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General Motors Company Message Board

supor450 109 posts  |  Last Activity: Mar 20, 2015 4:16 PM Member since: Apr 21, 2008
  • Reply to

    Conference Call

    by aimme220 Mar 19, 2015 12:22 PM
    supor450 supor450 Mar 20, 2015 4:16 PM Flag

    Google the article title---author of the article published in Investing Daily

  • Reply to

    Bond traders view

    by oilyman24 Mar 20, 2015 9:43 AM
    supor450 supor450 Mar 20, 2015 12:11 PM Flag

    "More typical is a company buying back their own discounted bonds which they would do through a foreign sub and hold as "investments"."

    Does KWK or its subs have the cash to buy in any significant amounts?

  • Reply to

    Time for a reality check

    by gpd8252 Mar 13, 2015 1:46 PM
    supor450 supor450 Mar 13, 2015 2:20 PM Flag

    "This is not Armageddon, this is a rebalance of supply and demand, similar to 2011 and 2013..............The difference this time around is the value of the dollar. The dollar has gained significantly against foreign currencies so don't blame SA, blame the FED."

    I agree.

    Strong dollar is generally good as the US economy is more import than export dependent; but, the dollar is FAR too strong, causing collateral damage such as what we're seeing in the energy sector.

    Any increase in interest rates will simply further push up the dollar and exacerbate problems. This is a very powerful argument for our Fed to maintain its low interest rate policies, and also suggests another round of QE may be coming. The USA can't be the odd man out in the context of global central bank interest rate policies, without further upward pressure on the USD and collateral damage to the US economy.

  • supor450 supor450 Mar 12, 2015 7:33 PM Flag

    Not familiar with that case.

    What was the SEC's findings and actions?

  • supor450 supor450 Mar 12, 2015 6:29 PM Flag

    "Go research and see what the SEC investigated Ackman for in the Gothem days."

    There was a book written on this---Ackman was put through the wringer by the SEC (which was egged on by the credit rating agencies that Ackman was slamming), but he was eventually cleared on all charges. And, he got the last word---earned $billions on his mortgage securities credit default swaps.

    Like him or hate him, one thing is for sure--he does extraordinary research on his targets.

  • supor450 supor450 Mar 12, 2015 6:16 PM Flag

    I'm in similar situation, though with only 4 lines and 15+ years.

    The basic problem, as I see it, is that VZ just doesn't care enough to take appropriate action to retain this small business customer. After I leave, then it'll spend a small fortune on marketing to get me back. It really is amazing from a business perspective (it costs a lot less to keep a customer than to find a new one)---and insane.

    Ok, I'm moving to T.

    I've also learned to NEVER, EVER sign up for "free" phones and the mandatory 2 year contract. There's no free lunch.

    It's far smarter to bring your own phone and go with a month-month contract. The ability to change carriers on a whim keeps the carriers honest and focused on the customer.

  • Reply to

    M&A

    by k.bauer5124 Mar 11, 2015 10:23 AM
    supor450 supor450 Mar 12, 2015 4:59 PM Flag

    Both cash and know how is required for a successful jv.

    There's A LOT of cash competing for the best opportunities.

    Don't minimize the importance of what LINE brings to the table.

  • Reply to

    vz is best for a reason, and the reason is

    by boston215 Mar 12, 2015 11:29 AM
    supor450 supor450 Mar 12, 2015 4:14 PM Flag

    "AT&T rules."

    I'm not promoting AT&T or any carrier.

    As far as I'm concerned, these companies have all gotten far too large, rich, lazy and stupid. The CEO is to far removed from his average paying customer to understand their concerns.

    When any firm forgets to respect its customers--it is on thin ice.

  • Reply to

    vz is best for a reason, and the reason is

    by boston215 Mar 12, 2015 11:29 AM
    supor450 supor450 Mar 12, 2015 3:23 PM Flag

    I understand that VZ doesn't want to talk rate reduction.

    They'll argue the superiority of their network. They may have superior networks in boondock areas. Where I am in SoCal, all major carriers have comparable networks and reliability and this distinction just doesn't make a practical difference.

    However, the pricing competition isn't something that VZ management can just ignore---customers like me WILL walk away when the monthly price differentials are so great.

    I stand to save ~ $100/month on my small business account (4 lines + broadband). This is $1.2k/year, $12k over 10 years savings. Too large to ignore.

    Even so, it's not the pricing that's my greatest sore point. It's VZ's utterly arrogant take it or leave it attitude.

