Recent

% | $
Quotes you view appear here for quick access.

Silver Wheaton Corp. Message Board

billyteex1 917 posts  |  Last Activity: 16 hours ago Member since: Jul 17, 2006
  • billyteex1 by billyteex1 May 12, 2015 10:55 AM Flag

    The euro has gain back a little strength recently. Trading at 1.12 to the dollar. This is helpful when those royalties of Bellco start coming in. We should start getting a clue to how many filters they sell. But every little bit helps and an improving Euro is in our favor. The 1.50 euro x 1.05 = $1.57 each. The 1.50 euro x 1.12 = $1.68 each. It all depends on how many they sell per quarter, to see the benefit.

  • billyteex1 by billyteex1 May 12, 2015 10:45 AM Flag

    The real news is the future stuff. Financing will not be an issue, if they show GM testing saves 87% of PM costs also. Meeting in 16=5 minutes, will have more to point out. Now if the analyst can do their job. The guy from zacks better be there today. He knows this operation better than anyone.

  • Reply to

    what happened to lower corporate costs?

    by dbtunr May 12, 2015 10:14 AM
    billyteex1 billyteex1 May 12, 2015 10:42 AM Flag

    sorry it cut out the depreciation number of $224K.

  • Reply to

    what happened to lower corporate costs?

    by dbtunr May 12, 2015 10:14 AM
    billyteex1 billyteex1 May 12, 2015 10:39 AM Flag

    Loses would have been greater if they had kept the two CEO's and CFO's. Dbtunr why did you ignore all these issues with RVM. Clearly they were in dire position, but you choice to pump that.

    But this is a fair question to ask about CDTI. Just wish you applied all your limited knowledge to the things you actually invest in. Funny how dbtunr will bash an investment he states he owns 4K shares in. How about dbtunr show us an actual position in CDTI. See they like to claim they own it, when it trades up, they bash in the other direction.
    Research and development spiked to $2.12M for the quarter. Testing and patents cost money. The independent testing cannot be cheap and expense the cost of patents get's include here. We could one day see a quick cost savings in R&D. Maybe in the 3Q, since testing by GM to be announced in this quarter. We'll have to see.

    Looking over the statements a few things stick out. Depreciation of $, $180K of stock base incentives, a loss of $529K on FV of warrants. However they also had a Foreign currency transaction loss on $589K. Several of these are non cash charges.

    So the losses here are not as high as dbtunr would want you to over react too. That idiot didn't blink when his RVM lost $61M last year and he pumped it. Failing to see the things he sees here, in an investment where he now has to admit he took a major bath in. How is it that he ignores the risks where he does invest and worries about the risks here.

  • billyteex1 billyteex1 May 12, 2015 10:02 AM Flag

    opps meant yang yang. My bad.

  • Reply to

    This was on OPK release today:

    by cl124cl May 11, 2015 6:16 PM
    billyteex1 billyteex1 May 12, 2015 9:59 AM Flag

    Reading 101.

  • billyteex1 billyteex1 May 12, 2015 9:55 AM Flag

    Wasn't my idea. I just point out what the CEO hinted at. They want to transition to a materials handling company. That is their goal. As they build the Durafit line and eventually the installations in CA the durafit line, they have a huge asset that does $45M in revenues and has operating profits of $12.6M. The drag here is the R&D expense.

    They could then downsize manufacturing and supply the spinel powder to all the coater's. This would be a cash cow. OEM's spend $7B a year alone for PM, so my guess is they would be willing to part with $2B of it, 75% going to CDTI and 25% to the coater's.

    The testing so far supports my business model. If GM announces that testing matched current results and saves 87% PM, then I believe this is set in motion. $50M is a fair price.

    Management wants to keep the share count low. This way, if they pull this off, they could be reward with 6M shares. Making this a 20M share company with $50M in cash and orders up the yank yank.

  • billyteex1 billyteex1 May 12, 2015 9:45 AM Flag

    $50M is my prediction. If I was #$%$ I would have invested in RVM. Hey, tell the board, how I tried to talk you out of RVM. That I pointed out the FX issues there. What did you do? You mocked me. What happen next you lost 75% of your nest egg. We have sen the posts were you pumped RVM at $2.

    Last question, how does it feel to be dumber than a #$%$?

  • billyteex1 by billyteex1 May 12, 2015 9:37 AM Flag

    After the National distributor comes on board, the sales figure for Durafit could double to $10M. They hinted at a DOC deal with an OEM and adding this to the durafit line. CC at 11am ET. Spanspur and GS, please get some rest. I'm really getting tired of correcting your work. You are adults, start acting like one.

    BTW Grandslammer and dbtunr are the same ID. They invested all their money in a mining operation that just about went bust. Currently they are waiting for 50% of their money back. Isn't that true? GS will deny, but maybe the fake ID GS didn't buy any, but his other ID took a bath. Not that he didn't need one. We were all happy to have him take it. The best part, Dbtunr pumped RVM, and bashed CDTI. The irony here is, that he sees the bus headed towards us here, but ignore the mack truck with the new CDTI durafit filter, that ran him over on RVM. Best part, I warned him to avoid RVM at all cost. You cannot make this stuff up. Our basher's are low life's who lie and fabricate things and as shameless when they are proved wrong.

  • Reply to

    Durafit sales seem contrived

    by dbtunr May 12, 2015 9:23 AM
    billyteex1 billyteex1 May 12, 2015 9:27 AM Flag

    They didn't lose $61M like RVM. Talk about contrived BS you pumped there. Recall how you pumped and pumped and still lost $100K. You even brought in your skirt GS to pump it.

  • Reply to

    Numbers

    by billyteex1 May 12, 2015 8:27 AM
    billyteex1 billyteex1 May 12, 2015 9:23 AM Flag

    You showing that reading comprehension issue again. Here is what you ask.

