man sunau ... hate hearing that but your right.. I voted NO as well and hope Wall Street doesn't take that as NOT being able to trust this management team going forward. THAT would effect the price ... it would take months to shake out... then the people just looking for a HIGH DIV% will buy it not knowing the events leading up to the stock falling off. UGH! 5,000 shares sucking wind!
Down -5% today (1/20/2015) on what news? What is happening with the business that it's selling off from a recent high of $9.7x to now $8.2x ... no announcements so someone somewhere knows something that were just not seeing. Is it related to interest rates? The 10yr is at 1.8% and PNNT as fallen with it. Thanks in advance for your opinions
Why.. explain what is happening with the business that they would change the payout. ... sure, they % looks high but they pay $1.12 a share ... forget the % ... what has changed in the business that they can't pay the 1.12 a share?
pull a 10yr chart then factor they never cut the dividend through the 2008 crash.. raising it steady eddie. ... Im a buyer of PNNT down here and now have 5,000 shares. Good luck... keep the topics going ... whats your thoughts on PNNT headed back over 10 .. then back to 11. I think it will and am holding
something is NOT right here ... HAS to be interest rates .. please post your thoughts. Im highly interested in a dialog... I own 4,000 shares... ugh!
Ok, Im not going to profess to be an expert here but I do not that bonds yields effect PNNT as much as anything ... yes, the markets are down and with all LOW tides, most follow. ... I wonder if the 10yr at 2.07% now is effecting PNNT's stock price .. I know when rates moved over 3% they sure did. Anyone have any info on how rates effect Pennant please share. Thanks
I SOLD 500 T and 300 VZ last week ... you have to be REALLY not watching to think that was a good idea. I mean, T and VZ are now in a price war. The cream of the the profit in that business being Data plans is being eroded by the free out build of WIFI .. the price for their infrastructure just hit all time highs ... and with cash to dividend ratios in the 150% range ... how in the world will those me sustained in a decreasing profit environment. Sell more debt? VZ just did when buying VZ Wireless.. something like $50 Billion worth. Sorry, that wasn't a good idea. I like KMI's plan for growth, high dividend, INCREASING dividends and they sit on a MOUNTAIN of cash to sustain that dividend and growth. BUY KMI, SELL VZ and T... hell, BUY ETR or SO or IDA or EIX utilities which all pay over 3+ % and with cheaper energy their stocks and divy's are sound! (just my take.. good luck)
Im long WHZ and feeling the pain ... come 1/2015 those hedges come off and we they sell oil at market... ie, 63 ... so this selling might be warranted ... sucks, but this divdend might just be the 0.30 that SA author predicted.
With all due respect to the author.. who has replied to a recent post here ... I've been suspect of ANY negative SA hit article from authors that were SHORT the units (option) Fro the record, this recent author declares he's not Long or Short ... In the past WHZ and WHX have been targets and from what I hear OTHER Trusts have been WHACKED! ... EZ Money I guess ... anyway, this SA article comes, valuing WHZ at $7 and the units don't move... why? NO ONE READS SA ANYMORE! ... I wrote this back on Aug 1st when SA went bye bye --- Seeking Alpha go bye bye -All those seeking alpha oil trust short hit pieces wont get seen anymore... love that!! - From an email this morning "I wanted to update you that Seeking Alpha headlines no longer appear in Yahoo finance"
No, we talked about this back when SA left Yahoo ... with NO ONE reading anymore it has little impact. ... I know the author has posted here saying the #'s are the #'s ... and he's probably right ... but with those SA HIT articles (being written by guys that had SHORT stakes in the Trust at the time of article ... I'm sorry, I am now trained to think that ANY negative article about WHZ is a colluded efforts to get the units to drop -2pts or so ... Sorry, it's how we feel ... I'm LONG WHZ for another divy then Im out
Greetings! ... maybe I didn't research this enough but I thought today KMP would stop trading and my shares would be converted to KMI. When does that happen? I own KMP prior to the merger. Staying Long! Thanks
1st off, I bought today at 10.10 and own 5000 shares... sucks, but have collect 17k in dividends so I'm not hurting. Question ... the math is rough but would you agree? WHZ pumps until 2021 (7yrs) ... that 28 dispo's and say each dispo is 0.60 on average .. that's $16.80 ... even if your shares went to ZERO in 2021.. from here out you will have collected $16.80 a share ... yes? BTW, yes, oil is lower but this WHZ sell off is over done.. notice that if ANY buying comes in the shares they want to move higher... I see WHZ back in high 11's in 30 days
Greets, ... can you post who you think would benefit from the Keystone and who Would NOT... Im thinking refineries would, US Shale producers would not.... thanks for all your answers
would like your thoughts on this ... I would think that the Canadian tar sands oil the Keystone will bring will have refineries licking there chops for that cheap dirty crude ... I think WHZ benefits from this ruling as crude will stay stable and ultimately go higher as demand comes back because of the cold weather. Thoughts? and if you know who DOES and DOESN'T benefit from Keystone in this let me know. Thanks
with cheap oil comes strong earnings for refineries they say.. then whats up with PSX going lower while the others going higher.. thanks