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Transocean Ltd. Message Board

rpschom 102 posts  |  Last Activity: Apr 23, 2015 3:44 PM Member since: Feb 5, 2009
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  • rpschom rpschom Apr 23, 2015 3:44 PM Flag

    Never said I didn't hedge, I hedge almost every investment. Irrelevant.
    My agenda and yours counts for squat (another american "phrase") compared to the institutions opinion and purchases on GNW.

  • rpschom rpschom Apr 23, 2015 12:35 PM Flag

    Institutional buying controls the level of our SP. If they are "happy" with the quarter results and the decisions discussed at the CC, they should initiate positions or add to their positions. Positive momentum and upgrades will follow as a carry through and SP will rise.

    The "fraze" (phrase) has been valid numerous times in the past----and so has it's contrarian side.
    GL

    Sentiment: Strong Buy

  • rpschom rpschom Apr 23, 2015 11:43 AM Flag

    Possible but the real news at the CC will be about potential restructuring divisions and sales.
    The street or market will deem this more positive for our SP than a beat of earrings by a few cents, IMO.
    If the institutions are happy we should be happy.
    GL

    Sentiment: Strong Buy

  • Reply to

    Goldman

    by greystone_maker Apr 23, 2015 8:26 AM
    rpschom rpschom Apr 23, 2015 11:37 AM Flag

    Agree. IMO, our very well paid politicians (government---Republicans and Democrats)) know fully well what GS MS JPM BAC C WFC and some other heavy hitter "too big too fail" institutions actually do to corporations and ultimately fleece retail citizens and taxpayers. They allow the laws, pass the legislation and turn a blind eye ----including the SEC---because of the all important lobby money. It motivates and is the real and only reason they fight to be in political office. This is why GS and others donate very heavy to both political parties and maintains a constant presence in DC with the key committees and law makers. Several of the big hedge funds do the same.

    Personally, when I see a Goldman (they are the worst, IMO) "upgrade", I usually have a negative emotion. It usually means they are short and are swaying the public investors to buy----- for their benefit.
    GL

    Sentiment: Strong Buy

  • rpschom rpschom Apr 22, 2015 1:26 PM Flag

    "Comicguy", my kids face will "break out" more as of late, than this stock. :-)
    Hope you are right however.

  • rpschom by rpschom Apr 22, 2015 1:16 PM Flag

    Raises price target to 102 dollars from 100 dollars.
    Rating: Hold

    Let the stock buybacks resume.

    Sentiment: Strong Buy

  • rpschom rpschom Apr 22, 2015 11:05 AM Flag

    Agree, feel the same. He inherited most of these problems from their prior sales and insufficiencies. He really just didn't handle the LTC capital losses in the best manner to the shareholders , as he is well aware.
    At this juncture and with how the market negatively reacted to GNW's losses, ratings etc and the ensuing SP destruction, he is being forced to listen to the institutions and other key players that want SP improvement---sooner than later. In many ways though splitting GNW is long overdue to create shareholder value. We were hardly ever fairly valued to our peers because of the complexity in the multi divisions. I always saw them as strength personally but the institutions viewed them as a fault, especially if there was any poor results or poor earnings in any of the division. Hence the radical SP swings.
    I anticipate restructuring to try and put us favorably valued with the institutions moving forward. Hopefully.
    JMHO GL

  • Reply to

    April option premiums high on HIG...why?

    by joezapp86 Mar 26, 2015 12:59 PM
    rpschom rpschom Apr 22, 2015 9:27 AM Flag

    The short put trade before earnings on HIG, appeared to also be explicit for HIG, while the other insurance stocks or competitors that I check, had little similar action. Someone must have believed they knew something on HIG, IMO.
    So far, no traction for that trade but as we both have noticed post earnings on May 1, there are just average spreads with no slant for a major sell off. Those same traders must have been counting on a early miss notice--big time.
    Unless there is a major total market and financial sector sell off------followed by a HIG terrible earnings quarter release we appear in the ballgame for our levels, IMO.
    Agree, I also am definitely very interested for this quarter's release and CC.
    GL

