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Sanofi Message Board

kevin_f_1999 56 posts  |  Last Activity: Jan 21, 2015 7:31 PM Member since: Jan 19, 2000
  • kevin_f_1999 by kevin_f_1999 Jan 21, 2015 7:31 PM Flag

    Could someone please explain to me how Oi absorbing 400 million of PT debt is a good thing? thanks,

  • kevin_f_1999 kevin_f_1999 Jan 16, 2015 2:02 AM Flag

    Well I think I will hold out as long as possible. Only fear is that they suck the very limited liquidity right out of it and delist it on us even further. This happened to one other stock I own, Grupo Posadas. It still trades somewhere but doesn't even have a ticker symbol anymore. Happened to Grupo Modelo too. Still trades but something around a hunded shares a month.

  • kevin_f_1999 kevin_f_1999 Jan 14, 2015 2:33 PM Flag

    I really wish they would stop trying to buy us out and just start trying to make us rich. There should be a Pizza Hut on every street corner in Brazil. If not Domino's will be there soon. Alsea is very dominant and they just opened their first two restaurants in Brazil.

  • Reply to

    Any reason for today's selloff?

    by bamboo7431 Feb 4, 2013 10:48 AM
    kevin_f_1999 kevin_f_1999 Feb 4, 2013 1:47 PM Flag

    Yes, They are issuing over a billion new shares at 8.45/share. What do they need to issue new shares for? They say proceeds will be used for general operating expenses. Glad I sold last week. Finally got one right.

  • kevin_f_1999 by kevin_f_1999 May 31, 2012 1:23 AM Flag

    That 25% tax on dividends from French companies sucks considering I have the stock in a Roth IRA. Anyone know if GSK has a with holding tax on dividends?

  • kevin_f_1999 by kevin_f_1999 May 24, 2012 2:41 PM Flag

    I have owned YPF and/or Repsol for well over ten years and I have followed this somewhat closely but I am starting to try to look at what happened from another perspective. Imagine that the US Congress found out that Petro China was in talks to buy 57 percent of Exxon. What would the United States do? What if Argentina was fine with Repsol owning YPF but completely freaked out when they found out that Repsol was selling it to the Chinese? Remember Repsol sold all of their holdings in Brazil to the Chinese a year or two ago for 7 billion. This probably started to make the Argentinians very nervous. We can preach all we want but I doubt the US would allow Exxon or Chevron or Conoco to be sold to a Canadian company let alone a Russian or Chinese one. And the Chinese did try to buy a small oil company in the US several years ago and congress blocked it. Looking at it from this perspective, the Argentinans did the exact same thing that the US would do. The only problem is that they don't exactly have the money to pay for the 50 % they took. Still they could not allow it to be sold to the Chinese. Let's just be grateful they didn't take 100% of the company and see what happens. Say a prayer every night they choose to pay dividends. Remember they will be paying the majority of them to themselves now so they might be more willing to allow dividends.

  • Reply to

    dividend

    by jimnii2003 May 4, 2012 10:44 PM
    kevin_f_1999 kevin_f_1999 May 15, 2012 11:48 AM Flag

    Yahoo says there should have been a dividend on May 9th? Anyone get anything?

  • Reply to

    Government take over price (poll)

    by tung_5000 Apr 3, 2012 2:07 AM
    kevin_f_1999 kevin_f_1999 Apr 3, 2012 2:19 PM Flag

    If you look at how much Russia paid when it nationalized Yukos or when Venezuela nationalized CANTV or parts of Cemex, you will find your answer. Never what it is worth, and often nothing. I've been burnt by nationalization several times, it is just part of the risk of international investing. Brazil has pretty much nationalized PetroBras and Vale as well. They have ruined them over the last five years.

  • Reply to

    Biggest Capital Loss in My Portfolio

    by cesspool_bobby Mar 9, 2012 3:10 PM
    kevin_f_1999 kevin_f_1999 Mar 12, 2012 3:46 PM Flag

    I agree. Vale is just one example. Sinopec is another. They have to import oil at a market price but they are forced to turn it into gas and sell it at a refulated price. Petrobras is the perfect example of what could happen to YPF. Petrobras was like a rocket until the government forced them to buy all of those reserves at a high price and then they force them to buy oil rigs that are made exclusively by Brazilian companies. They also use the company as a public employment/works project. Petrobras has been dead for the last five years and it won't be going anywhere again until profit is put before bloated employment. Worst case scenario all you have to do is look at Venezuela and Mexico. Countries just want to have control over their natural resources from now on, for better or worse.

