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Albert Alfonso  

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  • Activision Blizzard: Q1 Was Not That Strong [View article]
    Don't count out ATVI so quickly. They've just devolved two major hits in Hearthstone and Heroes of the Storm, both of which are in segments where they had limited past experience. This is the AAA stock in the sector and deserves a premium to the likes of EA.
    May 27, 2015. 03:35 PM | Likes Like |Link to Comment
  • MLP conference marred by notable no-shows, analyst says [View news story]
    Maybe its because KMI/WMB are no longer MLPs? The GP/MLP structure is going the way of the dodo.
    May 27, 2015. 12:57 PM | 15 Likes Like |Link to Comment
  • Northern Tier Energy Is Performing Well, Despite Lower Oil Prices [View article]
    Gary,

    CVRR has a more "lumpy" distribution. They were on sale earlier in the year, though have recovered. Not sure on why they trade at a discount.
    May 27, 2015. 11:04 AM | Likes Like |Link to Comment
  • Atlas Resource Partners: Don't Buy The Dip [View article]
    ARP is not "dying". They are just suffering from the general decline in E&P stocks due to the strong dollar and putting out too much equity out there. I'll repeat that I like ARP-D and ARP-E more than the common, I'll gladly trade some yield away from less risk. A 12% return on debt like equity is compelling enough.
    May 27, 2015. 10:42 AM | Likes Like |Link to Comment
  • Northern Tier Energy Is Performing Well, Despite Lower Oil Prices [View article]
    petergo007,

    They have insurance. However, a even a small fire would result in a drop in distributions. This happened in 2013 which resulted in the $0.31/$0.41 distributions in Q3/Q4.
    May 27, 2015. 07:37 AM | Likes Like |Link to Comment
  • Northern Tier Energy Is Performing Well, Despite Lower Oil Prices [View article]
    Yup, the single refinery has me worried. A fire, which happens frequently in refineries, could result in no distribution for many quarters. As a result, this is a high-risk, high-reward, investment.
    May 27, 2015. 12:59 AM | Likes Like |Link to Comment
  • Northern Tier Energy Is Performing Well, Despite Lower Oil Prices [View article]
    Anasazi101,

    The WNR ownership is a wildcard. I think we'll see either them dropdown assets or buyout NTI.
    May 26, 2015. 11:46 PM | 1 Like Like |Link to Comment
  • Northern Tier Energy Is Performing Well, Despite Lower Oil Prices [View article]
    dhdhoora,

    I am sandbagging a bit. NTI should return at least 10%, though ~15% returns have been the norm.
    May 26, 2015. 11:43 PM | Likes Like |Link to Comment
  • A Few Thoughts On Textainer Group Holdings [View article]
    Random Logic,

    Is that data adjusted for the Chinese new year? That is the large spike and fall in the charts. Container traffic growth is usually inline with global GDP.
    May 26, 2015. 01:57 PM | 1 Like Like |Link to Comment
  • Ellington Financial: On The Road To Recovery [View article]
    mikelp,

    IRAs and UBTI do not mix well. Not sure on what happens if you exceed the limit. I hold EFC in a taxable account. No issues there.
    May 26, 2015. 11:41 AM | Likes Like |Link to Comment
  • Plains GP Holdings: Waiting For A Pullback [View article]
    BAC219,

    Depends on how the buyout is structured. With KMI/WMB, it was a taxable event.
    May 26, 2015. 10:09 AM | Likes Like |Link to Comment
  • Plains All American Pipeline: The California Oil Spill Adds Considerable Downside Risk [View article]
    Anasazi101,

    Let them talk. Its better for long-term investors to have lower prices. Makes for a better return if re-investing dividends.
    May 26, 2015. 09:54 AM | Likes Like |Link to Comment
  • Plains GP Holdings: Waiting For A Pullback [View article]
    beaux,

    That are a LP according to their filings. PAGP has a very odd structure in place, taxed as a C-corp, but still paying distributions, not dividends.
    May 26, 2015. 09:36 AM | 1 Like Like |Link to Comment
  • Resource Capital Needs To Get Its Act Together [View article]
    MaryDeLaPoer,

    Natural causes? mREITs are trading at historically low valuations (0.80x book value). This has spread over to BDCs/ commercial REITs. Even with the book value declines, RSO has posted a ~7% annual return (dividends and book value changes) since 2013.
    May 26, 2015. 09:13 AM | Likes Like |Link to Comment
  • Plains All American Pipeline: The California Oil Spill Adds Considerable Downside Risk [View article]
    Owen Worley,

    A small update. Since this article was written, PAA has announced that much of the oil has been recovered. Still, a massive cleanup is ongoing. No telling how much this fiasco will cost.
    May 26, 2015. 08:29 AM | 1 Like Like |Link to Comment
COMMENTS STATS
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