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Beazer Homes USA Inc. Message Board

mustangsny 24 posts  |  Last Activity: Jul 27, 2015 3:28 PM Member since: Oct 26, 1999
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  • mustangsny mustangsny Jul 27, 2015 3:28 PM Flag

    should be much better then Q1. This is a defining moment for Evans.

  • Reply to

    PGH.. risk/reward

    by caseyboy416 Jul 26, 2015 1:15 PM
    mustangsny mustangsny Jul 26, 2015 5:46 PM Flag

    There cc is coming up on 8/6. You know that they did better then Q1. Dont look at the price of the stock as the whole sector is a disaster. We all know in advance that the numbers will be good unless they did something very stupid which I believe they did not. Too much drama and panic. Look at it this way : they are in much better shape then most and they know what they have to do at this stage of the game. They will survive whether you believe it or not and you will look back one day as a great opportunity. I remeber PTEN in 2000 which as a 2.00 stock and went up to around 65 and split. All you need is a little good news and it will come. PGH is a small company compared to others in this sector who got caught with there pants down and have a lot more trouble then PGH.
    PGH is set eith financing thru 2019 and all the other things that they have. WOuld be nice to hear that they went into a deal to sell some non core assets with this cc. Someting better then you think wilo come out of this. If your so nervous then just sell and take your losses, thats all.

  • Earnings are going to be much better then Q1, Lindberg will be included in Q2 numbers. Hedges for 2016 near 80% which is a good point to be at. Cap Ex very little, FFO will be good and profits from Hedes will be good. Better Net Back and maybe a surprise with the announcement of a non core sale to lower debt.. Iran will not come into play until late 2016 if at all. Demand is increasing and the move down and larger spread between Brent and WTI has grown but will recede. Heavy Oil discount to WTI has shrunk. Canadian dollars in which PGH is paid in has grown which is better and loans due maybe have increased due to a small currency exchange rate. When you put all this together the numbers will probably be better then when OIl was much higher. Companies like PGH know what is at stake even though I do think Evans is very weak with wall
    street. But all in all we will finally have answers when they report on 8/6. My hope is by then WTI will somewhat rebound into the low fifties and guidance will be bad going forward. If there is a time to buy it is now as if this quarter is bad or so so the stock will be dead for a long time. If the numbers are strong with a strong report it will move this stock toward a respectable price meaning north of 4. PGH needs a catalyst
    to get this stocking moving again and good numbers and confidence can do the trick. If Evans is going to
    show leadership he needs very very good numbers to show his vision paid off in these hard times for the Oil industry. There is no better time as now if this company is for real.

  • Reply to

    Why is PWE up 10% today?

    by heavy_air86 Jul 21, 2015 3:13 PM
    mustangsny mustangsny Jul 21, 2015 3:28 PM Flag

    Maybe an announcement coming up after close.

  • Roberts needs to sell this company or come with a miracle which I don't won't happen. With low Oil & Gas prices they sell at and the fact that he wasn't bright enough to cut risk I see this company heading for a bad
    ending. I just don't know what the BOD is thinking letting the company go down the drain the way it is. Plain and simple, they were not prepared for a down energy market like this and thought they were smarter. They now have a situation where they have put the company at risk for surviving. By hedging it was better to have
    less then zero. Where was the common sense they are suppose to have. They need to sell this company before they cannot. I have no faith in Roberts pulling this rabbit out of the hat.

  • Reply to

    Time For A Change Seriously

    by mustangsny Jul 20, 2015 5:06 PM
    mustangsny mustangsny Jul 20, 2015 5:32 PM Flag

    Agree, but the BOD need to turn her lose ASAP. She is not strong enough for this company and never will be.

  • Need a earnings date from PGH. Also any kind of news from our esteemed CEO would surely be welcomed.
    This has turned into a Penny Stock and the BOD should realistically think about selling the company. It's obvious that Wall Street lends no creditability to Evans as to how he has handled this company and his vision for it. I know Oil prices are down and Oil stocks have been hammered but this is beyond belief. I do not believe that he has the confidence of the market nor will he get it even with blow out earnings. Sometimes you need to make changes to instill confidence.
    Have been in this for a while and with everything Evans says the company has going for it has not turned
    any ones head. This company's price is like there was no hedging, LIndberg, etc. He has failed to get the message across to Wall Street. The company needs a much stronger CEO at this point to get us
    back to a level of respectability.

