> "Valero recently reported its first quarter 2009 results. The company
> announced that its net income was 59 cents per share, compared to 48
> cents per share in the first quarter of 2008. “We reported positive
> earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> of the Board and Chief Executive Officer. “In fact, our first quarter
> 2009 earnings per share were 23% higher than the first quarter of
> 2008, and 64% higher if you exclude last year’s insurance recovery. In
> all our regions, gasoline margins were unseasonably strong and nearly
> double the level in the same quarter last year. Diesel and jet fuel
> margins were also good in the first quarter despite being down from
> last year’s high levels."

> ...... and wondering why there isn't better price action in VLO. The
> rise in Oil prices perhaps??? Going into the summer season with the
> economy starting to recover and hurricanes coming I can't imagine this
> stock goes much lower.

> http://online.wsj.com/article/SB124406968071982893.html

> On Jun 29, 10:17 am, NewDelhi <kennbartl...@gmail.com> wrote:

> > I was reading this article:

> > "Valero recently reported its first quarter 2009 results. The company
> > announced that its net income was 59 cents per share, compared to 48
> > cents per share in the first quarter of 2008. “We reported positive
> > earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> > of the Board and Chief Executive Officer. “In fact, our first quarter
> > 2009 earnings per share were 23% higher than the first quarter of
> > 2008, and 64% higher if you exclude last year’s insurance recovery. In
> > all our regions, gasoline margins were unseasonably strong and nearly
> > double the level in the same quarter last year. Diesel and jet fuel
> > margins were also good in the first quarter despite being down from
> > last year’s high levels."

> > ...... and wondering why there isn't better price action in VLO. The
> > rise in Oil prices perhaps??? Going into the summer season with the
> > economy starting to recover and hurricanes coming I can't imagine this
> > stock goes much lower.- Hide quoted text -

> - Show quoted text -

> VLO's current cash holding is currently $27-28/share. P/E ratio does
> not mean jack right now. Once VLO turns in positive cash flow in Oct
> ER, this stock will go back to its book value, and possibly a little
> bit more.

> The refining business is one of those brick and mortar businesses that
> wont go bankrupt. Just relax and buy more if you like it. I am waiting
> for a better price here. However, I do have some VLO already from the
> 18.xx range.

> On Jun 30, 2:32 pm, ripcats <ripc...@gmail.com> wrote:

> > Valero on June 2 AMC gave Q2 guidance of -.50... until then, analyst
> > estimates had been in the range of about .70 cents a share (if memory
> > serves)... that's a huge adjustment to make on share price.

> >http://online.wsj.com/article/SB124406968071982893.html

> > On Jun 29, 10:17 am, NewDelhi <kennbartl...@gmail.com> wrote:

> > > I was reading this article:

> > > "Valero recently reported its first quarter 2009 results. The company
> > > announced that its net income was 59 cents per share, compared to 48
> > > cents per share in the first quarter of 2008. “We reported positive
> > > earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> > > of the Board and Chief Executive Officer. “In fact, our first quarter
> > > 2009 earnings per share were 23% higher than the first quarter of
> > > 2008, and 64% higher if you exclude last year’s insurance recovery. In
> > > all our regions, gasoline margins were unseasonably strong and nearly
> > > double the level in the same quarter last year. Diesel and jet fuel
> > > margins were also good in the first quarter despite being down from
> > > last year’s high levels."

> > > ...... and wondering why there isn't better price action in VLO. The
> > > rise in Oil prices perhaps??? Going into the summer season with the
> > > economy starting to recover and hurricanes coming I can't imagine this
> > > stock goes much lower.- Hide quoted text -

> > - Show quoted text -- Idézett szöveg elrejtése -

> - Idézett szöveg megjelenítése -

> On jun. 30, 22:52, Dream_Master <tridu...@gmail.com> wrote:

> > $50 that VLO will jump like a beast after July ER.

