Pegatron is a large supplier for Apple products and you would have to think that they are entering this agreement with Apple's approval. In any event, there is an Apple/ Pegatron connection.
Wise Chinese philosopher Sum Ting Up says that buyout might be in the cards.....stock went ex-dividend today and it is up over $2.......a moribund paper stock should go down on the ex date and now we are up.
You have to wonder sometimes if someone doesn't plant a story knowing there's going to be an earnings shortfall. Obviously down $4 is an overreaction but someone knew that the stock would be going down short term when the story was published.
The only business NFLX makes money on is the DVD rental business. Like it or not, but the streaming business still loses money and the DVD rental business saves the day. Unfortunately, the DVD business is slowly dying.
I called the IR office and the dividend is gone, omitted. In reading the earnings transcript, I thought they were just reducing the dividend but it is gone completely. I sold my shares yesterday as I just can't hold a stock where the company thinks they are smarter than the shareholders and are looking to obfuscate something like the elimination of a 4% dividend.
I really hate to tout other stocks on message boards but Safety SAFT is a great dividend play. Right now, they are going to benefit big time by the mild winter weather in the Northeast. They got killed last year but could go from a $2 first quarter loss to a $1 profit.
Another NE stock UTL Unitil got hurt by the mild weather but the stock didn't react until they actually reported their results. UTL is a NH utility and mild weather hurt natural gas sales.
To me, in the short term, Safety Insurance SAFT is a much better insurance play than Travelers. They are going to have blow out earnings due to the very mild NE weather plus they and their competitors pushed through major rate increases last year due to the severe 2015 winter. Worse case scenario, the stock does nothing and you collect a 5% dividend but I'm thinking the stock goes to $65 after they announce earnings.
Hey, we can use this board to talk about how great Travelers is or we can talk about some of their minor competitors who might be a better investment at the moment. Sure, I bought some Safety stock and am expecting a nice bump up in the price from earnings based on the weather. Like it or not, but the insurance business is really the weather business and Travelers got hurt by the weather last quarter. Safety not so much.
If Duke Energy drops today because of an earnings shortfall due to mild weather then it indicates that the wall street geniuses cannot fathom the weather really impacts industries like utilities, insurance and clothing. The analysts know what the weather has been but fail to predict the impact on earnings.
Safety is a small insurer in Mass that will have absolutely blowout earnings from the mild weather this winter. Its earnings should go from a $2,25 quarterly loss to a $2 quarterly profit. Safety could go from $55 to $65 very quickly/
Really, is there any better investment than a stock that has a 4% dividend and sells a product that is recession proof? If anything, our sales will improve as people switch out of Charmin and other high priced products. TIS is also a great aging infrastructure play as older plumbing systems can't handle the multi-layer papers.
BL Curley talked about the Energous bunny but why not have regular batteries get implanted with the Energous technology. Imagine having a flashlight battery that never has to be replaced or a tv remote that is always fresh?
I owned Hallmark for several years but it was always dead money. Safety is a solid company with a solid dividend and eventually someone will buy it out. Hallmark used to be a great company but they diversified themselves out of surplus lines and never recovered from the Florida debacle.
Rock With all due respect, do you really think the Travelers' CEO cares? You have to remarket your insurance coverages either every year or at least every other year. Companies will relentlessly raise your rate with or without speeding tickets. Companies preach loyalty but consumers who don't shop around end up getting screwed. Even USAA touts their retention rates while really hitting elderly drivers with steep rates.
This is a stock that has been beaten up big time by declining oil prices. You would think that a $40 million increase in loan loss reserves would be well received but somehow I think people trade simply on the headlines.
Story on the wires about people worried about the cell phone batteries running out. Frankly, I never have the problem but the story underscores the need for Watt's product.
Long term, wireless recharging combined with household products needing less juice will be a game changer. TVs will be hung up around the house like pictures and home security will be greatly enhanced.