Unfortunately, the poor copper price environment seems unlikely to let up soon. The survey cited disappointing demand growth along with growing supply for copper’s pains, but Alway stressed that it’s mostly a supply story.
Overall, Thomson Reuters sees the copper surplus widening from 316,000 tonnes in 2014 to 399,000 tonnes in 2015, based on just over a 3 percent growth in mine production and a consumption growth rate year-on-year of just under 3 percent. “So just over and just under. That’s a pretty poor growth rate,” said Alway. He added that he wasn’t too worried about demand, and was more concerned about how bad the surplus will be.
(I thought there was a small deficit last year).
“There’s so much in ramp-up, and there’s so much new supply which is coming through the pipeline, It’s really about growth in the near term,” he said . “It’s a supply story really.” “If you look at what’s happening to treatment charges – what [smelters can] charge producers – they’re going up,” Alway said. “That tells us there’s a surplus of concentrate … so that should give us enough headroom for a little bit of disruption.”
Bwhahahahahaha........and this was three days ago!!
JJ's resignation might help? Or, an announcement that the company has been sold to Fram, Purolater, Bosh, Motorcraft, etc.! All bozos driving this bus, IMO.
"How do they clearly show anything?"
Do you they speak English in What murderf'ker? Do you understand the meaning of "somewhat" vs. "clearly"? And guidance is about the future, not about current YoY numbers. More on!
... pump Station paying $5/ gallon ice Guzzling fuel All of a Sudden" with Crud about to be at the 60s in NO TIME!!!! "1 should have bought a Tesla"!!! Dd Accumulate!!!
Sentiment: Strong Buy
Who cares about these " day traders " . Once revenues are rolling , the price roller coaster ride will stop.
Website came online 1 month ago, that's when enrollment will increase & should show steady increase each qtr. , when consistent revenue increases are seen each qtr , public will jump on this stock.
( I see no reason why this won't happen )
Take a hint loser....have the common decency to quit this board and go somewhere else that might want you.
It is no different than the slight reduction in oil production. When it finally slides the market knows it can go fast. A 50 % reduction in rigs could cause a 50% price spike if not remedied. However, it is always remedied by higher prices.
Please go and ph ark yourself or the guy in the boiler room cubicle next to you. LMAO - Oh hurry jump on the board - bash, bash, bash while it's down. LMAO again - So obvious.
Good news today copper is up 3.64% and Nickel is up 4.57% Gold and silver along with PT/PD are all being falsely manipulated by commercial shorts mainly JPM and a few others. In terms of US dollars PGM'S will have their day , almost everywhere else in the world precious metals are doing fairly well. By the way I sent you an invite via your yahoo mail box ....
just a logical conclusion from yesterday release.
obviously Harvey B. could not defend and was not able to find suitable buyer on his own. but he is cooperating now and rather sells to reputable CO. than giving it up to Sarrisa's Alex B. to make history for him.
bottom line ARIAD will be sold rather sooner than later. you don't want to keep company in this state for too long.
I will call for $15 to $18 offer. At $3B it's just 15% of Pharmacyclics. If you look at the pipeline closely it is not very different form ARIAD's assuming future increased population and line of therapy for Iclusig, and Brigatnib will have much larger application.
This will cost larger biotech/pharma at least 2x of $3B takeover offer for ARIA. Arid came from $5B valuation, while risks are much lower now.
Can't find less risky biotech on the takeover market right now.
Yes, I think that is the tricky part in this last results. YoY, Nokia technologies went from 131 million euros in sales, with and operating margin of 65,6% or 86 million in operating profit in 1Q 2014, to 266 million in sales and an operating margin of 72,6%, or 193 million operating profit in 1Q 2015.
But it is also true that 2/3 of that increase are due to non-recurring profits, so that comes to 128 million in operating profits.
However, I think, and this is a blind guess of course, the news that came days before, when Nokia stated that they were no going to enter in the smart phone segment again as a manufacturer (but did not say they would not design and the license the brand), is very dependent on what they get (or don´t get) from Samsung and other manufacturers this and next year. So they have those two options open. If they don´t get what they think they deserve, the only way to go is to license.
And maybe in US this is not considered a big threat, but in Europe and other parts of the world, Nokia is still in the mind of consumers, and it would come with their own version of Android, so now to a much broader market.
I remember, not that long ago, when analysts gave Nokia Networks Zero value too, and most to the Devices and services. And also what happened next. It is a bad day to say this, but, as it happened then, Nokia has more cards on their hands than what many think now.