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Econovan

Econovan
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  • Investments In Renewable Energy One Reason Among Many For A Bullish View On Duke [View article]
    Jerrydd, I don't have time to look up all your acronyms. I think you said something meaningful but being from outside FLA I just can't understand the TLAs.
    Aug 29, 2015. 11:34 AM | Likes Like |Link to Comment
  • Schlumberger Has 15% Downside Risk [View article]
    Got it for $69 today. They paid a bit too much for CAM but at least they did it with their eyes open (as opposed to HAL which got whacked from their blind side).
    Aug 26, 2015. 04:31 PM | 1 Like Like |Link to Comment
  • Cameron International Is Headed For A Fall [View article]
    The premium on CAM was taken out of SLB's stock today, so the scales were just rebalanced. I was looking for SLB under 70 and got it today. Hoping SLB knows what they are doing; at least it wasn't ill-timed like HAL/BHI.
    Aug 26, 2015. 04:21 PM | Likes Like |Link to Comment
  • 3 Things: Fed Stumbles, Buybacks, Stock Decline [View article]
    Conga - maybe you missed my point. The Fed is out of ammunition and they never really solved the problem, just enabled the government to kick the can while policy makers made the problems worse and debts compounded. I could list a few more economy killers like growing entitlements, taxes that encourage companies to eliminate jobs in America, secular trends toward automation that concentrate wealth at the top while old politicians are blinded by lobbyist money, the list goes on... The Fed may have tried to help but in the end they were just enablers, counting on visions from the past to rescue the economy while they held back the growing tide of debt.
    Aug 22, 2015. 03:04 PM | Likes Like |Link to Comment
  • 3 Things: Fed Stumbles, Buybacks, Stock Decline [View article]
    Clearly, without a doubt, the job of protecting the economy lies not with the Federal Reserve but with our misguided policy makers in Washington. 2017 is too late to solve that problem. Dodd-Frank, EPA carbon taxes, Keystone gridlock, and various other anti-employer policies need to be changed ASAP.
    Aug 21, 2015. 10:06 AM | Likes Like |Link to Comment
  • Schlumberger Has 15% Downside Risk [View article]
    Wow, that's a pretty dialectic evaluation! Thanks, I think I'll hold my underweight position for a while and see if $70 comes my way.
    Aug 17, 2015. 05:20 PM | Likes Like |Link to Comment
  • Why Martin Armstrong Predicts Major Sovereign Debt Crisis Beginning October 1, 2015 [View article]
    Is he related to Herbert W. Armstrong? Not to sound flippant, but he didn't mention the Shemitah. He could be right, but I wouldn't sell anything short based on that date.
    Aug 17, 2015. 05:03 PM | Likes Like |Link to Comment
  • The 16 Best Stocks For Value Investors This Week - 8/1/15 [View article]
    I don't know if this article is generated by an algorithm, but it makes little sense to me.
    Aug 4, 2015. 11:21 AM | Likes Like |Link to Comment
  • Exxon Mobil - What To Do After Friday's Sell-Off [View article]
    We must be looking at different data. I'm very long and have been for a very long time. Yes they can continue to pay the dividend but it will come at the expense of CAPEX which means reserve depletion. At this point that's the right thing to do, but the book value will continue to decline until oil makes a turn or they get the opportunity to pick up cheap reserves from the boneyards of other failed companies.

    Anyway my data says FCF for the last 12 months was around 5.5B while they paid out around 13B in dividends and spent another 12B on stock buybacks. That leaves a big gap that had to be filled with borrowing or asset sales.
    Aug 3, 2015. 09:36 PM | 3 Likes Like |Link to Comment
  • Exxon Mobil - What To Do After Friday's Sell-Off [View article]
    Exxon does not have enough FCF to pay the dividend according to the research reports I have read. They need to spend to keep their production level up and thus don't have enough left over to pay dividends and support buy-back program. All that means they have an unsustainable business that must be rescued by higher oil prices or they will need to streamline their business, continue borrowing and/or cut their dividend. I know they can borrow easily now, but for how long. I hate to bank my future on China coming back, but that may be their only way out of this long slow decline.
    Aug 3, 2015. 06:44 PM | 1 Like Like |Link to Comment
  • Kinder Morgan - The Time To Buy Is Now [View article]
    "MLPs should gain more favor with investors and the government as they are usually safer, more cost-effective, and faster at transporting commodities."

    MLP is a tax structure, I think you meant something like "Pipeline operators"? KMI is not an MLP right?
    Jul 29, 2015. 01:04 PM | Likes Like |Link to Comment
  • Gilead: Buy The Dip Before Tuesday's Results [View article]
    Is GILD headquartered in Missouri? Sure seems that way sometimes.
    Jul 29, 2015. 10:54 AM | Likes Like |Link to Comment
  • Gilead Sciences Beats And Guidance Raise Give It Room To Run Upward [View article]
    Good article, well balanced. I appreciate having an explanation for GILD undervaluation, instead of just the rosy stuff. Thanks!
    Jul 29, 2015. 10:53 AM | 2 Likes Like |Link to Comment
  • Gilead Q2 top line up 27%; EPS up 33%; revenue guidance raised [View news story]
    Wow you guys need jerseys and face paint!
    Jul 28, 2015. 05:05 PM | 3 Likes Like |Link to Comment
  • Why Cummins Stock Is An Opportunity Right Now [View article]
    Thanks gfmn2000, exactly. The market seems to be pricing in a much slower growth rate, so why don't the analysts reflect that sentiment? I have found that usually the market is right and the analysts are either wrong or too slow to react to changing conditions. However, I'm long CMI hoping the market is wrong this time.
    Jul 18, 2015. 03:31 PM | Likes Like |Link to Comment
COMMENTS STATS
148 Comments
184 Likes