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James_B

James_B
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  • Seadrill extends losses as concerns over Russia, dividend grow [View news story]
    Agreed. And well said.
    Sep 15 03:15 PM | 1 Like Like |Link to Comment
  • Seadrill Sell-Off, Is It Fair? What Drives The Offshore Drilling Industry Down. [View instapost]
    Great article, 18 to 24 months later it will be interesting to see where SDRL is. I bought at $36 back in Feb 2014, that was after watching SDRL take off from $18 to $48 from 2010 to 2013. I will probably double my position in SDRL if it gets any lower. Once demand comes back and these older rigs come off line we will have the exact opposite of what we are seeing today (low demand, perceived high supply vs. high demand, lower supply). Should be interesting.

    Contract coverage and dividend is the buffer, SDRL looses coverage or cuts divy, then SDRL will have issues imo.
    Sep 12 06:02 PM | Likes Like |Link to Comment
  • Seadrill-North American Drilling deal with Rosneft still at risk from sanctions [View news story]
    Sounds like a solid plan for 2015. Wouldn't mind seeing some more action in the GOM with SeaMex/PEMEX in 2015 as well.
    Sep 11 09:58 PM | Likes Like |Link to Comment
  • Seadrill-North American Drilling deal with Rosneft still at risk from sanctions [View news story]
    Does anyone else find it odd that SDRL has been talking itself down after reporting that they will incur EBITDA growth, keep the dividend for the "foreseeable future" and before the SeaMEX units come online (3rd quarter I believe). Seems like a lot of things are going right for SDRL in a tough market. They may not get the dayrates they once received, but it sure looks like their revenue should increase going forward. Thoughts?
    Sep 11 12:44 PM | 4 Likes Like |Link to Comment
  • New Resource Bank: Acquisition Target - Quick Catalyst [View article]
    If you release part or all of the TDA and get the ALLL/NPAs down to "normal" levels, the EPS would drastically increase, as would the book value. I already bought, the hidden value in this bank is a great opportunity.

    Thanks for the article, Capitalist.
    Aug 27 10:39 AM | Likes Like |Link to Comment
  • Exchange Bank: Hidden, With A Chance Of 60%+ Returns [View article]
    Very good article, once again, Profit Fan.

    It stinks that the discounts from the great recession are pretty much gone, but there are some still out there like EXSR.

    Can I get your thoughts on M&A activity amongst Community Banks/Regional Banks? I have seen where some Regionals are in need of deposits and other Regionals are in need of loans. For instance, down here in Texas, especially around the Eagle Ford Shale Basin, Community Banks have way too much deposits and some Regionals are around their limits for loans/deposits. I think we may see a lot more M&A activity in 2015 compared to 2014. What do you think?

    Thanks again!
    Aug 22 02:35 PM | Likes Like |Link to Comment
  • Seadrill Makes Higher Lows On Improved Investor Confidence - Charts And Moving Averages [View instapost]
    I dislike trading on technicals, but the reason technicals are important to me is because so many other people trade on what they see from the chart. I understand the fundamentals/financial and economic reason for investment, but I can't read a chart for the life of me. The reason I read articles like this is to see if there is momentum coming or downside risk approaching by others who do not invest like I do.

    I found your article helpful and informational. Thank you for explaining so concisely on what the charts are saying. Hopefully we find some momentum. Long SDRL.
    Aug 20 03:00 PM | 4 Likes Like |Link to Comment
  • J.C. Penney: A Look At Q2 2014 Earnings Expectations [View article]
    Underwhelmed, huh? I just hope you don't lose too much money with your short position. They crushed expectations and if you don't see that perhaps you should try another profession. I don't know what JCP will close at tomorrow or by the next quarter, but I know it's not going to be below $9 anytime soon.

    "Underwhelming" does not make the stock increased 5% after hours... Give me a break.
    Aug 14 05:42 PM | 2 Likes Like |Link to Comment
  • Macy's read: Are department stores getting crowded out? [View news story]
    I agree with the above comments. He's essentially saying that consumers are now spending on other things like housing, cars and vacations rather than retail stores. Housing is relatively flat and families always take vacations during the Summer. It sounds like M is just making an excuse for falling short.
    Aug 13 10:50 AM | Likes Like |Link to Comment
  • Discover Financial Is Cheap And Has Great Opportunities [View article]
    MA and V are credit card processors. AXP and DFS are lenders with processing units/departments. All others, BAC, JPM, COF, C, etc. are Banks that issue credit cards. The only comparable to DFS is AXP, in which case DFS is still undervalued relative to the performance of AXP.

    If you were going to assign the AXP PE ratio (17.20) to DFS (EPS $4.94) then you come to the "fair value" of $84.97/share. Obviously I am not taking into account many other factors like ROE, P/BV, PEG, etc. But to compare the only comparable to DFS on the P/E basis, you get a 58% upside... This is all for illustrative purposes, I have a short term price target on DFS at $68/share based on a much more involved calculation, but I only use AXP as a competitor/comparable and not any other company.
    Aug 11 03:34 PM | 3 Likes Like |Link to Comment
  • Update: Seadrill; Another Win For Newbuild Solidifies Our Belief In The Company [View article]
    Oh sorry, I didn't see the "including the mobilization costs" in that sentence. Thanks for your response! And yes, $630k/day is pretty good.
    Aug 8 04:36 PM | 1 Like Like |Link to Comment
  • Update: Seadrill; Another Win For Newbuild Solidifies Our Belief In The Company [View article]
    Is the $680,000 day rate the highest in the world for an UDW rig?
    Aug 8 01:29 PM | Likes Like |Link to Comment
  • Drillers Downgraded, Seadrill Down 5% In 3 Mondays [View article]
    Haha that was good Debutant.
    Aug 5 10:06 AM | 1 Like Like |Link to Comment
  • Drillers Downgraded, Seadrill Down 5% In 3 Mondays [View article]
    "all things equal"
    Aug 5 09:21 AM | 2 Likes Like |Link to Comment
  • The Hipster Revolt And The Anti-Luxury, Luxury Movement [View article]
    Kanye West sold a $120 plain white t-shirt that sold out on the first day of launch. Quick Google search and there will be stories on it... I think people will money will spend on what they determine to be important. I guess the question is "what is luxury/fashionable or important?"
    Jul 30 11:49 AM | Likes Like |Link to Comment
COMMENTS STATS
118 Comments
102 Likes