discussions| Messages 1 - 15 of 354 Older » |
 |
Re: Get cash or convert to CME depends on cost-basis, but hang on to NMX |
The group you are posting to is a Usenet group. Messages posted to this group will make your email address visible to anyone on the Internet.
Your reply message has not been sent.
Your post was successful
 |
From: Tomdaytrade...@gmail.com
Date: Mon, 4 Aug 2008 03:21:10 -0700 (PDT)
Local: Mon, Aug 4 2008 6:21 am
Subject: Re: Get cash or convert to CME depends on cost-basis, but hang on to NMX
I was just looking into the proposed merger. From what I was told, I
believe NMX holders would receive $36 a share and .1323 shares of CME. Both options look good to me as cash is king, and the CME is a great stock. I'd hang on to NMX. The vote on the proposed deal is set for Aug 18th, with both companies expressing confidence that a deal will close in the third quarter. Remember, we are in an extremely volatile market which again looks to close lower, but there often rallys in a bear market. Goodluck,
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
| |||||||||||||
|
Re: Mr. Capozza's gets it right |
|
From: damarcop...@gmail.com
Date: Thu, 31 Jul 2008 10:26:03 -0700 (PDT)
Local: Thurs, Jul 31 2008 1:26 pm
Subject: Re: Mr. Capozza's gets it right
http://www.bloomberg.com/apps/news?pid=20601103&sid=aKMBqjv_F36o&refe...
Quote from the above article -
When the members who work on the floor don't see value in this deal -
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
| |||||||||||||
|
Get cash or convert to CME |
|
From: sachin <sachinndeshpa...@gmail.com>
Date: Wed, 30 Jul 2008 08:33:08 -0700 (PDT)
Local: Wed, Jul 30 2008 11:33 am
Subject: Get cash or convert to CME
Do I sell NMX and get cash or convert the shares to CME? which option
is better? how much cash will I get in case I decide to go with cash option? You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
| |||||||||||||
|
Re: Mr. Capozza's gets it right |
|
From: "Ed R." <reardon...@comcast.net>
Date: Tue, 29 Jul 2008 09:03:52 -0700 (PDT)
Local: Tues, Jul 29 2008 12:03 pm
Subject: Re: Mr. Capozza's gets it right
Outstanding crude oil futures contracts fell to the lowest level in 14
months as commercial traders and institutional investors exited the oil market. I hope and pray Mr. Capozza's gets a big enough following to kill the CME deal. As a CME shareholder I want no part of severely overpaying for a 2 contract exchange whose volume has topped. Please help to kill this deal so we can revisit NYMEX's volume numbers in 2 years. You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
| |||||||||||||
|
Re: Mr. Capozza's gets it right |
|
From: damarcop...@gmail.com
Date: Mon, 28 Jul 2008 13:15:00 -0700 (PDT)
Subject: Re: Mr. Capozza's gets it right
I understand DCF very well and other valuation techniwues. the point
is not how much to what discount and at what rate? one cane judge very well that the payout for the NYMEX execs was very high but furth erprodding now the payout has been reduced to the execs and increased to the floor members. an acquisition needs to show value in terms of compltementary offerings, future potential etc. except for the few cost cutting measure by moving the headquarters, retrenching employees is not a good strategy for NYMEX (when it doing so well and is expcted to do so). the commodities demand will be there. even if there is a correction - there will be demand for commodities and nymex will do well. we all can come up with fantastic numerical models with our own assumptions to conclude whetehr the deal is under or over priced. btw, p/e mulitples are good for wall street folks but not for shareholders like me. When the timing was right the NYMEX execs did not act, now they are giving a business that is doing so well. the underlying principle of shareholder value seems to be lacing in this deal. Go Mr.Capozza. You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
| |||||||||||||
|
Mr. Capozza's outlook is seriously flawed |
|
From: "Ed R." <reardon...@comcast.net>
Date: Sun, 27 Jul 2008 17:02:59 -0700 (PDT)
Local: Sun, Jul 27 2008 8:02 pm
Subject: Mr. Capozza's outlook is seriously flawed
Equity markets are priced based on discounted future cash flows. The
US is in the biggest oil bubble they have seen in 200 years. NYMEX is doing between 1.1 and 1.4 million contracts a day because of the boom in oil prices. If this deal does not go through are you confident that oil will continue in a bubble for the next 4 years ? Because without this deal with the CME that is exactly the bet that NYMEX shareholders will have to make. If Nymex averages 1.3 million contracts a day for the month of July are you willing to bet that they will average 1.56 million contracts a day in July of 2009 and 1.87 million contracts a day in 2010 ? Do you honestly believe that oil volume can grow at a sustained 20 to 25 % volume growth from these current oil bubble levels ? Because at 83 dollars a share NYMEX is currently trading at 33 times earnings. That is very rich. If NYMEX does not do the current CME deal and anything happens in the next 3 years that causes NYMEX's volume to stop growing at 25 % then the market will price in the future cash flows to the tune of about 12 to 15 times earnings and the stock price of NYMEX shareholders will take a huge hit. If this is such a bad deal for NYMEX shareholders why hasn't any other exchange in the world countered with a better offer ? Why ? Because no one in the free world believes oil volume can continue to grow at 25 % a year for the next 10 years. Between the cost savings between the two exchanges and the breadth of products these two firms would have together this is a fair deal for CME shareholders and a fantastic deal for NYMEX shareholders. Turn this deal down and I will bet everything I own that two years from now CME gets NYMEX much cheaper. You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
| |||||||||||||
|
Re: NMX SAGA CONTINUES |
|
From: damarcop...@gmail.com
Date: Wed, 23 Jul 2008 10:35:52 -0700 (PDT)
Local: Wed, Jul 23 2008 1:35 pm
Subject: Re: NMX SAGA CONTINUES
I am with Mr.Capozza on this. The volumes are rising in NYMEX
platform, the revenues are ebing reported in record levels thansk to the booming commodities markets which buoys the trades on NYMEX. But one deosnt see the multiples EV/REV whenit comes to CME buying NYMEX. I still dont understand the logic behind this deal excpet that the NYMEX senrior mgmt can make lot of dough with this sales. An anguished individual investor. NYMEX needs to review this deal from the value it brings to the table
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
| |||||||||||||
| Messages 1 - 15 of 354 Older » |