    Sentiment: Strong Buy

  • rpschom rpschom Apr 22, 2015 8:21 AM Flag

    Well said, agree. What is also helping the "short hand" is new long positions are waiting to enter/buy for the quarter earnings release and even more so for the CC and probable restructuring of GNW.
    With fewer long buyers, the hedge fund shorts can easily actively trade this intra day to drive price down. There are also many stops from recent purchases sine the high 6's, since the unknowns and questions still exist, until after the CC.
    The shareholder voting is active presently and it should be interesting, IMO. The large institutional voters of course hold the major sway and I believe they will side with status quo, since I am sure they have been told change is coming. Never know however, with SP levels at these zones and falling there is great dissatisfaction and there could very well be many votes for a clean sweep----- to send a message of their discontent.
    Cheers

    Sentiment: Strong Buy

  • Reply to

    Did you know?

    by stockgambler Apr 21, 2015 12:53 PM
    rpschom rpschom Apr 21, 2015 4:07 PM Flag

    Absolutely. That is why the big boys worked so hard today to try and free up all loose long hands (shares).
    No accident, they have a small window of opportunity to short before the buy back program begins.
    Our little guy opportunity too.

    GL.

    Sentiment: Strong Buy

  • Reply to

    Travelers posted earnings beat

    by greystone_maker Apr 21, 2015 7:16 AM
    rpschom rpschom Apr 21, 2015 12:38 PM Flag

    Good observation and comparison Grey.
    Perhaps it stems from the meltdown days and HIG's potential massive liabilities from annuities and their ensuing complete collapse of SP at that time. TRV appeared and became more of the "Gold" standard while here at HIG, we are fighting back to respect. Just a thought.
    On a positive note, for an equal comparison and thinking positive---we have a long way to rise in SP in the future.
    GL

    Sentiment: Strong Buy

  • rpschom rpschom Apr 21, 2015 12:11 PM Flag

    My two cents. The way I view GNW presently is that they are far skewed towards the negative side to the bell curve (management performance, SP% to BV, fundamental divisional organization, ratings, debt, unforeseen and irresponsible massive capital loss, accounting insufficiences etc) in relation to most other insurance corporations or basically their peers and competition. It is not unnoticed nor is their long and troubled history since the meltdown. They are "off the reservation" shall we say.

    The market or street is forcing them IMO to produce a better plan by these deleterious SP levels. As we know our SP is controlled by the institutions--- if they are unhappy, we retail will also be unhappy. Sooner or later the BOD's will be unhappy and of course the ensuing CEO. They will need to act and implement a plan to return SP value and to correct all the above.

    Sure Mr McInerney can kick the can down the road if he desires ( he also knows what will happen to SP) but from our present knowledge with the potential sale of the Life division with old Goldman for help, it is somewhat clear he is in the change MO. Long overdue IMO and now the questions remain as to the "what and how and able" at the CC. Hopefully anyway and all IMO.
    Cheers to you and all longs

    Sentiment: Strong Buy

  • Reply to

    April option premiums high on HIG...why?

    by joezapp86 Mar 26, 2015 12:59 PM
    rpschom rpschom Apr 21, 2015 10:58 AM Flag

    Same to you, Joe and James. Interesting scenarios, thanks for the great discourse---what these message boards are intended.

    Judging by TRV quarter results this morning (a canary in the coal mine), we might look to trade somewhat down to sideways post earnings. Provided of course, the results are comparable and there are no new "fundamental" disappointments (hope not). Sale of the 32 puts looks good.

    Cheers and GL

    Sentiment: Strong Buy

  • Beats by .03, adds stock buyback of 5 billion and increase dividend 11%.
    Miss on revs will cause a momentary SP dip IMO.
    GLTAL

    Sentiment: Strong Buy

  • Reply to

    Sleek Money Summary

    by rpschom Apr 18, 2015 9:30 AM
    rpschom rpschom Apr 20, 2015 9:56 AM Flag

    They will do the same MO as what they have done since the melt down days (over and over), IMO.
    Sell part or all of a profitable division, hopefully one they actually can sell at top dollar and apply that capital to one of their perpetual insufficiencies. Always another major pothole they come across that causes and requires massive repair.
    All eyes and ears will be on the CC, from McInerney---- for restructuring or his game plan.
    Really big question is IF the institutions buy and hold into GNW's future this time----or just wait to see if there are positive long term results down the road. There are certainly many unknowns presently in GNW, as have been previously discussed. There are also many other insurance companies that have successfully sorted out their problems and been returning dividends with share buy back programs.
    Sure we are cheap by BV comparisons but that obviously is no guarantee for future SP performance.

