Tue, Mar 3, 2015, 7:17 AM EST - U.S. Markets open in 2 hrs 13 mins

Recent

% | $
Quotes you view appear here for quick access.

Beazer Homes USA Inc. Message Board

mustangsny 303 posts  |  Last Activity: Feb 9, 2015 1:37 PM Member since: Oct 26, 1999
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Why is Santander Dead in the Water?????????

    by mustangsny Feb 5, 2015 12:49 PM
    mustangsny mustangsny Feb 9, 2015 1:37 PM Flag

    Really! And where is the stock been she has taken over. You say the Div was a joke and a farce. What have you been drinking lately. Cuts div 75% with earnings up. Why I don't sell is that I want to b/e on the balance of what I have left. Made good money when the old man ran it. He knew how to keep value in the stock and alot of people made a lot of money. The bank is facing major problems that are coming in Brazil. You will see protesting soon from the general population as Dilma is increasing taxes across the board to pay for the Petrobras scam that is going to be much larger then
    what you read. Violence is getting worse in the big cities and gangs are going to the little cities and stealing all the ATM machines. The police are afraid and hiding when they come to the small towns. All in all the bank will be okay but I do not see any major rise coming soon.

  • In no way does Ana, have anything close to what her father had. He had a better feel for the market and also was more sahreholder friendly. She on the other hand did have a good quarter but lets face it, it wasn't her and it could have been anybody at the helm as this was scripted a long time ago. The bank is a top notch outfit but has turned from a shreholder friendly company to not to friendly. Just by the way they raised the
    additional capital was a joke. Nothing offered to shareholders. The cut in the Div., which her father knew kept it all together she went for a hard landing instead of a soft one for the shareholders. Now where is the stock when all is said and done. I unloaded 2/3 of position when she over and just waiting to pull the triggger when it gets to the high 7's. She will ok but I look at this bank differently now. Their holdings, especially in Latin America like Brazil is in turmoil and knowing how it works in that country is going to be very rough as defaults will increase over the next few years. People are starting to get #$%$ off there and after the Olympics there
    will somber faces as the genreral population will have to foot the bill for it with increased taxes in one form or another just like they are starting to do with Petrobras. This bank has changed course since the senior Botin passed and in the end I really do not feel we will see many good advances in the price for a while.

  • Reply to

    So the real question:

    by titusbythesea Jan 22, 2015 1:21 PM
    mustangsny mustangsny Jan 22, 2015 2:17 PM Flag

    I think it was pretty comprehensive report and they did mention why no one is asking them questions about financials. The bottom line is that the company will survive. as far as Lindberg, they are producing more then they thought they would do. I heard 16,000 bpd will add to their daily production. That's a pretty good number.

  • After reading the latest press release I feel much better that management addressed many questins and the uncertainity of PGH going forward. I like that they could go down to 40USD for WTI and still make something.
    If prices stay around the 50 per barrel mark they could survive and still make some money, In general I was happy with the report under the adverse circumstances that the world market is in. At least now we have a plan and better visabilty as to what is going on with the PGH going forward. The stock should rebound from here . As OIl prices improve down the road PGH will emerge as a much stronger company.

    Sentiment: Strong Buy

  • mustangsny mustangsny Jan 21, 2015 1:34 PM Flag

    We need balance not too high and not too low. It's obvious the Saudi's are sticking it to us. We should tax there Oil coming in from Opec and screw them. It's bad enough that we have to defend them with our blood.
    We have only a few allies left in the area. The pressure put on Iran and the Russians would still be there even at Oil at 60 per barrel. This is way overdone and not fair to american producers and canada. Tax there Oil and we will see how long they will keep flooding the market. It takes the President and or Congress to act but will they. With all the problems in the middle east do we need these countries dictating to us when they are all fighting each other in a religious war that just kills many innocent civilians. The hell with them. Fopr the money we spend on them we could have better spent the money on our own people here in this country.

  • mustangsny by mustangsny Jan 3, 2015 6:43 PM Flag

    PWE has to be raising eyebrows. If there ever was a perfect candidate as a takeover target it is this company. On net value alone plus the additional reserves PWE becomes a very attractive takeover for companies that are on the hunt for growth and getting in the door without doing all the work to develop. Oil may be down but it would be nice to buy it at a discount even at todays prices. The commodity is not going to change and when it does which it will evenutally do whoever buys this company at a deep discount to nav will hit one out of the park. I think if there is a buyer it will happen fast and I do believe if Oil habgs around the 53-60 price ( WTI),
    that this company will inch up into the 3's setting up a price that management will find it hard to turn down. I think also that a potential buyer will accumulate and stay under the magic number of 5% to get a good bump up on the stock they have. I looking for a low of 6 and a high of 8. Who knows if bidders would drive this up towards 10. With no hedges and even with cutting overhead and capping if they have to do PWE will be hard pressed to show any kind of decent numbers going forward. I also feel that this management even though they have cut the labor force and have done other things to make it more viable have failed in the respect that it has not even come close to rebounding where it should have been. I think it is best if someone else blends it in with there own company and create more value for there shareholders and for former PWE shareholders.

