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Alpine Total Dynamic Dividend F Message Board

  • rhianni rhianni Apr 30, 2013 10:02 AM Flag

    AOD vs S&P

    NAV YTD
    XAODX: about +4.5%
    S&P: +9%

    Share price since dividend cut
    AOD: +3.25%
    S*P: +6.5%

    NOTHING has changed and anyone long that is thinking new management will be turning this around is deluding themselves. Keep in mind opportunity costs. If your money is parked somewhere it cannot be in other investments. Lets say that management does somehow turn this around. Do you expect it to be as fast as what you could get elsewhere?

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    • Where are you coming up with your XAODX numbers?

      NAV at year end 2012 was $4.54, and $4.81 at today's close.
      A $.27 increase in NAV yields a return on NAV of 6% y-t-d.
      Add in another $.136 divs y-t-d and I get a total return y-t-d
      of -- $.27 increase in NAV, + $.136 divs y-t-d = $.406.

      $.406/$4.54 = 9% y-t-d return on NAV.

      Also, at today's close of $4.81, the NAV is equal to the close at 12/31/2011.
      With divs paid of $.80, the return on NAV in the last 16 months
      has been 16.6% -- or just over 1% per month.

      • 1 Reply to rlo12453
      • I used yahoo finance's interactive chart and compared from 1-3-13 to yesterday 4-20-13. I wanted to avoid that big drop off on the 1st which seemed like an anomaly.

        If you want to use 6% thats fine, my point still stands. AOD nav is underperforming the market as it has for years.
        Longs are making the case to buy AOD based on that the price to NAV discount is large. Which it is, but you are still buying a lagging, depreciating asset at a discount.

        Depreciating based on it buying S&P type companies but bleeding itself dry with its payment policy.

    • RHIANNI, as always, is spot on! Though there is in fact no 'New Management'. The LIEbers have always had their fat, greedy fingers on everything AlpineScam. Does anyone think that previous 'management' was devoid of LIEbers? Jill & SecretSauce operated on their own!? Yeah........sure....I think not.
      Again, do simple charts: DOA, oops!, AOD vs anything!
      Anything Alpine IS A SCAM ! ! !--FEE HARVESTING! MONEY LAUNDERING??? ABJECT 'MANAGEMENT' STUPIDITY!!!??? Whatever, = S C A M

      Sentiment: Strong Sell

 
AOD
7.570.00(0.00%)Apr 29 4:02 PMEDT