Sun, Aug 31, 2014, 5:00 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Ocwen Financial Corp. Message Board

busy26795 67 posts  |  Last Activity: Aug 29, 2014 3:30 PM Member since: Aug 26, 2009
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • August 28, 2014 17:17 EDT CRZO Carrizo Oil & Gas files automatic mixed securities shelf

  • Reply to

    PLKI on Mad Money tonight

    by busy26795 Aug 25, 2014 2:10 PM
    busy26795 busy26795 Aug 25, 2014 2:33 PM Flag

    On Cramer's Mad Money Twitter feed: https://twitter.com/MadMoneyOnCNBC

    Tweet url: https://twitter.com/zenni503/status/503961952193093632

    Sentiment: Strong Buy

  • Cramer is speaking with the Cheryl Bachelder :-)

    Sentiment: Strong Buy

  • News Breaks

    August 25, 2014

    07:37 EDT JCP
    J.C. Penney recommneded as a Long Trade Idea at JPMorgan

    JPMorgan recommends J.C. Penney as a long Trade Idea into the upcoming Fall analyst meeting given the increasing likelihood the company announces a restructuring that could include store closings and expense reductions. The firm was encouraged by Q2 top-line growth and said promotional cadence has returned to FY11 levels and believes shares are setting up for a year-end rally

    Sentiment: Strong Buy

  • SQBG

    Sequential Brands: Galaxy closes early; key positive; reiterate Buy, $15 tgt -- Wunderlich

    Wunderlich reiterates Buy rating on SQBG and raises estimates while conservatively leaving 2015 projections unchanged after co announced an early closing to the Galaxy Brand Holdings deal and renewal of two key licenses. Even more, firm believes this transaction will move co to the next tier in the brand licensing universe and positions co as the next major publicly traded brand licensing player. Firm remains buyer of SQBG.

    SQBG

    Sequential Brands price target raised to $19 from $11 at Canaccord

    Canaccord raised its price target on Sequential Brands following its acquisition of Galaxy Brands, citing expectations for increased licensing revenue and the execution of management's growth strategy through M&A. The firm keeps its Buy rating on the shares

    Sentiment: Strong Buy

  • Reply to

    Cramer just bought KMI for AA+

    by busy26795 Aug 19, 2014 3:55 PM
    busy26795 busy26795 Aug 19, 2014 4:19 PM Flag

    The deal is expected to be accretive to distributable cash
    flow by between $0.60 and $1 per share over the next five
    years.

    In addition to higher distribution and lower cost of capital,
    management indicated that M&A was another factor behind its
    decision. They didn't speculate on what sorts of
    transactions they would do, but buying another MLP or going
    upstream into the exploration-and-production space wasn't
    ruled out. They commented that they want to remain the "toll
    road" to the industry (collecting fees to transport), but
    knowing this management as we do, we wouldn't put anything
    past them in driving higher growth, stronger payouts and
    delivering exactly what they intended when they first
    started the MLP structure.

    Shares trade at a discount to midstream C Corps on a
    yield/growth parameter, yet they will have a higher payout
    ratio at 90% (vs. 70% to 80% for peers). It trades at a
    slight premium to the group on enterprise value/EBITDA of
    15.7x vs. 13x for the group and 16x price/DCF vs. 15x for the
    group. But KMI is in strong position to post higher organic
    growth given its size and scale. We like the deal, and
    believe higher growth is inevitable as well as a higher
    stock price over time. Our price target is $50.

    Sentiment: Strong Buy

  • Reply to

    Cramer just bought KMI for AA+

    by busy26795 Aug 19, 2014 3:55 PM
    busy26795 busy26795 Aug 19, 2014 4:06 PM Flag

    yahoo keeps taking away the rest of the AA+ alert...it's long. I see it then it disappears. What a mess they made of their message boards. It's a shame!

  • Reply to

    Cramer just bought KMI for AA+

    by busy26795 Aug 19, 2014 3:55 PM
    busy26795 busy26795 Aug 19, 2014 4:02 PM Flag

    We like the deal for several reasons: It simplifies the
    company structure, reduces the cost of capital by half,
    positions the company to raise the dividend annually by 10%,
    gives it size/scale advantages and capability to be an
    aggressive consolidator in the industry, and most important,
    investors can focus solely on the strong underlying
    fundamentals rather than the distractions of various moving
    pieces, which should afford it a higher valuation multiple.
    Also, as a C Corp the company opens up its potential
    investor base compared to its general-partner peers.

