loonsong

loonsong
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  • Eagle Bancorp Flying High  [View article]
    Thanks for the follow-up Stephen.
    Congratulations as well, the performance on Eagle has been exceptional.
    Loonsong

    Maybe they would like to buy my SONA. The founders are probably ready
    to try and retire again.
    Feb 5, 2016. 04:22 PM | Likes Like |Link to Comment
  • What The Flint Situation Tells Us About Water Investing  [View article]
    Thanks George,
    You are wise to exclude CA utilities. We won't build hotels out here either; too much trouble and corruption.
    As an aside, sold the SE jan 35 calls and would willingly part company there. Thanks for your thoughts on that one and TE. Lots of TE puts expiring next month.
    Jan 27, 2016. 04:14 PM | Likes Like |Link to Comment
  • What The Flint Situation Tells Us About Water Investing  [View article]
    Thanks George,
    This is a terrific article. Having lived in the Carmel, Monterey area and watched the political and social lunacy surrounding water issues there and the introduction of "non-profit" overseers which can't get removed since they count the publics votes I have sworn to never own a water company west of the Atlantic.
    Thanks for an excellent article,
    Loonsong
    Jan 27, 2016. 01:53 PM | 1 Like Like |Link to Comment
  • While The Market Falls, OceanFirst Continues To Add Value  [View article]
    No on CAC, but I will take a look,
    Loonsong
    Jan 20, 2016. 11:59 AM | Likes Like |Link to Comment
  • While The Market Falls, OceanFirst Continues To Add Value  [View article]
    Thanks for the review Profit Fan, I like this idea.
    I am going to take a this one.
    Best of everything in the new year.
    Loonsong

    PS: I did fill that position in catc
    Jan 19, 2016. 04:16 PM | Likes Like |Link to Comment
  • Kohl's - The Discount Retailer Is Poised To Deliver In 2016  [View article]
    Thanks for your review of KSS.
    My 2016 Wish for KOHL'S is that they buy back the other 50% of the stock
    and go private.
    Loonsong
    Jan 1, 2016. 12:57 PM | Likes Like |Link to Comment
  • MidWestOne's Dividend Is Ready To Grow  [View article]
    Thanks for the fine article, as always, Profit Fan.
    My best to you and yours in the coming New Year.
    Loonsong

    PS: I never owned this one!
    PS2: I am closing in on 5000 CATC and would love to get there around 46.00.
    Thanks for the updates on that one in the past 18 months.
    Dec 30, 2015. 02:18 PM | 1 Like Like |Link to Comment
  • Putting Cummins Under My Retirement Portfolio Tree  [View article]
    Thanks for your thoughts Patrick, you've picked a great company at an attractive price, and thats what you want to do. Better yet, you've picked up a great management team and having them on your side. They can't control the dollar, the global economy or the day to day price action of their stock. However, if you watch how quickly they react, adapt and take advantage of whatever opportunities that come their way, you'll see the value they add.

    If you google up articles on CMI in Forbes you may also see what a remarkable corporate citizen the Company is and this too illustrates superior management. It also adds to your understanding of company y's culture.

