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YES
but only if you disregard FASB methods which still hold > 200B of negative capital
The new version of the small GOV party
No new ideas
How about helping fund 3MM new homes and freeing F and F
for now
mild competion but mostly proof of concept - shoring up confidence of Fuel Cell NKLA buyers?
warrant tender value to F and F
the pennies or F and F sell shares for F and F reserves growth of 100B ?
huge difference from same sentence
As always - LP/SP declared paid off is 1 2 3 4 5 in the priority order as a MASSIVE first step
JPS might - might - be an interesting hedge that MAY have some large upside and SOME ;protection from 100% wipe out ??
just a thought to hedge -- at this point - I think I am = in $ in common and JPS
#1
#1
#1 on that list is 90% of the value of that list
If and when it happens we can debate the other stuff
ok?
?
maybe they do not want to buy in the SUB market it now trades in ??
recall we are not delisted but we are not listed
??
yes
Dem view point
some mission-focused utility, agnostic as to ownership
serious question
why would F and F be losing a large amount of money in the CRT program
if the underwriting of risk is close to accurate F and F sell paper for a good price ?
my two cents again
1. Kill the SP/LP obligation --- a must - and IMO does not need Congress or even POTUS
2. PPS IMO at that point goes up to say 8 --- as reserves are now positive and real
3. Any major change - IMO - after that might might - need Congress or
4. In particular I want to see an equity owned national utility model for F and F -- such that they face some things they need to do that others do not need to do -- but - but the utility gets a GOV backing !! - secondary to reserves - but a GOV backing
5. The path of utility with obligations but backing is open to ALL to create if they wish (e.g. TBTF banks would keep private label per bank but form a CO-OP to own one utility model - if only to test out the value of the Guarantee
so
remind please
up by 34
is that gross (adds only)
or is that net --- where "they" have subtracted "orders" done/delivered
either way 34 is huge ?
and yes ---- we need - as you point out
deem the senior preferred stock paid
what is the math ? when this is counted as To be Paid Before any Reserves ?
Not sure per just FNMA but I assume FNMA is - per THEIR accounting still NEGATIVE ?
and I thought BO - in the same post election period would release F and F for exact same reason !!
he did not
??
Wabash .... is mentioned here ---- (via simple search of website for NKLA)
https://www.nikolamotor.com/nikola-corporation-reports-fourth-quarter-and-full-year-2022-results-232
Bloomberg - reputable - no?
has the NKLA mention in its shorter -- maybe more practical news release on this 1.6B - I do not know enough to reconcile any difference
https://www.msn.com/en-us/money/companies/us-offers-1-6-billion-in-financing-for-low-carbon-ammonia-plant/ar-AA1qF5RO?ocid=msedgntp&pc=LCTS&cvid=4cdd13eabd144b668d23dc3896aab306&ei=52
it leads to green H ---- which is critical to the future for FCEV going out years and years
For now - the FCEV is still IMO proof of concept and mostly uses H that is not seriously "environmental" due to tech limitations and price
For FCEV to be huge - which we want --- they must become super friendly to the environment
This 1.6B is pursuit of exactly what NKLA needs
Super
This is the same one I saw online at MSN .....
Far into the future but again 1.6B is massive and another block in the foundation for those buying FCEV now that they are on a growing not shrinking path of viability and fortune
May be a repeat
but it mentions NKLA
https://www.msn.com/en-us/money/companies/us-offers-1-6-billion-in-financing-for-low-carbon-ammonia-plant/ar-AA1qF5RO?ocid=msedgntp&pc=LCTS&cvid=4cdd13eabd144b668d23dc3896aab306&ei=52
he project has received backing from hydrogen vehicle startup Nikola Corp. and the Oil and Gas Climate Initiative, which represents companies including Aramco Corp. and BP Plc.
AGREE
any could or can
none has
I can live with $45 - and assume GOV keeps the CASH from gaining shares via Warrants and selling those shares OVER TIME to reduce deficits and debt
YES
that is what I want ---- for whatever motive for whatever reason !!!
let warrants be used and dilute us to 20% off an 80-100 per share company (20-25 dollars a share)
kill - kill - kill the 200B suffocating our reserves and preventing maximum PPS on selling Warrant created shares
i.e. kill the SP/LP and warrant created shares trade at somewhere between 80-100 --- and our shares go for the SAME ride (if if if the SP/LP is wiped out)
HOW do they make big money
By making sure we get squat
You are just one inch from understanding the more often and the closer you read that stuff
1. My answer - no one knows !! no one knows what is happening - no one knows exactly what is being discussed - AND NO ONE KNOWS what happens to us 1B shares
2. The easiest way for the NEW (stress on NEW) players and their money is to give them nearly 100% ownership and dilute us to 1%
what holdings !!
