out there.
    Nov 24, 2012. 03:08 PM | 4 Likes Like |Link to Comment