Liveris coming on CNBC to discuss merger with Olin. For what it's worth, Cramer is talking about huge expectations about this association. Thinks stock will advance much further once Liveris explains details of this merger.
Stock up over 4% currently pre-market.
First, I have on IGNORE both newemaillouis and sub4guy. Never have to read their inane blogs again. No input from them going forward. Second, I will be looking for my annual report.
I like what this company is doing. And thanks for the good input that is MEANINGFUL, not a lot of blatherskite. Short term the
correction has been tough but the markets always are. Always invest in a company in which you understand and have conviction to withstand temporary corrections. If not, the shorts and market manipulation will get ya. I like confirmation and Klaus
is 'spot on'. A dynamic CEO with a understandable message.
Sentiment: Strong Buy
So let me make this example simple for everyone. In the current situation you were receiving $1,000 yearly dividends ($ 1 x 1,000 shares). With this new scenario you now will receive a TOTAL dividends of $ 579.60 ($2.40 x 200 CSAC + .60 x 166 WIN). In short,
you receive a REDUCTION of yearly dividends vs. today of $ 420.40 or 42.04%.
Disc: No position in WIN.
You guys quibble over about 30 cents a share on a stock that may really run now. How petty!
I added more shares today on this my largest holding. And I bought at a higher price than this morning. I wanted to see resistance off its lows. Great sign today on both price and volume action for upside potential. And I'm not looking for a weeks run but 2-3 YEAR run.
Everything you cited is correct. I began buying this stock in 2009 in the $5 range. Very small position then.
Living in Germany for 5 years (in the food business) I always admired the German work ethic. Siemens is an excellent example of German ingenuity and intelligence. Kleinsfeld came from Siemens to turnaround this company after it collapsed. I began buying more shares when I learned more of his background. I believe he is the right guy in the right place. Therefore, I began adding, adding, and adding more shares many of which were in the $ 7 and $ 8 range. I have bought recently as high as $16 and as low as last Friday in the $12+ area.
Just in my regular account alone I have purchased shares 92 additional times since my original purchase with no sales. Like you, I have a 2-3 year horizon and (anticipate) a $25 price and, perhaps, beyond. This stock is now my largest holding.
Anything can happen in a stock but I believe the downside is limited. Heck, when the commodity was higher and the company 'lived off' only the upstream business the stock hit in the $ 40's just 7 years ago. And the
dividend was CONSIDERABLY higher. Now with Kleinsfeld accentuating the mid and downstream side of the business (and successfully thus far) it can only add to the bottom line which has been demonstrated in the last several quarterly reports (beating analysts expectations both on the top and bottom line). If the spot price on the commodity side should improve (like it did recently) and hold it will only add to the bottom line and
pressure the price of the stock to the upside. Lately has been positive for the shorts but things can change rapidly. But I just continue to add on the dips and will continue to do so. I, too, am retired but have been investing since I was 13 years old. It's fascinating and sometimes tough to take but one must have a plan and if something happens adjust accordingly. Good luck to ya!
It's the 6th of April. I just added more shares off the low today. I guess if I liked it at $14.50 I should 'love' it at $12.80....
And I've seen the street WRONG a plethora of times. This company has a great CEO who came from SIEMENS which is one of the best companies in the world. He's doing the right things. I've been adding a lot to casino stocks on their huge retreat. Check them out today. I believe in the casinos like this one. Sell-offs are a great buying opportunity but you need a 'strong stomach' to take the short term pain. Trust me, EVERYONE has trouble with 'pain' in the stock market. Investing is one of the hardest (if not the hardest) endeavor on which anyone can take. It's a true challenge.
Earnings come about, I believe, on the 6th of April. I suspect there will be a rally prior to earnings announcement. Watch out for that. This will be a good sign as to whether earnings will be positive. If this is the case I suspect that there will be some selling for those capturing a quick gain. (There is so much manipulation within a stock for the pros to take advantage of naive 'investors'). If earnings is above 'analysts' (a term used very loosely here) expectations and once the quick selling subsides there is a very good chance that stock will proceed upward and it could be very pleasing for the longs. Good luck.
It's sure hard to understand. But no one understands the markets. Lot of emotion and misunderstanding.
Helps to have an awareness what the company is doing; therefore, you can add shares or (at least) hold your existing ones. Lot of panic selling doing on now and the shorts and those getting margin calls exacerbates the
situation. Good luck.
Yeah, long term it is. The shorts own this stock now and, perhaps, those getting margin calls adding additional downside pressure. So, it does present you a good entry point or (at least) a chance to add shares. Pay cash and patiently wait. You will be rewarded. The company is in transformation. It helps to get nearly a 1% divi
to help 'ease' the wait. Beats that stupendous money and cd rates.
Just UPGRADED this morning by Brean Capital citing its diversity in China particularly with its casino in Singapore. Noted its casual shoppes attracting tourist buying. $65 price target. Nice to see something upgraded in this field. Great stock to own 'if' one has some patience. So much negativity lately has created enormous buying opportunity in the stock.