    The new entity will remove the incentive distribution
    structure that has prevented the company from paying out a
    higher distribution and it raises the fair value estimates
    substantially. It creates an energy midstream giant with an
    enterprise value of $140 billion that generates $8 billion
    in earnings before interest taxes depreciation and
    amortization annually and nearly doubles the cash available
    dividends to $7.3 billion in 2020 from $4.7 billion in 2015.
    This translates into 10% distribution growth between 2015
    and 20120. This alone is reason to own the position.

    Sentiment: Strong Buy

  • Reply to

    Cramer just bought KMI for AA+

    by busy26795 Aug 19, 2014 3:55 PM
    busy26795 busy26795 Aug 19, 2014 3:58 PM Flag

    KMI was set up as the general partner, with interests in
    Kinder Morgan Energy Partners LP (KMP:NYSE), El Paso
    Pipeline Partners LP (EPB:NYSE) and interests in several
    legacy El Paso pipeline and storage assets. It was one of
    the largest general partners in the MLP space with a very
    diverse set of assets across the energy midstream spectrum.
    Following last Sunday night's acquisition of all of its
    equity interests, the company's structure and growth story
    has changed significantly, and for the better. Because of
    this transaction we want to be involved in the name as it
    has transformed itself into a simpler C Corp structure,
    which will produce higher dividends, see lower costs, do
    more M&A, and create the world's third-largest energy
    company behind Exxon Mobil (XOM:NYSE) and Chevron (CVX:NYSE).

    The deal announced last week was the acquisition of all the
    outstanding equity interests of KMP: Kinder Morgan
    Management and El Paso Pipeline Partners, which will
    consolidate the midstream assets into one entity. KMI will
    issue $40 billion in equity and pay $4 billion in cash. The
    deal will close in 4Q 2014. In essence, it will remain an
    MLP under a C Corp structure, so it will continue to pay out
    the majority of its cash flow in the form of a dividend and
    then finance growth capital with outside debt and equity.

  • We'll also buy 500 shares of Kinder Morgan (KMI:NYSE) at
    $41.39. In energy, we like to own stocks that either have an
    ongoing internal restructuring, a commitment to a high
    payout ratio (and a growing divided yield), or management
    that is committed to creating shareholder value. KMI is all
    three. We like the recent move to simplify its corporate
    structure, going from a master limited partnership to a C
    corporation, which will lower its cost structure and enable
    the company to complete acquisitions for further growth. It
    also has an attractive 4.2% dividend yield and an attractive
    valuation.

    So much more detail

    Regards,

    Jim Cramer, Stephanie Link, and TheStreet Research Team

    Sentiment: Strong Buy

  • busy26795 busy26795 Aug 18, 2014 10:37 AM Flag

    NXPI 8/15/2014
    Stifel Nicolaus
    Initiated Coverage
    Buy
    $78.00

    NXPI 8/8/2014
    Canaccord Genuity
    Initiated Coverage
    Buy
    $78.00

    24-Jul-14 13:25 ET



    NXPI



    NXP Semi target raised to $76 at Topeka Capital Markets; upside from program ramps; Buy (65.84 +1.30)

    Topeka Capital Markets raises their NXPI tgt to $76 from $72. Co reported above seasonal rev results across its HPMS segments driven by broad-based demand strength. Firm continues to be encouraged by the breadth of demand strength and expect additional program ramps to boost 3Q14 growth. Firm believes NXPI remains positioned to benefit from product cycles and share gains into 2H14, and are optimistic about the intermediate-term growth outlook.

    NXPI 7/25/2014
    Jefferies Group
    Reiterated Rating
    Buy
    $72.00 - $80.00


    24-Jul-14 01:23 ET

    NXPI



    NXP Semi beats by $0.04, beats on revs; guides Q3 EPS above consensus, revs above consensus (64.54 )

    Reports Q2 (Jun) earnings of $1.09 per share, $0.04 better than the Capital IQ Consensus Estimate of $1.05; revenues rose 17.3% year/year to $1.39 bln vs the $1.33 bln consensus.



    Guidance:

    Co issues upside guidance for Q3, sees EPS of $1.25-1.35 vs. $1.18 Capital IQ Consensus Estimate; sees Q3 revs of $1.43-1.48 vs. $1.4 bln Capital IQ Consensus Estimate.

    Sentiment: Strong Buy

  • NXPI


    August 18, 2014 NXPI NXP Semiconductors shares should be bought, says Sterne Agee


    Sterne Agee expects NXP Semiconductors to significantly benefit from the proliferation of EMV cards in the U.S. and China. The firm also thinks the company will be boosted by strength in its automotive and mobile payments markets, and predicts that its gross margins and revenue will beat expectations going forward. The firm keeps an $82 price target and Buy rating on the shares.

