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blueice

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  • A Deeper Look At Heckmann's New Debt [View article]
    EFS, very true as they are more of a dating agencies than responsible credit overseers...

    The problem is, that it is rated low already and less than BB+, which is considered speculative in nature...

    Investment in this company should be cautious and deliberate...
    Nov 1 09:26 AM | Likes Like |Link to Comment
  • This 'Spring Loaded' Telecom Is A Steal At $5 [View article]
    Customers, wisely continue to sprint away from this company...
    The latest quarter showed a lose of over 400k...(20 divisions)

    Thank you for calling SoftSprint, this call may be recorded for training or monitoring purpose...Your wait time is 49 minutes..Five gees is now available, ax your customer associate for more details...
    Nov 1 08:42 AM | Likes Like |Link to Comment
  • The Market Has More To Worry About Than Just The 'Fiscal Cliff' [View article]
    Karungo, yes I have...LOL
    Nov 1 08:38 AM | Likes Like |Link to Comment
  • A Deeper Look At Heckmann's New Debt [View article]
    Heck is paying 10% interest !? Everything better play out as planned or this company will be in treatment itself...Its debt is rated B....

    ""‘BBB’—Adequate capacity to meet financial commitments, but more subject to adverse economic conditions.
    ‘BBB-‘—Considered lowest investment grade by market participants.
    ‘BB+’—Considered highest speculative grade by market participants.
    ‘BB’—Less vulnerable in the near-term but faces major ongoing uncertainties to adverse business, financial and economic conditions.
    ‘B’—More vulnerable to adverse business, financial and economic conditions but currently has the capacity to meet financial commitments. ""

    http://reut.rs/Ru9FeM
    Nov 1 08:25 AM | Likes Like |Link to Comment
  • Is R.R. Donnelley & Sons' 10.2% Dividend Yield Sustainable? [View article]
    Long-Term Debt/Total Capital 72.65 and that is borderline scary...

    The company reduce its divy and pay down its debt, making bankruptcy less unencumbered...
    Nov 1 06:49 AM | Likes Like |Link to Comment
  • Orion Marine Group (ORN): Q3 EPS of -$0.06 beats by $0.05. Revenue of $75.3M (+38.1% Y/Y). (PR[View news story]
    This company has 75 billion in revenue ? Yelp, helf !
    Nov 1 06:38 AM | Likes Like |Link to Comment
  • Market Manipulation 101 [View article]
    Intertrade, is Euroland based.....
    Oct 31 07:54 PM | Likes Like |Link to Comment
  • Argentina's Stunning Pari Passu Loss [View article]
    """Bond underwriters have a critical obligation and responsibility to conduct due diligence process before underwriting and marketing any new issue.."""

    Luhen, I thought that was the buyers responsibility...You learn something new everyday!

    The word of a salesman carries more weight than a sovereignty?
    Oct 31 05:15 PM | Likes Like |Link to Comment
  • All About The Wheat ETF [View article]
    We had a great interest in this fund, until we saw the volume...
    Oct 31 02:25 PM | Likes Like |Link to Comment
  • Revisiting Gasfrac: 40% Revenue Growth, 75% Off All-Time High [View article]
    For whatever reason, their two fracking jobs out east were cancelled...

    """GasFrac argues that LPG, compared to hydro-fracking, is both more environmentally sustainable and economically efficient in the the long run — a claim that has drawn some skepticism.

    Terry Engelder, the Penn State University geologist who’s been dubbed the “Godfather” of the Marcellus Shale for his calculations of the rock layer’s natural gas potential, says water is the “mechanically most efficient fluid for breaking apart rock.”

    Anthony Ingraffea, a Cornell University engineer who spent 20 years researching fracking for Schlumberger, one of the largest fracking companies, said: “I’ll give [GasFrac] credit that geochemically, it’s much better to use a hydrocarbon [propane and butane] to stimulate a reservoir…But I’m not sure how well this technique will work in a high volume long lateral shale formation [like the Utica or Marcellus shales] because they haven’t released proprietary data. That’s still unknown.”

    Petroleum engineers in the 1960s and 1970s tried using propane fracking, but the potential for explosion — which is still a risk today, if better managed — left the technology uneconomical.

