JLesinski

JLesinski
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  • Exxon Mobil's Dividend In 2016  [View article]
    Humanity's future? Please... Exxon is diversified and has interests in renewables.

    The power generation mix is becoming more renewable every month. Coal fired generation facilities are being retired all the time (you may notice your electric bill increasing). When greener fuels become viable they're brought to market - see, for example, CNG in trucks and buses, and now becoming more common in cars. Humanity will be just fine over the long term.
    Feb 10, 2016. 03:40 PM | Likes Like |Link to Comment
  • Don't Bet Against Blackstone Group - Cramer's Lightning Round (2/9/16)  [View article]
    As am I. I'm adding to my position at current levels
    Feb 10, 2016. 08:44 AM | 1 Like Like |Link to Comment
  • Don't Bet Against Blackstone Group - Cramer's Lightning Round (2/9/16)  [View article]
    In re: BX - Doesn't sound significantly different from what others are saying about the company. Despite cash reserves and other revenue streams, they are largely credit dependent for the business model and there may be near-term volatility due to the macro picture. If you think they can survive and the macro picture will improve, the stock is on sale. If you think they'll struggle and credit markets will significantly tighten, you should probably stay away.


    Long BX
    Feb 10, 2016. 08:31 AM | 1 Like Like |Link to Comment
  • Exxon Mobil's Dividend In 2016  [View article]
    "Exxon reiterated that it is a "price taker," but the conspiracy theorist in me says that Exxon is putting its new projects online to keep the oil markets well supplied, with the understanding that the company can "run out the clock" with its balance sheet. Prolonged low oil prices will take out a large swath of businesses. That will not only restore balance, but it will also give Exxon and others lots of acquisition opportunities in the future. Of course, that's just a hypothetical. I have no evidence that this is actually Exxon's strategy, other than the company's actions themselves."

    That is OPEC's, and specifically Saudi Arabia's, stated strategy. Regardless of whomever may be trying to do it, so long as Exxon is in a financial position to make acquisitions I don't care who effectuates it. The horizontal drilling counts are already falling, and many of those companies are heavily financed with high break-even prices per barrel. It's only a matter of time before we get a wave of Chapter 11s and asset sales.
    Feb 9, 2016. 04:35 PM | Likes Like |Link to Comment
  • Coca-Cola beats by $0.01, beats on revenue  [View news story]
    True, but blue chip divs may come back into fashion with the way the macro picture looks
    Feb 9, 2016. 08:13 AM | 2 Likes Like |Link to Comment
  • Coca-Cola beats by $0.01, beats on revenue  [View news story]
    When you consider that the global economy appears to be heading toward recession and you have the strongest dollar in a decade acting as a headwind on the revenues from emerging markets that have accounted for a large portion of Coke's growth for some time now, an 8% y/y decrease in revenue doesn't sound that bad.
    Feb 9, 2016. 08:11 AM | 8 Likes Like |Link to Comment
  • Common Mistakes In The Execution Of The Dividend Growth Investing Strategy  [View article]
    My mistake. I was looking for it at the bottom
    Dec 23, 2015. 01:52 PM | 2 Likes Like |Link to Comment
  • Common Mistakes In The Execution Of The Dividend Growth Investing Strategy  [View article]
    Scenic Dr - I don't disagree, as I prefer a DGI strategy myself. With 16 years in the market, this article probably isn't of much use to you since I presume you learned from experience (dot com & 2008) about tracking your holdings and staying on top of market research. This article is more salient for those who blindly bought blue chips in 2009 because they had high yields and were relatively sound companies
    Dec 23, 2015. 01:29 PM | 1 Like Like |Link to Comment
  • Common Mistakes In The Execution Of The Dividend Growth Investing Strategy  [View article]
    Scenic Dr - I don't disagree, as I prefer a DGI strategy myself. With 16 years in the market, this article probably isn't of much use to you since I presume you learned from experience (dot com & 2008) about tracking your companies and staying on top of market research. This article is more salient for those who blindly bought blue chips in 2009 because they had high yields and were relatively sound companies
    Dec 23, 2015. 01:29 PM | 3 Likes Like |Link to Comment
  • Common Mistakes In The Execution Of The Dividend Growth Investing Strategy  [View article]
    The author didn't disclose any positions nor do I think he indicated ownership in the body of the article. He highlighted BP and CVX (and KMI) to illustrate how important it is to monitor payout ratios in order to anticipate dividend freezes and cuts, so that DGIs can move into companies with healthier balance sheets.
    Dec 23, 2015. 01:24 PM | 2 Likes Like |Link to Comment
  • Common Mistakes In The Execution Of The Dividend Growth Investing Strategy  [View article]
    We don't know what's in your portfolio so the author can't assess it's quality, but the author did address your theory rather clearly in the second paragraph... Just because your portfolio is up, doesn't mean you accurately and fully grasp the risks of your holdings.

    "First of all, it is worth noting that those who implement the DGI strategy in a wrong way are not aware of their risks because almost every strategy has been highly rewarding in the ongoing 7-year bull market. As the S&P (NYSEARCA:SPY) has tripled since early 2009, it is really hard to have made so huge mistakes as to end up with poor returns. Therefore, most investors are currently very happy with their performance and do not question their strategy."
    Dec 23, 2015. 01:15 PM | 10 Likes Like |Link to Comment
  • Kinder Morgan: 75% Dividend Cut Deals Nasty Blow To Income Investors - Here Are Your Options  [View article]
    You'd be surprised by how much deference board of directors and corporate officers gets in a SEA 10b-5 manipulation/false statement action.
    Dec 9, 2015. 08:24 AM | 4 Likes Like |Link to Comment
  • Kinder Morgan wins spot on Goldman's Conviction Buy List  [View news story]
    Now that KMI consolidated everything into a C-corp you shouldn't have to worry about a K-1 anymore. Treatment will be the same as any other C-corp (AAPL, GE, KO, PEP, AXP, etc.)
    Aug 14, 2015. 02:57 PM | 2 Likes Like |Link to Comment
  • Credit Suisse lifts view of MLPs, sees 40% upside on revision to mean yield  [View news story]
    Also need to account for Iranian oil returning to the broader global market if/when sanctions are lifted. Last estimate I heard yesterday was that it would increase global supply by ~15%.
    Aug 14, 2015. 10:04 AM | 3 Likes Like |Link to Comment
  • Exxon Mobil off 1.8% premarket after lowest profit since 2009  [View news story]
    Oil and shale jobs account for 1.4m new jobs since 2008 with a total of 6.8m new jobs being created across the economy over the same period. Or in other words, not even close to being nearly all.


    The sky is falling! See, I can make outlandish statements without basis in BLS data too.
    Jul 31, 2015. 08:54 AM | 26 Likes Like |Link to Comment
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