Does anyone have any insight (besides general market downturn)
into/about what is happening to ACI's stock price? Am I overlooking something? Thanks for any assistance.
Yeh, We're dead. Just like this
Employees that have been tossed aside for "growth" die for
Ashland Oil----Ashland----Marathon----whatever, doesn't
give a shit about employees, or the normal common
stockholders for that matter (in my opinion).
respect to another poster's message, I believe that the
financial advisors of ARCH know axactly what the're doing!
Is it in the best inerest of the common
shareholders......I don't know. Is it in the best interest of the
preferred stockholders... maybe.
No Response from Pat.....When is Arch going to
get some real financial leadership?
its Eastern time, or Massey time, or anyplace else
time for either Pat or for everyone else that hasn't
already gone anyplace else to get away from the
self-centered, self-aggrandizing,and self-inflicted
self-destruction style of financial leadership that Arch presently
Yes, there are dozens,
if not hundreds that visit this site 2 or 3 times a
week, if not more. I've talked to a few former ACI
employees who are interested in Arch. I must say there are
some 'sour grapes' in the lot and they don't hesitate
to give their opinions on the company.
held shares of Arch stock for some time, so I'm not
surprised by a $14-$30 swing in price. Luckilly, I sold
most of mine at $30 earlier this year. I can't
complain about that.
If someone would give $25 for
my remaining shares now, I'd take it in a heartbeat.
I may call by broker
Will you have a
job a year from now? If you're associated with the
old Ashland Coal group and still work in Ky. or
WV.-------no, you probably won't.
Oh yea, you guys who
post those detailed analytical notes on this board
about the company's future.....well, if you're not on
the Arch payroll doing that for promotional purposes,
you need to get a life! NO ONE is going to give you,
or expect to receive, any significant info about the
company on this chat box.
Is anyone reading this or going to respond? Two
of us have ask some thought provoking questions and
no one in the world of internet seems interested. Is
anyone else at Arch interested enough to comment?
With the recent aquisiton of ARCO Coal's assets
for more than 1.4 billion the company is highly
leveraged. Add soft energy prices and the market downturn -
the recipe is not good for the short term. ACI may
have had some losses associated with the merger with
Ashland last year. With all the aquisitions and mergers
over the last two years, ACI is now having some
"growing pains". Even they though posted a great quarter
it will take a few more before market sentiment
turns around. That may be a hard trick to pull off in
the current coal market. The heat wave in TEXAS
ceratainly doesn't hurt. As the ARCO properties are heavily
(> 30% as higher priced contracts) dependant on
Texas utility usage.
Next 6 months will be the tale
of the tape on this one. I believe in the long run
(1-3 years) you will see some real ROI. they have an
aggressive management and marketing team that is dedicated
to low cost production. Hope this helps
What are the risks that those above market coal
contracts are renegotiated or when do these contracts
What impact would this have on ACI
How long will it take to pay down debt to a
I appreciate your thorough and incisive analysis.
Many thanks. I have held ACI for more than five years,
so I certainly can hold a few more years. When the
last merger was completed earlier in the year, I
recall the stock hitting 30, so there was some euphoria
on the Street.
What do you believe we can
expect from the aggressive management besides dedication
to low-cost production? More mergers? Something
tangible for the stockholders, like a dividend increase or
repurchase of shares? Of course, those are probably out of
the question if the company is so highly leveraged.
Again, thanks for responding.