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SDMSF

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  • Alcoa: An Opportunity Into Wednesday's Earnings [View article]
    I think the idea with smelters and producing any aluminum is that AA uses it internally and decides that the vertical integration is a net plus. Do you want to control to some extent the supply and cost of your primary inputs or be at the mercy of the market. That said the question becomes how much do you really need as an end user and how much do you want to be in the business as a supplier. AA may be looking at right adjusting that while lowering costs for all their division end users/buyers. As a big player curtailments to the supply of aluminum should have an impact on the capacity issues the aluminum market is facing.
    Apr 7, 2015. 03:45 PM | Likes Like |Link to Comment
  • Santa Klaus Is Coming To Town For Alcoa [View article]
    I still have work to do to quantify (not easy) this but from what I see and read about Alcoa (own) is that they seem to be building some nice operating leverage. high value products and services (people) replacing (reducing) PPE fixed costs and commodities as revenue drivers. more to it but think you get the point if I am right. each dollar of revenue from there equals more bang for the buck so to speak
    Mar 19, 2015. 11:53 AM | 2 Likes Like |Link to Comment
  • Santa Klaus Is Coming To Town For Alcoa [View article]
    when the points go on the board the stock is a momo/growth story and not a value play. its not discussed enough but investors here at SA make comments that are more related to investing style than the investment/company itself I find.
    a value stock especially in a turnaround situation doesn't have to put points on the board if it is being evaluated as a turnaround value play. how can you turnaround a troubled enterprise and make the dcf crowd happy. the strategy may work or it may not but a growth stock is not a value stock (unless the growth far accedes the price) and vice a versa and stocks can go from value stocks to growth stocks. so the metrics by which to judge are different. Growth stocks and Value stocks are 2 legitimate mkt categories from what I learnt. I once asked my boss for expenses for a business trip. he asked if I could guarantee success. I said if I could guarantee success what would be the need for a decision. same for value stocks in turnaround situations. growth stocks have growing earning now and investors believe the same holds for the future. value stocks can show signs of growth in earnings and investors believe that the rate of growth will increase in the future based on investments and dis-investments made today. again if the investments were immediately accretive and the bottom line shot up from day one and Alcoa's new ebitda shot up to 80 billion(yes I know) tomorrow there would be no need for discussion.
    Cant treat Facebook like Alcoa. though people like seem to like all of facebooks investments.
    Mar 18, 2015. 03:35 PM | 2 Likes Like |Link to Comment
  • Alcoa's (AA) Management Presents at Goldman Sachs Annual Global Metals & Mining Conference (Transcript) [View article]
    Like AA and loved my Delta 88. it was a tank but handled great.
    Dec 4, 2014. 04:03 PM | Likes Like |Link to Comment
  • Kratos Defense And Security Systems: Is Everyone Wrong About This Stock? [View article]
    agreed Derrick. shares seem to stabilize down ~12%. would think it could be worse but still not much solace in that. they always seem to be dangling a carrot though. first unmanned and now possible strategic moves. one would think the community would know what they are up to and ktos wouldn't need to be shopped if they had the right stuff. reducing debt thru asset sales doesn't thrill me either. haven't read the earnings (what earnings) call yet. believe I will over the weekend and decide. don't have much riding this donkey anymore but what there is I think I can find a better use for.
    Nov 7, 2014. 02:39 PM | Likes Like |Link to Comment
  • Kratos Defense And Security Systems: Is Everyone Wrong About This Stock? [View article]
    Hi Derrick so what do you think time to cut and run? seems like they are in a position where they will continue to invest in unmanned make or break. I see the contract wins but they don't compensate for the investment in unmanned especially with all the awards being contested. some test flight are out till Q4 2015 I saw. that's a lot of earnings calls from now.
    Nov 7, 2014. 09:02 AM | Likes Like |Link to Comment
  • Water And The Future Of Energy Economics [View article]
    didn't see it mention ERII is the RDX similar to their product. if so the technologies might be the same but technical collaboration at the university level infers that the product alone is not a sufficient solution stand alone. please correct if I read this wrong
    Sep 10, 2014. 12:15 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    benny over 55 communities. renting and downsizing old people in FLA isn't a joke because it doesn't happen and yes maybe someone wants to live in the south where homes are cheaper or New Hampshire etc some people even have family to live with. but you keep your house as your options to live with anyone would seem severely limited. and correct English wasn't my education and I type fast to move on but it was in finance accounting and economics and the last time I looked the sight was about that and not a self proclaimed fool who's knowledge of economics etc seems to be don't spend it and you will have it. guess you don't pick up many checks for either.
    Aug 27, 2014. 04:02 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    or it can cause stagflation, low growth and higher trending inflation if the velocity of money picks up. reading is fundamental.
