Seeking Alpha

Akaralph

 
View as an RSS Feed
View Akaralph's Comments BY TICKER:
Latest comments  |  Highest rated
  • Seadrill: Come To Daddy [View article]
    I believe this point has been shown to be pretty invalid.
    Jun 25, 2014. 10:03 AM | 32 Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    Between AGNC and PSEC your risk level is exceedingly high.

    AGNC has had multiple dividend cuts, their historic BV has decreased, spreads are tightening and, as an mREIT any interest rate increase will portend further disaster.

    PSEC's NII has failed to cover their dividend for several quarters now, and their are much better BDC's out there (MCC and TCPC to name just two).

    I suggest you reduce your allocation to AGNC and the mREIT sector to 10% or less and consider selling PSEC and replacing it with other BDC's. Keep the BDC exposure to about 10% also.

    Look at midstream MLP's, eREITs and some exposure to closed-end funds or you might find yourself in the world of hurt.
    Jul 24, 2014. 01:51 PM | 31 Likes Like |Link to Comment
  • Five Risks Of MLP Investing [View article]
    First of all, MLPs have secondaries for the express purpose of paying down debt or for capital projects - that is the way they do business.

    Secondly, the upstream MLPs have hedges in place to offset (or guarantee) prices they receive for the underlying commodities.

    Thirdly, most MLPs increase payouts based upon dropdowns from the GP.

    Fourth, MLPs pay Distributions, not dividends.

    Fifth, you neglect to mention anything about DCF and coverage ratios, the most important metrics for evaluating MLPs.

    Finally, and I am not trying to be mean, but you need to learn a little more about MLPs before writing about them.
    Mar 1, 2013. 02:12 PM | 29 Likes Like |Link to Comment
  • Do Bears Have It Right About Seadrill? [View article]
    Million -

    Yes, and oil and natural gas as energy sources will soon be replaced by animal flatulence.
    Nov 6, 2014. 03:38 PM | 26 Likes Like |Link to Comment
  • Seadrill Management Is Too Focused On The Stock [View article]
    Remember, this author has six whole years as an investor.
    Jul 14, 2014. 07:41 AM | 24 Likes Like |Link to Comment
  • Tax Changes Coming - Master Limited Partnerships And REITs Advantages At Risk [View article]
    The title of your article "Tax Changes Coming" implies this to be a foregone conclusion. This has been brought up, discussed and dismissed every year.

    Do a bit more research before taking something out of context from a politician's statement before turning it into an article.
    Dec 4, 2014. 12:11 PM | 22 Likes Like |Link to Comment
  • Retirement Strategy: It Is A Correction, Not A Crash [View article]
    Experience has taught that the markets always go lower than expected and always go higher than expected.
    Oct 10, 2014. 12:11 PM | 21 Likes Like |Link to Comment
  • The REIT Way To Become A Disciplined Dividend Investor [View article]
    Continue to enjoy your articles Brad.

    One suggestion - please stop bragging on Donald Trump. He has built his wealth on Daddy's money, and if I am not mistaken he has bankrupted a number of times. Not exactly a financial role model.
    Nov 11, 2013. 08:30 AM | 21 Likes Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    At some point, the craziness of printing money 24/7 is going to result in inflation that will make the Carter years look like a picnic.

    As wyostocks says, all you have to do is to look at how packaging of groceries has changed. Everything is being reduced in size, content and prices continue to rise. Anyone believing that inflation is less than 2% should have their heads examined!
    Oct 31, 2013. 11:40 AM | 20 Likes Like |Link to Comment
  • How Inflation Could Happen In The U.S. [View article]
    Not trying to be impolite - but to say that government data is "remarkably accurate" when they perpetrate "the big lie" on a continuing basis is to be naive at best.
    Feb 23, 2013. 11:37 AM | 20 Likes Like |Link to Comment
  • Buy Alon USA Partners For 26.2% Dividend Yield [View article]
    When you lose your job at McDonald's you can always become a protester. I hear that the North Dakota oilfields are great this time of year.
    Dec 6, 2012. 08:29 AM | 20 Likes Like |Link to Comment
  • Emerge Energy: Looking A Little Vulnerable [View article]
    You neglect to mention that EMES is an MLP and SLCA is not - they are evaluated differently.

    With an MLP you need to look at DCF, the coverage ratio and equally important the debt to EBITDA ratio.

    EMES DCF has been increasing Q over Q, the Q3 coverage ratio is 1.16X and the debt/EBITDA ratio is 1.75X (anything below 4.0X is good).

    Might want to read up on MLP's.
    Dec 14, 2014. 03:35 PM | 19 Likes Like |Link to Comment
  • Why There May Be Cause For Concern Over Seadrill's Dividend [View article]
    Another negative SDRL article - these are always good for PV's, and that is about all.

    By the way, the last four distributions were: .95, .98, 1.00 and 1.00.

    I guess they no longer teach math in college.
    Sep 8, 2014. 09:47 AM | 19 Likes Like |Link to Comment
  • Dividend Stocks: Lose-Lose-Lose Proposition In Intermediate Term [View article]
    We dividend disciples are far too busy recording monthly and quarterly payments and being pleased with dividend hikes to bother with that.
    Jun 7, 2013. 02:38 PM | 19 Likes Like |Link to Comment
  • Hold Your Nose And Start Buying Royalty Trusts [View article]
    "Trust" me - oil prices will probably remain low for several months to possibly a year. I don't think we have seen the lows by any stretch. You will probably see much lower prices on Enduro, and most probably dividend reductions or elimination.
    Nov 29, 2014. 09:36 AM | 18 Likes Like |Link to Comment
COMMENTS STATS
1,876 Comments
3,549 Likes