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rocketman3

rocketman3
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  • Evaluating The Recent Dividend Increase From Home Depot [View article]
    I believe that a share split could be in the offing sometime in the next few quarters.
    Mar 1, 2015. 10:53 PM | Likes Like |Link to Comment
  • Stella Jones: Great Industry But Overpriced [View article]
    This is an extremely superficial, tops-of-the-waves look, at this company. What the author overlooks in its entirety is that Stella-Jones also has a very heavy presence in the telephone pole industry and is one of the main suppliers of poles to telecom providers and electrical transmission utilities.

    With the fall of the Canadian dollar, the stock is also a very reasonable currency play.

    The two major owners of the company are from Scotland and Italy and both have interests in the lumber industry in their respective countries and also in Canada.

    SJ is a growth company. The yield is about 0.83 percent. The 12-month return is 23 percent.

    On my cost-per-share the yield is 1.49 percent. I'd like to see SJ raise its dividend, but in the meantime I can live with its growth.
    Jan 21, 2015. 08:04 PM | Likes Like |Link to Comment
  • National Retail Properties: A 4% Mid-Yield Alternative To Realty Income [View article]
    For the long-term investor seeking growth & dividends and in an environment where interest rates are gyrating and the health of the economy is uncertain, who cares if the stock is overpriced? That's simply navel gazing.

    Furthermore, the general obsession with O is mildly misplaced when compared with NNN, and I say this as one who has a sizeable holding in both REITs, although larger in NNN.

    Here are the comparative returns, up to & including Jan. 16, that include growth, splits and dividends for the two companies at the following intervals:

    ---------- NNN ------------ O------------
    10-year: 314.58% ----- 300.39%

    5-year: 165.22% ----- 147.59%

    3-year: 87.15% ------ 70.82%

    2-year: 47.94% ------ 32.02%

    1-year: 43.63% ------ 44.45%

    6-month: 18.17% ------ 18.10%

    3-month: 19.85% ------ 22.64%

    The only loser here, I suggest, is the investor who has no interest in either REIT.
    Jan 19, 2015. 10:03 AM | 5 Likes Like |Link to Comment
  • Anatomy Of A Lucky Buy: The Greenblatt Model, Ross Stores, And A Moment Of Opportunity [View article]
    Jim:

    Back in 2012, I analysed ROST to death and in September bought 100 shares at $69.15. Damn me if the thing didn't drop like a stone after that. I couldn't believe it. two months later, in November, I bit the bullet and bought another 100 at $53.83 to average down at $61.49.

    The shares have done very well since then, but for the life of me, I don't understand why it dropped so precipitously after the first buy. It was the same company with the same fundamentals and I thought that at $69.15, it was a good buy.

    Today, with the shares closing at $74.95, time has shown that to be correct. Just wish I had waited and bought the entire 200 at $53.83, but as the old saying goes, you can't time the market.
    Sep 15, 2014. 05:59 PM | Likes Like |Link to Comment
  • Greenbrier's 22% Upside Is Backed By A Strong Backlog And Industry Growth [View article]
    What is RAIL?
    Sep 15, 2014. 05:50 PM | Likes Like |Link to Comment
  • Merck Vs. Pfizer: Merck Better Performer, Pfizer Better Risk-Reward [View article]
    Novartis is better than both MRK & PFE. And Lilly is not far behind NVS. I dumped my PFE holding last week. Tired of waiting for a rebound or comeback, call it what you want. PFE's management is tired and the only thing holding the stock up, in my opinion, is the possibility that it may take another run at Astrazeneca.
    Sep 9, 2014. 02:29 PM | Likes Like |Link to Comment
  • Zacks' Bull Of The Day: Greenbrier [View article]
    Earnings are expected to be in the range of $2.98 to $3.08 which was well below the Zacks Consensus which was $2.62.

