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kolpin

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  • Dominion Resources Is Boosting Returns To Shareholders, But Is It A Buy? [View article]
    Eric--an additional note about the S&P credit rating vs. quality ranking. Obviously the credit rating is a pretty self-explanatory determinant of financial strength.

    The Quality Ranking isn’t a standalone credit score; it rates growth and stability of earnings and dividends. The Quality Ranking score is defined in a range from A+ (highest), A, A-, B+, B, B-, C+, C (lowest).

    A "B" quality ranking is defined as below average. D earns a "B" based on limited earnings growth and overvaluation.

    Anyhoo, my quickie conclusion is that both D and AEP are both interesting buys. I don't feel more strongly about one over the other.
    Mar 6, 2015. 11:54 AM | Likes Like |Link to Comment
  • Dominion Resources Is Boosting Returns To Shareholders, But Is It A Buy? [View article]
    eric--

    no worries! we're talking quality ranking vs. credit rating. chowder had a good explanation of the differences between the two, but frankly all I remember is that they're more similar than different. so either way, I wouldn't nix AEP simply based on a lower credit rating, just like I wouldn't nix D simply based on a lower quality ranking. (not that you were doing that either).

    Not trying to sell you on AEP or anything…frankly there are a lot of good utes out there and they often feel more similar than different to me. my purchase decision will probably come down to what's most undervalued…and it just may very well be D!

    fyi, here's a quick soundbyte on AEP's growth opps outside the utility business, ℅ M*.

    "Investments in transmission and environmental improvements during the next several years should support strong earnings growth.

    Transmission investment is AEP's most attractive long-term growth opportunity, given federal government incentives to improve the efficiency of the U.S. power grid. AEP has several multibillion-dollar projects in the works for the next five to 10 years, with plans to spend $4.8 billion in 2015-17. Its system size and grid operating experience give the company the resources and know-how to participate in just about any transmission project in the United States. AEP already has stakes in some of the largest, most advanced transmission projects in the United States and probably will have more opportunities like these in the future.

    Environmental investments also provide another growth area for AEP. Nearly 60% of AEP's power plant fleet burns coal, making it one of the largest coal-fired fleets in the United States. Government emissions regulations could require AEP to spend $4 billion-$5 billion through 2020 to retrofit its plants. The company should be able raise customer rates to recover most of this investment and a return on capital."
    Mar 6, 2015. 11:30 AM | Likes Like |Link to Comment
  • Dominion Resources Is Boosting Returns To Shareholders, But Is It A Buy? [View article]
    D is actually rated a "Strong Sell" and a B quality ranking by S&P, while AEP is a "Hold" and an A-. S&P has an 85% StarMine relative accuracy in evaluating both stocks.

    I don't put a ton of stock in the minute differences of quality/credit ratings between utes, but if you do, you might want to be aware...
    Mar 6, 2015. 11:01 AM | Likes Like |Link to Comment
  • Investing In Utility Stocks The Right Way: Wisconsin Energy Corp. [View article]
    ha! let's see if your luck holds out!

    this is one of those stocks that never does seem undervalued. I may be tempted around $44-45, however. if not, there are a few other utes that are a bit closer to my target buy prices.
    Mar 6, 2015. 10:27 AM | 1 Like Like |Link to Comment
  • Dominion Resources Is Boosting Returns To Shareholders, But Is It A Buy? [View article]
    eric--also take a look at AEP. I bought a few years back due in small part to Josh Peters at M*. He just added to his position recently within the DividendInvestor Portfolio, along with SO. It's one of the utes closer to fair value. I'm not a buyer here yet, but it's towards the top of my list.
    Mar 6, 2015. 09:48 AM | Likes Like |Link to Comment
  • Apple replacing AT&T in Dow Jones Industrial Average [View news story]
    wow. very long AAPL, but surprised they didn't kick out TRV or another tech like CSCO.
    Mar 6, 2015. 09:17 AM | 8 Likes Like |Link to Comment
  • The Dividend Growth Investing Mindset [View article]
    BigIslandBum--

    And I'm your polar opposite! I can't profess to have voluminous knowledge about technology, but I feel quite comfortable with investing in reasonably valued technology stocks (MSFT, AAPL, TXN, IBM, GOOGL) and have done quite well by simply buying and holding these stocks.

    I have been meaning to sell my QCOM and buy CSCO in its place since the beginning of the year, but QCOM refuses to go up and CSCO refuses to come down! I'll get this right one of these days.
    Mar 5, 2015. 10:32 PM | Likes Like |Link to Comment
  • The Dividend House DGI Portfolio: The Good, The Bad, And The Ugly [View article]
    DH--

    Haha, I remember trying to talk you off the SO ledge a few weeks ago!

    http://seekingalpha.co...

    instead of watching day to day market gyrations, why not set a limit buy order for SO for under fair value? that way you'll prevent yourself from making an emotional purchase...
    Mar 5, 2015. 10:21 PM | Likes Like |Link to Comment
  • Recent Buy: ONEOK [View article]
    unfortunately, 2015 OKS DCF will fall below 1.0 x coverage for the first few quarters of 2015. meaning there actually isn't plenty of cash to cover distributions. sorry.

    tim plaehn wrote a great article last night:
    http://seekingalpha.co...
    Feb 25, 2015. 11:07 AM | Likes Like |Link to Comment
  • In Search Of High Yield And Growth [View article]
    oh dear (hand to forehead). you do understand how general partners/master limited partnerships work, don't you?
    Feb 25, 2015. 10:55 AM | Likes Like |Link to Comment
  • In Search Of High Yield And Growth [View article]
    Both WPZ and OKS (the MLP associated with OKE) are on a "Dividend Death Watch" list, which includes other companies which have already cut their distributions (RIG, SDRL, VNR), etc. The author of this article (links provided below) predicted that these companies would cut their dividends well in advance of it occurring, so considering his track record, I would heed his warning that WPZ and OKS may follow suit. He also warns of various cuts with BDCs as well.

