crankyinvestor's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/253023/comments http://seekingalpha.com/article/98622-ggp-suspends-dividend-in-attempt-to-address-liquidity-concerns?source=feed#comment-274496 274496 Mon, 06 Oct 2008 07:26:13 -0400 http://seekingalpha.com/article/98622-ggp-suspends-dividend-in-attempt-to-address-liquidity-concerns?source=feed#comment-274495 274495 Their executives, particularly Bernie the super-CFO, showed excessive fiscal irresponsibility by taking an already leveraged situation and loading up additional shares personally with short-term margin borrowing. Whatever bets they placed on financing long-term assets with short term financing (sorry for repeating but it's the "original sin" of finance and deserves multiple repetitions) have come back to bite them in the as.

]]> Mon, 06 Oct 2008 07:25:49 -0400 Their executives, particularly Bernie the super-CFO, showed excessive fiscal irresponsibility by taking an already leveraged situation and loading up additional shares personally with short-term margin borrowing. Whatever bets they placed on financing long-term assets with short term financing (sorry for repeating but it's the "original sin" of finance and deserves multiple repetitions) have come back to bite them in the as.

]]> http://seekingalpha.com/article/98610-ge-looks-very-attractive-here?source=feed#comment-274485 274485 Mon, 06 Oct 2008 06:53:34 -0400 http://seekingalpha.com/article/98144-ge-finally-joins-victims-of-financial-crisis?source=feed#comment-271266 271266 ]]> Thu, 02 Oct 2008 05:40:59 -0400 ]]> http://seekingalpha.com/article/97637-is-it-time-to-sell-nbcu?source=feed#comment-267276 267276 GE's not going to get the 14 times earnings or 10 x cash flow that it could have when money was loose and life was easy. Selling NBCU in a time of tight credit makes no more sense than selling your home when prices are in a slump.
NBCU is a core asset of GE; it provides balance to the portfolio and has as much upside potential as any of the other divisions. A sale at distress price makes no sense whatsoever.

]]> Sun, 28 Sep 2008 07:18:46 -0400 GE's not going to get the 14 times earnings or 10 x cash flow that it could have when money was loose and life was easy. Selling NBCU in a time of tight credit makes no more sense than selling your home when prices are in a slump.
NBCU is a core asset of GE; it provides balance to the portfolio and has as much upside potential as any of the other divisions. A sale at distress price makes no sense whatsoever.

]]> http://seekingalpha.com/article/97453-first-time-in-thirty-years-ge-won-t-raise-dividend?source=feed#comment-265605 265605 Fri, 26 Sep 2008 05:39:03 -0400 http://seekingalpha.com/article/96836-non-financials-hit-hardest-by-the-crisis?source=feed#comment-262199 262199 Tue, 23 Sep 2008 05:51:51 -0400 http://seekingalpha.com/article/94520-inhospitable-value-at-hospitality-properties-trust?source=feed#comment-258513 258513 If one really wants to profit from HPT, the best way to do it is through the preferred shares; they sell to yield in excess of 13 percent even though the cash flow coverage is in excess of 11 times.
By the standards of other REIT preferreds, they should sell to yield between 9.5 and 10 percent. They have a whole lot of upside, and can easily achieve an overall 25 percent per year irr over the next 2 years (safely).]]> Thu, 18 Sep 2008 21:32:35 -0400 If one really wants to profit from HPT, the best way to do it is through the preferred shares; they sell to yield in excess of 13 percent even though the cash flow coverage is in excess of 11 times.
By the standards of other REIT preferreds, they should sell to yield between 9.5 and 10 percent. They have a whole lot of upside, and can easily achieve an overall 25 percent per year irr over the next 2 years (safely).]]> http://seekingalpha.com/article/95491-wal-mart-moving-beyond-low-prices?source=feed#comment-254712 254712
it was a ton of fun; cost us less than taking 4 people out to dinner; and was all accomplished under one roof with one check-out line.]]> Mon, 15 Sep 2008 08:08:29 -0400
it was a ton of fun; cost us less than taking 4 people out to dinner; and was all accomplished under one roof with one check-out line.]]> http://seekingalpha.com/article/94964-reits-uninspiring-valuations-still-vulnerable-to-housing-bust?source=feed#comment-251293 251293 Thu, 11 Sep 2008 07:11:26 -0400 http://seekingalpha.com/article/94520-inhospitable-value-at-hospitality-properties-trust?source=feed#comment-249037 249037 The "shaky" dividend may be "shaky" for 20 - 30 cents out of 3.08.
It's built into the stock by a wide margin.]]> Tue, 09 Sep 2008 06:24:37 -0400 The "shaky" dividend may be "shaky" for 20 - 30 cents out of 3.08.
It's built into the stock by a wide margin.]]> http://seekingalpha.com/article/93232-islamic-banking-in-america?source=feed#comment-241536 241536 2. the "trust" they're built on doesn't work as well in Western countries where honor killings are frowned upon.
3. the "trust" they're built on presupposes that a "borrower" will act honorably when faced with the choice of paying for his wife's medicine or repaying these loans.]]> Fri, 29 Aug 2008 09:34:22 -0400 2. the "trust" they're built on doesn't work as well in Western countries where honor killings are frowned upon.
3. the "trust" they're built on presupposes that a "borrower" will act honorably when faced with the choice of paying for his wife's medicine or repaying these loans.]]>