tell me about it!!
a company like this making money hand over fist and a PE of 3???
this has got to be a totally manipulated stock
imo - a dip back to 5 is possible but more likely is a move back to the 15 level as we find out the eldarado plant is complete and a full production date is announced.
it is all about psych bs and manipulation - fuel is damn near free compared to a couple years ago - these airlines are making crazy profits and AA stock should be doing better than any - and probably will at some point -- PE of 6 is silly...
obviously we won't be seeing $50 anytime soon with all their new found debt - but if they get the new capacity up and running they should be able to manage their finances and regain shareholder confidence - that is what this share price is all about.. just 2wks from now we should have a better feeling about how much of a "buy of a lifetime" this is.
the next rpt should be just around the corner-early feb. unless something has changed, they will rpt continued advancement in getting this show back on the road. they should have good clarity on the eldarado plant and if on target they will have some extra cash in the bank with what they put back for over-runs and a pile of backlog. might be just me, but I think the next few months could be very positive
for new buyers this stock should be a nice opportunity = 1st div@25% then down to 5%/Q with huge opportunity for price appreciation -- still doesn't feel so good to those of us that got in before the drop began
PE currently 6?? paying CASH for new planes? - fuel dirt cheap? - flights full?
Im thinkin we go back to the 50s instead..
guess tgp might be a good buy at this level = 25%div on first div and 4-5% thereafter??
note dlng just announced they will RAISE their payout after buying another ship....
they said in the cc that they had the funding for the next ship/drop -- beyond that ??? these companies can sustain what they have with no problem but can't grow with the low sp without incredible dilution
the root of the problem imo..
obama and the eu sucking up to iram has caused opec to hammer everyone - including themselves - via flooding the market with oil
actually, in Jan they will likely issue themselves a million stock options at this extremely depressed price -- just watch...
of course the ones they got last year won't be worth anything for a while but the cheap options should pay them nicely
I think this guy is fos - these transportation outfits will have their growth restricted by the low stock price but their revenues will continue to flow - wait til next Q rpt when paper losses are not included and things will look much better JMO...
being a child of a healthy family is a good thing for ENBL
also the fact that most revenue is related to transportation/processing/storage vs commodity profits
low prices increase demand = someone has to transport every gallon/cuft of product used
I am continuing to add to this position and DLNG for those reasons