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  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    Hey HVB-

    For some reason I buy too early and you lower. EDE, GSK, etc. LOL. Anyway, the energy related stocks did a nice about face. Got a dividend from SE today. Tough to find something above 5% and somewhat stable. I believe the utility movement was due to Yellen/interest rate talk. I honestly don't know why. The dividends would be greater, than quarter or even a half point raise. The price appreciation shaved a whole one percent from MDU. PPL not as much. I'm sticking with OKE, VVC, WEC, OGS, CNP & SO too. Might sell TE and move into Royal Dutch @ 7.25%.

    The Kemper plant was the right idea at the time. It is proven tech, some CO2 and slurry waste, just put it in the ground, however they just ramped up and scaled the project too large and engineering problems were created. Hopefully, they come online full time by the end of the year. Anyway, the APL purchase was a good move.

    Here are a couple of low priced stocks I've been watching. MEET and BRFH. MEET just took off today. Caught my eye @ $3.60. A kid at the gym was talking it up to his friend.

    Football next month, yeah!

    Safe journey to Bay City, MI

  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    Hi, J-E-T-S!

    You have been spot on regarding some of your ute picks as the mergers and acquisitions continue. I wish I had got into MDU when you mentioned it to me(I think it was $15 and change).

    EDE is moving up and getting closer to the $34 purchase price. I've decided to hang on, at least 'till October, when it will become a long term gain and my tax bite will be less. The company expects the deal to be finalized in early 2017.

    CNP and PPL have been moving up, with SO hanging in there, near $50. I'm still a bit concerned about their "clean" coal plant project.

    All else is good. Heading to Bay City, MI this weekend to visit my son.

    As always, thanks for your picks and suggestions!

    HVB

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  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    Hey HVB,

    Yes the Insurance industry does not payout until your beneficiary makes the claim. I guess policies are lost and poor communications among family. The opt/in or out. You should be automatically opted out unless you want in. Also, class action lawsuits in the financial industry might come back instead of that arbitration clause.

    SE has a compelling story if the execute. $8B projects on tap, good cash flow, nice dividend etc. Paying you wait. OKE is up 23% since I added. So why not another strong dividend payer even if it is energy sensitive.

    CNP needs some direction. This is one of our longest holdings. We will find out more hopefully soon on the exploring options front.

    Yes ABT has stalled. ABBV has the growth & dividend. I own both. PFF has been mentioned quite a few time on the PBS NBR Market Monitor (Friday) program. Never started a position, I owned some Chris Craft PF when they became a television owner. Nothing to do with boats! And a few utility PFs at one time or the other. All been called as rates went down over time. PFs will be tough if they raise rates.

    The Jets need to sign Fitz. ESPN reported he is ready to walk away. We cannot have Geno Smith running amok. Wasted a high pick on a QB, others should help the defense.

    PAC 12 is a strong conference of late.

    Have a great weekend J-E-T-S

  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    jets, No I did not see the 69 minute insurance piece you mention...sounds rotten!

    Well, still waiting to do something with EDE. It pops up a bit now and then, but not enough to get me to pull the trigger.

    I checked out SE and it looks interesting. I believe they recently had a pipeline fire, which may have provided a great entry point.

    I have several Merrill Lynch bonds coming due mid-month so will have some additional cash to invest...maybe some SE. CNP hit a 12 month high recently, nice to see it climb a bit.

    AS for any ideas I have: I own CAJ(Canon), many patents and decent balance sheet, (I think it was a Ken Fisher idea) and I'm out money, However, I may add some at this level. Also, the recent tentative purchase of SJM by ABT has really slammed ABT(arbitrage?) and lastly, Bill Gross was talking up PFF, it's a preferred bank stock etf and pays north of 5%. I own one preferred and that is NNN-PD.

    Now, for the serious stuff...how did the Jet's do in the recent NFL draft? Green Bay's scout must like hanging out on the West coast...many picks from the PAC12.

    Best to you,
    HVB

  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    Welcome home HVB-

    I decided to buy some SE and added to OKE the other day. So dinero is spent. Pays over 5%. No taxes due on sale since in IRA. I decided to pass on the scrambled eggs. They looked good for a moment. Hell everyone loves eggs!

