Since when do corporate bonds "dilute" shareholders equity... if anything the bonds are far cheaper than a secondary over time
its more of an opinion piece by anti-fracking elements
Only a complete fool would believe that they could limit investment in a company like CHK with what can only be considered leftist propaganda
I do appreciate your posts spin though (smoke and mirrors)... appear not to be tied to environmentalists by promoting coal
My bet is the $5.28 breaks down as follows..
That would mean a 1 cent bump every Q except Q3 where we see a 2 cent bump
Its baffling to me as to why one cannot comprehend how to enter the "Y " codes in Turbo Tax
When you are on the interview page that lets you enter the Ys
all you need to do is title them yourself... 20Y1... 20Y2 etc....
If you want you can even type in the description given on EPDs K-1
It would appear that Turbo Tax allows you to enter as many Ys as you wish
As to the Ts... while they take a little time they really are self explanatory
EPD and ETP required me to enter an additional 6 K-1s from scratch and it only took about an hour
after filling in 2 or 3 K-1s on TT they become a joke
IF one can't figure this stuff out themselves they shouldn't be doing their own taxes
Too bad the current board has created a situation where RIG is undervalued today
That's why I question their strategy for tomorrow
IF the current board were running the company where the share price was north of $70... they would have my vote... voting in line with the current board is like voting for Obama
The spreadsheet format was the biggest problem I had with the K-1s... seconded by dyslexic fingers when typing in partnership dodes
IF they could start to bump the dist by just a1/4 of a cent a Q I think that will drive the unit price to the low $60s and a 5.75% yield
IF they were able to go to 1/2 a cent a Q we would trade closer to $70 with a 5% yield
Which begs the question of who's more inept... the shareholders or mgmt
For the great value they told us they created...
Can't let any opportunity to reward themselves pass by without action
and inept management
another year wasted if you hold
The only thing a shareholder should be interested in is share price
how do they figure todays activity into the total return
and that's less than a week
And shareholder will have to wait another year of these great returns for the next shot at dethroning them
Hey if you voted for management identify yourself so you can be #$%$ on
so I can grab the POS by the throat and watch their eyes pop out of their heads
Better still is when they look in the mirror to shave in the morning they should cut their own throats
What great value was added when mgmt. received their vote of confidence...
I'm starting to think that this could easily test $40 because there are no catalysts to support the price short term
So you sound like one of the rocket scientists who voted for management...
How's that workin out?
Like losing money hand over fist day after day?... or are your fists kept busy with your #$%$
Wall Street and share price are about perception as much as anything else... and today the perception is that shareholders screwed up big time in keeping the current jackasses in place...
There are no near term catalysts to change that perception.... Icahn had the Street looking at RIG like it was worth more
We are now back to the perception that RIG will be run by the same jackasses that are responsible for the worst environmental disaster in history
When a thief puts their hand in your pocket to rob you... you defend yourself by any means... including killing the perp
RIG mgmt is no different than a common thief... those that voted for them are their accomplices
6 down days in a row since the current mgmt. was given their vote of confidence...
when will the bleeding end?.. when will the POS take their hand out of our pockets and actually do something to defend the share value
It appears that the Icahn proposal was worth something in the $5-$10 range in share price
Those that voted for mgmt.... stole that money from share holders with their ignorance which clearly indicates an IQ that equates to a morons
He should be asking the board to vote on firing Newman...
That way everyone's level of brown nosing incompetence is on the record
next year the stock will be at $55 and mgmt will be telling us of the great return after it has risen off of a low $42 in Aug 2013
Every day it has to be rammed down the throats of those that voted for complacency that they screwed up seriously
and you imbeciles know who you are..... defend a 8%.... 6 day decline if the markets are happy with the vote