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Amgen Inc. Message Board

blackboxfund 506 posts  |  Last Activity: Nov 5, 2013 4:57 PM Member since: May 8, 2012
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  • Coal prices in Asia are poised to rally after the worst quarter in four years amid strengthening demand from China and coal production cuts by Australian miners.

    Steaming coal at Newcastle port, the Asian benchmark, averaged $US77.06 a tonne in the third quarter, the lowest since the same period in 2009, according to data from IHS McCloskey.

    Morgan Stanley forecasts a fourth-quarter average of $US82 while CIMB Group Holdings predicts $US85.

    Morgan Stanley says the coal glut will reach 14 million tonnes this year, or 1.6 per cent of global seaborne supply. A 25 per cent drop in supplies at Chinese power generators signals that demand for imports may increase.

    Sentiment: Strong Buy

  • blackboxfund by blackboxfund Oct 17, 2013 9:58 AM Flag

    I do buy alot of other investments but this one does look GOOD long term ...

    Oct. 17 at 9:54 AM

    $WLT let us just call it a wake up call or a kick in the head to the SHORT seller over 16 again ? Anyone have 20 million to sell ? LOWER ?

    Sentiment: Strong Buy

  • BlackBoXFund
    Oct. 17 at 4:28 AM

    $WLT A new move up for $AUD/USD today which is very good for US Coal export competitiveness also the NG is going up the next 2 months +

    Sentiment: Strong Buy

  • we will see who is right, as I believe that it is now very difficult to disappoint on the Coal story, especially long term, you know like a year into your future . This sector is ripe for a 500% move again, ACI included. Just take a look at what I have made in SPWR FSLR and VWDRY to name a few that I held from last year ! And yes all my Chinese names are up 100% plus in less than a year !

    Sentiment: Strong Buy

  • blackboxfund by blackboxfund Oct 14, 2013 12:49 PM Flag

    analysts at RBC Capital upped their price objective on shares of Walter Energy (NYSE:WLT) from $16.00 to $17.00 in a report released on Friday, AnalystRatingsNetwork reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price suggests a potential upside of 14.56% from the stock’s previous close.

    Sentiment: Strong Buy

  • blackboxfund by blackboxfund Oct 11, 2013 4:30 PM Flag

    A lifetime of money can now be found in the dirty BLACK Rock Globally .. BBF

    Sentiment: Strong Buy

  • blackboxfund by blackboxfund Oct 11, 2013 4:16 PM Flag

    I have seen more /suffered with NG wells than I ever want to again all around the U.S.A. for the MOST sophisticated Institutional investors on the Planet all the BIG Fund s you can name and NG Shale wells are NOT the answer IMHO .... If anyone out there knows better than me about this ...Please refute this !

    Some, like University of Chicago professor Raymond Pierrehumbert, argue we are totally overlooking the rapid depletion rate of shale oil and gas wells. This is among other signs of a slowdown.

    And there's also been vocal opposition to the practice itself, as evidence has shown fracking can contaminate groundwater and cause earthquakes. Support is mounting in New York to to maintain the state's fracking moratorium.

    Although the industry business model is to keep moving on and drilling (thus the beauty of the huge Marcellus), the impact of this decline is huge on individual landowners and their finite wells. A couple royalty calculators have recently been pulled off of the internet due to their failure to accurately project this decline. We are all focusing on the initial rate of production reports (average of 5 mmcfe, high wells of 13-14 mmcfe), and not the reality that ongoing royalties will be 10% of these initial calculations... Don't buy your yacht on credit.

    Read more:

    Sentiment: Strong Buy

  • I BOUGHT ALL THE SOLARS AND WIND AT THE BOTTOM LAST YEAR ... NOW 500% + WHAT ARE YOU DOING FOR FUN ! ALL COALS ARE are going to be 1000% GAINERS so just put your money under your mattress I will RISK MINE !

    Coal is poised to become the most-used fuel for power generators through the rest of this decade, undermining targets for cutting greenhouse gases even as prices rebound from a four-year low.

    About 434 gigawatts of coal-power capacity will be added globally by 2020, compared with 241 gigawatts for gas and 92 gigawatts of nuclear generation, according to Bloomberg New Energy Finance. Though a Bloomberg survey shows prices may rise 15 percent by 2015, it won’t be enough to stem demand in Asia and Europe, Singapore-based UOB Kay Hian Ltd. says.

    Sentiment: Strong Buy

  • This means there is no FEAR by the shorts anymore, we are back to the June short numbers
    In myopinion what is left is the funds that are geared to the END of the Super Commodity Cycle and any leveraged plays associated with this theme... Right maybe / Wrong YES !

    Sentiment: Strong Buy

  • It
    PCI is the short form of Pulverized Coal injection. Declining supply of quality coking coal and escalating prices of coke have led iron and steel manufacturers to seek other carbon-based products to reduce the consumption of the more expensive coke.
    One solution is the technology of injecting pulverized coal into a blast furnace as an auxiliary fuel to reduce the amount of coke consumed and therefore to reduce operating costs in the production of pig iron and then ultimately crude steel. The technology involves injecting very fine particles of coal at high rates into the chamber of the blast furnace as a fuel. Most modern furnaces are equipped with a coal grinding and coal injection system.
    In the West, early adopters of the PCI technology used higher volatile, softer sub-bituminous coals. In China, it was the opposite. Early Chinese adopters began with very low volatile, hard anthracite. The scorecard was to find the highest possible level of coke replacement. The major incentive is cost savings. A coal grinding and injection system requires much less capital cost compared to a coke oven installation.

