Don't you ever get tired of playing the fool. You have never been right.
This man is incompetent and weak. Start cutting, begin at the top and work down from there. Fire the BOD and get this greedy bunch of fools out now. We need business people in here, not a bunch of gamblers that roll the dice with the shareholder's company.
Schiller is still there along with his cronies. This has to be dealt with, these incompetents don't have the smarts to run the business in these difficult times. It would be a huge boost to confidence if they could be removed and an experienced, proven CEO installed.
I plan on communicating with Bass and requesting he take the initiative in moving Schiller out of Management. Hopefully, he can get the big investors behind this effort.
I am not going to re-post it here but you can read my posts on Stockhouse. Bottom line is, the debt is being dealt with soon. The EF will be monetized or JV'd.
I was reading some of the documentation from the initial offering, these guys own a good deal of rights in fields that have quite a bit of oil left in place that should now be extractable with current technology. That means reserve additions are coming and should give addition value to the shares along with longer life to production. The Natural Gas assets come pretty much for free and should gas prices increase it could add tremendous value.
Nothing wrong with this company except we are seeing a huge bailout by funds before the end of the quarter(9/30). They are well run and diversified while being a low cost producer. Their location is good too. The stock is ludicrously oversold(14 week RSI is 6.73). That said, the upside for the next year is probably no more than $34, but in the future years it could have a lot more upside. They must pay out 30% of earnings so the dividend is predictable and you share in any earnings growth. Nothing is for certain but, this is definitely worth being in at this value. One other thing pounding the share price is the mass exodus of investment dollars from the emerging markets which has nothing to do with SQM fundamentals.
Yes. Weekly settle above the 50 week moving average. More significant is the coming Golden Cross M/A crossover which should trigger Algo and Fund buying.
You can view the article on the S/A website. Looking good for upcoming results and beyond.
They trot out a bunch of Long only pumpers to lure you into the market at the highs so they can inflate their book or liquidate their shares. Horrible people.
The Brent/WTI spread closed at its narrowest spread in well over a year. That explains a lot of this I believe. I wouldn't panic. They should be able to make good money going forward. We need the price gap filled from June 24.
They are going to railcar supply which requires buying a lot of crude at the origin point rather than FOB/CIF their refinery. THEY ARE IMPROVING THEIR MARGINS BUT THE TRADEOFF is having to finance more inventory. The suppliers of railcar crude want to be paid fob Bakkan or Canadian loading point. They are displacing Brent based cargoes, many of these were sold delivered to PBF locations.