    A half position is a good place to start and you might want to DRIP this one as well. I have owned it for almost a decade and I have no intention of selling. If its 150
    or 80, it isn't going to keep my cats from eating or cause me to worry. Build a position over your investing lifetime and you will be quite pleased.
    Loonsong
    Dec 26, 2015. 12:11 PM | 9 Likes Like |Link to Comment
  • Bridgehampton National Bank - Opportunities For Growth In A Tough Market  [View article]
    Daniel,
    most of the critical numbers can fit in a small grid and show three to five year info.
    Again, take a look at Profit Fans work and Stephen Rosenman for direction.
    BDGE has been around for 105 years and for much of it they slept and took in local business at a snails pace. They were content with that and the dividend kept the shareholders happy. But the stock was 20 to 23 and the yield appealing. New management has been on board for quite a while and they are a bit quicker footed, but theirs is a competitive market and many can bank anywhere. In all honesty, I believe someone will eventually buy them.
    In the same region, look at SBNY, or a Bank and Trust operator in Boston like CATC. Those are interesting outfits. They are not screaming buys but you can use the occasional dip to buy a little.
    Happy Holidays,
    Loonsong
    Dec 23, 2015. 11:45 AM | Likes Like |Link to Comment
  • Bridgehampton National Bank - Opportunities For Growth In A Tough Market  [View article]
    Daniel, take a look at Profit Fan's work on banks. It might be helpful to you as a writer and an investor. The numbers on Bridge, which I did own and follow for a decade or so, will highlight the relative attractiveness of the company and other choices in this space a little bit better.
    Loonsong
    Dec 23, 2015. 12:32 AM | Likes Like |Link to Comment
  • Kohl's: High Dividend Yield, Quality Company At A Cheap Price  [View article]
    Thanks for the article on KSS. I agree, that at this price or lower, its a bargain based on the numbers, but the customer experience in my area at least is poor. I purchased two items there yesterday and not a single "associate" spoke to me except to ask if I wanted to buy a bag. Not having prices on the over half the items I looked at was annoying. The two guys they hired ought to visit the stores and see what the reality of the KSS experience is at the ground level. They have a long way to go and if anyone else had the jeans I needed, I wouldn't have shopped there.
    Loonsong
    Dec 13, 2015. 04:09 PM | 2 Likes Like |Link to Comment
  • AT&T: How To Turn Average Results Into Solid Gains  [View article]
    Rebel, you got it. Sell 30 puts naked and 35 calls if they are 10% over my cost and redo over and over again. VZ too at 40 and 48.
    Loonsong
    Dec 10, 2015. 01:43 PM | 3 Likes Like |Link to Comment
  • Answering 2 Questions About Wal-Mart's Future  [View article]
    Thanks for the article Eli. I own WMT and have for almost a decade. I shop there too.
    I have yet to see myself getting my bread, eggs, soup, cat food and milk online. Nor have I resented WMT or Amazon for putting a lot of tired retailers out of business. As a friend in a small hardware store once told me, Lowes and HD create opportunities for the creative retailer and a nightmare for the lazy one. He also told me that his kids didn't want to own a hardware store so the family business was going to be sold some day to another creative person.
    Looking long term, WMT will probably produce acceptable returns for patient investors from this level. Like many other well managed firms, WMT will recreate itself and do just fine. How often in the last 35 years have I heard that a variety of firms from 3M to Chubb and McDonalds, as mentioned above, were lost leaders in decline. Management has made the difference. As well as the point of entry or better yet, points of entry.
    You are absolutely correct, price matters. Especially for the long term investor who is also interested in income.
    Thanks for this and your other articles,
    Loonsong
    Dec 8, 2015. 05:22 PM | Likes Like |Link to Comment
  • Do The Stagnant Shares In Fastenal Provide An Opportunity?  [View article]
    Thanks for reviewing FAST.
    I have owned it in the past and always keep an eye it.
    The p/e is a stumbling block for me going forward, so I
    sell puts twice a year at a 16 p/e if I can and get paid for
    having a hook in the water.
    This is a superb company and like a jewelry company and
    furniture company I occasionally use, would be a perfect fit
    for an outfit out of Omaha.
    Loonsong
    Nov 29, 2015. 01:51 PM | 1 Like Like |Link to Comment
  • United Bancshares: Trading Below TBV And It Looks Like The Market Forgot To Price In Last Year's Acquisition  [View article]
    PF,
    There's a lot of dots in this world, so don't worry about it.
    An exercise in dot connecting might be a look at SONA's
    list of major holders: those are names to remember.
    Don't take that as encouragement to write up the stock.
    Another dot or pair of dots, is the age of the two top people
    at an institution as well as how many people have the same last
    name.
    Loonsong
    Nov 3, 2015. 12:43 PM | Likes Like |Link to Comment
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