    Note that Goldman Sachs downgraded NXP Semiconductors to Sell from Neutral earlier today

    https://twitter.com/zenni503/statuses/501374225341747200

    Sentiment: Strong Buy

  • busy26795 busy26795 Aug 15, 2014 1:39 PM Flag

    Oil guidance for the year is 42-47K barrels/day compared with where the co entered the year at around 42K barrels/day. On an annual basis, oil production should grow 40-50% above the co's FY14 annual oil volumes. The co said it continues to integrate EPL into Energy XXI and it has seen savings ahead of what it originally expected.

    In Q&A, some wondered if the co's guidance was conservative (co hasn't provided guidance in the past). At the mid-point of guidance, FY15 production is expected to increase 37% over the prior year, with oil volumes 48% ahead of the prior year. July 2014 production ~ 59,000 BOE/d with 42,000 barrels per day of oil.

    Sentiment: Strong Buy

  • busy26795 busy26795 Aug 15, 2014 1:24 PM Flag

    In the quarter, production came in ahead of guidance for the quarter with a higher percentage of oil in forecast. Co increased reserves once again as it has every year since the co was formed. That gives the co a six-year annual growth rate of nearly 40%.

    The EPL acquisition was the primary driver of growth following the prior year when organic additions lifted reserves nearly 50%. Still, organic additions in FY14 net of revisions added 12 mln barrels of oil, giving us a 72% organic reserve replacement overall. Co replaced 124% of its production organically and notes that oil is really what matters in this value equation.

    Oil is the sole focus of the co's core joint program, and it successfully grew its oil reserves organically in addition to the 53 mln barrels of oil that it required in the EPL deal. Those oil barrels drove EXXI's PV-10 value to $7.6 bln on proved reserves and $14.6 bln on a 3P basis Having acquired the EPL assets right before its year-end, its team was unable to review each of their reservoir, so the co we believes there's still potential for more upside booking of the 3Ps reserve data this year.

    Both oil and overall production came in ahead of guidance. Full-year production averaged 45,000 barrels a day, of which 67% were liquids.

    Sentiment: Strong Buy

  • 15-Aug-14 09:51 ET

    EXXI

    Energy XXI: Stock looks oversold; tgt lowered to $30 at Canaccord Genuity but maintain Buy
    Canaccord Genuity lowers their EXXI tgt to $30 from $36 following disappointing production guidance. That said, firm still likes EXII for its oil-weighted asset base, the horizontal drilling program in the Gulf of Mexico (GOM), a history of generating free cash, and potential upside from its exploration program. The acquisition of EPL makes EXXI the largest public independent producer on the GOM Shelf. A "hard" NAV of ~$28 underpins solid value, in firm's view.

    Sentiment: Strong Buy

  • busy26795 busy26795 Aug 14, 2014 1:49 PM Flag

    Here is the link directly to the article http://www.cnbc.com/id/101918245?__source=cnbcsocial|madmoney&par=cnbcsocial&utm_source=dlvr.it&utm_medium=twitter

  • busy26795 busy26795 Aug 14, 2014 1:43 PM Flag

    "Now, before I go any further, let me make one thing very clear. I am not recommending Zoe's right here. I am not calling it a buy."

    " However, if you're intrigued and thinking about establishing a small position, Cramer added "shares have gained 10 percent in only 5 days. I wouldn't even think about touching it until next week, at the earliest. And it's only for speculation.The track record of most restaurant stocks that have come public in the last few years is nothing to write home about, especially when there is a lot of insider selling as there is with this one right now."

    Also, if you're wondering if Zoe's could be the next Chipotle, Cramer said watch same-store sales figures, very carefully. "As it stands now, Zoe's may have a strong concept with excellent unit growth, but they're not generating Chipotle style same store sales figures." That, he says, the Street will notice.

  • busy26795 busy26795 Aug 14, 2014 1:39 PM Flag

    You have to go tho the link on the Tweet to see the story and video...sorry

  • ZOES Cramer's Write up from his show last night...scroll all the way down

    Cramer said, "Do not buy now" Lots insider selling etc. He said that this morning too

    Video here and text all the way down...scroll down

    https://twitter.com/MadMoneyOnCNBC/status/499685733569802240

  • SUNE SunEdison reinstated with a Buy at Goldman ;Target $28

    Sentiment: Strong Buy

OCN
27.94+0.45(+1.64%)Aug 29 4:07 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.