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atlasman

atlasman
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  • Omega Healthcare Investors: The Fastest Growing Medical REIT Trading At A 28% Discount [View article]
    Just remember, "Past performance is no guarantee of future success." Everything reverts to mean eventually.

    With that said I am long OHI and eagerly anticipate more growth in 14.
    Mar 13 09:38 AM | Likes Like |Link to Comment
  • Chimerix CEO Discusses Q4 2013 Results - Earnings Call Transcript [View article]
    Company denies drug to dying child. Google "Josh Hardy" if you don't want to click on the link below.

    http://cnn.it/1g4nuIz
    Mar 11 07:31 AM | Likes Like |Link to Comment
  • Calumet Specialty Products Partners Earnings Analysis - Is The Distribution Safe? [View article]
    Nice article but totally unnecessary as I can guarantee with 100% certainty the dividend is safe and the price will rise over the next 3-6 months. I sold out a couple of days ago around $27.5. You can take it to the bank.
    Feb 26 07:21 PM | Likes Like |Link to Comment
  • Pengrowth May Rise On Earnings Due March 3, 2014 [View article]
    Michael -

    Good for you! I agree with you with my measlie 2500 shares purchased at $4/share on the line. I cannot imagine dropping a $1M nut for a company that possesses this much risk but I am hoping you are right and we both win.

    For those betting on keystone, I also wish you well but I would not bet a nickle on that decision. I would invest in PGH despite that outcome, not because of it. Never underestimate the political power of the american left with Obama in charge.
    Feb 19 07:17 PM | 1 Like Like |Link to Comment
  • A Premium Healthcare REIT That Delivers Something Special [View article]
    Hey Brad -

    Nice article and thank you for your continuous contributions to my REIT education.

    I have two remotely related concerns with OHI whom I have been a shareholder since late 2012. Don't you fear however the concept of "regression to mean". I mean, OHI cannot be number one forever and at some point it has to top out and suffer a period of below average TSR. I recognize this is tempered by its very low P/FFO which I think despite the rise in stock price has declined over the last 18 months from around 13 to now close to 11. My second concern is why the low P/FFO ratio. It seems that Mr. Market just does not value their cash as much as they do the rest of Reitdom. Any idea why? I know it has to be related to their industry as HCP is also on the low-end of the spectrum but still almost 2 points higher.

    However, with that said their Dividend Growth has been outstanding and I would never sell my shares. My 2013 purchase is now returning a 8.7% on my purchase.
    Feb 10 08:41 AM | 2 Likes Like |Link to Comment
  • How To Buy REITs Like Sir John Templeton [View article]
    DLR was one of the two bad investing decisions for me in 2013. I am afraid they are a lost ship right now and not sure if management has the ability to turn it around.
    Jan 28 08:44 AM | 1 Like Like |Link to Comment
  • Dividend Buy Of The Month: Omega Healthcare Investors Inc. [View article]
    I dumped my INTC back in April at $21.50 and ended up purchasing DLR (Oops, 0 for 2 on that transaction).

    However I have been long OHI for over a year and have determined it is a long term keeper due to a strong management team and good business model. I recently diversified and purchased HCP instead of doubling down on OHI because it was larger ($17B vs 4B) with a greater profit margin (55% vs 40%) and only slightly less divident (5.5% vs 6%). Did you give HCP any consideration?
    Jan 28 08:39 AM | Likes Like |Link to Comment
  • Phillips 66: Pssst! Whisper Number For Wednesday's Earnings Release [View article]
    The average spread in the first 1/3rd of Q1 is roughly $14. Using your math and assumptions, Q1 is trending towards $2.18 in earnings. Long PSX and NTI.
    Jan 28 08:26 AM | Likes Like |Link to Comment
  • Why Rentech Nitrogen's Q3 Distribution Fell 68% [View article]
    Chris -

    Thank you for the article. I was only able to scan the article so I apologize in advance if my next comments are off base or ignorant.

    My first reaction is to assume this to be a temporary slippage and product didn't ship on time for whatever reasons and the bulk of the revenue and thus distributions will show up next quarter. However, this does not make sense since most of the Dubuque factory was presold and I believe this is where they derive most of their margin. I would expect over 40 cents in distributions if Pasadena completely shut down for the quarter.

    I bought in to RNF for the expected 2014 distributions increase (dont recall off hand but wasnt it suppose to be around $2.40 or more) and have generally bought down on all of the dips so far this year. If this is the new normal or even close to the new normal we are looking at a $10 stock. I need to do some more math but it looks like I am out.

    Anybody have a spreadsheet handy on their financials?

    - Chris
    Oct 25 12:48 PM | Likes Like |Link to Comment
  • Kinder Morgan Energy Partners' Quarter Was Weak [View article]
    Nice article. Thank you.

    Like Gymbo, I went with KMI. However, the general trend in their business is pretty much the same across all KM entities.
    Oct 17 12:16 PM | 2 Likes Like |Link to Comment
  • The Strongest REIT Opportunity Of This Earnings Season: Omega Healthcare [View article]
    Why is OHI's P/FFO so much lower than the rest of the REIT industry?
    Aug 8 10:16 PM | 1 Like Like |Link to Comment
  • Omega Healthcare Is A Sleep-Well-At-Night REIT That Pays 6.27% [View article]
    If OHI is as good as you say, why does it have the lowest P/FFO? Shouldn't it be priced as a premium?

    I am long OHI for all of the reasons you mentioned plus I figured its lower than average P/FFO would provide some downside protection.
    Aug 5 08:43 PM | Likes Like |Link to Comment
  • BioMed Looks Like A Sleep Well At Night REIT [View article]
    I tend to agree. Throw in Obamacare and its downstream impact on drug makers which is questionable at best I will pass on this one. Even so, thanks for the article Brad. Your work is always impressive.
    AM
    Jul 23 06:40 AM | Likes Like |Link to Comment
  • The Godiva REITs: The Naked Truth [View article]
    I own two on the list, both with P/FFO under 14. I understand why DLR has been pushed down to that level and hoping its DGR will bring it back to the 17-20 range over the next few quarters. Why OHI is still down in that range beats the heck out of me. Talk about a consistent performer.
    Jul 22 08:57 PM | Likes Like |Link to Comment
  • Are You A REIT Timer Or A REIT Investor? [View article]
    Thanks for the article and I agree that management is one of the most important elements in picking a stock. However, value is important as well. O's management has not changed but it is down 20% from its $54 high but up over 10% from $40. There is a time to buy and there is a time to sell.

    BTW, can someone explain to me why OHI constantly has the lowest FFO?

    AM
    Jul 16 08:03 AM | 3 Likes Like |Link to Comment
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