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 -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (49407)9/13/2012 9:29:13 PM
From: Madharry  Read Replies (1) | Respond to of 78475
 
This is completely off topic but I would appreciate your comments. for years i have been taking my 2002 hundai to a repair place thats' 5 minutes from my house. the place run by an older man and his wife. are friendly and try to accomodate me whenever possible. Now about a month ago my check light comes on and after a couple of days i take it in for them to take a look at it. they tell me they didnt find anything but the replaced the gas cap and charged me $100 which i cheerfully paid. two weeks later the check engine light comes on again and i make an appoint but a couple of days later it disappears so i cancel the appointment. A week later the check light comes on again and so i go back to the repar place. Now they tell me that the diagonistics revealed that a cylinder is misfiring, and they want to do a tune up and replace the spark plugs. i say fine. after a few hours they tell me the car is ready . when i go to pick it up the engine is idling and sounding a lot worse than when i brought it in. I mention it to the owner and he tells me that i left the spark plugs in too long and that put in a a heavy duty fuel injection cleaner and that i should drive the car around for a few days and if it doesnt improve i should bring it back in as they may not have gotten to the bottom of all the problems. I pay another $300 or so. when i leave the garage the check light is off but it comes back on the next time i leave the house with the car.

the car continues to sound terrible while idling but a lot better when i drive it so i drive it for about 5 days but the check light stays on . I have a friend listen to the car and he says it sounds like a gasket in the manifold problem, I take it to a different mechanic the following day. i park it outside and he drives it into his garage. he comes out and tells me he cant believe any mechanic would have release the car to me in that shape. then he comes back five minutes later and calls me into the garage. tells me that without running diagonsitics he know what the problem is. he shows me that there is a gasket missing from the manifold tells me that i should have not have driven the car and shold not drive the car because i risk damaging the catalytic converter. He also says he cant believe that the other guy didnt recognize the problem right away.
He suggested that i might want to go back to the neighborhood place and tell them what the problem was . that they might apologize and fix it for free. but given what he has told me I dont want to move the car and am now questioning their general competency. Now I wonder if its possible that they somehow damage or lost the gasket while they were working on the car before and didnt notice what they had done. or whether they were just so oblivious in their work that they missed what appears to be a pretty obvious problem.



To: Paul Senior who wrote (49407)1/3/2013 9:32:40 PM
From: Paul Senior  Respond to of 78475
 
POEFF: I'm flip-flopping again and adding shares of this Canadian-based, Thailand oil-and-gas explorer.

This is one of those where the company has the lands, maybe (or not) has the oil/gas, which it may be able to extract - maybe at a profit. AND importantly to me, the company is not cash starved or overly debt-encumbered. That is, ev to cash flow is low. (As I said in a previous post, I believe a lot of the losses I've sustained in these small e&p's is because I failed to adequately consider the company's ability to finance their operations without having their stock tank with dilution and/or debt or their inability to get debt.)

seekingalpha.com

finance.yahoo.com