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SteveTheHawk

SteveTheHawk
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  • Scanning The SA Family For Alpha: Rosenose [View article]
    penny,

    "but thanks for putting me in my place, I deserved it"

    Not a problem. Perhaps some day, should I get a little snarky, you can return the favor.

    Steve
    Jul 3, 2015. 03:34 PM | 3 Likes Like |Link to Comment
  • Scanning The SA Family For Alpha: Rosenose [View article]
    penny,

    And that is one of the beautiful things about SA. We can follow or not. We can also comment or not. Either way, I have to point out that DVK has many followers (over 10K that apparently don't agree with you).

    SA is a place for varied interests. Apparently your interests don't align with DVK's. It's nice of you to stop by and make rude comments though.
    Jul 3, 2015. 12:26 PM | 26 Likes Like |Link to Comment
  • The Best Way To Judge Past Performance: Part 2 [View article]
    IZZ,

    Thanks for your reply. I'm obviously not familiar with IQT. I did however recently buy Wright's book. Apparently I need to get busy reading it.

    Steve
    Jul 3, 2015. 09:05 AM | 1 Like Like |Link to Comment
  • The Best Way To Judge Past Performance: Part 2 [View article]
    Rose,
    Gotcha, thanks. Yes, 11.9% is still likable. :-)
    Jul 3, 2015. 09:04 AM | Likes Like |Link to Comment
  • Scanning The SA Family For Alpha: Rosenose [View article]
    Robyn,
    I agree completely. Some authors are more knowledgeable and/or experienced than others, but no author is infallible in their thought process. With the knowledgeable audience that SA has, I find it admirable that SA authors are willing to put themselves out there to begin with.

    The core concept of SA should be the exchange of ideas. After this occurs, it is quite feasible and acceptable for an author to change their mind. I'm a rank amateur compared to most on SA. If I were to write 10 articles (scary thought), I'm certain that at least 5 of them would result in a reconsideration of my position (just call me Waffle Man). I have no problem with RS doing the same.

    To RS..... please keep on keeping on. Love your stuff.

    Steve
    Jul 3, 2015. 08:45 AM | 28 Likes Like |Link to Comment
  • The Best Way To Judge Past Performance: Part 2 [View article]
    Rose,
    Yup, I've been pondering a trim as well, but only if I can find another div stock to buy with the proceeds. I'm having a hard time with that. Seems like the stocks that might be a buy are already heavy for me. I'll continue to ponder though :-).

    BTW... where did you get your earnings forecast? FG gives a number of 11.9%.

    Steve
    Jul 2, 2015. 07:42 PM | Likes Like |Link to Comment
  • The Best Way To Judge Past Performance: Part 2 [View article]
    Chowder:
    I must admit to giving at least a casual glance to yield history. I never really knew if it was a valid criteria, but it intrigues me nonetheless. I'm giving HAS the once over right now because of this situation.

    I bought it a little over 3 years ago with the yield at an all time high. My paper gains equate to a little over 22 years of the current dividend and the yield is now on the 10 year low end. The FG also portrays the stock as very overvalued.

    I've only been involved with DGI for a few years and have yet to establish what my parameters are for determining a status of "dangerously overvalued". HAS seems to be on a roll at the moment, but it may not always be such I guess.

    Five year avg yield is 3.1. Current yield 2.4
    Five year avg P/E is 17.1. Current P/E 23.7
    Looks like maybe div growth is about to slow down a little from double digit to single, but can't say for sure.

    If you and/or others have any thoughts on this type of situation, I would very much like to hear from you. My little brain has not clarified how I should proceed. Some other perspectives would be helpful.

    Steve
    Jul 2, 2015. 06:26 PM | Likes Like |Link to Comment
  • Emerson Electric: Not A Utility, Not A Radio Company [View article]
    Sleuth,
    Nice article. Thanks for writing it.

    I made my first entry into EMR back in March. It now sits pretty close to where I bought it. It's about 3.6% weight, and I think the current price is pretty darn reasonable, though not a bargain. Because of it's superior dividend history, I'm giving serious thought to topping it off at the current price. For this stock, the current yield is at the historical high end.

    I don't expect big dividend growth (though hopefully enough to keep inflation at bay) and I have it classified as a supporting position, meaning a maximum weight of about 5%. I am a fan of the stable dividend in that I'm a retired guy now. Stability is a good thing. :-)

    Steve
    Jul 1, 2015. 10:37 PM | 4 Likes Like |Link to Comment
  • Is AT&T Worthy Of The Rally? [View article]
    "wouldn't place too big of an emphasis on the current dividend yield."

    Unless of course one's primary focus is dividends. Different strokes.
    Jun 30, 2015. 08:28 PM | 7 Likes Like |Link to Comment
  • Does My DGI Portfolio Look Strange To You? [View article]
    If you use Fidelity, they call them the "combined stock report". FV is listed on page 3 of that report. I think most S&P stock reports follow that format.
    Jun 30, 2015. 08:26 PM | Likes Like |Link to Comment
  • McDonald's Offers New Searing Marks, But Still Looks Solid [View article]
    I'm not clear on the issue of "sear marks". I have to wonder if they will actually put a sear on the burger (like some other burger joints do), or if they are just putting some marks on it strictly for the sake of appearance.

    A burger patty is not generally a visual thing. It's a taste and texture thing. If they are placing marks on the burger only to improve how it looks, I won't be impressed. What they need is hot and juicy, with some actual flavor. Same thing with their fish sandwich. If not for the 12 ounces of tartar sauce, the sandwich would have no taste at all. I'm holding the MCD stock I have, but I'm holding off a bit on further buys. They have some work to do.

    Steve
    Jun 30, 2015. 08:21 PM | 2 Likes Like |Link to Comment
  • Has The Time Come To Go Fishing For Realty Income And Other REITs Amid Rate Fears? [View article]
    The chicken needs to scream louder. Still waiting for some better buy points.
    Jun 29, 2015. 10:47 PM | 2 Likes Like |Link to Comment
  • Solid Growth Outlook Is One Reason Among Many To Buy PPL Corp. [View article]
    Hardog,
    We made a purchase of PPL about three years ago, and have enjoyed the dividend (but no growth). I like that PPL is becoming more of a regulated utility. Gives me a feeling of stability I guess.

    PPL is only about 1.5% NAV weight for my DW and I. Giving serious thought to making it 3% now that the yield is above 5% again. The FAST Graphs also look pretty darn reasonable. Certainly, we could see better prices in the future, but I'm getting too old to wait for what might happen. I'm glad to hear it has treated you well for decades.

    Steve
    Jun 29, 2015. 05:02 PM | Likes Like |Link to Comment
  • PepsiCo a solid A at S&P Ratings [View news story]
    Yeah, it's sitting close to its 5 year average yield. I would call it fairly valued at best if one is looking for dividends. I last bought PEP about 4 years ago. It's done well by me.

    The payout ratio is creeping up a little and earnings forecasts aren't stellar for this year. Still, it's a pretty dang solid company. Wouldn't mind adding a little more and will start watching again if it hits $92.
    Jun 29, 2015. 04:27 PM | 1 Like Like |Link to Comment
  • McDonald's Is Exploring A New Dynamic: Quality [View article]
    I have to think that the page would be overwhelmed and would quickly get out of control. Based upon what I've seen with other such pages, I dare say that it would also likely become quite uncivilized.
    Jun 29, 2015. 12:45 PM | Likes Like |Link to Comment
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