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NC Investor

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  • How Much Does Seeking Alpha Pay Its Contributors? [View article]

    A very useful article.

    I find there are many very good SA contributors and there are many who are not so good and obviously are providing articles simply to pump or dump a stock or perhaps simply to obtain the SA payment. The latter are a waste of time and it would be desirable to not waste time reading them. I have compiled authors whom I find useful to read and discard those of lesser value simply by subscribing or unsubscribing.

    The problem with the above approach is that I subscribe also by stock name and thus the articles written by not so good authors show up in my email as well.

    I am sure I am missing many good authors articles and with so many authors I wonder if there could be some sort of author rating system such as having readers rate authors on a scale of 1 to 10 and have the results shown someplace for all to see such as on SA Home. Or perhaps something similar to how Amazon rates books. i.e. Show both the rating as well as the number of readers who provided a rating. Of course limit the votes to one to a rating reader.

    Keep up the great work.

    Apr 12 10:37 AM | 1 Like Like |Link to Comment
  • National Oilwell Varco Has Great Dividend Growth Potential [View article]
    I remain long NOV and view this company as a sound long term holding in the energy segment, that seems will continue to grow longer term due to the growing middle class worldwide that will demand more energy. I view the recent price weakness due to the cut back in capital spending by the large oil companies for 2014 but expect to see a rebound in 2015.

    Internally NV seems to be working to reverse the slowdown impacting margins via the forthcoming spin off as well as the new CEO making changes.

    Technically the double bottom in the 73 area should be an area of support and a good place to buy NOV shares.

    Apr 6 05:12 PM | 4 Likes Like |Link to Comment
  • Seadrill: Should You Buy Or Run For The Hills? [View article]

    I think what the author intended was that a yield of 11.23% is quite good even compared to MLP's, that tend to have quite high yields. Not that SDRL is an MLP. The wording could lead to different interpretations.

    Apr 2 04:41 PM | Likes Like |Link to Comment
  • Assessing The Growth Scare At Kinder Morgan [View article]
    Value Doc

    A superb job in covering the many interrelated influences on KMI stock.

    I would just did Rich Kinder and several other execs have invested heavily in KMI stock since the stock price was driven down indicating they are not just talking but also putting up their cash.

    Mar 27 10:07 PM | 3 Likes Like |Link to Comment
  • Seadrill Discusses The Downturn In The Offshore Drilling Market [View article]

    Thanks for another great article. I remain long SDRL, SDLP and NADL and intend to wait out the slow down in 2014.

    Mar 12 11:37 PM | 3 Likes Like |Link to Comment
  • Opportunity Knocks At Kinder Morgan [View article]

    I also hold KMP but in taxable accounts. Since the KMP MLP offers some built in tax deferment it seems to me better to hold KMP in a taxable account since an IRA already provides tax deferment. Can you elaborate why you see holding KMP in an IRA is preferable over a taxable account?

    Mar 2 09:59 AM | 5 Likes Like |Link to Comment
  • Kinder Morgan Energy Partners Responds To Criticism [View article]
    Count me as one of the Rich Kinder worshippers. This is a complex business and needs someone with his wisdom and honesty to effectively run this complex business. Thus I follow closely the Kinder presentations and have found them to be quite accurate and honest.

    Rich Kinder again put his money where is mouth is by buying another 100000 shares of KMI this week, I followed his lead and also bought more.

    I suspect most of us have learned not to like dilution but with an MLP that is required to pay out most of its earnings to unit holders there is little cash to grow the distributions. Thus investing in MLPs requires one to favor distribution growth over dilution.

    Feb 23 09:53 AM | 12 Likes Like |Link to Comment
  • Seadrill's Path To Problems [View article]
    I agree the quality of SA articles has greatly deteriorated and unless SA changes their ways I will limit my looking at SA articles to only those of authors I trust.

    Feb 19 10:33 AM | 4 Likes Like |Link to Comment
  • A Premium Healthcare REIT That Delivers Something Special [View article]
    Would OHI be a suitable investment to hold in a tax deferred account such as an IRA? I did not notice an UBTI being reported by OHI and the distribution including ROC would suggest OHI being suitable for a tax deferred account. Any thoughts on this question?

    Feb 15 01:09 PM | Likes Like |Link to Comment
  • A Premium Healthcare REIT That Delivers Something Special [View article]

    Thanks for a very thorough article on OHI. I am an amateur REIT investor and looking at the OHI website I find one piece of information I am not sure is good or bad.

    In 2012 (2013 data not yet available) OHI indicated that of the dividend paid 52.3% would be taxed as ordinary income and 47.7% would be ROC. The later would not be immediately taxed but would reduce the original basis in the REIT.

    The bad part of this suggests OHI is paying out more in dividends than it can afford.

    The good part is the ROC portion reduces the basis in the REIT cost and is subject to a LTCG tax of 15% when the owner disposes of the property. i.e. Deferring this expense until much later. Assuming someone has an ordinary income tax bracket above 15% this would seem to be good.

    Can you help me understand if this is good or bad and why?

    Feb 12 11:36 AM | 1 Like Like |Link to Comment
  • Kinder Morgan Faces Legal Controversy [View article]
    The 2 KMI to 1 KMR makes sense to me. I prefer the ratio to be between KMI and KMP. I am long KMI and KMP.

    Feb 7 11:22 AM | 3 Likes Like |Link to Comment
  • Seadrill Expects Forward Growth And Offshore Drilling Industry Strength [View article]
    Power Hedge

    Another great article that addresses directly my concern of the supply vs demand of deep water rigs. I remain long SDRL and am anxious to see how SDRL fares in obtaining contracts for the rigs in 1H2014

    Jan 23 10:33 AM | Likes Like |Link to Comment
  • Make Way For Russia's Impending Shale Oil Boom [View article]

    Excellent article explaining the Russian shale situation.

    You mention SLB as possibly benefitting but I thought NOV also has technology that will be needed to extract this oil.

    Jan 21 10:47 AM | 1 Like Like |Link to Comment
  • IBM Has No Cash Flow Problem At All [View article]
    Great job in putting the global finance business in the proper perspective. Many analysts simply look at the debt of global finance and assume the company is very highly leveraged.
    Nov 12 04:42 PM | 6 Likes Like |Link to Comment
  • Investing In An Abnormal (And Very Tough) Time [View article]

    An exceptional article. I found your view very closely resembles mine and perhaps that is why I found it to be exceptional. (g) .

    I would be interested to learn your view on the future of the following:

    1) We are now in a global economy that started in the 1980's and is likely to continue. This is new to recent history.

    2) We have recently experienced a sharp increase in income and wealth between the haves and the have nots. In short the have nots have seen their purchasing power in real terms actually decline in the last decade contributing to a slowing demand.

    3) In the US (as well as some other developed nations) we are seeing an aging demographics as indicated by the baby boomers reaching retirement age every day.

    4) Since the 2007 recession we have seen revenues grow at a slower pace while US companies have done things like cut costs, employ technology to become more efficient and use share buybacks to bolster EPS and thus stock prices. The raises the question of sustainability

    I hope you will continue to publish articles of this quality and value.

    Nov 9 11:17 AM | 3 Likes Like |Link to Comment