Issues On Debt

Thalassa Holdings – Up Up Up And Away

Chart Of Thalassa Holdings They say that time is the friend of a great business but the enemy of the mediocre. While that statement has a pervading ring of truth to it, the sagely quote excludes commodity businesses with a high probability of self sustenance and mean reversion into the future. Can I tweak that to say time is the friend of those companies that can survive an industry downturn? (more…)

Issues On Debt

EZRA EZRA , No Longer The Bella Of Dreams

Ezra Holdings 

Ezra Holdings! When inspiration hits me and the juices flow and I feel an explosion of information welling up, my outlet is to share and tell. It may be amongst good friends and confidantes or it could be a humble blog as such. And with a feeling of perkiness, I entitled this article Ezra Ezra, No Longer The Bella Of Dreams. I was reading the newspapers recently. The headlines. " Winding Up Application Filed Against Ezra" . Another headline . "Ezra Receives A Statutory Demand From Forland for $25.5 Million". The thing is this. Before it even makes the headlines, the smart investors have already scooted off elsewhere, leaving thousands of ignorant investors in a trail of financial destruction.

Many retail investors have been bruised financially as a result.  In investing , being formally educated is wise and cheap. Being an ignoramus is bloody expensive. Let not your negative experiences be your tuition fee. Let the prominent investors of our time guide you! Read their books. Digest them! Assimilate them! Educate yourself through the eyes of another I say to you. And you shall surely find your way! Slowly but surely!

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Issues On Debt

Oil Prices Are Recovering, Upstream Operators Are Still In Agony But Pockets Of Opportunity Avail

The 2008 economic crisis brought the world to its knees. Some 6 to 8 years later, another crisis of sorts in our midst - an unprecedented fall in the price of oil to drastically low levels of around $20. On the surface of it, not much going on there. Looking deeper though, we see a loss of amounting to close to a trillion dollars. Don't take our word for it though! "Global upstream capital spend from 2015 out to 2020 has been reduced by 22% or US$740 billion. When we include cuts to conventional exploration investment, the figure increases to just over US$1 trillion. The impact of the drop in oil prices on global upstream development spend has been enormous. Companies have responded to the fall by deferring or cancelling projects. " `Wood Mackenzie (more…)