has beneficial ownership of 370,498 shares*
* Consisting of: (i) 97,634 shares of common stock; (ii) 5,273 shares of common stock underlying Series I Warrants; (iii) 688 shares of common stock underlying Series K Warrants; and (iv) 266,903 shares of common stock underlying currently exercisable stock options.
Scott B. Seaman (2)
841,742 (3) 3.01 %
Neil K. Warma
370,498 (4) 1.33 %
126,743 (5) *
Donna R. Rill
116,656 (6) *
Michael S. Richman
85,335 (7) *
Gail J. Maderis
55,681 (8) *
14,600 (9) *
10,729 (10) *
We have a positive view of PPL's capita spending program, which totals $19.1 billion from 2014 through 2018. We expect the spending to drive regulated rate base growth of about 6.7% annually over that period. We have a fa-vorable view of PPL's proposed spinoff and merger, pending approvals, of its unregulated generation assets with assets from a private equity firm. We believe that both the new company and PPL will be able to generate savings. PPL would also transform into a wholly regulated utility holding company
GNW can not design a profitable line of long-term policies. Greedy lawyers and short-term traders and unimaginative investors should not set the agenda for successful investing.
Aug 26/14 Aug 26/14 Evans, Derek Watson ...5,000
Aug 25/14 Aug 21/14 Evans, Derek Watson ... 10,000
Aug 21/14 Aug 20/14 Grasby, Andrew David ...1,600
Aug 21/14 Aug 20/14 Grasby, Andrew David.. 400
Aug 21/14 Aug 19/14 Evans, Derek Watson ..2,000
Aug 12/14 Aug 11/14 Evans, David Dean....166
Aug 12/14 Aug 11/14 Evans, David Dean... . 10,000
Aug 11/14 Aug 11/14 Poole, Albert Terence ... 5,000
"Our strategy remains firm on generating premium returns to our shareholders through our cash
dividends, and increases in the dividend level can be expected as the Company continues to
grow and increases its cash flow. "
They are holding tightly as they should given the earnings and PSEC's continuing success.
Jeffrey Schoen and Steve Berliner are putting their own money into TIS stock. They are apparently acting on the idea stated in the latest quarterly report:
"We believe that the second quarter performance was an anomaly and a strong base of business has been established for the rest of the year that we expect will deliver record results in both sales and earnings for the second half of 2014. Moreover, the Fabrica strategic partnership and the on-going capital projects will increase our ability to produce higher quality grades of value and premium tier products to drive future sales, supporting our vision of being recognized as a national supplier of high quality consumer tissue products in the value, premium, and ultra-premium tier product categories."
CEO Richard Lee George owns 365,000 shares (50,000 bought at market price in March and April).
Insider John Byrdson owns 203,000 (100,000 bought at market price in June )
"Penn West wishes to emphasize that the review does not affect previously disclosed cash and debt balances or previously released 2014 production guidance. Neither does the review affect operations, strategy and anticipated growth going forward. Operationally, the enterprise continues to improve and we remain on track to deliver on our strategic long-term plan. "
"In the second quarter, Penn West drilled 10 (10 net) light oil wells with a success rate of 100 percent, eight (8.0 net) wells were drilled in the Viking and one each was drilled in the Cardium (1.0 net) and the Slave Point (1.0 net)."
"Penn West's second quarter 2014 average production of 108,130 boe per day (64 percent oil and liquids) includes 2,428 boe per day of adjustments resulting primarily from closing amendments on asset divestitures completed earlier in the year. Accordingly, second quarter production performance was 105,702 boe per day net of adjustments. "
Term insurance is not "permanent insurance.". It is purchased for 10, 20, or 30 years. If people want permanent insurance they need to purchase a whole life- type plan where the high initial premiums keep the later premiums level.
After hours it's selling for $15.94 or 48.7% of book value. It's now trading at a PE ratio of 11.8. which is 68% below the industry average.
Insiders apparently did buy shares directly and have not sold any this year.
May 16, 2014 REID MARTIN AOfficer 1,000 Direct Purchase at $7.67 per share.
Dec 11, 2013 REID MARTIN AOfficer 1,300 Direct Purchase at $7.61 per share.
Dec 11, 2013 KIANKA PHILIP LOfficer 6,500 Direct Purchase at $7.72 per share.
Dec 11, 2013 ORPHANIDES JAMES MDirector 11,000 Direct Purchase at $7.74 per share.
Dec 9, 2013 ORPHANIDES JAMES MDirector 5,000 Direct Purchase at $7.88 per share.
Dec 9, 2013 CUNEO JACK AOfficer 2,000 Direct Purchase at $7.94 per share.
Nov 21, 2013 ORPHANIDES JAMES MDirector 4,500 Direct Purchase at $8.14 per share.
Sep 5, 2013 SALVATORE LOUIS PDirector 10,000 Direct Purchase at $7.85 per share.
Aug 29, 2013 BLACK CHARLES EDirector 13,675 Direct Purchase at $7.29 per share.
these insiders own the following amount of shares:
CUNEO JACK A...573,739 shares
KIANKA PHILIP L...319,000 shares
REID MARTIN A...181,037 shares
ORPHANIDES JAMES M...140,022 shares
BLACK CHARLES E...54,485 shares
CEO provided a good summary of future prospects. My target price by the end of the year: :$25
It would be interesting to know if PFE management and the large investors in AZN have any communication.
What is really going on behind the scenes? One suspect that PFE investors are not going to benefit by this huge gift to the large investors of AZN (if the buyout takes place).