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Akaralph

 
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  • Medley Capital: An Attractive Hedge For BDC Portfolios [View article]
    Got That Swing-

    Wouldn't give RH credit for being a "titan".

    With MCC at 12.36 and the shorts having to pay one, or two quarters of .37 dividends (Dec/Feb) a 5 - 10% drop is not going to equate to much of a profit.

    Having owned MCC in the past (on the sidelines for a few months) and noting how each quarter's NII sufficiently covers the dividend, I will hope this hatchet job drops the price back to a good entry point.
    Sep 16 01:12 PM | 6 Likes Like |Link to Comment
  • Oryx Petroleum: An Outsized And Compelling Risk/Reward Proposition [View article]
    Michael -

    This article from CNBC's site today would seem to imply that ISIS is getting oil out of Kurdistan.

    http://cnb.cx/1qASFXe
    Sep 14 02:41 PM | Likes Like |Link to Comment
  • Oryx Petroleum: An Outsized And Compelling Risk/Reward Proposition [View article]
    Michael-

    Stability in Iraq is relative. What is stable today can be very unstable tomorrow.

    I guess the point is - why take this type of risk at all? There are much better E&P's as close as Canada; and many are paying dividends.
    Sep 13 12:22 PM | Likes Like |Link to Comment
  • Oryx Petroleum: An Outsized And Compelling Risk/Reward Proposition [View article]
    Michael -

    I sincerely hope that we wipe ISIS from the face of the planet; but I really doubt it. It is more likely that we give them North Dakota if they promise to be good boys and girls.
    Sep 12 07:07 PM | Likes Like |Link to Comment
  • Oryx Petroleum: An Outsized And Compelling Risk/Reward Proposition [View article]
    Michael-

    "By the time you read this article, you will likely either watch or have heard of President Obama's address to the nation Wednesday night in which he ordered air-strikes on ISIS in Syria. This is a game changer. Obama, who has been quoted as saying the US will "degrade and destroy" ISIS, also asked for $500 million to arm and train "moderate" Syrian rebels to help combat ISIS. He will also send an additional 475 US advisors to Iraq."

    Nice to see you injecting a bit of humor into this article, particularly the "game changer" part.

    My guess is that by now ISIS is controlling oil production in the portion of Iraq. With Germany, Great Britain and some of the Middle East countries backing down Oryx is an extremely high risk speculation.

    The article is quite informative though - thanks for writing it.
    Sep 12 10:14 AM | Likes Like |Link to Comment
  • Should You Buy Transocean Ltd. Or Transocean Partners LLC? [View article]
    According to your disclosure you do not own either RIG or RIGP. When do you plan on buying RIGP?
    Sep 12 09:02 AM | 3 Likes Like |Link to Comment
  • Long Run Exploration: Cheap Canadian E&P With Huge 8.4% Yield [View article]
    Good article - one correction. Surge's dividend has just increased to $.05/Mo. Present yield is just under 8.6%.
    Sep 11 12:28 PM | 1 Like Like |Link to Comment
  • 9% Yield And 50% Upside At Bluerock Residential Growth REIT [View article]
    BRG worth watching, but with two straight quarters of negative FFO there are far better places to invest.

    I know that Yahoo's estimates are sometimes way out of line, but they are showing $1.03 for next year, which, if realized would probably trigger a dividend cut.
    Sep 10 03:38 PM | Likes Like |Link to Comment
  • Building An Income Portfolio With Closed-End Funds. Part 1: Real Estate [View article]
    Very good article.

    A couple of comments. JRI is really more of a global infrastructure CEF than a REIT CEF. The majority of its holdings are utilities and energy, with some REITs. It is a great play on all of the sectors however, if it would only drop a bit.

    JRS is selling at close to its greatest discount to NAV, and definitely has a place in a REIT portfolio, together with RQI.

    One strategy for buying CEF's is to watch the discount. The first buying indicator is when the current discount is greater than the 52 week average discount. A CEF becomes a solid buy when the current discount becomes greater than the 52 week low discount. JRS is very close at this point.
    Sep 9 02:07 PM | Likes Like |Link to Comment
  • Why There May Be Cause For Concern Over Seadrill's Dividend [View article]
    Bob -

    It is not a personal attack (and I did not mean it that way) when an author publishes incorrect facts in an article as you did (I, and many others caught them all).

    And, thank you for the "great job" compliment.
    Sep 8 05:42 PM | 4 Likes Like |Link to Comment
  • Why There May Be Cause For Concern Over Seadrill's Dividend [View article]
    Mad -

    Amen
    Sep 8 05:38 PM | 1 Like Like |Link to Comment
  • Why There May Be Cause For Concern Over Seadrill's Dividend [View article]
    fsoriano -

    When SDRL announced the special dividends they stated each was a one time, one quarter payment, so you cannot correctly say the next quarter after these were paid was a dividend cut.

    I will reiterate that once SDRL began to pay a "regular" quarterly dividend they have never cut it.
    Sep 8 05:25 PM | 2 Likes Like |Link to Comment
  • Why There May Be Cause For Concern Over Seadrill's Dividend [View article]
    fsoriano -

    I believe that SDRL began paying a regular quarterly dividend in 11/09 ($.47). Since that date, it has NEVER cut the dividend. They paid special dividends in Q4 of 2010 and in Q1 of 2012 - I think you are referring to these as dividend cuts.
    Sep 8 02:35 PM | 2 Likes Like |Link to Comment
  • Why There May Be Cause For Concern Over Seadrill's Dividend [View article]
    Mad -

    I would not give the author credit for today's drop in SDRL's price. Cannacord downgraded it and there was a negative article in Barron's.

    If an article on SA by a college kid could move the stock, I would be quite surprised.
    Sep 8 01:27 PM | 6 Likes Like |Link to Comment
  • Why There May Be Cause For Concern Over Seadrill's Dividend [View article]
    Bob-

    You also have no idea as to the age of SRDL's rigs - their fleet is probably the newest out there.

    Their debt levels are well known, as is their $20 billion backlog.
    Sep 8 01:05 PM | 14 Likes Like |Link to Comment
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