    Last year, the petroleum giant Chevron used LPG to frack several natural gas wells in the Piceance Basin, home to several lucrative coal, oil and natural gas deposits in Colorado. The company’s annual report, while not mentioning GasFrac, noted that LPG “significantly increases production while minimizing water usage.”""

    One has to ax, where are the Chevron contracts?
    Oct 31 01:43 PM | Likes Like |Link to Comment
  • Revisiting Gasfrac: 40% Revenue Growth, 75% Off All-Time High [View article]
    66, very nice link!

    It was just an example and does not indicate that, EnviroFrac, is using less sand...

    The main point the poster was making, was the length of time involved in their process...

    """"Yes, they can refill the sand tank, but it takes hours and extends the time to finish the frack, one in the morning and one in the afternoon. Two 250,000 lb fracks a day pumping 125,000 lb for 20 stages take 5 days to pump. This is too much time.""""
    Oct 31 01:32 PM | Likes Like |Link to Comment
  • Argentina's Stunning Pari Passu Loss [View article]
    "argentina waived its sovereign immunity and contracted that it would not do exactly what it later did, our courts said you have abide by your contract"

    Post of the thread, Daro...It is that simply, folks (a word often by the pres.) rather than all the convoluted legal chatter...
    Oct 31 12:22 PM | 1 Like Like |Link to Comment
  • Market Manipulation 101 [View article]
    Greg-is-ok, not many thank goodness as the MTVers have switched to BET....I am so glad, that the Demcos wind up with all of the trash....
    Oct 31 11:46 AM | Likes Like |Link to Comment
  • Market Manipulation 101 [View article]
    Nice thread, Mr Hui! It was noted on the Dennis Prager show, that in a European poll 72% favorite BOCO, while only 8% think M.R. is going to win...

    Talk about bias, the Socialist way...
    Oct 31 10:28 AM | 4 Likes Like |Link to Comment
  • Revisiting Gasfrac: 40% Revenue Growth, 75% Off All-Time High [View article]
    Thank you dear poster!

    Journeyer said...
    """""""The LPG technology certainly wins for best performing frack fluid and not using water, but loses for effective application. They are suffering for their aggressive growth - the technology has been built-out before the application issues were solved.

    Within the developed LPG technology, the method used to add sand severely limits the application range and scope. The ‘big’ 250,000 lb capacity sand pressure tanks are used to add sand and only one tank is used at a time. These tanks are as big as is legal to move on most roadways so a larger sand tank is not likely. Unfortunately, in a world of 1,000,000+ lb fracks, 250,000 lb is small and limits their market. Yes, they can refill the sand tank, but it takes hours and extends the time to finish the frack, one in the morning and one in the afternoon. Two 250,000 lb fracks a day pumping 125,000 lb for 20 stages take 5 days to pump. This is too much time. IF they can find a way to string tanks together they get bigger and faster jobs, but more sand pressure tanks means more needed capital. A better way to add sand is a MUST - smaller fracks that take more time limits their market.

    The LPG recovery issue is an operational, economic and environmental barrier and mobile recovery units will not solve the problem. Consider two days to pump a frack followed by five days to recover the LPG. The equipment then completes one and a half more fracks while LPG from the first well is being recovered. They need at least two and maybe three LPG recovery units for each fracking set. This requires more capital outlay and presumes the mobile LPG recovery method is efficient and cost effective. Status and/or capability of these units seems to be closely held by the company. For recovery where LPG can be captured by a facility, the facility’s capacity needs to be sufficiently large. Two days fracking with 500,000 gal of LPG to recover needs a big facility with at least 1,000 bbl/day LPG capacity for recovery in a reasonable time. Without a means of recovery the alternative is to flare the LPG – a poor economic and environmental choice. The LPG recovery issue again narrows their market considerably.

    Raising capital and building out the 10 equipment sets based on a great frack fluid and not using water is about half right. Doing that while not addressing the frack size issue or solving the LPG recovery problem is all wrong. The company has attempted to aggressively grow with, one would suspect, knowledge of these deficiencies and is now bumping into the hard realities of their choices. Another management change is not going to change the Gasfrac reality – an undersized and incomplete technology."""""""""""
    September 26, 2012 6:58 PM
    Oct 31 03:15 AM | Likes Like |Link to Comment
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