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WildKiwi

WildKiwi
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  • We've Now Approached 'Stupid' Levels For Prospect Capital [View article]
    Also take into account over the past 6 weeks there has been a flight to quality with the latest Saudi-induced oil shock. Some stocks have been oversold. This could be a good time to buy PSEC for the reasons stated. Agreed that mgmt need to take a haircut on their fees.
    Dec 16, 2014. 04:00 AM | 3 Likes Like |Link to Comment
  • Prospect Capital: Implications Of Below NAV Issuance [View article]
    I guess one needs to weigh this up against the backdrop of an improving US economy. Recessions and therefore credit default risks are lessened.
    Dec 7, 2014. 12:08 PM | 1 Like Like |Link to Comment
  • Prospect's Ongoing Below-NAV Sales Reach 7mm Shares In A Single Month. Should You Sell Too? [View article]
    Agree, we need a full disclosure of this financing arrangement ASAP.
    Oct 14, 2014. 05:01 PM | 4 Likes Like |Link to Comment
  • A Conversation With Prospect's Grier Eliasek [View article]
    This doesnt seem to be on the table at present. Hypothetically, raising new equity to pay the dividend is a red flag for me. Raising new equity to find new investments to compensate for existing poor yielding investments would also be a red flag.
    Aug 30, 2014. 07:43 AM | 2 Likes Like |Link to Comment
  • Prospect Capital: What Comes Next? Part 3 [View article]
    Apparently there have been several directors buying...
    Aug 30, 2014. 07:21 AM | Likes Like |Link to Comment
  • Prospect Capital: What Comes Next? Part 3 [View article]
    Good point, insider buys will be a positive signal
    Aug 26, 2014. 04:02 AM | Likes Like |Link to Comment
  • Prospect Capital: What Comes Next? Part 3 [View article]
    You timed that well :P
    Aug 26, 2014. 04:01 AM | 1 Like Like |Link to Comment
  • Prospect Capital: What Comes Next? Part 3 [View article]
    I think it is important to pay attention to the dollars basis where they reported growth. A lot of their capital raising took place mid-way through the last quarter before it could take full effect on NII and NAV. Hence the EPS may dilute the underlying earning potential of their businesses. Nonetheless with the earnings miss headlines there will be blood on the streets tomorrow, might be a good time to buy ahead of the next ER.
    Aug 25, 2014. 07:37 PM | Likes Like |Link to Comment
  • Prospect Capital: What Comes Next? Part 3 [View article]
    Then it bounces again. Tomorrow is about price discovery, earnings call will be influential.
    Aug 25, 2014. 06:30 PM | Likes Like |Link to Comment
  • mREITs Have Bottomed: Why Investors Should Consider This Dividend King [View article]
    It looks like there is no major change to rates coming for this year given that employment seems to have plateaued. It may be better to follow the weather patterns instead; another cold winter like the last one will for sure delay a rates hike.
    Aug 25, 2014. 06:03 PM | Likes Like |Link to Comment
  • Prospect Capital: What Comes Next? Part 3 [View article]
    A 5% increase, what year is this, 2007? It wont happen due to the amount of public debt Obama has created.
    Aug 22, 2014. 08:11 AM | 1 Like Like |Link to Comment
  • mREITs Have Bottomed: Why Investors Should Consider This Dividend King [View article]
    Yes let's wait for tomorrow then re-assess the situation...
    Aug 21, 2014. 10:32 AM | 1 Like Like |Link to Comment
  • mREITs Have Bottomed: Why Investors Should Consider This Dividend King [View article]
    The central thesis of this article is entirely based upon the premise in these two statements:

    "But I think we have seen the last of the cuts, provided the interest rates don't suddenly spike once more."

    "I think the dividend is safe so long as the market does not tank and interest rates continue to stay low, or move with little volatility."

    Yet you've not given any consideration to the prospect of future interest rate rises. All you've done is look into the historical 2013-2014 performance. Economies are cyclical - lowered interest rates spurs economic growth and inflation, which eventually causes rates to rise again to counter inflation. So the key issue to consider is when rates will rise again, this year or next? You should be tuning into Jackson Hole on Friday to get an indication of expectations from Yellen.
    Aug 21, 2014. 04:17 AM | 3 Likes Like |Link to Comment
  • Double Digit Return In 30 Days With Western Asset Mortgage Capital [View article]
    He is right, this stock and others like it are all about timing
    Aug 4, 2014. 03:59 PM | Likes Like |Link to Comment
  • More pain for Russian tech/telecom stocks [View news story]
    VIP is domiciled in NL and has operations all over the world. Hardly a Russian stock, per se.
    Jul 21, 2014. 05:51 PM | Likes Like |Link to Comment
COMMENTS STATS
93 Comments
116 Likes