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freebra

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  • Use AT&T To Build Income [View article]
    Casey,
    Just how confident should we be on the 'pending' acquisition of DTV and Lusacell ?
    You speak as though they have already been approved and acomplished. Did I miss the announcement ? ?

    Freedom Bravo
    Dec 15, 2014. 01:25 PM | Likes Like |Link to Comment
  • Seadrill Limited: Complete Fleet Status And Third Quarter Results Analysis [View article]
    @M$M > Integral or Differential Calculus ? Statistical Analysis ? You're as big a joker as your 'handle' ! LMAO

    Freedom Bravo
    Nov 29, 2014. 04:32 PM | 1 Like Like |Link to Comment
  • Seadrill: Why I Don't Care About Mr. Market's Knee-Jerk Reaction [View article]
    @Ernie & freed0m > Respect and agree with your comments to some degree, however, SDRL's share buy-back 'intent' will be at the absolute bargain basement prices and could possibly have been (at least some of) SDRL's (inept?) management and BOD's objective in suspending the dividends, and as stated, to include a more manageable debt reduction. Sound decisions IMO. Meanwhile, SDRL is still in business and producing; al beit, at somewhat reducing income/profit in the near term. As with all businesses faced with profit losses, SDRL is also looking at reducing current overhead and operating costs, which should be obvious for survival.
    The demand for oil continues, and escalates, as I previously stated, and the major suppliers who depend so heavily on their primary (or only) source of economic stability (ie: Iran, Saudis, Liberia, Iraq, Russia) will attempt to reduce production to drive up the cost. Within a few months or quarters, (I predict) the price of oil will begin to slowly rebound, whether as the result of demand, politics, greed or economic necessity. The price recovery will not be as sudden as the reduction. OPEC has minimum influence as recently demonstrated, unless they have covertly influenced the price reduction assisting in the potential indirect sanctions (Russia & Iran).
    In reference to 'over supply of rigs', yes indeed, this has been my concern for over a year as I read about the numerous new builds. I can only agree with some of the commutators that many existing older rigs will be 'stacked' and replaced. This will create some major $ loses for most companies. However, as I have read and researched, SDRL has the most modern (efficient, safe) designs available. A considerable number are still in the final construction mode and may extend some of the delivery dates. Others have short lived contracts and some completed new builds are awaiting contracts. This will obviously have a direct negative impact on reduced day rates in addition to oil prices, through negotiations. Again, the supply and demand issue of oil and rigs appears bleak at this juncture.

    Just my personal thoughts while trying to look at the forest in lieu of the trees.

    Luck to all............Freedom Bravo
    Nov 28, 2014. 03:31 AM | Likes Like |Link to Comment
  • Seadrill: Why I Don't Care About Mr. Market's Knee-Jerk Reaction [View article]
    Having read most of the articles and K's of pro and con comments over the last 3+ months with reference to SDRL (offshore drilling), debt, management, market share price, dividend (and/or lack thereof), the price of oil, drill rigs quantities and ages, contracts, sanctions (NADL), etc., I feel that I must add a little different twist: CAUSE AND AFFECT

    US Economy - Improving

    Stock Market - Dow Jones and S&P 500 at historical highs, however, oil prices continue to decline to 5 year lows.

    Demand - I have not seen any reliable figures, but IMHO I cannot help but believe that demand continues to increase, and exponentially, due to the cheaper costs. Conservation is of lesser importance, and waste is increasing. This applies to individuals (internationally), but especially by industrial, manufacturing, agricultural, etc. Everything is directly or indirectly dependent on oil and it's price.

    Supply - Who opened the spigot beginning in August ? Saudi Arabia, Iran, Liberia, US hydraulic fracturing (fracking), increased world wide E&P in-general have all caused an 'over supply'.

    Political - Is it possible that US, Kuwait, EU and other 'Free World countries 'in-concert' have intentionally driven the price down by flooding the market as an indirect sanction on Russia (Ukraine invasion) ? EU and China are highly dependent on Russia for their oil. Oil production and export has a direct and severe impact on the Russian economy.
    Iran (nuclear proliferation) continues to postpone any agreement while developing more nuclear capabilities. Cheaper oil prices severely impacts their economy, too.

