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Transocean Ltd (RIG)

NYSE
Symbol
Exchange
Currency
RIGNYSEUSD
RIGNMexicoMXN
Currency in USD
Disclaimer
5.170
-0.240(-4.44%)
Closed
Pre Market
5.160-0.010(-0.19%)

RIG Comments

https://seekingalpha.com/news/3637733-transocean-wins-two-contract-extensions-from-petrobras
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1.8
non gridiamo vittoria la strada é ancora molto lunga e in salita. Vedremo
So where are those who filed for bankruptcy today? There will be no bankruptcy here !!!
If you look at the History of Transocean do any of you experienced investors think that this could potentially get back up to prices over $6 like $15, or more?? Ik that oil availability is based on a natural phenomenon of resources. And often oil rigs will dry up or run out leading for a lack of oil. Hopefully if something like that happens it will be good for investing now, bad for gas prices
I've been asking myself the same question. there are so many variables right now from the price of oil, covid-19, and the president-elect, more C19 shut downs in our major cities, people still aren't traveling, people are still working from home and not commuting, oil producers are still tearing down and parking rigs and cutting costs instead of setting up, and the potential president-elect brings with him at administration that is extremely against oil production. sounds like a game of russian roulette, with 5 bullets instead of 1 to me but we will see.with that said I tend to allow "what if" make decisions for me over logic. but what if?
Even 6 is good for me like free money hehe
your concerns are valid. however oil is being speculated as HOT market after April 2021, since we have vaccine and also COVID gets easy. Transocean should start receiving contracts by end of December or early Jan as budget opens. it takes them many months and couple of years to build the RIG in deep water. Oil companies will start preparing for the huge demand next year in summar and in 2022.
Just Bought 1000shares and leave it until....forever lol
Good decision! You will double your money soon!
Casinos offer better odds.
long term
1
RIG $1.10, OIH $119.51 @ Close!
Can this stock hit 15usd next year?
easily 10x potential
I think so, too - as soon as the oil finally stabilizes (and I think it could happen "relatively soon"), Rig should go rocket-fast straight to heaven...So I truly agree that now it is shopping at discount - cause what more to want for 1 dollar a share: assets - debt = ca. equity is almost 20 dollars a piece (It is true, that the assets are now wanted these days, but still, that is pretty pretty much undervalued - even when the situation is taken into account) and in these - hard times, the company makes profit, which is absolutely extraordinary and suggest that when oil will cost two-times more the profits can rise multiple times (> twice) (cause the difference between costs and revenues depends not only on the size of the income, but also on the cost, which can be approx. fixed) - every quarter of year . Like what more to want from
... did you read the same 10q I just got finished reading? "Assets are now wanted these days?" ... I read of impairments and lower day rates and write downs.
 If it was on me - I didn't. I have judged mainly from the recent oversupply of oil and its uncertain prices and from the yields of Rig shown in quarter stats. But perhaps the situation has changed (with the vaccine behind the door) and the charts - oil & our Rig will finally start to turn green.
highly undervalued stock
report was good
May I ask, did I understand well from tab at Transocean website, that net earnings per share were > 50 cents ? (If so, it should jump a ****of a lot :-) Thank for answer in advance.
I think after bad earnings report this is going down.... Any idea?
suprise 15%
Is it still rising before bankruptcy? There will be no bankruptcy here! Now you need to shop at a discount!
Maybe it comes more low
RIG $0.69, OIH $92.59 @ Close!
all time low
Donald Trump is a smart man.
RIG $0.82, OIH $100.43 @ Close!
20 days before RIG bankruptcy
About a month ago, the stock was fixed at 80 cents despite its red appearance and despite (big sell) I don't have enough experience in the money market but my explanation for that stability is just that it's a strong stock and the rise will just stop the big sell-off, supported by the company's huge financial liquidity.
There is no indication that this is a strong stock. Hovering at a historic low, while S&P 500 just off record highs. Even the sector as depicted by the OIH stronger on a relative strength basis.
Its not a strong stock
22 days before RIG bankruptcy
RIG $0.81, OIH $102.34 ... Be alert for short covering bounce!
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