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Albert Alfonso

 
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  • Baytex Energy Sells Its Bakken Assets [View article]
    They were too small a part of the combined company to make a difference. Less than 5% of production.
    Jul 31 04:16 PM | 1 Like Like |Link to Comment
  • Windstream: Dividend Cut 30%, Stock Rallies 12% [View article]
    Sonia,

    WIN has been paying out more than 100% of its FCF in dividends since 2013. The writing was on the wall. Management did a good job in spinning this as a positive.
    Jul 30 10:22 PM | 1 Like Like |Link to Comment
  • Penn West: The Chickens Have Come Home To Roost [View article]
    Great list.

    ERF is a great turnaround story. Huge Marcellus growth.

    BTE is a "steady eddy" heavy oil producer which recently boosted its dividend 9%.

    PBA is probably the least known growth midstream in North America. I used to be long and sadly sold too soon.
    Jul 30 07:13 PM | 2 Likes Like |Link to Comment
  • Penn West: The Chickens Have Come Home To Roost [View article]
    Brian,

    The company noted that it may need to lower current year FFO estimates. The Globe & Mail reported that these issues go back up to 4 years.
    Jul 30 01:21 PM | Likes Like |Link to Comment
  • Penn West: The Chickens Have Come Home To Roost [View article]
    fliper,

    I wish I was as positive. I can no longer trust the numbers with PWE. What is PWE's NAV now? How far back do these issues go? Lots of questions, no real answers unfortunately.
    Jul 30 07:55 AM | 1 Like Like |Link to Comment
  • Penn West: The Chickens Have Come Home To Roost [View article]
    Marco,

    Do you have some facts backing up your claim regarding PGH?

    As for the journalism dig, you seem to be missing the point. I write about stocks that I find interesting.

    If I were in in for the money you would see me write about Apple, tesla, netflix, etc. How many people do you really think read about Canadian income stocks?
    Jul 30 07:51 AM | 13 Likes Like |Link to Comment
  • American Realty Capital Properties: A Solid Choice For Income [View article]
    curtlevy,

    I am long ARCP and think the Red Lobster deal is a good one. Very profitable and accretive for shareholders. I am merely stating the most recent numbers available for Red Lobster from Darden's 10-Q which had same-store sales down over 9% y/y.
    Jul 29 10:18 PM | 1 Like Like |Link to Comment
  • American Realty Capital Properties: A Solid Choice For Income [View article]
    Vandooman,

    A few theories I have:

    Short trading history as a public company

    Massive growth in a short time period

    Overpaid senior management

    Lower quality tenant base
    Jul 29 08:05 PM | Likes Like |Link to Comment
  • American Realty Capital Properties: A Solid Choice For Income [View article]
    From bloomberg: http://bloom.bg/UJo0Zf

    “We now believe the sale of the multitenant portfolio will deliver the best value-creation option to our shareholders and serve to enhance the clarity of our single-tenant, net lease investment strategy,” Schorsch said in today’s statement.

    American Realty was wise to switch strategies because Blackstone probably is paying more for the properties than the company would have gotten in the public markets, Lachance said. Investors would have discounted American Realty Capital Centers because plans called for it to be externally managed, a structure that is “unattractive because management is not appropriately aligned with shareholders,” he said.

    The $1.98 billion Blackstone agreed to pay is marginally less than the properties’ open-market value, reflecting a “large check-writer’s discount,” he said. That price is still significantly higher than what the spinoff would have raised, according to the analyst.

    “All this serves to recapitalize the company, and puts the company in a position to continue to aggressively buy assets,” Lachance said.
    Jul 29 07:37 PM | Likes Like |Link to Comment
  • American Realty Capital Properties: A Solid Choice For Income [View article]
    JaxTom,

    You are referring to the canceled mall spin-off? From what I have read, ARCP was not happy with the IPO pricing. It felt a sale to Blackstone (NYSE:BX) would bring out more shareholder value. It may likely be company spin however.
    Jul 29 07:21 PM | 1 Like Like |Link to Comment
  • Update: An Impressive Quarter For American Capital Agency Corp [View article]
    Rich,

    The intro is there for readers to get a quick summary of the article without needing to read the whole thing.
    Jul 29 02:16 PM | 2 Likes Like |Link to Comment
  • BreitBurn Energy Partners: QR Energy Is A Good Fit [View article]
    The title did not have a question, just a statement. IMO, QRE is a good fit for BBEP. It diversifies the asset base and adds oil exposure.
    Jul 28 06:02 PM | 1 Like Like |Link to Comment
  • BreitBurn Energy Partners: QR Energy Is A Good Fit [View article]
    Bullsbearpigs,

    Not sure what you are trying to say. I suggested investors in QRE to take some profits. My opinion has not changed.
    Jul 28 06:01 PM | Likes Like |Link to Comment
  • American Capital +1.3% after reporting a big Q2 [View news story]
    Excellent quarter for (NASDAQ:AGNC).
    Jul 28 05:52 PM | Likes Like |Link to Comment
  • Realty Income: Stability Is The Name Of The Game For This Dividend Champ [View article]
    docx2,

    (NYSE:O) at under $40 would be great. I doubt we'll get there though. Last time was via an equity offering.
    Jul 28 01:47 PM | 1 Like Like |Link to Comment
COMMENTS STATS
1,377 Comments
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