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4n7sjkl

4n7sjkl
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  • Petroleum & Resources: A Cheap Way To Invest In Energy [View article]
    I have owned this fund for many years and, as far as I remember, it
    ALWAYS has sold at this level of discount. Therefore, the discount should not be a major consideration in buying this fund.
    Mar 6 09:19 AM | Likes Like |Link to Comment
  • Commonwealth REIT (CWH) fell 4.3% last night after a motion to block the company's secondary offering were denied. The offering of 34.5M shares is expected to close today. (PR[View news story]
    Makes a lot sense. Anyway, I sold our IRA holdings yesterday before the market closed which, so far, looks like a good move. I'm keeping my holdings in our taxable account and if CWH prevails I will sell it for a loss (let the government cover part of my losses for letting the markets run like the old wild west).
    Mar 5 10:30 AM | Likes Like |Link to Comment
  • Commonwealth REIT (CWH) fell 4.3% last night after a motion to block the company's secondary offering were denied. The offering of 34.5M shares is expected to close today. (PR[View news story]
    This unfortunate and just to show you that there are no laws to protect the small investor from a management which set its mind up to enrich themselves at the expense of the shareholders, who have seen their principal and dividends shrinking, while RMR's fees keep increasing. And where is the SEC who is supposed to protect the small investor? Let us hope time will prove me wrong.
    Mar 5 07:13 AM | Likes Like |Link to Comment
  • Power Struggle At CommonWealth REIT Highlights Undervalued Shares [View article]
    Let us hope that woolfs at CWH who have been enriching themseleves at their shareholders' expense found their match.
    Feb 26 01:12 PM | 1 Like Like |Link to Comment
  • W. P. Carey (WPC): Q4 AFFO of $1.13. Revenue of $128.9M. (PR[View news story]
    This one exceptional company I am sorry I have not bought more of years ago.
    Feb 26 09:30 AM | Likes Like |Link to Comment
  • CommonWealth Management Needs To Go [View article]
    Billy-Unless the 'dog' outmaneuvers the guards-this is a very vicious and canning dog.
    Still, I hope you are right.
    Jan 26 08:16 AM | Likes Like |Link to Comment
  • CommonWealth Management Needs To Go [View article]
    I read yesterday that a hedge fund took a 5% position in the company. Maybe, there is some hope here, after all.
    Dec 13 09:15 AM | Likes Like |Link to Comment
  • CommonWealth Management Needs To Go [View article]
    What stroke me is all those buildings that are under occupied, which they now have to rent out at below market prices or sell at a loss. This is what happens when one keeps buying buildings for the sake of generating management fees for RMR, regardless of their earning power. What a shame.
    Nov 8 09:05 AM | 1 Like Like |Link to Comment
  • CommonWealth Management Needs To Go [View article]
    If pressure on RMR continues and no activist investor will step in, they might decide to take the company private at a fraction of the book value. This will be their biggest coup yet or, maybe, this might have been their goal all along.
    Nov 5 08:35 AM | 1 Like Like |Link to Comment
  • CommonWealth Management Needs To Go [View article]
    Hype Zero-The economy has nothing to do with what's going on with CWH. There are plenty of REITS which have performed very well in the same environment. The difference is that, in this case,
    It seems that management is putting themselves ahead of the shareholders, while the others, practice the opposite approach. Two examples for successful companies which are sharehoder friendly are W.P. Carey (WPC) and Realty Income (O).
    Nov 2 05:42 PM | Likes Like |Link to Comment
  • CommonWealth Management Needs To Go [View article]
    Somehow, activist shareholders do not seem to be attracted to the stock, despite it being sold at a fraction to book value. Maybe, they feel that the mess the company had been driven into is too much for them to handle. If the SEC would not bother,as stated above, and no outside activist force will step in, the downward spiral will continue, unless RMR will reverse course, which is very doubtful under the circumstances. What a shame. And then the pundits wonder why the investor public, is shying away of the stock market.
    Nov 2 09:09 AM | Likes Like |Link to Comment
  • CommonWealth Management Needs To Go [View article]
    It sounds as if The Board of Directors, which is supposed to represent shareholders interests, has given RMR a license to enrich themselves at the expense of the shareholders. Something is very 'fishy' here and, unless an outside force gets involved, one can expect diminished stock value and dividends.
    Oct 31 10:21 AM | 2 Likes Like |Link to Comment
  • CommonWealth REIT (CWH) declares $0.25/share quarterly dividend, 50% decrease from prior dividend of $0.50. Forward yield 6.8%. For shareholders of record Oct 22. Payable Nov 21. Ex-div date Oct 18. Shares -3.4% AH. (PR[View news story]
    I agree that drastic action has to be taken in order to protect the interests of the shareholders. But who is going to initiate it? Unless a big activist shareholder will step in, the chances of a change are practically non existent, since the external management company has no incentive to alter a very lucrative arrangement for them.
    By the way, my impression is that the spun off companies are partially owned by the parent company, to which dividends are being paid.
    Oct 10 12:29 PM | Likes Like |Link to Comment
  • CommonWealth REIT: Beware The Dividend Trap [View article]
    This is not a big surprise and the bad news will probably continue until the outside manager's contract will be changed to line up their incentive program to be more aligned with shareholders interests. However, since the deterioration has been years in the works, the only realistic hope here is for a big active investor to shake things up.
    Oct 10 10:34 AM | Likes Like |Link to Comment
  • CommonWealth REIT: Beware The Dividend Trap [View article]
    Some blame the underperformence on the economy and hope that, once improved, things will get better here. However, there are REITS such as W.P. Carrey (WP) and Realty Income (O) that almost doubled at the same time frame that this company's stock halved, due to a deterioration in earnings and cash flow. There is more to it than that.
    Sep 29 08:34 AM | Likes Like |Link to Comment
COMMENTS STATS
88 Comments
66 Likes