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Albert Alfonso  

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  • BreitBurn Energy Partners - Is The Worst Over? [View article]
    Pablomike,

    BBEP's debt tells you just how risky this name is. I wonder if someone with a lower cost of capital could come in and buy up the whole thing for ~$10 per share...
    May 6, 2015. 06:46 PM | 2 Likes Like |Link to Comment
  • Prospect Capital misses by $0.02, misses on total investment income [View news story]
    PSEC should post more misses like this. Stock is up 3% in AH trading.
    May 6, 2015. 05:28 PM | 6 Likes Like |Link to Comment
  • BreitBurn Energy Partners - Is The Worst Over? [View article]
    Another 50% drop in oil? Based on what? Supplies in the US are already shrinking.
    May 6, 2015. 04:38 PM | 6 Likes Like |Link to Comment
  • BreitBurn Energy Partners - Is The Worst Over? [View article]
    gawilley,

    That is why I refer to the stock as highly speculative and high risk. There is no telling what happens after 2016 if oil does not recover. Nevertheless, short to medium term, BBEP looks okay.
    May 6, 2015. 04:37 PM | 3 Likes Like |Link to Comment
  • JP Energy Partners: A Small Midstream MLP With 50% To 80% Upside [View article]
    Jeff,

    Let us worry about 50/50 IDRs when we get there. Right now, no IDRs are going to the GP. Arclight is getting Republic ready for operations and both AMID and JPEP have that transaction budgeted in for Q3-Q4 2015.
    May 6, 2015. 12:01 PM | 3 Likes Like |Link to Comment
  • Strong Hedges Protect Memorial Production Partners During A Volatile Quarter [View article]
    Peteresmond,

    They are guiding for a 1.05x FY coverage ratio. Though they need to get the LOE cost cuts rolling in.
    May 6, 2015. 11:51 AM | Likes Like |Link to Comment
  • American Capital Agency: The Sky Is Not Falling [View article]
    Bruce,

    I got a lot of heat back in 2013 when I told everyone to avoid ARR. Never understood why they get the benefit of the doubt. They do not even have a full-time CFO/IR guy. I've sent emails to them and not once have they replied. Tells you what they think of us small-time investors...
    May 6, 2015. 11:49 AM | 3 Likes Like |Link to Comment
  • Strong Hedges Protect Memorial Production Partners During A Volatile Quarter [View article]
    Griffin Mungus,

    Oil at $43 per bbl can do that. They also had some higher one-time costs (interest and G&A) which impacted the coverage ratio.
    May 6, 2015. 11:19 AM | Likes Like |Link to Comment
  • American Capital Agency: The Sky Is Not Falling [View article]
    tony8900,

    You would think the "debt-like" preferred stocks would get crushed if the common were having major problems. I think this tells us that the market is overreacting.
    May 6, 2015. 10:33 AM | 2 Likes Like |Link to Comment
  • Expect Hard Times 'Short Term' For Williams Companies [View article]
    Note sure If I agree on the pace of dividend growth. Assuming the $2.38 per share target is hit, the dividends in 2015 from Q1 to Q4 should be as follows $0.58, $0.59, $0.60, and $0.61. This comes out to exactly $2.38, In other words, from Q1 to Q4, the dividend would grow by 5.2%, not 2% as highlighted in this article.
    May 5, 2015. 07:48 AM | 2 Likes Like |Link to Comment
  • ARMOUR Residential REIT Is A Total Return Nightmare [View article]
    T-42,

    What is happening at ARR is not at all representative for the entire sector. I've owned plenty of other mREITs and they have given me positive returns for years. ARR is under-performing its peers by a country mile. They are the outlier, not the rule.
    May 5, 2015. 06:23 AM | 4 Likes Like |Link to Comment
  • Rough quarter for Javelin Mortgage [View news story]
    Wow, what a poor quarter. No redeeming qualities with this name. It sure tells you how a badly run mREIT performs in this market. Annualized total return for JMI in Q1: -9% Q/Q, compared to AGNC's +7%, a 16% spread.
    May 5, 2015. 12:02 AM | Likes Like |Link to Comment
  • ARMOUR Residential REIT Is A Total Return Nightmare [View article]
    Bob Baron,

    They are a money losing machine. Chart shows that they have not posted a positive return even over 5 years event WITH dividends.
    May 4, 2015. 11:49 PM | Likes Like |Link to Comment
  • ARMOUR Residential REIT Is A Total Return Nightmare [View article]
    KCCO,

    ARR posted horrible results. I see no reason to buy. So many other mREITs out there with much safer risk/rewards profiles.
    May 4, 2015. 11:47 PM | 1 Like Like |Link to Comment
  • Expect Strong Dividend Growth From Williams Companies [View article]
    royk01,

    You are right in theory, WMB is just another way to own WPZ. However, WMB is a dividend paying c-corp, not a MLP. This gives its certain tax characteristics which may make it more attractive for investors. Furthermore, WMB is projecting a faster dividend growth rate.
    May 4, 2015. 03:09 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
2,290 Comments
3,200 Likes