Monthly Archives: November 2012

$JCP Counterpoints to the Steven Dennis blog

Steven Dennis made some interesting observations about JC Penney on his blog. He might very well be proved right – the JCP turnaround is no sure thing – but I thought I’d like to react to some of the points … Continue reading

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Professor Bighead

Gotta love these quotes by Bill Bonner in MoneyWeek: How can Obama fix the economy? … He’s never even run a hotdog stand, so he’s not likely to figure it out. But let’s keep going. “The US election was fought … Continue reading

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12 Lessons Steve Jobs Taught Guy Kawasaki

Summary of on 07-Nov-2011. 1. Experts are clueless. Journalists/analysts/etc. cannot help you as entrepreneurs. 2. Customers cannot tell you what you need. (This reminds me of a quote by Henry Ford: if we had asked customers what they wanted, they … Continue reading

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HIBU – my read

Various posters have come up different theories about the future of Hibu. Here’s my read on the situation. A rights issue wont happen. No-one would subscribe, at least not enough to satisfy current debt obligations. Another idea from left field, … Continue reading

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HIBU “little or no value”

HIBU released a chilling RNS today, which has sent the shares down 20% as at writing: A number of capital structure options are being considered and these are likely to result in little or no value being attributed to the … Continue reading

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Defence industry debt levels

For comparison purposes, I pulled out all the defence companies on the LSE that I could find, and compared their latest reported net debt to revenues reported in the finals. Here are the ratios: NDEBT/ REV     PER AVON   9.1%   … Continue reading

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LAM – Lamprell – I’m still bullish

LAM (Lamprell) does the following: The principal activities of the Company and its subsidiaries include the upgrade and refurbishment of offshore jackup rigs; fabrication; assembly and new build construction for the offshore oil and gas and renewable sector, including jackup … Continue reading

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