You had a move from the mid $9s to the low $11s, in what seemed to be in anticipation of an RC sale announcement. When the announcement was fairly benign, the rally faded and with no immediate good news coming off the earnings call, the stock fell further nearly back to where it started. Question is whether it finds support back in the mid-upper $9s or if it breaks lower.
MD - 841
Job listings - appears two of the sites Bart listed as "ready to go' but not operating are hiring. I saved the list he posted.
One new RC sale - just announced!
$1 share annual dividend & low LT cost basis for core holders will make it difficult for anyone(short/long) wanting to acquire shares in size w/o paying up markedly. No idea what the news is that folks are expecting here. If , however, ADES's financials are bullishly moved with any BD announcement, so too will their ability to increase dividend or to offer a special dividend as Heath has intimated. Additionally, their ability to add an accretive bolt-on acquisition or to further dress themselves up for sale will increase. Why sell & lock in a capital gain, lose your LT holding period with such improvements? News of this nature could further lock down share availability. Notice how deliberate this move from $9s has been-shares simply are not readily available.
some numbers....... assume that Tinuum leases or sells the remaining 13 idle RC units and they operate for 3 years. 60 million tons of coal a year. ADES would receive an additional $256 million and additional royalties of $44 million.
Current Facility Operator job postings for Tinuum:
Nice strong close. Even more volume would've been icing on the cake. their business is too hard to understand.
Nice day for us!
My number one priority with the earnings release & next conference call is to determine whether or not EC is growing at the rate that Heath guided. We all know that the RC business has an expiration date, I want to know if the company does, too, or if it has some sustainable business lines as well. It will be a very interesting to see if they've made any significant EC progress, or if they are fumbling like Tinuum has been.
IRS Rules (Again) That Taxpayers Are Not Entitled to Claimed Refined Coal Credits | Lexology
In a highly-anticipated Technical Advice Memorandum (TAM) dated March 23, 2017 and released on July 21, 2017, the Internal Revenue Service (IRS)…
Buy the rumor, sell the news
It's been fun everyone. sold my stake, I believe earnings/cc let's us down. best of luck to all, glad to see this move upward like we all believed it should. may buy in again later
"$9.40 area we may lever up to buyback more" This statement was made by Heath on Q1 CC. Just talk or does the company use cash for operations&divvy and also take on debt to buy back more $9.40 shares believing them to be significantly undervalued? Financially irresponsible or brilliant??
quick, someone tell skibare, the bus is finally getting read to leave... ;-D
ADES Advanced Emissions Solutions, Inc. - SharpChart from StockCharts.com
I see that the analyst are predicting Q2 earnings to be $0.65 ps. Curious as to Bart's and MD's swag. Also, I hope that IR does a better job (THEIR JOB) of explaining the earnings miss for Q1. Reporting a miss due to GAPP ($0.39 vs estimated $0.73) was not understood by most people reading the postings.
Assume everyone saw this already, but just in case you didn't .......... Advanced Emissions Solutions, Inc. ADES, +1.25% (the "Company" or "ADES") today announced the Company expects to release its second quarter 2017 financial results and file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2017 after market close on Monday, August 7, 2017. A conference call to discuss the Company's financial performance is scheduled to begin at 9:00 a.m. Eastern Time on Tuesday, August 8, 2017. The conference call webcast information will be available via the Investor Resources section of ADES's website at www.advancedemissionssolutions.com. Interested parties may also participate in the call by dialing: (833) 227-5845(Domestic) or (647) 689-4072 (International) conference ID 57992820. A supplemental investor presentation will be available on the Company's Investor Resources section of the website prior to the start of the conference call.
Short interest in ADES is now 1.6 million shares. Comments?