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David Stafford
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Student of markets, enjoys following their course.
My book:
Around the World in Several Pieces
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  • A Quick Friday Fancy; Familiar Faces And Tricky Markets.

    Though the market is looking a touch tumultuous this fine morning there is some interesting activity none the less going on with some familiar faces to the "Friday Fancy" favorites per se.

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    Amongst the chaos and hurley-burley, none other than our old friend NRP seems to be in an interesting state per se. Though it is still in its relative trough per se in regards to long term prices, it does seem to be on the upswing today, even though some other interesting commodity plays per se, like timber companies in particular seem to be getting the short end of the stick as it were(RYN, and PCL, are down a decent amount this morning).

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    NRP has some interesting moving average dynamics going on in that its 20 day moving average has been dragged a touch lower by the recent trough in prices, and may present an attractive pick up opportunity per se, as it may be tempted to rise higher per se, if recent market machinations are so inclined,and it may be a good looking stock today one way or another.

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    NRP and the markets in general have none the less been witness to perhaps what might be described as "profit taking" or other non-fundamental related price activity per se as of late, so, factoring in the Iraqi situation in regards to oil prices, this may be a sort of tricky period for stocks, as in addition to this; presumably a bunch of multi-factor models out there have to be reconfigured or at least meditated upon per se, while what is meant by "kinetic action" per se in regards to the US response to the Iraq situation is taken into account, or better understood, along with its consequences per se, as in how long Iraqi oil may be in "jeopardy" per se.

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    Either way, NRP is at least showing some resilience in this sort of tricky market today, with some other stocks like Vale, and CSX if those are tempting to anyone, but either way, there's some interesting plays to add to one's portfolio potentially today if one feels so inclined, between railroads(NYSE:CSX), international mining(Vale) and commodity related leases(NYSE:NRP) there may be something in there for that sort of niche taste one may or may not have in regards to one's portfolio. For a quick wrap up of yields; CSX; 2.11%(not bad relative to the slightly lower dividend yield of UNP for example); Vale; 9.68%, and NRP; ~9.12%. So there's tasty rebounding in price yields if one so desires, and perhaps these sorts of stocks are always fun for the diversity they may add to one's portfolio as well, even in a potentially highly-correlated market per se.

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    Correlation or no, hopefully everyone's investing and yields on said investments are going well, one way or another, and thanks again for reading.

    With all of this subterranean/earthly stock discussion it may be appropriate to throw in a picture of Uncle Scrooge in said environ, so without further adieu here is some subterranean Scrooge action;

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    source; http://www.comicbookbrain.com/_imagery/2014-02-05/620/uncle-scrooge-shacktown-01.jpg

    Tags: Vale, NRP, CSX, UNP
    Jun 13 10:28 AM | Link | Comment!
  • Interesting Developments For Sberbank And Ukraine.

    Since many are a big fan of dividend's like myself, I presumed there might be some others out there that might find the following to be somewhat interesting.

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    According to the "Moscow Times" Sberbank's CEO who is CEO seemingly for the next 1.5 years at least, has announced that Sberbank will continue to pay out around 20% of its profit per se, from dividends. Sberbank's US stock per se, is SBRCY(~$10.72 p/s) it seems, and it currently has a yield of roughly ~2.7%. The CEO a mister German Gref, seems to also be an interesting character.

    source;

    http://www.themoscowtimes.com/business/article/russias-sberbank-defies-ukraine-crisis-to-promise-20-dividends-for-5-years/501678.html

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    According to the article discussing the dividend policy per se, Snr. Gref has seemingly presided over the transition whereby Sberbank shifted from a more soviet era style of banking into a more modern one. Perhaps its always interesting to see what sort of observations could be made by an individual in such a position, and it might be an interesting read if he ever comes out with some "Transforming Sberbank" book or something.

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    Though the topic might be similar at least in theme to notions like that of this "white paper" per se from 2004 I believe, about "payment solutions" in emerging markets, there might be an interesting twist to an originally soviet style transition. It seems from some emerging market bank/investing research papers, that it may be somewhat different to build a banking system per se from scratch as opposed to transforming one that's already in place per se.

    source for research presentation from Visa on emerging market banking per se;

    http://www.yearofmicrocredit.org/docs/

    Visa_White_Paper_2004.pdf

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    Either way its perhaps nice that the banking world or at least large banks in the Ukraine region per se are trying to keep on keeping on if one will, regardless of the current situation there, and hopefully things may run smoothly and be ok, despite the continuing instability in the region, namely exchanges between Ukr. Chocolate Baron-government forces, and local anti-maidan folks.

