"Management has estimated that the Company’s existing cash resources and forecasted cash flow from operations for the year ending December 31, 2016 will not be
sufficient to fund forecasted capital expenditures, and consequently the Company will need to seek additional financing, in addition to renewing or replacing its
existing credit facility. ..... While the Company is pursuing various financing alternatives, the certainty of
completing sufficient financing arrangements on terms acceptable to the Company cannot be assured at this time. Accordingly, these conditions have resulted in a
material uncertainty that casts substantial doubt about the Company’s ability to continue as a going concern. "
Going, going (gone).
Or maybe neither of you. Stock hit all time high despite jobs report implying rate hike very soon.
Also time for a split - last one was more then 15 years ago.
Not so simple. I looked at the 8 significant div stocks in my portfolio
(SIX,POT,CAT,MRK,PAYS,VZ) and they were down an average of less than 1% (.8%). AWK was down close to 5%. Something more going on IMO.
I consider AWK a semi-utility. Most utilities cannot grow by acquisitions as AWK can. And interest rate hike has been built in for a while evidenced by the very mild reaction to the jobs report.
Ex-div affects yesterday's opening price not today's. Was down close to 5% today. Look at the 5 day chart. Stocks do not do that without a real reason.
Something is going on that we mere mortals are unaware of (yet). I have not seen any news or downgrades or anything else. Stocks do not do a 180 about face without a reason. A buying opportunity or a yellow flag?
I have avg Pd Q3 at 615USD or 799.CAD so neither number seems right. A re-run of the PAL movie has just completed at MCP with their declaring BK and Oakwood Cap getting the whole operation. As the late , great Yogi said "It's deja vu all over again."
Much more likely shift to EV rather than FC because everyones' house is a potential charging station. There won't be the infrastructure to support FC for a long long time.
". The unique traits of PGMs in hydrogen capture and storage keeps me intrigued."
Hydrogen Pd (PD "hydride") storage is the most inefficient both in volume and cost. Period. 90x its own volume. That's nothing. A cubic centimeter of Pd (costing about $250) can store 90 cc of H. That's about a 1/3 teacup full at STP. A class IV storage tank can store 700x its volume. In an hydrogen economy PD will play a detection, purification and maybe a generation role, but never a storage role. However we are a long way from a hydrogen economy anyway.
As far as PD FC loading per car, no way any auto company is going to go down a path that require 5x (maybe $1000 worth) of a volatile priced metal. Unless FC can use same (or less) PGM it's a non-started from both an engineering and financial view. The PD-W nano-islands research may bring that down to maybe the curretn load today.
Just another digression- emission standards are usually expressed in pollutants per mile. That puts a premium on increasing mileage rather actual emission reduction per gal of fuel. Any better milage makes better advertising.
I don't consider that an ouch. It may reflect an shortage of deliverable PD for other sources - bullish.
And if you consider big stockpiles of PD bearish, then 2 big stockpile have been drawn down - also bullish. From what I have read on VW issue, effect on Pd is negligible. Solutions what few there are do not involve the PD cc. I have seen some thoughts that since the (now) myth of fuel efficient clean diesels is out in the open, focus may shift to EV and Fuel cell cars. I don't how much PGM's fuel cell technology uses. And then there is LENR. :-)
I still remain long term bearish on the global auto industry despite near record USA sales. One of these days I will put down in writing my thoughts on this. So far Q4 prices are somewhat better than Q3 but IMO still below break even for SWC.
Have made some money shorting the morning SWC rallies and covering late afternoon. Last two days have been good that way.
"Glad KLXI is not part of the BEAV mix anymore "
Since split BEAV -16% KLXI -4%. I know it's the future that counts but I can't resist a small chuckle.
Would be nice to see BEAV get back over 50.
"It is impossible to know why they went to .019 . I doubt that Q3 will be weak given what they said in the Q2 Press Release at a time when they already had quite a bit of actual sales and visibility for Q3."
Maybe impossible to know, but not so impossible to infer. Was a clear yellow flag. We were warned. Now a rush to the door. No real buying interest.
Still under pressure. With Q4 likley around .030 - .031 we have to wait for Q1/16 to see if things are improving.
Are you wiling to tough it out until Mid April?