Sentiment: Strong Buy
Yeah, finally a good day. Added more this morning. It's been a rough few weeks, in particular. It's a 2 year story for me which has been my plan ALL along!
These 'baboons' as you so fecklessly described have made me rich. And who the heck are you to call these guys 'baboons' who have made BILLIONS $'s running these great companies which they put together themselves. If you want to see a BABOON look in the mirror, you NUT! You MUST be an OBAMANITE! All of you are WORTHLESS!
Both Adelson and Steve are very shareholder friendly and BOTH owns large chunks of company stock. I mean major percentage of share count. If dividends are cut by these guys then no divi is safe with any company. NONE!
The operators have been extremely successful there. The rules have changed. So leave it to politicians to try to derail something that has been successful. Yeah, there is no logic. I would expect that there is a lot of 'dialogue' between casino operators and the government on what is taking place. It seems free choice really is nonexistence in these controlled government countries. They (Chinamen) want something different that only the free world can provide and then HAMMER the businesses offering these great amenities. After witnessing what China has done would prevent me from ever entertaining the idea of investing or building anything in this crazy country.
And the argument about having more options vs. gaming is ridiculous. Steve Wynn has and always will build a leisure paradise full of all the amenities. He strives for the 'full' experience and not just gaming. He even discussed this during his last conference call. One could conclude that it is extremely risky to deal with these crazy countries, particularly communist ones. Just compare what
Adelson and Wynn have done there compared to casinos already existent before their arrival.
It's like comparing DAY VS. NIGHT. I think you live there. You know exactly what I mean.
It seems that the rules are always changing. If Japan decides on gambling the operators must
get a firm 'understanding' what is and what isn't allowed. And no changes going forward after the casinos are constructed. And they "aren't gambling like they were". If so, these stocks would not have plummeted. Even the 'honest' high roller is avoiding the area. What gambler wants the government breathing down their neck to see what he/she is doing. No ones invites hassling or intimidation. I'm just sick of government meddling into affairs. Have some controls but don't try to destroy a holiday destination (Macau) that is prevalent over all others in the free world or elsewhere. Macau is a wonderful area that is now being tainted by the hapless government officials. Must be getting advice from Obama.
(1) China government forcing 'high rollers' to go else where to gamble such as Korea. Gamblers will find a way around the system to get what THEY want. So, I guess the Chinese can put the 'high rollers' in prison to get what they want and put small casino there. Then they can really exhibit total control. The smoking ban is crazy. Why doesn't the Government do something about their overall air quality. It's horrible there. But these NUTTY government heads will concentrate on SMOKING????? In short, Macau losses and outside areas GAIN. Makes no sense. Some employes will be terminated and those in Korea will see employment increase. This is so DUMB! Second, company will go ex-dividend next week (Thursday). Third, I want to see what the earnings will be for the current quarter and what Adelson has to say. There has been SO MUCH negativity, particularly the past few days. Comments about dividends, etc.,made by zealot analysts. These guys are never right. I'm taking a small beating here but will STAND firm and see what happens in earnings period. A couple analysts have made positive comments but go unnoticed. Only the negative ones are highlighted. Typical manipulation! So, shorts, enjoy your time. It could really be short lived.
Hard to believe but stock exploded up today on tremendous volume (up a few pennies). Would you believe TOTAL buy activity was a whopping $ 10,481. Yeah, just under $11,000 TOTAL activity. Just think --- if pmdkia decides to sell his shares there is NO one to buy them. And according to him
he has a plethora of shares. 5,750 TOTAL shares bought today. 5,750 shares!!!!!!!!!!
What a pathetic company. No credibility and no one buying except those naive, uninformed 'investors' (a term used very loosely here) buying something with literally NO value thinking
something is 'cheap' with explosive upside. This LOSER is cheap because it is worth nothing.
Pretty accurate statement. Even an 'imbecile' like you can learn something orrrr 'maybe not'. Thanks for the reminder. For those looking at any investment ALWAYS play with cash (never margin) and have money you can either afford to lose OR can wait for a recovery assuming the investment is worth holding. Make sure the reasons you bought the stock are still valid. And don't be 'influenced' by imbeciles on the board UNLESS he/she offers solid reasoning which should be considered. Fools are fools and, ultimately, fail while the wise listen and benefit from logical input. Good luck.
When a stock falls these NUTS seem omnipresent, ubiquitous.
Always negative. Why? To divert their attention from their own failure as an 'investor' (a term used very loosely here). These zealots are LOSERS.
I for one appreciate good input (negative or positive) as long as it has
some credence and support of the statement. There are myriad fools out there; and their input is meaningless. I,too, have added shares down here. Wynn and Adelson are great CEO'S. My money is on them. I have learned to NEVER underestimate these kinds of leaders and ALWAYS bet with them, not against. One of my main criteria is the CEO before I decide even to commence a position. I want a proven and successful leader and we have it with Steve. Good luck to the longs. As for these negative imbeciles on this board 'may you find your gravesite soon, very soon'!