What is the nature of this research that you refer to? Did you look at some recent polling on travel plans? flight loading data? What types of information lead you to conclude the ebola threat has clear adverse impacts to airlines and other sectors of the economy?
I don't mind playing with knives. Used proceeds from a MO sale yesterday that triggered on a stop limit to add to my core NSRGY holdings today. Looking to add to my LO holdings @ 57 (200 day SMA) from part the MO proceeds as well.
Added at 68.70. NSRGY earnings are out and not very exciting. But I'd expect NSRGY to benefit by buying back shares at the currently depressed stock price.
@@@@@GENEVA (AP) — Nestle S.A., the world's biggest food and drink company, on Thursday reported a 3-percent drop in group sales for the first nine months of the year, impacted by weakness in currencies against the Swiss franc and other costs. The Vevey, Switzerland-based company said it had sales of 66.2 billion francs, down from 68.35 billion francs in the same period a year ago, which also reflects weak consumer spending. But Nestle said it had 4.5 percent organic sales growth, which does not reflect acquisitions and currency fluctuations. CEO Paul Bulcke said Thursday the outlook for the full year remains about 5 percent organic growth with improvement in margins, underlying earnings per share when measured in constant exchange rates and capital efficiency. The company said the strong Swiss franc, which the nation has sought to weaken, had a "substantial negative foreign exchange" impact of 7.5 percent on sales. It doesn't report earnings for the nine-month period. But the results from the maker of Nescafe, Perrier, Jenny Craig and Haagen Dazs showed growth in all regions, particularly emerging markets. "In a volatile global trading environment where there are no tail winds, we achieved good broad-based growth," Bulcke said.
The EPA approves the use of a herbicide engineered to protect GMO crops (the term double whammy comes to mind), but has a problem with CO2 emissions from coal-fired electricity generation.
@@@@@Oct 15 (Reuters) - U.S. regulatory approval on Wednesday for a Dow AgroSciences herbicide to be used with new genetically modified crops outraged critics, who say the approval violates environmental law and will create a host of problems for people and animals. The Environmental Protection Agency gave final approval to Dow's Enlist Duo herbicide developed to be used with Dow's Enlist GMO corn and soybeans. The herbicide is approved immediately for use in six states, and the EPA is evaluating expansion to additional states.
Half and half? I buy in tranches... 15% 15% 30% 40% or some such. But it's important to figure out the buy-in levels and even more important to stick to plan.
I like NAT. World oil demand is still growing, and that means transportation requirements should also continue to grow... the question is which modes will profit most... pipelines, railroaders, or tankers? FYI: KMP and KMI reported decent results today.
Haha, yeah I sold my SHPG at 260... held that stock for many years and when it turned into a 20 bagger on the buyout offer that was a sign to finally bail out. But now that it's crashed I am planning to slowly re-acquire a long position. I still think there's a shot at the buyout by ABBV going through, but even if not it's a great company that will do well alone or as part of any other firm. Look for SHPG to buy NPSP if the buyout fails.
Any idea what economic impact the SARS scare back in early 2000's had? I would think Ebola could not be any worse.
I don't see how the market could really believe this virus can cause a pandemic. I certainly don't. Do you? This comment by someone debating the potential risk of pandemic explains the situation quite succinctly imo.
@@@@High Mortality and Slow Transmission Rates Make for an Unsuccessful Pandemic Virus While Ebola is a dangerous and highly lethal virus, it's relatively short incubation period, limited means of transmission and extremely high mortality rate results in outbreaks that tend to burn themselves out quickly. A successful pandemic virus would need to infect a great many people before the symptoms overwhelm the patient. Ebola simply kills too fast. The current outbreak is being driven primarily by lack of adequate medical infrastructure and people actively avoiding proper medical care. In an controlled environment, it would be quickly contained.
PE is meaningless if you don't also look at PEG, which is quite reasonable (Forward PE is 15). And it's 1.6 Billion not Million (obviously you mistyped that).
This is a great company that has executed admirably over the last decade or so. I have little doubt they will continue to do so, and it's quite possible another suitor will eventually emerge if ABBV passes. This company has been a possible target for years now.
Uh, I called it a dark horse, didn't I? Great discoveries occur regularly, sometimes by accident, also through applied research and innovation.
I believe that scientists will eventually figure out how to harness the energy that powers the sun, just as they figured out how to harness the energy from fission. The fusion problem will probably take decades to solve, but nothing precludes a breaktthrough that could revolutionize the energy industry forever virtually overnight. Such is the power and beauty of science.
There's always the possibility of a dark horse stomping over the energy field. Fusion, hot or cold, would do it... this news just out today.
@@@@@Lockheed Martin, the industrial conglomerate based in Bethesda, MD with close ties to the U.S. Department of Defense, is claiming to have made a major breakthrough in nuclear fusion, which could lead to development of reactors small enough to fit on the back of a truck within a decade.
Thanks. I decided to start buying back into SHPG. today. Got the first fill at 165. Next order is placed to buy at 152 in case there's a push to fill the gap from back in April. I still like this company very much long-term, and if the deal falls through SHPG will collect $1.6B.
I bought DNN back in 2009 and fortunately sold off part of it near the peak in 2011, so the shares I still hold are basically free.
My point in comparing this to the coal downturn is that as with coal, there is the risk that the world turns against it. Coal is polluting, but nuclear accidents like Fukushima are devastating as well and can create strong opposition.
I expect coal and nuclear to continue to fuel the world's baseload, but the question is whether or not fuel demand will eventually lead to suffciently high prices for the miners to turn big profits again. The downturn can last a very long time.. years, even decades, maybe even forever. No one really knows.