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Arch Coal Inc. Message Board

  • jkwelli jkwelli Jun 30, 2013 9:15 AM Flag

    Buyback? $1 Billion Cash, $5 Billion Debt. $330 Million Annual Loss

    Really don't know where some people get their ideas.

    With $1 Billion in cash, $5 Billion in debt and $330 million annual loss, ACI will NOT be buying back

    Who know what the 2014 annual loss will be?

    ACI, like some other coals, would do well to avoid bankruptcy yet some shout buy back shares.

    Have seen articles about China's electric usage dropping.

    The next 12 months will be interesting. We will see whether China will crash as some predict.
    Or, whether they can successfully let the air out of their credit bubble without themselves and
    the rest of the world tanking.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • "Have seen articles about China's electric usage dropping"

      Are you saying that you think China is going to consume less electricity in 2013 than in 2012?
      Or less electricity in H2 2013 than H2 2012? Do you want to go on record about that?

      Sentiment: Hold

      • 1 Reply to red_gorilla_ff0000
      • Yesterday I read an article that said China's growth was going to be about 2.85%
        The article said one can infer electric usage based on their GDP.

        I believe China's PMI dropped as reported this morning from 50.8 to 50.1.

        People can't have it both ways.

        They can't say China is going to grow like crazy and consume a lot of coal yet say on the other hand that if China's growth drops off then it is meaning less to coal.

        That is what I am saying and that is what I said.

    • Makes a lot of sense....borrow money & do nothing with it. Your post is one of the most useless I have ever read. I doubt my response will make any sense to you either.

      • 2 Replies to investguru72
      • Perhaps you can tell me why you made the following post days before you said you bought ACI.

        These are YOUR posts:
        - There will be no squeeze in coal
        - Jun 26, 2013 4:23 PM Been hearing squeeze talk for a year or more. Shorts have nothing to be worried abt, especially the management of ACI or other coal companies. They are all clowns
        - Coal is dead in America. Export or just liquidate. Nothing left of any of these companies.

        There more like this.
        So you say ACI management is all clowns yet you said days later you bought 30,000 share in the company.

        Hmm. I have my own opinion as to who the clown might be.

      • LOL. Yeah I know you don't understand a $330 million loss, debt, etc.

        Sand is warm, I think I will stick my head in and ignore the water.

        OK, So let's see. you offered nothing but a USELESS personal attack with no data to support anything. Very compelling.

        I suggested that ACI will NOT do a share buyback as some bozos(you?) suggest based on their recent sale of assets.

        IMO if they do a buyback with their financial condition, it would be stupid and reason enough not to own this stock.

        Lets see who is right over next 3-4 months. I say no buy back.

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