Hope new year brings all the lost value in DF back.
Let's pray DF management works in the best interest for investors.
HAPPY NEW YEAR.. BYE BYE 2010.. WELCOME 2011
Mike DELL ,
Please do not invest in a company that is losing money for past three years even though there revenue increasing twice.
Do NOT give three times its market value of Aug 9,2010 i.e. 8.53.
Let HP can have 3PAR for 30$.
Do not waste money for buying, Let's create 3PAR by investing 2Billion in another venture.
It should not affect SID that much but Steel Sector will jump.
Good if SID also rides the Wave. Before Results , it should touch 5.80-6$. and After Result another 1-2$. As Analysts Upgrades come in.
VALE is waiting for results and accumulation that is occurring during these days. When it goes down , Loss limit gets triggered but again it bounces back. After the results , VALE will pop same as BHP , CLF. and reach 17$ within one-two weeks. and By June , it will reach 20$.
Today also it will increase by 1.50$.... Fireworks will start from 20.90 to 21.50...
I don't see that many options standing so no chance of getting lower due to option ending day.
Yesterday , Due to one long selling its position after huge buy, lowered the price from 21 to 20.
Today also you will see the same thing , Shorters will wait for that lowered down position.
There are approximately 35-38 million short position waiting as Last thursday's massacre of 25 million shares are still waiting to be grabbed. Shorters shorted the shares last thursday as there were no tomorrow.
But Longs turned out to be fortunate , I see its GOD's justice.
Sentiment: Strong Buy
Shorts are 66 million now as of today ( approximate , we will know after 15 days ), but they want to cover as
tomorrow SID ( CSN ) is going to give very good Q4 results. Iron ore price in this quarter also averaged 140USD. so this quarter will be excellent for all steel company. Don't sell till you get all your money BACK.
Sentiment: Strong Buy
From January as Saudi is going to follow its own pricing structure for heavy crude , Valero is one of the few refiners with the technology to distile log-grade high sulfur crude into final product. It is going to make high profits.
Valero with its key acqusitions and timely partnership with austrlain firm to buy bio-fuel will produce 10-15% ethanonel contained gasoline with very high margin.
16.60 current price is very good bargain , once high investment bankers run this stock, short sellers will run for the covers, which will inturn drive the prices higher. Whoever has shorted from $20 price will be forced to cover their position.
My prediction will be reaching to 20$ with 5 weeks timeframe.
Average Price of Iron Ore : 132 USD in this quarter around 10% more from previous Quarter
Average Price of BRLUSD: 2.20 1USD = 2.2USD around 10% more from previous quarter
Average Growth in the industry: 15-18%, Look at RIO TINTO announced yesterday 18% growth
I believe by Q3 Results it will be 6.5 easilbggg
Sentiment: Strong Buy
Monday will be awesome day for long.
Shorters better cover yourself or get burnt.
DF is going to have good quarter. Avg. Butterfat price in this
quarter was equal to last year.
It will easily shoot to 9$ in January.Put Contracts are very less in actual money , compared to what you buy or sell actual.
if lot of put contracts compared to Call , who cares.
Shorters are still in denial and that's why they are holding it up.. But they don't know as long as they will supress the spring.. it will bounce back with force....
I see price of 24$ very soon.....
Today's news by some CEO that Iron ore price will be between 110USD to 180USD is already discounted , when Goldman Sachs report came out.
If 10 different CEO say the same thing that does not mean stock has to drop 10% every time and its value goes to ZERO.
I am buying in at this price. at 110USD , all Steel company will have decent margin of 35%. With little cost cutting . SID can maintain about 60 cents USD EPS per year , hence PE ratio is just 7 at this price.
My Dear friend , SID pays dividend just one time. so Annualized yield is also 4.48%. Last quarter they paid special dividend as USA taxes were getting changed. It is undervalued now , so anytime it can jump. If it goes below 4 , many hedge funds will jump in. Once Theyssenkrup deal is announced , It will skyrocket. This deal will not deplet its balance sheet. But strengthen the products mix. and getting 12Billion USD infrastructure at 3 Billion is cheap deal.
You poor guy , caught in short sell.... It is going to 6$ , very very soon. beyond your imagination. Brazil showing strong quarter growth , have strong GDP in first quarter 2013. Also 2014 , 2015 , will be marked as year of Infrastructure Investment to boot GDP. You should have bought some shares rather than selling it.
Cash Flow increased dramitically , Inventory are very low. Cost is undeer Control. If you take EBIDTA profit , It is really Wonderful. Only Net Profit Sucks . It may be Due to increase in Dividend ( About 20 USCents per share ).
If consider net profit it is 17 US cents per quarter i.e. almost 70 cents per year.. with P/E ratio just 8. If you consider P/E ratio to be 10. It can reach 7US$ very soon. and with 53million shorts. They will help reach that goal sooner.
Analyst higher estimates were 11 US Cents and Lower estimates 4 US cents. This is in USD. Look at Google Analysis. Yahoo normally have higher estimates. The Drop occured during last 2 weeks was due to Cyprus and Other steel earning. But Both the issue has been resolved now. and They have around 18 million shorts. I see price climbing to 4.95 on Monday and Then 5.20 on tuesday.
Sentiment: Strong Sell
50 million shares short as of 10/15/2013. another 10 million compared to 9/30.
Either someone knows what will be out on Q3 Results hence shorting the stock or they must have plenty to spend.
I see 6.50 by OCT31 and If results are too GOOD , then it will be fireworks for two more weeks.
I agree . Iron ore Price up , 10% currency favour , growth . It is exapanding its Production capacity. Moved Away from Thyssenkrupp buying which was main reason for the artificial drop from shorters.
Now we have 40 million shorters like you , wondering why SID is going up. I believe it can goto 6.29 high. and shorters burn they themselves will take stock up. See last few days volume , they mist have covered at least 10 million shares and stock jumped from 4.50 to 5.50. They have 20 million more to cover ( Assuming 10 million short stocks were always there ) . Prices will go to 6.50 easily.
Do not buy this stock as there is n't any reason, that this stock could go to 18$ by April and 25$ by august.
This is Trap for normal investors. Till last week , no one was buying this stock and within one week , what changed to fall in love with this stock...
This is SCAM.... do not fall into it. I have already burnt my finger last time.. when this stock was take over target.... but see what happened... It dropped from 15$ to 11.70 with in month.