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jarco

jarco
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  • Banco Santander: Is The 7% Dividend Sustainable? [View article]
    When you take the script dividend (more stock), your per share cost basis goes down and if in a non-IRA, you'll pay more US tax upon selling. I elect option #2 in the Santander dividend selection letter; namely, sell the rights in the open market. So far the proceeds are very close to the pre-tax level, I get cash into my non-IRA, and are not subject to the 21% Spanish tax.

    FYI, the authors 6.9% yield on a 9 stock price level appears incorrect based upon my account records, again dividends received sans Spanish tax. My yield was 7.6% for the year 2013, 9.1% for the last qtr.
    Jan 23 12:38 PM | Likes Like |Link to Comment
  • Bridgeline Digital Should Be Trading At Least 75% Higher [View article]
    Thanks for the rare BLIN article. I've had a position in this company for several years, sent compatriots to annual meetings, etc. Given the move from brick and mortar to on-line a number of years ago, I felt their business plan was quite compelling. Unfortunately, they continue to disappoint. I'm not sure the company possesses the management skills, especially at the very top, to exploit what seemed obvious at the outset.
    Jan 22 05:17 PM | Likes Like |Link to Comment
  • BPZ Resources: Positive Operational Update - Time To Buy? [View article]
    Aside from oil production, which appears to be on the newsworthy positive side, other issues remain undisclosed; namely, how are they coming on the necessary infrastructure. This region is essentially undeveloped requiring what we in the mature oil patch take for granted. Until there is more color on these peripheral aspects, the stock will continue to linger. Long BPZ
    Jan 22 12:33 PM | Likes Like |Link to Comment
  • 10 Reasons Starbucks Could Suffer [View article]
    As an added sense for what is "going on" in China, take a gander at their high speed rail infrastructure via:

    http://bit.ly/1eSM7t3
    Jan 22 11:49 AM | Likes Like |Link to Comment
  • Suncor Energy: Long-Term Superstar [View article]
    Yes, but this should not be a major factor for the prospective investor, in my view. With rising US oil production at a fraction of the Tar Sands cost base, I'd raise a precautionary flag in this space. Uncertainty related to the Keystone Pipeline project is another factor.
    Jan 22 11:26 AM | Likes Like |Link to Comment
  • Growing Pains For Starbucks As It Seeks New Ways For Continued Expansion [View article]
    You're both right which brings us back to your initial premise about which I disagree. The China market for SBUX is in the "new" China. The rapidly growing upper-middle class which today actually outnumbers the equivalent sector of the US economy.
    Jan 22 11:17 AM | Likes Like |Link to Comment
  • 10 Reasons Starbucks Could Suffer [View article]
    I agree with your comments and the majority of others responding to this SBUX article. Regards China, most US based analysts do not understand what's happening over there. For example, and to your specific comment, China's middle class is larger than the US RIGHT NOW. With some 1.1 or 1.2 billion population, the Beijing-Shanghai corridor contains 350 million (the entire US population) and has has more upper-middle class (SBUX clientele) than the US. The term "Middle Class" is too broad and clearly skews the demographics.

    Having invested extensively throughout the Asian area, one thing stands out in my mind; namely, only listen to those who live there.
    Jan 20 05:48 PM | 2 Likes Like |Link to Comment
  • Canadian Imperial: The Best Of The Big Banks [View article]
    I own Bank of Montreal and generally agree Canadian banks are better than any US based, at least short term. I also agree the Keystone pipeline is a major economic issue but fear it may never happen. Of the many deterrents, aside from environmental, Tar Sands oil has become much more expensive relative to that recently found in N. Dakota, Oklahoma, and Texas akin to shale oil discoveries. Beyond that, it's heavier thus more expensive to refine. This aspect suggests the flow through will simply be exported thus a minimum impact on the US economy longer term. For that reason, plus a building glut of US based oil reserves which will further drive down oil prices, Keystone may unfortunately be in dead water.
    Jan 20 12:58 PM | 1 Like Like |Link to Comment
  • Shed Some Tiers Over Your Income Portfolio [View article]
    Thanks. Appreciate the input.
    Jan 18 11:13 AM | 1 Like Like |Link to Comment
  • Just Energy Group: This Growing Utility Yields Over 10%, Paid Monthly [View article]
    Not sure I understand the business model. If the company bulk buys produced electric energy and/or natural gas, for example, do they also pay rent to the existing utility do deliver it?
    Jan 18 09:13 AM | 1 Like Like |Link to Comment
  • Shed Some Tiers Over Your Income Portfolio [View article]
    As you sit on the fence regards TGT, what other dividend "income" stocks (less RIETs and MLP's) do you own or find of interest within each of your three portfolio tiers? Guess I'm looking for more color.
    Jan 18 08:55 AM | Likes Like |Link to Comment
  • Why Target's Security Breach Is An Investor Opportunity [View article]
    Before opening this article, I anticipated it may not address Target, per se, rather network security firms. I'd like to know who Target works with in that space, wouldn't you?
    Jan 15 01:49 PM | Likes Like |Link to Comment
  • Is It Time To Purchase High Yielding AT&T? [View article]
    Percentage allocation is highly dependent on portfolio size. If, for example, its 100K, I recommend 10%. This coming from a long term axiom that one should not dabble and "throw" a few bucks at a stock rather make a relatively large commitment. Doing so should guarantee a detailed due diligence. Should your assets weigh in at 500K, I recommend no more than 5%.
    Jan 14 08:50 AM | 1 Like Like |Link to Comment
  • ModernGraham Valuation Of Conoco Phillips [View article]
    Perhaps this article puts Benjamin Graham's value investment theory into the " has been" category, antiquated as it were. Much of this seemed very real in the depression era through 1970's and out of touch in the 21st century.

    A prime advancement in this area is due to substantial increases in available capital. Today's Financial Management disciplines are taught and implemented much differently, and in particular debt levels and debt instruments.

    While the COP example clearly suggests a weak position readily cited in numerous analysts reports, avoiding the stock on the basis outlined is inappropriate, in my view. Long COP
    Jan 13 02:39 PM | 3 Likes Like |Link to Comment
  • Santander's U.S. consumer unit files for IPO [View news story]
    Thanks for the detailed and informative comment. SAN is the largest of my "mad money" ventures and an exciting ride so far. As mentioned, Sovereign is basically a Northeastern bank bought by SAN for chump change at the peak of the late 2000's economic tsunami. It's worth noting they had previously expanded into New England when a large acquisition in that area forced a partial sell-off of an acquirers branches at a then very attractive price. Again thanks for you input.
    Jan 10 11:12 AM | Likes Like |Link to Comment
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