Seeking Alpha

yeti786

yeti786
Send Message
View as an RSS Feed
View yeti786's Comments BY TICKER:
Latest  |  Highest rated
  • Anthem faces lawsuits as it moves to minimize coverage of expensive hep C meds [View news story]
    The price reduction secured by Insurers from drug pharma should go towards reducing cost of treatment to patients and premium paid by insurees/patients; only then would their fight for lower drug pricing be considered noble and bonafide. If it goes towards increase in pay of senior Management and fat bonuses to them, their motives are suspect.
    May 26, 2015. 12:39 PM | 4 Likes Like |Link to Comment
  • Hong Kong/China: Two Lucrative Schemes [View article]
    An interesting and unusual approach!

    A lot of us are not familiar with foreign/Chinese shares using USA based brokerage firms. Would appreciate it if you can kindly explain how to go about buying Hong Kong Exchanges and Clearing (388) as well as H-shares and HS H-share ETF listed in Hong Kong (2828). Do the have any special ticker symbol to go by on the NYSE?

    Thank you for your inputs!
    May 25, 2015. 08:07 AM | Likes Like |Link to Comment
  • What It Really Costs To Mine Gold: The Goldcorp 2015 First Quarter Edition [View article]
    Hello, Hebba!

    Reference your latest news letter - thanks again for some interesting reading!

    Food for thought:
    1. Last 9 months oil prices are much lower than a yr back.
    2. Most miners are into high grading.
    Both above should have shown huge positive impact on all in costs; alas, not so going by your reports. (To me your reports imply most miners are struggling to just break even.)

    If this be true, the question lingering in my mind is -
    [a] If USD goes higher in coming months (as some analysts do suggest),
    [b] If oil price has bottomed and keeps rising,
    [c] Interest rates go up later this yr making debt expensive,
    [d] High grading cannot be sustained indefinitely,
    [e] Gold price dips lower sub 1200 or even sub 1100 as may experts proclaim...
    What happens to costs of mining gold, profit margins and of course stock price of gold miners?

    Have these factors been factored in to current price of gold miners? If not, and above factors are real possibilities, could you please do a detailed evaluation of their impact on the most profitable gold miners?

    Are there any miners that will continue to profit if all above do come to pass?

    The best!
    May 18, 2015. 12:04 AM | Likes Like |Link to Comment
  • Traders' Positions Argue That Silver Buying Is Only Starting [View article]
    Hello, Adam!

    Always interesting to read your take on gold/silver.

    Some talk of a big bank (JPM?) having a very large short position in silver and simultaneously a huge hoard of physical. Care to analyse/comment on its implications?

    Thanks and the best!
    May 15, 2015. 10:47 PM | Likes Like |Link to Comment
  • Gilead: The Perspective Of A Non-Biotech Investor [View article]
    'Brilliant strategy to offer licensed production and secure market in the 3rd World?' That's more a PR gimmick and charity. Any which way, 3rd World countries with somewhat a different interpretation of IP and patents will duplicate it, so may as well exhibit a humanitarian face and take what one gets - that's what it likely is.

    Then again, income from the 3rd World - selling at a buck a pill in some countries, if I recall correctly - will be chick feed. I don't really see this dragging the price up much.

    Also wondering - given GILD's pricing maybe the liver transplant business should now be on a fire sale to compete?!
    May 8, 2015. 08:04 AM | Likes Like |Link to Comment
  • Investing In MLP Refineries For Higher Returns [View article]
    Your article much appreciated! I have had NTI and CVR on my radar for a long time now... just never been quite sure how to engage tgt! This reading does give me some idea...! But would appreciate to know how best to play them now.

    Another question is - how will they react to a market correction that most experts seem to be anticipating anytime now? Are these stocks price sensitive/brittle? Any tips on damage control?

    Thanks so much!
    May 5, 2015. 01:16 PM | 2 Likes Like |Link to Comment
  • Gilead Blows The Cover Off The Q1 Earnings Ball And Is Ready For A Breakout [View article]
    If all is hunky-dory, why has GILD been sliding since yesterday? Any rationale?
    May 5, 2015. 01:04 PM | Likes Like |Link to Comment
  • Celgene's Plan For Life After Revlimid, With Discussion Of Q1 Earnings [View article]
    Hello Doc!
    You mentioned a patent hearing in Europe... when is it due? In what manner is it likely to affect share price either way? Thanks!
    May 4, 2015. 01:05 PM | Likes Like |Link to Comment
  • Avoid Newmont Mining [View article]
    Hello, James!

