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David Stafford
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Student of markets, enjoys following their course.
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Around the World in Several Pieces
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  • A New Page In The Continuing Trials Concerning The Post-Ukraine Saga World.

    As the international dissension involving the Ukraine is perhaps placed somewhat in the rear-view mirror, from the latest news reports it seems as though the Russian gestalt is moving forward per se. Its moving in perhaps some traditional and "expected" directions and in some new directions it seems as well.

    _______

    In so far as new directions per se, perhaps most intriguingly Russia seems to(even though still entrenched in Eastern Ukraine per se) be warming to cultural inclusivity related issues in regards to questions concerning I guess what one could call sexual rights. Since court cases in general in Russia are rarely free from upper level political decision making processes(particularly cases involving national/social issues), it is perhaps interesting to note that a gay-rights activist was recently rewarded a sort of compensation for a parade which he was organizing which was canceled. This is perhaps a different socio-political tone to that which was made a global issue per se in the lead up to the last winter Olympics, and perhaps this signals that even though Russia is still very interested in the Ukraine, that it is not being so forceful per se in so far as internal social discussions are concerned.(source)

    ______

    However, to quote one of the most vague cliches of all time perhaps, "the more things change, the more things stay the same" for, all the whilst, the Russian elite if one will, are playing their famous not so subtle game of centralizing national energy assets via threatening the elites who own them with prison, as was made famous in the former Yukos case so very long ago(relatively speaking). For one may wonder why, amidst all the closing of ranks per se amongst the Russian elites, a particular owner of a massive sort of multi-faceted firm, named "Systema" was targeted by the more powerful elites, namely, most likely the Kremlin. Well, as it turns out Systema includes large energy related asset holdings. Hence, not so surprisingly perhaps once these were sort of forfeited by the Mr. Yevtushenkov in question, he was hence promptly released from prison. Hence, one may observe the old centralization of energy assets whenever there is local economic instability play unfolding.(Oligarch stripped of energy assets)(Same Oligarch subsequently freed(within a matter of days))

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    Apart from Yevtushenkov's brief stint/negotiations "up the river" if one will, the rest of the elites seem to be doing something perhapsnot altogether surprising, but somewhat rare perhaps, given the dynamic balance amongst Russia's elites, namely they seem to be forming a sort of unified block per se. For, more specifically, Russian elites, are now pushing for those other elites presumably who have been subject to asset confiscation abroad(see yachts, vacation houses, frozen accounts etc.) to now be reimbursed by the state for their losses, if one will. This is perhaps a sort of interesting state of affairs, as it is far more common perhaps to hear of the fabricated news stories, and scandals which the elites there will more often use against one another etc., and hence its perhaps somewhat interesting to see the Russian elites forming a unified front per se in such a manner. None the less, presumably they've all lost some assets, perhaps, in said mass foreign asset seizure debacle and hence, perhaps now they all have a sort of shared grievance. Its perhaps sort of interesting and not so common behavior.(source)

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    It may perhaps also be worthy of note, that amidst this sort of re-centralization of power(energy assets), and closing of ranks amongst the local elites, there also seems to be enough energy behind this group-think phase to also include the purging of some old thorns in the side of the sort of local elites if one will. Namely, amidst all this elite solidarity, perhaps as a sort of toast to togetherness if one will, the majority has presumably decided to "ostracize" or expel one of their less "popular" members namely, a respected economist, who was critical of the Kremlin's "economic policies", yet who presumably was a little too critical for this particular consolidation phase in the local elite milieu in Russia during these not so rosy times.(source)

    _______

    Hence, now that things are getting sort of rocky economically and hence socially speaking, in that land of the frozen north, it seems that economic issues and centralization of control of energy resources are once again taking center stage in the elite conversation if one will in Russia. Social issues which were once an avenue of elite influence dissemination are now being relinquished to natural social forces per se, perhaps as evidenced by the aforementioned court case involving restitution for the canceled parade, and hence perhaps we're seeing the more traditional if one will, Russian elite mindset re-surfacing, namely one whereby their assets are backed by the state, which in turn controls the countries energy assets, and which further doesn't allow for any dissent on this centralization of energy assets issue, nor for economic policy critiquing. Hence, though Russia may be facing some daunting economic realities in the short-to-mid-term, perhaps this isn't a new "place" per se for the Russian elites, and hence perhaps they are simply reverting to a play-book from more desperate times, in response to this sort of new-found local economic malaise per se.