    I would stay far away from these companies personally.

    http://bit.ly/12sIcTn
    http://bit.ly/1FUMAff
    Feb 24, 2015. 04:56 PM | Likes Like |Link to Comment
  • Recent Buy: ONEOK [View article]
    Dividend Mantra--are you still long OKE?

    I know you're very wary of potential dividend cuts, so I wanted to share some pretty alarming info I came across. Hopefully this will prove helpful to you and anyone still reading this comment section who are long OKE/OKS or are considering a purchase.

    OKS (the MLP associated with OKE) is on a "Dividend Death Watch" list, which includes other companies which have already cut their distributions (RIG, SDRL, VNR), etc. The author of this article (links provided below) predicted that these companies would cut their dividends well in advance of it occurring, so considering his track record, I would heed his warning that OKS may follow suit. He also warns of various cuts with BDCs as well.

    Also, OKE just lowered its 2015 dividend growth outlook to 4%-8% from 14% and replaced all previously announced guidance expectations and financial forecasts with a revised 2015 outlook. ONEOK reduced its 2015 cash flow available for dividends guidance to a range of USD 570M-USD 650M, compared with a previous guidance range of USD 580M-USD 660M million announced on Dec. 2, 2014.

    hopefully you find this helpful and prevents you from getting hurt!!

    http://bit.ly/12sIcTn
    http://bit.ly/1FUMAff
    Feb 24, 2015. 04:52 PM | Likes Like |Link to Comment
  • My K.I.S.S. Dividend Portfolio: 4th Quarter 2014 Update And Year-End Review [View article]
    Part-Time--

    are you still long WPZ and OKE? I know you're very wary of potential dividend cuts, so I wanted to share some pretty alarming info I came across.

    Both WPZ and OKS (the MLP associated with OKE) are on a "Dividend Death Watch" list, which includes other companies which have already cut their distributions (RIG, SDRL, VNR), etc. The author of this article (links provided below) predicted that these companies would cut their dividends well in advance of it occurring, so considering his track record, I would heed his warning that WPZ and OKS may follow suit. He also warns of various cuts with BDCs as well.

    Also, OKE just lowered its 2015 dividend growth outlook to 4%-8% from 14% and replaced all previously announced guidance expectations and financial forecasts with a revised 2015 outlook. ONEOK reduced its 2015 cash flow available for dividends guidance to a range of USD 570M-USD 650M, compared with a previous guidance range of USD 580M-USD 660M million announced on Dec. 2, 2014.

    hopefully you find this helpful and prevents you from getting hurt!!

    http://bit.ly/12sIcTn
    http://bit.ly/1FUMAff
    Feb 24, 2015. 04:50 PM | Likes Like |Link to Comment
  • My 2014 Fourth Quarter Review: The Good, The Bad And The Ugly [View article]
    Bob--do you still own SXL?

    SXL is on a "Dividend Death Watch" list, which includes other companies which have already cut their distributions (RIG, SDRL, VNR), etc. The author of this article (links at the bottom) predicted that these companies would cut their dividends well in advance of it occurring, so considering his track record, I would heed his warning that SXL could follow suit. He also warns of various cuts with BDCs as well.

    http://bit.ly/12sIcTn
    http://bit.ly/1FUMAff
    Feb 24, 2015. 04:45 PM | Likes Like |Link to Comment
  • The Dividend Growth 50... Plus 113 More [View article]
    I don't know if anyone is still reading the comment section of this article, but I wanted to post some pertinent information on two stocks mentioned above.

    Both SXL and OKS (the MLP associated with OKE) are on a "Dividend Death Watch" list, which includes other companies which have already cut their distributions (RIG, SDRL, VNR), etc. The author predicted that these companies would cut their dividends well in advance of it occurring, so considering his track record, I would heed his warning that SXL and OKE may follow suit. He also warns of various cuts with BDCs as well.

    Also, OKE just lowered its 2015 dividend growth outlook to 4%-8% from 14% and replaced all previously announced guidance expectations and financial forecasts with a revised 2015 outlook. ONEOK reduced its 2015 cash flow available for dividends guidance to a range of USD 570M-USD 650M, compared with a previous guidance range of USD 580M-USD 660M million announced on Dec. 2, 2014.

    Please invest in these stocks at your own peril.

    http://bit.ly/12sIcTn
    http://bit.ly/1FUMAff
    Feb 24, 2015. 04:42 PM | 1 Like Like |Link to Comment
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