  • Reply to

    Sleek Money Summary

    by rpschom Apr 18, 2015 9:30 AM
    rpschom rpschom Apr 18, 2015 9:31 AM Flag

    During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up .5% on a year-over-year basis. Analysts expect that Genworth Financial will post $1.02 EPS for the current fiscal year.

    Genworth Financial, Inc (NYSE:GNW) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries.

  • Genworth Financial (NYSE:GNW) has been given an average rating of “Hold” by the twelve brokerages that are currently covering the company, Stock Ratings Network reports. Three investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $11.56.

    Several analysts have recently commented on the stock. Analysts at BTIG Research reiterated a “buy” rating and set a $15.00 price target on shares of Genworth Financial in a research note on Monday, April 6th. Analysts at Zacks reiterated a “strong sell” rating on shares of Genworth Financial in a research note on Monday, March 30th. Analysts at Raymond James upgraded shares of Genworth Financial from an “outperform” rating to a “strong-buy” rating and set a $12.00 price target on the stock in a research note on Monday, March 23rd. They noted that the move was a valuation call. Finally, analysts at Keefe, Bruyette & Woods lowered their price target on shares of Genworth Financial from $10.00 to $9.50 and set a “market perform” rating on the stock in a research note on Friday, February 20th.

    Genworth Financial (NYSE:GNW) traded down 0.13% on Tuesday, hitting $7.98. 2,018,053 shares of the company’s stock traded hands. Genworth Financial has a 52 week low of $6.75 and a 52 week high of $18.74. The stock has a 50-day moving average of $7. and a 200-day moving average of $9.. The company’s market cap is $3.97 billion.

    Genworth Financial (NYSE:GNW) last posted its quarterly earnings results on Tuesday, February 10th. The company reported ($0.84) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.81. The company had revenue of $2.42 billion

    Sentiment: Strong Buy

  • Reply to

    What's with the volume?

    by arman12321232 Apr 14, 2015 3:01 PM
    rpschom rpschom Apr 14, 2015 4:17 PM Flag

    The long funds that have already entered a position are holding their shares, at least until after earnings and possible restructuring.
    For the time being, other possible new institutions are waiting until after quarter results before they make a commitment, hence the tepid buying.
    Short positions are holding their short since there is no present reason to cover and there is nothing forcing a squeeze.
    We are in a stand off----for now.

    Sentiment: Strong Buy

  • Reply to

    April option premiums high on HIG...why?

    by joezapp86 Mar 26, 2015 12:59 PM
    rpschom rpschom Apr 14, 2015 12:09 PM Flag

    Thanks much for the information and posts James and Joe, very appreciated.
    The way and time this put trade is being played, it is for some sort of pre announcement or negative fundamental information released prior to earnings. Always possible it is a large individual but most likely a hedge fund or likely one of the "big banks" that has some trickle down or collateral knowledge from a related sours, IMO----or so they think. It certainly would not be anything we as small retail would already be privy to or the cat would already be out of the bag, Though it is a great deal of capital, trump change for these players and it has a huge risk/reward opportunity. They are also risking far less capital, than if they were shorting the common stock on HIG. As we know, a productive and good short position is almost always taken in advance when all looks great and the water is calm. They are well prepared for a gap down and a sell off--- every week for several weeks.

    All looks good to me, which makes me worry, lol
    Cheers

    Sentiment: Strong Buy

  • rpschom by rpschom Apr 14, 2015 9:17 AM Flag

    Raises price target of CNO to 19 dollars from 18 dollars.

    Sentiment: Strong Buy

RIG
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