08-15-26 savo
declaring the Hormuz Strait a territory of the United States,
that would be controversial ... what would not be controversial would be to declare Veni territory of the US.
The dream of every venezuelan is to move to the US.. in this way they will not neet to move as veni would be US.
Creditors would be delighted as veni would not need a restrcuturing... just refinancing.
Oil producers would be delighted too... as there would not be confiscation fear. |
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08-15-26 spal
| Revision - on Frontera there is an error - I annualized the ODL dividends whereas they should total c. 80 cents p.a. and so normalized 12 months cash flow needs to be reduced. I still see a rerate, but clearly more in line with this. |
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08-15-26 carib
US President Donald Trump said Friday that he would soon declare the Strait of Hormuz a US territory, following a Truth Social post on Wednesday in which he said of the waterway, "I think we will keep it."
"Pretty soon I'll be declaring the Hormuz Strait a territory of the United States," Trump told a crowd at a Garden City, New York, event honoring police.
Trump said the declaration would come "after we [the US] finish defeating Iran," which he described as being "very badly defeated."
go figure.. |
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08-15-26 spal
Note:
The stunts and actions displayed in this comment are performed by trained professionals in equity shares. Do not attempt to duplicate, re-create, or perform the same or similar actions at home, as it can be extremely dangerous and may result in serious injury. |
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08-15-26 spal
Frontera released their Q2 result on August 14 - and their first as a standalone infrastructure company.
The number to appreciate is $USD 75 cents cash flow this quarter per share.
At C$8.49, the stock is trading at just over 2x annualized operational cash flow.
For an infrastructure business with long-term, contracted assets (Puerto Bahía + 35% of ODL), midstream peer groups typically command 6x to 10x Price-to-Cash-Flow (or EV/EBITDA) multiples.
For example:
Typical US Midstream Cash Yields: 8% to 12%
Frontera's Implied Cash Yield: ~48%
A figure of USD $0.75 cash flow per share in a single quarter is exceptionally strong.
It confirms that the market is currently pricing the post-sale stub at a distressed ~2x cash flow multiple, despite the underlying midstream assets (Puerto Bahía and ODL) delivering stable, infrastructure-grade cash generation.
As the market digests these standalone numbers over the post-earnings period, this cash yield provides a strong fundamental thesis for a significant re-rate.
Note this saids nothing about the major regasification project - and the legendary company Excelerate has been contracted and will soon have the FSRU Express docked at Puerto Bahia (Ecopetrol is now well advanced on presales). See - https://www.giignl.org/news/excelerate-confirms-colombian-fsru-charter-deal
These shares are significantly undervalued - $10 is my expectation by year end and $15 a target for 2027.
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I just posted this on Seeking Alpha as a reply to an anal who has got this schtock significantly wrong. This is my largest position and I will add.
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08-15-26 pillz
VIX Tumbles
The Cboe Volatility Index hit its lowest point year-to-date |
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08-15-26 Merlino
| https://www.eluniversal.com/economia/239156/luis-vicente-leon-estima-que-venezuela-llegue-a-2-millones-de-barriles-de-petroleo-para-2028 |
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08-14-26 savo
some things seems to be moving in veni:
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
https://www.theguardian.com/business/2026/aug/14/bp-offshore-gasfield-venezuela-donald-trump |
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08-14-26 savo
Iran’s Khatam Al-Anbiyaa Central Command:
‘The false claims of by United States regarding the normal passage of vessels through the Strait of Hormuz, which show the desperation and helplessness of the U.S. military, are nothing more than lies and falsehoods.
We announce that the Strait of Hormuz remains, as in the past, under the complete supervision and control of the Islamic Republic of Iran, and no commercial ship or tanker without the permission and guidance of the powerful Iranian Armed Forces has had and will have the possibility of safely transiting this strait.
America is constantly seeking evil and insecurity in the region, and its false and baseless threats, in the face of the all-encompassing preparations of the heroic warriors of Islam in the Armed Forces will result in nothing but further misery and helplessness for them.
