Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Fun days ahead
Is MOP in Russia as was once suggested?
Thousands of tons spilled at oil field in Russia
Updated: Monday, 23 Apr 2012, 3:28 PM EDT
Published : Monday, 23 Apr 2012, 3:28 PM EDT
MOSCOW (AP) - A Russian official says that up to 2,000 tons of oil have been spilled at an oil field in Russia's north.
The accident happened at an oil field in the Nenets Autonomous District on Friday when oil workers were working on an exploratory well. The oil had been gushing for nearly two days before the workers capped it Sunday morning.
Vladimir Bezumov, chief of the Russian Environmental Agency in the district, said the weekend spill could have produced between 800 and 2,000 tons and damaged at least 8,000 square meters of land.
Bezumov said his agency will be preparing a lawsuit against the oil companies after the clean-up is over.
An AP investigation last year showed that at least 1 percent of Russia's annual oil production, or 5 million tons, is spilled every year, according to various estimates.
Yeah the way the dow was acting the last few weeks I needed a distraction.
Well he was at the demos. If you look at the videos posted on the MOP website you see FB standing right there watching CD do his demos. If he is invested enough to come to Bath for that then I would guess he might get involved as CEO. Just my opinion. Oh and he and his wife were given shares too.
MOP HAS A DISTRIBUTOR
Fernando L. Benalcazar, CSP's Experience
GM & VP Latin America
Equitable Origin América Latina Cia. Ltda.
July 2011 – Present (10 months) Ecuador
President and VP Corporate Services
APDProyectos Cia. Ltda.
Management Consulting industry
January 2010 – July 2011 (1 year 7 months)
- Successfully establish cooperation and distribution agreements with MOP Environmental Solution Inc., out of Bath, NH to become the exclusive distributor for Ecuador and Peru.
- Develop and implement a strategy to attract HSE and Corporate Responsibility international firms to have presence in Ecuador.
- Successfully establish a cooperation and representation agreement with PlexusEnergy, out of London, UK to become its Senior Associate for Ecuador.
- Offering HSE, Corporate and Social Responsibility consultancy services in Ecuador and abroad.
- Develop and successfully execute multi-million environmental-friendly real state developments in Ecuador.
THIS SHOULD BE YOUR CEO. I AM SURE HE IS NOT MAKING PHOTOSHOP PICTURES IN HIS SPARE TIME
I made major on that one. I knew it was coming and made it out well before the drop. I am learning. LOL.
$13 tomorrow IMO. Buy those dips and make those chips.
I was buying cheap shares on the dips. I think we will see $12 tomorrow IMO.
Follow a winner
THESE GUYS CALLED JAY LENO
http://www.natures-broom.com/
http://www.natures-broom.com/Contact
These guys are doing what Wayne should have been doing 2 years ago.
http://www.natures-broom.com/wheretobuy
They are even a Nascar sponsor
http://frankcicciracing.net/?page_id=12
http://www.meganreitenour.com/October21-2010.html
IT IS POSSIBLE TO DO WAYNE
$13 coming soon
Bought more before the bounce. $12 again soon in the rearview.
Ford Returns to Investment Grade After 6 Years
Ford Motor Co. (F) (F)’s credit rating was raised to investment grade today by Fitch Ratings, ending six years of so-called junk status for the second-largest U.S. automaker.
Fitch lifted Ford to BBB-, the first level of investment grade, from BB+, the ratings company said in a statement. Fitch first cut Ford’s rating below investment grade Dec. 19, 2005, as rising fuel prices began curtailing sales of sport-utility vehicles and pickups that accounted for most of the automaker’s profit.
Returning to investment grade (F) with Fitch and other ratings companies is one of Chief Executive Officer Alan Mulally’s goals. That would reduce Ford’s borrowing costs and permit it to recover collateral, including the company’s blue oval logo, used to obtain financing that enabled Ford to avoid bankruptcy.
“The upgrade of Ford’s ratings reflects the automaker’s significantly improved financial performance, balance sheet (F) repair, and product portfolio improvement that have taken place over the past several years,” Fitch said in the statement. “Since the last recession, Ford’s management has been heavily focused on increasing profitability, growing liquidity, lowering debt and reducing the company’s pension obligations.”
