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Cummins Inc. Message Board

rbtsherman 444 posts  |  Last Activity: 1 hour 37 minutes ago Member since: Aug 3, 2009
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  • rbtsherman rbtsherman 1 hour 37 minutes ago Flag

    could you answer this
    The country has been tied to Russia a very long time
    So you have the big cities want a change and tie them to none Russia
    Yes many countries have done this
    Buy will this be successful?
    Is the US ,Europe offering to modernize their factories?
    No
    Are there already too many factories in the world?
    Yes
    Their present factories can not compete on the world market
    Russia buys their junk when no one else would.
    You have about a 1/3 of the country that wants to stay tied to Russia
    Have they been given a chance to vote to decide for themselves?
    No
    You have the US arming the country and saying go in there and force them whether they want it or not
    Do not give them a vote
    Do not wait
    Force it on them right now
    Use the military to do this whether they want it or not
    Use heavy weapons,tanks ,planes.bombs
    What ever it takes
    We do not care what they want
    And Russia gives them some weapons to fight back
    Are they armed any where near the central government?
    No
    But this is all Russia fault
    Is it Russia they brought in troops to force the locals to obey
    Did the US and the central government take time yo change
    NO
    If it was so good why did they not do the change for their part of the country and prove the change was good
    No ,go in there and bomb ,tanks rocket fire
    Do you think we could have given it some time?
    Its the US way or die and Russia is blamed for giving people weapons ti defend themselves over an forcefull government
    Yes they forced the central government out
    The majority of people in these ares did not want to loose ties and away of life they have had for 100 of years
    But the US can force the change with a military ,Oh thats good for us
    WE are the bad boys and can do what ever we want
    Is that right?
    no
    We should have given it time and the people in those areas should have been given a vote on what they wanted

  • rbtsherman rbtsherman 4 hours ago Flag

    shaanzi is weichai
    So China is going to lng trucks
    This is surprising to me as the big cities have piped cng
    But they will be importing lng on the cost
    they will have 12 lng import plants on the cost

  • rbtsherman rbtsherman 4 hours ago Flag

    Shaanxi Automobile Group, western China’s largest truck maker, and Dongfeng Yangste Motor Co., the region’s biggest bus manufacturer, are among those producing natural gas vehicles that are outwardly indistinguishable from conventional models.

  • rbtsherman rbtsherman 4 hours ago Flag

    try to give more understanding

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    Photographer: Wang Zhao/AFP via Getty Images
    In China, leaders are starting to heed demands for cleaner air in the nation, which the World Bank estimates has 16 of the planet’s 20 most-polluted cities.
    Related

    High Pollution Drives China’s City Dwellers Out

    Powering vehicles with natural gas, a cleaner alternative to diesel fuel and gasoline, is catching on faster in China than in any other nation as President Xi Jinping seeks to reduce smog.

    About 3.8 million cars, trucks and buses in China, the world’s biggest energy consumer and emitter of greenhouse gases, will be filling up with compressed or liquefied natural gas by 2020, according to Bloomberg New Energy Finance. That’s almost double the current number, making Asia’s largest economy the fastest-growing market.

    The emergence of natural gas as a motor fuel emitting 32 percent less than diesel is buttressed by China’s network of almost 4,900 refueling stations and a $400 billion gas import deal with Russia. The fuel is also about 30 percent cheaper than its diesel equivalent as LNG trades at a three-year-low in Asia. Chinese Premier Li Keqiang has promised to ban dirtier vehicles as smog in the capital, Beijing, increasingly exceeds World Health Organization limits and forces residents to don masks outdoors.

    “Natural gas vehicles have significant growth potential in China because they’re more economical than conventional models and because the government is committed to fighting pollution,” Ricky Wang, an analyst at ICIS-C1 Energy, a Shanghai-based commodity consultant, said by phone on July 1. “Gas demand from the transport sector is booming.”
    Photographer: AFP/Getty Images

    Heavy smog in Harbin, northeast China's Heilongjiang province.

    India, Pakistan and Iran are among other fast-growing markets for natural gas-powered vehicles, said Tony Regan, founder of Tri-Zen International Inc., a Singapore-based consultant with clients including Royal Dutch Shell Plc and OAO Lukoil. The U.S., enjoying a rising supply of low-cost natural gas because of the boom in hydraulic fracturing, or fracking, was one of the first to use LNG as a truck fuel.
    Heeding Demands

    In China, leaders are starting to heed demands for cleaner air in the nation, which the World Bank estimates has 16 of the planet’s 20 most-polluted cities.

