Seeking Alpha

spiro3

spiro3
Send Message
View as an RSS Feed
View spiro3's Comments BY TICKER:
Latest  |  Highest rated
  • New study links smoking to more forms of cancer [View news story]
    Meanwhile, cigarettes are a legal product and the recent merger of LO and RAI is going to be a homerun
    Jun 20, 2015. 11:17 PM | 1 Like Like |Link to Comment
  • New study links smoking to more forms of cancer [View news story]
    Moooshelle is not an MD and it requires that.
    Jun 20, 2015. 11:14 PM | Likes Like |Link to Comment
  • New study links smoking to more forms of cancer [View news story]
    No such thing as being an owner, you just hold paper until you don't hold paper
    Jun 20, 2015. 11:13 PM | Likes Like |Link to Comment
  • Goldman Sachs full of conviction on Reynolds American [View news story]
    Reynolds now has all the growth brands. Newport is actually selling more units as is Grizzly, Santa Fe. Camel and Pall Mall are holding there own. They had earnings growing about 7% a year with negative 3% unit sales. Now they have Newport and it looks like about 1% growth in unit sales. That is huge. When they take price increases it will be on 4% better unit sales. If they would have merged Jan 1 this years earnings would have been 4.26 a share with 14-16% growth per year in earnings for 4 years out. At just 13% earnings growth they would be near $7.00 a share earnings with a 75% payout or 5.25 a share dividend just 4 years from now. That is Philip Morris of old growth. At current PE of 22 it's a 150 stock in 4 years. Who knows?
    Jun 16, 2015. 01:57 PM | 2 Likes Like |Link to Comment
  • New study links smoking to more forms of cancer [View news story]
    That sounds really stupid since its the republican party that is pro tobacco
    Jun 16, 2015. 01:46 PM | 1 Like Like |Link to Comment
  • Alliance Resource Partners Is Significantly Undervalued With A 9% Yield [View article]
    Well we had another bad week on a company that is very likely to keep up the distributions increases. I think the company at 26.44 is a screaming buy with a 10% distribution. At current price by year end they will likely be paying 2.75 distribution rate. The bias is for sure to the down size with people who recently bought at 30 thinking about selling at 26.44 or less. Any move below its current price is a good place to average in. Even at current dist. rate you get your money back in 10 years. With coal producers simply just closing down mines it makes ARLP look like a shining star with panic investors. I say it's an accidental high yield stock and so no reason why it can't go to 36-38 by year end.
    Jun 15, 2015. 12:01 AM | 1 Like Like |Link to Comment
  • Alliance Resource Partners Is Significantly Undervalued With A 9% Yield [View article]
    @Bartex......I'm worried because you said ARLP is paying a 2.52 distribution when the rate is 2.65, do you base stuff on old info or did you not update?
    Jun 11, 2015. 02:21 AM | Likes Like |Link to Comment
  • Reynolds-Lorillard merger gets FTC clearance with sale of four brands [View news story]
    We got the deal now so my plan made last year worked. It's the same as getting 89 a share for LO, plus collect the dividend on RAI on 627 shares while waiting.
    May 28, 2015. 04:12 PM | Likes Like |Link to Comment
  • Reynolds-Lorillard merger gets FTC clearance with sale of four brands [View news story]
    @North.........That was the time frame and that was a recommended trade after both retreated after the proposed deal
    May 28, 2015. 01:07 PM | Likes Like |Link to Comment
  • Reynolds-Lorillard merger gets FTC clearance with sale of four brands [View news story]
    LO dividend goes x-dividend 5/28 paid 6/10. The .2909 share of RAI you will get will not get a dividend on 7/1/15 which is the date RAI pays it's.
    May 26, 2015. 11:07 PM | Likes Like |Link to Comment
  • Reynolds-Lorillard merger gets FTC clearance with sale of four brands [View news story]
    @David49--------May 28th LO trades x dividend and paid 6/10. The .2909 share of Reynolds you get will be delivered after RAI trades x- dividend. No double header dividend
    May 26, 2015. 11:04 PM | Likes Like |Link to Comment
  • Reynolds-Lorillard merger gets FTC clearance with sale of four brands [View news story]
    They had only 2 before the merger
    May 26, 2015. 11:01 PM | 1 Like Like |Link to Comment
  • Reynolds-Lorillard merger gets FTC clearance with sale of four brands [View news story]
    The Lorillard dividend of .66 is ex dividend on 5/28 and will be paid on 6/10/2015. You will not get a dividend on the Reynolds .2909 shares you get for each Lorillard share as the deal will close after Reynolds trades ex. dividend. Myself------I lent myself the 50.50 per share cash for the 690 Lorillard I own. I used it to buy 627 Reynolds, thus I will get 200 shares on the deal close added to the 627 bought. I bought the 627 Reynolds for 55xx with the 34,845 cash. I'm not sure what I'm doing with the cash, maybe I'm buying something beat up, got a month to think about it.
    May 26, 2015. 11:00 PM | Likes Like |Link to Comment
  • Merger Arbitrage Is Still Relevant For The Reynolds American - Lorillard Deal [View article]
    @Alex.......Have 690 LO. After merger announcement kept eye on RAI which fell to 55. Lent myself 34,845 to buy 627 Reynolds (34,845 will be the cash I get for LO) plus 200 RAI upon the close of the deal. On the close my 34,845 is the 50.50 cash for 690 LO is returned to my account it was borrowed from. Thus in my POD account I will have 827 RAI for the 690 LO I use to own. At current price it comes to getting $89 in stock worth of Reynolds. If I had done nothing I would be getting 200 share of RAI and 34,845 cash which is about $72 for LO. Meanwhile I collected 4.8% dividend of RAI on the 627 I bought and the LO dividend from the 690 owned. That's 17 points more on LO plus the dividend on RAI and the 34,845 back in my other account.....17 points plus dividends is way more than if I did nothing
    May 24, 2015. 11:31 PM | 1 Like Like |Link to Comment
  • Merger Arbitrage Is Still Relevant For The Reynolds American - Lorillard Deal [View article]
    I picked up 137 shares of RAI, plus the dividend. Just after the announced the deal in 2014.....RAI fell to about 55. I bought 34,845 ( this is the amount of cash RAI is paying for my LO stock) bought 627 shares, get 200 upon close for 827. 827 times current RAI price divided by 690 LO is $89 per share. Upon close I get my 34,845 back and collected a 4.7% dividend on the money I lent to myself. Were it was pays just 1.1% interest. So if we get a surge in RAI on the announcement my LO deal may be $93 a share . This is against the $75 a share I would have got just holding. Then again..............
    May 23, 2015. 01:48 AM | Likes Like |Link to Comment
COMMENTS STATS
144 Comments
63 Likes