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engineman

engineman
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  • Solazyme Advances Its Agenda On Multiple Fronts [View article]
    There is certainly good medium upside potential to Solazyme but there remain some very real concerns.

    - the dilution of equities to raise capital for the expansion could be read as confidence by management. But it is also very early to raise any further construction capital when no existing facilities have proven profitable
    - Iowa may be producing some product but the company has not detailed at what percent of capacity they are producing and if it is producing profitably
    -Brazil has had its permits for several months, presumably for operation but this company has delayed the start up of this facility three times I am aware of. 2014 is not a production year, it is a ramp up year.
    - seeing so much short interest at the price of the newest dilution with the overall market at current levels is concerning. Who's gambling most, short or long?

    Good information, good company, lots of unknowns yet. I remain long on SZYM and hope the shorts get caught by awesome news.
    Apr 21, 2014. 10:37 AM | 8 Likes Like |Link to Comment
  • Sharks Are Closing-In On Clean Energy Fuels [View article]
    The article doesn't address fueling times. The big advantage of LNG over CNG was that it needs smaller tanks and second that it can be fueled in about the same time as diesel.

    For a 400hp truck with a 500 mile range, I have been in the understanding that the fueling time was more than it too to take a leak and get a coffee. And so fleet shirt range trucks were perfect for CNG as they could refuel on off hours at a fleet manifold.
    Feb 5, 2014. 12:50 PM | 3 Likes Like |Link to Comment
  • Natural Gas: Transport Or Export? [View article]
    Michael, I enjoyed your article immensely for connecting many dots and for presenting this very relevant issue. I admire your poise in replying to several comments on the position of exports so delicately, you are a pillar of patience.

    I have spent months reading on current initiatives and policies and can add the following:
    o the current nat. gas use for transportation in North America is just over 1% but is growing exponentially mostly from fleet use to date
    o the comment I disagree with most is that this is a socialist scheme. Westport Cummins has asked the US government to stay out of subsidies on NG transportation so they can go faster. CLNE is ready, there are currently 3.5 million trucks on the interstate network. It won't be until 3rd quarter 2013 that Westport's 11.9L 420hp unit will be on the road but this also includes having parts inventories and trained technicians at dealers
    o India and Iran are two of the nations with the highest nat. gas use. Iran decided to sell their oil, not use it. The US is in its infancy in terms of use and exports cash instead of keeping their money at home. Why is that? The answer is really sad and an achilles heel of the American "system".
    o selling a resource that you produce at less than a third of other nations rather than use to your advantage as an economic lever is stupidity. Is America really that subject to corporate priorities over that of the people
    o if America wants to export massively, use the NG to produce fertilizer. China and the Ukraine's costs have gone through the roof and the US is already increasing urea output. This is a big source of nat. gas use and is currently competitive with potash
    o think there aren't enough LNG tankers? Take a look at this link and scan it all, not the first page.
    http://bit.ly/rpsi8J
    o Australia has about 1.4% of the world's reserves, they are still developing and plan to expand. But so is global demand from giants like India and China and China wants commodity as badly as japan and Korea, even with spot prices as high as $13/Mbtu.. So prices are not going to drop substantially even with big supply increases
    o current legislation sets limits for new electric generation plants that are prohibitive to coal use to meet emission limits.
    o the supreme court's decision on unlimited campaign donations is indeed foolish as proven by the recent federal election
    o Exxon doesn't care two hoots about Americans as a whole so the government is there to play that role, like it or not.
    Feb 24, 2013. 08:16 AM | 3 Likes Like |Link to Comment
  • Solazyme Gains Momentum In Food Ingredients [View article]
    I like the ideas and direction to specialty oils

    Don't like the lack of real sales and contract information. This is the single biggest frustration. Investing always has hidden risks, this company's lack of information is higher than normal.

    Don't trust senior management at all after so many deceptions and the either stupidity/hidden agenda at Moema.

    Keven, thanks for describing WAP, even at $2, I see more 'honest' opportunities.

