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cubanpete

cubanpete
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  • Freeport-McMoRan: Management Needs To Make A Decisive Move Soon [View article]
    Many thanks for a thorough article on my least favorite holding, FCX. As regards what management should do, I have no suggestions other than some of the ones already made here. I question the necessity of paying a dividend at this point, and I would hesitate to pitch the oil business at these low prices as it gives them a second option at cash flow (if copper fails to climb, then maybe oil will or vice versa.) Other than that, looking at the mess that was once FCX I can only quote that famous philosopher, Stan Laurel: "Another fine mess you've gotten us into, Ollie."
    Aug 18, 2015. 01:01 PM | Likes Like |Link to Comment
  • Pepsi Poised To Pop [View article]
    I bought PEP in 2008 and have logged a 40% profit (not including dividends.) I have no intention of selling. Their products are ubiquitous, they cover three categories (fizzy sugar water, healthy drinks and snacks, indulgent foods), and I would say they are executing on the strategy of building franchises in areas that healthier consumption is focusing on--both by acquisition and product development/reformulat... I have no intention of selling at the moment and should a dicey market drive the price down, would look at adding. I would not do so with KO, which I also own, where I am not sure that they know what their strategy is or how to execute it.
    Aug 16, 2015. 03:02 PM | 1 Like Like |Link to Comment
  • Do You Seriously Own Freeport-McMoRan? [View article]
    OK, OK, I admit it. I jumped in when it hit the low 20's and again (small amounts both times) in the teens. My attitude is that at this point the payout if I wait could be better than the miniscule amount of cash I would get by selling. When it comes to FCX, my sole purpose in reading the SA commentary on this stock is to rejoice that I am not the only one who stepped in the s-...er, copper. I get the feeling that there were not nearly as many nay sayers on the stock when I first bought it, now they seem to come out in droves.
    Aug 13, 2015. 05:21 PM | 3 Likes Like |Link to Comment
  • BDC Results For Q2 2015: Mostly Covering Dividends [View article]
    Buzz. Inasmuch as you are one of the writers I follow the most on SA, anything that their policies do to limit your publishing will limit my use of the site. I intend to go back now and sign up for your blog, and you are the only writer I have considered actually paying to access the "premium" material. You are clear and consistently informative about a category that I find can be difficult to understand, and I have often said that I wish other contributors could make as much sense, and provide such concrete information as you do, about the categories they "cover". As for the "hyberbolic" statements, I think that they are a waste of time (mine and other serious readers) and I wish SA would be more vigilant about barring them from being published. Please keep up the excellent work, and many thanks again for what you have been providing to this investing community.
    Aug 10, 2015. 11:57 AM | 7 Likes Like |Link to Comment
  • WaferGen Bio-systems' (WGBS) CEO Rolland Carlson on Q2 2015 Results - Earnings Call Transcript [View article]
    Am I the only one who found this (software?) transcribed analyst call totally incomprehensible for the most part? This could be a very interesting company but most of the transcript read like a script for Ali G and I could not follow most of it. It is a complex (to me) subject and it seems that there must be a better way to provide content like this.
    Aug 10, 2015. 10:04 AM | Likes Like |Link to Comment
  • ConocoPhillips: Negative Working Capital Effects, Rising Production Levels, $2 Billion In Financial Flexibility [View article]
    Until 50% (I picked that figure out of a hat..) of the cars on the street run on batteries or some alternative source of power, oil is still a finite resource with many facets of life dependent on it. We have had shortages due to politics and commodity manipulation, we sure have a glut now, but sooner or later prices will creep up again. I had some shares that were over 100% in the black, I added at 49, but I am going to wait now on the sidelines and sit this out. I certainly won't panic sell, I just don't want to try and catch a falling knife. I think it is important to Conoco to keep the dividend where it is so, for the moment, I am going to see CO as a way to get  income out of an asset that is certainly down, but not out. I think the chances are greater that we will see an increase in the price of oil over the next two years (how many people expect things in the Middle East to stay quiet for the next two years?) than we will alternative energy sources become prevalent enough to displace the use of oil, so barring any catastrophic news about Conoco specifically, I am holding on. I have faith in their management for the moment.
    Aug 7, 2015. 04:48 PM | 2 Likes Like |Link to Comment
  • Buyout talk swirls around General Mills again [View news story]
    The takeover of GIS by Nestle has been swirling in the ozone since the early '90s when the joint venture--Cereal Partners Worldwide--was formalized between the two companies. Given the recent activity with Heinz, the rumor continues to be a possibility, in my opinion. However, as I have for twenty years or more, I buy GIS on the fundamentals Long Term, and not with a jackpot takeover in mind. In an increasingly global economy, GIS is still fundamentally an American company (unlike Kellogg) so the geographic synergies from a takeover by Nestle are real. I just don't think it is worth speculating in that this is not news. I continue to like GIS because it has a good dividend, it has good management, and it has a great product line (and increasingly so as they expand their offering outside of RTEC (ready to eat cereals). The issue is that RTEC is still a huge chunk of their business and the margins will continue to be eroded as PL (private label) offerings continue to improve in quality and are more cost-friendly, putting pressure on GIS profits for now and the foreseeable future.
