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  • Santander's U.S. consumer unit files for IPO [View news story]
    they bought sovereign bank in 08/09 at a steal of 2 dollars per share which was eastern coast NJ PENN etc and converted them over this year, then started advertising.
    Jan 9 06:08 PM | Likes Like |Link to Comment
  • Sino Agro Food: Profiting From The Growth Of Food Demand In China [View article]
    I do own shares and am hopeful in a long term growth, however. As a shareholder who bought in the 30 cents some years back I can't understand why they continue to issue shares below a dollar.

    The CEO says he needs capital for construction of facilities, why not put the 3rd or 4th fish farm out 2 years until you have the profits to go get a loan to build it instead of crushing shareholder value if the banks won't really lend money.

    There are a few positives this company has going for it, it does seem to be more transparent than others. The CEO seems to have a decent vision as far as where the company is 3-5 years from now and is executing it, the unfortunate side is the cost is at shareholder dilution.
    Dec 18 07:50 AM | Likes Like |Link to Comment
  • MTY Food Group Inc. - A Restaurant Stock For The Wallet [View article]
    I will admit it looks intriguing. I like the food royalty space so I'll give it a go and cost average in over the next 6 months to a year. While I don't live in Canada I can't speak to the quality of the brands, but really a food company with that many brands looks like a train wreck waiting to happen. But who knows, in my opinion its like they are taking a shot gun approach to the fast casual food market. I do however, love the food royalty market structure.

    I do however own shares of A&W royalty trust since 2008/2009. Any of you Canadian folks have any insight on them I'm curious, I do recall they were # 2 in the market behind McDonalds with some strong mall positions, but that's just my limited research from south of the border.
    Dec 17 09:17 PM | 1 Like Like |Link to Comment
  • Broad slide in equity REIT sector [View news story]
    Prices on O - ARCP and others in the group are starting to get attractive. I mean 6-7% yields on monthly dividend stocks. With O and others they even maintained the dividend in 2008/2009 and have been increasing it since. Great time to cost average.

    Also - I'd stay away from the preferred's here there is no guarantee they will get called, and with the potential for rising rates, if they can't replace the preferred series with lower yields issuances, the companies won't call them and you'll be stuck with 7% yielding preferreds 4-5 dollars under the call price.

    I'd rather buy O/ARCP get 6-7% yield, the likely future dividend increases and hopefully some appreciation down the road.
    Dec 12 07:47 AM | 2 Likes Like |Link to Comment
  • New York & Co.: Buy This Turnaround Story Before Everyone Else Does [View article]
    looks to be an interesting thesis. However, I think women's retail is a dangerous space. Michael Koors has proven how a new entry can come in an take sales from everyone.

    Whose to say new york and company sales will come back or have they moved onto Macy's the lower end options at MK, gaps offerings etc. There is way to much space in womens clothing. Betting on which of the loosers is going to turn around seems like a lost cause compared to other alternatives. Then there is the online animal where everyone from amazon etc is trying to get into online clothing as well.
    Feb 25 09:05 PM | 1 Like Like |Link to Comment
  • With Archer Daniels Midland (ADM) seeking cash to seal a purchase of Australia's GrainCorp (GRCLF.PK), Mexican corn flour and tortilla concern Gruma (GMK) is repurchasing stakes in itself from ADM for $450M. Family-controlled Gruma is borrowing $400M in one-year bridge loans to finance the buyback. [View news story]
    MexCom, the only exposure I have to the Mexican market is the new Santander offering its good to get other idea, all you hear these days is Mexico will dominate the new manufacturing scene for the US from autos and other factories.
    Dec 15 07:32 PM | Likes Like |Link to Comment
  • REIT Focus: Realty Income Corporation [View article]
    best comment ever - people should think about things like cash flow before they think of writting articles
    Nov 18 03:04 PM | Likes Like |Link to Comment
  • The Hedge Fund, The Hedgehog, And The Fox [View article]
    Thanks Brad - I'm always a fan of your working. I've been wanting to buy O at a lower price so rolling my ARCT into O works for me. As any shareholder would - I was hoping for a better premium.
    Oct 18 08:55 PM | 2 Likes Like |Link to Comment
  • The Hedge Fund, The Hedgehog, And The Fox [View article]
    Good write up, some excellent points- however I still see this deal leaves no value for the current ARCT Shareholders. The claim that they will now then own O which is the an excellent REIT with higher occupancyis plausable but the shareholders if they wanted a mere trade for ARCT -> could have just done it in the open market place. This deal is more of a merger than an aquisition, there is no premium being paid for ARCT at all, it has lagged its peers in the last month because the deal has capped the share price.

    Also, with Os occupancy at high rates there isn't a whole lot of room for organic growth thru occupancy rate anymore. Thus much slower future dividend raises than its history dictates.
    Oct 18 08:23 AM | 1 Like Like |Link to Comment
  • Realty Income Acquistion Deal To Immediately Boost Income To Investors [View article]
    agree priar part of why they are making this deal is they know they are too focused on retail leasing/renting which is why the stock tanked in 2009, and after the big big leasors they have a ton of independently owned stores which is why they don't list their significant tenants unless they are required to disclose them in financials. This move gives them much longer term stable industrials like fedex warehouses etc that will only get more attractive as time goes on.
    Sep 10 07:58 AM | Likes Like |Link to Comment
  • Realty Income Acquistion Deal To Immediately Boost Income To Investors [View article]
    This smells terrible for ARCT shareholders. I own ARCT, this buyout is at no real premium. Hopefully NNN or some private equity get involved in this quick.

    Don't get me wrong I've been wanting to buy O for a whie buy anywhere near or over 40 and I feel like I'm over paying for it. Oh and if you think O will be higher next year, don't you think its good timing they are doing this deal with the stock at a 52 week high... Higher maybe, but it certainly won't repeat this year's performance.
    Sep 7 11:32 PM | 1 Like Like |Link to Comment
  • Telefonica: Value, Growth And An 11.7% Dividend Opportunity [View article]
    Nice write up. I'm in agreement on TEF. I think the latin america growth will be a huge possitive several years from now where data trends and pricing power are fairly favorable. Besides, if the spanish economy ever recovers just think of all the people who can afford TV/more epensive phone services again.

    This is definately a long term investment but the dividend makes it worth the wait. Even if the dividend were 6-7% I would be happy.
    May 10 08:16 PM | 1 Like Like |Link to Comment
  • Taubman REIT - A Frozen Angel Treat [View article]
    I do have to admit Brad the saftey does have its benefits from a capital appreciation stage, I've been waiting for Realty Income O to pull back since 35, and every month it just climbs higher.
    Apr 26 06:52 PM | Likes Like |Link to Comment
  • Taubman REIT - A Frozen Angel Treat [View article]
    I agree. It's a solid article Brad,

    However, I would have to agree with Tudor, I think there are a whole group of A list REITs suck as public storage, boston properties, etc whose top shelf status might have put them over valued based on a dividend yield when compared to lesser known REITs
    Apr 26 07:18 AM | 1 Like Like |Link to Comment
  • H&R Block (HRB) -16.3% AH after announcing plans to cut 350 jobs and close ~200 company-owned offices as part of a realignment, expecting the move to save up to $100M by the end of FY 2013. HRB also says it is searching for a new CFO; current CFO Jeff Brown will remain on the job during the search process.  [View news story]
    if you look at what happened techically last year this isnt something you wanna own after tax season.
    Apr 25 09:53 PM | Likes Like |Link to Comment