    Despite the Board and Sr. management, could this company still succeed, it's really really hard to say.
    Jan 24, 2015. 02:56 PM | 2 Likes Like |Link to Comment
  • Solazyme Gains Momentum In Food Ingredients [View article]
    The Fool sure did change their position.
    Jan 24, 2015. 02:51 PM | 2 Likes Like |Link to Comment
  • Solazyme Gains Momentum In Food Ingredients [View article]
    The Angry Mob has held the equity longer and has read and read the statements and then heard incredulous reasons why the timeframes didn't happen by more than a year, why a plant designed to use electricity doesn't have electricity, why Solazyme implied they has customers fighting over specialty oils use and when oil drops,m they reveal it's a sampler customer market compared to full production volumes.
    Jan 24, 2015. 02:51 PM | 2 Likes Like |Link to Comment
  • How Solazyme's Encapso Serves As An Oilfield Enhancer [View article]
    I can't rationally read this article after reading the insider trades by officers of the firm moments before.

    So, while the Board reckons with the expenditures they made in Brazil without addressing reliability of power while ramping up slower than hoped at US facilities indicating many large customers would suck up all their production....

    They punish the company by exercising option for $0 to $2.35 and selling between $9 and $11 just before their redirected plan crashes the stock.

    This is isn't the type of impassioned executive that makes companies soar ro success. A common story in other firms too perhaps but greed is a strong motivator to behaviour.

    An one analyst noted, what a great stock to use for capital losses on profits from viable companies!
    Dec 12, 2014. 10:38 AM | 2 Likes Like |Link to Comment
  • Westport Innovations: Buy On The Drop? [View article]
    I can't imagine that a fire sale of Westport to JV partners would hold water right now. All that would result is a huge class action over the value of patents and research.
    Dec 1, 2014. 12:56 PM | 2 Likes Like |Link to Comment
  • Solazyme Gains A Partner For Specialty Soap Production [View article]
    Nothing on paper really matters including price and trends until these guys produce something more than samples. Go long.
    Aug 20, 2014. 11:31 AM | 2 Likes Like |Link to Comment
  • Does This Corporate Villain Belong In Your Portfolio? [View article]
    The need to have pre-drill a relief well leaving only a plug wasn't required and the company didn't do it. other countries would have required this as part of approvals as the risk and consequences analyses can mean different things to different people and the industry never stops lobbying. So shame on the regulator.

    But BP knew as much as the government and could have elected to pre-drill a relief well. They didn't and the resulting casing failure caused an immense disaster. Then they spent lots on public relations, spent lots on lawyers trying to limit their liability and pushed back on small business on what they were responsible for.

    I doubt I have the highest returns on my investment dollars. But BP doesn't make my cut to be corporately ethical given their predator approach to responsbility. Even for an oil company.
    Feb 19, 2014. 12:00 PM | 2 Likes Like |Link to Comment
  • Biofuels defenders blast EPA plan to cut ethanol mandate [View news story]
    yes as the marketplace decides what risks they should take in drilling for oil in everyone's ocean or what risks caused a huge financial meltdown. No thanks ,government sets the regulations, private sector delivers the service
    Nov 16, 2013. 02:44 PM | 2 Likes Like |Link to Comment
  • Winner Takes All: The Super-Priority Status Of Derivatives [View article]
    Great article.. scary but quite informative. If my bank didn't get cleaned out ,the fall of the others will collapse the markets... again.
    Apr 9, 2013. 05:09 PM | 2 Likes Like |Link to Comment
  • Westport Innovations flies higher [View news story]
    well ,that was brief.
    Feb 10, 2015. 06:13 PM | 1 Like Like |Link to Comment
  • SunOpta: Why I Am Worried About A Possible Acquisition [View article]
    I was looking for facts and got speculation.

    IN your analyses of why a company has to overpay to gain a position in the natural/organic food industry, it occurs to me you are also saying that a company acquiring Sunopta would have to pay $60/share given that the apparent going ratio is 4x earnings and Sunoptatrades at 1x.

    Although Hallowe'en is over, I think you're trying to say 'BOO' to itchy shareholders. dressed as a short interest.
    Nov 18, 2014. 06:48 PM | 1 Like Like |Link to Comment
  • Why Solazyme's Pathway For Growth Is Beginning To Clear Up [View article]
    An informative article on Solazyme.

    I was surprised to see the US facilities commissioned. Several times the company had made comments in the media about Brazil. The stock took a dive after a fourth quarter opening was missed for "early" in 2014.

    Finding news about the Solazyme Bunge effort is near impossible, to me it is the elephant in the room. Is there any insight as to the opening in Brazil?

    Then the company and its investors (excepting the short people) can worry about efficacy as the company gets underway
    Feb 19, 2014. 08:29 AM | 1 Like Like |Link to Comment
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28 Comments
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