    Exposure to PM2.5 pollution, the small particles that pose the greatest risk to human health, contributed to an estimated 8,572 premature deaths in Beijing, Shanghai, Guangzhou and Xi’an in 2012 and more than $1 billion of economic losses, according to a study by Greenpeace and Peking University’s School of Public Health.

    China is now the largest and fastest-growing market for LNG used in trucking, Regan said. By 2015, 220,000 heavy trucks and 40,000 buses in China are expected to run on LNG, he said in an e-mail July 2.
    LNG Alternative

    “While natural gas has been used as a fuel for vehicles since the 1930s, this was mainly for cars and taxis,” Regan said. “CNG was the first way to use gas as a motor fuel, but there is growing awareness of how much cheaper LNG is than diesel and how suitable that is to fuel trucks, trains and buses.”

    Even so, China’s ability to switch drivers to natural gas will be constrained. The country is far behind the U.S. in using fracking to expand domestic production of gas. In the U.S., the technology has unlocked natural gas trapped in formations like the Marcellus shale. China’s electricity makers also are competing for gas to replace coal, meaning the nation will face a long-term shortage, according to Charlie Cao, a Beijing-based analyst at New Energy Finance.

    “The lack of fueling infrastructure has been the single largest constraint to the natural gas vehicle market,” Cao said. “Drivers have to compete for already limited gas supplies, especially in the peak heating season, when the tight gas flows are prioritized for residential use.”

    China will have 200 million vehicles running on all types of fuel by 2020, according to the China Association of Automobile Manufacturers. That means natural gas will fuel only about 2 percent of the total even as the use of gas surges.
    Compressed Gas

    Compressed natural gas, or CNG, currently dominates China’s market and accounts for 97 percent of vehicles running on natural gas, Cao said. LNG has a smaller share in transport because of higher costs for liquefaction and a shortage of infrastructure for deliveries.

    Still, transportation is forecast to surpass manufacturing as China’s biggest downstream consumer of LNG by 2016, Gordon Kwan, the regional head of oil and gas research at Nomura Holdings Inc. (8604) in Hong Kong, said in an e-mail last month.

    China’s LNG-powered fleet will more than double to 180,000 vehicles and use 5.3 million metric tons for a 40 percent share of LNG consumption by 2016, Kwan said.

    “Natural gas vehicles are more economically attractive and technically mature than other new-energy vehicles,” Cao said. “Electric or hybrid vehicles, for example, still requires government subsidies to compete with the gasoline and diesel-fueled passenger vehicles. Building the gas fueling stations is also less capital-intensive than the charging networks.”

  • Reply to

    hovering near the high of the day.....

    by cancerdotcom Jul 28, 2014 12:47 PM
    rbtsherman rbtsherman Jul 29, 2014 4:06 PM Flag

    In the last five years, China has added 1,500 refueling stations for vehicles running on natural gas, with half of those added in the last year, said Heather Hausladen, senior research analyst for IHS, speaking during the IHS Energy CERAWeek conference in Houston.

    The United States, by contrast, added 84 compressed natural gas stations last year, according to IHS.

  • Reply to

    hovering near the high of the day.....

    by cancerdotcom Jul 28, 2014 12:47 PM
    rbtsherman rbtsherman Jul 29, 2014 11:46 AM Flag

    in buses ,taxis ,trash
    There are not large hp and the amount of fuel they burn is not as high as large trucks
    So you do not need the 2.0 system,you can stay with old and others make old too

  • Reply to

    hovering near the high of the day.....

    by cancerdotcom Jul 28, 2014 12:47 PM
    rbtsherman rbtsherman Jul 29, 2014 11:35 AM Flag

    Yes the bus ,taxis and trash is doing well
    Thasts not enough for a billion dollar company

  • Reply to

    hovering near the high of the day.....

    by cancerdotcom Jul 28, 2014 12:47 PM
    rbtsherman rbtsherman Jul 29, 2014 11:21 AM Flag

    you want to see an increase
    look at how many station China has
    how many have been built in the last year and how many planed in the next few years
    Than I think you would agree with my statement

  • Reply to

    hovering near the high of the day.....

