Robin Allan, chairman of UK's independent explorers' association Brindex, says the price decline meant the "North Sea was close to collapse". While Allan's assertion that no new North Sea projects would be profitable below $60 stacks up, his fears of a collapse are daft.
Well, it will become easier to address the most profitable part of the stack — lending — without getting into the herculean and quixotic path of payments.
But history says that "you have to question whether these asset classes are going to be among the more profitable ones over next 12 to 24 months," Mr. Stack said.
First it was a stack of cash, and then Nucky's profitable land in South Jersey.
Under a pay-per-click model, banner farms are no longer profitable: Few to no users click on fast-disappearing, stacked, or invisible ads, so a fraudster would gain little through such trickery.
The court heard that Reilly, a geology graduate from Birmingham University, was made to sweep floors and stack shelves at Poundland, which was described as a profitable company with a £500m turnover.
Then, in a romantic but possibly also profitable sally, six-level "tower houses" are provided, with smallish storeys stacked on top of each other in Tuscan-looking pillars which are eventually to be wrapped in ivy.
Economic analysis showed that for tomato crop, currently the cost of greenhouse construction (without north wall stacks) can be recovered after five years time but with simultaneous nursery raising on the north wall, the whole investment cost (greenhouse and stacks) can be recovered in less than two year's time and thereafter it becomes a profitable venture.
"In most cases over the past 50 years, profitable gains were still available for seven to 12 months longer until subsequent rate hikes started to take their toll," observes Stack, citing data from the past ten tightening cycles.
Companies must understand the most profitable customer segments, how their behaviors and preferences have changed over time, the products and channels they use, and how they stack up against the competition in each area.
