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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (2596)	3/4/2005 8:37:42 PM
From: quehubo	Respond to of 13449

PTEN is trading at 14 times 2006 earnings estimates. $35 is where I expect to sell my last shares.

To: chowder who wrote (2596)	3/4/2005 8:47:50 PM
From: amoezzi	Read Replies (1) \| Respond to of 13449

How about TKLC?

To: chowder who wrote (2596)	3/4/2005 10:03:59 PM
From: - with a K	Read Replies (2) \| Respond to of 13449

My long positions, based mainly on fundamentals but with some chart reading thrown in, FWIW. Dale Baker's CIB, Columbia's second largest bank, paying a 2.6% yield. Next year's EPS estimates up 62 cents in last 90 days. Yahoo poster claims it is in the #1 spot in IBD 100 list (?) Weekly show it near its 52W high on a strong steady move since Aug. OBV and MACD remain strong, and volume is good. stockcharts.com[h,a]waclyiay[pc21!d10,1!f][vc60][iut!Lg!Lah12,26,9]&pref=G VALUATION MEASURES Market Cap (intraday): 2.34B Enterprise Value (5-Mar-05)³: 2.19B Trailing P/E (ttm, intraday): 10.23 Forward P/E (fye 31-Dec-05)¹: 10.00 PEG Ratio (5 yr expected)±: 0.73 Price/Sales (ttm): 3.22 Price/Book (mrq): 2.99 Enterprise Value/Revenue (ttm)³: 3.09 BF (BASF Chemical Company) mentioned here 2/19. Next year's estimates up 42 cents in 90 days. VALUATION MEASURES Market Cap (intraday): 41.54B Enterprise Value (5-Mar-05)³: 42.86B Trailing P/E (ttm, intraday): 19.75 Forward P/E (fye 31-Dec-05)¹: 12.06 PEG Ratio (5 yr expected)±: 2.76 Price/Sales (ttm): 0.86 Price/Book (mrq): 1.98 Enterprise Value/Revenue (ttm)³: 0.91 Enterprise Value/EBITDA (ttm)³: 5.16 My notes 2/17: BASF (NSYE:BF) We don't make your portfolio. We make your portfolio better. A way to play the China/emerging markets/Jim Rogers trend, and a way to increase my exposure outside the U.S. BF popped up in running a screen. They do chemicals, plastics, agriculture, oil and gas and more, with customers in 160 countries. Based in Germany, world's leading chemical company. Nice low volume for a large cap company. Acquiring Merck electronic chemical business. Sales up 20% in Q3 (but prior weak Q3) with 3.7% fewer employees. Prices and volumes going up. Chemicals and plastics sales both up over 32% Asia/Pacific/Africa up 25%; North America up 26% Chart looks good with rising volume and MACD fuel cells pushing the price above recent resistance of $72. BF Website Q3 highlights Chemicals - High capacity utilization due to continuing increase in volumes - Higher raw materials costs partially passed on to the market - Highest increase in earnings of all segments Intermediates: Sales increased in all regions, with Asia showing the strongest growth. Demand for amines increased in Europe. In North America, growth within our polyalcohols business was particularly strong. Earnings improved due to price increases and the rigorous implementation of fixed-cost reduction measures. Plastics - Significantly higher volumes and prices in all operating divisions - Margins remain impacted by high raw materials prices - Business models and production further optimized Polyurethanes: Sales increased in all regions, mainly due to higher volumes. Global demand for isocyanates in particular remains strong. Significantly higher raw materials costs - in particular for benzene, toluene and propylene - could only be partially offset in the form of higher sales prices. Nevertheless, earnings improved due to volume growth and cost reduction measures. In Korea, the production capacity expansion at our MDI plant came on stream: Plant capacity has been increased from 100,000 to 160,000 metric tons per year to meet rising demand from our customers in Asia. Outlook: For the full year, we confidently expect a significant increase in sales and EBIT before special items. We therefore anticipate that we will earn a premium on our cost of capital. RIO, purchased this week at $34.68 as a long term play on demand for iron ore, steel, copper, etc., similar to the logic behind BF. EPS $1.34 (last year) vs. $2.26 (this year's estimate) and $3.75 (next year, up $1.09 last 30 days) Finished strong today. Weekly shows a beautifully linear move since July; at a high and big jump in volume last two weeks. OBV and MACD remain strong. stockcharts.com[h,a]waclyiay[pc21!d10,1!f][vc60][iut!Lg!Lah12,26,9]&pref=G VALUATION MEASURES Market Cap (intraday): 41.57B Enterprise Value (5-Mar-05)³: 42.34B Trailing P/E (ttm, intraday): 19.58 Forward P/E (fye 31-Dec-05)¹: 9.63 PEG Ratio (5 yr expected)±: 1.04 Price/Sales (ttm): 5.40 Price/Book (mrq): 7.53 Enterprise Value/Revenue (ttm)³: 5.73 Enterprise Value/EBITDA (ttm)³: 13.88 ROE 51% Profit Margin 26% Yield 4.4% Debt/equity .67 This news of a 71% price hike (!) certainly should help: RIO DE JANEIRO, Brazil, March 3 /PRNewswire-FirstCall/ -- Companhia Vale do Rio Doce (CVRD), the world's largest iron ore producer, concluded iron ore and pellets price negotiations for 2005 with Arcelor, the largest European steelmaker. As an outcome of these negotiations, CVRD and Arcelor agreed on the following prices: -- Carajas (SFCJ), FOB Ponta da Madeira, and Southern System iron ore fines (SSF), FOB Tubarao, had their prices increased by 71.5% -- Tubarao blast furnace pellets, FOB Tubarao: US$ 1.1551 per metric ton Fe unit, corresponding to a 86.67% increase -- Sao Luis blast furnace pellets, FOB Ponta da Madeira: US$ 1.1857 per metric ton Fe unit, corresponding to a 86.43% price increase