    Thanks for the inputs. Permit me to clarify my view point:
    1. EPS ‘beat’: Who lays the standard to define this? On what basis? Increasingly there is a trend to lower the standards so all can ‘pass’. (Don’t forget most miners are now high grading and jettisoning non performing assets and manipulating figures – its not only gold price that is manipulated - to make their balance sheets and earnings look good. When these easy cost reduction gimmicks are exhausted let’s see what they shovel up.)
    2. 28% advance in 2015: My point remains – NEM has never been so cheap last 10 yrs, and so a bounce is no big deal. (There was a gap down from 25 a few months back; I guess NEM just closed it by xg 26.)
    3. An advance of 40% from Dec lows: Sure, if one could “predict it and time it and have the guts to bite the bullet.” If you have such talent, there are a dozen bio-techs that did better (more than 100%) in the same period. Surely you also caught a couple of those. Like I said, gold miners are not the best investment or trade today. Then again, depending on one’s horizon, even in gold miners there are better plays available - as anyone into gold in a serious way is doubtless aware.
    4. NEM Dividend: $0.025 = 0.5% annually? Pathetic. Period. As to better dividends when gold price rises to $1500… ah! How much better? And when will that be – in thunder, lightning or in rain?! Even with NEM at $75 plus a few yrs back dividend was a dismal 2.5%. People who invest seriously in gold have an international perspective. Look beyond your immediate horizon - See what kind of dividends are on offer on various asset classes internationally and then get back to me with your 0.025 or for that matter 2.5%… Please.
    5. NEM stock price performance in 2015: People into gold and gold miners usually have a long to very long term investment horizon - in multiple yrs. You base your arguments on a 4 month window? Let’s compare NEM’s net performance with several other gold miners a few yrs down the road. OK?
    6. Your projections of NEM price to $36 by Jun end and then to $44 shortly thereafter: No comment, I am not so clued up.
    7. Gold price during its super cycle leg up in 2020: Atta boy! You brighten my day! But if that be true, I still maintain that other gold miners are likely to offer better returns.

    8. Your comment of 27 Apr: Just saw it. You say GLD at 115 and green over green. Did you revisit after just 4 days on 1 May? - GLD down to 113, gold to 1178. Like I said, making bold statements based short term movements in gold is a myopic way to approach gold.

    Lastly: My earlier commentary (based on a post now missing) had 3 objectives to suggest:
    [a] There are better alternatives to NEM in the gold mining space.
    [b] Using Options to play this space in lieu of buying stock (as suggested by the author) is a safer bet.
    [c] Let’s not be unnecessarily rude or offensive.
    I still stand by all above.

    The best, ol’ boy!
    May 2, 2015. 03:50 AM | 2 Likes Like |Link to Comment
  • Fall And Rise Of The Indian Rupee [View article]
    Alpine:

    Srilanka, et al - You need to be part of the Modi's Strategic Think Tank or Advisory Group.... or what ever it is called.

    Meantime, AAP should surely welcome your ideas to the extent they can be applied to improve Delhi region.

    Bravo!
    May 1, 2015. 10:44 AM | Likes Like |Link to Comment
  • 2 Attractive GARP Drugmakers [View article]
    Hello, Bret!

    Apropos GILD: If one recalls correctly, you had/have a target of 120 for Dec 15. Given how the share price has been behaving last several months, the down draft in bio tech currently underway, the seemingly toppy market, can you please re visit it and advise strategies to neutralise current negative price action and sentiment?

    Thanks! The best!
    May 1, 2015. 02:47 AM | Likes Like |Link to Comment
  • A Big Fat Eldorado Gold Greek Crisis [View article]
    "Eldorado Gold could likely stop further development at the Skouries project, lay off thousands of workers and keep the project on care and maintenance."

    EGO employs about 2000 workers there. How many may get laid off? Certainly not 'thousands' as this article suggests. What is the net impact?

    Maybe EGO pays the 1.7 million tax evasion claimed by Greece and gets on with the job.
    Apr 25, 2015. 04:23 PM | Likes Like |Link to Comment
  • Avoid Newmont Mining [View article]
    One swallow a summer does not make. Facts of the matter are:

    1. There are far better alternatives to NEM in the gold miners space right now.
    2. Tying up money in the floundering gold mining industry may not the best investment right now, but this depends on one's investment horizon and objectives.
    3. NEM price has not been so low since maybe 2001... that should tell us all something.
    4. Investing via Options in current situation (if one is so enamoured by NEM) such that it limits your losses and conserves 80% of your cash is not bad advice.
    5. NEM's dividend is pittance, adequately neutralised by the 80% conservation of cash (using Options) which can be employed elsewhere for better returns or for diversification.
    6. This site is not an online English language school. It's a place to seek and exchange investing ideas.
    7. Let's keep it civil and factual.

    The best!
    Apr 25, 2015. 12:50 AM | 3 Likes Like |Link to Comment
  • 5 Reasons To Buy Platinum Rather Than Gold [View article]
    Historically true, but I am wondering...
    Is platinum undervalued in relation to gold or vice-versa - gold overvalued in relation to platinum?
    With most auto manufacturing economies doing poorly, how much platinum is likely to be used by the auto industry? Possibility of R&D to identify/develop cheaper alternatives to reduce use of expensive platinum?
    Thank you!
    Apr 21, 2015. 11:34 AM | Likes Like |Link to Comment
  • A Fink Speaks The Truth [View article]
    MAD..... ah! 'Those were there days my friend, I thought they'd never end....' Such a pity - both, those days and that fine magazine.....

    Thanks for yet another interesting read, George!
    Apr 18, 2015. 03:32 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
336 Comments
313 Likes