Chinese PM was visiting India and news was being shown on TV. A kid asks his father - "Who is this". Father - This is the Chinese PM. Kid - Oh.. So who is the authentic/genuine PM then ?
Another way to compare is:
Market Cap: 172.43M
EV: 840.91M (As per latest numbers, this will come down to about 775 M)
Net sales from continuing operations increased 16.4% to $973.8 million
Adjusted EBITDA from continuing operations was $25.6
EV/EBITDA for the quarter: ~32.85 ( ~30 per latest numbers)
Market Cap: 14.45B
Total sales of $3.3 billion, a 9% increase over the prior year
EBITDA of $296 million
EV/EBITDA for the quarter: ~48
Agree.. he seemed a little bit testy.. How ever, many positives (rather lack of surprises) from the call. One guy even said they did better than expectations during this quarter.. and there is a possibility Q4 could do better than guidance ( I couldn't fully grasp what they said about effect of last year's winter storm)...
I got a call today from my broker that the maintenance requirement for RNDY will be increased to 100%. Currently it s at 50%.
Any one else heard the same? I wonder why would they do this.. is this expected it to go down badly ?
Sentiment: Strong Buy
You could have said the same for ESI until 2 days ago. Up more than 100% in 2 days.
"Net is the keyword". "Net" tangible assets (3.43B here) are after taking out liabilities, Intangibles and goodwill.
From Yahoo finance, as of last quarter, ANR Net Tangible Assets 3,434,500,000, So Tangible BV is about +14, not negative 16.
We don't even know if they have a single one of those "antiquities.
I appraise my house at 10M and am ready to sell for 90% discount. Doesn't mean some one would actually buy it today.
Isn't corruption/fraud punishable by death in China?
Doesn't look like it's happening.. 2 days left.
However, if it drops further tomorrow, I am buying some Aug calls, just in case.
Another explanation could be that the management did a deal to save their own skin? To avoid criminal proceedings against them?
I am still surprised that no big investor is coming with a lawsuit against DE for bringing down the company/forcing sale without proper legal procedure or proof and verdict of wrongdoing..
should we be shorting YHOO? They can't get their message board working right .. Message being cut-off at the "less than" sign.
Now that we are doing basic mathematics here, and I am here reading these messages, - 20-(7+7) - (1% of order value for
This guy was negative on refiners for a long time.. while he was negative, some of them gave 5 to 10 fold returns (WNR, TSO).