Should mean better margins...note from Goldman a while back
Refiners are defensive in a weak crude tape Given industry economics are driven more by crude spreads than the directional oil price – we believe refiners represent one of the few energy sectors that can grow cash flow in a declining crude price environment. In addition, we see a seasonal trading tailwind for refiners in 4Q/1Q.
Brent-WTI should widen out – a key positive We expect Brent-WTI spreads will widen out from $4/bbl currently to $10/bbl in 2015-2016 as US oil production/pipeline growth outstrips refining additions.
Underappreciated SOTP value in midstream Midstream/MLP segments provide SOTP upside to refiners from growth, stability and cash flow.
Refiners offer FCF, returns and dividend yield We forecast refiners will generate 9%-11% of the current market caps in annual FCF and 15% ROCE in 2015/2016. Cash flow supports a healthy dividend yield of 3.0%, on median, for the sector.
Quote from Goldman Sachs.
Sentiment: Strong Buy
In my humble opinion you answered your own question. I am waiting for about 12-15 before buying any new shares as it would seem by then the tax loss sellers should have sold
some sellers have no opinion but by circumstance need to sell, in ARCP case there may have been a lot of this
Right you are... I have 3 losers (ARCP GNW UAN) but optimistic they'll eventually turn so no tax loss selling for me.
Most of that tax loss selling activity should be finished around mid December
they're running a show today on the new printer
MDC will showcase the new NP-100 Printer and a full range of printed electronics solutions and capabilities at the Printed Electronics USA 2014 trade show at the Santa Clara Convention Center in San Jose, CA, on November 19 and 20, 2014, in Booth #I07.
Furthermore the tangible book value per share of Genworth's stock -- even with a reserve charge of $1 billion is still total more than $29 a share , more than twice its recent stock price. And the charge was "only" 800 mill
Don't forget that the split value $21 a share
The company’s third-quarter report may help advance the cause of breakup advocates. Genworth is reviewing whether it set aside enough funds to cover long-term care claims and will discuss the results with its earnings. The earnings will be released on Nov. 5 and a conference call is scheduled for the next day.
If the review is “really bad, you could probably have people say, ‘Why don’t you split this up,’” to focus on the more stable mortgage business, Billingsley of Compass Point said. “If it’s not bad, I think it gives management a little bit more breathing room to say, ‘We’re going to keep this together because our plan is working.’”
His car ,a hyundai no doubt a 2015 Hyundai Equus
$61,500 - $68,750
based so far the report was pretty much what was expected, maybe slightly worse but with a slightly better outlook and those cancel each other out,,,,replay third down
3rd and five, not bad just need a short pass
I think you're correct. In a weird way I am hoping this little fiasco was just what these guys needed to focus on a simpler way of doing things. Kay's paper losses yesterday were high, millions, He better get it right.
does the share price affect the dividend as implied by these written words
"Despite the company saying that the current dividend is secure, a 30% drop in the share price would make one wonder if future dividends are at risk".
well they will now suffer the consequences. Is anyone going to put Lisa on their payroll ?
Hey she bought 20,000 shares not too long ago
I've had good luck collecting nice premiums on the up days by selling the up call like today the 45's
On down days sell the down puts like the 35's...premiums add up. Hold the stock as it will eventually be 45ish
My Yahoo portfolio says I am up 12.85% on my last buy....unfortunately I am down 45.29% on my first buy. Sometime before the 30th thinking the pps should go back to to at least 13.75 -14.25 range, lots of support when it moved moved under 11. Hope the 30th adds some clarification as to why the differences in earnings estimate revisions between UAN and CF
I'm afraid to figure my average but I have been buying adding smaller amounts at lower prices which is the reverse of what I normally do its just that the bottom seems very elusive. I am thinking Icahns nemesis has been shorting this to to rub it in