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BB&T Corporation Message Board

dhrosier 1239 posts  |  Last Activity: Sep 22, 2014 1:06 PM Member since: Nov 28, 1997
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  • Reply to

    Laying off people again

    by tasteslikechicken5 Sep 12, 2014 1:49 PM
    dhrosier dhrosier Sep 22, 2014 1:06 PM Flag

    Some of the changes you mention are benevolent for the people. Morbidity and mortality experience among workers in the auto "paint rooms" and miners, especially underground coal, are very high. We need to find ways to provide job training and employment practices that improve job mobility.

    Sentiment: Buy

  • Reply to

    Incompetence

    by c6at1952 Jul 21, 2014 4:15 PM
    dhrosier dhrosier Sep 3, 2014 11:07 AM Flag

    Dividend every quarter, while it was cut hard many banks went to zero dividend.

    Sentiment: Strong Buy

  • Reply to

    Layoffs?

    by sugarfox98 Aug 22, 2014 10:51 AM
    dhrosier dhrosier Aug 25, 2014 5:59 PM Flag

    Paradigm shift in the processes that are applied to manage financial activity.

    14 years ago I moved EVERY thing to a financial services company that started life as an insurance company (I have carried their insurance since 1968) and has grown impressively in the breadth of services provided to members.

    I have never even seen the physical location of my bank.

    All transactions are now online with a rare reversion to snail mail - they are mailing a new window decal, and never any need for physical presence. Deposits I make from the chair in which I am writing this post, using the scanner next to my computer. There is a size limit for online deposits but I have never come near it. It was $10,000 but I think that has been increased to $20,000. Should I ever have such a large deposit it will be very easy to make, easier than going to a physical location of any bank - any UPS office will handle it for my bank.

    The bank is member owned, its business focus is to provide members with highly efficient, totally trust worthy services. Likely this places it in the forefront of seeking the most efficient means of filling member needs, but there is nothing magic about member ownership, every bank can do it although the margins will be smaller. I guess the banks which move first will end up with the largest customer base and those which delay will be playing catch-up.

    There will always be some individuals at both extremes, the poor and the rich, who need or demand personal banking. Many of the poor do not have bank accounts, something needs to be done to help them, the sharks are feeding on them. The rich already have personal banking and pay a pretty penny for it, but that penny is generally a small percentage of their total assets.

    The layoffs are alarming to the employees who will have to find other employment, and there will be some shakeout in the banking industry as they juggle for position, but the bottom line is that it will be better for us all.

    Sentiment: Buy

  • Not enough shorts to be a really great bear trap but it sure would be sweet!

    Sentiment: Strong Buy

  • Reply to

    Yipppeeee! Sold This Dog!

    by palinbigbazzoo Mar 27, 2014 9:29 AM
    dhrosier dhrosier Mar 27, 2014 11:49 AM Flag

    Duke Energy - what is your appraisal of the costs and liabilities from the coal ash spill?

  • Reply to

    What has the shareholders gained?

    by jim56442 Feb 12, 2014 2:04 PM
    dhrosier dhrosier Mar 26, 2014 12:33 PM Flag

    Neither defending nor offending played any purpose in my observation. The point is that bemoaning events in years past is a distraction for many people from giving sober consideration to the current status of relevant factors. There are too many incidences on the boards of many different stocks in which some gloomy observation was posted which proved to be the point in time the market value started a period of strong appreciation; of course the reverse has also happened many times. What set me off on the February 12 post is that it is one of a string of many posts over the past couple of years which iterate the same details, definitely facts of the past but of no particular relevance to the present.

    Sentiment: Buy

  • Reply to

    What has the shareholders gained?

    by jim56442 Feb 12, 2014 2:04 PM
    dhrosier dhrosier Mar 25, 2014 5:32 PM Flag

    $3.53 per share for those who bought (or did not sell) on February 12 (the date of your post) and held it until today. If they sold today they pocketed the $3.53, if they still hold the stock they might gain more, or less.

    Sentiment: Buy

  • dhrosier dhrosier Dec 16, 2013 10:45 AM Flag

    FASCINATING! This stock has a history of sharp moves at opening with almost equally sharp corrections, and that has been true with moves up and (less frequently) down.

    I guess that could be some market maker seeking to moderate price movement and avoid major disruptions.

