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njsteve59

njsteve59
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  • Transocean beats by $0.49, beats on revenue [View news story]
    Agreed, Tridentine. RIG is forever in the crosshairs of the bears. Even the
    4.25% + distribution and the pending spinoff of the MLP doesn't stop the downgrades and ridiculously low price targets. I am a long (suffering) shareholder, but plan to add to my position after the earnings call.
    Aug 7, 2014. 07:46 AM | Likes Like |Link to Comment
  • U.S. proposes major change to LNG export decision-making process [View news story]
    I actually agree with that,Ephud. Expedite means more competition for Cheniere sooner. I don't think the market is digging as deep as you are, though LNG still has a three year head start.

    Consider Energy Transfer's Lake Charles facility, almost completely through the approval process, with production targeted to commence in 2018.
    May 30, 2014. 07:54 AM | Likes Like |Link to Comment
  • U.S. proposes major change to LNG export decision-making process [View news story]
    Folks...
    Don't invest on your ideology. Expedite means expedite, or at the very least it doesn't mean slow down. The economy is improving (though slower than we would like) and the market overall reflects that.

    Full disclosure...I am long LNG, CQP, TGP based on this thesis that has been staring us all in the face since THIS administration expedited the approval process on the Sabine Pass liquefaction terminal.
    May 29, 2014. 08:43 PM | 6 Likes Like |Link to Comment
  • Transocean: Market Is Pricing Extremely Pessimistic Scenarios [View article]
    Yes, Profit Positions, happily stand corrected on the .75 vs. .65. And thank you for the the furtherance of your cash flow analysis.
    May 12, 2014. 07:42 AM | Likes Like |Link to Comment
  • Transocean: Market Is Pricing Extremely Pessimistic Scenarios [View article]
    Interesting article and comments. Full disclosure: I am long(suffering) RIG and RIG Leaps for 2015. What is everyone's feelings on the projected dividend boost to .65 per quarter? Even in the very worst CF analysis, that seems to be easy for RIG to handle, putting the yield over 6% based on Friday's close.
    May 11, 2014. 04:44 PM | Likes Like |Link to Comment
  • We Have Been Right About Freeport All Along [View article]
    The price plunge /dividend elimination scenario is highly unlikely, given this quarter's results. And last I heard the global economy was expanding, not contracting.
    Oct 23, 2013. 10:55 AM | 1 Like Like |Link to Comment
  • Regency Energy buys PVR Partners for $5.6B [View news story]
    Agreed. Coal assets have kept PVR down, and that's how RGP picked up PVR on the cheap. One other thing, the RGP press release indicates that the acquisition is dilutive, but RGP plans to stick to their distribution growth plans for 2014. RGP has a history of increasing their distribution in half-cent increments over two or three quarters (when they do increase it, that is). They just increased in the last payout. Is this foretelling things to come, and is RGP getting bashed unnecessarily?
    Oct 10, 2013. 12:33 PM | Likes Like |Link to Comment
  • Transocean downgraded at Johnson Rice [View news story]
    Agreed, Saratogahawk.
    Aug 16, 2013. 12:42 PM | Likes Like |Link to Comment
  • A Substantial Rebound In Mosaic Stock Seems Inevitable [View article]
    There's something else that I like to call the "BHP PUT". MOS market cap is a little under 19 billion. BHP has invested 2 billion in a potash mine in Saskatchewan, with another 14 billion needed for completion. That project is naturally on hold. But it would seem to me that this provides a floor to MOS share price, as MOS is much more than a Saskatchewan potash producer, as detailed so very well by the author. Kudos to those who got in recently. Full disclosure: I am a long-term holder at average 44, (and for now, a short term sufferer). I see no practical reason to sell now, and additionally I would suspect the Margarat Cargill trust feels the same. I am preparing for a bumpy ride, and adding to my position opportunistically.
    Aug 13, 2013. 08:50 AM | Likes Like |Link to Comment
  • Caught in the backdraft of Caterpillar's decline (Chanos says he's short) are Joy Global (JOY -1.7%) and Deere (DE -1.5%). [View news story]
    So the president made DE go down? I don't think we could make any money with that kind of research.
    Jul 17, 2013. 05:08 PM | 1 Like Like |Link to Comment
  • Caught in the backdraft of Caterpillar's decline (Chanos says he's short) are Joy Global (JOY -1.7%) and Deere (DE -1.5%). [View news story]
    DE going down is the president's fault? Amazing.
    Jul 17, 2013. 05:08 PM | 1 Like Like |Link to Comment
  • Carl Icahn Demands That Transocean Start To Pay An 8% Dividend [View article]
    As a long-suffering Transocean shareholder, I so wish their was an in-between proposal, like adding (not replacing) three board members, and conditions under which management could pay a special dividend on top of the .56 per quarter proposed by the board. In the long run, though, even though I believe his proposal will fail, Icahn's activism will benefit the shareholders in the long run.
    Apr 7, 2013. 10:11 PM | Likes Like |Link to Comment
  • It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
    I believe the author has a political axe to grind. This is the same old poltically-driven doomsday rhetoric we have been hearing from certain media outlets, pointing to overseas issues, and then fantasizing about how our president wants to bring them home to us. The Cyprus situation is much more complex than layed out in the article.
    Mar 30, 2013. 03:02 PM | 2 Likes Like |Link to Comment
  • The Coming MLP Meltdown [View article]
    MLP Trader...
    I think you are conflating two unrelated issues.

    Carried interest allows a hedge fund manager to report income as captal gain, as their income is based on the capital gain of the accounts they manage, though it is not not their own capital gain.

    The MLP tax break on distributions is based on taxes being paid at the partnership level, and passing through to the unit holders net of taxation.

    One thing has nothing ot do with the other. There seems to be a regular panic on the change in tax status in MLPs (pre-fiscal cliff, most recently). Neither the Democrats or Republicans are gunning for it.
    Mar 15, 2013. 08:53 AM | 1 Like Like |Link to Comment
  • The Coming MLP Meltdown [View article]
    MLP Trader, you are conflating two very different issues.

    First, the carried interest deduction allows hedge fund managers to pay capital gains tax on their income, as their income is based on the capital gains of the accounts they manage.

    MLP distributions to unit holders are net of taxes, which if paid are paid at the partnership level.

    Neither the Democrats or Republicans seem to be gunning for this. A widespread panic based on rumor pre-fiscal cliff sent MLP unit prices down (and created some real buying opportunities). This seems to be the pattern.
    Mar 15, 2013. 08:51 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
15 Comments
15 Likes