I am long NAT over a year now, but wanted to expand into a more speculative play. I assume that if FRO and FRO2012 recombine that the new company will continue to trade on the US market in addition to Oslo?
Bought some SDS as a hedge, but I am staying solidly long here. A decent size meteor hitting Earth might do it hahaa.
Dude why do you have to hijack this stock discussion? Your post adds no value to it. Isn't it enough you guys already litter up the stock message board with topics unrelated to MO? Sheesh.
and guided down revenues big time
@@Durham LED maker Cree (Nasdaq: CREE) announced Wednesday that it is restructuring its LED products business – the unit that creates LEDs for everything from televisions to mobile phones. The goal is to reduce excess capacity and overhead to improve the company’s cost structure moving forward. Via a company statement, Cree blames LED market trends that have resulted in “higher LED average selling price erosion” than what had been predicted, as well as “the continued under-utilization of Cree’s LED factory.”The company expects about $85 million in restructuring charges, and is now targeting revenue of $373 million.
Why in the world would I bet when I already have the real deal in NVO. Get lost pumper. Go inflate the MNKD board some more it looks like it needs more air.
EU has been imposing duties on steel imports. First it was stainless steel. NExt it was electrical steel. Now it appears the scope is widening to more general types of steel. USA will likely follow eventually.
@@'EU duties on steel from China and Russia' BRUSSELS (REUTERS) -
The European Union is threatening to impose duties on imports of steel from China and Russia, because these countries may be guilty of dumping cheap steel on the European market. This was announced Thursday. The European Commission has started an investigation into the alleged dumping of certain steel products from China and Russia. The investigation follows a complaint from the European steel industry association Eurofer, which was filed in April.
The EU imposed earlier provisional duties on the imports of stainless steel from China and Taiwan for alleged dumping practices.
Everything you ever wanted to know about WS can be found in a detailed pdf presentation file on the subject.
Google search: Worldscale: A Primer Worldwide Tanker Nominal Freight Scale Tanker Derivatives Forum, New York March 2008 The Baltic Exchange
This is fantastic news. HDR is the one remaining feature available exclusively on LCD TV's.
@@@\Prior to this new announcement, we’d been led to believe that we wouldn’t be able to get our hands on an HDR-capable OLED TV from LG until later in the year, following a potential unveiling at the IFA technology show at the end of August. LG’s HDR revelation has a significant impact on the current high-end TV marketplace. Ahead of this latest information high-end consumers were faced with a pretty much straight choice between one of Samsung’s SUHD TVs with their new high-brightness, wide colour gamut, HDR-capable LCD screens, and LG’s EG9600/EG960 OLED TVs with their ground-breaking contrast performance, incredibly slim designs but no HDR support. Adding HDR makes LG’s OLED TVs potentially as attractive to forward-thinking early technology adopters as they already were to the sort of AV fans who’ve always picked plasma over LCD.
They are purchasing chips from Lextar while their fabs are running below capacity/. That most certainly is NOT vertical integration. CREE made a critical mistake in expanding into the retail market. It was not in-line with the initial strategy, and has drawn resources away that could have been used to push harder into the commercial space that the RUUD acquisition was intended for.
Why does CREE continue to sit on hundreds of millions of dollars instead of investing it? What is management waiting for? The led market is growing by leaps and bounds and CREE is running fabs below capacity, sitting on excess inventory, and refusing to deploy capital. Pretty sad state of affairs really.
Shorties like me? I have been long this stock for many years now and am increasingly disappointed by the poor execution and inconsistent strategy.
Minimal opportunity cost? I can only speculate as to what this cost has been, but flat revenues for several quarters in a market that is growing at 30% suggests to me that it has been pretty severe.
Even worse, I see no catalyst here to change the face of CREE. No new initiatives being announced, unless you think investing in Lextar while slowing production in their own fabs is somehow a good move. And finally, I ask again... why is CREE sitting on hundreds of millions in cash instead of plowing it into the business?
Sorry pal, but your arguments about how this is destined to be a turnaround are weak to non-existent. I expect next quarter to be unimpressive yet again barring a major new development (and spinning out RF is not it).
Oh cmon, the UK has never been a true member of the EU. If they had really wanted in, they would have switched to EUR currency
Not that strange really... just another indication that CREE's efforts at building brand name recognition are failing dismally.
--- remind people there are only two primary palladium players: SWC and PAL.---
Nonsense. NILSY is the world's biggest producer of palladium by far. If you had bought NILSY instead of PAL or SWC you would have been collecting 10% dividend all this time and profited from a couple of special buybacks at premium prices, as well.
--- NILSY is mainly a nickel and copper player, palladium hardly register a remarkable percentage in their revenue---
What rubbish. In H1/14 NILSY revenue breakdown by metal was as listed below. PGMs make up roughly one-third of sales. Palladium alone was over one-fifth of total sales of $5.2B USD... that's a cool $1B USD from Pd alone you fool. It's no wonder you're such a horrible investor.
And a $500M buyback plan? Seriously... after all this time that's the best use of cash they could come up with? What a joke.
Here's TD's take on the deal
@Denison Mines Corp. (DML-T, DNN-A) C$0.88
Denison and Fission Agree to a Friendly Merger
We believe that the combination of Denison and Fission makes good strategic sense for Denison as it adds what we believe is one of the best undeveloped assets in the Athabasca basin in Patterson Lake South’s (PLS) Triple R deposit. We estimate that Denison is paying approximately $3.28/lb to acquire a high-grade, relatively shallow deposit with a total resource (M+I+I) of approximately 105.4mmlb, with significant exploration upside. This compares very favourably with the recent Athabasca focus transactions which
have ranged between $8–$11/lb albeit these transactions were announced at higher uranium spot prices
TD Investment Conclusion Our pro forma target price drops to C$1.45 (from C$1.50), but given the
recent weakness in Denison shares, we are upgrading our recommendation to SPECULATIVE BUY from Hold. Despite what could be subdued prices for uranium over the next 12–18 months, we believe that Denison shares could outperform given the combined platform and exploration upside of its Athabasca-focused assets.
---Things are about as bad as they can get for US oil upstream companies.----
Isn't that the time to buy?