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Banco Santander, S.A. Message Board

lifesuckswhenstocksaredown 17 posts  |  Last Activity: May 3, 2016 8:56 AM Member since: Nov 21, 2008
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  • lifesuckswhenstocksaredown lifesuckswhenstocksaredown May 3, 2016 8:56 AM Flag

    Seems like the low cost production facilities that VEDL owns, should help the company make money even though raw materials are pretty depressed. I bought some at 5.52 so I am quite happy. I hope it keeps going up.

    Sentiment: Buy

  • Reply to

    Friday $10

    by fred_woodstone Apr 27, 2016 1:44 PM
    lifesuckswhenstocksaredown lifesuckswhenstocksaredown Apr 29, 2016 6:38 AM Flag

    Well, they just announced a $0.15 dividend per ADS for the quarter, so your price estimate seems a tad low....

    Sentiment: Buy

  • lifesuckswhenstocksaredown by lifesuckswhenstocksaredown Apr 18, 2016 10:03 AM Flag

    18-4-2016

    Finance Minister Yoo Il-ho said he will accelerate corporate restructuring in shipping companies, by calling on them to implement measures for rapid recovery from downturns.

    Yoo said he will pay attention to corporate restructuring at Hyundai Merchant Marine (HMM) and Hanjin Shipping, the two largest players in the country, and whether they will push for restructuring programs as planned. Creditors are pressuring them to cut rental payments to ship owners in order to reduce costs.

    “We cannot help but take action if the restructuring process in shipping companies fails to go smoothly,” Yoo said in Washington D.C., after meetings with Group of 20 countries’ finance ministers. “I am most concerned with Hyundai Merchant Marine.”

    His remarks came as HMM negotiates with its ship owners from Greece and the U.K. over lowering rental fees. HMM pays high fees because the company signed the contracts when the industry was booming. But costs are now pressuring the company as demand for shipping is declining due to the economic downturn in the global markets.

  • lifesuckswhenstocksaredown by lifesuckswhenstocksaredown Apr 18, 2016 10:00 AM Flag

    Last year, HMM spent 1.88 trillion won (US$1.61 billion) on charter costs alone out of 5.77 trillion won (US$4.95 billion) of its sales. Due to the long-term contract signed when the shipping business was booming, the company has been paying higher charter rates than the market value. Eventually, HMM began negotiations with ship owner in order to lower the current charter rate by 20 to 30 percent. When HMM fails to bring off the negotiations and go into receivership, the company is less likely to pay charter costs to ship owners. Thus, there is good chance of making a deal. HMM’s negotiation team has been visiting overseas ship owners from last month. The team finished the first round of negotiations and is arranging the schedule of renegotiation to determine specific pricing terms.
    Source: Business Korea

  • Reply to

    Dividend question

    by lifesuckswhenstocksaredown Apr 13, 2016 5:33 AM
    lifesuckswhenstocksaredown lifesuckswhenstocksaredown Apr 14, 2016 3:47 AM Flag

    If the management is comfortable with the divvy, I think I will buy in and see how it goes. Thanks for replies!

    Sentiment: Buy

  • lifesuckswhenstocksaredown by lifesuckswhenstocksaredown Apr 14, 2016 3:13 AM Flag

    I don´t know this company so well, but it seems to be a stock with some potential to double in a year or two. Anybody agree or disagree?

    Sentiment: Buy

  • lifesuckswhenstocksaredown by lifesuckswhenstocksaredown Apr 13, 2016 5:33 AM Flag

    New on this board. The amazing dividend caught my attention, is it possible the divvy will remain this high?

  • Reply to

    Shorts?

    by bfk329 Apr 12, 2016 12:50 PM
    lifesuckswhenstocksaredown lifesuckswhenstocksaredown Apr 12, 2016 3:54 PM Flag

    Couldn´t agree more...

    Sentiment: Buy

  • Reply to

    SAN upgraded to "conviction buy". Await news

    by squalus_2000 Mar 8, 2016 8:02 AM
    lifesuckswhenstocksaredown lifesuckswhenstocksaredown Mar 9, 2016 9:50 AM Flag

    I think bottom is behind us. Adding some here. Should be a win six months down the road.

