Southern Company Offers Brighter Investment Prospects Than Duke Energy [View article]
<GimliJan> Thanks for your comments. As always, lots of things to consider when investing in any company. I plan to re-enter with DUK on the pullback. Good Luck to you, too.
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
<spinrbait> Thank you for your comments. I began buying DUK stock in the mid 90's and continued to add and reinvest up until the Progress merger. You are correct about the reducing annual dividend increases. But for some reason, I still seem to recall an annual dividend reduction prior to Jim Rogers (Cinergy merger - 2006). Admittedly, I have been unable to verify this through my historical research, so I must be confused with another electric utility (?). This is really a moot point at this juncture, anyway, and I should not have mentioned it.
I am just concerned that DUK has now combined PE's debt to their debt, the immediate joint operational expenses (namely, Fossil and Nuclear), merger premium cost(s), and other (now) combined major expenses, even though DUK has a $45.4B Market Cap. The projected combined 'Margin' just doesn't seem adequate to continue with the FCF. I personally have some concerns with DUK's financial reporting, too, but I'll not carry that point any further.
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
Rom, I agree with you completely. DUK is great for the long haul, and I plan to buy again when (if) the pullback occurs (seems to be on track, lately) and with DRIP option. I am also in agreement with your comment concerning RNDY (considered penny stock with unsustainable high dividend). Too risky and competitive for me and not among my favorite sectors. I'm long on Utilities (electric, communications, water, etc.), Health Care and Energy. DGI too. Only way to go !
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
<romilar> As you indicated, my opinions are just that.......opinions. As far as the DUK dividends, they were reduced several years ago due to excessive debt. (Please check this out.) DUK has many major additional expenses in the near future that MAY necessitate a dividend reduction, thus lowering the share price from a selloff. A good entry would be $59 to $63 on a pullback. Again, my opinion..................
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
Duh, Tanks Teach ! Next time I'll 'proof read' prior to transmitting. Yes indeed, the word should have been COAL (as in low sulfur bituminous), not 'cold'. Bless you my friend for your insignificant correction and opinion (?). Sorry I confused you with such a trivial misspelling error. BTW, I also failed to mention OIL (as in petroleum) fired generating plants. Does this add to your confusion ? I wish you luck with your grain of salt mentality (facts).
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
It'll be a long time before DUK will get it's 'ducks in a row' after the merger fiasco with Progress Energy. Future requested rate increases will not be favorable by the Commission(s) due to DUK's poor management and incompetent Board of Directors as demonstrated immediately after the merger approval. Reducing the number of old cold fired generating plants and switching to Natural Gas at others, is commendable, however, this has become the industry standard and DUK has been reluctant to 'get on board' until recently. Another issue that the article has failed to mention: Florida's (Progress Energy's) Crystal River Nuclear Reactor Containment Building cracks. There has been no decision, to date, as to repair or decommission. Extremely expensive, either way. Indiana's Commission has not ruled, and may not, on a recent rate request. LOTS of Ducks to overcome. Thankful I sold my DUK shares and bought SO at the right time.
Competition is intensifying for Qualcomm's (QCOM -2%) Snapdragon baseband/app processors, says Avian, which downgraded shares to Neutral. Nvidia (NVDA) has been picking up design wins, Mediatek has deals with Chinese OEMs, and Broadcom (BRCM) has a growing mid-range presence. This leads Avian to worry Qualcomm will see a mix shift towards cheaper standalone baseband chips, such as the one used in the iPhone 5. In Qualcomm's defense, there have been several high-profile Snapdragon design wins (I, II, III, IV) in recent months. [View news story]
Southern Company Offers Brighter Investment Prospects Than Duke Energy [View article]
GimliJan & Charlie1968 : You both are correct, however, you have just scratched the surface. Mother Nature and other factors have many ways of affecting all industries. Duke's pre-merger exposure in Indiana and Ohio also have their snow/ice, tornados, floods, etc. Btw, Hugo (hurricane) did a number on the Duke Service Area in September, 1989 (pre-merger) through Charlotte, NC (home office area). Let us not forget Duke's exposure in Latin America (pre-merger). Here are other factors that is in addition to Nature such as governmental/economic conditions/cartels, etc. Also, in Latin America, a very important consideration : Duke has to compete with numerous government owned (and run) 'low cost' hydro-electric facilities. Do you really believe "competition" is the same in Latin America as in the US ? ? As you can see,hopefully, there is more than hurricanes to consider. Also, let's not forget 'Management', or lack thereof. Glad I sold DUK and bought SO !
