how would you know that...certainly hasn't helped
I do not get it..after a year of improving metrics...last april nat 1.89,,, euro 1.29 anr stock then13.00 and change...now co cut costs, made positive cash flow, most coal products rising, and trading the cheapest in the sector...2 billion mc to 5 billiion net equity??? What the _____!!!!!
he only bought 6 million shares...down a buck is pocket change for Paulson...stock is cheap...and will be a double to triple at some pt.....?? Maybe next week the IR conf will bring back the money flow...
what are you talking about, it's beautiful as our CEO.....msft and FB like it and may own it...
Why push the share price up when they can buy lower...no incentive..they will keep the 800 million taken from US investors at 14.00 , keep buying back shares slowly...they are taking this private by not doing anything to benefit US investors...stealing our money..the slow bleed will allow it to go lower, once they buy enough us shares below 3 or even down at the 2.00 level, they finish it off taking it private at even lower prices...all of the buyback spent goes right back into their kitty...1 billion in cash, why should he care???
and all options for management is much higher, so at least they all have the incentive to improve valuation...lets see how tuesday's Investor conference goes!!
Hard to believe this sector has been beat down this much in the winter,,,doesn't make sense at all...last yr we traded over 20.00 at this time, nat gas dropped below 1.90 and the Euro was 1.28...and coal prices dropping..now all 3 reasons have improved, including the co reducing overhead and cap ex..along with adding cash to the balance sheet...
call me nuts but this doesn't make sense...we will always need coal for heat , electric, and steel...and with the epa issues making it harder to start up a new coal mine...these assets will have to increase in value...isn't this a perfect Buffett target, or apollo whom just raised a billion to invest in the sector...they probably will make an offer for JRCC first due to cheaper assets and cash.....Maybe it's just wall st hammering down, taking it back up when the small fry's like us sell out...up down up down...wt_! good luck all
yep agee totally
Still, cold or not, met is used for steel..highest car build in many years. construction hitting highs too, last yr the economy was worse than today...and yet the coals were still being traded ...alot more than now...and the big boys have added ..alot...who is selling here I don't get or understand..ACI selling down to 52 week lows again...who is selling?? and Why,,,CLD at least was green friday...we need WLT and BTU to get bid so aci and anr can follow.....I have to admit, anr management has done a very good job with all the complexities of Massey integrations...reduced costs and cap x...and increased bal sheet...with only 3 billion debt and billion in cash...now cash flow pos...what the hey!! Gotta hold for the MM's I guess to bid us back up..good luck longs
JRCC needs to be taken out...management is doing a good job running a tight ship, paying down debt last qr and still have enough cash...but they are not promoting the co..not attending this weeks conferences that ACI and ANR are presenting at.....the shorts have been controlling for sometime now...every bid up a large 10K or more block gets put on the bid everyday...for months now...any move up more gets added...this float is so small, once they do start covering, it will move quick and hard to know when to sell...we should be at least trading at 5.00 right now at half book. especially since apollo is looking...JRCC is the perfect takeout play...low debt, cash, losing less than depreciation...Buffett, Ichan, or another PE could scoop up 10 million shares easy down here...make a bid at 7.00 only costing them 150 million for the remaining shares....if it Apollo or Buffett, pay down all debt to zero..company then would be able to return 15% or more annually on invested capital. And, when the coal pricing moves up which it will in time, be extremely profitable...RE IPO it later at 15.00 or more...last secondary just two yrs ago was sold at 23.50 per share so they could buy IRP for 475 million in cash! Here we sit at 90 million market cap...Dirt cheap...a steal for the right co
don't they need it before FB or google takes it out? MSFT needs some catalysts...yahoo would probably take the last bid price again since the stock still lags well below the offer ...
seems like a good strategy at this time , especially when they have so much cash...since yahoo has alot of cash, that would just fall into the coffers...and then compete more head to head with Google master..
Coals should be moving up versus this selling off...large funds bought in these past two months...Goldman will be putting out a strong buy due to valuation soon...tick it up once they have enough
It's only a matter of time before msft, appl, goog, or fb makes their move..yahoo is getting more expensive by the month and metric's are improving...still cheap here at 21.00....Bid would be over 35.00 per share
don't get it , nat was up big again today, yet the entire sector selling off even more after such drop this past week...wall st just pushing around the weak sector more...cheap getting cheaper...when will it turn up?
I understand the sector weakness, but nat's moving up nicely and cnx makes most of it's profits in gas...what is the problem..
better tell them to find a differant light switch, or thermostat to turn on the heat, or new type of steel...no coal, give me a break...this is one of our greatest resources
they now have 11 million shares up from 9 million dec 31st....alot of big money managers have made large buy this past month...I do not get how this gets sold down this low..who's selling...no one has bought here???? Company sitting on billion in cash and 1.4 billion liquid...plus nat moving up..closed at 3.41 today..
This is one tough market to figure out...so much stuff...who really knows here...what I do know is these are expensive shoes...coach just got hammered..so did tiffiny..and Kors....the little girl uggs are popular, but the big sellers now are for older girls, high boots which uggs doesn't make to many types of...and they are much cheaper...50 to 100 from most retailers....anyway, good luck to all longs.
thanks, good to see...lets hope apollo shows up to the door and takes this one over...maybe buffett though