Up in Toronto! East Side Games Group Inc. (EAGR.TO) Toronto - Toronto Real Time Price. 1.8000+0.1000(+5.88%) As of 10:12AM EDT.
ADDING GEVO TO THE RADIO SAVANT PORTFOLIO NEW ESG DIVISION!>>> THIS IS BULSSHIT! STK IS DOWN! Gevo to supply sustainable aviation fuel to American Airlines in $2.75B deal Jul. 22, 2022 9:22 AM ETGevo, Inc. (GEVO),AAL GEVO Inc. (GEVO) BUY! $2.60 NasdaqCM - NasdaqCM Real Time Price. 2.6000-0.1200(-4.4118%) As of 10:27AM EDT. Market open. Gevo (NASDAQ:GEVO)+9.2%pre-market on Friday after saying it signed a sustainable aviation fuel sales agreement with American Airlines (NASDAQ:AAL) for 100M gal/year from the biofuels company's planned future commercialoperations for five years starting in 2026. Gevo (GEVO) estimates the agreement, the company's largest-ever fuel sales agreement, should generate $2.75B of revenue over the five years, including the value of environmental benefits.
Good Recovery for oil. NY Mercantile - NY Mercantile Delayed Price. Currency in USD Add to watchlist $97.36+1.01(+1.05%) As of 11:43AM EDT.
Stoney the reason its not up on this is because its basically an option to buy that much fuel at that price. It gives the company something to take to the bank to get loans to get their operation up and running. AAL doesn't have to spend a penny until they deliver. Are they already making this stuff? How much additional capex will be required to produce and sustain those figures. Do we know? I don't. You'll have to read up on them and see what they are currently producing and what it will take to get to that level. It would seem that since the contract is so far in the future, they are not even close, they just need to get the written commitments to get the financing to expand. We have no idea what their margins will be or anything. That's why its not up. Wall Street Bets types might suck up the SA story, but no astute PM is gonna buy in on without a lot more details. They could go t/u tomorrow. No jeopardy for them or AAL Edit:... and you know what else is almost a given.... a secondary offering to raise more cash because the AAL deal won't be enough. They'll go to the well like all these companies do, and dilute the spit out of the stock. They don't care, the insiders still make bank in salary and options on the backs of retail schmucks buying a $2 stock hoping it doubles.
Altice USA gains again, as analysts debate what Suddenlink sale could draw Jul. 22, 2022 2:49 PM ETAltice USA, Inc. (ATUS)CHTR Altice USA (NYSE:ATUS) is up 2.4% Friday afternoon, tacking on to sharp gains it made midday Thursday following a report that it's exploring a sale of Suddenlink that could bring up to $20B. The prospect of such a sale (and the debt relief it could bring Altice USA) sent the stock more than 22% higher on Thursday. While the stock has a market cap of $5.1B, it reports over $33B in assets - and a little more than that in liabilities, with more than $25.5B of that in long-term debt. New Street Research has upgraded Altice USA (ATUS) to Buy, saying such a deal has been part of chatter and is "reasonably likely." But even after Thursday's 20% gain, "the probability-weighted upside is compelling enough for us to upgrade the stock," analyst Jonathan Chaplin and team said. A $20B sale would suggest a multiple of 14x EBITDA of $1.4B, "which seems high ... but not impossible," New Street says. The firm says the median multiple for fiber and cable deals over the past few years has been 14x; that Suddenlink is a "good asset" in markets with limited competition, and is underpenetrated; and that any cash buyer would see tax benefits besides. It's set a new price target of $15, implying another 30% upside ahead. BofA meanwhile is switching to "No Rating" on Altice USA (ATUS), saying the shares are no longer trading on their fundamentals. It sees a potential 15x EV/EBITDA multiple on the deal as a "significant disparity" from public multiples which would be difficult for the company to capture. The most likely strategic public buyer would be Charter (CHTR), analyst Jessica Reif Ehrlich suggests, but even that deal is "very unlikely" as Charter likely wouldn't pay that premium, she says - pointing more toward a buyer in private equity. European cableco Altice made its entry into the U.S. market with a 2015 deal to buy the country's seventh-largest cable company for about $9B.
we should add this- Steel Dynamics, Inc. (STLD) NasdaqGS - NasdaqGS Real Time Price. Currency in USD Add to watchlist Visitors trend2W10W9M 66.40-4.33(-6.12%)<---- good price As of 03:10PM EDT.