positives - PE of just under 13 (lower than competitiors), 4% dividend is about 65% payout, revenue growing faster than competitors. seems like a safe 4% return with some growth potential
just my two cents,
some thing I would like to see (and would help)
1. insider buying (it doesn't even have to be a lot)
2. better volume
3. more communications on what is happening
4. earnings - that is what will drive the stock and volume (I believe)
5. contingencies if targets aren't met, will do a, b, or c in all divisions
6. acquisition strategies that fit
realizing my thoughts are if the oil prices hold or improve from where we are now is what I base my comments on:
oil has risen about 15% (conservatively). I know there were ups and downs, but using $38 as an average
if revenue can increase by $1 mil ($240 k on the black oil revenue, $400k on the refining oil, plus growth in the whole business by about 1% ($260k)
would improve and cut losses, this would line up to be profitable by end of year, if oil can hold/increase in current range with pay for recovery, acquisitions, growth, and fiscal responsibility
i agree, the excuses should go away, but when. yes prices are up to over $40 but that impact is happening in the 2nd quarter, they need to stay that way for more than a day to make an impact. if it stays above $40, I will expect better numbers, if it gets to above $45 for a quarter, I will expect positive earnings from them. lets wait and see or if you are done waiting get out, move on, and stop looking back.
even with lack of cooperation in opec, prices holding at over $40. if they can stay/creep up will be a plus for VTNR
also oil refine/product line should benefit in future quarters (I don't think much in 1st quarter).
oil rig count down again, still huge oversupply yet, at $40 will improve margins for vtnr, will not see this quarter, maybe next if they hold that level
first when I posted it was under $2 I would figure to stay above $2would need good volume. oil is still not what I would call u significantly or stable at this higher price. need to see volume on this stock, and it may take a few quarters.
with oil up and if it stays above $40 will help, and if it keeps climbing will help also
if it is, I would like to see it do it with above normal volume. that would say something, then an earnings report next month that shows progress.
I would also like to see a timeline to getting that ohio plant back on line
i agree, I would like to see volume pick up, but it may not happen until any or all of the following (in my view) 1. oil prices rise higher 2. numbers start to improve 3. positive press/high profile investor 4. take over bid. those 4 are my opinion
my goodness, why don't you suck some more life out everything around you. I have been screaming for leadership, they finally got that and on Jan 19th letter, since then stock has climbed.
we need to see numbers, you don't think a fire can affect that? we are not talking exxon mobil here.
how about your job (or have you not moved out of your parents basement) how do you get raises and bonus (oh wait, you're voting for Bernie so you can stay home and receive free stuff and bad mouth other who are trying to make go of it)
if you want more stability and profitability, you are in the wrong stock, this company is still a start up in many ways, trying to get profitable. I believe they will make it,i didn't expect it overnight. maybe by end of 2016.
i don't now what is worse, the doom and gloom posts or the blue sky and puppies people. It is great the stock went up, I sold 1000 shares, so I now have 11k and I made some on that. but the facts are the facts, we need numbers, vision, progression. if the numbers are good that would be 2 quarters out of 3, but looking at the last 2 years they missed estimates for the year. yes I know growth is occurring and oil prices are down, but that doesn't mean a hill of beans to money managers. they was a track record to show we can hit our targets.
go ahead now and blast me for what I wrote here, but facts don't lie. I am in, I am in for 2 more quarters, if we hit the mark in either, I will still be in, if we miss both, I'm out plan and simple.