    by cancerdotcom Jul 28, 2014 12:47 PM
    rbtsherman rbtsherman Jul 29, 2014 11:16 AM Flag

    just given my opinion and i am not the smartest or most knowledgeable
    reason for this statement
    Lng plants for none export are not being built
    Both blu and clne have stopped or at least slowed a lot in building stations
    blu got the money,so their must be a reason
    Cummins ,world wide
    They have come out with new line of diesel that are high teck in all sizes and aprox 20% more fuel efff
    They have not given up in ng but my opinion is
    How much is made on ng
    How much capital ,investment is needed for return
    If you sell an ng,what risk are you talking on warranty cost, a lot
    I am not saying 2500 will not be sold
    Thats nothing
    I believe in two years Weichai will be selling 200,000 a year
    So i believe that cummins for now is waiting
    Hopefully to see how the new is
    t could be a while
    Volume will be in China
    Hopefully this leads to lower prices and quality
    Weichai is willing to take the risk
    For now Cummins is not
    At least in huge amounts
    2500 is nothing
    Not enough to bring cost down a lot and increase quality a lot
    We have known this 2500 for a long time
    So nothing new in stations, vehicles,plants,long distance ,large trucks on major highways

  • Reply to

    Cummins

    by e7navy1999 Jul 28, 2014 10:57 AM
    rbtsherman rbtsherman Jul 29, 2014 12:20 AM Flag

    cummins is doing well in diesel and has many new diesel products that are doing well
    Thats the news

  • Reply to

    hovering near the high of the day.....

    by cancerdotcom Jul 28, 2014 12:47 PM
    rbtsherman rbtsherman Jul 29, 2014 12:18 AM Flag

    can you give us one time you have not been positive on the stock
    I own the stock and think long term it might do well
    The news for the last days is Cummins
    Cummins from what I see
    World wide
    It is heavily invested in diesel engines
    It has come out with modern new engines in many sizes and all over the world
    They are doing well compared to others
    We are seeing that they are betting a lot more on diesel and have not announced a major shift to ng
    Our hope is WEichai
    Cummins is going to try and will take some of their share in large engines and maybe others
    Cummins has great new product
    Since Weichai large increase is at least 6months away in ng and ng sales in the US has peaked for a while
    Nunbers will not be supper
    So lets hold in there

  • Reply to

    Bio

    by icravewutushave Jul 27, 2014 4:09 PM
    rbtsherman rbtsherman Jul 28, 2014 6:03 PM Flag

    you might want to check
    land fields as soon as the opened
    Clne borrowed what they expected to make for the 10 year contract

  • Reply to

    Bio

    by icravewutushave Jul 27, 2014 4:09 PM
    rbtsherman rbtsherman Jul 27, 2014 9:38 PM Flag

    is this another
    e own the station
    oh owning the pumps again means what
    give us what their over head is
    how much are they paying fo rit because the do not own the fields
    How long there contract is
    We will say its usual
    say geytiing 30cents
    And we will say this is all profit
    Thats 10 milliom dollars
    they are loosing 20 million less in rebates a quarter ,thats 80 million a year

  • Reply to

    The largest shares holder

    by eaglefryhigh Jul 27, 2014 12:05 AM
    rbtsherman rbtsherman Jul 27, 2014 3:46 PM Flag

    he bought a lot or and got free at the start
    he lent money
    got all back plus interest and a huge amount of cheap warrants
    he sold a lot a high and got some from wife
    he has made many 10 of millions
    probably has gotten more than all back
    He is a great salesman
    There is just nothing that he can pitch right now

  • Reply to

    HERE COMES THE PUMP...

    by notforutosee Jul 26, 2014 1:42 PM
    rbtsherman rbtsherman Jul 27, 2014 3:29 PM Flag

    I agree
    For now cummins is the US
    But watching Cummins stock has almost zero reflection of wprt
    cummins US sales of ng vehicles is probably 1% of their business

  • Reply to

    HERE COMES THE PUMP...

    by notforutosee Jul 26, 2014 1:42 PM
    rbtsherman rbtsherman Jul 27, 2014 11:21 AM Flag

    as I have said
    You can not talk about cummins results and westport
    They are two different things
    Cummis sales revenue what ever are not the same as ng sales in US or the world
    Cummins came out with new diesel engine in last China,improved
    China is about to lower the amount of pollution allowed by trucks
    So many in china are buying now
    Every nows about the sales to be produced this year and the production rate
    Its the future that matters
    Sales will be huge in China in 2015 and 2016
    Volvo will produce in the US next year
    Little is known will there be huge increases in the US in 2015
    The big hold up in ng vehicles has been quality and quantity
    With huge amounts of ng vehicles in China in 2015 and 2016 we will reach the level that price can come down and quality up
    Than we will start seeing a lot .100% more on the US
    Do you want to buy now for that is the question not what small increase now