> > VLO's current cash holding is currently $27-28/share. P/E ratio does
> > not mean jack right now. Once VLO turns in positive cash flow in Oct
> > ER, this stock will go back to its book value, and possibly a little
> > bit more.

> > The refining business is one of those brick and mortar businesses that
> > wont go bankrupt. Just relax and buy more if you like it. I am waiting
> > for a better price here. However, I do have some VLO already from the
> > 18.xx range.

> > On Jun 30, 2:32 pm, ripcats <ripc...@gmail.com> wrote:

> > > Valero on June 2 AMC gave Q2 guidance of -.50... until then, analyst
> > > estimates had been in the range of about .70 cents a share (if memory
> > > serves)... that's a huge adjustment to make on share price.

> > >http://online.wsj.com/article/SB124406968071982893.html

> > > On Jun 29, 10:17 am, NewDelhi <kennbartl...@gmail.com> wrote:

> > > > I was reading this article:

> > > > "Valero recently reported its first quarter 2009 results. The company
> > > > announced that its net income was 59 cents per share, compared to 48
> > > > cents per share in the first quarter of 2008. “We reported positive
> > > > earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> > > > of the Board and Chief Executive Officer. “In fact, our first quarter
> > > > 2009 earnings per share were 23% higher than the first quarter of
> > > > 2008, and 64% higher if you exclude last year’s insurance recovery. In
> > > > all our regions, gasoline margins were unseasonably strong and nearly
> > > > double the level in the same quarter last year. Diesel and jet fuel
> > > > margins were also good in the first quarter despite being down from
> > > > last year’s high levels."

> > > > ...... and wondering why there isn't better price action in VLO. The
> > > > rise in Oil prices perhaps??? Going into the summer season with the
> > > > economy starting to recover and hurricanes coming I can't imagine this
> > > > stock goes much lower.- Hide quoted text -

> > > - Show quoted text -- Idézett szöveg elrejtése -

> > - Idézett szöveg megjelenítése -- Hide quoted text -

> - Show quoted text -

> On Jul 1, 4:35 am, 77 <hetven...@gmail.com> wrote:

> > There is no significant cash holding here. According to the latest
> > Bloomberg data, net DEBT is around  $10 / share.
> > On the other hand, asset value is much higher than current share
> > price.

> > On jun. 30, 22:52, Dream_Master <tridu...@gmail.com> wrote:

> > > $50 that VLO will jump like a beast after July ER.

> > > VLO's current cash holding is currently $27-28/share. P/E ratio does
> > > not mean jack right now. Once VLO turns in positive cash flow in Oct
> > > ER, this stock will go back to its book value, and possibly a little
> > > bit more.

> > > The refining business is one of those brick and mortar businesses that
> > > wont go bankrupt. Just relax and buy more if you like it. I am waiting
> > > for a better price here. However, I do have some VLO already from the
> > > 18.xx range.

> > > On Jun 30, 2:32 pm, ripcats <ripc...@gmail.com> wrote:

> > > > Valero on June 2 AMC gave Q2 guidance of -.50... until then, analyst
> > > > estimates had been in the range of about .70 cents a share (if memory
> > > > serves)... that's a huge adjustment to make on share price.

> > > >http://online.wsj.com/article/SB124406968071982893.html

> > > > On Jun 29, 10:17 am, NewDelhi <kennbartl...@gmail.com> wrote:

> > > > > I was reading this article:

> > > > > "Valero recently reported its first quarter 2009 results. The company
> > > > > announced that its net income was 59 cents per share, compared to 48
> > > > > cents per share in the first quarter of 2008. “We reported positive
> > > > > earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> > > > > of the Board and Chief Executive Officer. “In fact, our first quarter
> > > > > 2009 earnings per share were 23% higher than the first quarter of
> > > > > 2008, and 64% higher if you exclude last year’s insurance recovery. In
> > > > > all our regions, gasoline margins were unseasonably strong and nearly
> > > > > double the level in the same quarter last year. Diesel and jet fuel
> > > > > margins were also good in the first quarter despite being down from
> > > > > last year’s high levels."

