Can you say guidance is massively lowballed ???? Analysts were incredulous at the 09 guidance being discussed and I can't say I blame them. Looks to be low by well over $500 mil EBITDA by my calcs.
More Drama at Cleveland-Cliffs: Harbinger To Block Deal? [View article]
Isn't there also a $100 mil penalty paid to ANR if the deal falls through ?
Not a bad result; I think ANR will hit a higher valuation on its own anyway as they should earn $33 in '09 and $45 in '10 using the Citicorp analyst coal price forecast. 4th grade math tells you to go way LONG ANR.
Don't worry too too much about the hedge funds who are selling their coals to free up cash to cover their shorts on the DEAD AND DYING FINANCIALS and just trying to scare up some cheap coal shares at the same time...
They will be covering their coal shorts next week and buying back in long as the rest of the coals report, including the heavy MET coal producers ANR and PCX on July 29. I'm betting yesterday July 24 was the panic bottom for coals in 2008. Both ANR and PCX closed above their respective 50 DMA's today, MACD's and RSI's are turning back positive as well...
Mark it down... yell at me if I'm wrong. I will still be long ANR and PCX.
China Sky One Hits New High on Positive Guidance [View article]
Been followoing this one since $8 a year ago. Will be a huge winner. Today's news of another product added with $3 mil rev forecasted for Q4 is icing on the cake !
Yeah China is justy "muddling along" as your prior inaccurate speculative nonsensical article said. Wonder why the World Bank RAISED China GDP to 9.8% in 2008. Moron.
World Bank raises China growth forecast Thursday June 19, 7:51 am ET By Elaine Kurtenbach, AP Business Writer China weathering global slump better than expected, World Bank says as it raises GDP forecast
SHANGHAI, China (AP) -- China's economy is weathering the global slowdown better than expected, the World Bank said Thursday as it raised its growth forecast for the Asian giant to 9.8 percent from 9.4 percent.
China Pharma Delivers on Improved Financials Promise [View article]
yeah Novartis is a great really exciting way to make 5% - 10% on your money if things work out - WHOO HOO!!!
We're looking at making like 50%+ with a basket of these China plays. CPHI is one of mine and is WAY undervalued especially if they are suiccessful collecting their AR's...
China North East Petroleum: Strong Growth, Clear Visibility [View article]
good job explaining the business and financial model - it ties in closely with what I've put together. Can you cover why reserves in the 10-K are so low relative to the opportunity ?
That the owners were quite willing to dilute existing shareholders by a factor of almost 5 (WHAT!*&())(^#%#@!... without previous discussion of the magnitude of such dilution is criminal. I would stay as far away from this diluting POS as possible. Simply, the owners/management can NOT be trusted.
China Outlook: Policy Adjustment Risks May Be Growing [View article]
You are completely FOS and will be proven wrong. China has by far the best fundamentals of the Big 7 . Lords knows how low the US would go if China caught a cold.... You have it absolutely ass backwards. The US is in deep trouble with only China and India to bail them out.
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Rent to value ratios of 25-30 make no economic sense and with incomes falling and unemployment rising something has to give -
Hint: it's home values and they are gonna keep dropping as fast as a toilet flush from the Sears tower.
Patriot Coal Corporation Q2 2008 Earnings Call Transcript [View article]
More Drama at Cleveland-Cliffs: Harbinger To Block Deal? [View article]
Not a bad result; I think ANR will hit a higher valuation on its own anyway as they should earn $33 in '09 and $45 in '10 using the Citicorp analyst coal price forecast. 4th grade math tells you to go way LONG ANR.
Don't worry too too much about the hedge funds who are selling their coals to free up cash to cover their shorts on the DEAD AND DYING FINANCIALS and just trying to scare up some cheap coal shares at the same time...
They will be covering their coal shorts next week and buying back in long as the rest of the coals report, including the heavy MET coal producers ANR and PCX on July 29. I'm betting yesterday July 24 was the panic bottom for coals in 2008. Both ANR and PCX closed above their respective 50 DMA's today, MACD's and RSI's are turning back positive as well...
Mark it down... yell at me if I'm wrong. I will still be long ANR and PCX.
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Overowned, overrated, massively overvalued.
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World Bank raises China growth forecast
Thursday June 19, 7:51 am ET
By Elaine Kurtenbach, AP Business Writer
China weathering global slump better than expected, World Bank says as it raises GDP forecast
SHANGHAI, China (AP) -- China's economy is weathering the global slowdown better than expected, the World Bank said Thursday as it raised its growth forecast for the Asian giant to 9.8 percent from 9.4 percent.
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China Pharma Delivers on Improved Financials Promise [View article]
We're looking at making like 50%+ with a basket of these China plays. CPHI is one of mine and is WAY undervalued especially if they are suiccessful collecting their AR's...
China Sputters Along [View article]
What are you smokin dude ?
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China Outlook: Policy Adjustment Risks May Be Growing [View article]