Seadrill (SDRL -1.9%) is cut to Neutral at HSBC Securities, which notes industry fundamentals remain strong but the surprise factor is limited. The firm says $4B of ultra-deepwater contracts in July are a clear sign of drilling market momentum, but upside to market expectations is more limited vs. elsewhere in oil services. Also, SDRL plans to sell $1B in unsecured notes via a private offering for institutional investors. [View news story]
Initially, or anytime, a "Buy" from HSBC ? Not from my research................. Long on SDRL !
Pioneer Southwest Energy (PSE -2%) is cut to Sell from Neutral by UBS, which says the company's relatively weak hedge profile, tight coverage ratio, limited distribution growth history, and sub-8% yield leave it cautious at current levels. Among E&P MLPs, the firm prefers Linn Energy (LINE) and Legacy Reserves (LGCY). [View news story]
My preference would be LINN, by far, in this potential MA.
Southern Company Is A Buy At Its 50-Day SMA [View article]
Use extreme caution (timing) prior to buying Duke at current price (<=$67 ). Wait until $62-$64/share due to recent merger with PGN fiasco, Crystal River Nuclear Plant Containment Building repair/decommission and NC Utility Commission Ruling on the Merger CEO penalty.
Duke Energy Management Discusses Q3 2012 Results - Earnings Call Transcript [View article]
Duke Energy: Juicy Dividend And Solid Performance, But Buy On Dips [View article]
Southern Company Offers Brighter Investment Prospects Than Duke Energy [View article]
Good Luck to you, too.
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
I am just concerned that DUK has now combined PE's debt to their debt, the immediate joint operational expenses (namely, Fossil and Nuclear), merger premium cost(s), and other (now) combined major expenses, even though DUK has a $45.4B Market Cap. The projected combined 'Margin' just doesn't seem adequate to continue with the FCF. I personally have some concerns with DUK's financial reporting, too, but I'll not carry that point any further.
Again, I appreciate your previous input.
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
Thanks !
Pleasure is all mine.........Free
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
Buy Duke Energy For A 4.7% Dividend Yield And Retirement Of Coal-fired Power Plants [View article]
Competition is intensifying for Qualcomm's (QCOM -2%) Snapdragon baseband/app processors, says Avian, which downgraded shares to Neutral. Nvidia (NVDA) has been picking up design wins, Mediatek has deals with Chinese OEMs, and Broadcom (BRCM) has a growing mid-range presence. This leads Avian to worry Qualcomm will see a mix shift towards cheaper standalone baseband chips, such as the one used in the iPhone 5. In Qualcomm's defense, there have been several high-profile Snapdragon design wins (I, II, III, IV) in recent months. [View news story]
Southern Company Offers Brighter Investment Prospects Than Duke Energy [View article]
You both are correct, however, you have just scratched the surface. Mother Nature and other factors have many ways of affecting all industries. Duke's pre-merger exposure in Indiana and Ohio also have their snow/ice, tornados, floods, etc. Btw, Hugo (hurricane) did a number on the Duke Service Area in September, 1989 (pre-merger) through Charlotte, NC (home office area). Let us not forget Duke's exposure in Latin America (pre-merger). Here are other factors that is in addition to Nature such as governmental/economic conditions/cartels, etc. Also, in Latin America, a very important consideration : Duke has to compete with numerous government owned (and run) 'low cost' hydro-electric facilities. Do you really believe "competition" is the same in Latin America as in the US ? ?
As you can see,hopefully, there is more than hurricanes to consider. Also, let's not forget 'Management', or lack thereof. Glad I sold DUK and bought SO !
Seadrill (SDRL -1.9%) is cut to Neutral at HSBC Securities, which notes industry fundamentals remain strong but the surprise factor is limited. The firm says $4B of ultra-deepwater contracts in July are a clear sign of drilling market momentum, but upside to market expectations is more limited vs. elsewhere in oil services. Also, SDRL plans to sell $1B in unsecured notes via a private offering for institutional investors. [View news story]
Pioneer Southwest Energy (PSE -2%) is cut to Sell from Neutral by UBS, which says the company's relatively weak hedge profile, tight coverage ratio, limited distribution growth history, and sub-8% yield leave it cautious at current levels. Among E&P MLPs, the firm prefers Linn Energy (LINE) and Legacy Reserves (LGCY). [View news story]
Southern Company Offers Brighter Investment Prospects Than Duke Energy [View article]
You are absolutely correct ! Additionally, SO is an exceptionally better Managed company.
Southern Company Is A Buy At Its 50-Day SMA [View article]
Sold 2000 shares of Duk, bought SO.