storing solar energy in batteries makes no sense. Not cost effective, not even close.
I guess you could have people drawing afternoon solar in CA etc. into their EVs, but there probably aren't enough to matter. Plus what is unique to Tesla about this? They make overpriced whompy wheeled death traps.
you can actually use a direct link:
where the XXX is wmg or whatever stock you want.
60M+ shares today, probably trades its float every two weeks. I know a lot of that is just shares washing back and forth, but eventually the stock falls into "strong hands" who think there's value and won't sell without a change in news.
At some point...I don't see who is left to sell.
How do you figure debt exceeds asset values? The market cap of the stock is in effect net of debt. The stock fell because it was overvalued. Debt is only too high if it can't be easily serviced. I'd rather they invest in projects yielding 20% than pay down debt costing them 4%.
It would be better to sell us mi than declare bankruptcy. Scale down life? They've stopped sales. They'd sell it if they could. Has nothing to do with risk, has to do with survival. A drowning man would be a fool not to sell a hundred dollar watch for a life preserver. They don't need growth. They need capital.
Consumption changes with the weather. It didn't just fall 3% out of thin air.
Canada already exports all its oil to the us, so how is it going to increase them without increasing production, which takes years.
The debt is not paid has the potential to put the company in bankruptcy. They can't access any capital in the life companies, not yet anyway. If LTC doesn't need more reserve increases or the premium increases come through or the life is untangled from LTC, maybe that will change.
they can't access their income and take it in cash. It's more complicated than that. They can only get cash dividends from their mortgage insurance subs.
That's what I'm thinking. This is basically a call option. If they get things worked out, LTC claims don't need more increases, etc. then maybe it's worth $10. As the LTC and life eventually run down to 0, if there aren't more reserve increases and they get their premium increases...then the book value should be free for the holding company to take.
It's possible. They do their surplus analysis with interest rates and other updated assumptions yearly, I think. Plus, technically, lower interest rates mean they can ask for more premium increases.
you won't get new shares. The businesses will still be owned by the holding company and that is what you own shares in. SPlitting them allows cash to flow from life and annuity to the hold co. Right now life and annuity is held hostage by the LTC position.
They don't really have a "tangible net worth" of anything. If they can get the businesses untangled (right now life is pledged to support LTC basically), they can get some cash flow and start paying debt. If their LTC claims estimates aren't too wrong, then eventually, this will be worth their GAAP equity, hopefully.
The bulk of GNW is legacy business, lower interest rates raises the present value of claims. Don't think anything is going to "show up". GNW should be running its estimate of future claims with trend and age adjustments. As well as higher premiums once they get rate revisions.
DCF is relevant to any corporation. What are the cashflows available to the corporation? Seems like it'd be important.
goodwill is meaningless. It's earnings power that's important. Credit agencies don't rate on "goodwill", they're smart enough to know it's meaningless.