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Mercury General Corporation Message Board

dividendbill 288 posts  |  Last Activity: 9 hours ago Member since: May 26, 2013
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  • dividendbill by dividendbill Mar 6, 2014 9:27 AM Flag

    If the stock doesn't pay dividends, then you are buying a note and speculating that it will go up in value. There is no other way to state it, unless you are a day-trader, but you see that is also speculation.
    It all depends what you want from an investment. All of my dividend investments are currently above my CB.
    So while i await the time for me to CASH OUT, I will receive a monetary bonus for them to use my money.

    Have a Great day

  • We Never Forget Why We're Investing: Dividends!
    It's not just the extra cash in your pocket that makes dividend-paying stocks by far the best-performing stocks over history. It's the financial discipline.
    Since 1972, companies in the S&P 500 that initiated or grew dividends turned $10,000 into $354,500 through 2010.
    But the real surprise is how horribly bad the non-payers and dividend cutters have done. After 38 years, $10,000 in companies in the S&P 500 that paid no dividends had actually shrunk to $8,200.
    ***************
    Now while this is just an example, it is also prudent for the investor to pay attention to his/her investments. Failures to do that can and in most cases cause a loss in investment. While these are treated in most cases as long term, that does not mean you hold them forever and never review or even sell part or all of your investment. The world of investing changes and so should you. For those who like to pull out investments, and use them as an example of some stocks or stock that was help 2 or 3 years ago, is a foolish example to use unless that investor sustained a documented loss on that security. We have always used trailing stops on most investments, and stocks that have diminished in value were and have always been vacated before taking a loss on the investment. There is no profit or loss associated with a non-sale of an investment and that is recognized by all federal and state revenue agencies. The profit or loss is the result of a sale of that security. Smart investors who do not invest in short positions do not hold a stock that has decreased beyond 20% from its high. There are many who would discuss the effect of the wash rule, but that only occurs if the security was sold at a loss from original investment. This is very telling as those who bring it up in most cases have experienced such a loss, otherwise they do not care.

  • dividendbill by dividendbill Mar 6, 2014 9:36 PM Flag

    A expected with the SRDL stock when they pay the dividend the stock takes a hit, happens every time. But as usual the real issue is dividends. This should lighten that load
    Despite an increase of 3 cents in quarterly dividends, there have been doubts about the dividend stability of the company. The dividends of the company are under no threat. In fact, the shareholders should be very pleased by what the management has planned. We are unlikely to see much growth in dividends over the next twelve months due to the weak market, which should allow the company to preserve some cash as the cash flows will continue to increase. Further, 20% of the cash flows from the drop downs to SDLP will be kept in a fund for future dividends, and 80% of the proceeds will be used to reduce the debt. So, we should see a decline in the debt over the next twelve months as there will be more drop downs.
    Many thanks to some of the posters on SA who did the research and presented it in a way that maybe anyone can understand. Of course there are exceptions, and we know who they are.

    Spent the day with relatives at a reunion which will run thru Sunday.

  • Reply to

    Bill, the more I look at it

    by rolling_stone1211 Mar 4, 2014 9:44 AM
    dividendbill dividendbill Mar 4, 2014 9:58 AM Flag

    You are arigh on all counts. Looks like SRDL could be the start of something good.

    Whats with this TELK YOU words that's going on. From the looks of that one message someone made a big spell error.. Probably one of the Howard plantation members. LMAO

    BTW: New High
    Pfizer Inc.
    (NYSE:PFE)
    Seems like awhile back there was some comment about that, but it keeps on trucking!

    It also appears that the MLP pull back has to do with the weather more than the company except for KMP.
    The KMP issues are due to the Barron's article and the old message from about 3 month's ago that bashed the company which were proven to be wrong. My assessment and many others believe that this is an example of stock manipulation, I do not have the means to prove it but there are some that are investigating it.
    What did surprise me is that Barron's picked it up.
    I added some more on the pull back. it raised my CB but still a long way from where the stock is currently at.

    Have fun at the broker!

  • dividendbill dividendbill Mar 9, 2014 8:52 PM Flag

    Bill, sorry I did not respond sooner as I had some relatives stay until after lunch ad than they stayed and stayed and stayed. I was going to tell you that I have the 53 K from the dividends and the selling of one of my stocks that I will invest tomorrow. They pay a .65 dividend and have increased since the first of year by 7%.
    One of my subscription letters has been recommending it each week for the last 8 and so far they have been correct. Ever since they rec. it I have been doing the legwork and also the research and consider it to be worthwhile, so will move on it tomorrow after open. While the stock I sold has been OK, the growth has been lacking and has advance only 35 since the buy. I realize that the weather has slowed the production and they indicated that they had to shut down 5 wells for a period of time and was most likely the reason, but I will watch them and see if they advance over the next 6 months or so and get back in.
    I see from my messages I have a report of messages ignored....LMAO....Seems like I struck the nerve as expected. I will advise you on what I bought on our next phone call. No need to stir up the INTERLOPERS.
    Oops, there I go again using words they will not understand.....LMAO

    Have a great night.