    " Gross margins also improved 457 basis points over the fourth quarter of 2014 to 27.3%".

    Gs, I'm getting tired of holding your hand here. You are clearly someone with a hidden agenda. But we all knew that cDTI had to cut margins to help stock up distributors. It is not uncommon to do this as a way to promote your product. I have sown that one distributor actually stop carrying the Road warrior product.

  • Reply to

    Numbers

    by billyteex1 May 12, 2015 8:27 AM
    billyteex1 billyteex1 May 12, 2015 8:56 AM Flag

    GS,

    They won't be under capitalized for much longer. They will sell the manufacturing assets for $50M and have plenty of cash. The key here is that spinel can be manufactured and shipped all around the world. They go from a manufacturing intensive business model to one where they are a material supply tier 2 company. I think GS is the investor who is under capitalized from a maturity level investing.

    I had to explain FX issues to you, I had to explain the prepaid expenses to you. Now I have to leave you to fish for yourself. GS, you have to much baggage. You brag that your jr did a 100% move, but too ashamed to show us that you only owned 1000 of a .10 stock. You are not man enough to apologize that my jr. is up $13K. You can show us the trades, to proof me wrong. But that's not going to happen.

  • Reply to

    CDTI Hits All There Guided Targets

    by spanspur May 12, 2015 8:35 AM
    billyteex1 billyteex1 May 12, 2015 8:46 AM Flag

    Margin grew GS. You are showing signs again of not able to comprehend what you read. You are here to bash. But one day you will slither off to your next assignment. How is it that you and sapnspur cannot show us a single trade in your life. Easy, you own nothing but a keyboard.

    Apparently dbtunr not posting, because his id lost huge on RVM. It's a shame he took you down with it. This now prevents you from buying shares in CDTI. So being a low life, your only hope is bash and get this to a price were you can afford 100 shares.

  • Reply to

    Numbers

    by billyteex1 May 12, 2015 8:27 AM
    billyteex1 billyteex1 May 12, 2015 8:36 AM Flag

    Conference call and analyst will be asking more questions I hope. I think this is a specially company, who only flaw is they are under capitalized. But the opportunities up for grabs are in the billions. The network is coming together. Testing results in less then 6 weeks.

  • billyteex1 billyteex1 May 12, 2015 8:33 AM Flag

    GS,

    You also up at 5;29 PT. What is it that you and spanspur cannot sleep in CA a full night? Apparent your bosses wanted you bashing early. Maybe that drought has you worried. You fake home values have you worried. But for some reason we have many bashers all here quite early.

    See BS about living in CA, all design to try and impress, but for god's sake get some rest. No one believes a fokin word that comes out of GS and spanspur mouth. First we know where their lips were.

  • billyteex1 by billyteex1 May 12, 2015 8:27 AM Flag

    They lost $3M or .21. Durafit hit $1M just like I predicted. The revenues were $10.3, I thought they would be closer to $10.5. But we know that this is more about what they will be doing 6 months from now, not what they did two months ago. They pointed to three future developments.

    The first is that they are close to securing a national distributor's Partner to distribute Durafit.

    The second item actually has two working parts. They expect to announce vehicle testing results in the 2Q including the 3 way spinel results. But hidden in their is the testing of another platform? What could be this other platform data. My guess is the metallic coated filter. I pointed out at SAE that they had a picture of this filter in the presentation. This filter could be used to replace the ceramic substrate they use in DPF filters. They would allow for more air to flow through the filter and at the same time add horsepower.

    They have $4.3M in cash. So we will have to see how they raise funding. If this is a POC (proof of concept), they could now start looking for partners or buyout after the GM news. Specially if they have a national distributor come on board. No CARB news, I have pointed out that they will get that decision in November. Could be bumping day.

  • billyteex1 billyteex1 May 11, 2015 5:49 PM Flag

    Spanspur I erected another fence, the side you are on hold my gators. Now please pet one and tell them your BS. Maybe you are now willing to show us a single share you own? It seems that you avoid this simple question at all costs. Even now trying to be friend me. I'm not your friend. First I would have to drop my IQ by 50 points, I would have to learn to be a weasel. Much easier to not be on that side of the fence.

    I'm sure soon all the newbies will find out that you are our village nut job. You impress no one. I like it better when you were in bed with GS and dbtunr. But apparently there's not enough penicillin to go around.

  • billyteex1 by billyteex1 May 11, 2015 5:36 PM Flag

    Traded 5,800 shares after 5pm between $2.22 and $2.26. Good sign? Just received my Monster box of US silver dollars.

  • billyteex1 by billyteex1 May 11, 2015 5:29 PM Flag

    In the introduction Schuettinger and Butler’s outstanding book Forty Centuries of Wage and Price Controls,” David Meiselman writes:

    “Despite the clear lessons of history, many governments and public officials still hold the erroneous belief that price controls can and do control inflation. They thereby pursue monetary and fiscal policies that cause inflation, convinced that the inevitable cannot happen.

    “When the inevitable does happen, public policy fails and hopes are dashed. Blunders mount, and faith in governments and government officials whose policies caused the mess declines. Political and economic freedoms are impaired and general civility suffers.”

    Quantitative easing is a squalid little lie. It appeals to economists with no grasp of history. It pretends that too much debt can be simply resolved through futile attempts at price controls and money printing.

    The practical outcome of QE is that it turns the bond market into a no-go area for any rational investor.

    We are now in the terminal stages of QE, during which the practical limitations of this fatuous and discredited policy are being revealed.

    When you devalue money and distort the supposed risk-free rate, you devalue every aspect of the capital structure, and of society itself.

SLW
19.36-0.22(-1.12%)May 22 4:02 PMEDT