    We now in the 3rd day of major spikes up among the past 4, with Friday the 13th appearing to my simple eyes to be a confirmation of a sort.

    If it is not a market maker it now would appear to be someone determined to sell into the teeth of a fire-breathing dragon in hopes of grabbing a few points and running for cover.

    For their sake I do hope they are not selling naked shorts, it could be disaster if their shorts catch fire.

    Sentiment: Strong Buy

  • The big run today would seem to be confirmation of the abrupt run up yesterday. Some sell activity kicked in around 2:45 yesterday and did slap the trend down to the end of the trading day but in the first 15 minutes of trading today gave that effort a huge dope slap and the market never looked back. It will be interesting to see if the profit taking in the last 10 minutes today continues tomorrow.

    No matter how credible Compass Point might be I cannot see they could make the market move like we have seen. It will be interesting to see the other shoe or 7 drop. Quite possibly CP divined some message from the tea leaves that led them to steal a march. JMHO, honest but not at all meant to imply expert.

    Sentiment: Strong Buy

  • Reply to

    Sell BBT Now !

    by pills4fags Aug 26, 2013 6:33 AM
    dhrosier dhrosier Sep 25, 2013 11:54 AM Flag

    You might want to look how the recommendation in that 8/26 post has worked out. Compare chart from 8/26 to today shows FBP down more than 11% but BBT down not quite 5% for that one month period.

    Sentiment: Strong Buy

  • Reply to

    Ready to cross over 50-day MA going up!

    by dump.obamie Sep 17, 2013 11:05 AM
    dhrosier dhrosier Sep 20, 2013 4:42 PM Flag

    On the plus side, the buy back will reduce the number of shares outstanding albeit a relatively small percentage. Given the same total earnings the EPS will rise which will provide a bit more cushion for the ratio Dividends / EPS. If they buy back Preferred that would increase the total earnings, a nudge in a similar direction.

    Sentiment: Strong Buy

  • Reply to

    Ready to cross over 50-day MA going up!

    by dump.obamie Sep 17, 2013 11:05 AM
    dhrosier dhrosier Sep 19, 2013 11:25 PM Flag

    Read the Motley Fool item completely and you will find pretty far down:

    "At present, BB&T's payout ratio comes in at 46% -- well above the 30% threshold."

    That is important because "In the second case, since the financial crisis, banks have been reluctant to increase their dividend payouts if their payout ratio already exceeds 30%. According to the Federal Reserve, "Plans with dividend payouts greater than 30 percent of net income ... [receive] particularly close scrutiny."

    "In the first case, given King's assessment of an overall "sluggish" economic environment, there are few places inside the operation to put the cash to work that would produce satisfactory returns on investment. And on top of this, there's nothing "imminent out there" on the mergers and acquisition front."

    Sentiment: Strong Buy

  • Reply to

    Earnings

    by scarbrobill Jul 18, 2013 9:52 AM
    dhrosier dhrosier Jul 18, 2013 2:02 PM Flag

    NOT the analysts who are trading. Intraday trading charts are often very curious often enough to pique my interest. Sometimes BBT opens with a spike followed by a sharp correction then a counter correction and generally a good to strong trend for the rest of the day.

    Another phenom is that a strong start is followed by a correction that shaves the initial surge but does not take away all of the pop BUT then the price line is flat with vibrations close to, but rarely touching above, a certain amount. The chart appearance brings to mind the old flattop haircuts like the Fonz wore, and a few of my friends in the late 50s. They looked like someone had sell orders sitting on the price at that level like a flatiron.

    Sometimes there is a combination of the 2, day opened with almost a 2% drop by the 6th minute of trading and then a strong correction that burst through to a 2.57% surge (from 34.20 low to the 35.08 high (so far)) during the ensuing 38 minutes of trading. At that point a flatiron was being applied which mashed the chart back down to 35.04± which seems to have been a "cap" on trading prices created by the sell orders. There was a short stab at dropping the price which vaporized and trend appears good up till the time I am writing this speculative bit of prose.

    Although we do not see a spike at the start of the day, could the initial sell orders be playing on anticipation of market reactions to the earnings (buy the rumor, sell the fact) which ploy was quickly discredited by a very strong report?

    All of this on the platform of strong volume for the day, so far - 3,384,382 at 1:49PM v. 3,843,630 daily average shown on the chart today.

