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russellb73

russellb73
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  • Freeport-McMoRan: A Potential Buy For 2012 [View article]
    SteveW

    Yes agree SCCO has political risk in Peru but think it has lessened recently. I think however since Indonesia has so boldly taken a huge portion of FCX's assets Peru might follow suit. Still though think SCCO has less political risk.
    Mar 11 10:13 AM | Likes Like |Link to Comment
  • A Closer Look At The February Employment Report [View article]
    My understanding is that Shadowstats calculates unemployment just like our government used too....they changed how they calculate to make things appear better than they are. So bbro PLEASE explain why you think Shadowstats is not credible vs. our governments revised calculations?
    Mar 11 09:16 AM | 4 Likes Like |Link to Comment
  • Freeport-McMoRan: A Potential Buy For 2012 [View article]
    FCX had a bit of bad news recently in Indonesia, see below. Also workers striking. So some near term negatives but long term still think FCX good long term buy. However I like SCCO better think it will do better in near term too since SCCO has no exposure to Indonesia (it is based in latin america).

    http://reut.rs/wceptY
    Mar 10 06:14 AM | Likes Like |Link to Comment
  • Do You Dare Buy Telef√≥nica's 11.7% Yield? [View article]
    One key concern I have with TEF and the author did not address is that TEF has a very high debt load. See below from Yahoo for a brief summary...particularly concerning is the payout ratio...I like to see less than 80%. This means that TEF is not bringing enough cash in to keep paying such a large dividend unless the do substantially better in future quarters. If I remember correctly TEF has a very large debt relative to FTE, VOD, etc. Therefore while the yield is awesome on TEF it is MUCH more risky than a FTE or VOD.

    Total Cash (mrq): 9.10B
    Total Cash Per Share (mrq): 2.02
    Total Debt (mrq): 89.27B
    Total Debt/Equity (mrq): 242.16
    Current Ratio (mrq): 0.62
    Book Value Per Share (mrq): 5.36
    Payout Ratio: 217.00%

    Disclosure: Own VOD, and FTE, considering purchase TEF (a little and yes it is risky).
    Mar 1 03:05 PM | Likes Like |Link to Comment
  • Japan is in talks to buy exported U.S. liquefied natural gas from companies including Sempra (SRE), Dominion (D) and Freeport McMoran (FCX), Bloomberg reports, citing comments from an official at Japan's trade ministry. Japan needs LNG after last March's earthquake rendered 52 of its 54 nuclear reactors inoperable. Cheniere Energy (LNG +8.8%) surges, even though it isn't mentioned in the report.  [View news story]
    Seems like most investors missing out on ECA. LNG will hopefully build a LNG terminal in Louisiana (they are planning too I believe) shoots up but ECA which already owns and operates a terminal in Louisiana for LNG doesn't?

    Disclosure: Own FCX, LNG, ECA stocks
    Mar 1 02:56 PM | Likes Like |Link to Comment
  • Challenging 6 Valuation-Based Contrarian Picks [View article]
    I am glad I just bought AZN, having Cramer say "Sell" is a buy signal for me. I think now is an excellent time to enter a long term position in AZN. I really am going to enjoy the massive dividend while I wait for the stock to appreciate.
    Feb 28 07:34 AM | Likes Like |Link to Comment
  • More on the downgrades: Spain and Portugal will join Italy in being cut by 2 notches, according to French newspaper Les Echos. Germany, The Netherlands, Luxembourg, and Finland will retain their AAA.  [View news story]
    France is apparently being downgraded today too. Not surprised but this is really bad news for Europe. Going to significantly raise borrowing costs for these heavily indebted nations.

    http://bloom.bg/A6tx2l
    Jan 13 02:29 PM | Likes Like |Link to Comment
  • Attention Dividend Stock Investors: Your 10 x 10 x CCC Shopping List [View article]
    WOW!!! Excellent article. THANK YOU!!!!

