hamletstuff @hamletstuff

@DOMOCAPITAL So my simplistic calcs suggest ~15c earnings in Q2 ignoring derivatives. Which is good vs. -15c. That would give a trailing earnings ratio of ~8 based on current prices? Derivatives can make a big difference in the headline nbrs as usual. Do you have an earnings prediction for Q2

@Dodgers @securitybenefit Not knocking Shohei. Just a curious situation. Shows how low the era was to begin with.

@Dodgers @securitybenefit Has anyone ever pitched for no hits and ended with a worse era than they started?

@DOMOCAPITAL Don't know if you have seen this: California eyes E85 conversion kits as gas prices climb share.google/uc7sPBYPiagQxG…

@DOMOCAPITAL I am pleasantly surprised even if the market isn't.

@DOMOCAPITAL It's an excellent article. Well done.

@RichardBentall @iealondon Now add in the tax rate for that median salary. It is 10-20% higher for the countries listed here compared to the US (10-15% US vs 20-40% Europe). This means in the US the median take home usable income is still $ks higher than any of the countries listed here.

@DOMOCAPITAL Agree on R2000. Q1 2025 had -19c earnings. We likely improve on that and maybe deliver > than the -8c forcast. But it will probably still be negative which will hurt optics given the hype. Margins were still poor for Jan/Feb and they also had equipment down for maintenance.

@DOMOCAPITAL For every 1 cent in added margin for the full quarter it is close to 0.8 cents in added profit per share.

@Norma5387953815 1758

@Jindo_1307979 15118

@DOMOCAPITAL I mean if they repeated this quarters earnings for a full year they would have a p/e ratio of 2. But Alto's problem has always been consistency.

@SecDuffy Two ideas: Stop cities from outlawing Airbnbs. They are often the best option for families. Allow all campgrounds to have one family regardless of size. We have 6 kids and frequently have to get 2 campsites because of 6 person limits.

@DOMOCAPITAL But if they were honest that it was just ~$4m in hedging losses, there is still $15M+ in losses from miscellaneous operating issues. The fact they can't point to one thing but that it was a confluence of many small things is sort of the definition of mismanagement, unfortunately.

@DOMOCAPITAL I think part of your story is correct. After reading the transcript carefully, they lock/hedge corn prices in Q4 of 2022 and then mark-to-market the prices of those hedges each quarter. Corn prices were around $6.8 when they hedged and around $4.8 in Q3. That's a sig. markdown.

@DOMOCAPITAL I do think finance guy became CEO and started to play with hedges and got burned. And they are obfuscating how badly it went. Hopefully he learned his lesson?

@DOMOCAPITAL It's a good story and I want to believe it. But they produced 18.6M specialty gallons compared to 23.3M q3 2022. 4.7M difference can't account for $20M+ in list revenue. Also they have been under producing at that same rate all year compared to last year.

@DOMOCAPITAL In fact at 84% capacity utilization they are at or above their normal operating rate. So it doesn't seem they under produced at all.

@OneMileataTime I’d love to spend Christmas at St Regis Princeville #spgamexOneMile