Agreed though the Buisness Analytics Div saw this coming in 2010. We should have ramped up all our Server Farms and lowered the storage prices to eliminate new starts up like FB etc.
Normally. Hedge Funds sens their pvt clients an alert about covering. None as yet.
Looks like they expect a sell off till close on Friday.
Bamboo is known to be springy. In the East they call steel a white man's Bamboo.
Trouble is unlike Bamboo which is in short supply , steel is in excess supply mode (20% excess). It will take more than a decade of wars to absorb this excess capacity
They expect a P/E revision as the rate of income growth is slowing. The Middle East and Eastern Europe were lucrative markets but because of the turmoil, advertisement revenues from these areas are way down and still falling. India was supposed to take off but locals prefer to use TV and rely on foreign clips.
I was out last month as I expected a sell off. Too early to jump back..
How did U determine the 75% chance. They say ABBV has insurance to cover some of he Penalty and is therefore keen to lever its position for better terms for the take over.
BLDP has more patents than WPRT and more in line with demand. Yet it has tanked to under $2. Patent valuation is eaningless if there is now large scale demand. for the product.
The patents are only useful to an Engine manufacturer. These Cos do not see them as revolutionary.I don't think in a distress sale they would fetch more than 90c/ share . A Co bidding for them would pay much more.
Not true. It has what is termed dark room liabilities. Environmental and Pension claims can be huge and on going.
Steel is a commodity in glut and oversupply by 20%. There is no hope till some big player quits the game. That is still not happening because Govts. wont allow it.
Aero-surfing trial could be postponed. The winds in California are extremely turbulent due to the sudden hot spell.
Do you know how many babes are participating and how high they are expected to reach.? Should be very interesting to watch.
The news has a different pic. Growth is in trouble. Because of the change of Govt in India , the local INFY and Tata Consultants have most favoured status. The only large contracts in India are with the Central and Sate Govts.
The growth in India will likely slow down and the Co. has to now resort to acquisitions for any increase in revenues and earnings. It is likely that we may see a P/E revision in the near term before we set sail again.
Not really. Currently ore prices are down by 40%. The oversupply is due to BHP the Leader working its Aussie Broken Hill Properties night and day for shipment to China which includes use of M/T Containers when available. BHP aims to liquidate all small players and gradually raise prices once they collapse.
Unfortunately none have called it a day. Instead they and MT have been lowering prices as near to the breakeven point. MT has a collosal problem . It has both ore and processing plants some of which need to be closed down. The Unions supported by their Govts wont allow that to happen.
MT is the worst off as it has theMines, the Plants and most of all, large worker compenastion liabilities. My guess is that it has no option except to divest what is possible and that's not much. It would not surprise me if BHP has a go at a Take over if prices drop further. MT is not going any where till ore prices rise.
Not H.K or the mkt Gurus have anything to do with this. You own an asset which is in Oversupply mode. The excess global capacity at full global demand has and remains at over 20%.
No Owner wants to be the first to shut down. The plants in Europe and some in America are unionized with huge pension liabilities . Govts will not allow Owners to quit as they have liens on them. MT went on a buying spree ego driven. It could take 10 years more for the stock to cross the $25 mark. which requires an earnings of $1.50 to #2.0 per share.
Company have Insurance for these risks. They have to bear the Attorney costs and this could be high if the Co. Lawyer seek outside council.
Not likely. The new Govt is presenting every H.K fly a gift for Oct. Ten trains full of ducks and vegetables have been sent from the mainland welcoming the islanders. Who could ask for anything more.!