TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Tata Motors: Will the Nano Go Ballistic? Alex Salkever submits: Will the Nano go ballistic? That's the big question for Tata Motors Ltd. (TTM), India’s largest automobile manufacturer. The pint-sized vehicle goes on sale in two weeks and it could either be a collossal flop or an entry level phenomenon for Developing World buyers. As background context, our proprietary Piqqem Sentiment for automaker shares is neutral with one positive for Toyota and crowd sentiment pointing towards the assumption that the sector has hit a bottom. Stay tuned, folks. Complete Story » seekingalpha.com |
Arctic Cat Inc. F4Q09 (Qtr End 3/31/09) Earnings Call Transcript Arctic Cat Inc. (ACAT)F4Q09 Earnings CallMay 28, 2009 11:30 am ETComplete Story » seekingalpha.com |
GM Finds New Life with eBay; BYD Wants Green Buses Greentech Media submits: By Ucilia WangA new, trimmer General Motors (GMGMQ.PK) was born Friday, and its chief executive promises to build a nimble competitor. And, it's working with eBay (EBAY) to allow consumers to buy its new cars online.Complete Story » seekingalpha.com |
Volkswagen's 157/mpg Prototype for Its Future 235/mpg Car TheCarConnection.com submits: As outrageous as the idea of a production 235 mpg (1.0L/100km) car sounds, Volkswagen (VLKAY.PK) believes it has what it takes to build such a vehicle and has already produced a concept version. The ultra-frugal concept hit the floor of the 2009 Frankfurt Auto Show today, and we were there to capture live shots. News from the show today indicates that 2013 would be the earliest the car could enter production, though we'll have to wait to see rubber hit the road before we'll know whether it's all auto show bluster or real green muster.Complete Story » seekingalpha.com |
Buffett Takes a Page from the Monopoly Playbook George Spritzer submits: Some brief comments on the Berkshire Hathaway (BRK.A) deal: Buffett is buying the rest of Burlington Northern (BNI) for $100 a share- approximately 60% in cash and 40% in stock. The stock component is subject to a collar where the value of a Berkshire Hathaway share received is fixed at $100 if the BRKA stock price at the closing is between $80,000 and $125,000.If BRKA closes outside this range, the number of shares of BRKA stock received will be fixed at either 0.001253489 per BNI share below the collar range, and 0.000802233 per BNI share for values above the collar range. A shareholder may receive class A shares or instead of fractional shares, the equivalent economic value of class B Berkshire shares.The BRK.B shares will be splitting 50 to 1. Buffett is doing this in order to allow smaller BNI shareholders to opt for a share exchange rather than a cash payment. By splitting the Berkshire “B” shares 50-for-1, they can accommodate even small holdings of BNI shares that elect a tax-free stock exchange.The 50-to-1 stock split of the BRKB shares means there is a high likelihood that Berkshire Hathaway will be added to the S&P 500 index within the next year. You will likely see many large cap mutual funds start to accumulate Berkshire stock over the next few months. Once it is actually added, there will be massive purchases by index funds.Buffett has sold out-of-the-money puts on Burlington Northern which has helped fund the acquisition.Buffett appears to be using my favorite strategy for the game of Monopoly- buy up all the railroads!By purchasing BNI, Buffett is diversifying out of insurance into railroads. I believe he sees inflation on the horizon. Burlington’s assets (rail cars, railroad tracks etc) are a good inflation hedge.Railroads have been upgrading to cleaner burning diesel engines, in some cases using grant money from the EPA. These engines reduce the amount of carbon dioxide emitted. Rail transportation is a “green technology” play since a diesel locomotive can move one ton of freight 431 miles on a gallon of diesel fuel. Trucks typically get six to eight miles per gallon. This gives railroads a major selling point, and they may capture a lot of the truck traffic and re-direct it to rail. Full Disclosure: I own BRKA.Complete Story » seekingalpha.com |