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  • AT&T: A Beautiful Spot To Be In  [View article]
    Same here. Based upon continuing positives on T in recent months, the dividend increase notwithstanding, just increased my holdings by 40% to a whopping 7.6 % of total portfolio. This is new territory for me prompted in part to the still very low interest rate environment and the need for income.
    Dec 31, 2015. 01:05 PM | 4 Likes Like |Link to Comment
  • Apple Needs To Bring Its Cash Home: The Sooner The Better  [View article]
    After all the bantering throughout this comment stream, yours is an excellent summary. It's really about the results isn't it . . . . .
    Dec 31, 2015. 10:28 AM | Likes Like |Link to Comment
  • Consolidated Edison - An Unsettling Look At Shareholder Yield  [View article]
    How does ED benefit from low fuel prices? They generate very little of the power they distribute. While fuel surcharges are a factor, purchased power is on long term contracts essentially at fixed cost over an extended period.
    Dec 31, 2015. 10:05 AM | Likes Like |Link to Comment
  • ConocoPhillips Has A Great Plan, But There's A Catch  [View article]
    The failure to cut or at least reduce the dividend earns Mr. Lange a huge F.
    In my view he must go. Incidentally, keep an eye on Lange's "performance" options. The prior tranches at yesterday's price will either expire or be cancelled and replaced by new ones at today's price or wherever the FY15 lows were. Is there anyone out there in the COP investor public who can do the same? Come on folks, get real!
    Dec 30, 2015. 11:49 AM | 3 Likes Like |Link to Comment
  • When Will Bank Of America Monetize All Those Deposits?  [View article]
    Good question. Hopefully someone will chime in. The reserve I recall from decades ago may have been as high as 25%. Not sure I understand the "LTD" as its explained in the article.

    What's interesting is the reluctance to make loans verses using the capital in the more profitable (and risky) trading arena. Don't recall that's BAC's strength compared to JPM and others
    Dec 30, 2015. 08:49 AM | Likes Like |Link to Comment
  • Apple Needs To Bring Its Cash Home: The Sooner The Better  [View article]
    Because at some point they'll decide to spend it where it is; namely, some R&D facility in places like China. Others are doing it so why not AAPL.

    Here' s yet another classic example of congressional disfunction. Politicians ineptly messing with the U.S. Economy by simply not doing their job.
    Dec 29, 2015. 10:14 AM | Likes Like |Link to Comment
  • ConocoPhillips Has A Great Plan, But There's A Catch  [View article]
    A plan with such a catch isn't much of a plan, in my view. A plan including the CEO's departure. . . . . now that's a plan!
    Dec 29, 2015. 09:55 AM | 2 Likes Like |Link to Comment
  • Consolidated Edison - An Unsettling Look At Shareholder Yield  [View article]
    You're comparing apples to oranges. COKE, XOM, and ED live in widely different business environments. Utilities routinely sell/issue new shares to raise capital. It's that capital subsequently invested in infrastructure that becomes the basis when regulators set allowable rates of return and in turn customer bill increases.

    While COKE and XOM may fall into the same pot in this regard, alternatively investors should note that share issues in the high tech world may go almost entirely towards granting option awards.
    Dec 28, 2015. 01:30 PM | 3 Likes Like |Link to Comment
  • The Return Of The Economy Sedan: 3 New Entries From Hyundai, Honda And GM That Could Move The Stocks  [View article]
    Who buys cars anymore? Answer: People with money. Those without must lease by necessity. Leasing, especially with relatively low mileage restrictions, doesn't pay. Sure you get a new car every 40 mos., or so but those buying with car payments can usually keep the car in excess of six years without excessive maintenance cost. Cars today are reliable with convenient features. Do the math; it pays to own especially in this low interest environment where cash in a savings acct, CD's, you name it earns zero.
    Dec 26, 2015. 12:39 PM | 7 Likes Like |Link to Comment
  • General Electric Faces A New Year And Era  [View article]
    Can't say I fault GE for abandoning Ct. once they increased taxes. Maybe they should consider Nevada especially if they sell out to Haier.

    That's all we need . . . . . more Chineese labels in Lowes, et al.
    Dec 24, 2015. 11:34 PM | Likes Like |Link to Comment
  • Mesabi Trust Is Undervalued And With Iron Ore Price Upside And No Capex  [View article]
    I recall the same conflicting scenario. The question should be directed to the trustees. My recollection was the youngest of perhaps just a handful of survivors is 68 not 58. There may also be a similar question regards proven reserves. Beyond that, it would be helpful to see a pellet customer breakdown. For example, percentage of shipments going to US mid-west mills, shipments for export outside the US, etc. Finally, what's the competitive status with South American producers?
    Dec 24, 2015. 10:56 AM | Likes Like |Link to Comment
  • Breaking Banco Santander Down In Parts: The Mexico Edition  [View article]
    Not so sure we can tag Ana Botin at this juncture. SAN's weaknesses, as pointed out in the article, are the result of weak economies within their operating sphere. What's important, in my opinion, are CEO's taking action such as the revised dividend policy in a timely fashion. Far too many delay this action (witness oil giant COP) merely to placate income seakers to the detriment of mere survival in a business where cash is king.

    The political and economic climate in Brazil and virtually all other Spanish speaking countries continues to be problematic. It's too soon to tell if there's light at the end of this tunnel.
    Dec 24, 2015. 10:19 AM | 2 Likes Like |Link to Comment
  • Breaking Banco Santander Down In Parts: The Mexico Edition  [View article]
    Absent an analysis of the loan book, SAN remains a risky bank investment in my opinion. Remember, loan loss provisions as shown on the charts are loans ranging from either behind payments or simply in default and everything in between. In a sense, it's past history.

    It's the current loan quality that must be addressed. In the U.S., for example, credit is extend for auto loans to clients with very low creditworthiness. Perhaps when the author looks at the U.S. segment, he can cover the loan book in some detail.
    Dec 23, 2015. 11:24 PM | Likes Like |Link to Comment
  • Which chain is winning Chipotle's traffic?  [View news story]
    Think you are spot on. Customers are simply staying home but for how long is an interesting question. Your bottom line . . . there is no substitute which explains their success from the get-go.
    Dec 22, 2015. 11:06 PM | Likes Like |Link to Comment
  • Which chain is winning Chipotle's traffic?  [View news story]
    Buyer beware. There will be no second chance for Chipolte. Another outbreak and they could be "down for the ten count". That's a major gamble in my opinion and makes the sidelines pretty inviting for quite some time.
    Dec 22, 2015. 10:58 PM | 1 Like Like |Link to Comment
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