    Don't you mean "well above"?
    Aug 29, 2014. 10:09 PM | 1 Like Like |Link to Comment
  • Now Is The Time To Consider Ross Stores [View article]
    What is a 1/2 position?
    Aug 12, 2014. 04:26 PM | Likes Like |Link to Comment
  • Enbridge Income Fund Holdings Inc. declares $0.1146 dividend [View news story]
    Wrong! The yield is 5.38% not 5.97%.
    Mar 17, 2014. 05:26 PM | Likes Like |Link to Comment
  • Crude oil futures weaken following an unconfirmed report that the 400K bbl/day Seaway Pipeline has been shut down. Flows from Seaway and other pipelines have been key in drawing down crude from the Midwest hub in recent weeks and sparking a jump in prices. Seaway is a 50-50 JV between operator Enterprise Products Partners (EPD +0.8%) and Enbridge (ENB +1.9%). [View news story]
    Why would the shutting down of the pipeline weaken future prices? Shutting the ppeline would reduce supply, conversely increasing demand. Isn't that's how the market generally works?
    Jul 11, 2013. 04:32 PM | 2 Likes Like |Link to Comment
  • Panicky selling grips the mortgage REITs (REM -3.5%) as Treasury yields soar following the payroll report. American Capital (AGNC -6.9%), (MTGE -5%), Annaly (NLY -6.9%) Chimera (CIM -4.9%), Armour (ARR -3.9%), Invesco (IVR -2.7%), CYS Investments (CYS -3%). CYS' Kevin Grant was public a month ago about being a happy buyer as yields rose - a bit early on that call. [View news story]
    Northills24: You are correct. The average investor is blinded by the yield and has absolutely no idea how they work. One has only to read the majority of the comments on this site about averaging-down on them and throwing more money at them to realize that. mREITS are extremely dubious structured products. My advice: Stay away from them.
    Jul 6, 2013. 11:58 AM | 1 Like Like |Link to Comment
  • Panicky selling grips the mortgage REITs (REM -3.5%) as Treasury yields soar following the payroll report. American Capital (AGNC -6.9%), (MTGE -5%), Annaly (NLY -6.9%) Chimera (CIM -4.9%), Armour (ARR -3.9%), Invesco (IVR -2.7%), CYS Investments (CYS -3%). CYS' Kevin Grant was public a month ago about being a happy buyer as yields rose - a bit early on that call. [View news story]
    Maybe not, but the average investor does understand red ink.
    Jul 6, 2013. 02:10 AM | Likes Like |Link to Comment
  • Panicky selling grips the mortgage REITs (REM -3.5%) as Treasury yields soar following the payroll report. American Capital (AGNC -6.9%), (MTGE -5%), Annaly (NLY -6.9%) Chimera (CIM -4.9%), Armour (ARR -3.9%), Invesco (IVR -2.7%), CYS Investments (CYS -3%). CYS' Kevin Grant was public a month ago about being a happy buyer as yields rose - a bit early on that call. [View news story]
    MORL's monthly dividend is $1.105. Multiply that by 12 gives an annual dividend of %13.26. The dividend yield is calculated by the annual dividend ($13.26) divided by the share price ($19.69) multiplied by 100.
    Thus MORT's yield is 67.34 per cent.
    Jul 6, 2013. 02:09 AM | Likes Like |Link to Comment
  • For those who've noticed American Capital Mortgage's (MTGE -3%) allocation to non-agency MBS has declined from a typical 30% to 20%, co-CIO Jeff Winkler (he's in charge of non-agencies, Gary Kain does agencies) says (JMP presentation) don't forget Q1's capital raise. The firm rapidly deployed the new funds into agency paper and will over time - as the non-agency market hopefully expands - move that money over. [View news story]
    Interesting ... but would appreciate an explanation of what that actually means and, I believe, so would others who come to this site and hold MTGE.
    May 14, 2013. 02:00 AM | Likes Like |Link to Comment
  • Flowers Foods (FLO +0.8%) is in receipt of a second request from the Department of Justice for more information on the dominance of the company's bread business including the impact of its purchase of Hostess products. Industry insiders think the company may have to end up shedding a brand or two to appease the regulators. [View news story]
    Good idea, Ms. Harrison. Put the bakery workers on the streets, so they can collect pogey, ultimately being unable to pay their bills, lose their homes and all the while it's costing the government more in unemployment compensation, driving up the jobless numbers which in turn hurts businesses and drives down their profits, leading to staff layoffs which in turn .... That's why we elect politicians to make big, tough decisions like that.
    May 14, 2013. 01:56 AM | Likes Like |Link to Comment
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