The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. |
 | | 
08-11-2011, 11:48 AM
|
#4926 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
Those guys on SH get hyped over sometimes.
NPV is $2.8 billion based on 07 numbers. Yes 25% would be in range of $2 bucks or so.
But do you think CUU will let Teck keep the entire Schaft Creek for a $200 million (75%) + (assumed buy out of $2.33 x 370 million shares) = $862 million. So for a NPV value of $2.8 billion is bought for $1.062 billion? I think CUU might say I'll keep our 25% instead and you can just go on and build/finance the mine for us.
IMO, I think Teck will buy CUU out with a premium within the NPV of the mine. Definitely more than $2.33.
Plus ppl like on SH is like omg..we have so and so of Moly that's extra of x amount of billions divide that by shares.. it's like are you stupid? they are evaluating the entire mining value of SC like they can mine it right now. They don't even consider present value/future value.
| 
|  | |
08-11-2011, 12:47 PM
|
#4927 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
so who's ready for another 500 pt drop tomorrow? anyone?  :
| |
| | |
08-11-2011, 12:56 PM
|
#4928 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
|
Woah DOW up more than 500? Did we kill Gaddafi and Assad today? lol
| |
| | |
08-11-2011, 01:08 PM
|
#4929 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
I hope you all have made some good hooker & blow money this past week was a blessing really but was def. scary
| |
| | |
08-11-2011, 02:59 PM
|
#4930 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
|
i'm just shocked people would be posting numbers like that when it has been proven numerous times the SP is worth way more
| |
| | |
08-11-2011, 03:51 PM
|
#4931 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
| Quote:
Originally Posted by strykn  so who's ready for another 500 pt drop tomorrow? anyone? : | Up...down...up...down...  Don't know when to buy in again...
| |
| | |
08-11-2011, 04:05 PM
|
#4932 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
|
During times like these, huge movements in either direction, straddles on SPY payoff nicely
| |
| | |
08-11-2011, 05:54 PM
|
#4933 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
| | |
| | |
08-11-2011, 11:06 PM
|
#4934 | | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: In your head
Posts: 4,591
Thanked 376 Times in 176 Posts
Failed 11 Times in 9 Posts
|
Long idea for the day - imax.
I think the stock has been beaten down because of a weak 1h2011 movie lineup. Take a look at their theatre backlog (close to 300) and the blockbuster hits coming online for 2012. Also take into account their international expansion in China, Singapore, Russia and India and the fact that average theatre revenues are higher internationally and overseas.
2012 could be a huge year for them based on theatre expansion (30% est.) and higher box office revenues. Based on that, EBITDA 2011-2012 will almost double.
Oh and did I mention it's trading at a far lower P/E than its peers?
| |
| | |
08-12-2011, 10:16 AM
|
#4935 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
| Quote:
Originally Posted by shawnly1000 During times like these, huge movements in either direction, straddles on SPY payoff nicely | Noob question but what's SPY? SPY:SPDR S&P 500 ETF?
| |
| | |
08-12-2011, 11:33 AM
|
#4936 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
|
It's the ETF that tracks/mirrors the S&P 500
| |
| | |
08-14-2011, 12:03 PM
|
#4937 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
| | |
| | |
08-14-2011, 08:17 PM
|
#4938 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
|
Japan's GDP came in better than expected for Q2 - if we don't hear anything negative, i'd imagine tomorrow should erase last week's losses, as ppl will realize that all the doom & gloom isn't as bad as what was priced in over the last 2 weeks
although europe has a tendancy to mess us around
| |
| | |
08-14-2011, 09:26 PM
|
#4939 | | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: In your head
Posts: 4,591
Thanked 376 Times in 176 Posts
Failed 11 Times in 9 Posts
|
ok i know it's been hashed, but someone please point out to me something I'm not seeing.
RIMM trades at a PE of 4 (3 if you back out their cash reserve)
Nokia trades at a PE of 11.
Nokia is FAR more fucked than RIMM is, yet everyone is betting that RIMM is going to die?
I mean yes, they're bleeding to aapl and android, but 3x. Really? They're being priced like they'd lose 1/3 of their revenues YoY yet the data shows that they increased topline by 5%.
Huzzah? Value trap?
| |
| | |
08-15-2011, 12:21 AM
|
#4940 | | My name is PJ and I like dogs.
Join Date: Aug 2010 Location: Vancity/Toronto
Posts: 3,180
Thanked 1,683 Times in 532 Posts
Failed 26 Times in 20 Posts
| Quote:
Originally Posted by DaFonz Long idea for the day - imax. | Twilight coming out soon.
__________________ Studies show 100% of people die.. Might as well have some fun.
Hello my name is PJ. Buy/Sell Feedback 1-0-0 | |
| | |
08-15-2011, 02:09 AM
|
#4941 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
|
Look's like INT is coming back up for a second run? Doubt it will hit its' earlier highs, but good for a flip.
| |
| | |
08-15-2011, 08:15 AM
|
#4942 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
| Quote:
Originally Posted by DaFonz ok i know it's been hashed, but someone please point out to me something I'm not seeing.
