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Re: Oil (Particularly, Royal Dutch Shell)

By: Decomposed in POPE IV | Recommend this post (0)
Fri, 18 Dec 15 9:44 PM | 70 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 01408 of 47202
(This msg. is a reply to 01407 by Zimbler0)
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Zimbler: 

re: "That looks to be the difference between total assets and total liabilities . . . that right?"


The basic accounting equation is

Liabilities = Assets – Owners Equity

Cash is just one asset. It's always nice when a company is sitting on a pile of it the way Apple and Esperion Therapeutics are - though, of course, those two operate on vastly different scales and I'm not suggesting that they're much alike.

My statement about SE was supposed to convey my impression that the company is in a tailspin with no strong support in sight. Based only on a quick TA analysis, there's no reason to recommend it.

I sometimes find stocks that have fundamental (not technical) reasons for optimism. For instance, the other day I read about a one-trick-pony that had everything invested in a drug that the FDA had just nixed. That was horrible news, and the stock fell 80% in after-hours trading. TA said to stay clear of it. However, the company actually had cash on its books that exceeded its market cap by a wide margin, and it was worth buying if only to get a stake in parting the company out.

So that's what I meant about SE. If it's sitting on a mountain of cash that investors are forgetting about, then it might still be a good investment. From what I could see, though, it looks like a stock that's going to continue falling for quite some time. SE is currently $23/share. $13/share looks possible this time next year.  




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Oil (Particularly, Royal Dutch Shell)
By: Zimbler0 in POPE IV
Fri, 18 Dec 15 8:58 PM 		Msg. 01407 of 47202

De> I don't know if SE pays high dividends but it better.


It does.
Last Saturday my report says SE was paying 5.8%.
(And, I've owned some of it since DUKE energy spun
them off back around 2007.)

I just checked . . . SE is currently worth less than
I paid for it . . but, with the dividends I've
collected over the years it's still positive. And,
when I went to Yahoo Finance the other day SE's
'Retained Earnings' were large and getting larger.

(Unlike Kinder Morgan, which had negative retained earnings
and getting worse.)

By the way, that 10 Billion you mentioned . . .
That looks to be the difference between total assets
and total liabilities . . . that right?
There are ways 'they' can lie on the balance sheet.
I personally like that Two and Half Billion in the retained earnings block.

Zim.

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