To: chowder who wrote (2596)	3/5/2005 10:13:16 AM
From: profile_14	Read Replies (1) \| Respond to of 13449

Dabum, is there negative price/volume divergence for the OIH on the daily chart? The volume for the recovery was a lot less than that in the selling days. What do those hanging men mean on the weekly, if anything? TIA. stockcharts.com[w,a]dacayyay[dd][pc20!d20,2!f][vc60][iUc20!Ua5,17,9]&pref=G stockcharts.com[w,a]wacayiay[pc20!d20,2!f][vc60][iUc20!Ua5,17,9]&pref=G

To: chowder who wrote (2596)	3/5/2005 11:41:07 AM
From: Bruce L	Read Replies (1) \| Respond to of 13449

Dabum, My LT pick is EP. My fundamental reasons: - 1 1/2 years ago, there was a clean sweep of the old CEO & BOD. - From the beginning, the new CEO had a clear plan on how to right the ship. He has executed this plan exactly as he orignially set forth. Having carefully listened to CCs, I trust the man. - A new respected O &G director was brought in. She has a disciplined approach to using the company's scarce capital. That new approach has just recently paid off in both a significant GOM deepwater NG discovery and in the purchases of new NG onshore properties. - the company is finally leaving behind the Enron era legacy of the earlier management. It never panicked and sold its domestic and foreign power plants and contracts at fire sale prices and now is set to sell these assets as the market is recovering. In the process it will (this year) eliminate a significant amount of overhead which will translate directly to the bottom line. - it is the world's biggest NG pipeline company with >50,000 miles of line. Again, the CEO didn't panic with the size of the company's debt (often in the past pointed out by JimP) but continued its major investments in new lines. NG pipelines in today's world can't help but become increasingly valuable - even with the vagaries of NG prices. - IMHO the company has already passed the tipping point with regard to that debt and it is all downhill from here. Maybe JimP has a contrary opinion? Bruce