    Sentiment: Buy

  • Reply to

    Sick of seeing all these Garbage Postings!

    by rprs2 Mar 3, 2016 5:15 PM
    lifesuckswhenstocksaredown lifesuckswhenstocksaredown Mar 7, 2016 5:51 AM Flag

    Since yahoo doesn´t filter them out, they must be making money from them. Sucks hard!

  • lifesuckswhenstocksaredown by lifesuckswhenstocksaredown Mar 4, 2016 10:48 AM Flag

    Republican presidential candidate Donald Trump likes to emphasise his history as a business leader and promises that he will run the United States in the same way if he gets elected.

    The part of his business life into which the public has access is not very impressive - in fact, it was a disaster, writes MarketWatch.

    For ten years, between 1995 and 2005, Donald Trump ran Trump Hotels & Casino Resorts. The company lost money every year and accuired more than $ 600 million in debt during the decade.

    The shareholders lost 89 percent of invested capital, and the company finally had to seek protection from creditors under US bankruptcy legislation chaper 11.

    During the ten years Donald Trump was the chairman of the board and about half the time he was also the company's CEO.

    It is difficult for Donald Trump to blame the market for casinos and entertainment being bad during the time he ran the company. During the period, the Dow Jones index for gambling stocks rose by 160 percent. Investors in Harrah's saw their capital increase in value by 140 percent and MGM rose by 430 percent.

    However, there was one person who earned money in Trump Hotels & Casino Resorts. Donald Trump himself. By salary, bonuses and so-called "service" he earned himself a total of $ 32 million over ten years.

  • lifesuckswhenstocksaredown lifesuckswhenstocksaredown Feb 25, 2016 9:10 AM Flag

    Yes, even the somewhat bizarre Saudi oil minister should be able to figure out the math. But first he wants to kill off the frackers, I guess...

  • lifesuckswhenstocksaredown by lifesuckswhenstocksaredown Feb 22, 2016 11:48 AM Flag

    Saudi Arabia has long benefited from high oil prices, and is considered as the dominant force in the oil industry. However, the situation has now changed drastically. Oil has plummeted over 60% from its peak price, and established new lows.

    Oil companies in the country might breakeven even at low crude oil prices; however, the Kingdom faces a massive budget deficit of $97.9 billion (367 billion riyals). Saudi Arabia’s budget deficit as a percentage of GDP has inflated to 20%, and is one of the highest among the OPEC members.

    According to CNBC, the country aims to keep 2016 spending at 840 billion riyals, with revenue of 514 billion riyals. For Saudi Arabia to breakeven its budget, oil needs to be around $106, as per the International Monetary Fund (IMF) estimates.

    Saudi Arabia is facing a major dilemma; if the country lowers its crude production, it risks losing its market share to the US. But, if it maintains production, it can expect to continue to suffer from fiscal losses.
    From Bidnessetcnews

  • lifesuckswhenstocksaredown by lifesuckswhenstocksaredown Feb 18, 2016 7:54 AM Flag

    "Even a deep-pocketed country like Saudi Arabia that depends largely on oil revenue ran a record deficit of nearly $98 billion last year, about 15% of gross domestic product. "
    Citation from ab article over at Market Watch.
    And today the Saudi credit rating was dropped as well. The Saudis are not smiling about it.

  • lifesuckswhenstocksaredown lifesuckswhenstocksaredown Feb 16, 2016 9:18 AM Flag

    A freeze in production means the price of crude now has a floor. Demand is not likely to drop much. Price should oscillate around this point, till the producers need more money to pay their bills, that is when the production cut will happen.

  • lifesuckswhenstocksaredown lifesuckswhenstocksaredown Feb 8, 2016 3:11 PM Flag

    I hope you know that "Vril" was a fantasy novel written 1871.

  • Reply to

    NNA will enter into dry shipping industry

    by gh0613 Feb 6, 2016 3:27 PM
    lifesuckswhenstocksaredown lifesuckswhenstocksaredown Feb 8, 2016 3:00 PM Flag

    Probably a lie. He has no insider information. Or if he has, he will be prosecuted.