Recent

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

Southern Copper Corp. Message Board

rogluther 85 posts  |  Last Activity: Apr 27, 2015 10:44 AM Member since: Feb 5, 2007
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    OT Interesting Article OT

    by rogluther Apr 8, 2015 2:19 PM
    rogluther rogluther Apr 27, 2015 10:44 AM Flag

    Another article of some may find of interest.

    Go to Ellen Brown Articles/Commentary and read The Trans-Pacific Partnership and the Death Of The Republic.

  • rogluther rogluther Apr 24, 2015 8:52 PM Flag

    Why all the SELLING ..... think about that?

  • Reply to

    Go back to options

    by dar200 Apr 24, 2015 10:58 AM
    rogluther rogluther Apr 24, 2015 8:47 PM Flag

    "You have 10 years to exercise the options"

    A little unclear ....... if you meant that you've got 10 years with maximum exercise of 10% per year then that's a better plan in my view since it places a much higher value on sustainable LONG-TERM growth.

    But ..... how could management possibly live in a manner they believe they so richly deserve on a plan of this type? Being fired for growth of less than 6% in any ONE YEAR is not reasonable and would need further tweaking IMO.

    An interesting conversation but ..... alas, it's all wishful thinking ..... as we all know. Let's hope management (and the tutes) read these posts so they can get a feel of the sentiment of a growing number of their private shareholders.

  • Reply to

    Stealth buyout will accelerate, imo

    by dar200 Apr 20, 2015 5:09 PM
    rogluther rogluther Apr 20, 2015 9:09 PM Flag

    IMHO you're probably correct.

  • Reply to

    Educate Me Please

    by rogluther Apr 20, 2015 8:42 PM
    rogluther rogluther Apr 20, 2015 8:54 PM Flag

    Found it ....... its an upgrade.

    1 Strong Buy
    2 Buy
    3 Hold
    4 Underpreform
    5 Sell

  • rogluther by rogluther Apr 20, 2015 8:42 PM Flag

    I just looked at my Schwab message center and found the following ..... dated 4/17 and received on 4/18.

    For NSAM ..... "In the last 24 hours the Reuters Research Mean recommendation changed 14.29% from 1.75 to 1.5".

    I called Schwab and asked about the message ..... they didn't have a clue, maybe because its after hours. I don't have access to Reuters so can anyone who does please tell me what they're saying. I suspect its like a 1 to 5 sentiment rating and they just downgraded it, if so, why?

    Thanks Roger

  • rogluther rogluther Apr 20, 2015 8:27 PM Flag

    Hey Ruswise

    My Schwab expert says a high limit order doesn't matter ...... they can still lend the shares ..... call your broker to confirm.

  • rogluther rogluther Apr 20, 2015 7:33 PM Flag

    Here's a little tid-bit that SOME may not know.

    Broad brush ..... if you hold shares in a sheltered or cash account those shares cannot legally be lent to the shorties without your permission.

    However, if you hold shares in a margin account your shares may be lent to the shorties without your knowledge. Just one of the down sides of a margin account ..... you could actually be enabling those who may be betting against you.

    How's that for irony.

  • Reply to

    NSAM vs NRF

    by jckhrly Apr 20, 2015 11:48 AM
    rogluther rogluther Apr 20, 2015 4:37 PM Flag

    My initial response remains the same.

    Be VERY CAREFUL that you don't have too many "eggs in the basket" !

  • Reply to

    Holiday Deep Dive Continued

    by rogluther Apr 18, 2015 2:37 PM
    rogluther rogluther Apr 20, 2015 4:18 PM Flag

    The first part of this post goes missing again !

    Who's messing with our conversations ...... and why?

    I smell a rat.

  • Reply to

    NSAM vs NRF

    by jckhrly Apr 20, 2015 11:48 AM
    rogluther rogluther Apr 20, 2015 12:27 PM Flag

    IMHO if you're in the black long-term you might wait to see where this little "pop" will go and then bail on NSAM ...... too much lack of transparency ..... the same applies to NRF but the decision is tougher due to the dividend.

  • Reply to

    Share Repurchase

    by mshsog Apr 20, 2015 8:30 AM
    rogluther rogluther Apr 20, 2015 12:21 PM Flag

    Take a look at the NRF board with regard to "thoughts" on this subject.

  • Reply to

    Nsam

    by ruswise Apr 20, 2015 8:19 AM
    rogluther rogluther Apr 20, 2015 12:10 PM Flag

    Hey idjut_know_nothing.