Fitch raised the issuer default rating of Ford and its finance unit, Ford Motor Credit, and said the outlook for both was stable.
Earlier Than Expected
“This upgrade has come at least several weeks earlier than our credit team had expected,” Adam Jonas, an analyst with Morgan Stanley, wrote in a note today. “Our credit team does not expect an upgrade from Standard & Poor’s within the next six months and thinks it is more likely that Moody moves Ford to investment grade within the next three months.”
Ford rose 1.5 percent to $11.52 at 11:32 a.m. New York time.
The move is “an important proof point of the continued progress” at the automaker, Bob Shanks, Ford’s chief financial officer, said in a statement. The company plans on “achieving strong investment grade ratings and maintaining investment grade throughout an economic cycle.”
Ford’s ended 2011 with its 11th consecutive (F) profitable quarter, with fourth-quarter net income of $13.6 billion, or $3.40 a share, compared with $190 million, or 5 cents, a year earlier. Ford earned $29.5 billion in the last three years after $30.1 billion in losses from 2006 through 2008.
Ford resumed paying a dividend last month following a five- year suspension. The automaker March 14 declared a second- quarter dividend of 5 cents a share payable June 1 to shareholders of record on May 2.
‘Natural Next Step’
“This is just the natural next step for the company,” said Jody Lurie, a credit analyst at Janney Montgomery Scott LLC in Philadelphia. “The debt markets are pretty much seeing investment grade and have factored this in already.”
The upgrade “is an important milestone for the company and can have real strategic implications on the funding side,” Morgan Stanley’s Jonas wrote.
Credit-default swaps on Dearborn, Michigan-based Ford fell 25 basis points to 280 basis points as of 8:32 a.m. in New York, according to broker Phoenix Partners Group. That’s the biggest decline since Nov. 30 and the lowest level since April 6, according to prices compiled by Bloomberg.
Ford borrowed $23.4 billion in late 2006 by putting up all major assets as collateral. That helped the automaker avoid the bailouts and bankruptcies that befell the predecessors of General Motors Co. (GM) (GM) and Chrysler Group LLC in 2009.
‘Rallying Cry’
To recover that collateral, Ford must receive an investment-grade credit rating from two major rating companies.
“Getting the collateral back, getting the blue oval back has been a huge rallying cry and one that we all feel emotionally connected to,” Neil Schloss, Ford’s treasurer, told reporters March 15. “Investment-grade companies feel better about themselves.”
Standard & Poor’s rates Ford BB+ and Moody’s Investors Service rates the automaker Ba1; each is one level below investment grade.
The credit upgrade “does help improve their borrowing costs by lowering interest rates,” said Efraim Levy, equity analyst with Standard & Poor’s Capital IQ in New York.
CEO Mulally turned around the automaker by globalizing operations, cutting costs, improving quality and expanding the lineup with fuel-efficient models such as the Fiesta subcompact.
Ford is “in a solid position to withstand the significant cyclical and secular pressures faced by the global auto industry,” Fitch said. The automaker faces risks including “ongoing uncertainty regarding the strength and pace of the global economic recovery, and the durability of global auto demand.”
cheapies today
They do use clay though and we know how Wayne feels about clay. LOL. Although they are a multimillion dollar company and MOP is not.
Wonder if these guys would consider partnering with MOP
PRESS RELEASE
April 18, 2012, 9:12 p.m. EDT
GSE Environmental Completes Refinancing of First Lien Credit Agreement
HOUSTON, Apr 18, 2012 (BUSINESS WIRE) -- GSE Environmental (the "Company" or "GSE") GSE +0.25% , a leading global manufacturer of highly engineered geosynthetic containment solutions for environmental protection and confinement applications, today announced it has raised $22.0 million of additional First Lien debt to repay in full $20.0 million of Second Lien debt and accrued interest and to pay fees and expenses in connection with the transaction. The Company estimates an annual interest expense savings of approximately $1.1 million associated with the refinancing.
Mark Arnold, GSE President and CEO, stated "The refinancing effort allows us to reduce our interest costs and provides increased financial flexibility to support our operational goals."