    Seadrill - Unfortunately, SDRL was caught with their pants down, and more so than others in the energy sector, due to their aggressiveness/debt management.
    The suspension of the dividends, IMO will last for 1-2 quarters and then will be reinstated @50% ($0.50/qtr/sh). I have admired their management after what they did in December 2012 (or 2011?) by paying the then current and following quarter's dividend 3 months early, convincing me that they are indeed a stockholder friendly company. The management did what they had to do, but better days are ahead, and the stockholders will be rewarded as before.

    Long SDRL (and adding), ESV, RIG

    Freedom Bravo

    Nov 27, 2014. 10:06 PM | 1 Like Like |Link to Comment
  • A Closer Look At Realty Income's Acquisitions [View article]
    ie: Triple Net
    Nov 27, 2014. 01:44 PM | Likes Like |Link to Comment
  • Dividend Aristocrats In Focus Part 39: AT&T [View article]
    The potential acquisition of the Mexican wireless company (lusacell) by AT&T was not addressed. Status ?
    Nov 20, 2014. 10:21 AM | 4 Likes Like |Link to Comment
  • Don't Panic, Grab Seadrill Out Of The Bargain Bin Instead [View article]
    Congrats, Ta0. Close enough.........I plan on adding tomorrow and continue until .........................
    Oct 2, 2014. 05:07 PM | 1 Like Like |Link to Comment
  • Seadrill Ltd: When Will The Pain End? [View article]
    @ Debutant > Very wise comment(s), as usual. Thanks. Long SDRL

    Freedom Bravo
    Oct 1, 2014. 07:10 AM | Likes Like |Link to Comment
  • Don't Panic, Grab Seadrill Out Of The Bargain Bin Instead [View article]
    @Ta0 > Sorry about the 'his'. Sounds like you got a great plan, my Lady. I, as well, have been accumulating and feel that $25 may be a reasonable brief bottom. Good Luck. Long on SDRL.

    Freedom Bravo
    Oct 1, 2014. 06:58 AM | 1 Like Like |Link to Comment
  • Don't Panic, Grab Seadrill Out Of The Bargain Bin Instead [View article]
    @corn> Obviously, Ta0 intends to buy @ $25/share (his personal BUY target). Isn't that what you mean, Ta0 ?
    Sep 30, 2014. 10:30 PM | Likes Like |Link to Comment
  • Warren Resources: My First Trade For Monday [View article]
    Bret,
    Would you consider WRES a potential MorA target ?
    Thanks, Freedom Bravo
    Sep 28, 2014. 02:16 PM | Likes Like |Link to Comment
  • Seadrill Ltd: Check The Risk Factors [View article]
    To my knowledge, there was never a denial, after all the "accusations" (?).
    Sep 7, 2014. 03:26 AM | Likes Like |Link to Comment
  • Seadrill Ltd: Check The Risk Factors [View article]
    Exactly.
    Sep 7, 2014. 03:17 AM | Likes Like |Link to Comment
  • Seadrill Ltd: Check The Risk Factors [View article]
    @Debutant: I think we have established that KingFishXX is 'Prudent' in disguise (with a slight twist)....hence, No Profile.

    Freedom Bravo
    Sep 7, 2014. 03:05 AM | Likes Like |Link to Comment
  • Why Westport Innovations Is A Buy After Weak Second-Quarter Results [View article]
    @WPSPIKER > I wouldn't expect our US Government to give any Nat Gas "blessing......" ! Too many powerful Petroleum Lobbyists, don't you think ? I agree it would be very beneficial in so many respects (environmental, economical, less OPEC ($) dependence, less foreign dependence, etc.) but highly unlikely. IMHO. However, I remain long on CLNE and WPRT, without any gov't assistance. It will still happen.

    Freedom Bravo
    Aug 30, 2014. 03:15 AM | 1 Like Like |Link to Comment
COMMENTS STATS
262 Comments
148 Likes