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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (41765)3/15/2011 12:20:43 PM
From: relewis  Read Replies (1) | Respond to of 78566
 
Jurgis: In light of the supposition that Magnum Hunter will call the C preferred in Dec, do you still think MHR-C is worthwhile, or will you wait for the anticipated D shares? Thanks

Message 27222479



To: Jurgis Bekepuris who wrote (41765)3/15/2011 6:33:11 PM
From: Mark Marcellus1 Recommendation  Read Replies (1) | Respond to of 78566
 
IMHO, it is very sad that most of the world will have knee-jerk reaction to nuclear problems in Japan and stop investing in nuclear energy or decommission existing nuclear plants.

As always there will be unwarranted knee jerk stuff, and yes everything has risks, but...

- The long term effects of a nuclear disaster are much worse than the alternatives. When that gas pipe exploded in California, devastating a neighborhood, everyone but the people whose houses were destroyed was able to move back in a matter of days, not years.

- There are reasonable concerns about the ability of the industry to model for disaster risk. If a Japanese company was unable to fully anticipate what was, in retrospect, a fairly obvious earthquake scenario where a major earthquake is followed by a tsunami, what scenarios are they missing in other places?

- One clear risk that needs to be reexamined is keeping the spent fuel next to the reactor. It sounds like that was the major problem causing radiation leaks.



To: Jurgis Bekepuris who wrote (41765)3/16/2011 12:30:51 AM
From: ValueGuy  Read Replies (1) | Respond to of 78566
 
Jurgis

EGY looks like an even better buy now, considering the Q4 results they just released (http://finance.yahoo.com/news/VAALCO-Energy-Announces-2010-prnews-2603845963.html?x=0&.v=1)

But POE looks like a good company with strong cashflows too, and plenty of reserves as well.

Both stocks have declined at about the same pace. Was thinking of adding to my position in EGY, but at the same time am tempted to take on a position in POE.

Any thoughts?