Navigating the Wild, Wonderful World of Canadian Corporations (Formerly Trusts) [View article]
I sure hope none of my stocks go down 150%!
Just kidding, Five Plus, this was a very informative article (as was your article on Preferreds) on a topic that I know little about and that is discussed less than others on SA. I especially like your attitude encouraging comments so that we all learn more, as the comments, as usual on SA, have been very informative as well. It's much better to ask others to fill in a few gaps than to have no one cover a difficult topic.
Today's move by European leaders to allow the direct use of bailout funds to recapitalize banks does nothing to help solve the region's real problem, which is high debt, observes Jim Rogers. Finding a way to get the banks to borrow even more money doesn't solve the problem, it just makes it worse. “People need to stop spending money they don’t have," Rogers says. "The solution to too much debt is not more debt." [View news story]
Jim Rogers is usually right, it just takes about 4 years on average for his ideas to come to fruition.
Mongolia: Will Peabody Get More, Less, Or The Same Of Tavan Tolgoi? [View article]
Great article, very informative and presented both positive and negative views for Peabody. I believe in the coal super-cycle, and have small positions in BTU, ACI, ANR, and PCX. However, I've hesitated on which positions to add to as it seems all have trouble getting coal to China in any type of mass quantity due to limited ports to ship from and quantity restraints in those ports. Any thoughts would be appreciated.
In his testimony before Congress today, Fed Chairman Bernanke bluntly warns that the economic recovery, such as it is, "is close to faltering." Operation Twist, the Fed's latest move to help the sputtering economy, will be "meaningful but not an enormous support." So, with few bullets left, could the Fed Chairman be hinting he's ready to hand the baton back to Washington and the private sector to work its own way free the current economic morass? [View news story]
Bernanke is throwing Congress an alley-oop and they're just watching it bounce off the court. It all starts with a nationwide refi program, getting a gift from Op Twist.
Debunking Dividend Agnostic Assumptions: Here's What Really Makes Income Investors Tick [View article]
Great article, 5+, and great comments. But let's not argue too strongly how well our methods work. If everyone knew, the stocks we wished to buy would be much more expensive!
3 Dividend Stocks to Buy With Cash Reserves [View article]
Look at Tweedn cranking out 3 articles in August! Excellent work too.
I like JNJ quite a bit, and concurring with the commenters above, NVS as well. VOD is a great call, and I calculated the special dividend to be around 64 to 67 cents bringing the yield up to around 7.5 to 8%. The special dividend should be annual going forward, not one-time.
I admired your discipline over the past several months as you commented every day waiting patiently for Intel to drop under $21 to get your desired price point. I felt bad for you seeing it drop under $20 a couple times this week, but not too bad since I know how happy I am with a couple of yields I picked up this week and I wouldn't care if they dropped further for a short time. I like to think that I'm a better investor for having learned from your discipline.
McDonald's: Slightly Over-Priced, But a Must Have for the Ultimate Retirement Portfolio [View article]
I've been doing just what Gunny suggested over the past few months. I want to increase my position, but it always looks overpriced. That is, until you look back at it a month or two months later. Sitting at $88, the prices in the $70s look pretty good, even though at the time they looked just as high as $88 looks now. Buy little chunks while you're waiting to add the big chunk in case the pullback is a constant mirage. I mean, just look at May on Dr. O's chart up there. Almost every stock pulled back during May. Not MCD.
Great article, Dr. O. I've enjoyed your fair value series.
A very bullish presentation from Longboard Asset Management helped Tesla (TSLA +7.4%) rally today. Calling Tesla the auto industry version of Apple (others have made that analogy in some form) due to its brand, management, and disruptive impact (among other things), Longboard predicts shares will hit $100 within 18 months and $200 within 5 years. The firm expects Tesla to grab 80% of the global EV market, praises the company's engineering skill, and expects a heavy short interest (44% of the free float is shorted) to help fuel a rally. (slides) Update: SA commenters report having seen Longboard's presentation earlier. However, it was only today that it received media coverage. [View news story]
I'm pretty sure Apple doesn't have negative earnings.
How Eagle Ford Compares To The Bakken [View article]
Michael - excellent article, as always. I would be interested in a future article comparing growth rates, showing how some of these smaller companies might be expected to double in production in 2012 while some of the larger ones would have less impact.
A dollar spike against the yen has abated slightly after Japan steps up to intervene in trading, a move that came as the currency hit a post-WWII record against the greenback. Against the yen now: dollar +4.5%, euro +3.7%. [View news story]
I thought I felt a great disturbance in the Force, as if millions of shorts suddenly cried out in terror.
Recent mREIT Regulatory Risk Fears Are Likely Overblown [View article]
There is a reason this fear is overblown. That's because you're measuring total fear against one threat, and ignoring the other threats adding to the fear.
1) These regulatory risks could severely harm the mREITs. 2) The Fed initiating Operation Twist could severely harm the mREITs. 3) Obama announcing a nationwide refi program could severely harm the mREITs.
Of course issue #1 doesn't justify the total fear. But if you take the cumulative probability of at least one of the three issues above happening, then the fear is totally justified and probably not yet fully priced into the mREITs.