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    discussion of the sweet-riches of Ukraine's choco-baron president;

    http://articles.economictimes.indiatimes.com/2014-06-07/news/50404877_1_only-ukrainian-oligarch-petro-poroshenko-pro-russian-troops

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    As a brief aside about the new Ukranian president, from the above article it seems as though he is clearly a chocolate-baron per se, but he also was implicated in the mispricing of state-commodity(nickel) based resources(presumingly underpricing them when they were being sold off or whatnot), so though he may be a sort of non-commodity oligarch himself, he seemingly has favors he can call in per se, from that more traditional post-soviet era, raw commodity type oligarch group per se, so perhaps he'll be a interesting sort of product/commodity oligarch leader, which may be better perhaps for diplomatic purposes than simply being simply a production vs. commodity oligarch exlucisvely(he may then be able to better get along with both "Euro" and more "Ruso" centric factions per se.

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    Hopefully everyone's investments are great, dividend stability or not, and hopefully everyone's on the up side of their trades per se, thanks again for reading.

    Tags: SBRCY, Ukraine
    Jun 09 10:53 AM | Link | Comment!
  • Friday Fancies; Finding Seashells After The Tide Goes Out.

    Perhaps today's "Friday fancies" are to be sought out in somewhat unusual circumstances(long term perspective) given that the S&P seems to have had a wild night in Vegas per se, yesterday, and many stocks seem to be doing great per se.

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    Dividend darling's are slowly seeing their relative yield decrease, and some otherwise good bets are getting a little pricey per se. As every high tide should eventually lead to a low tide, this may make buying on a day like today somewhat treacherous/precarious in the sort of .1-.5 or at maximum 1.5 year time period(presuming a decrease in the overall price levels per se.)

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    Apart from that, one does perhaps have some interesting "targets" per se if one wants. Perhaps this is a good opportunity, given the index based(broad) nature of these current price movements to look at stocks whose liquidity/market cap isn't really high enough to get in on the action. Though LAND(Gladstone Land) isn't exactly taking names at this very moment, I'm intrigued by notions of why per se, and I can't help but wonder if "opportunity cost" of not having one's cash in big names per se(to take advantage of rising S&P tide) doesn't have something to do with its price drop. Certainly there are many explanations as to why a stock's price may rise or fall, but I can't help but wonder if there are interesting sort of correlations to liquidity based "opportunity cost" if on will, sort of making its presence felt in the price of said stock, which might ultimately mean that its current price is the result of positive volatility per se chasing as opposed to real "investment impetus" per se, which might make the price somewhat reasonably priced relatively speaking depending on one's perspective per se.

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    I wouldn't necessarily call this Friday a hunt for "sickly gazelles" per se, but it does seem like stocks that may have some sort of limitation whether it be liquidity, etc. etc. may be good buys on a day like today. Perhaps if one has somewhat of a corner on a specific sector information/knowledge wise per se, it might be a good day to sort of comb through some laggards in that space to find something/investment that has been overlooked by the broader market per se in general( not to cop out on on suggesting investments per se hehe, but it does seem like a day where sector specialized knowledge could be capitalized upon per se, for example if one knows that a specific stock is being unfairly price-punished per se, for a sort of superficial defect or concern per se.) It might also be a good day to look at some of the stocks one might have had questions about in the past, but was warned off per se by a bad "image", that category of investments could be a source of future profits per se in this sort of investment environment perhaps.

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    This does sort of seem like a chance to sort of comb through the shells left after the tide goes out per se, to see what treasures may have been left behind per se. Presumably companies with some sort of grey cloud hanging over them in one form or another, or with simply structural limitations eg. low liquidity/market cap, may be great acquisitions for that extra cash this Friday or whatnot, for perhaps there are some messages in bottles, or nice mother of pearl slabs/shells per se, resting amongst the detritus per se, that's left after such a seismic/tidal move in the market in general.

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    Either way, happy investing, I hope everyone's investments are going great, and if there's one thing we can count one, its perhaps that Scrooge would be able to relax even in this sort of investment environment as the photo below may allude to, thanks again for reading, and merry investing.

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    (click to enlarge)

    source; http://static.comicvine.com/uploads/scale_large/6/67663/3018758-01.jpg

    Jun 06 6:57 AM | Link | Comment!
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