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American Capital, Ltd. Message Board

buyandwin 116 posts  |  Last Activity: 4 hours ago Member since: Jul 30, 2000
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  • Reply to

    4945 42007

    by sandy.criscione 5 hours ago
    buyandwin buyandwin 4 hours ago Flag

    Sandy: Further translation We lost $4 dividends for 8 years---$32 in total and got nothing back because the SP today is $15. WE LOST $32 in dividends and $34.45 share price lost value. That totals $66.45 for each share we owned. Now we have A PLAN TO RESTRUCTURE. But wait it will take a while and it might not work out. So lets give gifts to our top notch management who is working so hard on our behalf. How about $7 M worth of free options? Thats a nice round number and thats what Malon lost when he had a margin call a few years ago and stuck us for the money because we loaned it to him. But wait you already gave him a $7M grant a few years ago to make up for his loss.. Give him another $7M. Way to go Board of Directors-Way to go Malon.

    Take some more. You won. The shareholders really don't care anymore

    b&w

  • Reply to

    Buybacks

    by buyandwin Mar 25, 2015 3:00 PM
    buyandwin buyandwin 12 hours ago Flag

    Toby... If you voted "No" they probably will not call you to vote next year

    b&w

  • Reply to

    Buybacks

    by buyandwin Mar 25, 2015 3:00 PM
    buyandwin buyandwin 12 hours ago Flag

    NMB...If they buy back $7M worth of stock it might keep them from giving Malon another $7 M option grant.

    Right now they are paying management an incentive to work. Then in the conference calls they tell us how hard they are working. Meanwhile after paying them an incentive we are paying them a salary for working. Then if and when they do something right we give then another set of options for doing what we already paid them twice to do. So actually we are paying them THREE TIMES TO DO THE SAME JOB. Before-during and after.

    Thats bad enough but the worst part of the problem is if something doesn't work out right and the SP drops making the options drop to ZERO VALUE. They just reprice the options to a lower price as another bonus for the crumby job they are doing. And all they give us is promises. They should give us the options and they should get the promises. And if they don't like it they should go on unemployment. The government should be glad to pay them for doing nothing for a while. After all we have been paying them for years to do nothing.

    b&w

  • Reply to

    Price Action

    by the_stakeholder 13 hours ago
    buyandwin buyandwin 13 hours ago Flag

    HASI trading X-Div today $0.26 quarterly payout.

    b&w

  • Reply to

    When is ex-div date?

    by cvackerson 16 hours ago
    buyandwin buyandwin 15 hours ago Flag

    Tomorrow

    b&w

  • These are called Tontines--Last shareholder standing gets it all.
    I wrote about the last man standing buy back plan a few years ago. Two examples currently doing this for many years are L (Loews) and TPL (Texas Pacific Land Trust)
    Loews has been buying back shares for about 50 to 60 years When shares get fewer the price rises and they split the shares. They have been buying back about 25% of the shares every 10 years all this time.

    TPL was set up as a Liquidating Trust back in the 1880's to sell their About 5M acres of land and buy back the shares. I believe they have a little under 1 M acres currently and they also split the stock when the price rises due to fewer shares. Recently they found oil and gas under the land after a 5 for 1 split the shares exploded to about $250. Now when oil collapsed the price dropped to about $100 and now has recovered to about $150.
    Plenty of opportunity to make a lot of money if you know when to jump on and off the train.

    good luck
    b&w

  • Reply to

    Buybacks

    by buyandwin Mar 25, 2015 3:00 PM
    buyandwin buyandwin Mar 25, 2015 3:48 PM Flag

    NMB: Assuming you are right and I'm wrong--- I doubt if it was conservative to give Malon the $7M option grant at this time. This is at least the second time ACAS gave him a $7M bonus to make up for the $7 M margin call he had during the market meltdown. This was in addition to other options issued to him in the normal course of business. One of the reasons given for stopping the buyback was the share count was dropping to a level that would leave too many outstanding options and not enough shares. IMHO it would be more prudent to
    complete the spin-offs like they said and then issue options after the fact that they have accomplished what they said they would.

