Its the smart investor sect leaving NADL for all of the
obvious reasons that tells everyone why NADL is down
over 80 %
If the sanctions and the Brent price drop were not issues……
then the shorts or other "demons" of the terrible stock market
would not have a chance to stand in the way of this stock.
Whatever happened to just saying "I was wrong" …..?
That has happened many times in my investing career….!
85 % of everyone here blames someone else when
they are wrong...! Egos more important than profits.
I think NADL will survive........
but I don't know in what configuration.
This stock will not do anything until 2017.....
So I agree with you its spec $$ to be bought on down
drafts for many quarters until Putin decides he needs
the Kara Sea capital more than he needs to be
Who is next in line in Russia if Putin is out of the picture...?
Thanks for your posts today...have a nice weekend.
JM20 & L528 (wife's address) by accident
shorts have very little impact on good quality investments
If you let the shorts "annoy the cr_p outta you" maybe you need to understand better
why the shorts pick on your stock selections...?
not an issue at all if LOCO closes down today, after its pop this week
If the overall market is down next week, it will be interesting to see if LOCO
can hold its level (interesting, but not a prerequisite)
Next important event for long LOCO investors IMO will be the week prior to the next
earnings report......all else until then is just market action.
I will not own LOCO until it hits under $ 21
I have never been short LOCO.
If LOCO never retreats to $ 21 then its OK with me for I will
surely find other interesting stocks to invest into.
To me, no single stock is a "must invest" proposition.
Now, since you asked, I am watching HON, ROST, PSX
BEAV, ETE, JACK, LB, HIO & FGRI to name only a few
Thanks for your reply
I don't think the the news about an extension of the termination date to
May 2017…..is important.
I agree that Rosneft, XOM, SLB, NADL all work well together.
And they all want to work together again………BUT………
They do not decide their own fate.
The Kara Sea project is not predicated by a signing of a contract, but
rather by geopolitical sanctions AND the spot price of Brent.
Once these 2 important issues are resolved then of course NADL/SDRL
along with XOM will sit down and write up a new contract based upon the
existing terms of the marketplace.
I think all investors knew this all along.
All informed investors knew sanctions and Brent spot were the real killers
for the 2016-17 Kara Drilling program.
I also think NADL should NOT wait on the Russian sanctions being
removed any time soon. NADL should aggressively market its HE assets
to other E&P firms anywhere in the world
Maybe buy more NADL under $ 1.20 …..?
For a long term hold at least until mid 2017.
Hanging one's hopes for NADL on the famed Rosneft deal is folly.
Which US Prez, present or future, will remove the sanctions that make
any Rosneft deal relevant….given Putin's continued actions..?
Yes Rosneft wants to develop Kara no matter what, but who will help NADL
and Rosneft complete this drilling program. Most western energy services
firms will not want to cross the US/EU sanctions.
Kara Sea HE drilling is one of the highest cost projects in the world. No
reason for Rosneft to drill with Brent below $ 90. $ 90 brent puts the US
shale industry back in business and will push Brent back down.
"Could happen in 15 months" is not my type of investing methodology….
especially when you are dealing with Putin.
My target is for Brent to stay above $ 70 for 6 months…….so the NOCs
and the IOCs can be more comfortable in making capital budget increases for 2016 regarding UDW E&P programs.
Clearly we have very different time frames.
Nothing really matters for PACD until Brent stabilizes at higher levels.
Not even a new USGOM contract with CVX in Q2 2015 makes a big
If Brent stays above $ 70 for the second half of 2015 then PACD should have 8 drill-ships operating in 2017. 8 operating drill-ships solves all of PACD debt issues, restores the dividend and provides for very good
stock capital appreciation from current levels.
2 for one split = "big deal" to me
ROST stock price direction is based only on its business/profit execution.
……...if an investor has more than a one week attention span.
Don't know how Myerowitz posts happy Q1 results with the recent large move
down by the Euro vs the US Dollar.
Work hard to invest and build the EU business and then it gets "wiped out" by TJX
not able to handle FX risk……..what's the use…?
ROST doesn't have these negative issues as a US-only competitor.
More chance to be exposed to additional adverse currency movements
Myerowitz should "stay at home" until she can truly figure out how to hedge
away the increasing currency risk she is adding by growing overseas.
I wish she would just KISS
go to NADL website and then IR instead of relying on a error filled internet page.
Try doing a small amount of original research on your own behalf……..
I don't see a PM profit turnaround …….no matter what today's market knee jerk
would indicate via the lemmings. YOY EPS was down…again. This time the
excuse was currency.
If PM says its markets are growing but it can not mange its currency exposure
then is that really a viable profit turnaround…?
I say NO
I feel most investors simply look to the dividend (82% dividend payout ratio)
and fail to see that mgmt is not maximizing its opportunities for PM or its shareholders.
Long PM since 2009, not buying more of this until earnings show a trend of improvement
in contrast to its recent past of weaker EPS results. I am not buying the mgmt talk.
BTW, a 82 % dividend payout ratio is not my criteria for saying PM has good mgmt.
MO might require an high 80s % payout but PM should be able to grow its EPS
more by using currency opportunities to augment its core cigarette marketing business.
I have to disagree with you saying that PM is very nicely managed.
I have been long only PM since 2009 and this firm has the best
growth markets in the cigarette industry. 3rd world and EM countries
are still buying more "coffin nails"
Now today the market gives us a knee jerk $6 pop when PM posts
negative YOY EPS growth………due to "adverse currency impact"
Give me a break.
PM should be the best currency hedgers or profiteers in the entire
world given that they know everyday their entire business is exposed
to global currency moves. PM should be generating profits not saying
its the cause of their weak YOY earnings results.
Maybe PM needs a new CEO who will realize that currency loses
are not an acceptable reason for PM to miss on its EPS…..??
A one day pop does not make me happy after years of sinking
stock price performance.
Send my regards to Natasha …..