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Herbalife Ltd. Message Board

iamnathan 27 posts  |  Last Activity: Feb 25, 2015 3:31 PM Member since: Dec 16, 1999
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  • Reply to

    buying arun

    by havensomefun Feb 25, 2015 3:21 PM
    iamnathan iamnathan Feb 25, 2015 3:31 PM Flag

    I wonder how that will fit into their business model? WIll it enhance their income ?

  • I haven't found a reason yet, although it has gone up too high and too fast in the past 4 to 6 weeks.

    Maybe it's a bit of a correction being that the SP was only $6.68 on Jan. 28th.

    TIA

  • Reply to

    Anyone here have FTR service?

    by jimcalp88 Feb 24, 2015 2:36 PM
    iamnathan iamnathan Feb 24, 2015 3:22 PM Flag

    They are going to buy the territory my service is in from VZ.
    VZ is doing exactly what the FCC said they wouldn't let the big tel-co's to do - Cherry Picking the areas they want to keep !
    FYI, I had VZ repair out 4 times since mid December due to grounding on my dial-tone and DSL line.
    4 Times !
    They refused to expedite the trouble tickets on the 2nd. 3rd and 4th repairs.
    They do this on purpose, because in So. Cal., a trouble that is caused by moisture will probably be gone when they finally show up 3 days after the rain created the problem!
    They are letting their old copper facilities and plant fall apart so people like me might move services onto their more expensive FIOS services.
    They're betting that you'll move to the higher priced services in an effort to get reliable service and faster data speeds.

    I know, I worked for General Telephone, GTE, Verizon for 30 years.
    I didn't do chitty work like these guys when I was outside, although in 1997, when I transferred into the Camarillo yard, the management wanted you to get in and get out as quickly as possible.
    They wanted us to cut the time we spent on our orders and repairs.
    They didn't really care that much about good service!
    Now it's even worse then it was back then ! !

    I retired in 2006 at the age of 49.
    I couldn't stand working for a company that was providing less service, and had so many lazy, incompetent flakes in management!

    Have you tried filing a complaint with the PUC?

    Sentiment: Strong Buy

  • I wonder if they lift the shield, will the burden of the claims be shifted onto "New GM"?
    That may leave some remaining funds in this trust to be paid for the remaining GM Bonholders who were skrewed over by GM, the Unions, major shareholders and the Federal Governemnt?

    = = = = = = = = =

    Judge Weighs GM Bankruptcy Shield -- Market Talk

    DOW JONES & COMPANY, INC. 3:20 PM ET 2/17/2015
    2320 GMT [Dow Jones] U.S. Bankruptcy Judge Robert Gerber during a hearing on Tuesday expressed concerns over whether GM should be allowed to keep a shield blocking legal claims by some customers seeking damages over a defective ignition switch. He previously approved the shield as part of auto maker's 2009 government-brokered sale to U.S. Treasury. The shield prevents customers from suing for compensation for declining resale values and injuries tied to older GM compact cars that were equipped with the defective ignition switch. Arguments set to continue Wednesday.

  • iamnathan iamnathan Feb 12, 2015 3:22 PM Flag

    The fight has spilled back into bankruptcy court, where Judge Robert Gerber is being asked to determine which GM entity should be held responsible. A hearing in front of Judge Gerber is set for next week.

    The new GM says it discarded its lawsuit liabilities when Judge Gerber approved the sale of the company to the U.S. government. However, the economic-loss victims argue that General Motors(GM) ought to compensate them for things like loss of car value--in spite of the bankruptcy release--because they weren't informed of the problem by GM before the bankruptcy and weren't given the opportunity to participate in the case.

    These lawsuits are separate from those about injuries or deaths linked to the ignition-switch defect. More than 30 people have died due to the issue. GM has set aside at least $400 million to compensate those injured or the families of those killed in crashes related to the ignition switch problem.

    The U.S. government sold its last shares of GM in late 2013, around the time GM's shares reached a high of more than $ 41. The stock dropped to less than $30 a share as the ignition-switch problem widened but has since rebounded. It now trades slightly above $38.

    (Dow Jones Daily Bankruptcy Review covers news about distressed companies and those under bankruptcy protection.)

    (END) Dow Jones Newswires
    02-12-151342ET

  • The trust set up to pay back "old" GM's unsecured creditors had $835.9 million at the end of 2014, an increase from the third quarter.

    In a Thursday filing with U.S. Bankruptcy Court in Manhattan, the trust reported an increase in the "fair value" of GM's holdings, plus fewer distributions during the quarter. The trust held $905.4 million in assets at the end of the year, compared with $1.07 billion at the end of September 2014. But because only $6 million in assets were distributed, liabilities were much lower, and thus the trust has more money to distribute.