    b&w

  • buyandwin by buyandwin Mar 25, 2015 3:00 PM Flag

    I guess all the reasons that management gave last year when they stopped the buybacks were really a bunch of lies. It appears that management has been manipulating the share price and now it looks like every reason they gave at the time for stopping the buyback has been a blatant lie. Malon just got his $7 M option grant and got himself bailed out again. Now the time is to raise the SP. Way to go Malon, we love you.

    b&w

  • Reply to

    DNP Is Being Considered A Safe Haven

    by buyandwin Mar 10, 2015 6:25 PM
    buyandwin buyandwin Mar 24, 2015 5:37 PM Flag

    NAV dropped $0.09 (to $9.76) today while the SP rose $0.05 to$10.53 . The premium is now 7.89% up from 6.40% yesterday/. The premium has been as high as over 40% during the market meltdown a few years ago.

    DNP appears to be a "Safe Haven" stock for its investors due to their 28+ years of uninterrupted steady dividend payments month after month after month for all those 28 years.

    good luck
    b&w

  • Reply to

    DNP Is Being Considered A Safe Haven

    by buyandwin Mar 10, 2015 6:25 PM
    buyandwin buyandwin Mar 24, 2015 4:19 PM Flag

    "Flight to safety " buying again today DOW down over 100 Points and DNP trades up $0.05 to provide some stability I would assume DNP's NAV dropped with the market increasing the premium to the share price. We will have to wait until about 6:00PM for when they announce the NAV. Fear is mounting and people want safer investment to ride through the storm.

    b&w

  • Reply to

    Entry Price

    by redshirtsophomore Mar 20, 2015 11:56 AM
    buyandwin buyandwin Mar 24, 2015 7:59 AM Flag

    Well said., The secret to wealth here is the dripping of dividends every month into additional shares at the 5% per cent discount.. If one was fortunate to have bought 100 shares at the IPO in January 1987 at $10.00 and only reinvesting the monthly dividends all these years without ever buying another share you would have about 1160 shares today at $10.48 worth about $12156.80 If any kind of additional money had been added on any regular basis the DNP position could be worth in the High 6 figures or possibly even 7 figures or more depending on how serious you are.

    b&w

  • Reply to

    Who Is The Better Buy Currently? AAPL or HASI?

    by buyandwin Mar 20, 2015 9:26 AM
    buyandwin buyandwin Mar 23, 2015 12:02 PM Flag

    Stake: Other people like it also. It might not come back to your $17.10. Maybe it will. We don't know. I do know that if it doesn't and keeps running up to $30 or $40 in the next couple of years you might not be happy for being stubborn.

    good luck
    b&w

  • Reply to

    Who Is The Better Buy Currently? AAPL or HASI?

    by buyandwin Mar 20, 2015 9:26 AM
    buyandwin buyandwin Mar 23, 2015 11:57 AM Flag

    IMHO--The main problem now with AAPL is The problem of large numbers--Trees don't grow and reach the sky Even the giant RedWoods in California. Owning AAPL from a few years ago means you have a major tax obligation embedded in the current share price if one chooses to sell. Dividend income is not high to attract new investors to push the price up from here.
    HASI management has guided to a 15%-20% growth for the next two rears 20% per year would bring the HASI price up to about $26 and the HASI MARKET CAP up to $750M . With plenty of room to keep growing from even those levels.

