i am concerned that the holding company structure will wipe out current equity holders....that's what happened with the banks that went under in 2008.
Anyone else know more details about this?
Tommie, I'm assuming this is you new user name?
Also, thanks as always for your contribution to this board. I've read your posts for over 2 years and was long Radian since $3.
oh, no its up another 3% today...ahhhh. #$%$. hope we get a summer selloff, i was really hoping to buy in heavy at lower prices :'(
im kind of ticked. I was going to accumulate a lot more shares this month. The Nikkei is rising,which I believe is also driving TEPCO's stock. I hope we get a summer selloff so TEPCO goes under $4 again lol
"TEPCO’s Desperate Search for Profit" - search on google
how do you guys see this affecting TEPCO's monopoly?
"The Ministry of Economy, Trade and Industry expects the new liberalization of the energy market to increase competition from new suppliers from the oil, gas, and telecommunications industries. Both households and companies will be able to choose their suppliers. In this new environment TEPCO could find competing extremely difficult given the continuing cost of its cleanup responsibilities. Finding new markets and customers before liberalization takes place is one of the few viable options it has available."
Also marty, TEPCO already turned an operating profit in FY2013 without reactor restarts (profit was small, something like $140M USD), so if they are allowed to hike rates to offset fuel costs, they can run without the reactors. Of course, it's much better for the company (and the nation of Japan) to restart the reactors.
Has anyone here thoroughly read through the special comprehensive business plan? It appears that TEPCO will have to pay back the government for all the money its getting now....
tommie, I love you and your posts, but can you please tone down the CAPS? hurts our eyes a little lol
tommie, what determines whether a loan in default will qualify as a claim that Radian has to pay $$ out on?