    Did you see the 60 Minutes episode on insurance? when people die the companies don't look for the beneficiaries even though they know they are dead from the SS master index. Billions of unclaimed policies. SHAMEFUL.

    Good Investing! J-E-T-S

  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    Hola J-E-T-S...Well, I'm back from the Riviera Maya and the warm sun and cold cervesas. All went well with the flights and the resort(except for the annoying peacocks and their early morning wake-up squawks)LOL I hope all is well with you. Regarding any investing ideas, things seem currently over priced. I'm void of any current recommendations, just waiting to take the EDE cash off the table. Of course if something catches my attention, I will pass it on. Good luck with your egg venture, should you decide to lay some dinero on it.lol HVB

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  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    HVB -

    Nice, Enjoy the sun and cold mexican beers. Looking at Cal-Maine foods (eggs), I have some cash since I sold two stocks from the Excellis spinoff and purchase by HRS. Maybe more PPL. Not sure. If you have an idea, pls share.

    safe travels, regards

    J-E-T-S

  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    J-E-T-S, Still waiting to do something with EDE. However, thanks to you, I collected nearly $370 from GSK today on the 300 shares purchased on your recommendations. Plus, I'm up over $600 from my original purchase price! Muchas Gracias Amigo!!! One more day 'till Playa!

    HVB

  • Reply to

    Waiting For The $34.00 buyout.

    by hivoltagebob Apr 7, 2016 11:44 AM

    Happy B-Day ......... 39 ?? Yes the years (candles) add up.

    Take the $$$. Next dividend is not until June. I'm thinking the same. I doubt they will raise it. I still can not believe TE raised theirs!

    Mexico, take advantage of that Peso/ Dollar. We did a cruise in that area one year. Really enjoyed Cozumel. Have a great time. Noticed the MUNIs had a run-up.

    Have a great weekend, regards J-E-T-S

  • Hi, nyjets, I hope all is well with you.

    I'm getting somewhat impatient waiting for the $34/share EDE buyout...many regulatory hoops. I was very tempted to pull the trigger when EDE got to $33.70 about a week or so ago, but I had something else to do and missed the opportunity. I'm showing some patience, unlike I did with TE. The utilities have been a recent strong sector(SO, PPL, CNP, etc).

    We should be receiving the GSK dividend soon. My $40/share purchase price looks pretty good. I sold some of my CNSL stock as I think we could have some downside buying ops in the future...of course, it rose $2/share following my sale.lol

    I'm celebrating my birthday, today. We are going out for a steak dinner. I will need a fire extinguisher to put out all the candles that are now on my birthday cake. It's just amazing how the years start to pile-up, but much better than the alternative!LOL

    I will be leaving for Playa del Carmen, MX in a week and I'm looking forward to some rest, relaxation and warm weather!!!

    As always, I appreciate your thoughts regarding investing and life!

    All the best,
    HVB

  • Reply to

    Canadian Utility Buying EDE

    by nyjets_0001 Feb 9, 2016 4:14 PM

    Hey, nyjets...I started a new topic, this one is getting cumbersome.LOL HVB

  • Reply to

    Canadian Utility Buying EDE

    by nyjets_0001 Feb 9, 2016 4:14 PM

    And Hola to you:
    AZ sounds like a successful trip. Activity, Family and Baseball. Can't beat that. Excellent!

    The energy and utilities stocks, overall good dividend payers were doing great while healthcare #$%$ out bit. Looking at the scoreboard, utilities are down today. EXC finally got POM.For example, I bought some EXC (85 shares) in the wifes (IRA) account, 10/28/15 @28.55. Solid ute rally.

    I have not heard or done anything concerning EDE. My 200 shares are sitting tight. I thought the take out bid was $35? TE is taking awhile too. Glad I kept the WEC shares from TEG. Not so glad putting the cash into GSK at $47. LOL

    OKE is committed to paying out. COP looked attractive. VZ or T? A food co like GIS PF Hormel? How about a Canadian penny stock, Green Space brand foods. I can see them being taken out eventually. Growing with debt. Disclosure don't have VZ, hormel or greenspace brands, yet !

    Gotta due taxes this week. Putting it off. Good to hear from you, enjoy spring.

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