    Jul 20, 2015. 02:22 PM | 2 Likes Like |Link to Comment
  • BDC Volatility For 2015: Part 1 [View article]
    Buzz. Another fine, clearly written and informative article. Would that everyone who writes for Seeking Alpha add as much value as you do. Thanks. I am currently long ARCC and HTGC. I like the portfolio companies for HTGC but am currently waffling on buying more shares. Do you see more downside from where the stock currently is, and a chance to buy it more cheaply? Besides the sale of new issues recently, and general twitchiness of the sector these days, I can't identify what else seems to be driving the company down. Any insights would help. CP
    Jul 8, 2015. 11:25 PM | 1 Like Like |Link to Comment
  • Hercules Technology Growth Capital: What Comes Next? [View article]
    BDC Buzz. I would love to have your insight as I respect your expertise in this sector (thanks again for all the great articles, BTW.) I finally had the time to start reading HTGC's summary leading into the shareholders' meeting on July 7th. Upon looking at the list of "2014 Named Executive Officers" I noted that 3 of the 5 have resigned, 1 of the 5 has stepped down as an executive officer (but remains at the company) and only Mr. Henriquez remains on the executive list. I do not pretend to be a sophisticated investor, but normally this huge "shift" or exodus in a company would seem to indicate some internal trouble. Do you have any insights to share? I am long HTGC as I thought it was well managed, and like the kinds of companies they have invested in, but with a continued loss, I would value any opinion or knowledge you might be able to share. Thanks.
    May 28, 2015. 10:20 AM | 1 Like Like |Link to Comment
  • General Mills: Uninterrupted Dividends For 116 Years [View article]
    Good article and well written as well as informative. I have owned "The Mills" since 1993 and between splits, the solid dividend and long slow growth it has been the star of my IRA. Many thanks for giving me reasons to continue to look at good entry points to buy more.
    May 19, 2015. 07:57 PM | 3 Likes Like |Link to Comment
  • Revisiting Verizon [View article]
    Would that I could get this kind of exhaustive analysis from my retail broker...many thanks.
    May 7, 2015. 02:49 PM | 1 Like Like |Link to Comment
  • Feed Your Family With These 4 Monthly Paying REITs [View article]
    A belated thank you to AzErTy and PendragonY for your input on ARCP. Very helpful. Best, CP
    Apr 27, 2015. 11:24 AM | 1 Like Like |Link to Comment
  • Feed Your Family With These 4 Monthly Paying REITs [View article]
    Does anyone have thoughts on ARCP? I know it was slammed by chicanery on the part of its recent ex-CEO and a poor board, and all its previous numbers had to be re-stated. I have been advised that it is a lot more solid than its price warrants (all the bad news is behind it, problems fixed, new honest CEO etc.) and is undersold. I am skeptical. I do like the 10% dividend (though have no idea where they are finding the money--borrowing most likely) and it pays monthly as well. Any opinions or insights appreciated.
    Apr 25, 2015. 09:17 PM | Likes Like |Link to Comment
  • Feed Your Family With These 4 Monthly Paying REITs [View article]
    For a bumbling novice in REITs, this is an informative and useful article. I also love that Mr. Thomas manages to impart investing wisdom without a hint of pontification. Lastly, how "refreshing" to read about investments and frozen yogurt (plus toppings) in the same article! Keep them coming please, and many thanks. (Oh, and frozen yogurt is not ice cream, but if it looks like a duck, tastes as sweet as a duck, and can carry the same toppings as a duck...)
    Apr 23, 2015. 05:24 PM | 3 Likes Like |Link to Comment
  • Zacks' Bear Of The Day: Freeport-McMoRan [View article]
    I think Total Return Investor's comment is spot on. Copper and oil will continue to be a necessity so now is a good time to buy in both sectors. As far as Freeport Mac goes, although I hold it at a loss, I bought on the way down (too early, as it turned out) but may consider buying a little more if it looks like it has reached its nadir. If I had it all over again, I might refrain from buying when I did, but I see the huge dividend slash as the right move and I am glad they bit the bullet and cut. Their debt load continues to be a huge worry--particularly with shrinking revenues.
    Apr 1, 2015. 08:58 AM | 1 Like Like |Link to Comment
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