Sun, Jan 25, 2015, 4:20 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Zynga, Inc. Message Board

buyacramer 132 posts  |  Last Activity: Dec 31, 2014 1:19 PM Member since: Feb 10, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • FVE management was recently given over 100K shares. 2014 was a disaster year full of distractions and catching up on reporting. They probably also flushed every possible bad news out so that they can start with a clean slate in 2015. As the tax loss selling comes to an end so that everybody who wants to get out is out, 2015 should be set up a a good year for the company to start showing positive surprises. Remember FVE is a US only firm with no exposure to foreign currency or global slowdown risks. Lower energy and a super strong US economy bodes well for FVE and the stock also shields you from global surprises. Also, the winter so far has been extremely mild, which also bodes well for occupancy rates.

  • CG has fallen off a cliff this year by 25% because of its exposure to energy. However, I think they have been overly punished for exposure to energy. Markets are at all time highs, so even if CG's energy portfolio is down 30-40%, the remaining 90% of Carlyle is probably up 10% or so given markets are up over 10%. On net, Carlyle's portfolio is up for 2014, so why a 25% selloff? January typically is very strong for PE as that is when they give their biggest dividend. CG could see a nice start of 2015 year rally. Selloff makes no sense to me. Anybody else have thoughts?

    Sentiment: Buy

  • FVE is down in 2014, but what really has changed in the business? The restatement issue was a debacle, but the company continued to acquire new properties in 2015, revenue likely grew as we will soon find out when they report, and they will get this restatement behind them, positioning them well for positive catalysts that should lift the stock in 2015.

    FVE is dirt cheap at these levels and is one of the few stocks still on sale in this all time high market. As the world continues to do QE and struggle for growth, where better to invest than right here in the US in one of the largest senior living operators? You don't have to worry about strong dollar hurting your international sales #s, which will be a problem for multinationals in 2015. The US economy is booming, jobs are plentiful, asset prices are high, and American seniors are richer than probably anytime in recent history. America is also aging. Add to all that, 30-40% decline in energy prices (will be lowest heating costs for FVE in years), and you really have all the stars aligning for FVE and the sector as a whole. Listen to any anayalst on CNBC and you will hear them caution investors about multinational stocks in 2015 because of the strong dollar. Stocks like FVE, that are 100% US, in a great sector, and still trading at low valuations in this euphoric market are the place to put your money in 2015.

    Sure FVE has some issues with governance, but that is already fully baked into the stock. 2014 was the dead year for FVE, but 2015 will be when they get their act together and come alive again.

  • ANW starting to take advantage of the fire sale from OW Bunker Bankruptcy. They just won auction for their US fuel assets. More to come. ANW should be at least flat for the year. No reason their stock is down 10%.

  • Looks like aircraft leasing company turned down a buyout offer from China Investment Corp and instead has decided to go public. Maybe CIC should look at FLY, which is definitely the cheapest in the space. Abu Dhabi fund has investments in Aercap, Japanese investment fund has a stake in Ayrcastle. If FLY were to attract a major soverign equity fund, that could help the steep discount the stock is trading at.

  • Quote from ANW earnings report. The best is yet to come anw we should see the operating leverage of ANW translate to significant earnings growth in 2015. Their building program is done and they have little, if any capex commitments. Company is going to be flush with cash for dividends, buy backs, and be positioned well to potentially buy distressed assets from some of their competitors that aren't doing well. Does this look like a stock that should be down this year when the market is up over 10%? I think we definitely will have a run into year end.

  • Strong volume but slighty lower spread. Overall, a good quarter. Let's see if ANW can get better spreads on these growing volumes sold. Would be interesting what opportunities may be available to ANW in OW Bunker bankruptcy.

  • Reply to

    Fly vs AYR Comparative size Fly 121 Aircraft AYR 140

    by donf22 Nov 20, 2014 12:28 PM
    buyacramer buyacramer Nov 21, 2014 9:11 AM Flag

    Merrill Lynch Analyst also noted the similar age, size, and remaining lease terms of both FLY and AYR and you can clearly see FLY and AYR now have almost identical avg fleet age and remaining lease terms however, the only difference in the charts you see that graphs the data points for both companies is the Price to book ratio. Where AYR is slightly greater than 1x book, FLY is at ~0.7x book. That was his basis for his upgrade of FLY to buy. For those who use Merrill, I encourage you to look at the latest analyst report. The two charts that plots the lessors clearly show the relative undervalue of FLY.

  • With the business growing and profitable, announced share buyback and every country doing either QE or cutting interest rates, and did I mention oil is like 20-30% lower than last year (lower inventories and interest expense for ANW), there is no reason ANW should be down this year. With markets up over 10%, I just cant see any reason this is down like 10% this year.

  • They've been silent for a while and hopefully the year end tax loss selling is winding down. Could management give shareholders a Christmas gift and report financials showing metrics are all trending in the right direction and give FVE stock a boost into the new year? Even for employee morale you would think you dont want the stock ending towards lows for the year as the rest of Wall Street celebrates all time highs.

