You can hold HEK wishing, praying, and checking the price every day or 20 times a day. Blus Sky wishes aren't going to change the fact that this stock has atrocious fundamentals. And, the only access HEK has to capital is equity, joint venture, revenue financing or being taken over. There isn't a Bank on the Planet that would loan HEK a dime based on the fundamentals of the company. Nat Gas is a bridge fuel and the domestic supplies are enormous. Unfortunately, XOM and other super majors, mid majors and well-healed companies are aware of that fact too. And, when it comes to competing in that arena, you're backing the wrong horse w/ HEK. If specualtion means losing your money, then hang in there -- if specualation means hitting a home run w/ HEK, you're dreaming.
Wells Fargo has given HEK a quarter of a BILLION dollar LOC with a 100 Million dollar accelerator after the quarter of a BILLION in senior notes were snapped up at 9-7/8% interest. They have no problem getting money! A quarter of a Billion dollars in ebitda in 2013 and still growing.
SBUX is on the verge of a major fall
By awinkandasmile_m . Apr 1, 2005 1:13 PM . Permalink
With the incessant raising of coffee prices charged at SBUX stores as well as the huge number of competitors in the space, SBUX's future looks somewhat dismal. More and more signs are evident of buying lattes and assorted coffee products for 50-60% of SBUX's prices. And, when it's all said and done, coffee beans and water isn't a proprietary niche.
SBUX has bred competition by continuing the raise coffee prices on an almost monthly basis.