CAD......cash available for distribution. NRF caught up with me, finally. Only took a year.
A new metric........affo is dead, as it should be.
New deals...yield comes down as risk is down. The morphing of nrf.
Octo, Don't be ambushed by momentary market spikes. Doesn't take much for an outfit with a big short to drop a 100k market sell order in NRF and drop the price 50cents. Stay focused on the fundamental progress by NRF. They are clearly back in a solid growth phase and concentrating on returning value to the shareholders. In my opinion, one is running out of time if they want to round out their positions without having to buy in double digits. Pullbacks are simply buying opportunities! Good luck with your investments!
Without a prior notice of a change in chronology, it's a penney per quarter for as far as I can reasonably see.
If you think for a minute Hamo will not get his double in two years (20 cents in August), you have not worked with as many very smart, very successful, huge ego people as I have. Trust me, it will take a huge disaster to happen to nrf for August to be less than 20 cents.
I also expect 21 cents in November because estimated 2013 cash flow as of the Feb estimate easily supports it.
When they update the estimate, which should be posted soon, I expect the midpoint will be about 98 cents from 92 cents in Feb.
Repeat after me: Penny per quarter until Hamo warns otherwise in advance.
Sentiment: Strong Buy
trading down premarket with an early bid/ask of 9.55/9.78. yuck.
i agree (at a quick glance as just getting moving this morning) quarter looks fine to me. unfortunately the headline "miss" of the analysts 0.35/share number is what is likely being traded on...