Bob Carl

Bob Carl
Send Message
View as an RSS Feed
  • Is LendingClub In Danger Of More Declines?  [View article]
    Shallow analysis. LC is performing well, but they will have issues from time to time. What company doesn't. Very long LC
    Feb 11, 2016. 04:01 PM | Likes Like |Link to Comment
  • Magellan Midstream: Is It Worth Your Time?  [View article]
    Probably 5% or less, but in true credit crisis, all bets are off.
    Feb 8, 2016. 07:50 PM | Likes Like |Link to Comment
  • Magellan Midstream: Is It Worth Your Time?  [View article]
    I hope the author bought his KMI recently. If so, only then he may have better upside than I have with my MMP that I have held for 15 years. But, I would never sell MMP for KMI or almost anything else. MMP is the best of its breed. It is not immune from weakness in oil markets though and, realistically, it will grow much slower over the next two years than it has during the last two years. It's long term future is bright.

    Owning 62,174 MMP, I have studied MMP's 10-Qs, 10-Ks, 14-As and other filings. I have participated in a number of MMP's earnings calls. I have been a CEO and Chairman of a successful public company and a director of two other public companies. So, I think I have the experience to understand a business, and in my experience, I have not seen a better company than MMP.
    Feb 7, 2016. 07:15 PM | 8 Likes Like |Link to Comment
  • Time For Exxon To Wake Up  [View article]
    Misguided article. I am buying more XOM tomorrow.
    Feb 2, 2016. 04:45 PM | 6 Likes Like |Link to Comment
  • LendingClub: Can It Get Worse?  [View article]
    There's only one thing wrong with LC: the greed of its initial VC and underwriters. If it had been priced at $10 on its IPO, its current price would not be that extraordinary. Rather it was priced at $15 thirteen months ago. That meant more money upfront for selling shareholders, management exercising options and restricted stock, etc.

    Well, all of that is in the past. LC is becoming one of my largest holdings because after doing extensive analysis, I can't find a better growth opportunity. Also, I used to be a CEO or a medical services company and a director of a bank holding company. Talk about regulation! And yet, management dealt with it. So will LC.
    Jan 19, 2016. 10:50 AM | 9 Likes Like |Link to Comment
  • Love The Company, Hate LendingClub Stock  [View article]
    I am long 30000 LC. Still buying.
    Jan 16, 2016. 12:02 AM | 2 Likes Like |Link to Comment
  • Love The Company, Hate LendingClub Stock  [View article]
    The only problem with LC stock is that it was subject to an overpriced IPO a year ago. It's valuation now is much more realistic relative to a discounted cash flow model, but market sentiment is highly negative now.
    Jan 15, 2016. 12:47 PM | 4 Likes Like |Link to Comment
  • Exxon Mobil - Catch The Falling Giant, But Be Cautious  [View article]
    Long experience (over 40+ years as an investor) tells me that one makes good investments buying good companies having a bad time of it. XOM and its ancestor, Standard Oil, have been around for 145 years. Yes, 145 years. During that time, it has weathered many storms: the 1911 Breakup, the Great Depression, WW II, OPEC and nationalizations. It has dealt with prolonged periods of low oil prices too. This too will pass.

    I agree, the current picture is bleak, and I wonder why its stock is not cheaper as I am still a regular buyer. But, I do not worry about my investment in Exxon. I do agree that investors should expect only marginal dividend increases until oil prices stabilize. Also, XOM will probably suspend its stock purchase program. And management will cut back capital expenditures so that free cash flow is stabilized.
    Dec 18, 2015. 01:19 AM | 23 Likes Like |Link to Comment
  • Exxon selects Woods as its new president, heir apparent to Tillerson  [View news story]
    Interesting that the XOM Board chose a refining guy, not an E&P man. This bespeaks pessimism regarding the future direction of oil prices for the foreseeable future.
    Dec 11, 2015. 04:32 PM | 7 Likes Like |Link to Comment
  • Exxon needs "another Mobil" to boost shareholder value, analyst says  [View news story]
    It will be BP.
    Nov 30, 2015. 02:39 PM | Likes Like |Link to Comment
  • Merck declares $0.46 dividend  [View news story]
    Keeps pace with inflation.
    Nov 24, 2015. 02:53 PM | 1 Like Like |Link to Comment
  • Chesapeake Energy - Expect A Turnaround  [View article]
    My God, get your facts right before publishing!
    Nov 14, 2015. 02:22 PM | 2 Likes Like |Link to Comment
  • Magellan Midstream Partners: A Leading Investment In The Energy Sector  [View article]
    Listen to the conference call or read a transcript thereof. It's all detailed. One of the main drivers is MMP's refined products pipeline which shipped higher volumes (due to increased demand caused by lower gasoline prices) at a 4.6% tariff increase.
    Nov 4, 2015. 12:51 PM | 1 Like Like |Link to Comment
  • Magellan Midstream Partners LP (MMP) Michael N. Mears on Q3 2015 Results - Earnings Call Transcript  [View article]
    Wonderful quarter from a great company. It doesn't get much better than this and the question is: how long does it last?
    Nov 3, 2015. 07:38 PM | Likes Like |Link to Comment
  • Exxon Mobil - Free Cash Flow Does Not Cover The Dividend  [View article]
    I ran a successful public company and I can tell you that good management is not static. Assuming so is a mistaken often made by analysts and investors. It is not a deer caught in the headlights. Look for XOM to continue to reduce capital expenditures and restore net free cash flow. I'm the meantime, as Rex Tillerson said, "We might lean on the balance sheet."
    Nov 3, 2015. 06:09 PM | 6 Likes Like |Link to Comment