Seeking Alpha

CWest » Comments |

Sort by:
Latest | Highest rated
  • Financial Times Debunks Citi's Memo [View article]
    Should have his height attached to his picture. be assured he's under 5'2".

    fcw
    Mar 11 21:37 pm |Rating: 0 -2 |Link to Comment
  • Financial Times Debunks Citi's Memo [View article]
    Citi profit; demise of the uptick rule; death of MtoM; [!!]

    three letters; fas
    Mar 11 21:33 pm |Rating: 0 -2 |Link to Comment
  • Bank of America: A Risky Bet That May Be Worth It - Barron's [View article]
    Modify or get rid of ‘Mark to Market’ for the banks or see the Dow at 5000 on your watch.
    Mark to Market is illogical for real estate …. Example, I have fully leased rentals that I could not sell right now for 50% of their value, cause no one can get a loan. In one year I'll get 100% cause loans will be back

    Maenwhile, can I ‘Mark to Market” my rentals for property tax purpose [Fat Chance].





    On Mar 08 09:48 PM Beik wrote:

    > Thank you. let us hope for the best.
    Mar 09 00:14 am |Rating: +1 -1 |Link to Comment
  • Bank of America: A Risky Bet That May Be Worth It - Barron's [View article]
    Modify or get rid of ‘Mark to Market’ for the banks or see the Dow at 5000.

    Mark to Market is illogical for real estate …. Example, I have fully leased rentals that I could not sell right now for 50% of their value, cause no one can get a loan.
    In one year I'll get 100% cause loans will be back.

    Meanwhile, can I ‘Mark to Market” my rentals for property tax purpose [Fat Chance] !
    Mar 09 00:12 am |Rating: +1 -1 |Link to Comment
  • As Banks Cut Common Stock Dividends, Look at High Yielding Preferreds [View article]
    I agree. The Pref's, except Citi, look safe. Feb09 stats for deposits are monumental at Wells, Chase, BofA, Sun etc. Deposits are flooding in. America is saving - can you believe it!

    Remember, there is no such thing as a bad deposit.

    fcw
    Mar 06 23:28 pm |Rating: +1 -1 |Link to Comment
  • Hot Debate Surrounding Bank Solvency [View article]
    Solvency. Are you kidding me. Have you looked at the Feb09 stats of the 5 or 6 largest banks re deposits. All, except for Citi, have seen monumental increase in deposits. Can you believe it. America is saving!

    Banks will do fine [...Citi ??]
    Mar 06 23:20 pm |Rating: 0 -1 |Link to Comment
  • Hot Debate Surrounding Bank Solvency [View article]
    Pj
    With Mark to Market, when you drive a brand new $30K car off the lot it is worth only $25K. So why on earth did you just pay $30K.
    Mar 06 23:15 pm |Rating: 0 -1 |Link to Comment
  • The Selloff in Preferred Stocks May Be Overdone [View article]
    I have somewhat same enthusiasm. Could either of the above authors tell me how much of the current payments are 'return of capital' and how much is true dividend for either psy or pff
    Mar 06 10:32 am |Rating: +1 -1 |Link to Comment
  • 22 Companies with Dividends on Death Row [View article]
    For those looking for a >10% yield look no further than the beaten down preferreds.
    psy yields >20% and will continue to do so save complete financial disintegration [and then who cares anyway]
    bpp ~ 20% ; pfo>10% ; ffc>15%;

    My opinion: preferreds are way undervalued. Next few years they will provide a common -like return with much less risk.
    Feb 15 15:50 pm |Rating: +5 -1 |Link to Comment
  • Time to Invest in REITs? [View article]
    Commercial real estate is spring loaded for a rebound. Two important items I rarely see in any article addressing commercial . [Also absent the above article:]
    1./ Many REITS are trading below replacement cost. That is to say, if a building costs $200 sqft to construct and it is selling for $170 sqft - that building is spring loaded for a rebound.

    2./ New construction, for reasons of unavailable financing and risk-fear, have un-preleased new construction at virtually zero. There is just no new construction starting.

    Shorts in this environment are taking large risk indeed.

    fcw
    Feb 15 09:51 am |Rating: +1 -5 |Link to Comment
  • An Opportunity in Municipal Bonds [View article]
    Look at NIF (CEMF) . Note: Insured Muni. Key word insured.

    Dec 30 22:30 pm |Rating: 0 -1 |Link to Comment
  • Is Commercial Real Estate the Next to Decline?  [View article]
    The 'silver lining' - new commercial projects have come to a virtual standstill. The is no 'overbuilding' going on looking out 12 months. ProLogis, one of the most prolific 'spec' builders on the planet, has only custom projects (Fully pre-leased) on the books.

    Commercial will be fine.
    Dec 30 22:27 pm |Rating: +1 -3 |Link to Comment
  • Damage Report 2008: Household Wealth Down $10 Trillion [View article]
    The good news. Given the evaporation of trillions of wealth from the USA the TARP can spend freely without being inflationary .

    A mustard seed?

    CWest
    Dec 15 10:07 am |Rating: 0 -1 |Link to Comment
  • REITs: Is Now the Time to Buy? [View article]
    Reits went "accidental high yield" in 1999-2000. Many were yielding 18% . (Example: look at NHP 1999-2000). A few cut these hugh dividends, but only a few. Look at ProLogis today. Yield > 15%. And well covered.
    Wow!
    Nov 10 21:56 pm |Rating: 0 -1 |Link to Comment
  • REITs and the Fallacy of FFO  [View article]
    FFO is a measure of free cash available for distribution or investment. As long as one understands FFO - the measure is useful.
    Oct 11 20:36 pm |Rating: 0 -1 |Link to Comment
Comments by Ticker
CWest's
Comments Stats
15 comments
Rating: -12 (11 - 23 )