I've been out of the energy sector since last summer. Back in February the bulls were right but they couldn't or wouldn't make their case. So now "inventory is above ground." Seems to me it would be cheaper to leave it in the ground.
what is up with this latest release? half the stuff doesn't work. it tells me I need a full scan and when full scan is clicked it just bumps me back to the previous screen. go thru the help function and it they tell me they are working to fix it. what am I paying for? why did they release a product that is not ready for customers? it's loaded with bugs! a lot of people had thought that they cleaned up their act when Norton 360 was first released.
I met a friend for lunch today at Panera Bread. At about 12:45 PM there were about eight people ahead of us in line but our orders were taken in less than two minutes. Why? Five open registers. I had to wait about five minutes for a salad. But you know what? I didn't mind waiting a few minutes because I knew by previous experience that the food would be fresh, attractive and good tasting. Ever have to wait five minutes at MCD? Bet it pizzed you off good.
One thing that I REALLY dislike is seeing an employee mopping the floor behind the counter, putting the mop down and coming forward to take your order. If you've been handling any cleaning materials I would appreciate having you wash their hands before touching my change or my food.
I don't claim to have ALL the information. Anyway, replace "bought out" with "merger" and I still think I have a valid point. The dividend is not safe at current oil prices.
Robbing Peter to pay Paul for sure. It's also called "shoring up the share price in the hopes that when you get bought out you can reach for a better deal." Of course you could also accomplish the same thing by cutting the dividend now and using your extra cash to buy back shares on the open market. But then you would not be able to pocket that over-generous dividend each quarter. Enjoy it while it lasts.
I don't know how long this high wire act can go on. There world is awash in petroleum, there is no reason to jump into any of the big oil companies. The only reason I can come up with? The flash boys are accumulating huge amounts of cash and they must put it somewhere. When you're raking in millions at the back door your portfolio has room for a little volatility over the next 24 months or so. Hey, who can't use a capital loss now and then at tax time?
According to Yahoo 2015 earnings consensus is $6.35. At the current P/E of 8.3%x that puts the share price at less than $53. That's down about 15% from here. Of course with the 4.7% yield on the dividend (if they can keep it) you'll only be down 10.3% for the year. Lots of patience needed to own this one.
MCD is so over. The novelty wore off long ago and in 2015 we have fifty-plus years of advances in nutritional education and in food production and preparation methods. Your father's hamburger.
Sentiment: Strong Sell
You may get your wish. Shorty is back from holidays vacation this morning. Who the heck was paying $70 for COP last week?
When I am on the road I avoid MCD and it's clones altogether. I will run into a convenience store and buy a Snickers bar and a bottle of Snapple or orange juice. My candy bar lunch is more nutritious than what the burger barns offer and it is also much safer to eat because it is packaged and sealed at the point of production.
That's what MCD is doing with the "dollar menu" items. How much can you make if you sell somebody, say, three items from the dollar menu? The profits must be razor thin. They're chasing kids for pennies.