MOD down a staggering 6.41% at the bell today. i see no news. volume was avg so nearly all trades were sells. DJI down today at -0.25%. why the sell off? anyone hear anything or is it insider trading?
i'd been out of BP for a long time now. i was in modestly before the spill and bought in heavily about 6 months after the spill and then realized nice capital gains and liquidated. since then i've been on the sidelines with all energy related stocks and so avoided the blood bath once the Saudis decided to over produce to force down oil margins on our domestic producers. that strategy worked in that they hit our guys hard and all energy related equities.
now, OPEC, and the rat Saudis, have decided to try to limit production in order to reduce inventories and drive oil prices up. i believe they will be successful again. this will help BP earnings. i opened a new position with BP.
BP is a remarkably shareholder friendly company. they have demonstrated that they are committed to preserving their dividend payouts, despite the high yield, and can absorb those costs. they are extremely vertically integrated from the oil pumps to the gas pumps and that has helped them tremendously.
i fully expect to see oil selling in the mid to high fifties before end of 2016 and expect BP PPS to close the year in the high 40's. a very nice capital gain while enjoying a terrific yield based on my buy at 35.95 PPS. assumption is that market will be relatively flat thru year end - maybe DJI = 18500.
bottom line is "no". dividend will certainly not be eliminated and, more than likely, not reduced.
Sentiment: Strong Buy
PLOW got ranked No. 5 on "America's Top 100 Fastest-Growing Companies" list. Fiscal 2015 came in at 141% growth to EPS.
am thinking growth was primarily due to acquisitions but had good organic growth as well.
time for PLOW to increase dividend to boost the yield. now at approx 2.97% due to big jump in share price.
have to consider increasing this position...
seeing a down trend to TTC in an up market. the split did nothing to stop the slide. not sure why the prevalent selling but need to realize a partial cash position to wait for the next market selloff due to scare over Fed interest rates. sell after the hoopla dies down and buy back in when the next selloff hits. makes things rather simple. had TTC on my bubble anyway due to poor yield and no catalyst on the horizon.
despite poor dividend rate, made a nice capital gain of 31.77%. rather think the PPS may be a bit over valued now.
nonetheless, time to ring the cash register and lock in profit.
good luck to you....
"Facebook overestimated the average time users spent watching videos between 60% and 80%, according to a Wall Street Journal report. The result is advertisers could have misjudged the performance of ads they paid Facebook to display."
well, gave up and closed WEN position. "new" CEO is no longer new. with the strategy of selling off company stores to franchises doesn't seem to be too welcomed my Mr. Market. definately results in lower earnings and proceeds are being used for stock buyback. they will be buying too high. poor earnings will catch up once the buyback is exhausted.
not seeing ANYTHING new here and their unwillingness to go with a breakfast venue is a horrible nonstrategy. no catalyst out there to push the PPS or increase dividend yield. nothing other than the next new silly sandwich.
have now seen another Wendy's store close on Hwy 10 in Stevens Point, WI. that's the second one i've seen closed here in the last year. haven't seen any open.
also, it was rather telling when the largest single franchise owner - Jr. Bridgeman - sold off all his holdings in WEN and bought into Coca Cola bottling.
the current yield at current PPS is i lowly 2.27%. that is under avg for the DJI. i waited a bit untl the bull market took WEN PPS back to 10.65, realized an incredibly small capital gain of only $108 plus dividends. that vastly underperforms other equities in my stock portfolio and the performance of the DJI over last 6 months.
good food - best of class in fast food market but poor management, poor outlook, poor investment.
gotta say it, and i played it... Sell Strong
Sentiment: Strong Sell
strangely quiet board here. i expected to see some heavy duty trash talk after that terrible Q and CC.
horrible. down over 27% in 2 days. someone needs to get the boot there....
yeah. what a joke. TGT concerned about being politically correct as their earnings erode. i just heard someone remark the other day that they won't shop there anymore because of that. guess that would hold true for shareholders as well?
regardless, brick and mortar stores are becoming less and less attractive to buyers as the internet continues to exert influence. Walmart goes and buys Jet to boost their internet prescence. TGT has done little. last quarter earnings indicative.
i closed my TGT position and took a slight 3% capital loss offset by yield. however, opportunity costs high as TGT vastly underperformed a bull market.
Long Term sentiment = Strong Sell
Sentiment: Strong Sell
am seeing a down trend in an up market. not too surprising and will only accelerate. the largest customer base for Six Flags are the teenagers. in today's world, teens are becoming more inactive. they are entertained not by thrills on rides but by laying in bed on their phones or sitting in chairs in front of a screen playing video games. Six Flags should expect to see attendance drop YOY in every quarter.
i'm out as of today with a modest 10% capital gains plus yield.
good luck to you all....
picked up shares at 22.28 PPS and intended to just reap the dividend for a quarter. the yield was nice at 4.22% and thought it a good harbor to hold cash. did not expect shareprice to soar as it did and am now enjoying a nearly 43% capital gain at current 31.83 price. that drives current yield down to 2.95% as today's close. would sell but would now incur a significant short term capital gains tax come next filing. don't want that...! Uncle Sam takes too much already. guess i will have to view this holding as a long term investment and go sell something else for cash holdings. at least my yield will hold at 4.22% based on purchase price.
a nice problem.
i found no news as to why GNRC PPS took a nose dive on the 2nd. should have increased my holdings as shareprice is rebounding nicely. GNRC is becoming very volatile. i see the first hurricane brewing and has now made land fall but far south in Mexico. could be a strong season which will drive sales. i'm betting on it.
just checking in... up nearly 20% on initial buy. while there are faster movers, this is a good, comparatively low risk equity. i am liking their growth and apparently, so does Mr. Market.