keep falling. now down to 33 cents from 36 cents. Again, the fleet is doing well but Bragg is diluting and diluting every quarter. less for stock holders. thats the problem. What are you going to say when we deliver 9 cents in Feb and the stock is trading at a measily 1.95-2.05?? Investors need more in return for the level of risk in this stock. As rates go up, EM risk goes way up and our counter parties are mostly in EM that are heavily indebted. As their credit quality goes down VTG goes down and risk goes up. Get it.
Only shot we have is a huge settlement with SU. But even a 50mm share settlement only bring eps up to 42 cents. Looking forward to selling in Feb.
E-Trade is showing .34 cents... Down .01 cent.... Expect a few EPS beat's in 2014 anyways !!!!! 2015 estimate also down .01 cent from .42 to .41 ... With a PE of around 5 stock a great buy... Expect 2/3 of SU shares or better.