    There is also significant fuel cost savings. Nowadays, coal favored for use in PCI applications is gradually shifting from the two ends of the volatile spectrum to the middle. The type of coal most favored for PCI is the semi-anthracite with low ash and low sulfur for its high calorific values, high carbon content, and low volatiles. In the Chinese coal classification system, Pinmei PM fits those criteria.

    The replacement ratio of low volatile PCI coal to coke varies according to the requirements of each blast furnace, however replacement ratios are continuing to improve in favour of low volatile PCI coal. Typically, 1.0 tonne of low volatile PCI coal can replace 1.5 tonnes of more expensive coking coal.

    Low volatile PCI coal is increasingly sought by steel mills in preference to high volatile coal that has traditionally been used as PCI coal.

    Sentiment: Strong Buy

  • Tangshan, one of the largest steelmaking cities in northern China’s Hebei province, has banned the trading and consumption of lower grades of coke in a bid to reduce emissions.

    Sentiment: Strong Buy

  • If Natural Gas can punch thru the Sept. highs and then run past $4 the Utilities will finally start to pay up for thermal Coal again

    Sentiment: Strong Buy

  • Nippon Steel settles Q4 semi-soft coking coal at $105.50/mt, up $0.50 from Q3
    Japan's largest steelmaker Nippon Steel & Sumitomo Metal on Thursday settled its first semi-soft coking coal contract for the fourth quarter with Australian miners at $105.50/mt FOB Australia, up $0.50 from Q3, market sources in Singapore, Australia and Japan said Friday.

    A Tokyo spokesman for Nippon Steel & Sumitomo Metal said the company did not comment on individual contracts for raw materials procurement.

    The price applies to higher quality semi-soft coking coal from the Hunter Valley in New South Wales, from producers such as Glencore Xstrata and Rio Tinto.
    The increase from last quarter is smaller than the $7/mt quarter-on- quarter rise seen for hard coking coal.

    "Customers have been arguing that demand for semi-soft is lower than for HCC," a miner said Friday.

    Nonetheless, while premium hard coking coal was settled just $0.50/mt below spot market levels on the day of negotiations -- $152/mt FOB Australia -- semi-soft was settled about $10/mt higher than recent spot transactions. Platts assessed semi-soft at $96/mt FOB Australia Thursday.

    The semi-soft coking coal sold by Glencore Xstrata and Rio Tinto to Japan typically has 33.5-35% volatile matter (air-dried), 9% ash (air-dried), 0.5-0.55% sulfur (air-dried), 0.015-0.035% phosphorus (air-dried), and a crucible swelling number of around 6. Less

    Sentiment: Strong Buy

  • The inferior quality of Mongolian coking coal has not affected the purchasing enthusiasm of small and medium-sized steel mills, despite the fact that they admittedly turn to Australian coking coal the optimal feedstock when coke quality enhancement becomes a major priority.
    In this respect, large steel mills in Japan, South Korea and throughout Europe may find Mongolian coking coal rather unappealing as they generally adhere to stricter coke quality requirements, not to mention the limited transport infrastructure available for Mongolian exports.

    Sentiment: Strong Buy

  • It looks like Third Point would be a "New Name" on the current list as was the returning Balyasny.. Not enough for the SHORT anymore !

    Sentiment: Strong Buy

  • Market talk Dan Loeb’s Third Point is to reveal a significant stake in Walter Energy (WLT) – Unconfirmed

    Market talk Dan Loeb’s Third Point is to reveal a significant stake in Walter Energy (WLT) – Unconfirmed

    ‘Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated.

    Sentiment: Strong Buy

  • This is a test of your early warning network. . An explosion is about to happen so be prepared and under cover. In order to survive you must be long Walter Energy !

    Sentiment: Strong Buy

  • They are a strategic short against CHINA growth continuing ? Too bad they are WRONG !
    It will now ONLY take the previous sold out institutional owners from June 30 2013 LOW to buy back into WLT and then we will see $ 66.66

    Sentiment: Strong Buy

  • WLT the front running market maker insider HFT #$%$ peaked the upside at $16 on Sept 10 the same day Balyasny was then required to file for 5%

    Sentiment: Strong Buy

  • Dmitry Balyasny's firm Balyasny Asset Management has filed a 13G with the SEC regarding shares of Walter Energy (WLT). Per the filing, Balyasny now owns 5.22% of the company with 3,264,002 shares.

    The filing was required due to activity on September 10th and this is a newly disclosed position for the hedge fund as they did not own any shares at the end of Q2.

    This isn't the first time they've owned a stake either. Balyasny previously owned WLT shares a little under a year ago.

    Sentiment: Strong Buy

158.30-2.26(-1.41%)Apr 29 4:00 PMEDT