Why do you prefer VLCC over SuezMax? FRO's recent presentation indicates that added capacity in 2016 will be higher for the VLCC's so presumably more competition there.
Is California still on track with their hi-speed rail project? Is the federal government not partially funding that state's project?
Real soon? How so? Isn't the debt maturity profile staggered over many years? Even if rates hit 5% tomorrow and stayed there the next 10 years, the amount of interest due would increase only gradually as the debt was rolled over, wouldn't it? Of course, the USA should practice some restraint and achieve a balanced budget when the economy is doing well. Heck, Canada managed to do this with mediocre growth.
Furthermore if DEO did do such an acquisition, they could sell off the Guinness beer division to another brewer like BUD or maybe SBMRY and put 100% focus on spirits. I suspect scaling up a company as a pure play (whether brewer or distiller) would be a more streamlined approach to growth than expanding into different beverage markets.
Not sure what numbers you are looking at, but this company is a veritable cash flow machine and the current ratio is solid 2.0. Sorry, but I see absolutely no problem for them to handle any debt payments coming due.
BK? Why? The convertible offering raises $300M which is enough to sustain the current cash bleed for two years, and estimates show they will be profitable well before that. The conversion is at $16.58 which is near the historical highs going back the last five years so it's far from being a give-away. If anything, this looks like a good entry point. Care to explain your reasoning or are you just spouting off mindless short BS talk?
An insider is buying BTI too.
@@06/09/2015 | 06:28am US/Eastern LONDON (Alliance News) - British American Tobacco PLC Tuesday said Finance Director Ben Stevens bought 536 shares at a price of 3,410 per share Monday. Following this transaction, Stevens has a total beneficial and family interest in 120,807 shares
SHPG has proven to be quite adept at striking deals that generate solid long-term returns for shareholders, and demonstrated excellent negotiating skills, as evidenced in the large breakup fee they received when ABBV pulled out of the deal to acquire SHPG last year. Whatever happens this time around I have little doubt this company will prosper.
So what? PCP issued debt to buy back stock. I don't see any issue with them doing that with interest rates so low, and it's not like they don't have the cash flow to repay it when it comes due.
Where is AA positioned on the aluminum cost curve? If they're a higher-cost producer then that would explain why AA is lagging others in a low price environment.
This project is not dead by any stretch, and PBA indicted its intent to continue to push for its approval. Business and labour leaders are now petitioning city council to review an amendment needed to proceed with the project... mayor be dammnned.
@The Portland Business Alliance organized the letter after Hales refused to bring the matter of Pembina Pipeline Corp.’s environmental amendment to the full city council for a hearing and potentially a vote. The letter doesn't demand that the project be approved, only that it get an airing before the council. The Port of Portland needs the amendment so that Pembina can install a pipe between its propane tanks and a marine berth near its Terminal 6 site in North Portland. The city’s planning and sustainability commission recommended the council approve the amendment, with a caveat that Pembina pay $6.2 million in fees into the special "Portland Carbon Fund." The caveat came after opponents fiercely challenged the project on environmental and safety grounds. The mayor reversed his support for the project May 7 and to date has refused to bring the recommendation to the full council. His spokesman said the mayor hasn’t had a chance to review the letter. Mark, president of Melvin Mark Cos., said the standoff is a black-eye for the city’s reputation among would-be investors.“He wouldn’t do the courtesy to have a council vote,” Mark said. “To me, that was over the top.” “One thing you would expect is for the process to be followed through.”Last Thursday, the city attorney issued a memo saying the council isn’t obligated to hold a hearing, but suggested a court could interpret the language in the city's code to say one is expected. That suggested it would be prudent to put the matter on the council's agenda. Even so, the mayor’s office said he would not advance the project.
--- 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.
yeah okay. it spooked me when i saw him pull a gun out in that situation. i mean aren't cops supposed to be trained in threat assessment? unbelievable really.
How in the world does this matter? What was the IQ of the adults there who traded obscenities with kids? Sheesh.