    As should be obvious to any TA I am NOT a TA but simply a curious spectator / investor whose curiosity is strongly piqued by the BBT charts I have seen over the past 4 years or so.

    My hope is that I am able to share my pique with someone who has the TA resources to pull together a cogent analysis and share it with us.

    Sentiment: Strong Buy

  • Reply to

    Next Dividend

    by rwmgn9754 Jul 15, 2013 5:18 PM
    dhrosier dhrosier Jul 16, 2013 3:48 PM Flag

    BB&T Corporation (BBT) will report its second-quarter 2013 earnings on July 18, 2013, prior to market opening per Yahoo news item 6/3/2013.

    Sentiment: Strong Buy

  • Reply to

    Stock Price

    by greengrassjack Jun 7, 2013 11:23 AM
    dhrosier dhrosier Jul 9, 2013 3:02 PM Flag

    $35 flat lines yesterday and again today. Has to be someone with a sell order (obviously) large enough to prevent any upward movement with staying power - for the moment.

    Question is who? Would a market maker be putting a temporary cap to avoid distortions from irrational exuberance?

    Sentiment: Strong Buy

  • Reply to

    BB&T Changing Things Up

    by bbt_up_and_down May 9, 2013 9:27 PM
    dhrosier dhrosier May 11, 2013 11:32 PM Flag

    Military ever? USAA is full service everything financial for real people. Beyond financial, they provide members with many consumer services. Full disclosure - I have been a member 45 years now. My experience is they are family where I have encountered some very rude and pushy treatment from other big banks, for example when I wanted a VISA isolated from USAA for very limited internet activity.

  • The bars show much too strong a pattern of steady volume at periodic buy points to be coincidental buys by more than one entity. That with a gradual rise in volume at those points throughout the day makes me believe someone is running a buy program; more than 70 such bars most between 200,000 and 300,000 shares. What casts doubt is that 70+ trades over 200,000 shares would be total volume over 14 million but Yahoo chart states 3,751,292 at this moment. I am NOT a chartist so I will be very happy to read the thoughts of anyone who thinks they have a handle on this one.

    Sentiment: Strong Buy

  • Reply to

    Latest Dividend

    by blackbeered May 1, 2013 10:43 AM
    dhrosier dhrosier May 1, 2013 4:22 PM Flag

    You misunderstood it. The 20 cents ex dividend on 1/2/2013 and paid 2/1/2013 was for the 3rd quarter 2012. The 23 cents ex dividend on 2/2/2013 and paid 3/1/2013 was for the 4th quarter 2012, 2 months earlier than all of the prior dividends. The dividend that will be paid on 6/3/2013 continues the new schedule which is 2 months EARLIER than previously in effect which would have had it payable August 1 and not June 1. However you calculated the 15% to be actually 7% I think all on this thread will be interested to see the result of your re-calculation to recalibrate for August to June where May to June was an error.

    Sentiment: Strong Buy

  • Reply to

    Dividend Announcement

    by marifry Jan 22, 2013 5:10 PM
    dhrosier dhrosier Mar 25, 2013 12:34 PM Flag

    1/1/2013 and 2/5/2013 were both ex dividend dates! The change in the dividend date was to make dividend payments 2 months earlier than the previous procedure. The 2/5/2013 ex dividend date for the 4th quarter 2012 would have been early April had the change not been made. Perhaps you forgot about the 1/1/2013 ex dividend date which was the dividend announced for the 3rd quarter 2012.

    Sentiment: Strong Buy

  • Reply to

    Dividend Announcement

    by marifry Jan 22, 2013 5:10 PM
    dhrosier dhrosier Jan 22, 2013 5:58 PM Flag

    Re-read the press release. Prior dividends were paid on or around the first of the 2nd month following the end of the quarter in which it was declared. The 3 cents recently declared is a 15% increase to 23 cents which apparently will be paid April 1st, where it would be May 1st under the previous process - note our 20 cent dividend payment declared in October 2012 will be paid on or around February 1st. Brief search found that WFC dividend increase is 14%, based on a 3 cent increase to 25 cents. The STI 400% increase is worth noting - that is a 4 cents a quarter increase from 1 cent to 5 cents. Had it been zero before I guess they could claim an infinite increase.

    Sentiment: Strong Buy

BBT
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