The glorious Armed Forces of Islamic Iran are monitoring all movements of the American-Zionist enemy in the region, and under the wise and intelligent command of the Supreme Commander-in-Chief, His Holiness Ayatollah Seyyed Mojtaba Khamenei, they have not and will not have the slightest hesitation in realizing the rights of the nation, national sovereignty, and defending the ideals of the Islamic Revolution and our beloved country of Iran.
And we will respond to any threat, of any kind and at any level, with an even more crushing and severe response than before.’
@Middle_East_Spectator |
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08-14-26 victor
Trump says he will soon declare the Strait of Hormuz a US territory
WASHINGTON — President Donald Trump said he plans to soon declare the Strait of Hormuz "a territory of the United States" as he once again asserted control of the critical waterway amid the war in Iran and touted the success of an American naval blockade of Iranian ports.
"After we finish defeating Iran, which is being very badly defeated, pretty soon I'll be declaring the Hormuz Strait a territory of the United States," Trump said in an Aug. 14 speech in New York. "Essentially that's what we have. The blockade ‒ no ships get through."
Trump's comments marked his latest escalation in rhetoric over the Strait of Hormuz, which he has claimed the United States has taken over and blocked Iranian ships from accessing. Trump has said the blockade of the strait, an international waterway that Iran relies on to transport oil shipments, has wrecked Tehran's economy.
But Iran has rejected Trump's characterization of the strait, asserting it is under the "complete management and control" of Iran and that no commercial ships can go through without Iran's permission.
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08-14-26 spal
NNBR
NN INC
3.895 (+7.89%)
Equity dilution is now likely fully worked through. Biz growth is extraordinary.
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08-14-26 spal
JOB
GEE GROUP INC
0.242
(+7.05%)
And then all of a sudden the old voodoo powers returned ...
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08-14-26 spal
JOB
GEE GROUP INC
0.239 (+5.38%)
“The truth is lived, not taught.”
... Hesse |
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08-14-26 spal
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08-14-26 spal
GCUMF
GUNNISON COPPER CORP
0.332 (+4.89%)
Should run soon.
50 cents easy - 80 by year end - decently over $1 in 2027.
Schpal thing |
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08-14-26 carib
| I just doubt Veny goes anywhere without a real political settlement. |
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08-14-26 savo
hence Rubio...slow down in veni.
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08-14-26 savo
i did not say i expect a blank page... only that i think a blank page is a precondition for Oils to bring new capital to veni.
The other explanation is that MCM has been doing her round and saying to creditors and Oils that he will not respect any agreements/contracts made with the current government.
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08-14-26 carib
Savo: re the OFAC blank page.
BTW: all sanctions could be removed on monday.. and re-instated on tuesday.. |
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08-14-26 savo
I am afraid you might be disappointed on that..
i do not understand.. |
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08-14-26 savo
cost of the most stupid war ever:
https://iran-cost-ticker.com/ |
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08-14-26 savo
meanwhile DT responsible for 21% of US debt...
https://cms.zerohedge.com/s3/files/inline-images/2026-08-13_07-13-14.jpg |
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08-14-26 savo
like have never been seen in the history of economic isolation on a country
signed by Satan on behalf of the Satanist States |
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08-14-26 carib
| Savo: I am afraid you might be disappointed on that.. |
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08-14-26 victor
savo, dt doesn't care about vz right now.
what he cares about:
//
US to Roll Out ‘Economic Isolation’ Plan for Iran Next Week
Bloomberg) -- The US will soon announce what it bills as unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said, intensifying the Trump administration's effort to force Tehran's capitulation through financial pressure.
"Watch this space for more announcements coming next week because we are going to apply measures like have never been seen in the history of economic isolation on a country," Bessent said Thursday in an interview with Newsmax.
Bessent said the move will be part of a "one-two punch" that includes the continued blockade of Iran's ports.
Iran's economy has already taken a significant hit from the war, with much of its industrial capacity destroyed and crude exports severely curtailed by the US blockade. But the country has weathered waves of sanctions, which have failed to force Tehran to bend on its nuclear program or relinquish control over the Strait of Hormuz.
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