That's what I read it as... PS: I think that is the 9month 2013 total (not just Q3). Profit (loss) before tax for 9mo 2012 is 22,046,942. I can't seem to match this up to the US filing though.
Could it be hedging against the large open interest in ITM puts expiring today and January? There's no action yet to close those positions out.
Definitely good news. MO is more advanced than PMI in e-cig development and this opens the world market to them at little or no extra cost, unlike LO, which has to build out their world market through acquisitions. RAI seems quite silent all this time... hopefully their initiative will do well in USA.
NG is just one factor in the big picture. I started reading those reports to learn more about the fertilizer business and outlook. I don't have a position in any of the big companies yet... just watching for now.
So here we are finally at a new high. Maybe 40's are in the future after all. PS: #$%$ all you dikks spewing out all the politically oriented posts here.... losers.
The Market Realist article out today has a key takeaway... natural gas price is a key lever for earnings and hence stock price. Higher NG prices reduce earnings. At NG price of ~4.50 and assumed yield of 8% share price is expected to be in the range 110-135. At NG ~4.00 price expected 120-145.
Probably true for USA unless LNG exports drive up NG prices real high in the years ahead. Not so sure about the EU though, specifically Germany..... And in regards to China... do they have any clean-coal engineering expertise?
@@@Chancellor Angela Merkel, who before the Sept. 22 election said revising the nation’s renewable energy law was her first priority, plans to shut Germany’s nine nuclear reactors within a decade, replacing the round-the-clock output with intermittent solar and wind plants. Even as the $757-billion energy shift boosts renewable power output to 35 percent of total supply by 2020, from 23 percent now, Merkel will be more reliant than ever on fossil fuels to drive Europe’s biggest economy on cloudy and still days. “Merkel’s government has put itself in a dilemma,” said Danny Graefe, who has traded power and natural gas for four years at AVU AG fuer Versorgungs-Unternehmen in Gevelsberg, Germany. “On the one hand it is promoting green energy, on the other hand, we see all those hard coal plants coming online now. I don’t see anything bullish in the power market.”
Cmon #$%$_loser, go ahead and enlighten me about how gold has more industrial applications than platinum and palladium...I'm waiting...
I maintain that the concept of gold as a reserve is meaningless. Gold is for the most part a useless metal and so has little intrinsic value.
Yeah, like I'm ever gonna give Yahoo access to my brokerage accounts.
@@@@New on Yahoo: Don't let your investments out of your sight....My Portfolio now allows you to sync your real brokerage accounts.
The Hindenburg had 62 successful flights before that crash. Keep counting 'em there's a ways to go yet...