    _______

    Hence perhaps the Russian elites are returning to tried and true methods of maintaining their wealth and power in the midst of economic tribulations and scarcity per se. Though the specific methods may be somewhat indirect, and unique, perhaps this is all a sort of familiar act from the always sort of mysterious, yet simultaneously repetitive(in this case), Russian-elite-masquerade if one will.

    (source)

    Oct 08 1:25 AM | Link | Comment!
  • Developments In The Ukrainian "Discussion"(Semi-Humorous)

    Though recent news has been riddled with stories of the EU and Russia wearily trading one sanction for another, with farmers in particular(those of Greece and Spain for ex.) falling into tough times, some signs of hope are yet emitted from this otherwise black-hole of a conflict per se.

    ____

    Though Ronald McDonald has surely been feeling the heat as of recent with location after location(in Russia) being closed for "sanitary reasons", even the iconic, one located along Pushkin Square(source). There seems to yet be a few rays of hope emanating from this otherwise troubled region in these newly turbulent times.

    (click to enlarge)

    January 31, 1990; the opening of the first McDonalds in Russia;

    source

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    Though "the oligarchs" may be missing a few decimal places worth of capital in their newly frozen bank accounts, though Russians are dropping their capital(real estate) in London(still up for debate)(source) and New York(source) and moving it to real estate back in Russia(source) there are still a few green shoots of hope amidst all the uncertainly and skullduggery that has surely been perpetrated by both sides in this seemingly endless battle of blame allotment.

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    Namely, though food prices for Russian people are acutely reacting to food scarcity per se induced by food import bans by increasing(source), not everyone's food is becoming more costly, at least according to anecdotal evidence from the video linked below;

    Prairie dog too husky to depart burrow.

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    Apart from the healthy prairie dogs of Eastern Europe/Russia, it seems as though some past picks from the blog are also doing alright amidst the chaos and tumult of these strange sort of pseudo-thorough sanction wars; namely the Austrian bank Raiffeisen, has projected that, sanctions or not, their large Eastern European and Russian business lines per se, will presumably be doing fine(source). Perhaps this is surprising given news stories such as those pertaining to suffering foreign banks per se in Russia at the moment(example), but none the less, it seems Raiffeisen is in the clear at least for the moment.

    ___

    Thanks again for reading, I hope everyone's investments are doing great, and accumulating in heft like the prairie-dog or squirrel in the linked video per se. Thanks again for reading.

    Tags: RAIFY
    Aug 27 8:44 PM | Link | Comment!
  • Friday Fancies; Beta Buffet

    As this friday approaches we're perhaps faced with a market thats in interesting shape per se. It seems as though world events, coupled with pretty decent price raising action per se in the none too distant past, has perhaps precipitated some downward action. With ye old Ebola virus hitting one of the most densely packed places on earth, namely Lagos, planes going down in the Ukraine, and planes going up per se over northern Iraq presumably, the global stage is looking a little crowded perhaps.

    ____

    Nonetheless perhaps our betas will see us through this boondogle, but just as to each their own per se, hence it might be a good time to pull out the beta buffet, and hence to perhaps briefly look at some interesting stocks from varied betas per se, that all have dividend yields in the 3% or more range.

    (click to enlarge)

    source

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    Beta; High Yield Equities;

    DTH; WisdomTree DEFA High Yield Equity Fund

    Current Price; $46.85, Div. Yield; 5.34%

    I've been sort of interested in WisdomTree products per se, since I saw sort of a cool relative-strength related manner via which they managed one of their small cap funds. This gave me sort of a sense of intrigue per se, into their seemingly well thought out management style in some cases, and anyway this was a fund of their per se, that I came across had a decent div. yield. Perhaps its name is sort of self-expalantor in a sense, but it also has an interesting georgaphic profile per se, in so far as its investments/holdings are concerned. Namely, around 25% of the holdings are UK based if one will, while countries like France, and other Euro countries may hold out high positions in the holdings weightings per se, aswell. The US does not seem to be the center relatively speaking, of the national diversification profile of this portfolio, and hence it represents the home of a small percentage of the holdings of this fund, if one will.