seriously - at this point in time - we currently own 100% of F and F
Gov has SP paper
I suggest that 9 out of 10 times the people who write about PRIVATE GSEs have zero idea what that really means
For example - What would the GOV actually sell -- other than maybe exercised Warrants? Again - GOV has no common equity
yes
much can be done without congress
as you know - my favorite is kill the 200B SP/LP on the books obligation (which is more than the NWS at max differential - I think)
but the below IMO - is incomplete as it combines some imputed motive with the key outcome ----- equity for original owners
one wants gse's for social benefit (IMO this can be done with a private (equity to us) company - using a FED utility model - we win (if nationalized we lose)
while other wants to privatize them so it cannot be used for social benefit and misuse --- (IMO privatize can be done with massive dilution and new shares to the BIG key players)
I simply want my $20-$30 and F and F to continue to provide liquidity to the overall housing market with a tilt (about 5% in actual $ and 50% in PR) to those who are credit worthy but need a bit more help. This is possible under D and R --- but the public utility model is more likely under D and the robber baron (words chosen on purpose) NEW owners win more likely under R
Good - Bad - Meaningless --- FOR the FREEDOM of F and F
I predict today - with IMO 100% confidence - DJT will debate Harris again before the election
The more it looks like DJT will win - the more likely a pre vote day run up - say 20%
Then - would DJT behave differently this time - ? no one knows
?
saving housing ?
note - F and F were TAKEN from us - equity holders - FACT
note - GOV owes us Billions and Tens of Billions of dollars
note - F and F are operating just fine under FHFA . Their being private - owned by us - is the right thing to happen but IMO does not "save housing"
that is part of the problem --- F and F are doing just fine for the "liquidity creation" charge they have right now --- leaving litle motivation to change things . To remind - I believe 100% the GOV TOOK our property and either should give it back or pay us. But F and F are providing liquidity to mortgage market as charged
?
so she is a capitalist ?
?
I do not agree with but understand GOLDEN GOOSE arguments in the PAST
but now
no money - no cash - goes to Treasury
all cash stays with F and F
Golden Goose?
ok
as ususal posted too much
again - I warn --- there are many many many avenues to PRIVATE that leave us penniless
link
and what was the interest rate back THEN ---- the FED induced 2.5% --- and maybe now the FED induced 6.0%
this is not DJT or BO - this is 9T and then 8T thrown at economy due to covid to prevent a depression
I do not fault that !!
That created a snapback inflation that came and went high fast
FED raised rates to beat up jobs and GDP and the economy ---- otherwise nicely called COOL IT DOWN
It appears to have worked
Soon mortgage rates will be 4% -- and they should have been say 3.5% pre Covid - then do the math
AGAIN - I do not find any reason to fault DJT or BIDEN given the immensity of COVID and its impact on jobs - the economy - and then inflation as people rushed to buy goods again
look at the official GOV books as others have linked
that 25B a year is killed by a starting place of minus 200B
To repeat time 100
I (and argue it should be WE) want the GOV (and I suggest Treasury can do this Monday !!) to say the LP/SP is paid off
That is a massive drain on any potential to get capital reserve positive - even a dollar - while its out there
With it gone we likely are 60% (someone with #s ?) to even the high Calabria numbers !!
per good math by many on this board if we are the only owners - with our shares --- we might have a $80 stock
if GOV uses its warrants --- which can be the TRADE (quid pro quo) to kill the 200B obligation on LP/SP - then that 80 becomes 20
I will take 20 on the common !!! this way - shared with Warrants - if that is what is needed for GOV to stop saying we still owe 200B and can never get to a safe capital ratio . We need value ---- even if at 5B shares v 1B . 1B shares with 200B of negative surplus is junk
I am not a liberal socialist
I am a liberal capitalist
in that vain - what was stolen from us should be returned period
Far right R would just make the steal official
Far right D would just nationalize and make the steal official
in the middle - some R and some D could find an answer that rewards the country and us --- (I do not know the Congressional power brokers who would lead this - but hope to learn more) . I can see this happening under either R or D (e.g. Trump might do nothing but appoint the right Treasury Secretary - or Kamal might do nothing but appoint the right Treasury Secretary)
SHIZAM
bluntly - this is the first real article that in all its 1000000000 words - talks to current holders coming out well
i hope it is right
PLLLLEASE post the full post - article
much appreciated
reduce
that is the trend now with BIG 8 BANKS getting a GREAT change in their favor - of the type we want - lower capital needed
agree or disagree with all none or lots of smart logic
I do not see where that had much to say if unconstitutional
Courts will look at it and with this SCOTUS who knows what they will or will not say AND WHY
link please
"released" is a specific word too
beware privatized - as that can happen without a penny for us
freed is also a tricky word
link to BO himself in a speech - policy paper - email said what you say he did ---- I hate his NWS - it is illegal - but I never read anything close to what you say