    The trust has taken on added significance recently, with customers affected by the General Motors Co.(GM) ignition- switch recall seeking money from either the old version of GM, the new company or both.

    In 2009, the auto maker's healthy assets were sold to a government-backed entity, forming the new GM. As part of GM's bankruptcy plan, burdensome liabilities were left with the old GM.

    The new GM has argued that the so-called "economic-loss" victims can only seek money from the creditor trust, which was left with the old GM in bankruptcy. The trust disagrees.

  • Reply to

    Inquired with Saskatoon

    by rehdvm2004 Dec 13, 2014 9:58 AM
    iamnathan iamnathan Jan 6, 2015 8:32 PM Flag

    On December 13, you wrote that you had asked the Saskatchewan Government in Saskatoon if they could comment on the territorial Environmental Impact Study any time soon.
    You didn't say whether they had answered you.

    On Dec. 17, you wrote that you were thinking of telephoning them.
    That was 3 weeks ago, have you made any progress ?

    TIA

  • Reply to

    Does anyone on this board actually OWN an EV???

    by rwh4fshg Dec 29, 2014 12:19 PM
    iamnathan iamnathan Dec 30, 2014 6:37 AM Flag

    No existing charging stations?
    What out in the sticks, back woods or rural area do you live at, or do you live in a 3rd world country?
    Back in the late 1990's, before several manufactureres started selling EV's, our local Home Depot built a larger store to move into and put in at least 4 parking spaces with charging stations.
    BTW, it wouldn't cost very much to have an outlet installed in your garage to recharge overnight, which I asume most people with EV's do.
    An EV is mainly for commuting and errands, not road trips!
    If you want a vehicle to go on extended drives and don't want to wait to recharge, you need to buy a hybrid, gasoline, diesel or NG powered vehicle.
    That said, several companies are working on the tech to lower prices on longer range vehicles and batteries that can be recharged in just a few minutes.
    Just don't expect that technology to come from a company based in China unless they buy or steal the technology from a company in another country !

  • Reply to

    What I plan on doing here

    by kbonse Dec 19, 2014 10:26 PM
    iamnathan iamnathan Dec 21, 2014 8:04 PM Flag

    You wrote, " I will consider buying if we head lower than $3 a share. (Strictly because buying more here will throw my portfolio out of balance) Looking to add financials and depressed oil instead."

    My advise is to buy one or more of the smaller O&G companies that have had their SP beaten down, yet still have good fundamentals including their book value.

    O&G will always go back up, so the SP of those companies will also go back up, OR, they might receive an
    acquisition offer above your purchase price from another company.

    An example: I own 1,000's of shares of TLM. Spain's Respol has made an offer to buy TLM for $8 U.S. per share, plus acquiring their debts.
    The BOD of both companies have approved the purchase, so now it goes out to a vote by the shareholders.

    There will be more mergers and acquisitions made while the currently low price of oil has depressed the SP's of most O&G companies.

    BUY when there is fear and the market is scared and selling.
    SELL when there is too much buying and greed.

    GLTA, Happy Holidays and Happy New Year !

  • Reply to

    Opinions on why BYDDF is falling every day ?

    by iamnathan Dec 17, 2014 12:12 PM
    iamnathan iamnathan Dec 19, 2014 3:41 PM Flag

    I didn't take advice from starteam, and you can keep your opinion to yourself, JERK-00F !
    Bah-Humbug and a SHlTTY New Year To You ! !

  • Reply to

    Opinions on why BYDDF is falling every day ?

    by iamnathan Dec 17, 2014 12:12 PM
    iamnathan iamnathan Dec 19, 2014 5:23 AM Flag

    I posted two articles under seperate topics on this board yesterday morning.
    BYDDF fell Big Time on the Hong Kong exchange yesterday.
    BYDDF shares on the Hong Kong shouldn't be affected by the strength of the US dollar.

  • Reply to

    BYD shares sink by a third in mystery sell-off

    by iamnathan Dec 18, 2014 5:41 AM
    iamnathan iamnathan Dec 18, 2014 3:57 PM Flag

    I can't remember if Buffet's stake was private or through common shares.
    If it is in common shares, he may have to file a SEC Form 4 within 3 days of the sale of shares?
    Then again, being that it's a Chinese company, I'm not sure if the same rules apply, although it does trade on our markets through an ADR.
    I would hope that Buffet is honest and moral enough to make it be known if he has sold part of all of his stake regardless of whether he is required to do so !

  • Reply to

    Speaks with fork tongue

    by snugplug Dec 3, 2014 6:02 PM
    iamnathan iamnathan Dec 18, 2014 3:51 PM Flag

    The factory is in Plamdale to build the buses they've sold to L.A. and to other local municipaliites if they get purchase orders from them. They also have offices and a showroom with models of their cars in L.A. I haven't driven to L.A. to check out the showroom.