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    Beta; "Reit";

    ARCP; American Realty Capital Properties

    Current Price; $12.90, Div. Yield; 7.75%

    This seems like a sort of relatively high yield fast food play if one will. This Reit has perhaps made waves recently for buying a portfolio of properties per se, pertaining specifically to fast food. Hence, this may not be a strictly "fast food Reit" if one will, however, perhaps if one wants some of that fast food beta per se, and a decent yield this might be a decent call.

    source

    ___

    Beta; Silver;

    PAAS; Pan American Silver Corp.

    Current Price; $15.01, Div. Yield; 3.33%

    With precious metals looking interesting these days per se, especially given all the market shifts, perhaps it might be great to look at some silver stocks. Pan American apart from having kind of cool looking bullion usually depicting some sort of mining motif particularly on their rounds per se, also looks like an interesting silver stock play. Their div. yield is relatively good for the silver stock sector per se, at the 3.33% mark, and various silver stock commentaries have rated them as relatively well priced according to for example, price to ebitda. Hence, if one wants some silver-market action without the shipping, and sort of I guess opportunity cost potential related to storage than perhaps a stock with a yield that's at least above the "official" inflation rate is a good pick.

    source

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    Beta; Gold and other minerals;

    FCX; Freeport McMoran Gold & Copper;

    Current Price; $36.15, Div. Yield; 3.46%

    Freeport McMoran, though not exclusively a "gold miner" per se, is perhaps a pseudo-gold investment at least. It has a decent yield for the gold-miner-related sector per se, at 3.46%. However, perhaps its always wise to note the market cap, which for a large somewhat heralded corp. like Freeport is sort of quite large per se, so if cap is something one is keen of per se, in shaping one's portfolio one might want to at least be aware of its quite large market cap.

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    Beta; Heavy Industries

    SSUMY; Sumitomo Corp.;

    Current Price; $12.68, Div. Yield; 3.71%

    The world always needs heavy machinery per se, so perhaps these sort of companies are sort of relatively solid stand-by's if one will in general, perhaps like railroad companies, when their prices don't get to high, relatively speaking. Either way, Sumitomo has a decent yield here at about official inflation with 3.71%, so perhaps its a relatively decent yielding stock in this space per se. Perhaps another stock in this space that has a similar yield profile if one will, is "KWHIY"; Kawasaki Heavy industries; Price; $14.64, Div. Yield; 3.23%, but perhaps that up to one's own taste per se. It seems that Sumitomo is a sort of construction jack-of-all trades, in its own right, so perhaps this sort of diversification may lend a certain degree of stability to the stock in general. Either way these perhaps represent a couple of those interesting sort of Japanese corps. that are sort of big and diversified if one will(Sumitomo particularly).

    ___

    Beta; Renewable/"Green"/Alternative Energy

    WFFIF; Waterfurnace;

    Current Price; $27.85, Div. Yield; 3.59%

    Waterfurnace seems to be a geo-thermal power company. Geothermal is perhaps becoming a little "cooler" these days, with emphasis being placed on its development/implementation particularly in the Scandinavian areas of the world per se. Either way as an industry perhaps it still benefits from tax-credit situations and seems like a sort of interesting industry that may benefit from locally specific geological situation, but perhaps its a decent yield at 3.59% for this sort of relatively-obscure beta per se, and perhaps it might bring another sort of profile to one's portfolio.

    ___

    Beta; "Frack"

    ATLS; Atlas Energy;

    Price; $42.02, Div. Yield; 4.66%

    If one is looking for a frack related high div. yielding stock Atlas Energy may fit that bill. Fracking is perhaps a sort of interesting field in so far as how cash-flows, and permanency per se, of business might relate to sustained dividend levels, but perhaps diversification of cash flow sources can sort of remedy this, particularly for a larger fracking organization. For the frack space as a whole, it seems that the internet in general, and particularly this website seems like a great source for "fracking" related investment ideas, either way however, here's a decent yielding "fracking" space play, and perhaps its the beta one is looking for in this veritable buffet of betas per se for this "Friday Fancy."

    (click to enlarge)

    source

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    Hopefully amidst this variety betas and sectors, one may find the sort of profile one may be looking for, particularly if one is looking for higher yielding plays for these sectors per se. Either way, thanks again for readying, I hope everybody's investments are going great, and without further adieu, the Friday Fancy Mascot, himself, everyone's favorite feathered-Uncle.

    ____

    source

    Tags: ATLS, SSUMY, KWHIY, FCX, PAAS, ARCP, DTH
    Aug 08 1:58 AM | Link | Comment!
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