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Transocean Ltd. Message Board

  • stoxtxholdem stoxtxholdem Feb 24, 2013 1:19 PM Flag

    Don't waver on RIG....here's why

    People on this board seems to be disappointed or can't understand that RIG isn't in the $60s or higher. Well, my advise is mortgage your house and buy as much as you can here. The reason? See below:

    Well, we've heard all of these things: Icahn, divi coming, macondo settlement, etc. But, on the other hand the negatives are cost going up, day rate flattening, mocondo is still not so sure behind us. Yada, Yada, Yada...

    Now, the real reason I want you all to mortgate your house and buy as much as you can is....this moment is the inflection point. Macondo will be behiind us. Divi will be coming. But, the REAL catalyst is time...how much time? 12 - 18 months is what the market looks at. So what? Well, buy a ton now because starting at the next earnings report the stock will start to shoot up because in 12-18 months Asgard and Invictus will be in service and then followed up by 4 more deepwater drill ships. That's why! Remember wallshtreet looks 12-18 months, so before they act, you all act now and buy buy buy!

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    • Even before Asgard and Invictus are in service, the company would have shown that they are indeed increasing efficiency and controlling costs, divi will have been declared, and rates will have been going up due to more projects by Petrobas, Africa, Asia, North Sea and Alaska opportunity in the drilling business.

 
RIG
13.59+0.66(+5.10%)Aug 28 4:00 PMEDT