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Omer Altay

 
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  • American Realty Capital Properties' Dividend: What We Know, What We Might Know, And What We Can't Know [View article]
    glorysk87 Can you provide a source for this?
    Nov 24, 2014. 01:45 PM | 1 Like Like |Link to Comment
  • American Realty Capital Properties' Dividend: What We Know, What We Might Know, And What We Can't Know [View article]
    Dividend can easily be sustained. Sell 1B in assets and repurchase stock. This will INCREASE dividend coverage. Dividend is costing CO 11%. Anything yielding less than 11% should be sold to repurchase shares. Reduce shares outstanding with accreditive repurchases and dividend gets covered.
    Nov 24, 2014. 12:39 PM | 4 Likes Like |Link to Comment
  • Update: American Realty Capital Properties - Filing Issues Not Going To Help The Stock [View article]
    Cannot agree more. SA needs to stop publishing articles with zero new information. This article doesn't even try to analyze the stock. It's just regurgitating news. This isn't an article and should be deleted.
    Nov 20, 2014. 08:07 PM | 4 Likes Like |Link to Comment
  • American Realty Capital Properties: The REIT Strikes First On The Lawsuit Front [View article]
    No way to know for sure, but look at other class action settlements that arose from restatements. One example I found that mirrors this is Huron Consulting. Fraud led to ceo and cfo resigning and YEARS worth of re-statements. Settled with SEC for $1m and class actions for $28m of cash and some stock.
    Nov 20, 2014. 10:47 AM | 1 Like Like |Link to Comment
  • American Realty Could Gain 50% If It Replaces Schorsch With David Kay [View article]
    He's referring to ARCP purchasing some non-traded REITs Schorsch controlled.
    Nov 19, 2014. 12:39 AM | Likes Like |Link to Comment
  • Fairway Board Compensation: A Response To The Bloomberg Story [View article]
    Anyone else think this is too cheap to ignore? Good reads on SA on FWM.
    Nov 17, 2014. 07:27 PM | Likes Like |Link to Comment
  • Steven Cohen boosts RCS Capital stake [View news story]
    This is some vote of confidence in Nick. Can only help ARCP if RCAP recovers.
    Nov 17, 2014. 06:46 PM | Likes Like |Link to Comment
  • ARCP - A Tempest In A Teapot Creates Buying Opportunity [View article]
    Grow up. Stock is right around where I published this article anyway. Bit early to start claiming i told you sos
    Nov 16, 2014. 10:41 PM | Likes Like |Link to Comment
  • ARCP - A Tempest In A Teapot Creates Buying Opportunity [View article]
    I merely cited management's intent to report by the 14th. Stop being so immature
    Nov 16, 2014. 10:28 PM | Likes Like |Link to Comment
  • Update: Changyou.com Q3 2014 Earnings [View article]
    I like CYOU but PWRD is the better buy. Holding PWRD since I wrote my article on it earlier. Not as under valued as before, but still good.
    Nov 14, 2014. 10:24 PM | Likes Like |Link to Comment
  • American Realty won't report Q3 until January [View news story]
    Probably regular business activities. Acquisition of triple net properties. They can conduct ALL their business as they used to. Only thing is Cole Capital business is severely slowed down from headline news. I suspect it'll recover in Q1 or Q2 2015.
    Nov 14, 2014. 10:20 PM | 1 Like Like |Link to Comment
  • American Realty won't report Q3 until January [View news story]
    True. they probably were told by banks that until this mess is sorted, the credit revolver is reduced. ARCP spun it as ok news since they pay less fees on a smaller revolver. I guess you pay a basis point or so on the total revolver even if unused.

    This looks like good news by the market though. Opened with a mini panic @ 8.50~ then rebounded quickly. The 10AM conf call will give more color. Can go either way after, but I suspect up. They better have a Q&A session this time.
    Nov 14, 2014. 09:44 AM | 1 Like Like |Link to Comment
  • ARCP Options Send Bullish Signal On Wednesday [View article]
    ^ Calls were indeed traded.
    Nov 13, 2014. 12:15 PM | Likes Like |Link to Comment
  • American Realty Capital: The Nick Schorsch REIT Empire Is Crumbling [View article]
    Honestly, for A LOT of people these non traded REITs are a solid deal. Look at the return of these funds. They're steady as she goes. A lot of retail investors can't handle market volatility. Look at Cole capital's current funds and performance. They are quite good. Yes, the fees are there, but MOST people invest through mutual funds which also have the same ridiculous fees.

    People like glossy brochures/reports. Have you seen Realty Income's annual report? It's nice and glossy! ARCP's annual report was cheap-o papers stapled together.
    Nov 12, 2014. 01:58 PM | 3 Likes Like |Link to Comment
  • American Realty Capital Properties: A Buy Even Though It Might Get Worse Before It Gets Better [View article]
    People keep bringing up lawsuits/SEC investigation "over hang". Read about the Huron Consulting settlement. CEO resigned due to inflating numbers for YEARS. CFO resigned too. At the end (years down the road) they settled with the SEC for a whopping $1 million and settled the class action investor lawsuit for $24 million cash and $11 million worth of stock.

    There's your overhang. A few dozen millions. Not the $4b in market cap ARCP lost.
    Nov 11, 2014. 09:57 AM | 7 Likes Like |Link to Comment
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