U S SILICA HOLDINGS INC SLCA
May 02, 2012 - 12:29am EST by
member
| 2012 | 2013 | ||||||
| Price: | 18.13 | EPS | $0.00 | $1.80 | |||
| Shares Out. (in M): | 58M | P/E | 0.0x | 10.0x | |||
| Market Cap (in $M): | 1,048M | P/FCF | 0.0x | 22.2x | |||
| Net Debt (in $M): | 173M | EBIT | 0 | 152 | |||
| TEV (in $M): | 1,221M | TEV/EBIT | 0.0x | 8.0x | |||
- U S SILICA HOLDINGS INC SLCA 03/04/2024
- U.S. Silica Holdings SLCA 07/29/2021
- U S SILICA HOLDINGS INC SLCA S 10/13/2016
- U S SILICA HOLDINGS INC SLCA S 07/10/2013
- BETA
- HI-CRUSH PARTNERS LP HCLP 10/27/2015
- Victory Nickel NI 12/11/2013
- AMPLIFY ENERGY CORP AMPY 10/15/2020
- CANADIAN NATURAL RESOURCES CNQ. S 08/24/2015
- CENTENNIAL RES DVLPMNT INC CDEV 02/08/2020
- SANDVIK AB SDVKY 04/14/2021
- SCHLUMBERGER LTD SLB 10/18/2022
- EMERGE ENERGY SERVICES LP EMES 09/24/2014
- HALLIBURTON CO HAL 10/18/2021
- Ovintiv OVV 06/30/2022
Description
| show sort by |
You are not eligible to view 1 messages. To gain access to more recent message posts signup free for membership.
| # | AUTHOR DATE SUBJECT |
|---|---|
| 25 | |
thanks for your questions
1) my minorities figure is an error - thanks for catching it. the 907 was for 2007 based on 2005 figures adjusted for expected appreciation in Ferrari over the next several... login to read the rest | |
| 24 | |
You are right the convert creates an overhang. But given 3 facts I don't believe this is a serious concern. (1) Some banks that do not intend to be participants in Fiat's shareholder... login to read the rest | |
| 23 | |
I see the answer to my own question in a previous question (who owns the Convert)...but fears about an overhang effect linger.
Well foudned fears?
Thanks again. | |
| 22 | |
Mitch-
Who holds the Convert? Is it possible the possibility of conversion of such a large issue acts as a "lid" on the shares until after October.
Great write-up. Thank you.
| |
| 21 | |
Compelling idea and write up. Thank you. I've been through the company documents and have tied down most of your numbers other than the following. If you could provide any assistance, it... login to read the rest | |
| 20 | |
Thanks for your question.
I would focus on Q1 and Q2 in terms of near-term signals for progress in Chapter 1 of the turnaround (cost cutting).
In terms of what to look for... login to read the rest | |
| 18 | |
I would encourage interested readers to look at JPM's note on Fiat today. It is fairly on-point and helpful in understanding the investment case. | |
| 17 | |
David - thanks for staying up so late to respond! Certainly an interesting day in the world of auto. Here are my basic thoughts in response to your post. 1-Yes, it is fairly incredible... login to read the rest | |
| 16 | |
Mitch,
Thanks for the response. That is impressive that the Italian banks are going to have to eat the convertendos at 10 euros. I was initially puzzled why anyone would want to convert @ 10 if... login to read the rest | |
| 15 | |
Hi David,
Thanks for your questions.
1. Convertendo - The convertendo is a €3 bn loan with a 6.5% coupon held by a consortium of Italian banks. The banks will convert in September 2005 their loan... login to read the rest | |
| 14 | |
Mitch,
Great write-up and I am still working through whether it is a great idea or not. Here are my questions:
1. Convertendo - Can you provide some more details on these? Specifically, is 10 euros the... login to read the rest | |
| 13 | |
Strike that his options don't mature until 2008 so he will be around for sure until then. | |
| 12 | |
1) How sensitive is your analysis to economic activity?
Well, the company has not assumed any help from the economy in its forecasts, but the current Italian economy is worse than they had... login to read the rest | |
| 11 | |
You are absolutely right -- the investment is predicated on his management, and the simple answer is, I would not recommend Fiat without him there. If he were to leave at a stage further... login to read the rest | |
| 10 | |
Thanks for your quick response to my previous questions. I was just wondering, it seems that a big part of your thesis is hinged on Mr. Marchionne's skills. If he were (god forbid) to be... login to read the rest | |
| 9 | |
Fiat will sells ~1.1 mm vehicles this year. The panda launched last year will sell between 100-150k vehicles annually. The Croma, being launched presently, is targeting about 70k in volumes (with breakeven at... login to read the rest | |
| 8 | |
Thanks for your questions.
In response to your first question, Sergio will look to achieve maximum value as quickly as possible, without emotional attachment to any asset. I am only familiar with the... login to read the rest | |
| 7 | |
1) How sensitive is your analysis to economic activity?
2) How sensitive is Fiat to raw material prices?
3) What are expectations for earnings on May 10th? Is there any specific reason to buy before their release? | |
| 6 | |
Thanks for your question, it is an excellent one, and really drives to the point of how much leverage there is if Sergio can achieve his guidance. So few people believe Fiat capable of... login to read the rest | |
| 5 | |
Couple of quick questions,
1) I was just wondering if you thought there was any chance this company might be broken up so that the SOP value could be quickly realized (or maybe do something... login to read the rest | |
| 4 | |
| 3 | |
How are the NOL's valued on the balance sheet today? How much would they be worth if the company were to achieve its 2007 targets? Thank you. | |
| 2 | |
Great idea, really contrarian. Could you please ellaborate on Fiat Auto's product launches. You mention that by the beginning of 2006, over 80% of Fiat's volumes will be turned over. That is taking into account | |
| 1 | |
I should mention that Mr. Marchionne has upside on 12mm options with a strike price of €6.53, 27% out of the money as of today's closing price. Additionally, he recently purchased 220k shares at | |