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AmeriGas Partners LP Message Board

mac94921 12 posts  |  Last Activity: Nov 19, 2015 4:00 PM Member since: Dec 31, 1998
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  • Reply to


    by arxxmuse Nov 18, 2015 11:14 AM
    mac94921 mac94921 Nov 19, 2015 4:00 PM Flag

    Yes, there were sales but there was also a buy.

  • mac94921 mac94921 Nov 12, 2015 12:07 PM Flag

    deepharbor there is no way that there is an agreement that SLB has an option to buy the company at $12 a share. That would be a material event and would have to be stated in SEC filings. Along those lines I was surprised that SLB was not granted an option to buy a certain amount of shares at a stated price in the future, much like being granted warrants, but again it was not stated in SEC filings so it did not happen. What it boils down to is that Joel and team did a great job.
    Since I am typing away, might I add, congratulations to Peter Lorentzen. He hung in there, brought about changes and in the mean time made himself a handsome profit. His continuous purchases help convince me to hang in there through some pretty rough times.

  • and watch the videos that the ERII has on their website. They go very well with the new Investor Presentation. What is so great is that the technology makes such sense, although the technology to produce it is so specialized. Since Yahoo does not allow pasting of links just go to the company's website and click Company-Media Center-Videos. The IsoGen has got to be one of their most promising products. The shorts have to be sweating big time. I would not be surprised to see a big short squeeze before the CC on Thursday, new high?

    Sentiment: Strong Buy

  • I encouraged everybody to look at the new Investor Presentation that came out after the market close on Friday ( I found it at the company website under Investors-SEC Filings). It helps explain many of the different opportunities that they are CURENTLY working on and offering solutions to ( capitalized because there are many other opportunities). I must also say it is very nice to see the figure of $100 million as current cash. I am looking forward to the CC this week.

  • They have to wait and build their positions and their clients positions before they upgrade. Hanging in there well today.

  • Reply to

    Question for Investors here

    by sqrl111 Oct 23, 2015 1:47 PM
    mac94921 mac94921 Oct 23, 2015 2:50 PM Flag

    sqrlll, ERII's product are currently being used in almost all of the Reverse Osmosis Desalinization plants in the world. VorTeq and all of the other potential products are a spin offs of that technology. Many applications that bleed off or have high pressure can use the ERII technology.

    Sentiment: Strong Buy

  • An additional $1.44 per share in cash this qtr bringing total cash per share to $1.88. Enterprise value therefore (at a price of $7) is $5.12. EPS this year some where around $1, PE 7 times, less cash PE 5.1 times. The company has no debt and can fund all operations and R&D internally ( per conference call).
    SLB stated that they expect VorTeq will bring down the cost of a barrel of oil by $5. From Reuters article "Those savings for the product... could be as high at $5 a barrel. VorTeq will also cut the number of pumps needed for a frac job to as few as four from 20". $5 per barrel an 4 pumps instead of 20!!! That is freaking huge.They are going to want to get this up and running as fast as possible, that is why they will be making the missiles and ERII will be only responsible for the cartridges. Joel alluded to this on the conference call, implying that they thought the $50 Million next year was just a fraction of what they anticipated.
    Shorts talk about less drilling, probably right about that. The pumps that are being referred to by SLB are at existing wells. The oil companies are finding out that they can get even more oil out of existing wells be increasing the amount of fracking of those existing wells.
    What really surprised me was that why didn't SLB just buy ERII. I would have thought that for just a relatively small amount of more money they could have purchased the technology and company outright. All I can think of is that ERII management knows there is way more to the technology and this is just the beginning.
    ERII is now on many people/companies radar screen as an acquisition candidate. They also will be showing up on investor screens as a company with huge revenue growth and a strong balance sheet. I think it is just a matter of time before they are acquired (hopefully not soon) as " said "If the technology performs as expected, we believe Schlumberger could end up acquiring Energy Recovery. Partnering fist and acquiring later is a strategy Schlumberger has used many times in the past to build out its technology portfolio.

    Sentiment: Strong Buy

  • Reply to

    So is this a worldwide "exclusive"?

    by wftglo Oct 19, 2015 11:37 PM
    mac94921 mac94921 Oct 20, 2015 2:31 PM Flag

    This is only for world wide onshore VorTeq, just Vorteq. The deal sounds brilliant, SLB is responsible for the razors (missiles) and ERII is responsible for the blades (cartridges). ERII has so much more in the pipeline. Go to the website and see all the different applications. Any where pressure is being bled out or wasted is a potential market ( ammonia ISObost, Isogen for pipelines, Isobost for gas production, etc.) . I think I even remember them talking about the pressure changes in ocean from waves. The main thing is SLB validated the technology (even though the desal business did it years ago).

  • mac94921 by mac94921 Oct 20, 2015 1:12 PM Flag

    It is going to be interesting to see the EPS numbers that will be coming out from analyst. The $75 million is "immediate" 4th qtr income and will be at 100% gross income. Those numbers should be coming out in the next few days and I would assume we should have $1 + in EPS for 2015.

    Sentiment: Strong Buy

  • Reply to

    So is this a worldwide "exclusive"?

    by wftglo Oct 19, 2015 11:37 PM
    mac94921 mac94921 Oct 20, 2015 12:59 PM Flag

    sqrl111 from conference call the deal with SLB is for onshore fracking globally

  • Reply to

    We close below $6 today

    by motoroilandmore Oct 20, 2015 11:04 AM
    mac94921 mac94921 Oct 20, 2015 11:31 AM Flag

    Big deal if it closes below $6 today, I am surprised the 3.52 million short shares are not bashing this more. I have been here for the long run and since we have now been validated with a huge income stream we could easily be over $10 by the end of the year. Next year with more products $15 plus (implies market cap of $785 Mil). I would advise people to listen to the conference call, there is a lot more to the Schlumberger deal that what the press release implied. Also the SLB deal is just for fracking, there is way more to this company than just the VorTeq.

  • Reply to

    Royalties will be 2x to 4x desal rev annually

    by dualdelta32 Oct 20, 2015 8:39 AM
    mac94921 mac94921 Oct 20, 2015 9:16 AM Flag

    And right after he said it the stock quickly moved over $7. This is unbelievable. Joel did a great Job, as he closes the call " a bad day for the shorts" No Sh..

    Sentiment: Strong Buy

39.21+0.02(+0.05%)Nov 30 4:06 PMEST