    You and DAR are correct IMO regarding possible ACTUAL buy-backs.

    The lemmings on the board probably rubber stamped this decision so Hamo could have a "hammer" for when its needed.
    But ..... why would he need it?

    Ruswise is also correct that going into further debt regardless of how they do it (credit line or otherwise) is just plain stupid!

    Dar .... "another management blunder" ..... are you seeing a trend?

    I'm getting very jealous ...... I only wish I were clever enough to build an ongoing successful empire based on debt.

  • Reply to

    Nsam

    by ruswise Apr 20, 2015 8:19 AM
    rogluther rogluther Apr 20, 2015 9:38 AM Flag

    Bingo ..... thumbs up to you.

    Hmmm ...... you're saying they'll have to raise cash in addition to that needed for the Holiday deal.

    But .... won't a stable or increasing share price benefit all potential sellers ...... including insiders?

  • Reply to

    Nsam

    by ruswise Apr 20, 2015 8:19 AM
    rogluther rogluther Apr 20, 2015 9:04 AM Flag

    Hey Ruswise

    Let's ALL do a little brainstorming about ..... WHY ..... NSAM would do a buy back other than trying to maintain or raise share price for us.

    I'll start ..... they have no better place to spend our money.

    Your turn ...... and please believe me when I say, I'm not trying to trap you.

    Roger

  • Reply to

    Holiday deal

    by dar200 Apr 14, 2015 5:11 PM
    rogluther rogluther Apr 20, 2015 8:44 AM Flag

    Sorry ..... this is the only way I could get the deleted portion of my Holiday Deep Dive reposted.

  • Reply to

    Holiday deal

    by dar200 Apr 14, 2015 5:11 PM
    rogluther rogluther Apr 20, 2015 8:20 AM Flag

    Although I always enjoy it ..... enough playing around you old f a r t.

    First ..... you intimate that I said that 117 - 4 = 114 .... where's your proof?

    Second ..... NRF/NSAM will own this disaster.

    Third ..... don't you think that Hamo and the boys have, or are go going through, this type of analysis ..... I hope so?

    Fourth ..... IF ..... the proposed purchase represents facilities SIMILAR to the one I visited, my analysis says the average monthly rent per occupied unit (at 90%) will have to be in the range of $3500 to $3750 to have any chance of breaking even ..... and that ain't going to happen given unit size mix per facility and the maximum asking price for the facility I visited.

    So ..... should we hope the sellers were not accurate with info provided so Hamo can back-out without losing 35 to 52.5 M in escrow or that the proposed investment is for "golden" facilities that are hemorrhaging money and if so, why would Fortress sell them? Is Hamo that much smarter than Fortress?

    Why don't you take your canoe off that little island and attend the shareholder meeting where you can bring up this question and our concerns about executive compensation? I'd attend with you but my DC3 is in for service and I never fly commercial.

    Lastly ..... IF WE ASSUME Hamo "walks on water" what's his game? Turn part of Independent into assisted? Charge very high initial fees? Increase leverage/debt?

  • Reply to

    Holiday Deep Dive Continued

    by rogluther Apr 18, 2015 2:37 PM
    rogluther rogluther Apr 19, 2015 3:07 PM Flag

    Looks like someone doesn't want the first part of the dive to be viewed. It's been lost now three times after MANY active hours ..... could that be? I even removed all reference names .... I'll try another tack

  • Reply to

    Holiday deal

    by dar200 Apr 14, 2015 5:11 PM
    rogluther rogluther Apr 18, 2015 7:57 PM Flag

    To be fair ..... I know I'm being vague and maybe a little misleading as it concerns interest. Take another look and then calculate total amount required to repay the loan with interest over 10 years at 4%.

    I think you might also want to use a 656 M base loan amount ( 75%) since I believe NSAM owns the other 40%.

    But, maybe I'm wrong.

    Roger

  • Reply to

    Holiday deal

    by dar200 Apr 14, 2015 5:11 PM
    rogluther rogluther Apr 18, 2015 7:08 PM Flag

    Ummm ..... DAR

    I hate to bring this up but could you re-check your math.

    Question ..... who owns the other 40%? And, I just can't get head around how NRF can repay a 393.75 M 4% loan in 10 years at a rate of 15.75M per year ..... but, maybe my figgerin' ain't so good.

    I'm sure that I'm doing something wrong ..... or maybe not.

    Then there is the question of potential monthly rental per unit which I'm getting very tempted to address.

    Best of luck ..... Roger

SCCO
32.64-0.50(-1.51%)May 4 4:00 PMEDT