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das555

das555
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  • Report: Energy Transfer to bid for Magnum Hunter's stake in Eureka pipeline [View news story]
    Why? - I thought we were not going to use fossil fuels any longer...
    Aug 24, 2015. 01:00 PM | 4 Likes Like |Link to Comment
  • Rebuilding The Wall Of Worry [View article]
    Timely and accurate. Reason over emotion will succeed.
    Aug 21, 2015. 09:37 AM | 1 Like Like |Link to Comment
  • Tax Free Income From Municipal Bond Closed End Funds [View article]
    Interest rate risk in these funds should pertain primarily to the cost of the fund's leverage. Unlike ETFs which must sell to cover redemptions which often occur in an enhanced interest rate environment, or bond funds that actively trade their holdings, Closed End Funds do not have to sell their holdings when they may be at a depressed price due to an increased interest rate environment and they usually hold their bonds until called or maturation making their bond holdings income flow (and thus their distributions to CEF holders) stable.
    Additionally, when their holdings are called or mature in a higher interest rate environment the "new" bonds then acquired would likely be providing a higher yield.
    Aug 20, 2015. 02:08 PM | 3 Likes Like |Link to Comment
  • 3 Shipping Stocks With High Yields And A Positive Outlook [View article]
    From the conference call:

    Shawn Collins - Bank of America/Merrill Lynch
    Okay, great. That’s helpful Jerry. Just my last question and I know you and I have touched upon this offline before, but I just wanted to touch upon the Greek volatility and the social and political situation there. I just wanted to ask, is this having any operational impact on your business and if you can just comment on that please?

    Jerry Kalogiratos - Chief Executive Officer, Chief Financial Officer
    Sure. As you know capital products is an international Maritime MLP and its registered under the laws of Marshall Islands and as such is not subject to Greek corporate tax. It controls vessels that sail under the Liberian or the Marshall Islands flag and they operate worldwide.

    Little exposure to Greek taxation.
    Aug 20, 2015. 09:51 AM | 1 Like Like |Link to Comment
  • 3 Shipping Stocks With High Yields And A Positive Outlook [View article]
    GLOP had a nice quarter and management reports good visibility to distribution growth.
    Aug 18, 2015. 07:39 PM | 1 Like Like |Link to Comment
  • 2015 Exposes Shaky MLP Fundamentals [View article]
    Scoots: Well thought out comment. Thanks.
    Aug 15, 2015. 08:44 AM | 4 Likes Like |Link to Comment
  • After Hours Gainers / Losers [View news story]
    EPD at 6:01PM + .01%.
    Aug 14, 2015. 06:26 PM | 7 Likes Like |Link to Comment
  • 2015 Exposes Shaky MLP Fundamentals [View article]
    This industry, like all others, requires selective and specific investment based on a per company evaluation. This is one reason I avoid MLP ETFs and choose specific companies (EPD, ETP, MMP, SEP, KMI).
    Aug 14, 2015. 04:27 PM | 5 Likes Like |Link to Comment
  • 4 Reasons Why Oil Will Not Trade Much Below $40 [View article]
    All depends on your time line - "lower for longer" is the current mantra: but what is longer? If you accept that the world's population is expanding and that energy needs are congruently increasing and that profit motive is still extant then oil price will eventually rise. Next month, next year, in five years? Who knows the timing; but if you are not a short term trader and are in truth a long term investor then the energy space currently is a fertile ground.
    Aug 10, 2015. 10:01 AM | 1 Like Like |Link to Comment
  • Retired Investors Don't Buy Bonds Until? [View article]
    One may also recall that not all bonds (and bond funds) are the same. Municipal bonds of high quality (or funds such as CEF Munis that don't trade bonds but hold until call or expiration) have tax implications that may well make them and their real "spendable yield" attractive to certain high bracket retirees.
    Jul 29, 2015. 12:02 PM | 1 Like Like |Link to Comment
  • Energy Transfer Partners declares $1.03 dividend [View news story]
    Dividend Raise = One of the better measures of a company's good health...
    Jul 23, 2015. 05:58 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan - The Time To Buy Is Now [View article]
    Not an equity for a trader but an excellent holding for the long term income investor whose energy portfolio should consist of blue chip companies with solid high moat business models providing generous dividends. Many of these are now on super sale as traders, momentum investors and energy tourists are leaving the space. Residents think KMI, EPD, MMP, SEP...excellent opportunity.
    Jul 22, 2015. 06:11 PM | 4 Likes Like |Link to Comment
  • Equity CEFs: Back Up The Truck On SCD [View instapost]
    http://seekingalpha.co...
    Jul 1, 2015. 06:29 PM | Likes Like |Link to Comment
  • GasLog Partners to buy vessels from GasLog for $483M, to offer 7.5M units [View news story]
    Solid company. Nice buying opportunity.
    Jun 22, 2015. 04:52 PM | Likes Like |Link to Comment
  • Weighing The Week Ahead: The Market Message For The Fed [View article]
    I agree with a CEF as being a potentially good bond fund structure for a rising rate environment. In particular a Muni holding CEF does not make its income from trading bonds but from most often levered holding of muni bonds until maturation or call. The CEF market price may fall with holder sales induced by fear of rising rates (providing a better entry point and greater "discount" to holdings) but the income provided by the CEF's holdings being not dependent on trading and in a CEF structure not forced to be sold by managers to meet redemptions remains reasonably stable and therefore the dividends provided are reasonably safe. The cost of leverage will increase with rising rates but as some compensation the bonds purchased to replace matured/called bonds will provide greater yield in this environment.
    Jun 14, 2015. 03:12 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
269 Comments
656 Likes