  • Reply to

    What a mess

    by biosyn1 Dec 29, 2014 2:52 PM
    mustangsny mustangsny Jan 2, 2015 1:22 PM Flag

    Was a good short from $9.75 and still is. They need a lopt more sales to even come close to breaking even and I do not see them raise any additional cap., so far.

  • Reply to

    PGH and PWE

    by tradefordollars Dec 10, 2014 3:15 PM
    mustangsny mustangsny Dec 14, 2014 10:54 AM Flag

    I own both but more of PGH. I feel that one of these will be sold or merged and the soonerthe better.
    PGH looks like the logical survivor but I am concerned about there cash flow going forward if they
    continue to develop the Lindberg Phase II & III insteading of pulling back until Oil settles in. They self financed Phase I and would hope they have enough common sense to hold off until they better visibilty as to where WTI is going. Remeber the CC when the CEO stated that 50 US Dollart WTI would still yield a 10% on WCP which sells at a discount to WTI. If WTI drops below 50 if could be a problem if they continue to create more debt and continue on Phase II & III for Lindberg selling Phase I Oil with no profit. I think they should wait
    until the market turns and just try to continue to raise money on assets , cut div by 25% ( soft landing), reduce cap ex , reduce overhead and just sit this on out until the market changes. This way they could meet their obligations, I think 115 million on notes due 2015 and stay lean and mean. Also the dollar should weaken at some point which is also driving up Oil prices. Better to be safe and exist then cash poor and over there head in debt and be in a position where they cannot pay there bills. The other good alternative is to sell or merge
    with a big cap.

  • Reply to

    A short discussion with investor relations:

    by hardmetalman1 Dec 12, 2014 4:25 PM
    mustangsny mustangsny Dec 14, 2014 10:41 AM Flag

    As per there CC the CEO said that WCP at 50 per barrel in U.S. Dollars would return a 10% net back.

  • Reply to

    LOOKS LIKE POTENTIAL BUYOUT COMING????

    by mustangsny Dec 12, 2014 1:25 PM
    mustangsny mustangsny Dec 12, 2014 9:18 PM Flag

    Especially when everything is in place and ready to go with future development. If this company is not desirable then who is. They have the right thing going on at the roght time. The problem could be that mangement does not want to give up big salaries, options etc. But inthe end if oil does go down to 40 for which I doubt, it would still be better to sell now as the enviorment is going to get tough espcecially with the USD on the up swing. This is more then a supply and demand situation.
    This is about a new kind of warefare where the USA with conduit Saudi Arabia, Kuwait are going to
    keep prices down to bust Russia and Iran. It's aboout creating a safer world without expanisonism and bringing about a fall in the Iran regime. The ends justifies the means. Meanwhile americans
    will enjoy something they are not used and that is having more money to jingle in their pockets. That's not so bad as long as they bring Oil to a happy medium for all. This company should sell now and not gamblr like PWEW did when they had the opportunity at 10 per share and laughed. Now they are a penny stock. The shareholders got screwed. If PWE goes broke , so what does it mean in the scheam of things. Management should actively seek a better way for this company as the credit market and the valuation of reserves is going to sink by virtue of the price. Any cooments.?

  • Reply to

    A short discussion with investor relations:

    by hardmetalman1 Dec 12, 2014 4:25 PM
    mustangsny mustangsny Dec 12, 2014 9:06 PM Flag

    wrong as WCP or heavy oil sells at a discount to WTI. About 15-20 dollars less. So where do you get 90 per barrel.

  • Reply to

    A short discussion with investor relations:

    by hardmetalman1 Dec 12, 2014 4:25 PM
    mustangsny mustangsny Dec 12, 2014 4:28 PM Flag

    Good job. Maybe thye are in talks which they wouldn't say anyway. But you got soome good answers.

  • Reply to

    LOOKS LIKE POTENTIAL BUYOUT COMING????

    by mustangsny Dec 12, 2014 1:25 PM
    mustangsny mustangsny Dec 12, 2014 2:29 PM Flag

    We all know that 1st steam is now. I would like to know how you know it's not a buyout and your answer "who knows why it is up". So you don't have a clue either. I take it you like the company so my origianl question to you was why wouldn't some else like it enough to buy it.

