Seeking Alpha


Send Message
View as an RSS Feed
View Argyll's Comments BY TICKER:
Latest  |  Highest rated
  • CEO Bob Iger Must Figure Out What Happened With 'Tomorrowland' [View article]
    The #1 movie in America for Memorial Day weekend is not the worst thing that could have happened.
    May 26, 2015. 10:27 PM | 5 Likes Like |Link to Comment
  • CEO Bob Iger Must Figure Out What Happened With 'Tomorrowland' [View article]
    This Memorial Day weekend was the lowest movie box office since 2001, and that's for all films, not just Tomorrowland, which led the box office. The movie may not be particularly good, but there was also nice weather in much of the country, which means a lot of people would rather be outdoors after a long cold winter, especially in the Northeast where much of the population lives.

    PS I suspect they will make back most of the budget when one includes a few weeks in the theaters, foreign box office, DVDs, and eventual TV viewings.
    May 26, 2015. 02:29 PM | 4 Likes Like |Link to Comment
  • Why Cash Is King [View article]
    The article mentions that an investor from 1929 could have waited until 1954 to buy into the market at the same nominal price. This is a bit misleading because it refers only to the Dow Jones and doesn't include dividends. Some contend the market recovered in just a few years because of:

    1) Deflation: By 1936 the Consumer Price Index was 18% lower than it was in 1929 so the amount of purchasing power investors gained in the recovery when the market turned up was greater than the amount of purchasing power they lost for each dollar of declines in the bear market.

    2) Dividends: When the market bottomed in 1932, the dividend yield of the overall market was 14%, according to Prof. Robert Shiller's data. Those payouts aren't included in the Dow's price levels.

    3) The Dow is different than the market: The Dow is made up of a small number of stocks and often does not include relevant stocks. IBM was dropped from the Dow in 1939 so the Dow didn't benefit from big gains it made in the 1940s.

    ---from Mark Hulbert.
    May 18, 2015. 02:32 AM | 11 Likes Like |Link to Comment
  • El Nino forecast looms over coffee market [View news story]
    Climate change means more erratic weather and more extreme temperatures. You will see wild swings and even record low temperatures and heavy snow during global warming. 2014 was the warmest year on record, despite the cold temperatures in some areas.
    May 14, 2015. 01:43 PM | 5 Likes Like |Link to Comment
  • El Nino forecast looms over coffee market [View news story]
    Weather forecasters are usually about 90% right. It's just that people typically remember when the forecast is wrong. In my experience they are very close to accurate most of the time.
    May 14, 2015. 01:39 PM | 5 Likes Like |Link to Comment
  • Recent Buy: Omega Healthcare Investors Inc. [View article]
    You're right. I calculated incorrectly.
    May 13, 2015. 06:21 PM | Likes Like |Link to Comment
  • Recent Buy: Omega Healthcare Investors Inc. [View article]
    So is OHI tumbling because of the error in reporting the dividend? At today's closing price the dividend is 5.94%. OHI has raised the dividend every quarter for past five years.
    May 13, 2015. 05:47 PM | Likes Like |Link to Comment
  • 8 Stocks Sending More Cash To Shareholders With Higher Dividends [View article]
    "May 4th the company increased its monthly dividend 2.2% to $0.34 per share. The dividend is payable August 17, 2015 to stockholders of record on July 31, 2015, with an ex-dividend date of June 29, 2015."

    Those numbers refer to the quarter. The monthly dividend was raised from .1125 to .1150. They start paying .1150 with the August 17 payment.
    May 9, 2015. 02:38 PM | 1 Like Like |Link to Comment
  • The Perfect Storm For STAG [View article]
    Their promotional video is odd. It also doesn't make sense.

    "And while most follow the herd, the hunter seeks a different path.
    We pursue growth and provide consistent dividends."

    Don't a million other companies pursue the same thing?

    Hunters kill things. They don't plant things and nurture their growth. Maybe calling themselves hunters makes them feel macho.

    The website changed recently, because this wasn't there the last time I looked.

    I would feel more comfortable with a company that called itself, say,"The Monthly Dividend Company" than a company whose mantra is "We are hunters. We are STAG." Can you imagine Realty Income saying "We are hunters. We are O"?

    Brad, if you speak to anyone at STAG, you might mention some of your readers don't think this is the best way to present themselves.
    May 8, 2015. 03:34 PM | 8 Likes Like |Link to Comment
  • What Elon Musk Is Really Selling [View article]
    “Anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that 'my ignorance is just as good as your knowledge.'”

    Isaac Asimov
    May 7, 2015. 12:37 PM | 23 Likes Like |Link to Comment
  • Recent Trade: Sold 2 Oil Majors And Bought W.P. Carey [View article]
    Everywhere renewables are used, they have helped the modern economy and there is not a single example of them "destroying" the modern economy. Denmark is up to 40% windpower and much of Europe has substantial wind and solar power. China is building gigantic amounts of wind and solar power -- they have over 100 gigawatts of wind power and it only helps modernize their economy. Texas is the leading windpower state in the US, building huge wind farms and getting about 10% of their grid energy from wind. Iowa gets about 25%.

    Hyperbolic verbiage that renewables would "destroy" the modern economy is unhelpful. More than likely it would boost the economy by negating the costs for air and water pollution, spills, fires, explosions and deaths as a large number of deaths, and disease, can be ascribed to fossil fuels. Also, besides respiratory difficulties, the latest scientific evidence shows that smoggy air may cause brain damage, and spur mental deterioration.
    May 4, 2015. 12:59 AM | 3 Likes Like |Link to Comment
  • Recent Trade: Sold 2 Oil Majors And Bought W.P. Carey [View article]
    Have you looked at HASI?
    May 1, 2015. 11:17 PM | 2 Likes Like |Link to Comment
  • Recent Trade: Sold 2 Oil Majors And Bought W.P. Carey [View article]
    There was no cut. It was a dividend increase as they have done every quarter for many years. The previous quarter regular dividend was .87 and the special dividend was .11.

    I received two dividends that month -- January 2014.

    Here on the site you can see where it says "Special":

    WPC has increased the quarterly dividend every quarter for over 16 years.
    May 1, 2015. 05:22 PM | 3 Likes Like |Link to Comment
  • Apple: Zenith Behind Us, Nadir On The Horizon [View article]
    Ralph Nadir? Don't forget Apple also has too much cash stored abroad.
    Apr 30, 2015. 12:50 PM | Likes Like |Link to Comment
  • Dark Side Of The Sun: Solar Power And Global Electronic Waste [View article]
    Solar panels can last almost forever, but they will decay in efficiency. A number of studies suggest that panels can still produce at least 80% of their initial rated peak output after 20 (or sometimes 25) years. There are solar panels working on satellites in space that have been there 36 years. Power purchase agreements are usually 20-25 years but one could conceivably simply keep using old panels but getting less power, although tracking methods and possible rejuvenation methods may be more advanced in a couple decades. Or they could replace them because newer panels would likely be more efficient and powerful.

    By most accounts, these plants could run for many decades if they choose to keep the original panels. It's just that thirty years from inception, they may be producing only 75% of original power unless other factors become more efficient, like tracking and transmission lines and power equipment.
    Apr 22, 2015. 03:26 AM | 2 Likes Like |Link to Comment