> > > > > ...... and wondering why there isn't better price action in VLO. The
> > > > > rise in Oil prices perhaps??? Going into the summer season with the
> > > > > economy starting to recover and hurricanes coming I can't imagine this
> > > > > stock goes much lower.- Hide quoted text -

> > > > - Show quoted text -- Idézett szöveg elrejtése -

> > > - Idézett szöveg megjelenítése -- Hide quoted text -

> > - Show quoted text -- Idézett szöveg elrejtése -

> - Idézett szöveg megjelenítése -

> On jul. 1, 15:50, Dream_Master <tridu...@gmail.com> wrote:

> > 15.8 billion for equity.

> > On Jul 1, 4:35 am, 77 <hetven...@gmail.com> wrote:

> > > There is no significant cash holding here. According to the latest
> > > Bloomberg data, net DEBT is around  $10 / share.
> > > On the other hand, asset value is much higher than current share
> > > price.

> > > On jun. 30, 22:52, Dream_Master <tridu...@gmail.com> wrote:

> > > > $50 that VLO will jump like a beast after July ER.

> > > > VLO's current cash holding is currently $27-28/share. P/E ratio does
> > > > not mean jack right now. Once VLO turns in positive cash flow in Oct
> > > > ER, this stock will go back to its book value, and possibly a little
> > > > bit more.

> > > > The refining business is one of those brick and mortar businesses that
> > > > wont go bankrupt. Just relax and buy more if you like it. I am waiting
> > > > for a better price here. However, I do have some VLO already from the
> > > > 18.xx range.

> > > > On Jun 30, 2:32 pm, ripcats <ripc...@gmail.com> wrote:

> > > > > Valero on June 2 AMC gave Q2 guidance of -.50... until then, analyst
> > > > > estimates had been in the range of about .70 cents a share (if memory
> > > > > serves)... that's a huge adjustment to make on share price.

> > > > >http://online.wsj.com/article/SB124406968071982893.html

> > > > > On Jun 29, 10:17 am, NewDelhi <kennbartl...@gmail.com> wrote:

> > > > > > I was reading this article:

> > > > > > "Valero recently reported its first quarter 2009 results. The company
> > > > > > announced that its net income was 59 cents per share, compared to 48
> > > > > > cents per share in the first quarter of 2008. “We reported positive
> > > > > > earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> > > > > > of the Board and Chief Executive Officer. “In fact, our first quarter
> > > > > > 2009 earnings per share were 23% higher than the first quarter of
> > > > > > 2008, and 64% higher if you exclude last year’s insurance recovery. In
> > > > > > all our regions, gasoline margins were unseasonably strong and nearly
> > > > > > double the level in the same quarter last year. Diesel and jet fuel
> > > > > > margins were also good in the first quarter despite being down from
> > > > > > last year’s high levels."

> > > > > > ...... and wondering why there isn't better price action in VLO. The
> > > > > > rise in Oil prices perhaps??? Going into the summer season with the
> > > > > > economy starting to recover and hurricanes coming I can't imagine this
> > > > > > stock goes much lower.- Hide quoted text -

> > > > > - Show quoted text -- Idézett szöveg elrejtése -

> > > > - Idézett szöveg megjelenítése -- Hide quoted text -

> > > - Show quoted text -- Idézett szöveg elrejtése -

> > - Idézett szöveg megjelenítése -- Hide quoted text -

> - Show quoted text -

> On Jul 1, 9:26 am, 77 <hetven...@gmail.com> wrote:

> > Right, but the equity means assets (mainly refineries) minus net debt.
> > This is no cash.

> > On jul. 1, 15:50, Dream_Master <tridu...@gmail.com> wrote:

> > > 15.8 billion for equity.

