Updownbuysell, please calm down and breathe.
Agreed. BHI is still a solid 25% arb play from here. Good stuff. Also agree on the fear premium not being there yet. As soon as the link between the bomb in the Russian commercial jet is confirmed, watch Putin's reaction. If he actually extends his bombing campaign to ISIS targets, things are going to get amped from there. If the Russians ever hit a pipeline or refinery in ISIS-held northern Iraq, then it gets really interesting.
The note offering is done on Nov. 13th, a week from today. This is a done deal my friend. If you shorted, you may want to consider a covered call before December-ending. JMHO
BHI in the 50's this a.m. is Christmas early. Went shopping early and grabbed another 1k shares. Thank you again Jefferies and cohorts.
Oh I'm sure some of their institutional investors are well aware of the situation. The situation is annoying and disappointing, but not hopeless. There are still opportunities to grab market share, if management can get it together. Perhaps management should now seriously consider utilizing the blue print that P&G did (and usually does) in its divestment to Coty.
Regulatory worries, especially ones based on antitrust concerns, are mitigted. The current low pps for BHI is just a last and fading opportunity for the big boys to pile on the accumulation while they still can at this discounted price. And why not, at this price point it's about a 25% discount. JMHO
GE will be loaded with cash once they complete their divestment from financials, which means they will not be done o acquisition front anytime soon. GE's move into O&G as the industry heads towards greater integration between industrials & I.T., is fortuitous timing. There is a great need for better analytics in the energy sector, and field-sourced data is the buzz. Anything not yet running on sensors, will be within a decade!
Calm down big guy, no need to soil your pants. O&G is just going through a cycle, filled with M&A consolidation. There is going to be serious money made for the patient and insightful.
Besides not giving Lt. Dan a promotion just yet, his investing moves with that blossoming fruit company was a pretty good one. BHI at $53 is a gift. It implies a HAL pricing at $30 & change, post-close. We all know that won't be the case; so there is some serious discounting going on at the moment. Carpe Diem...and get that shrimp son! BHI-HAL is a double bagger once oil goes and stays above $60 again.
Wouldn't be surprised to see disruptions in Venezuela, perhaps even a regime change, by year-end. This would take a big chunk of that production off the market and cause some pricing disruptions at least in the short term. Valero would also feel a little pinch in its refining operations in TX.