  • Reply to

    LOOKS LIKE POTENTIAL BUYOUT COMING????

    by mustangsny Dec 12, 2014 1:25 PM
    mustangsny mustangsny Dec 12, 2014 1:43 PM Flag

    Why? You own the stock becuase you liked it. Why wouldn't someone else like it to buy for the future. Then explain the why it is up today.

  • The way the stock is acting is compared to Oil tells me that more then just major institutional buying is coming in with volume just good not way out of whack. Also this could explain why there has not been any insider buying . I checked with Canadian Insider and no insider buys as of today. The reason I lean to a takeout is that it would make sense for someone to take PGH out in light of the growth of Lindberg in which phase 1 begins next month and the future of Lindberg along wit hthere other assets. Also the hedges help to weather the storm. Could be a nice play but the question is at what price. Just a guess as I think all of a sudden this stock woke up at the worst possible time and also not to see any insider buying at these prices is contrary to
    what others like HK, PWE are doing.

  • mustangsny mustangsny Dec 9, 2014 2:52 PM Flag

    agreed

  • Reply to

    Dividends

    by bgjvrstk Dec 4, 2014 11:19 AM
    mustangsny mustangsny Dec 4, 2014 12:59 PM Flag

    Probably alot more then you but am pairing off. Not using PGH , LINE, APL, PWE,BHI, HAL. Unloaded HK, 1/2 SDRL. Buying more HAl.

  • Reply to

    Dividends

    by bgjvrstk Dec 4, 2014 11:19 AM
    mustangsny mustangsny Dec 4, 2014 12:53 PM Flag

    Might be a good move. Im sitting on PWE too. Got out of HK-a dog, and just going to hold on as between Options and Stock I am loaded on PGH. If this come back it will be a windfall. IF is a big word. I only hope management is not holding back on bad news about lindberg. Soem kind annoucement would go a long way right now that everything is on plan.

  • Reply to

    Dividends

    by bgjvrstk Dec 4, 2014 11:19 AM
    mustangsny mustangsny Dec 4, 2014 12:26 PM Flag

    Good read. I am mystified as to why PGH is so very oversold. As we approach first deliveries from Lindberg it will boost cash flow. As you said and management said on their CC that 50 oil would give them a 10% net back. I do believe that if Oil goes to the $50 level it won't be for long. I truly believe that Oil will not go there but all the oil stocks are priced as if they would. PWE is also acting badly selling at about 30% to book. The whole sector of stocks makes no sense at all. Basic problem is that you just have sellers. There is no confidence in OIl at all. They are wrong as something can and will happen to jump the price. Everyday I see this stock just drop a little more
    at a time and today to drop at one point over 8% just makes no sense to me. I think management needs to do damage control. They need to at least tell us how the steam injection into Lindberg is
    going and address the Dividend with a statement to re-enforce confidence in the company and that they are on track. Being silent sometimes is not the best way to handle what I call a criisis like this.

  • mustangsny mustangsny Dec 2, 2014 9:11 PM Flag

    Good point but people today are more gun shy when it comes to management saying this and that. Just look at SDRL. I was caught in that where management came out and stated that the div would be good thru 2015. Then comes the CC and they suspend Div. Probably a good move for the company but the reality is that they
    should have went for a soft landing instead of saying they were going to buy 10% more stock. They could have reduced and the stock would not have tanked the way it did and is tanking still. PGH has been around
    a long time and the Lindberg field is a game changer for them. The problem is the analyts and news are
    telling people to buy energy now but they say buy the big names only. There is mass confusion as the whole sector got beat up so badly it is now way oversold that people after looking at the prices of most of these stocks look like they are going out of business they are so low and so fast. So alot of doubt has been created in there minds. The key to buying now is to buy where you have 100% confidence in what the company is doing and the management that is running it. I think that when people look at PGH there is still doubt. I watched it today compared to the WTI and it moved with it which tells me people are afraid to have the confidence they should in this stock knowing that Lindberg is coming online in 1 month. But still there is doubt and I think it behoves management to start talking about the steam injection ASAP. We need more information from management now with this Oil situation the way it is. Look what Ford has done over the last month or so whit the launch of the F-150. There numbers were so so becuase ofthe retool of the F-150 but they have gradually used the off numbers to explain and the market gradually came aroind and now the launch and Ford is on the move again. Now everyone knows that the numbers for next month are going to go thru the ceiling becuase of the F-150 deliveries and orders. Linberg is the there F-150

    Sentiment: Strong Buy

BZH
16.99-0.05(-0.29%)Mar 2 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
JD.com, Inc.
NASDAQMon, Mar 2, 2015 4:00 PM EST
NXP Semiconductors NV
NASDAQMon, Mar 2, 2015 4:00 PM EST