With Verizon Wireless Dividend, Markets Think Vodafone Is the Better Investment [View article]
That's correct. VOD pays a dividend twice a year in roughly a 1/3 amount in Nov and a 2/3 amount in June. The last two sum to $1.444 which divided by the current price of $28.10 is a yield of 5.1% (which was actually 5.4% before the price jumped on Friday).
I tried to calculate what the February special dividend would be by dividing the $3.3B payout by 5.16B oustanding shares. This would suggest 64 cents. If you add this to the 1.444, it would take the yield up to 7.4%.
However, since then, I've seen two articles from reputable UK news sites, one of which said the special dividend will be 4 pence (which seems low) and the other said the special dividend would take the VOD yield up to 14.5% (which seems high).
It seems very odd to me that there would be such discrepancy of information floating around about a $145B company, right? But I think however this works out, VOD is looking very attractive. Don't forget, this dividend from Verizon Wireless to VOD is expected to be an annual payment, not a one-time event.
Navigating the Wild, Wonderful World of Canadian Corporations (Formerly Trusts) [View article]
Just kidding, Five Plus, this was a very informative article (as was your article on Preferreds) on a topic that I know little about and that is discussed less than others on SA. I especially like your attitude encouraging comments so that we all learn more, as the comments, as usual on SA, have been very informative as well. It's much better to ask others to fill in a few gaps than to have no one cover a difficult topic.
Today's move by European leaders to allow the direct use of bailout funds to recapitalize banks does nothing to help solve the region's real problem, which is high debt, observes Jim Rogers. Finding a way to get the banks to borrow even more money doesn't solve the problem, it just makes it worse. “People need to stop spending money they don’t have," Rogers says. "The solution to too much debt is not more debt." [View news story]
Mongolia: Will Peabody Get More, Less, Or The Same Of Tavan Tolgoi? [View article]
46 Dividend Increases Expected in the Next 10 Weeks [View article]
I would love to see Altria get up over 6%.
Seeking Alpha Passes One Million Members -- 5 Things You Need To Know [View article]
The information on this website holds tremendous value.
In his testimony before Congress today, Fed Chairman Bernanke bluntly warns that the economic recovery, such as it is, "is close to faltering." Operation Twist, the Fed's latest move to help the sputtering economy, will be "meaningful but not an enormous support." So, with few bullets left, could the Fed Chairman be hinting he's ready to hand the baton back to Washington and the private sector to work its own way free the current economic morass? [View news story]
Debunking Dividend Agnostic Assumptions: Here's What Really Makes Income Investors Tick [View article]
3 Dividend Stocks to Buy With Cash Reserves [View article]
I like JNJ quite a bit, and concurring with the commenters above, NVS as well. VOD is a great call, and I calculated the special dividend to be around 64 to 67 cents bringing the yield up to around 7.5 to 8%. The special dividend should be annual going forward, not one-time.
I admired your discipline over the past several months as you commented every day waiting patiently for Intel to drop under $21 to get your desired price point. I felt bad for you seeing it drop under $20 a couple times this week, but not too bad since I know how happy I am with a couple of yields I picked up this week and I wouldn't care if they dropped further for a short time. I like to think that I'm a better investor for having learned from your discipline.
McDonald's: Slightly Over-Priced, But a Must Have for the Ultimate Retirement Portfolio [View article]
Great article, Dr. O. I've enjoyed your fair value series.
A very bullish presentation from Longboard Asset Management helped Tesla (TSLA +7.4%) rally today. Calling Tesla the auto industry version of Apple (others have made that analogy in some form) due to its brand, management, and disruptive impact (among other things), Longboard predicts shares will hit $100 within 18 months and $200 within 5 years. The firm expects Tesla to grab 80% of the global EV market, praises the company's engineering skill, and expects a heavy short interest (44% of the free float is shorted) to help fuel a rally. (slides) Update: SA commenters report having seen Longboard's presentation earlier. However, it was only today that it received media coverage. [View news story]
How Eagle Ford Compares To The Bakken [View article]
A dollar spike against the yen has abated slightly after Japan steps up to intervene in trading, a move that came as the currency hit a post-WWII record against the greenback. Against the yen now: dollar +4.5%, euro +3.7%. [View news story]
10 Commandments For Dividend Growth Investors [View article]
Recent mREIT Regulatory Risk Fears Are Likely Overblown [View article]
1) These regulatory risks could severely harm the mREITs.
2) The Fed initiating Operation Twist could severely harm the mREITs.
3) Obama announcing a nationwide refi program could severely harm the mREITs.
Of course issue #1 doesn't justify the total fear. But if you take the cumulative probability of at least one of the three issues above happening, then the fear is totally justified and probably not yet fully priced into the mREITs.
With Verizon Wireless Dividend, Markets Think Vodafone Is the Better Investment [View article]
I tried to calculate what the February special dividend would be by dividing the $3.3B payout by 5.16B oustanding shares. This would suggest 64 cents. If you add this to the 1.444, it would take the yield up to 7.4%.
However, since then, I've seen two articles from reputable UK news sites, one of which said the special dividend will be 4 pence (which seems low) and the other said the special dividend would take the VOD yield up to 14.5% (which seems high).
It seems very odd to me that there would be such discrepancy of information floating around about a $145B company, right? But I think however this works out, VOD is looking very attractive. Don't forget, this dividend from Verizon Wireless to VOD is expected to be an annual payment, not a one-time event.