  • It's time for a change seriously. She is just not doing it. Always a so so report. They need a strong CEO.
    The street looks at IBM as a stock that only goes up with buy backs. This CEO is not what IBM needs. Seven quarters of retracting growth. Since she has been there. What is there to say except they need a change at the top.

  • Reply to

    Decline

    by jdm1234567892002 Jul 20, 2015 12:02 PM
    mustangsny mustangsny Jul 20, 2015 12:16 PM Flag

    They just raised 1.5 billion on Friday for cap ex which does not go on there balance sheet as a liability and an additional 287 million on a sale wbich they will lower debt. Doe this sound like they are going BK. Use your head.

  • PWE management need to start feeding some positive news out there so people can restore some kind of confidence in this company. They also need to move fast as the M&A is going to be hot and heavy. Roberts
    a supposedly experienced manager knows that w/o good news and a decent earnings (2nd qtr) this stock
    will keep sinking. He needs to change the perception of what people believe is a lost cause. They have all
    these assets and they need to report a substantial sale of assets to reduce debt as they approach earnings.
    We will see.

  • mustangsny by mustangsny Jul 19, 2015 6:42 PM Flag

    As we approach 2 qtr earnings PGH with higher Oil Prices, Lower Spread on Heavy WCP ( Lindberg), Hedged positions, added production do to Lindberg field which was not included in 1st qtr report, installation of pipeline
    to Husky for Lindberg Oil which will save on transportation costs, hedged gas, virtually lower Cap Ex and better efficiencies and the continuation of cutting expenses plus the potential sale of 600 million before year end should make this stock pop. They should bet big time and there is no reason why they shoudn't have
    a very good quarter. PGH gets paid in Cad dollars so at a exchange rate of approx., 1.20-1.26 this should
    help. Also lowering debt.There is no reason that Evans would screw this up as his job could be at stake for not doing what he said he would do and the shareholders would want his head. I can remember when PTEN
    was a 2.00 stock in early 2000 then went up I think into the 60's and split. This company has the ability to
    gain in a market like this where Oil stays in the 50's right now. It is an opportunity and should be looked at as such. If they fail to produce a solid quarter then we have the wrong management team and should be replaced
    at once.

  • As we close in on 2qtr earnings the moment of truth will be when they have there 2 qtr earnings reported. No more #$%$ or games but hard facts and performance from Evans is expected. Yes he has done all the right things except make money for the company so he is a successful failure up until now. With Lindberg, maybe an additional sale of non core before earnings, explanation as to the renewal of the shelf offering and what they intend to do with it, profits on better OIl prices then 1st qtr, cutting expenses, what the pipline with husky will do to decrease in transportation costs and efficencies that they have been workng on should bring forth a great earnings report and not a so so one. How much time does Evans need. I didn't see him take a pay cut or loss on bonus options for doing a sub par job. If he cannot cut it the BOD must cut him loose or his vision can bring
    down the whole company which he has almost accomlished. Terrible leadership or I mean no leadership. It's by example not firing the guy next to you.

  • PWE management will either get things done or it will go right to the toilet. They have properties to sell and should expect a deal for a sale before earnings. In addition if overall improvement for 2 Q is not made then this management team did not do what everyone thought they were capable of doing. By not hedging to begin with, they put the company in a very bad risk position of getting insolvent and going into recievorship. That is why I question management. Better to be safe with less then go to zero. The saving grace is that they own a lot of property that should be good enough to fetch a decent price and they need to reduce costs and increase efficiences so that they can make money on low price Oil. Will see but starting to doubt more as each day passes.

