GBA Presents: RADIO SAVANT-!

good reporting here-

Morgan Stanley not sure where Europe will get diesel, post Russian embargo
Jun. 07, 2022 12:44 PM ETPSX, MPC, VLO, REPYY, SAAFY, NTOIF, STNG, USO By: Nathan Allen, SA News Editor
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  • Europe has announced measures to phase out Russian oil (USO) imports in 2022; however, the impact on global supply and demand could be limited, as seaborne exports re-route to other markets.
  • Importantly, Europe also plans to ban distillate imports (heating oil, diesel, jet fuel); a much more niche seaborne product.
  • Over 50% of crude is sold on the seaborne market, with ships frequently traveling between continents on average voyages lasting 28 days; only 25% of global distillate production is sold on the seaborne market, via shorter regional routes lasting on average 15 days, according to Morgan Stanley.
  • Morgan Stanley's concern, which the bank shared in a note Tuesday, is that Russia accounts for the vast majority of European distillate imports, while the remaining imports sail from destinations in the Middle East and India.
  • As Europe phases out Russian distillate imports, shipping markets may be unable to provide the required transport to re-route Russian volumes, leading Russian refiners to reduce runs and further decrease global distillate supplies.
  • It's an interesting hypothesis -- product tankers like Scorpio (STNG) would stand to benefit, as would European refiners like Neste (OTCPK:NTOIF), Saras (OTCPK:SAAFY) and Repsol (OTCQX:REPYY); less directly, US refiners like Valero (VLO), Marathon (MPC) and Philips (PSX) would benefit from reduced Russian refining runs, likely leading to sustained record profitability in Q2 and beyond.
 
1 whole year ago you could of bought DBI Designer Brands exactly where it trades now-- I don't know what to make of that. This stock needs more attention. It's not good. After a year you would think you would be up a smidge... why hold the damn thing.>>>


…majority of our customer base has a household income over $100,000. So we haven't felt perhaps some of the same pressures that others have from a customer. Source: Q1 2022 Earnings Call Transcript

After focusing on digitalization and e-Commerce operations since FY2019, DBI came back strongly in this recovery from the pandemic, and according to management, they are encountering strong growth in market share in the footwear industry.

We have gained significant market share in the first quarter. According to the NPD Group, DSW's dollar growth outpaced the remaining total footwear market dollar growth by 15 percentage points for the first quarter. Additionally, DSW grew dollar sales faster than the remaining market in men's, women's and kids. We are particularly excited about the growth that we are seeing in our fashion assortment.

According to the NPD Group, DSW grew sales in fashion footwear 4x faster than the remaining market, resulting in market share gains.

Source: Q1 2022 Earnings Call Transcript

All about margins and market share in retail.>

I don't see DSW having margin problems.. I mean you stick a pair of shoes in a bin and you're done... And if they are stealing share that will show up next report.... But since we know ultimately the stock will go nowhere wait till a big pull in for the market but before their next report and Buy Van's DSW!
 
Jeff Mills is very smart. He's been on CNBC a bunch lately good for them-- we need this guy except he blasted my solar stock yesterday- angry dude.. but he's good.. he likes FORD.

I agree.
 
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