About GSE ENVIRONMENTAL
GSE is a global manufacturer and marketer of geosynthetic lining solutions, products and services used in the containment and management of solids, liquids, and gases for organizations engaged in waste management, mining, water, wastewater, and aquaculture.
GSE has a long history of manufacturing quality geosynthetic lining systems and developing innovative products. The company's principal products are polyethylene-based geomembranes, geonets, geocomposites, geosynthetic clay liners, concrete protection liners and vertical barriers. GSE manufactures products primarily to line or cap hazardous and non-hazardous waste landfills; contain materials generated in certain mining processes; and contain water, liquid waste and industrial products in ponds, tanks, reservoirs, sewers, and canals. Headquartered in Houston, Texas, USA, GSE maintains sales offices throughout the world and manufacturing facilities in the United States, Chile, Germany, Thailand and Egypt.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Such forward-looking statements are subject to certain risks and uncertainties, as disclosed by GSE from time to time in its filings with the Securities and Exchange Commission. As a result of these factors, GSE's actual results may differ materially from those indicated or implied by such forward-looking statements. Except as required by law, GSE disclaims any obligation to update such statements.
Risk factors that may cause actual results to differ materially from statements made in this press release can be found in GSE's Annual Report on Form 10-K, filed with the SEC on March 30, 2012. This document and other SEC filings are available under the Investor Relations section of GSE's website at www.gseworld.com .
SOURCE: GSE Environmental
Do we get paid for this?
MOP will begin marketing of the Kit most likely to be in demand our land-optimized 301-I kit with direct marketing to communities, utility companies and other businesses with a demonstrated need. MOP is also looking to its friends and supporters - what they term their "Stewardship Team" to help spread the word using Social Media, alerting their local police and fire departments, utility companies and retail auto and hardware stores as well as general retailers who now carry non-recyclable clay-based products."We're going nose to nose with the producers of clay - the silent menace to groundwater," said King. MOP sorbents are 100% recycled and 100% biodegradable. We intend to make sure that consumers know that using clay-based products to clean up oil spills requires treatment of the oil-soaked clay as a hazardous waste. Where the usage of MOP products are the safest for our environment and can be disposed as you would a paper towel or a leaf because our product biodegrades the oil and is itself biodegradable."
If people took profits when they were uncomfortable they would lose money. When the stock is going up and you are happy (comfortable) is when you start to take profits. In my opinion.
The mine in South Africa could be a real winner. HUGE POTENTIAL IMO.
The potential here is very good. Over a dollar soon IMO.
Take profits when you are comfortable.
(Reuters) - Ford Motor Co (F.N) is investing $760 million to build a new plant in eastern China as part of its effort to catch up with U.S. rival General Motors Co (GM.N) in the world's largest auto market.
Ford said the new plant in Hangzhou in Zhejiang province will initially boost the U.S. automaker's annual capacity in China by 250,000 vehicles when production begins in 2015. Construction is expected to begin later this year.
The announcement comes two weeks after Ford said it would invest $600 million to build a third plant at its Chongqing complex in southwest China and is part of the largest and fastest expansion by the company since the 1960s in North America and Europe. Ford has now announced or begun building eight assembly and powertrain plants in Asia.
"We're looking at this more than just this quarter or this calendar year," Ford's Asia chief, Joe Hinrichs, said in an interview. "We're looking at this as how does Ford set itself up for success for the next several decades in Asia Pacific.
"People say, 'Are you too late?' No," he added. "You get one chance to really come at the market with the full power of Ford's product portfolio, but you want to be able to look everybody in the eye and say you truly developed the vehicles for China so it does require some patience."
Ford expects industry sales in China to hit about 30 million vehicles by 2020, up from 18.5 million last year.
Ford has said that its growth plans in China are part of its effort to increase global sales by about 50 percent from 2010 to about 8 million vehicles annually by mid-decade. By 2020, it said, about one-third of its sales will come from the Asia Pacific and African regions.