  • Hopefully management will blurt out some good news about what is going on as they approach the end of the quarter. An update would be helpful to the stock and confidence level of the shareholders. They have all this property, surely someone must want something plus with prices this quarter for Brent and WTI they should generate decent FFO as long as they keep there Capex down and expenses which they said they were going to do. It would be nice to hear they raised another 300 million form the sale of more non core property and reduce that debt. Roberts needs to show more movement asap.

  • mustangsny by mustangsny Jun 9, 2015 10:47 PM Flag

    Management probably saw how this stock was tanking and decided to feed us an update on Lindberg which was good to hear. If they stick to their game plan this quarter should be very strong in comparison to last
    quarter. They should have no excuses for anything but a stellar performance with Oil prices up for the quarter plus the Lindberg production plus the hedges for Oil & Gas. FFO should be very strong and I hope they feed information into the market approaching earnings. If they could make money at 30 per barrel on heavy oil the current prices this quarter so far for WTI should make this quarter very good.

  • Reply to

    Is SAN long term investiment or just a trade ?

    by honnistabe Jun 4, 2015 8:52 PM
    mustangsny mustangsny Jun 7, 2015 9:08 PM Flag

    I have owned San for over two years and sold most of my position at a profit. With what I am left with , approx 4k Shares I am underwater. The div was good but now you are looking at .05 a share per quarter. Botin's father was very shareholder friendly and a very smart man. He kept the shorts at bay and also had a huge appetite for mergers. So Santander was active and has grown. Ana Botin has not been able to duplicate in the price of the stock what her father had done. To be honest she is a bore. Even at the meeting in Davos
    she contributed nothing as she was amoung people who more brains in there pinky then she has in her whole body. So she was irrelevent. Santander is a great bank with it's business diversified into many parts of the world yet they cannot get out of their own way when it comes to bringing the stock to where it should be. The only one you can blame is the CEO. Do you think if Diamond was running this bank it would stuck at 7.00 per share. No way. She abandons her fathers ideas and thinks she is smarter which she is not. If you want to sit long term meaning a couple of years, yes the stock will go up but I wouldn't bet on it happening now. When it hits 8 i'm out. Id rather be in BAC or Citi now that things are turning in the USA. Keep taking profits when you can. Nothing wrong with that. You will probably make more that way. Good luck.

  • Reply to

    Any Ideas from here on out for PGH

    by titusbythesea Jun 5, 2015 12:14 PM
    mustangsny mustangsny Jun 6, 2015 8:00 PM Flag

    If Evans cannot get it together in 2nd qtr with decent numbers, I think the BOD sholuld fire him. He has been promishing and promishing and now it is time where the rubber meets the road. Higher WTI prices, Lindberg,hedges this quarter, low cap ex, so NO EXCUSES. Everybody is tired of hearing as to how well he is running this company with no results.

  • Reply to

    Boiler Plate Presentation-Just Pathetic

    by mustangsny May 13, 2015 12:48 PM
    mustangsny mustangsny May 13, 2015 3:31 PM Flag

    for starters why didn't hedge when they had a chance to protect themselves. They saw what Opec did post thanksgiivng. Did they really think they were smarter then everyone else. Look this company prior to Oil dropping was not doing well. Sometimes you need fresh faces and to clean house. This is one of those situations where this would be in order

  • Reply to

    Boiler Plate Presentation-Just Pathetic

    by mustangsny May 13, 2015 12:48 PM
    mustangsny mustangsny May 13, 2015 3:24 PM Flag

    would love too but for me the loss would be too great now. I have been buying the leaps on this and liquidating my stock position at this time.

  • It's kind of funny that on May 8th during the cc nothing was mentioned about a shelf offering. This is the kind of #$%$ we as shareholders have to take from this CEO and his do nothing team. They have done nothing but a lousy job over the past few years and now we are faced with high debt and how well they claim they maintained the value for shareholders. How these guys are allowed to contunue in their positions is a joke. The only saving grace is that OIl has rebounded for the second quarter which can help save this company. They need to reduce debt asap and they need to look to sell this company to some entitiy. My honest opionion is that this management is not capable of running this company profitably. I have no confidence in them at all.

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