General Electric: Is This General Ready To Lead Again? [View article]
Jrpah, Thanks for your comment. I attempt to keep my positions below 2 1/2%. I guess I have had to many surprises in my investing experience. Crooks and dopes can destroy a company quickly.
General Electric: Is This General Ready To Lead Again? [View article]
You appear to be using options to protect your holdings. You also appear to be convinced of GE's strength going forward. Thanks for reading and commenting.
Codorus Valley Bancorp: 60% Rise In Price And Still Undervalued [View article]
The loan portfolio has been continuously improving. The bank had to write off a lot of loans thru 2009 -2011. It is now in good shape with its loan portfolio. The Fed's have made it even more difficult with their loan portfolio. If an entity has been paying the loan, but the interest rate or terms were adjusted to make it work, the bank has to include it in the non-performing category as a consequence of the new banking laws. In spite of this, the non-performing loans have been declining.
Evans Bancorp Has Double Barreled Possibilities - Dividend Growth And Capital Appreciation [View article]
I don't know what you mean when you call a bank lower tier. My guess is that you are talking about the size of the bank... Not how well it is run Not how profitable it is Not what its future prospects are It is often the smaller well-run banks that get priced incorrectly. This is the very reason I look at them in particular. I keep my own checking account at a small home town bank because they treat me right and that is a further reason I look to invest in them.
Evans Bancorp Has Double Barreled Possibilities - Dividend Growth And Capital Appreciation [View article]
I am old enough and have been investing long enough to have gone through the Carter administration and all the bank problems that came at that time. I profited well by buying small savings and loans that converted to publicly held banks after that debacle he brought to the US. I see possibilities again in the many small banks that have been tossed about as a consequence of our latest economic bust in real estate. I believe EVBN is one among many that will profit my account. Thanks for your post.
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
I also read that in their report. That does provide a foundation for a certain amount of income. They need to have this foundation with the amount of debt the company has. The foundation keeps them from going bankrupt if the bottom falls out of the industry. Your capital is probably safe with this company as long as you are willing to navigate the ups and downs.
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
Bikerguy: I don't view a company that has assets that are not on long term leases as a financial company. It must constantly lease the containers not unlike a retail store must constantly move merchandise. The value of these containers are also intimately connected to supply and demand just as retail merchandise. I guess I view the business differently than you. In any case, the company is well run and I believe it is a reasonably good investment.
I also disagree with the article's conclusion. I have analyzed FULT's numbers and they are running the bank conservatively. I own FULT and consider it a sound investment.
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
I appreciate your taking the time to comment on my article. I looked at the web site of the company and viewed most of their material. I chose the data that I considered significant to people who wish to invest in the company. My take on the managers of the company is that they are not very conservative in their approach to business. They are risk takers that are willing to leverage the company. The amount of leverage for this company is very high, but on the other hand they have real assets that are marketable and could turn to cash relatively quickly and often do. It is hard to predict what direction the value of their assets are going to go. They have been very good at managing this lately. As long as asset values continue to rise, the leverage works in their favor. If asset values begin to drop, the leverage works quickly in the opposite direction. That is the reason I am somewhat concerned with the company as a dividend stock. You do not seem to be concerned with the high beta or volatility of the assets and value of the stock. You have a stronger stomach than I when the price of the stocks owned go south.
General Electric: Is This General Ready To Lead Again? [View article]
Thanks for your comment. I attempt to keep my positions below 2 1/2%. I guess I have had to many surprises in my investing experience. Crooks and dopes can destroy a company quickly.
General Electric: Is This General Ready To Lead Again? [View article]
Thanks for reading and commenting.
Codorus Valley Bancorp: 60% Rise In Price And Still Undervalued [View article]
Evans Bancorp Has Double Barreled Possibilities - Dividend Growth And Capital Appreciation [View article]
Not how well it is run
Not how profitable it is
Not what its future prospects are
It is often the smaller well-run banks that get priced incorrectly. This is the very reason I look at them in particular.
I keep my own checking account at a small home town bank because they treat me right and that is a further reason I look to invest in them.
Evans Bancorp Has Double Barreled Possibilities - Dividend Growth And Capital Appreciation [View article]
I profited well by buying small savings and loans that converted to publicly held banks after that debacle he brought to the US.
I see possibilities again in the many small banks that have been tossed about as a consequence of our latest economic bust in real estate. I believe EVBN is one among many that will profit my account.
Thanks for your post.
Evans Bancorp Has Double Barreled Possibilities - Dividend Growth And Capital Appreciation [View article]
Thanks for reading.
Evans Bancorp Has Double Barreled Possibilities - Dividend Growth And Capital Appreciation [View article]
Government has minimum capital requirements.
Company is in compliance.
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
I don't view a company that has assets that are not on long term leases as a financial company. It must constantly lease the containers not unlike a retail store must constantly move merchandise.
The value of these containers are also intimately connected to supply and demand just as retail merchandise. I guess I view the business differently than you.
In any case, the company is well run and I believe it is a reasonably good investment.
Danger Zone: Fulton Financial Corp. [View article]
I own FULT and consider it a sound investment.
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
My take on the managers of the company is that they are not very conservative in their approach to business. They are risk takers that are willing to leverage the company. The amount of leverage for this company is very high, but on the other hand they have real assets that are marketable and could turn to cash relatively quickly and often do.
It is hard to predict what direction the value of their assets are going to go. They have been very good at managing this lately. As long as asset values continue to rise, the leverage works in their favor. If asset values begin to drop, the leverage works quickly in the opposite direction.
That is the reason I am somewhat concerned with the company as a dividend stock. You do not seem to be concerned with the high beta or volatility of the assets and value of the stock. You have a stronger stomach than I when the price of the stocks owned go south.
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
TAL International, A Dividend Stock For The Optimist And Stout Of Heart [View article]
2009 $0.04
2010 $1.30
2011 $2.00
2012 $2.30+
These are the approximate dividends for the past 5 years... Taken from a graph.. so they are approximate.