  • Solid growth in distributable cash flows.
    Growth projects will add to the top line as well as cash flows.
    Growing cash distribution will make it attractive to a larger set of investors.

    ETP is also expecting to see processing and throughput volumes increase over the course of the current year as numerous projects start to pay-off. The natural gas exports are also speeding up, with companies getting approval to export NGL. ETP has also partnered with Lake Charles Exports, an entity owned by BG LNG Services, to export LNG in order to meet growing global demand. The export of natural gas liquids over long distances also offers a unique arbitrage opportunity to domestic players in the U.S., enabling the market players to secure larger revenue margins and utilize them to strengthen their asset base. These decisions will increase the profitability and growth in future cash distributions and make the partnership an extremely attractive investment.
    I believe ETP is one of the best positioned energy partnerships in the sector - the partnership has started to grow its cash distributions, which should attract more investors. In addition, the foundation for future growth in cash flows and distributions is in place in the shape of a good cushion in distributable cash flows. Furthermore, the future growth projects will add to the revenues and cash flows substantially over the next few years. In my opinion, ETP will see a considerable rise in the stock price over the next twelve months.

    This is based upon my opinion, but is shared by many other analysts. Before investing one should evaluate their own financial state and do their own DD. After all it is your money. The current rate for dividend pay is .92 per unit owned. I am currently at 27.3% return + dividends since it was purchased. Dividends are paid Quarterly

  • dividendbill by dividendbill Mar 4, 2014 1:50 PM Flag

    Memorial Production Partners LP
    (NASDAQ:MEMP)

  • dividendbill by dividendbill Mar 4, 2014 1:58 PM Flag

    The most recent earnings announcement by Seadrill (SDRL) caused a mini panic among its investors and some investors thought the predictions about the slowdown in the sector are becoming true. As a result, the stock lost some value; however, as the initial panic faded, the stock started to climb up again, and it is again close to the levels it traded on before the earnings release. So, did the market realize that the slowdown was temporary? I believe so.

    The market was eagerly awaiting the results due to the fear created by some analysts about the long-term prospects of the off-shore drilling market - as the management said that they were expecting a slowdown in the short term, the market assumed that all the fears about the sector were true and off-shore drillers are doomed. However, that was never the case.Despite an increase of 3 cents in quarterly dividends, there have been doubts about the dividend stability of the company. As I have said this before, the dividends of the company are under no threat. In fact, the shareholders should be very pleased by what the management has planned. We are unlikely to see much growth in dividends over the next twelve months due to the weak market, which should allow the company to preserve some cash as the cash flows will continue to increase. Further, 20% of the cash flows from the drop downs to SDLP will be kept in a fund for future dividends, and 80% of the proceeds will be used to reduce the debt. So, we should see a decline in the debt over the next twelve months as there will be more drop downs.

    Looks like the freaks of the board are again wrong. Looks like we called bottom or near bottom.

    Give me a call when you finish with Broker

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  • Regado Biosciences - NASDAQ
    Hoping for a fast track on a speculation drug.
    It would seem that unless you know where to look that many will miss out. Maybe it's because they have to rely on a non-discreet so called analyst who fails to conduct the DD necessary to pick stocks.
    He really has to know that Jim Cramer and his dart board are poor choices when it comes to making stock decisions. Their problem, but explains their loss when it comes to decisions involving monetary issues.

    Actually, this is nothing more than a firestorm fueled by their hatred of an opposing and successful investing strategy that has been proven to work! This is typical of the strategy that the Dimocrats use when trying to discover what is best for the American people. They will never learn because HATE gets in the way!

  • dividendbill by dividendbill Mar 5, 2014 12:20 PM Flag

    Wants to continue to hang in there in spite of the .98 cent share payout today.
    Not a problem for me.

