Share buyback at this price? The company needs to buy new locomotives and double track significant portions of the line to improve traffic flow.
Reverse split? What a waste of administrative costs.
I would rather see them call some of their 18 bond issues.
I hope with all my heart that you you are right. I realize that another set of locks will improve the flow of ships of the existing Panamax standard, if not the new standard. But if I were managing a ship-owning company, those locks will need to be nearly completed before I built ships to a new size that would be to large for Panamax and too small for Suezmax. Where can I find information on these new ships?
We will have to see if there will be a significant increase in Container revenue miles. I don't think it will that fast. Have you seen your gas bill drop significanly with all thenew gas wells? There are not enough pipelines.
New, bigger ships through the Panama Canal? There are not enough ships,
Retired - I agree that I don't think the widening of the Panama will be that significant. Container carloads may increase, which will make the weekly reports look better. But I believe that revenue miles will not increase as fast, if at all. That great haul of containers being interchanged at Chicago on their way to the New York city area will become either short hauls or go by truck. Many of the containers coming to Atlanta via BNSF through New Orleans will be coming in via Savannah, and depending on the value of the products it might be cost-justified to bring them by truck.
The truckers and the Teamster's union labor will likely have an easy time in preventing any major restrictions for over the road movements of containers.
Free trade agreements could add to traffic, but the Constitution states that Congress will need to agree to any free Trade Agreements........
This year is not over yet, the fat lady can still sing.
EOG is a good choice, but the organization is so big that growth would slow down significantly.
One rule that Warren Buffett (and it has 2 Ts) is he looks at ROE - Return on Equity. He bought Coca-Cola back when the ROE was 30, meaning that after all the necessary expenses 30% was left for dividends, share buyback or capital expenses.
WEN has an ROE of 2.3 - if your screen has spots on it, like mine, that is 2 POINT 3. Not a chance of his buying it.
You are talking over 2 years out. Tank cars would be still be needed to haul naphtha to Alberta to be mixed with the tar sands oil so that it would flow down the pipeline.
I am sure that the buyout price could be $2, maybe even $30. But the stock could very well be at these levels on their own within a year, if management can do well each and every quarter. Then there would be an even juicier offer. I would rather quadruple my money in a year than double my money in a couple of months.
Sentiment: Strong Buy
I have been a shareholder since at least 2003, directly or through my wife's account. This even though I am unhappy with the management. They seem to be more concerned with their creature comforts up in Connecticut, rather than reducing the tax burden by moving to a location with lower costs.
I recommended to one of the directors 3 years that headquarters be moved to Jacksonville where the cost of living would be one third of what it is in the Darien area, but I understand this did not go over very well.
Now I perceive that I was premature. When I see how much Burger King is saving by moving to Canada, I recommend that headquarters be moved to Ontario, not in Toronto, but an outlying area, like Hamilton. The corporate tax rate would be 15%, instead of 37%.
You could combine the accounting office that is currently in Rochester at the same time with headquarters, reducing costs..
Reading the editorial in the Wall Street Journal today about how much money Burger King is going to save by moving its Headquarters to Canada, maybe buying up the Kansas City Southern and moving its office to Canada is not such a bad idea. The Canadian 15% corporate rate is sure a lot better than the current 37% KCS is paying.
Since one arm of Trinity and the leases SOME of the cars to another arm, Trinity loses either way if the cars need upgrades. On the other hand, because of the demand for all kinds of tanks, and the major problem is petroleum in just one or two states, it is possible that the existing tank cars could be reasssigned - the cars for oil could be cleaned, new fittings put on and the tanklcars used for beef tallow or sulphur or sulfer, whichever is the spelling today. .
Poor Manny - I hope he did not sell all of his EOG. I hope he left at least a toe in the water because he is missing out on quite the run-up.
PLAZA, N.D.--(BUSINESS WIRE)-- Dakota Gold Transfer - Plaza, LLC (“Dakota Gold”) announced today that the company plans to develop a crude oil transload facility in Mountrail County, North Dakota. Strategically located on a 350-acre site in the eastern section of the prolific Bakken and Three Forks shale oil producing areas, the Plaza Terminal will provide refiners, marketers and producers with new options for reaching multiple markets across the United States and Canada via rail and pipeline.
Storage, Rail and Pipeline Service
Located on a private rail spur controlled by Dakota Gold under a long-term lease, the state-of-the-art terminal will be served by the Canadian Pacific Railway(CP) . The Plaza Terminal will aggregate crude oil produced in Mountrail and neighboring counties, utilizing gathering pipelines and trucks. The terminal will also provide crude oil storage services through on-site tankage. The rail facility will have a throughput capacity of 70,000 barrels per day (bpd) and storage capacity of more than 300,000 barrels, with expansion to 600,000 barrels during a planned second phase. The terminal’s design includes two loop tracks with storage for one to two additional trains on the private rail spur, a covered loading barn, a 14-arm system capable of loading a unit train in approximately 14 hours, 15 truck unloading bays and three 103,000-barrel storage tanks. The Plaza site is large enough to allow for substantial expansions of storage and transload capacity as customer demand increases.
Sentiment: Strong Buy