Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)

Rupert Nicholson

View as an RSS Feed
View Rupert Nicholson's Comments BY TICKER:
Latest  |  Highest rated
  • Short-Term Pain But Long-Term Gain For Shareholders In Alcoa [View article]
    Absolutely not true. Take a look at the margins why don't you. They have stayed constant as the price of aluminium have dropped, they actually improved between the last quarter of 2012 and the first quarter of 2013
    Jun 17 09:54 PM | 0 Likes Like |Link to Comment
  • Short-Term Pain But Long-Term Gain For Shareholders In Alcoa [View article]
    True, but the price of aluminium was only one factor in Alcoa's stock pricing. Its poor margins and other factors also contributed to that low price.
    Jun 16 02:02 PM | 0 Likes Like |Link to Comment
  • Short-Term Pain But Long-Term Gain For Shareholders In Alcoa [View article]
    That's true now, but I have justified why I believe Chinese production will slow. As Chinese production slows, the price will recover
    Jun 16 02:01 PM | 1 Like Like |Link to Comment
  • Short-Term Pain But Long-Term Gain For Shareholders In Alcoa [View article]
    Yes you're right, have submitted a correction request
    Jun 16 01:37 PM | 0 Likes Like |Link to Comment
  • Prospect Capital Corporation: A 12.38% Dividend With The Earnings To Cover The Expenses [View article]
    BDC's usually have share issuances to stay at around book
    Jun 11 10:21 PM | 1 Like Like |Link to Comment
  • Prospect Capital Corporation: A 12.38% Dividend With The Earnings To Cover The Expenses [View article]
    EPS last year was $1.69, it is 90% of their annual earnings that they are required to pay out, not quarterly. once again, it is annual distribution not quarterly
    Jun 11 07:54 PM | 0 Likes Like |Link to Comment
  • Prospect Capital Corporation: A 12.38% Dividend With The Earnings To Cover The Expenses [View article]
    I have read it. The main thrust of the article is about risk not about success. If you read the author's comments, you will find that he is actually quite positive about the stock and thinks they will continue to support the dividend.
    Jun 11 04:22 PM | 1 Like Like |Link to Comment
  • Prospect Capital Corporation: A 12.38% Dividend With The Earnings To Cover The Expenses [View article]
    90% of taxable income has to go straight to shareholders in a BDC, therefore, their NI will always barely cover their dividend. all BDCs work along this principle
    Jun 11 04:15 PM | 6 Likes Like |Link to Comment
  • Prospect Capital Corporation: A 12.38% Dividend With The Earnings To Cover The Expenses [View article]
    I wasn't suggesting they would support them at the same rates. When did I ever say that? I am saying that they will be able to fill the gap left by the Fed when the Fed stops buying bonds. The Fed are essentially providing financing right now at extremely low rates. PSEC provides financing at normal rates and so has been hurt by the bond buying scheme. As the Fed slow down their bond buying scheme this will benefit PSEC. I'm sorry I didn't explain more clearly, I thought it was basic economics.
    Jun 11 02:52 PM | 3 Likes Like |Link to Comment
  • France Telecom Is A Fantastic Dividend Opportunity [View article]
    Not for foreigners in the US it is 15%. It is a tax treaty the US has with France. The 30% figure is garbage
    Oct 12 01:16 PM | 1 Like Like |Link to Comment
  • Is Netflix Really The Disaster Everyone Thinks It Is? [View article]
    Sorry I should have been clearer that the EPS average was for the last three annual reports. so it would be from the end of 2011 back three years. Same for revenue
    Oct 10 05:31 PM | 2 Likes Like |Link to Comment
  • Is Netflix Really The Disaster Everyone Thinks It Is? [View article]
    Agree. I believe $300 was far too high a share price for Netflix. Netflix might need to raise user fees but another option for it is to attract a broader user base. I believe expanding its portfolio is a good move for the company and additions such as The Avengers will boost products by attracting new consumers to the product.
    Oct 10 04:16 PM | 0 Likes Like |Link to Comment
  • Is Netflix Really The Disaster Everyone Thinks It Is? [View article]
    I understand exactly what the numbers mean and that's why I posted them. Why would I do another discounted cash flow model when I have one available which I agree with the inputs? I can do a comp evaluation as well and I have included their evaluation for the same reasons as the DCT. The only one I don't know how to do is the Buffet analysis. Also, Netflix has changed a lot since you wrote your article on it e.g. Epix deal. I have provided a balanced view of the situation, just because you don't like the stock its no reason to have a temper tantrum about it.
    Oct 10 04:12 PM | 2 Likes Like |Link to Comment
  • Is Netflix Really The Disaster Everyone Thinks It Is? [View article]
    Its Warren Buffets measure of value. For AMZN The Buffett Analysis: (36%). So a price of $156 per share.
    Oct 10 03:46 PM | 0 Likes Like |Link to Comment
  • Is Netflix Really The Disaster Everyone Thinks It Is? [View article]
    Norman: the streaming business has larger barriers to entry than most people think exist. Forming contracts with the bandwidth providers is one big one, licensing the movies, creating a portfolio, gaining customers, creating an attractive platform, should i go on?
    Oct 10 03:36 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
320 Comments
218 Likes