> > > On Jul 1, 4:35 am, 77 <hetven...@gmail.com> wrote:

> > > > There is no significant cash holding here. According to the latest
> > > > Bloomberg data, net DEBT is around  $10 / share.
> > > > On the other hand, asset value is much higher than current share
> > > > price.

> > > > On jun. 30, 22:52, Dream_Master <tridu...@gmail.com> wrote:

> > > > > $50 that VLO will jump like a beast after July ER.

> > > > > VLO's current cash holding is currently $27-28/share. P/E ratio does
> > > > > not mean jack right now. Once VLO turns in positive cash flow in Oct
> > > > > ER, this stock will go back to its book value, and possibly a little
> > > > > bit more.

> > > > > The refining business is one of those brick and mortar businesses that
> > > > > wont go bankrupt. Just relax and buy more if you like it. I am waiting
> > > > > for a better price here. However, I do have some VLO already from the
> > > > > 18.xx range.

> > > > > On Jun 30, 2:32 pm, ripcats <ripc...@gmail.com> wrote:

> > > > > > Valero on June 2 AMC gave Q2 guidance of -.50... until then, analyst
> > > > > > estimates had been in the range of about .70 cents a share (if memory
> > > > > > serves)... that's a huge adjustment to make on share price.

> > > > > >http://online.wsj.com/article/SB124406968071982893.html

> > > > > > On Jun 29, 10:17 am, NewDelhi <kennbartl...@gmail.com> wrote:

> > > > > > > I was reading this article:

> > > > > > > "Valero recently reported its first quarter 2009 results. The company
> > > > > > > announced that its net income was 59 cents per share, compared to 48
> > > > > > > cents per share in the first quarter of 2008. “We reported positive
> > > > > > > earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> > > > > > > of the Board and Chief Executive Officer. “In fact, our first quarter
> > > > > > > 2009 earnings per share were 23% higher than the first quarter of
> > > > > > > 2008, and 64% higher if you exclude last year’s insurance recovery. In
> > > > > > > all our regions, gasoline margins were unseasonably strong and nearly
> > > > > > > double the level in the same quarter last year. Diesel and jet fuel
> > > > > > > margins were also good in the first quarter despite being down from
> > > > > > > last year’s high levels."

> > > > > > > ...... and wondering why there isn't better price action in VLO. The
> > > > > > > rise in Oil prices perhaps??? Going into the summer season with the
> > > > > > > economy starting to recover and hurricanes coming I can't imagine this
> > > > > > > stock goes much lower.- Hide quoted text -

> > > > > > - Show quoted text -- Idézett szöveg elrejtése -

> > > > > - Idézett szöveg megjelenítése -- Hide quoted text -

> > > > - Show quoted text -- Idézett szöveg elrejtése -

> > > - Idézett szöveg megjelenítése -- Hide quoted text -

> > - Show quoted text -

> On Jul 1, 9:26 am, 77 <hetven...@gmail.com> wrote:

> > Right, but the equity means assets (mainly refineries) minus net debt.
> > This is no cash.

> > On jul. 1, 15:50, Dream_Master <tridu...@gmail.com> wrote:

> > > 15.8 billion for equity.

> > > On Jul 1, 4:35 am, 77 <hetven...@gmail.com> wrote:

> > > > There is no significant cash holding here. According to the latest
> > > > Bloomberg data, net DEBT is around  $10 / share.
> > > > On the other hand, asset value is much higher than current share
> > > > price.

> > > > On jun. 30, 22:52, Dream_Master <tridu...@gmail.com> wrote:

> > > > > $50 that VLO will jump like a beast after July ER.

> > > > > VLO's current cash holding is currently $27-28/share. P/E ratio does
> > > > > not mean jack right now. Once VLO turns in positive cash flow in Oct
> > > > > ER, this stock will go back to its book value, and possibly a little
> > > > > bit more.

