Wouldn't the new safety regs result in more billable work for HOS? If new equipment has to be installed in order to comply with government regulations, that's a good thing for a company like Hornbeck, not a bad thing, right?

ya they spoke about a ticket deal on the january call so I was waiting for this for awhile. Their contracts on so restricting I think they are actually already done printing these tickets when they anounced it. Kind of annoying because they are probably sitting on other contracts.

This wont do much for profitability but it will help with their exposure. eurocup is huge.

Still waiting on the deal which I think is China. A bit disappointing that isnt finalized or announced yet but so far mgmt has come through on their promises, just not on the timelines

sure on the operating rigs. But if you listen to the oil majors they claim this makes offshore drilling in the gom unprofitable and say rigs will drop 50% so net net its negative.

still I doubt thats how it plays out. From what I read of the regulations and the exxon complaint filing from l,ast summer it shouldnt be so bad. And if it is they will alter regulations, they arent completely impractical.

never got around to posting it and its a bit of a jackass move now but I bought ceqp 2 weeks ago at 11.40. another different way to play the oil complex. Based on my math they will be generating 2.70 in distributable cash after capex, interest and pref payments in 2017. so the 2.40 fits with my calcs. And if thats right then its probably a 25-30$ stock by year end.

anyways, I posted in the message discussion on value investors club. The original writeup is public now (though stale and overly optimistic), not sure if the messages are open to public but good discussion there

I've just been scooping more up here at 1.22 and feeling pretty good about it. I'll wait as long as it takes

public can see comments without the lockbox on the right side

i think you previously alluded to vic having restrictions against crossposting at other forums. but the write up isn't really important anyway. in the future, if you post at vic can you just mention what you're purchasing here, and what's your intended time length and target price?

not my writeup. I just asked questions, but you can see my thought process.

Anyways, at this point its still a buy as I get distributable cash per share in 2017 of about 2.70 after proper capex and taking a few hits from exposure to Chesapeake, Antero running at minimum volume commitments and COLT getting hit as well. 11x AFFO is pretty normal for no growth guys hence $30. Also corresponds to a 8% dividend yield which makes sense to me.

ahnuld -- how much of your original HOS positions do you still hold? I know you posted somewhere that you had trimmed your positions.

over 100% of my original position. 75% of my max position that I went up to

Ahnuld, why is NAL lagging behind the rest of the oil recovery? I know their next earnings will be bad too, but I'd expect their guidance to be great at a $50 barrel?

from a trading perspective, that new issue increased the float by over 50% and sopped up any and all demand that there was.

from a fundamental perspective, while higher oil prices help them some in the short run (better prices on the oil they strip out, shut in wells come bacK) they are helped even more by higher activity levels which havent seen a response yet. Eventually it comes but it takes time. A sustained $50 price would be very good as shut in heavy wells come back, and activity levels really begin to climb . bit of a step change function in their results there.

opinion on house builder stocks?

Ahnuld do you see this massive fire being a catalyst for a lot of contrats for Newalta? Pretty serious business up there right now. Mass evacuation and destruction.

Really funny to watch the dynamics of how NTS trades. Nobody wants to sell, a few weak hands do down at 1.15. Numerous buyers and almost no sellers. Everyone's waiting on "the news"

not really, shouldnt affect their business. Bigger catalyst would be these shut in cold heavy wells coming back online. Baytex has 7500 barrels of the stuff shut it and is a good barometer for that type of activity.

I'm thinking the 4% IFC (Intact insurance) give away yesterday is not nearly enough if the estimates coming in are true. They insure most of that region. They're going to suffer tremendous loses. Something to look at.

Kind of loving the NTS panic today. Ton of sellers and almost no buyers. So either someone knows something or it's time to take advantage of some fear.

as far as I know everything is still on track for NTS, just taking longer than expected

looks like the eurocup tickets are out http://www.ebay.com/itm/2-TICKETS-UE...EAAOSw~oFXKjzx

heres the eruocup describing them and the "photonic high resolution hologram"
http://www.uefa.com/uefaeuro/news/newsid=2347529.html

hope you took advantage. Pretty sure its china, guess they didnt get permission to name the customer, but we'll know soon enough. Call at the end of the month should be great







Nanotech to provide security thread for Asian banknotes



2016-05-12 07:30 ET - News Release


Mr. Doug Blakeway reports

NANOTECH SECURITY TO SUPPLY SECURITY FEATURE FOR MAJOR NEW BANKNOTE

Nanotech Security Corp. has completed the rigorous supplier acceptance process and has commenced production and delivery of Nanotech's proprietary colour-shifting optical thin film (OTF) that will be used as windowed security thread in banknotes for a large Asian country. The OTF will be produced in co-operation with Hueck Folien, the company's licensed production partner. Production is expected to ramp up over the next few months which will position Nanotech to supply this customer through 2017 and beyond. Due to the confidential nature of the supply arrangement, commercial terms were not released but is expected to have a significant effect on Nanotech revenues.

"Adding to the recent traction we've seen with major international banknote suppliers, having our technology appear on this important newly issued denomination further confirms that our authentication products are a preferred solution for securing currency internationally," stated Doug Blakeway, Nanotech's chief executive officer. "Working closely with our customer and Hueck Folien has allowed us to begin high-volume production. We are confident Nanotech will be well positioned to supply this issuing authority with colour-shifting OTF for banknotes for many years to come."

We seek Safe Harbor.

I sure did! Nice, timing couldn't be better

We agree that any shares out there today floating around 1.30-1.50 are still criminally underpriced, right?

The confidential size of the contract makes today's trading so random. Not sure how I'll reacting to the various ask prices.

Thanks again for pointing these guys out Ahnuld.

Wow I genuinely don't think the market understands what this means for this little company. Bought more at 1.23 at the open. It's trading at less than the last earnings call, lol.

edit: ok now the market is starting to digest what it means...

If you go back and listen to some conference calls from last year Doug quantified the potential size of the deal that they just signed. My guess is September quarter is breakeven and then December quarter will be profitable. This should be fully ramped by the end of the year but there is potential to expand the deal with this single customer beyond those numbers. Maybe even get the nano hologram stuff on the same notes

Indeed timing was nice (for me at least) since I started to accumulate all I could @ 1.08 this week