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Seven REIT's Yielding Over 10% [view article]
well, which mutual funds holding reits are worth an investment? ReplySeven REIT's Yielding Over 10% [view article]
most of these are down 30-50% in 30 days,you must be the village idiot Reply
Haines
General Discussion on GCT
The quick announcement about the huge special distribution of $1.76 per share to holders of the stock gave shorts no notice to cover their shares, which means there will be a short squeeze that will race the stock price up sharp come Monday. Otherwise shorts are left paying the distribution and the dividend to come and the advanced price from the buyout merger. That's huge for shorts to pay so there will be buying to cover without resistance from shorts=huge upswings with huge gaps between ask prices.Reply
Haines
General Discussion on GCT
BUY BUY BUYWhy?
Because it's being bought out yet was able to contract a deal to sell off divisions and properties before the close of the merger which means $$$ to the holders as they give special distributions from the sale of those divisions and properties (one was announced today 6/06/08 they said worth $1.76 per share distributed to holders of the stock.
Then the dividend comes soon after as well which means=SHORT SQUEEZE
The short sellers have to cover by Monday because they will owe the distribution which is huge comparable to the stock price. Nobody will be selling here before getting credit for such payout and with dividend coming shares will be scarce and shorts will be scattering and paying big bucks to cover shares. After hours cheapest stocks were asking in the mid $9. range. Reply
rd
Seven REIT's Yielding Over 10% [view article]
p/e and peg are pretty much worthless when valuing reits (or any financial for that matter)where's p/b?
Reply
Seven REIT's Yielding Over 10% [view article]
a REIT that housing specilizes in housing? Edit your copy to avoid detractling from your credibility. ReplySeven REIT's Yielding Over 10% [view article]
GCT is about to be taken out by ACC, they already distributed a special dividend, the company should cease to exist as a public entity within a few weeks.Also your screen is biased towards M-REITs, there are several public REITs that own Real Real Estate with decent yields...
Also P/E is not used by anyone in the REIT arena, FFO (Funds from Operations is the preferred metric) Reply
Seven REIT's Yielding Over 10% [view article]
You need to add that some of these firms are MORTGAGE REIT's and could have high debt to equity ratios. Also, what about tangible book value? And the ability to continue paying dividends? ReplyQ1's Best and Worst Performing Stocks [view article]
Thank you! As a basically-momentum investor (I have to like the stock otherwise, too) I find these compilations very helpful indeed. ReplyEditors
General Discussion on GCT
Is this a buy or a sell? ReplyNathel
Best and Worst Performers YTD [view article]
I noticed TurboChef was on the worst performing list and I just posted a briefing about them on my blog...and below. If you like this article check out my blog where I highlight stocks that travel under the radar of the free financial media at DanielNathel.Blogspot....After hours price as of 02.28.08 - $8.54; Conference call scheduled for 03.03.08 at 4:45 pm.
TurboChef Technologies (OVEN) is a tough call, but it deserves a little more than the cold shoulder before they announce their quarterly earnings on Monday. If the ticker and the company name are not enough of a hint, TurboChef specializes in speed cooking technology. Their narrow market focus and the increasing demand for food cooked fast offers an opportunity for strong economic growth. Unfortunately, from 2004 to 2006 there income statement would prove otherwise, with revenue consistently declining from over $70 mil in'04 to under $48 mil in '06. Don't be mistaken though, they have been on the up and up, and in the 9 months beginning last January they already reported over $52 mil in revenue.
OVEN lost about 50% of its market value just in '08, mainly because news broke that Starbuck's, one of their top 3 customers, reported that they would phase out their hot sandwich offerings in the fall (they were stinking up their coffee shops) and they just couldn't recover from the down trading market. Volume has been on the rise recently and the price started following this week making an upward move of about 10%.
Their are a ton of risks associated with OVEN including a history of negative earnings, there is not really a direct competitor to compare them against, 60% institutional ownership, almost 38% is held by insiders, 18% of the float was short at the end of January and the list goes on. But, there is some upside potential in the short run, if not long, for at least a ride on the rebound if they report good news Monday.
I say long run because they make good, expensive, speed cooking products that should spread globally over time; as they have in the US. They also offer an extremely upper end speed cooking oven for residential kitchens (that I am sure has had a tough time selling along side of the new home starts) that will probably not be so uncommon in the future. To top it off, the consensus of analysts covering OVEN expect earnings to be a positive 3 cents for the last quarter of '07 and to stay out of the red rising to .19 cents for the fourth quarter of '08.
If you are interested in purchasing shares of OVEN check out some of the other players in the cooking equipment market including Middleby Corp. (MIDD) and companies that you feel operate with similar demand, but don't expect OVEN to move in sync with them (because of their R and D focus). Most of those guys did good recently and I think the upside potential should out way the downside risks, which look like they have already been factored in, for Mondays conference call.
Disclosure: I may, or may not, invest in or trade shares of OVEN, but I currently have no position in the company. Reply
Best and Worst Performers YTD [view article]
You missed PAL. Reply