ChinaGasGuy

Loading...
Symbols:
Authors:
comments2
  • Positive ratings 0
  • Negative ratings 0
  • Net rating 0
Filter comments by:
Highest rated Latest comments
Or filter by symbol:

Latest Comments
2 Comments

    • Fri Jul 11th 09:54 AM
      |
      Rating: 0 0
      Commented on:
      Brokerage Stocks: Trouble on the Horizon?
      I do not know much about schwab and the other broker you mention, but you I am extremely familiar with the insides of IBKR. Your 'analysis' is the typical back of the envelope supposition that gets amateur investors very deep trouble in the stock market. The current environment is actually quite favorable to IBKR as their profitability is substantial driven by volatility, and often hurt by a high level of front running which occurs when there is a high level of M&A activity (which has fallen off a cliff during the past 12 months). The do not take net long or net short positions and close each day with a fully matched position comprised of listed securities. They do not, btw, make a lot of money on cash balances like other brokers who offer only puny interest rates on cash. They are uniquely poised to add market share at this point and have the luxury of cherry picking better quality customers rather than the lowest common denominator of the hedge fund world. As for customer service, if you are looking for Chas. Scwab-like customer service (i.e. someone to tell you how to fill out your deposit slip) you would not be satisfied with IBKR, but if you are a small sophisticated institutional investor, you will enjoy an equally sophisticated counterpart.

      I agree with the other commentator who suggested Seeking Alpha should raise the bar... this kind of 30,000 foot 'analysis' is really not helpful and belongs on the yahoo bulletin boards.
      View article »
    • Wed Jun 18th 09:49 AM
      |
      Rating: 0 0
      Commented on:
      Sinoenergy: Downstream CNG Player with Upside Potential
      Matt, good synopsis, although one of the issues which has held valuations of some of the downstream players back has been the false perception that their margins are at risk like the major Chinese oil companies which must import at the market price and sell at a price set by the government. SNEN and CHNG on the other hand buy at a government fixed price from upstream suppliers and then sell based on guidelines from their local municipal governments. The municipal governments have a vested interest in seeing the CNG distributors succeed, add jobs, improve air quality, etc. and have been accomodating and flexible in regard to the 'pump price' for CNG. CNG is a considerably cheaper fuel vs. gasoline in terms of economics which provides further latitude in which to adjust pump prices. Consequently while some of the oil majors in china have seen their margins and share prices under pressure, the downstream CNG distributors have seen stable margins, phenomenal unit growth (triple digit) and accelerating adoption. Eventually the market will figure this out and award proper valuations to these little guys.
      View article »