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Caterpillar Inc. Message Board

skinz4q 8 posts  |  Last Activity: Jul 27, 2016 9:34 AM Member since: Dec 25, 2005
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  • Reply to

    a3for2 split with div hike would be nice

    by raggwead Jul 6, 2016 12:20 PM
    skinz4q skinz4q Jul 27, 2016 9:34 AM Flag

    I'm looking for a slowdown in dividend increases with the eventual goal being to get on the "Dividend Aristocrat" list. $1.15/$1.20 seems reasonable for next year. I'd actually be happier if they increased the dividend by 5¢ each quarter instead of 20¢ for the year. I believe a long succession of quarterly increases makes a better impression than annual increase of the same net amount. Over time, that conveys the impression of a gradual, safe, steady dividend policy that income investors like to see.

  • Reply to

    EPD is looking real

    by rpfla Jul 7, 2016 9:49 AM
    skinz4q skinz4q Jul 12, 2016 12:11 PM Flag

    First, EPD is not up as much as some other MLPs simply because it didn't go down as much as some other MLPs. Some of the ones that went down the most have had dramatic reversals, but the pain was horrific on the way down.

    Second, the "day-traders" serve a vital function in the operation of the market. They provide added liquidity both on the way up and on the way down. I applaud the long term "investors" who buy and hold. I'm one of those people. But we still need a liquid market on both the buy and the sell side to make it function properly.

    At 75, I've been in this game for far longer than you. I got started when I was about 15 by trading an account that my father set up for me. I worked as a runner, trader, market maker, put & call dealer, margin clerk, you name it, I did it. Been there, done that, as the saying goes. That's how I worked my way through college.

  • Reply to

    Is this a K-1 or 1099 ?

    by ps56k Jul 1, 2016 3:03 PM
    skinz4q skinz4q Jul 11, 2016 9:43 AM Flag

    If you have to ask that question, you shouldn't own this MLP.

  • Reply to

    a3for2 split with div hike would be nice

    by raggwead Jul 6, 2016 12:20 PM
    skinz4q skinz4q Jul 6, 2016 7:00 PM Flag

    My original 200 shares, bought in 1987, are now 9600 shares after all the splits. I'd be just as happy with 200 shares each now worth about $7488. Same exact thing as having 48 times as many shares at $156. I still don't see any benefit in splits. Neither does Warren Buffett. I'd much rather see the dividend grow than the number of shares, and they're doing just fine in that area. Since AMGN has grown from an R & D company to one that buys existing companies and products, there's no longer a big need for holding a huge cash hoard. That's what makes AMGN much less risky today than it was in their early days. I still view AMGN as an excellent long term holding, but the meteoric growth days are finished.

    Sentiment: Buy

  • Reply to

    a3for2 split with div hike would be nice

    by raggwead Jul 6, 2016 12:20 PM
    skinz4q skinz4q Jul 6, 2016 3:49 PM Flag

    You can keep the split and just boost the dividend a little. I'm not a fan of splits even though AMGN has given me many over the years. The high price doesn't seem to have hurt Berkshire Hathaway, so I doubt that a split would be a benefit for AMGN.

  • Reply to

    Opko Overpaying... Again

    by skinz4q Jul 5, 2016 2:59 PM
    skinz4q skinz4q Jul 5, 2016 4:33 PM Flag

    Maybe it's an overvalued POS. I warned about BRLI, but I was shouted down. This is much smaller but the same mentality. Pay any price and hope there's some value to come out of it.

  • OPK can't afford to pay a 122% premium for a piece of garbage that no one else wants.

  • Reply to

    what happened? anyone! thanks

    by willfirst888 Jun 29, 2016 1:11 PM
    skinz4q skinz4q Jun 29, 2016 5:46 PM Flag

    Rumors are meaningless in this business. By the time you hear the rumor, it's either (A) totally false, or (B) the rest of the world has already heard it.

    There are several seemingly in-depth articles out there, but they're too much for my small brain to absorb and understand.

    POAGX has a big position in BMRN, and they've been pretty good at picking biotechs. That's the way I choose to hold that group, but it hasn't been particularly rewarding lately. The valuations make my head spin, but the payoff - if there is one - can be astounding.

CAT
82.88+0.51(+0.62%)Sep 27 4:00 PMEDT