Ford, which makes Fiesta, Focus, Mondeo and other sedans in China in a three-way tie-up with Chongqing Changan Automobile Co Ltd 000625.SZ and Japan's Mazda Motor Corp (7261.T), is a relative latecomer in China, where GM and Germany's Volkswagen AG (VOWG_p.DE) have a sizeable lead. Ford sold 320,658 vehicles in China last year, compared with VW's annual tally of 2.26 million and GM's 2.55 million.
DON'T PANIC
"Part of the reality of what we have today is that we have a very limited product portfolio in China," Hinrichs said.
"We made a conscious decision back in 2010 not to panic and go grab all the products around the world and put them into China right away," he added. "We made a conscious decision to wait to get into the early phase of the next generation of all of those global products and...then design the vehicles with the Chinese customers in mind."
Ford will gain market share as it rolls out new vehicles, he said, adding it won't happen overnight. He suggested Ford will be closer to full strength in China in 2015.
Hinrichs said there are so many automakers in China that he expects some shakeout in the industry over time, but he declined to predict which brands may suffer. Pricing pressure in high-volume segments that started last year continues among small and mid-sized cars, he said.
To narrow its sales gap, Ford has said it plans to bring 15 new vehicles and 20 engines to China by 2015, starting with the redesigned Focus small car that is set to hit Chinese showrooms in the second quarter. The company did not disclose what vehicle it will build in Hangzhou or at the third plant in Chongqing.
Ford has imported vehicles into China since the mid-1990s and formed its first joint venture there in 2001. Ford also holds 30 percent of Jiangling Motors Corp 000550.SZ, which makes Ford Transit vans.
The Hangzhou plant will increase Ford's production capacity in China to 1.2 million vehicles annually by 2015, including the Chongqing expansion. After opening a second plant in Chongqing six weeks ago to build the Focus models, Ford currently assembles 600,000 vehicles a year. Chongqing is home to Ford's largest factory complex outside southeastern Michigan.
By mid-decade, Ford, including both of its joint ventures, will have seven assembly plants, two engine plants and one transmission plant in China.
Ford said the Hangzhou plant in the wealthier coastal region that is the heart of the Chinese auto sector brings the company's total investment in China so far to almost $5 billion and allows it to diversify its Chinese manufacturing and also provide closer access to the country's affluent coastal cities.
By 2015, Ford has said it intends to more than double the number of dealerships in China from the 340 it had in 2010 and to double its workforce.
The rapid expansion in China led Ford to say this month that it would realize a "small loss" in Asia in the first quarter. Executives cited major investments in new products like the Focus and the new Chongqing plant, as well as the midsized Ford Ranger pickup truck in Asia and Africa. Ford said its Asian operations will be profitable for the full year in 2012, however.
Hinrichs, 45, has been viewed by many industry observers as one of the candidates to succeed Ford chief executive Alan Mulally. He declined to address the speculation, saying he was focused on his current job.
$13 soon again IMO
Woooooooooo!! I love this stock
Awesome late day jump
Yes just like EGS does I think. This is MOP but they call them EGS absorbents. Something good is going on somewhere atleast
http://enviroglobalsolutions.com/?page_id=150
Inclusive Energy seems to be connected to this man also who seems to be a big player.
http://ca.linkedin.com/pub/hasnain-habib/18/44a/7b1
This man's company with same names as Inclusive Energy site.
http://dev.jordanq.ca/about-us
If Bilal is hooked up with these types of people he may be able to get MOP going again.
I am getting excited again about Canada
Wayne?
This Looks New
http://www.inclusivenergy.com/sites/default/files/Inclusive_Energy_Brochure_0.pdf
Looks like new names added here too and they look like some big players in Pakistan
http://www.inclusivenergy.com/node/70
CHECK OUT THIS LAST GUY HERE JUST CAME ON WITH INCLUSIVE ENERGY IN MARCH 2012
http://ca.linkedin.com/in/khalidq
and his affiliated website
http://www.ch2m.com/corporate/
Look HERE
Same 2 names on Inclusive Energy staff page
http://khpgroup.ca/index.php?pid=2
Maybe Bilal is getting ready to go Global
Looks like 2 offices now too
http://www.inclusivenergy.com/contact-us
Fernando will be in the right position right now. That is why he should have been chosen as the CEO.
So no one likes the drone idea?
Long and strong
Looks like it was a good move. LOL