    Aug 27, 2014. 03:49 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    Hi George. Your article above states that 18k is what you get for income after 20 years please correct if I am wrong. if people are using the 18k than their is no reinvestment of divs after that. my point is if we don't know what we can buy in 20 years with 18k it may be that's its not that valuable relative to the need. and of course never said 0 for retirement but I analyze investments in concert with other current opportunities right now growth stocks might be better for younger people than buying div stocks or max'ing 401ks if they have them and only have enough for that. understand the nature of both but people make money in growth stocks as well as div stocks and small caps beat large caps if you study the mkt. so its not div stocks or nothing. again my point is it has to be relative to your future need and not one size fits all. in grad school there is a thing taught called EMH and included in that is the efficient frontier. where your investments are almost mathematically guaranteed to be correlated so that you have virtually no risk. (of course they say no risk but what they mean is only volatility risk not business or financial risk etc)of course that flys in the face of the other great finance tenant that risk needs to be equal to the reward. so the efficient frontier guarantees you have zero risk and if lucky a 1% return give or take. like money in a mattress or yesterdays CD. only if you have to get more than 1% on your money then the theory of the frontier is a great story but fairly useless to me.
    Aug 27, 2014. 03:34 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    I give it a ditto
    Aug 27, 2014. 03:16 PM | Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    profane wrong again. bought my house 1995 or so before the mcmansion craze. as to the middle class do some reading as to what is happening to the middle class. more are getting pushed into the lower middle class while they are working. got me wrong bud I am saying that things aren't easy for those not doing as well as I or we are. also the advice seems to be if you can save then save. brilliant. what a waste a masters in finance was. my point on appreciation is that the net value of what people got out of homes post retirement in the past to recent past wont be the same again roughly speaking due to the law of large numbers.
    Aug 27, 2014. 03:12 PM | 1 Like Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    that's great profane and you walked 10 miles to school in 14 feet of snow. 10% of minimum wage is 70-100 cents an hour they can save without accounting for taxes. how many div stocks do you get for that and how long do they have to wait at that rate to get into George's plan also things were cheaper 50 years ago than now. remember wages haven't gone up as fast as expenses. in 1960 avg home price 16.5k. avg salary 5600 or x3. even at 250k avg home price you need to make 80k but avg salary is 44k so that is 6 times. also if you bought a house then you can sell it for 250-300 or more I have empirical examples that's `19 times what was paid. do you think the cost of a home will be 5 million in 50 years. if so your little savings and Georges 18k wont begin to cut it. no one is saying saving isn't good and every little bit helps but 18k or your 10% is not a cure for those who will need much more. the amount is relative to the need. if the savings number needs to be 30% 10% isn't really going to make a big difference. glad life is simple for you but it usually is when the answers are black and white, the logic fuzzy and the result isn't solving the entire need. George was well intentioned help you are merely whipping those less fortunate then we.
    Aug 27, 2014. 02:37 PM | 5 Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    I am missing the logic Profane obviously if they cant save they didn't. that isn't called an excuse it is called the reason. obviously you mean that anyone without retirement savings is a wastrel which smacks of demagoguery which is in ample supply here at SA. I agree with you that they didn't is a simple fact but so is the statement simple and of no value in a complex issue. certainly there are some that fit your obtuse logic but it doesn't apply to everyone that didn't save so your militant attitude only explains those who could and didn't (and there are degrees) and does nothing for those who couldn't. except of course lump them in with the non saving losers. (facetious on the losers thing all. its not my opinion)
    Aug 27, 2014. 01:23 PM | 3 Likes Like |Link to Comment
  • Is The Middle Class On A Sinking Ship? No Economic Good Times For Them Or Their Retirement [View article]
    if there are many (not all) families who can save like you say above there must also be many who cant. the devil is in the detail of the ratio.
    George you cant refinance when you are underwater and currently you gain no benefit from a refinance if you have less than 20% equity and the lender demands PMI. if you know a sympathetic bank let us know so SA readers can benefit. that eliminates how many from your universe of easily saving expenses to save for retirement. some people take care of parents without savings while they provide for their children's future, a major expense. some people have 2 cars so 1 can take the kids around and the other can work 40 miles away. narrow views like who can and cant save is a flawed assumption of economic theory of which there is many I found in my studies. the circumstances are too varied and not at all black and white as you state above. all this so someone can have the equivalent of 100 dollars extra a week or whatever since you don't define the purchasing power of the 18k of income. also those lucky enough to have a 401k match should analyze that option when deciding the course to saving for retirement. have you analyzed the difference or would you have people not max the match which is pretax to invest in your program. I know your heart was in the right place from reading some of your comments but the argument is to simplistic/unrealistic to help many of those you would like to.
    Aug 27, 2014. 11:23 AM | Likes Like |Link to Comment
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114 Comments
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