Speaking for myself, none. However, am looking to expand holdings, thinking the real low will be on a test $2 in the next couple of weeks as the last of the tax sellers exit. A roll over will have them wishing they had sold on this rally. At any rate, my guess is buys this month will all be looking good early January. We shall see.
REGI's CBOD, CEO and CFO all recently bought shares, albeit only $10k investment. But they have credibility and a symbolic purchase is a heads up to look closer.
Might also note, REGI is looking for their e coli to be producing revenues in mid-year. E coli $hit their valuable oils. Big advantage over SZYM's algae. No extraction problems.
While the video above is out of date, circa 2010, I would recommend it to your interest because it is based on diesel and biodiesel priced at $2.00/gal. The state and federal tax advantages unchanged. The analysis you find will be far superior to any seen on this MB.
Valid points by and large, however there are some gaps. The IP to produce neat oils inside an algae is cute. But only cute until it is turned into actual product. Their weakness is they lack the IP to extract the oil. Those micro algae cells are both micro and tough. Presently they must rely on the guys in Galva to do the extracting. So who owns that IP? All Natural Process, the Galva guys. So without the ability to sell the tech to extract the oil, the number of prospective buyers shrinks drastically, won't you agree?
I'm confused, I though funds closed there books on the last day of November. My understanding is they did t heir window dressing in November. Its individuals who close at the end of December.
Maybe right about BOD. But there is nothing new the "new focus". It was clear to anyone who looked that the commodity plan had failed with the slide from historic highs two years ago and it was clear to the Wolfson who talked constantly about their new tailored oils and the expansion of the Bunge partnership to include them. The market is not buying Wolfson's bs this time around. That is what two dollar shares mean. So Wilson needs to go, the sooner he goes the sooner the healing process will begin and a "new" era can begin.
Quitting would be better. Simply and easy and fully within Wolfson's control.
I'm betting he pulls the trigger and SZYM will get real bounce . . . and a new beginning. So here's to hoping for the best!
Your right, things can improve. However, there is no sign the downward arc has bottomed. Shorts think a bit differently than you do. They see a pattern of unseen problems cropping up, intensifying, and then they project those to continue. Example, there were probs before the oil crisis, but the collapse in crude prices means a contraction of drilling and in a weak market, new products like Encapso will be extremely challenged to find buyers. Fixing Moema will not be enough because key parts of the market just will not believe it has been fixed, its just SZYM hype. Before a turn, you will need a period of stability without new problems and indications of improvement, i.e. real increases in sales together with a real tightening of the belt on expenses and cash drain. Until then the chart will look like a busted balloon lying on the floor. If you're long, and I am at the moment, the time to work through the bottom of the arc will be interminable, though Wolfson resigning would provide some temporary relief.
A few points:
1. BioD exports to USA qualify for BTC. REGI has commented that the BTC encourages imports into US, e.g. Nestes' 150mg of biofuels into the California market.
2. The BTC is not a windfall, the industry has been paying prices for feedstock and selling to customers on the premise that the BTC would be retroactively enacted, ergo BTC represents the industry's profits and REGI has agreements in place which will pass some of BTC receipts to its suppliers and customers.
3. Yes, sometime next year tax credits will be reexamined by a Republican H and S, but like many things there are two sides. Adherents will be looking to make the BioD/ BioF, credits permanent and they may have substantial support on both sides of the aisle to accomplish this. Recall, in the last few years both the east and west coast have enacted state laws favorable to BioD/BioF (without including ethanol). There is broad based local support in many regions which will surely prevent termination of the BTC and, even if they miss a permanent BTC, there would be more than enough support to assure an extended phase out period.
Similar opinion is being expreseds in legal blogs.
"President Obama has also indicated that he is willing to support a temporary renewal of the expired tax provisions to ensure that U.S. businesses are able to engage in basic tax planning efforts. As such, despite complaints from various lawmakers that a one-year extension would be futile, we expect the Senate will take up and pass the House version of tax extenders legislation this week, which President Obama will likely sign into law shortly thereafter."
Dec. 8, 2014
All price wars eventually come to an end, but the damage is left in their wake. Citing an article suggesting the oil war will end by June maybe comforting but, even if true, well the damage would already have been done and the clean up only begun.
Ten dollars is way too high. With this year's BTC they are likely to have around half that after accounting for working capital needs, capex, etc. Regretfully, with the oil price war they will need the white house to move on the RVO. But, even considering these factors, there should be a reasonable bounce from the passage of the retroactive BTC as shares are of most interest to value investors looking at the balance sheet.
Well, you have been given the kiss of death, kq agrees with you.
Oh and that comment "If they really get in a pinch they can always do another P.O" is a real trap. While is it literally probable correct, it's the cost of the Private Offering that will be the problem, i.e. the death spiral type provisions that will be attached.
No. Wolfson buying would be a negative. It would be seen as cheap window dressing only reinforcing the idea Wolfson is just a stock promoter.
Given the huge bipartisan majority in the house which could only happen with the support of the leadership on both sides of the aisle, a presidential veto becomes highly unlikely. Recall that before his veto threat a couple of weeks ago, there was a photo op with Pelosi who assured him his veto of the two year package would be sustained. That is obviously no longer the case. So I'll buy on that assumption.
Okay, HR5771 (the BTC extension) is on the tracks for passage late this week, or am I wrong?