    I'm gonna leave.

  • Reply to

    vz is best for a reason, and the reason is

    by boston215 Mar 12, 2015 11:29 AM
    supor450 supor450 Mar 12, 2015 3:14 PM Flag

    "the best, most coherent, disciplined management team."

    Frankly, I don't know about this.

    As a very long time VZ customer (15 years++), all I know is that customer service is sorely lacking.

    The latest example: I call to ask whether they might reduce the monthly bill amount of my business account, because AT&T is offering a similar bundle for $100 less per month. I get the run around from VZ rep, including lies that AT&T's network has 30% call drop rates, and he finally tells me that only marketing has the ability to re-examine my rates.

    More run around before I'm given that marketing rep's name & number. I call the guy, more run around about him needing time to review my package and that he'll followup with me----never heard back from him.

    Bottom line: VZ is willing to let a rich, business account walk away after 15+ years. I'm pretty sure that a few weeks after I cancel my contract, the solicitations from VZ to return will come flooding in---offering me the discount that they refused to provide up front!

    It's insane.

    Businesses fail one customer at a time....

  • Reply to

    M&A

    by k.bauer5124 Mar 11, 2015 10:23 AM
    supor450 supor450 Mar 12, 2015 1:43 PM Flag

    Linn has already made it crystal clear that they will be a buyer: AquisitionCo.

    The idea is to use a partner's deep pockets for capital, while LINE provides the operating expertise. Ownership is initially weighted towards the partner(s), then shift over time to LINE/LNCO.

    Being the largest independent upstream company, I believe LINE has the clout/heft to make this model work.

  • Reply to

    Q4FY14 earnings not out yet ,3/11/15?

    by supor450 Mar 11, 2015 7:54 PM
    supor450 supor450 Mar 12, 2015 11:53 AM Flag

    Yes, very good cost controls. One of the few firms to have a strong balance sheet.

    They're budgeting $10MM CapEx beyond the existing targeted investments to capture opportunities as they arise.

    My guess is the share buy backs will continue as prices warrant.

  • Scheduled for after close of trading today.

    Not the most shareholder friendly firm.

  • Reply to

    Line

    by garrh Mar 11, 2015 1:32 PM
    supor450 supor450 Mar 11, 2015 2:04 PM Flag

    Exactly. This is how I see it.

  • Reply to

    What's the good word?

    by fracemifyougotthem Mar 6, 2015 9:02 AM
    supor450 supor450 Mar 6, 2015 4:51 PM Flag

    ???

    Firstly, the 2016s and 2019s are trading at less than 10 cents.

    As a matter of law, if a debt/bond is not satisfied at PAR VALUE + accrued interest, the bond holders become new equity owners.

  • Reply to

    What's the good word?

    by fracemifyougotthem Mar 6, 2015 9:02 AM
    supor450 supor450 Mar 6, 2015 4:16 PM Flag

    For current shareholders to retain any equity at all in any reorganization, assets must be greater than liabilities (~ $2BB)

    The current industry wide depressed conditions seems to be a huge problem for asset valuations.

    Do you think there are $2BB+ in asset values--and, why?

  • Reply to

    Breaking News

    by saldon63 Mar 3, 2015 6:53 PM
    supor450 supor450 Mar 3, 2015 7:22 PM Flag

    Were these wells acquired last year from XOM?

    If so, potential recourse for damages/lack of disclosure?

  • Reply to

    Oil pro Andy Hall: Next move will surprise

    by supor450 Mar 3, 2015 5:53 PM
    supor450 supor450 Mar 3, 2015 6:03 PM Flag

    If I owned oil reserves and faced low pricing environment, I'd want to keep my inventory/assets in the ground and wait for a market recovery, rather than deplete my inventory at fire-sale prices. A race to the bottom just doesn't make any business sense.

  • Reply to

    Oil pro Andy Hall: Next move will surprise

    by supor450 Mar 3, 2015 5:53 PM
    supor450 supor450 Mar 3, 2015 5:56 PM Flag

    ""We suspect their projection of current prices into the future will again be frustrated by the market."

    Yes, there's a human tendency/bias to extrapolate the current into the future.

    Yes, the market tends to throw curve balls.

  • Ok, to give equal time to the other side--listen to this video interview on CNBC.

    "Oil trader Andy Hall has closed out his bearish bets on oil and is predicting a price recovery in crude sooner than many analysts expect."

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