Macquarie Infrastructure Co. Trust (MIC)
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- All Comments on MIC
- General Discussion on MIC
- PFP: Geographically Diversified but Exposed to Financials [view article]
- Global Infrastructure, Alternative Energy and the Cost of Commodities [view article]
- More Timber [view article]
- Correlating Infrastructure [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Jim Cramer's Mad Money Lightning Round, 4/10/08: Yahoo a Done Deal [view article]
- In Search of a 6% Yield [view article]
- Infrastructure ETF IGF's Appeal: Low Correlation to U.S. Stocks [view article]
- Infrastructure: The Next Bubble? [view article]
- 25 Good Short Candidates [view article]
- New Infrastructure ETF From SSGA: A Closer Look [view article]
loading ...Recent MIC Articles
- PFP: Geographically Diversified but Exposed to Financials
- Global Infrastructure, Alternative Energy and the Cost of Commodities
- More Timber
- Correlating Infrastructure
- The Cheap Pennsylvania Turnpike
- Wall Street Breakfast: Must-Know News
- Infrastructure: The Next Bubble?
- Infrastructure ETF IGF's Appeal: Low Correlation to U.S. Stocks
- Seven Asset Classes To Keep You Ahead When the Shock Wears Off
- In Search of a 6% Yield
- Full List of Articles »
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PFP: Geographically Diversified but Exposed to Financials [view article]
Puzzled that bckbf is included in pfp, a private equity fund. I didn't think a private equity company trades in the market. ReplyGlobal Infrastructure, Alternative Energy and the Cost of Commodities [view article]
I don't trust Cramer.Here's an article about gold and silver. The basic is idea is that you should sell gold when silver appears to be overbought. Pretty compelling evidence.
www.greenfaucet.com/ha... Reply
Global Infrastructure, Alternative Energy and the Cost of Commodities [view article]
FWIW:Jim Cramer, April 10, 2008:
"Macquarie Infrastructure (MIC): “I don't trust the Australian complex that is MIC.” Reply
Global Infrastructure, Alternative Energy and the Cost of Commodities [view article]
People have been saying for a number of years now that this is the largest transfer of wealth in the history of the world (West to East). Probably so. For sure, the Chinese are moving into megacities and using copper, oil, and everything else. The Vietnamese were buying so much gold that the government is now prohibiting gold imports. You're not going to preserve your capital in RIM or Microsoft. Those days are gone. The market has moved on and we all need new play books. ReplyNusbaum
More Timber [view article]
thank you for all the added value to this post ReplyMore Timber [view article]
Sorry, it's NOT NEWL, but KEWL.PK = the Keweenaw Land Holding Co., Ltd., which pays a minuscule 82 cent dividend...and I don't purchase low-paying dividend securities. c.f. SA.com/mb/topic57788-e... -keweenaw-land-association?... ReplyMore Timber [view article]
I had to go to the "Pink Sheets" to compare PCL to MIC,MGU, MFD, MCQPF and MCQRF...and if one had been prescient enough to have purchased NEWL (the obscure MICHIGAN timber company) back in 2000 or 2001, its gain (trades around $200, now) would have put PCL and all the other "newbies", to shame.But I ran correlation analysis on PCL, RYN and the infrastructure securities I listed and the max is 0.27; in addition, it depends on the time period chosen for comparison...the last 6 mos. have shown PCL's price/share is growing better than the Macquarie funds NAV's....but their dividends are much higher...and if you go back a few years with stockcharts.com performance comparison, I guess who wins is based upon the starting date.
Finally, with a security that pays dividends, you have a choice to reinvest or buy addl. lots when the price is down. I prefer the latter. Reply
More Timber [view article]
MIC and TWTUF don't have much in common, except for current pricing...TWTUF, which I bought several years back, and MIC, which is only 2 years in my portfolio, are uncorrelated. There are other, more obscure timber companies, which are even more volatile, with holdings in the Minnesota area.I have a position in MCQRF, MFD, MIC, PCL, MGU, and other "uncorrelated-wit... securities", and they pay me to hold their risk. I mentioned TWTUF, because it is a "stapled security", paying part income from the bonds, and part dividends from its timber (down) and land sales (up) on Vancouver Island.
If you want a steady performer, you might look at ATPWF, which is a Canadian Royalty (ATP/UN.TO), with income from U.S. operations, and which will not be affected by the Harper taxation plan, because its income is Not from Canada ...and it pays a monthly dividend >> PCL or any of the Macquarie infrastructure funds. I would wait for a slow price drop to buy below $9.80, for a >10% yield.
I'm not suggesting anyone buy any of these now. Reply
Correlating Infrastructure [view article]
Infrastructure (including leased roads, ports, tolls): Macquarie's funds_ MIC, MGU, MFD (all off their highs, but paying nice dividends) and MCQRF, buy below $3.00 U.S. ReplyNusbaum
Correlating Infrastructure [view article]
Heisenberg, a lot of the nuclear plant building industrials are Japanese companies. If you are bearish in Japan (I am bearish on it) then the question becomes what is more important--Japan not doing well or parts of this theme doing very well?Sorry I have no answer, I can tell you I don't own Japan equities and have no plans to. Reply
Correlating Infrastructure [view article]
In looking for a way to capture that portion of Infrastructure that is going to build all these airports, highways and toll roads, powerplants and schools, the closest I have found is the 48% of PKN that is Industrials, and you do get the Nucular kicker. Anyone else have a better idea?Thanks Reply
Correlating Infrastructure [view article]
I would add a cautionary note regarding many infrastructure plays, especially airports unless you think they will have a lot of value as flea market sites in the future. The world will likely be driving less as oil becomes ever more pricey and they will certainly be flying much less. There are better places to deploy investment capital. ReplyCorrelating Infrastructure [view article]
Lots to absorb. I read an article many years ago that bluntly stated that some fortunate individuals have a God-granted superior talent in a given discipline (such as Bobby Orr in hockey, or Manny Ramirez in baseball)and that the rest of us mortals may try to imitate them, but will never succeed. Roger has that talent, digging out investments and portfolio themes. I just sit back, admire his work, and think, WOW. Wish I could crunch the data as he does. ReplyCorrelating Infrastructure [view article]
I was inspired by El-Erian's thoughts, and had the same whoa! reaction to the infrastructure category. I spent half the day looking in vain for the ETF that covers the infra "sector." Then I spent most of the night building my own infra portfolio.So far, it looks something like this:
Utilities: JXI (ETF) - 1%
Communications: ETF (the CEF) - 1%
Diversified infrastructure: MGU (CEF) - 2.5 %
Steel: PKX - .0.5%
There are also possible plays on copper wire production and construction equipment. I couldn't find much for firms that actually do the engineering and construction; for example, Bechtel is privately held, last I knew. Reply
Wall Street Breakfast: Must-Know News [view article]
Gebby you are SO correct! "If it bleeds, it leads" mentality of the press has almost destroyed their readership. Mark Twain was right on the money when he said "To NOT read a newspaper is to be Uninformed, but to read them is to be Misinformed". Unfortunately the other media outlets are folloeing in the newspapers footsteps. Reply