RIMM trades at a PE of 4 (3 if you back out their cash reserve)
Nokia trades at a PE of 11.
Nokia is FAR more fucked than RIMM is, yet everyone is betting that RIMM is going to die?
I mean yes, they're bleeding to aapl and android, but 3x. Really? They're being priced like they'd lose 1/3 of their revenues YoY yet the data shows that they increased topline by 5%.
Huzzah? Value trap? | yeah I think RIMM is a value buy but I don't have enough cash right now to do so.
| |
| | |
08-15-2011, 08:35 AM
|
#4943 | | My name is PJ and I like dogs.
Join Date: Aug 2010 Location: Vancity/Toronto
Posts: 3,180
Thanked 1,683 Times in 532 Posts
Failed 26 Times in 20 Posts
| Quote:
Originally Posted by DaFonz ok i know it's been hashed, but someone please point out to me something I'm not seeing.
RIMM trades at a PE of 4 (3 if you back out their cash reserve)
Nokia trades at a PE of 11.
Nokia is FAR more fucked than RIMM is, yet everyone is betting that RIMM is going to die?
I mean yes, they're bleeding to aapl and android, but 3x. Really? They're being priced like they'd lose 1/3 of their revenues YoY yet the data shows that they increased topline by 5%.
Huzzah? Value trap? | Nokia buyers are buying in volume for a flip maybe.
__________________ Studies show 100% of people die.. Might as well have some fun.
Hello my name is PJ. Buy/Sell Feedback 1-0-0 | |
| | |
08-15-2011, 08:43 AM
|
#4944 | | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: In your head
Posts: 4,591
Thanked 376 Times in 176 Posts
Failed 11 Times in 9 Posts
|
Interesting times in the mobile space with Googles acquisition of motorola...
| |
| | |
08-15-2011, 09:38 AM
|
#4945 | | HELP ME PLS!!!
Join Date: Dec 2009 Location: Canada
Posts: 5,647
Thanked 1,816 Times in 450 Posts
Failed 4,294,967,295 Times in 173 Posts
|
so i dont know stock one bit but willing to learn.
what do you guys suggest i do first ? should i be touching penny stock at all ?
i dont have much, only budget myself $1k to 1.5k max to play with.. is this a good starting budget ?
| |
| | |
08-15-2011, 09:52 AM
|
#4946 | | My name is PJ and I like dogs.
Join Date: Aug 2010 Location: Vancity/Toronto
Posts: 3,180
Thanked 1,683 Times in 532 Posts
Failed 26 Times in 20 Posts
| Quote:
Originally Posted by DaFonz Interesting times in the mobile space with Googles acquisition of motorola... | I just just barely made the rise. My god. Unbelievable.
__________________ Studies show 100% of people die.. Might as well have some fun.
Hello my name is PJ. Buy/Sell Feedback 1-0-0 | |
| | |
08-15-2011, 09:56 AM
|
#4947 | | My name is PJ and I like dogs.
Join Date: Aug 2010 Location: Vancity/Toronto
Posts: 3,180
Thanked 1,683 Times in 532 Posts
Failed 26 Times in 20 Posts
| Quote:
Originally Posted by Greenstoner so i dont know stock one bit but willing to learn.
what do you guys suggest i do first ? should i be touching penny stock at all ?
i dont have much, only budget myself $1k to 1.5k max to play with.. is this a good starting budget ? | Read, read, and read.
Everyone's opinions will be different for what to and what not to invest in. That's the beauty of economics. Really, the best thing to do is just research and educate yourself. Try a simulator and trade as if it were your own money. Learn by doing.
__________________ Studies show 100% of people die.. Might as well have some fun.
Hello my name is PJ. Buy/Sell Feedback 1-0-0
Last edited by PJ; 08-15-2011 at 10:01 AM.
| |
| | |
08-15-2011, 10:51 AM
|
#4948 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
was anyone holding MMI? :O
| |
| | |
08-15-2011, 10:58 AM
|
#4949 | | My name is PJ and I like dogs.
Join Date: Aug 2010 Location: Vancity/Toronto
Posts: 3,180
Thanked 1,683 Times in 532 Posts
Failed 26 Times in 20 Posts
|
I JUST caught it at 37 this morning. Pretty much missed the boat, but I'm gonna hang onto it.
Absolutely unbelievable.
__________________ Studies show 100% of people die.. Might as well have some fun.
Hello my name is PJ. Buy/Sell Feedback 1-0-0 | |
| | |
08-15-2011, 11:39 AM
|
#4950 | | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: In your head
Posts: 4,591
Thanked 376 Times in 176 Posts
Failed 11 Times in 9 Posts
| Quote:
Originally Posted by Impulse_x I JUST caught it at 37 this morning. Pretty much missed the boat, but I'm gonna hang onto it.
Absolutely unbelievable. | It's a pretty interesting merge-arb play. Cosing price of 40$ means a return of 5% in about 4 months.
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 09:28 AM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