  • Reply to

    Two dollars here we come.

    by kevin_f_1999 Dec 5, 2011 3:35 PM
    kevin_f_1999 kevin_f_1999 Dec 5, 2011 7:39 PM Flag

    Yah, so did RINO and a couple dozen other Chinese reverse merger stocks that are now trading for less than the price of a piece of licorice.

  • Reply to

    Chinese reverse mergers

    by kevin_f_1999 Dec 5, 2011 3:32 PM
    kevin_f_1999 kevin_f_1999 Dec 5, 2011 6:05 PM Flag

    Never heard of it before but I agree it does look identical, except half the price. Point being there are a million of these and the only reason this one is not at two dollars a share was because of the buyout.

  • Reply to

    Two dollars here we come.

    by kevin_f_1999 Dec 5, 2011 3:35 PM
    kevin_f_1999 kevin_f_1999 Dec 5, 2011 3:55 PM Flag

    I do have some that have a PE less than one like CBEH but most like CVVT and GURE have a PE around 2. I figure that is where this will go without a buyout offer. Would you seriously pay 7 dollars a share for it today knowing that there are hundreds of other very similar reverse merger stocks with PE's between one and two. I am not shorting it. I bought in way too high and I was praying the buyout went through just so I could get out of one of these chinese reverse mergers with a little dignity and move on to something real. Looks like I will have a very long wait.

  • kevin_f_1999 by kevin_f_1999 Dec 5, 2011 3:35 PM Flag

    Two dollars coming soon if there is no offer.

  • kevin_f_1999 by kevin_f_1999 Dec 5, 2011 3:32 PM Flag

    People are bailing because the average PE ratio of a chinese reverse merger stock in todays market is one or two. There are literally hundreds of Chinese reverse merger stocks with very low single digit PE's. Without the buyout offer this is a two dollar stock. It is no different that CVVT GURE CGA YONG CBEH CHNR LLEN LPH ONP SCEI SPU YONG BORN NEP CMFO CSKI CNGL. And those are the good ones. I won't even list the RINO's or the DYNP and all of the ones that are now on the pink sheets for pennys a share. Bottom line, without a buyout offer this is a two dollar stock in todays market. That is why I would have been happy with the 9.25 a share. You can buy a dozen other identical companies at a fourth of the price. Problem is when you have a huge oil company like BP at a PE of 6 and paying a dividend of 4 % why would you even touch one of these small obscure chinese reverse mergers unless you are already in and losing big or just buying a cheap lottery ticket.

  • Reply to

    Has anyone held a stock over 10yrs?

    by alexander_burfield Oct 18, 2011 10:32 PM
    kevin_f_1999 kevin_f_1999 Oct 21, 2011 3:18 PM Flag

    Yes there are several stocks that I have had for more than ten years. Some probably close to twenty years. Telefonos de Mexico, Coca Cola Femsa, Telefonica, and a few others.

  • kevin_f_1999 by kevin_f_1999 Sep 20, 2011 3:58 PM Flag

    After getting burned on several Chinese stocks I think we can learn a few things from JKS's case:

    1) At least we know that they actually do have a factory.

    2) At least we know that they are actually producing something at the factory.

    3)At least we know that they actually own the factory.

    4)At least we know that there is actually someone in the factory that can be arrested and fined.

    This is all a lot more than I can seem to find out about many of these Chinese companies. I think this should blow over soon, I hope. I doubled down. Glad it is not a significant amount of my portfolio.

  • Reply to

    Urgent after 7 days im out of VASELINE

    by nebbia.robert Sep 20, 2011 3:25 PM
    kevin_f_1999 kevin_f_1999 Sep 20, 2011 3:53 PM Flag

    Thank you. That made me laugh so hard I had tears. Somedays you just got to laugh and keep on keeping on.

  • Reply to

    You guys are screwed

    by Seth_26 Jun 8, 2011 11:22 PM
    kevin_f_1999 kevin_f_1999 Jun 9, 2011 1:51 AM Flag

    Sounds like my kind of investing. I have made a lot over the years but it always seems to crash the minute I buy it. I am still sitting on some stuff 2o years later waiting to be right. I am kind of stubborn. Good luck to you.

  • Reply to

    We're sitting on that magical and questionable

    by pcbajack May 23, 2011 1:37 PM
    kevin_f_1999 kevin_f_1999 May 24, 2011 12:21 PM Flag

    It is over. The ratings are out. Check the news wires. They all look positive.

  • kevin_f_1999 by kevin_f_1999 May 24, 2011 12:19 PM Flag

    Two buys, one overweight and one neutral all from the big brokerage firms today. Brazil finally dealt me a good deal today after a couple years of draught. TNE and BTM up big on consolidation. Now if I could just get PBR and VALE to get moving. Good luck to ARCO.

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