    As a side note AZN looks really cheap to me right now, probably going to wait a little longer until more clarity in Europe but plan to start seriously accumlating soon.
    Nov 20 10:29 PM | 1 Like Like |Link to Comment
  • My Take On Jim Cramer's Lightning Round Picks (11/3/11) [View article]
    VOD will be getting an irregular dividend from VZ in the future besides in Jan 2012. There is real contention between VZ and VOD's management. VZ has tried for years to NOT pay the dividend but now VZ need the positive cash flow to fund other operations....really it seems its been a waiting game for VOD and VOD has finally won. I expect VZ to pay out dividends on a regular basis and so VOD will have a much higher dividend than now.

    Also managment has targeted VOD's dividend growth rate at 8% per year. VOD I think is the best long term pick. I would buy more on any EU crisis drop.
    Nov 7 08:35 AM | Likes Like |Link to Comment
  • Income Investors: 5 New Dividend Kings For 2012 [View article]
    Mosterene1

    VOD is like a lot of foreign stocks that pay in irregular amounts as opposed to most U.S. companies that pay the same amount each quarter. Get a quote from Yahoo.com of VOD and select "price history" and then "dividends only". That should clear it up for you.

    NOTE: VOD will be paying a HUGE special dividend this year due to its 45% ownership in Verizon wireless and likely to increase dividend because of this....do your own research, contentious relationship between VZ and VOD but likely I think VOD gets this dividend often in the future.

    Disclosure: Long VOD
    Nov 2 08:14 PM | Likes Like |Link to Comment
  • Why Is GDXJ Underperforming? [View article]
    I think possibly its the fear factor...people buy GLD vs. GDXJ because GLD represents physical gold (supposed to anyway...) vs. GDXJ which still is a stock of a company. Some point soon though valuations will raise GDXJ....it has as you pointed out too many favorable trends.
    Sep 9 04:45 PM | 3 Likes Like |Link to Comment
  • Barack Obama yesterday gave a preview of the jobs package he is formulating, telling a rally in Detroit that proposals would include an extension of payroll tax cuts, as well as projects for rebuilding roads, bridges and other infrastructure. Obama is due to provide full details to Congress on Thursday.  [View news story]
    Why are so many people blamming Obama instead of the true inept culprits....the U.S. congress?????? President last time I checked has basically the power to "suggest" a new jobs bill but congress is whom writes these horrible bills and signs the checks.
    Sep 6 06:25 PM | 3 Likes Like |Link to Comment
  • There will be no vote on the Boehner debt plan tonight, according to House Republican Whip McCarthy. Stock index futures drop a bit further, the S&P 500 contract down about 0.75%.  [View news story]
    Yes things were all roses in 2008 when George Bush was in office......Grow up!!!

    Really both parties, multiple presidents, and the American people whom elected them are to blame for this mess! How about some constructive comments like how to fix social security.......

    FOR EXAMPLE make those individuals making over $107,000 per year pay their fair share of social security!!! Can't believe most people don't know that its capped. If I made $500,000 I would pay the same tax as a person who made $107,000 and when I retire I get MORE than the person who made $107,000 back....its crazy, immoral and needs to change.
    Jul 28 11:42 PM | 7 Likes Like |Link to Comment
  • Nassim Taleb told us of the rare, unpredictable events that our minds are poorly equipped to deal with: "black swans." So what about the swans that are flashing neon because their imminent arrival is blindingly obvious? A debt-ceiling cataclysm looks more certain every day, and yet investors are closing their eyes.  [View news story]
    Japanese debt is held mostly by Japanese people...very different from U.S.
    Jul 23 08:08 PM | 1 Like Like |Link to Comment
  • Worrying Weak Macro Trends in China, U.S. and Europe [View article]
    Excellent article....seeing nothing but slow down 4rth quarter...hmmm maybe Mr. Market will surprise.
    Jul 22 12:04 PM | Likes Like |Link to Comment
COMMENTS STATS
395 Comments
423 Likes