> > > > > The refining business is one of those brick and mortar businesses that
> > > > > wont go bankrupt. Just relax and buy more if you like it. I am waiting
> > > > > for a better price here. However, I do have some VLO already from the
> > > > > 18.xx range.

> > > > > On Jun 30, 2:32 pm, ripcats <ripc...@gmail.com> wrote:

> > > > > > Valero on June 2 AMC gave Q2 guidance of -.50... until then, analyst
> > > > > > estimates had been in the range of about .70 cents a share (if memory
> > > > > > serves)... that's a huge adjustment to make on share price.

> > > > > >http://online.wsj.com/article/SB124406968071982893.html

> > > > > > On Jun 29, 10:17 am, NewDelhi <kennbartl...@gmail.com> wrote:

> > > > > > > I was reading this article:

> > > > > > > "Valero recently reported its first quarter 2009 results. The company
> > > > > > > announced that its net income was 59 cents per share, compared to 48
> > > > > > > cents per share in the first quarter of 2008. “We reported positive
> > > > > > > earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> > > > > > > of the Board and Chief Executive Officer. “In fact, our first quarter
> > > > > > > 2009 earnings per share were 23% higher than the first quarter of
> > > > > > > 2008, and 64% higher if you exclude last year’s insurance recovery. In
> > > > > > > all our regions, gasoline margins were unseasonably strong and nearly
> > > > > > > double the level in the same quarter last year. Diesel and jet fuel
> > > > > > > margins were also good in the first quarter despite being down from
> > > > > > > last year’s high levels."

> > > > > > > ...... and wondering why there isn't better price action in VLO. The
> > > > > > > rise in Oil prices perhaps??? Going into the summer season with the
> > > > > > > economy starting to recover and hurricanes coming I can't imagine this
> > > > > > > stock goes much lower.- Hide quoted text -

> > > > > > - Show quoted text -- Idézett szöveg elrejtése -

> > > > > - Idézett szöveg megjelenítése -- Hide quoted text -

> > > > - Show quoted text -- Idézett szöveg elrejtése -

> > > - Idézett szöveg megjelenítése -- Hide quoted text -

> > - Show quoted text -

> VLO's current cash holding is currently $27-28/share. P/E ratio does
> not mean jack right now. Once VLO turns in positive cash flow in Oct
> ER, this stock will go back to its book value, and possibly a little
> bit more.

> The refining business is one of those brick and mortar businesses that
> wont go bankrupt. Just relax and buy more if you like it. I am waiting
> for a better price here. However, I do have some VLO already from the
> 18.xx range.

> On Jun 30, 2:32 pm, ripcats <ripc...@gmail.com> wrote:

> > Valero on June 2 AMC gave Q2 guidance of -.50... until then, analyst
> > estimates had been in the range of about .70 cents a share (if memory
> > serves)... that's a huge adjustment to make on share price.

> >http://online.wsj.com/article/SB124406968071982893.html

> > On Jun 29, 10:17 am, NewDelhi <kennbartl...@gmail.com> wrote:

> > > I was reading this article:

> > > "Valero recently reported its first quarter 2009 results. The company
> > > announced that its net income was 59 cents per share, compared to 48
> > > cents per share in the first quarter of 2008. “We reported positive
> > > earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman
> > > of the Board and Chief Executive Officer. “In fact, our first quarter
> > > 2009 earnings per share were 23% higher than the first quarter of
> > > 2008, and 64% higher if you exclude last year’s insurance recovery. In
> > > all our regions, gasoline margins were unseasonably strong and nearly
> > > double the level in the same quarter last year. Diesel and jet fuel
> > > margins were also good in the first quarter despite being down from
> > > last year’s high levels."

> > > ...... and wondering why there isn't better price action in VLO. The
> > > rise in Oil prices perhaps??? Going into the summer season with the
> > > economy starting to recover and hurricanes coming I can't imagine this
> > > stock goes much lower.- Hide quoted text -

> > - Show quoted text -