  • Reply to

    Nice upgrade....hope the just a beginning

    by whodontnothat Nov 14, 2014 11:45 AM
    buyacramer buyacramer Nov 14, 2014 12:10 PM Flag

    And this ML analyst was the most pessimistic of FLY and aircraft lessors in general, so good to see him go from sell to a buy. I still think FLY should be a takeout candidate. The Chinese and their soverign wealth fund are aggressively getting into the aircraft leasing business. They should really take a close look at FLY to accelerate their plans to get into the space. The price is definitely right. If not the Chinese, the bigger lessors should buy FLY as many of them are valued above book value now. So buy FLY at book, and immediately get above book valuation when FLY's assets move on to their portfolio. But until then, 8% dividend yield (that is safe) to wait it out.

  • Reply to

    what happens if Petrobras hits a wall?

    by buyacramer Nov 14, 2014 7:57 AM
    buyacramer buyacramer Nov 14, 2014 10:50 AM Flag

    Going forward, with risk of funds being siphoned off by Brazil's leaders, PBR is probably going to find it hard to get loans and issue debt. Who would buy PBR bonds given all the risk? Even if they are able to get takers, it would be at a really high interest rate. And with oil falling and interest rates spiking for PBR, it is highly probable of a slowdown in drilling.

  • Reply to

    what happens if Petrobras hits a wall?

    by buyacramer Nov 14, 2014 7:57 AM
    buyacramer buyacramer Nov 14, 2014 10:43 AM Flag

    They have issues with their financials and their auditors wont sign off on their financials because of the fraud taking place. Banks/debt holders are entitled to audited financials or there is a default, in which case, PBR can be forced to pay back loans. The mess at PBR could drastically reduce drilling as funding dries up so the question is can companies like PACD withstand another potential blow from further reduction in drilling?

  • So Robbin Hood raid of PBR by Dilma and Team?

  • Looks like Petrobras may default on its debt covenants as there is widespread corruption raiding the coffers of Petrobras. If Petrobras runs into liquidity issues, how will this impact the drilling sector?

  • Reply to

    Returning investor - question

    by met75 Nov 13, 2014 3:37 PM
    buyacramer buyacramer Nov 13, 2014 10:46 PM Flag

    Interesting point. But, I still don't fully understand this conflict. If BBAM really was just in it to maximize their mgmt fees, then wouldn't it make sense for them influence FLY to shut down the dividend (they've actually been increasing it) and simply get FLY to plow everything into growing the maximum fleet possible so they can charge even more?

    I guess you are saying BBAM charges unreasonably high mgmt fees on FLY, making FLY's profitability suffer compared to peers. If that is the issue, then the case for investor activism or takeover becomes even more compelling as not only do you get FLY at a discount to book, there are also tons of savings to be realized because FLY is way overpaying BBAM on mgmt fees.

  • Reply to

    Beats by .06

    by beefstu57 Nov 13, 2014 9:58 AM
    buyacramer buyacramer Nov 13, 2014 2:29 PM Flag

    Can we bring in Carl Icahn to unlock value here? He is all over high divdend yeilding Transocean, which is now running into serious trouble given oil prices are crashing. Why not focus attention on FLY, which like Transocean has a big dividend, but unlike Transocean, the airline industry is booming because oil is so low and the recovering world economy. FLY is the perfect candidate for Icahn, way undervalued, solid growing company, and the perfect size where he can actually buy enough shares to influence the decision outcomes of the firm.

  • Reply to

    Beats by .06

    by beefstu57 Nov 13, 2014 9:58 AM
    buyacramer buyacramer Nov 13, 2014 2:25 PM Flag

    I think they definitely should buy back, but it is a credibility issue for them if they go and do a buyback shortly after a secondary. When management did the secondary, many questioned whether it was even necessary. It crashed the stock and was very dilutive. If they turn around and buy back shares, it further goes to show they didnt need the money and further hurts their credibility. Cash wise, these guys are in great shape and it shows from the analysts' questions centered on use of excess cash (dividends or buybacks).

    I think the best solution for FLY to best realize shareholder value is to sell themselves to a bigger player. As was also alluded to on the CC, there are investors and JVs who want to get into this space. FLY is cheap (selling way less than book), has a great portfolio of planes, and there are a lot of beneficial synergies just given the lack of scale FLY currently has being the smallest publicly traded player in the market. But until then, wait and collect a nice 8% dividend that is very sustainable. Isnt the CEO like 70? It is getting close to selling the company and retiring.

  • Reply to

    Beats by .06

    by beefstu57 Nov 13, 2014 9:58 AM
    buyacramer buyacramer Nov 13, 2014 10:03 AM Flag

    #s were great, they have strong cashflow as an analyst alluded to. They are only paying out a small fraction of the cash flow in dividends. I think the market and analysts were really hoping they use excess cash to buyback shares as you could tell from the analysts' questions. They responded that they prefer to use the cash for growth initiatives, but I think the issue really is if they bought back shares now, it makes them look bad as they did a secondary last year. All in all though, no fundamental issues with the company, and growth remains strong going forward. It will be a matter of time when they use the excess cash to buyback shares if it gets too low. Maybe management wants extra shares on the market so that funds can buy more shares.

  • Growing fleet, big dividend, booming airline sector, low interest rates, all bode well for FLY. The stock is still down 20% this year despite the recent small run. If this can just get back to even for the year, I dont need it to be way up for the year like its peers, then Id be satisfied. No reason why FLY needs to be the only lessor way down for the year when the market is at all time highs.

2.73+0.11(+4.20%)Jan 23 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.