SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (28676)10/25/2007 12:04:03 AM
From: Spekulatius  Read Replies (3) of 78732
 
Went on a shopping spree today: BAC, CIT, WF, NBR, HPT. Sold some ITG. Decided to boost financial exposure again. Most of those I have sold off for higher prices a couple of weeks ago.

CPX earnings were a penny below estimates. Not as bad as expected but stock appears to sell off. they were roughly FCF neutral this quarter which is at least some progress relative to the situation before when they had negative FCF due to heavy Capex. For CPX as well as for most other drillers Capex should fall and those companies should turn in strong FCF numbers next year when Capex falls below depreciation.
from the drillers I bought some NBR today because I like the international business. Altogether my exposure to NG is still moderate and i do not own any oil play - this space appears too topsy to me.

I am looking at cable play TWC, which trades at a 15-20% discount to CMSCA. Safe cash flows but growth concerns due to increased competition (FIOS, satellite). Those are not really that new but cropping up again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News