Obama gets the blame for a lot of what he inherited from BUSH. Total financial meltdown of the economy, from which we're still recovering. Economists estimate it will take a minimum of a decade to heal the economy and may take a generation. And when it comes to politics, its all about the economy. Forget the mess that George W. got us in with Iraq and Afganistan. Still don't know why we are fighting in Afganistan. At least with Iraq we all knew it was about oil.
This deal is for Siberian nat gas to China. No impact on anyone else. If the Nat Gas didn't get sold to China, there would be no other buyers because of its location. China is paying for the development of the field and infrastructure needed to transport from Siberia to China. That's how desperate China is. This nat gas will replace coal in China's energy diet. Another nail in coals coffin.
I don't think there is a more incompetent mgt team than the one currently heading CLF. Their only solution to solving CLF's problems seems to be cutting capital spending. That's it. Talk about having monkeys in charge of the zoo. I appreciate the entire industry group is down big and there is significant excess capacity right now in Iron ore, but, there are moves that CLF mgt could make. If nothing else, they could communicate. Say something, anything. They seem to be hunkered down in their bunker watching their stock options wither away. If the current CEO has no new ideas, its time for him to step aside and make way for a fresh perspective. Casablanca may not be the solution but they sure aren't the problem.
The only thing holding back the advance of civilization is organized religion. The Catholic church is strongest in the poorest parts of the world. Where people have nothing but faith to rely on. What is considered normal scientific discourse today was cause for burning people at the stake 800 years ago.
Also, what we know as the French today were relatively late arrivals in France, preceded by numerous tribes that ebbed and flowed through French history. Don't forget that Julius Caesar, during his conquest of Gaul, killed off more than half the population and burned most towns and villages to the ground. Napoleon's invasion of Russia killed off almost half of all men between the ages of 20-40 in France. The French people of today are not the French people we know from history.
BRY shareholders received LNCO stock, they are swapping out, having already made a 60% return with the acquisition. This churn will slow down eventually and the differential will narrow.
Royt had all their oil hedged at $115 through April. The hedges have now come off so their revenue is going to take a hit in May, reported in June. I'd wait before investing until you can see what effect the lower revenue is going to have. Also, their oil properties are in California and California now has water rationing, which will impact their drilling activity.
I agree, the only issue is how many shares will Lynas have when they gain profitablility ? 10,20,30 billion shares ? Its already a $0.13 share, how low can it go. And how many more shares can they sell at these prices ? 10,20,30 billion ?
Any management team that buys back shares and considers that to be the wisest use of capital should be thrown out of the offices. You could put a monkey in the CEO chair and come up with share buyback. All its good for is to maximize managements bonus packages.
So you short at $28 and pay the $2.90 dividend for the year ? That's a money maker ? I've got some land in Florida I inherited, its underwater but you might want to buy it. I'll give you a good price.
LINE isn't going to move until the next quarter results are announced. What everyone is waiting for is signs of some organic growth from their development efforts. So far they have spent a lot of money with little to show for it. Every move they've made has failed to add any value to stock price. Investors pay up for growth, not management activity and hype.
Linn uses shares to acquire property, no chance of a share buyback. Almost certainty they will have further dilutions to acquire more companies.. Just hope the value they buy is at least equal to the value of the shares they use to pay for it. Not like the BRY deal where they overpaid.
SA pays authors per click for articles, they are not the authors. The authors know that the more controversial the article, the more clicks, the more money they make. The authors may or may not believe what they write but they do laugh all the way to the bank.
The increase in DCF coverage was $0.09/share per year. Not a game changer. Probably explains the muted reaction from the markets.
Just an FYI, the DCF accretion works out to $0.09/share for the year, or about $0.0225 per share per quarter. Not exactly a game changer. Probably the reason the reaction in the market to the deal was rather muted.