    With AAPL we have a different story 20% growth for the next 2 years gives you a $182 share price and a $1.062 Trillion Market cap. Where will AAPL keep finding more and more customers with thousands and thousands of disposable cash willing to buy their products Somewhere all the way they will be reaching a point where the remaining potential buyers will find a need for food-shelter and other necessities. Also AAPL's competitors will not be sitting on their hands. AAPL will have a big red target painted on their back and everyone will be shooting at them

    IMHO HASI is in the better phase of their growth cycle for the individual investor to make his pile of money going forward from here.HASI today is where AAPL was 5 or 10 years ago from an opportunity standpoint.

    b&w

  • buyandwin buyandwin Mar 22, 2015 9:08 PM Flag

    I doubt it. They don't give bargains. Not to shareholders anyway.

    b&w

  • buyandwin buyandwin Mar 22, 2015 2:41 PM Flag

    Here's another thing we missed--458860 shares grated at ZERO price means ACAS just gave away $6,855,368.40 of our money at Friday's closing price. With those large grants why do we even pay them a weekly salary?

    b&w

  • buyandwin buyandwin Mar 22, 2015 9:03 AM Flag

    It's listed March 16, 2015 as a GRANT @ ZERO COST Transaction took place on March 12, 2015 It says nothing about Taxes paid.

    b&w

  • Reply to

    Entry Price

    by redshirtsophomore Mar 20, 2015 11:56 AM
    buyandwin buyandwin Mar 21, 2015 6:10 PM Flag

    History has shown that in their 28+ year history they have always paid their dividend every month without fail and the price usually varies between $9 and $11.. So it probably doesent make much difference. You are buying regular steady income so buying and adding from time to time should be a good experience..
    b&w

  • Reply to

    Who Is The Better Buy Currently? AAPL or HASI?

    by buyandwin Mar 20, 2015 9:26 AM
    buyandwin buyandwin Mar 21, 2015 4:56 PM Flag

    LED:
    I didn't say anyone should sell current AAPL shares they hold. I was talking about AAPL at the price they were on Thursday morning when they were added to the DOW Their starting price was $128,47 after Wednesday close and HASI was $18.03 Wednesday night also.. For the same $128.47 one could have bought 7.12535 shares of HASI I believe HASI is the BETTER OPTION GOING FORWARD from here for new money. The law of large number works against large cap securities and favors small caps. I think HASI will double and/or triple their current value faster than AAPL will. For AAPL to double from here they have to sell more and more to less and less remaining people and they do not have the money to buy them. They don't have the money to buy food or shelter or medicine or any other 'necessity"

    IMHO adding AAPL to the DOW is like ringing the bell that AAPL has reached the top. The serious money has been made in AAPL up to now. For AAPL to double or triple from here they will have to find customers with money to buy in the Gobi desert, the African jungles and on Mars and currently they don't exist.
    AAPL investors have won the game. They are now bigger than the rest of the world so how can they win the next game?

    b&w

  • Reply to

    Who Is The Better Buy Currently? AAPL or HASI?

    by buyandwin Mar 20, 2015 9:26 AM
    buyandwin buyandwin Mar 20, 2015 12:31 PM Flag

    The only problem I see with what you said is-- Where is AAPL going with a $742 B market cap? A Double is $1.5 Trillion A Triple is $2.25 Trillion. And how does AAPL reach those numbers?
    It is more probable that if HASI knows what they are doing with their 30 years experience they can reach $1 B or $1.5B a lot easier.

    My thinking (Right or wrong) is where can I make the most money ---Buying 1 share of AAPL or 7.12535 shares of HASI ?

    b&w

  • Just some thoughts after yesterday's market action

    Yesterday with much excitment in the media AAPL was added to the DOW replacing HASI. At yesterdays AAPL opening price of $128.47 verses HASI opening price of $18.03 an investor could have bought 7.12535 shares of HASI for the same price of 1 share of AAPL. Buying 7.12535 shares of HASI would give an investor $7.41 annual income verses $1.88 for AAPL. So HASI beats AAPL on income. The quiestion is can little numbers $500M Market Cap grow faster and be more meaninful to us, the small investor than AAPL with its $742B Market Cap.

    I favor HASI as the better buy currently for current income-growth of future income and growth of capital.

    b&w

ACAS
15.00-0.25(-1.64%)Mar 26 4:00 PMEDT