What Does The Future Hold For DryShips? [View article]
Still...the RIGS generating a lot of free cash flow...
The thing that most worries right now...is the Drys ships loosing value day by day and breaking the covenants...requiring RIG shares mortgage on the table. George must be an absolute idiot opening the tankers fleet...right after floating rigs. Or...he must be milking money some how..at the expense of the share holders.
DryShips - A Good Example Of How The Dry Bulk Industry Is Suffering [View article]
I think, 50% Debt /Asset ratio gives enough leverage for Dryships to refinance these maturing debts and roll over. This may not be a big issue...as long as they cut the CAPEX program which is ridiculous ..given the situation.
DryShips - A Good Example Of How The Dry Bulk Industry Is Suffering [View article]
Good analysis..
"The company is bound to pay $750 million in 2013 and $1 billion in 2014." Are these payments include ship costs scheduled to be delivered in 2013 and 14? Or, simply the debt payments?
I believe, all the drill ships (including future one) have been attached with contracts and are financed fully. That part is covered already.
Right now, on the field ...the industry is installing solar at $1.30 - $2/w (everything included) depending on where it is being done. And this comes with 25 year warranty with 40 year expected life.
2 Chinese Solar Stocks To Short With A Target Price Of Mere Cents [View article]
Solars have come a long way for the past two years. It is not about global warming any more...it is all about economics. Solars no longer depend on subsidies any more. Right now, you can buy solar panels at 50 euro cents per watt. This reflects the fact that many euro countries are already at grid parity with solar without subsidies. Thanks to Chinese solar!
In the grand scheme of the things, sure, some of the Solar companies do not deserve to be around.
If you look at the consumer point of view...solar make sense now..than ever!
People with lack of imagination only can bash at Solar Industry!
5 Solar Panel Winners And Losers Of 2012 [View article]
JASO has the best balance sheet among China peers! Go and read JASO balance sheet and get back with Debt/Assets!
"Take JA Solar, for example. This company has a lot of debt to face at present and has had to resort to a share buyback scheme in order to account for the bad position that it is in."
Overseas Shipholding Group's Corporate Bonds [View instapost]
Is there a place where you can buy corporate bonds like the way we buy stocks?
Thanks
Rama
What Does The Future Hold For DryShips? [View article]
The thing that most worries right now...is the Drys ships loosing value day by day and breaking the covenants...requiring RIG shares mortgage on the table.
George must be an absolute idiot opening the tankers fleet...right after floating rigs. Or...he must be milking money some how..at the expense of the share holders.
DryShips - A Good Example Of How The Dry Bulk Industry Is Suffering [View article]
DryShips - A Good Example Of How The Dry Bulk Industry Is Suffering [View article]
DryShips - A Good Example Of How The Dry Bulk Industry Is Suffering [View article]
"The company is bound to pay $750 million in 2013 and $1 billion in 2014."
Are these payments include ship costs scheduled to be delivered in 2013 and 14?
Or, simply the debt payments?
I believe, all the drill ships (including future one) have been attached with contracts and are financed fully. That part is covered already.
What Does The Future Hold For DryShips? [View article]
that is like 6M$ a day for all the drill ships
6*365 M$ per year = 2.19B$
65% stake = 2.19*.65 = 1.423 B$ per year revenue from drill ships alone
If dry ships + tankers can fetch 565M$ per year revenue...
Then ..beginning 2014...we are looking at 500M$ per Q reveneue
With 20% net margin...100M$ net profit per quarter ...that is like
one dollar per share EPS.
On a fair value basis...with 10 PE ...we are looking at a 10$ share.
The risk vs reward ...in 12 months is...like 1:4
Understanding The Future Of Solar [View article]
Overall...good analysis.
But, I feel..you should review your analysis based on cost per watt installed...not cost per watt produced.
Module contributes less than 40% of the installed cost.
At the end of the day...it all comes down to ENERGY DENISTY...watts per sq.foot!
The Biggest Myth About Solar Power [View article]
Now you do the math!
3 Greek Shipping Stocks For Big Profits In 2013 [View article]
First Solar Making The Right Moves; Canadian Solar Looks Like A Sell [View article]
How much profit CSI need??? to avoid your SELL rating?
CSI pps is 1/5 book value.
CSI market cap is 1/3 of cash they have.
CSI is sitting on 1.6B$ (yes...Billion$) project pipeline.
You are joke!!!
2 Chinese Solar Stocks To Short With A Target Price Of Mere Cents [View article]
2 Chinese Solar Stocks To Short With A Target Price Of Mere Cents [View article]
Solars no longer depend on subsidies any more. Right now, you can buy solar panels at 50 euro cents per watt. This reflects the fact that many euro countries are already at grid parity with solar without subsidies. Thanks to Chinese solar!
In the grand scheme of the things, sure, some of the Solar companies do not deserve to be around.
If you look at the consumer point of view...solar make sense now..than ever!
People with lack of imagination only can bash at Solar Industry!
Sequential Improvements In Store For JA Solar In Q2 And Beyond [View article]
As GCL is supplying most of the wafers..at or below 26c/w. Module costs should also be below 70c/w.
5 Solar Panel Winners And Losers Of 2012 [View article]
Go and read JASO balance sheet and get back with Debt/Assets!
"Take JA Solar, for example. This company has a lot of debt to face at present and has had to resort to a share buyback scheme in order to account for the bad position that it is in."
The author is a joke!
This Week's Best Bond: JA Solar Holdings [View article]
If I want to, where do I buy these corporate bonds?
Thanks
Rama