  • Reply to

    HERE COMES THE PUMP...

    by notforutosee Jul 26, 2014 1:42 PM
    rbtsherman rbtsherman Jul 26, 2014 5:37 PM Flag

    if you only said some thing that mattered
    Cummins is a world company
    I have not checked but ng sales i the US are probably less than 1% of cummins revenue
    Cummins is down because all large cap in transportation, industry are down
    As far As US ng sales for wprt they will probably be less than 20% of wprt revenue by the end of 2016
    Its simple
    Wprt will be changing over to 2.0 and a lot of parts in the 2.0 system will be used in all
    If Cummins does not use wprt much in the US ,Volvo and weichai will come in and replace them
    I have not looked at the numbers but they will be up a lot more than 8%
    And who cares
    Have you looked at how many ng sations China is putting in right now ,how many it has and how many more planed
    You are worrying about a small % of wprt future business
    Why would i even care about the US

  • Reply to

    The bright side...

    by teach_162 Jul 25, 2014 2:22 PM
    rbtsherman rbtsherman Jul 26, 2014 5:18 PM Flag

    you miss the point
    They told a long time ago ,we will run the company fot our benifit
    At that time they had more than 50% shares
    They may have less than that now but have enough
    So they have to do zero
    Its not like they did not tell you and there is zero investors can do about it
    If the stock was to go below $5 than they might buy out or some one else
    Till than they can just keep giving them selves huge salaries and nothing you can do
    You have not said why its in their best interest
    They do not need to care about investors
    They are not going to go and borrow any more money threw stock unless below $5 with them lending getting interest and free warrants below $5
    Thats what they are waiting for

  • Reply to

    The bright side...

    by teach_162 Jul 25, 2014 2:22 PM
    rbtsherman rbtsherman Jul 25, 2014 6:41 PM Flag

    look at enn ,one of clne competitors
    a 60 billion dollar company
    Take a look at their salaries ,all less than clne
    A lot are very rich
    I think the president is a bilionare
    How did he get a billion
    He bought the stock out of his own money and grew the stock price
    Yes they did dilute a lot
    To raise cash to grown
    Not to reward them selves
    You have to go no farther than to look early in the company
    They warned every one
    We control a lot of the shares
    We may run the company for our benefit and not share holders
    They sure have

  • Reply to

    The bright side...

    by teach_162 Jul 25, 2014 2:22 PM
    rbtsherman rbtsherman Jul 25, 2014 6:24 PM Flag

    teach
    You bought higher and now you are trying to give possible reason this stock might go higher
    The stock
    Bio gas
    Yes they could make more in present contracts with the government rebate
    But future contracts they will get less because rebates will be in the price
    They will get less for their services if they are getting a rebate
    Do we now much about their new contracts?
    I do not
    How much equipment are they supplying
    What is their margin
    Every one talks about how much more they are seling
    Is 100 % more enough for them
    Not even close
    They just have way too much overhead
    I have seen almost no cut back in this
    You act if management is cutting back
    Yes they are not not making 10 or 100s of millions
    What did this come out of
    wages and stock warrants
    The stock warrants caused dilution but not cash
    Are they cutting back cash on what it cost clne ?
    No
    So a still huge amount of salaries compared to there size ,profits ,income etc.
    Is ng going to grow by say more than say 25% a year for the next few years?
    No
    Clne needs to sell 200 to 300% more to cover its overhead
    It t now has a lot of competition
    With out almost none it could not make money
    is there any indication at all that they are going to bring their cost down to be the low cost provider?
    None
    Yes they can win work
    Making enough o cover their over head is another thing
    Look at their top people
    How much do they make compared to another companies in their size in their field ,profit, revenue ,net income or any field
    What 10 ,100,1000 times more
    They are never going to make it
    Make it isProfit for share holders
    Even if they did
    The number of shares is up what 50 times since it went public
    For a quick look at the company you might look at net asset value per share
    I think it has been down ever year they have been in business
    So they give a good direction where its headed

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