  • Reply to

    BYD shares sink by a third in mystery sell-off

    by iamnathan Dec 18, 2014 5:41 AM
    iamnathan iamnathan Dec 18, 2014 3:44 PM Flag

    Please provide verification that Buffet is bailing. Thanks

  • December 18, 2014 9:59 am
    BYD shares sink by a third in mystery sell-off
    Tom Mitchell in Beijing

    Shares in BYD, the Chinese electric car company part-owned by Warren Buffett, fell as much as 47 per cent during a bout of panic selling.

    BYD’s Hong Kong-traded shares rebounded partially in late trading to close down 29 per cent, at HK$25.05, on Thursday. Trading volumes were very heavy, at 40 times the previous day’s 15-day moving average, according to Bloomberg data.

    In a statement issued after the market closed, the company’s board said it was not aware of any reason for the sharp sell-off.

  • Chinese Electric-Car Maker BYD's Shares Plunge

    DOW JONES & COMPANY, INC. 12:27 AM ET 12/18/2014

    SHANGHAI--BYD Co.(BYDDF), the Chinese electric-car maker backed by U.S. investor Warren Buffett, saw its shares fall more than 40% on Thursday amid a worsening outlook for the Chinese car market and lower oil prices.

    The reason for the sharp drop wasn't immediately clear. A BYD spokeswoman said the company's operations remained normal and that it didn't see an explanation. "Everything's well," she said. "I think it's market behavior. We'll pay attention to it."

    BYD's shares gained a bit back later Thursday, and were trading late in the session at 25.20 Hong Kong dollars, down 28%.

    A 50% drop in oil prices over the past six months has pressured green stocks in a number of areas.

    The company also has been beset by rising competition for its conventional, gasoline-powered cars. In October it reported a third-quarter profit drop of 26% and said it expects this year's profit to fall by up to 22%. Auto sales growth in China has slowed in recent months amid a broader drop in China's economic momentum.

    Mr. Buffett's investment vehicle, Berkshire Hathaway Inc.(BRK/A), owned a nearly 25% stake in BYD as of Sept. 30, according to FactSet. The spokeswoman said the company didn't think the drop was related to Berkshire Hathaway(BRK/A).

    (END) Dow Jones Newswires 12-18-140327ET

  • Reply to

    Opinions on why BYDDF is falling every day ?

    by iamnathan Dec 17, 2014 12:12 PM
    iamnathan iamnathan Dec 17, 2014 4:27 PM Flag

    " no point selling now just hold on and see what next year bring.."
    You advised me to hold on Sept 17th.
    Had I sold at that time I would have made an extra $2.38 per share, which is over 50% higher than today's SP !
    I'm not blaming you, as I should have made up my mind and just gone ahead and do it already! I could have always bought back later, although I doubt that I would have done so !

  • Hello fellow suffering shareholders, I have owned BYDDF for more than 3 years, and am very disappointed in their poor performance !
    They have a lack of focus, direction and promotion of their business model, technologies and products.
    They have changed their focus between electric cars, car batteries, electric buses, and commercial size battery modules to store power from solar or to recharge from the grid and night for use during the day for use at
    businesses and homes, etc.
    They seem to want to be a Jack of all technology, but are successful in none !
    The SP has suffered a lot due to the lack of focus and resulting lack of profits.
    Around Sept. 17th I was considering whether to sell part of all of my positions in BYDDF.
    On that day the SP was $6.93, today it is $4.55 ! - {:-( - Waaaa...

    I wonder if the SP has dropped more recently due to the China and Hong Kong exchanges being opened to foreign traders?

    Any opinions on what the F is going on here?

    TIA and GLTA !

  • Reply to

    Nice Xmas present Wang lol

    by basey_333 Dec 17, 2014 2:00 AM
    iamnathan iamnathan Dec 17, 2014 11:46 AM Flag

    This has been a consistent year for BYD. The share price has been consistant in dropping ! - {:-( . Waaaaa...

  • Reply to

    would this piece of news help BYD at all?

    by starteam003 Sep 17, 2014 8:28 AM
    iamnathan iamnathan Dec 15, 2014 12:32 PM Flag

    I sure wish I had acted on my instincts and sold on Sept 17 !
    The SP was traded between 6.92 and 6.95 that day on 33,800 shares. Th SP has sunk to $4.86 at the moment. (per Fidelity)
    It seems that BYDDF has been sinking since the Chinese Stock Markets were opened to foreign traders ?

    Does anyone know why YahPoo shows the BYDDF at $6.95 with NO Volume ?
    Fidelity shows $4.86 with 31,184 shares traded so far today.

    TIA

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