  • In most cases but not all; only because there is no absolute to an investment cycle.
    Owners of stocks, however, too often let the capricious and often irrational behavior of their fellow owners cause them to behave irrationally as well. Because there is so much chatter about markets, the economy, interest rates, price behavior of stocks, etc., some investors believe it is important to listen to pundits - and, worse yet, important to consider acting upon their comments.
    Those people who can sit quietly for decades when they own stock or other investment such as real estate too often become frenetic when they are exposed to a stream of stock quotations and accompanying commentators delivering an implied message of "Don't just sit there, do something." For these investors, liquidity is transformed from the unqualified benefit it should be to a curse.
    A "flash crash" or some other extreme market fluctuation can't hurt an investor any more than an erratic and mouthy neighbor can hurt my Real Estate investment. Indeed, tumbling markets can be helpful to the true investor if he has cash available when prices get far out of line with values. A climate of fear is your friend when investing; a euphoric world is your enemy.
    You can see the many messages on a message board touting a stock or blaming a stock for their gain or loss. One must realize that the gain or loss of a stock does not happen until a sell happens. A stock that doubles is just that and no profit happens until it is sold and the profit or loss has to do what was paid plus expenses. No poster or messenger knows what that number is unless told. Anything less than that is just a wild guess based upon either a lie or misinformation for the purpose of supporting their position.
    Dividend investing; while not for everyone has been proven to allow more return to that individual stockholder than a non-dividend stock. All of my dividend stocks also have positive growth in excess of my cost basis.

  • dividendbill dividendbill Mar 5, 2014 9:59 AM Flag

    I guess I missed the ex day so I was surprised when I looks at portfolio and saw it up just a little and then went to the message board and saw your note. Good for us I believe, in reality it should be down at least .98, but whatever, we have no control anyway. Also was unaware of the no K-1 report from SDRL, nice info as I assumed just another MLP, and while it currently operates like one it is not. My CFP / Broker will not discuss the tax havens like Belize or others. He advised me to work on doing my own research if I was interested. He indicated that his firm does not want to be involved in an investigation that may occur should there be an issue. He indicated that there are many "advisers" or other people who can discuss the legality and all the reporting necessary to establish an account there. As far as secret accounts he indicated that that will open up a nightmare for the holder of the account. There however can be some advantages as long as you are upfront with the IRS.

    I also plan on having a great day!

  • dividendbill by dividendbill Mar 5, 2014 12:02 PM Flag

    Pfizer Inc.
    (NYSE:PFE)

  • I do not know if you heard the CC but this is the highlight:
    During the conference call, it was confirmed that the company is committed to return value to investors by maintaining its dividend rate high. In fact, it was also mentioned that the dividend payments would not be cut anytime soon and the next couple years should show flat to some growth, depending on how the company is able to grow its backlog as well as the market conditions at the time of decision. Since Seadrill's management is rather conservative, the company wants to maintain a large backlog as an insurance policy before increasing its dividends any further. In the next couple years, Seadrill's backlog size is not expected to change much, as the company will be fulfilling the older orders at roughly the same rate that it receives new orders. Moving forward, Seadrill will be saving up 20% of the net proceeds it receives from MLP drop-downs for future dividends. Of course, this extra money can come either in the shape of extra dividend payments or increase of existing dividend payments.

    The company reported fourth quarter EBITDA of $768 million, showing an increase of about 27% compared to the EBITDA for the same quarter last year. Net income for the quarter stood at $281 million, or $0.49 per share, a massive improvement on the net income of just $50 million reported at the end of the same quarter last year. Total revenue for the fourth quarter was $1.469 billion, compared to $1.280 billion reported at the end of the last quarter - the growth in revenues mainly came from West Tellus, West Auriga, West Vela, West Tucana and AOD entering service as well as a day rate increase on the West Gemini.

    Anyway my opinion would be to hold the 300 I bought. Maybe add to is if it were to drop another 5%, but market sentiment would dictate. The current .98 share dividend converts into already a plus on the return.

  • dividendbill by dividendbill Feb 26, 2014 11:33 AM Flag

    Memorial Production Partners LP
    (NASDAQ:MEMP

  • Jury awards Energy Transfer Partners $319M in pipeline dispute
    Mar 4 2014, 16:55 ET

    Energy Transfer Partners (ETP) is awarded $319M by a Texas jury that found Enterprise Products Partners (EPD) wrongfully dropped it from plans to construct a crude oil pipeline from Cushing, Okla. to the Gulf coast.
    EPD’s total liability could be as much as $595M if ETP pursues a disgorgement claim against it.
    Enbridge (ENB), which also was a defendant in the trial, was found not to have conspired with EPD.

    Great News

  • dividendbill by dividendbill Feb 26, 2014 11:32 AM Flag

    The information on taxes and Belize is something that you may be interested in and will save you a boatload on your tax burden..

  • dividendbill by dividendbill Feb 26, 2014 3:59 PM Flag

    Vanguard Natural Resources, LLC
    (NASDAQ:VNR

  • An interesting state of affairs when I see new ID's popping up everywhere, and the bad guys cannot help themselves in disguising what they represent. 3 fell into the ignored list yesterday and 2 were flagged for review. I wonder if the boys jumped on RSH as a short, seems like it would have been a half brain decision if that is what your game is. But probably not as the "SAM" analyst missed out. His focus as discovered in the past was to concentrate on the weak stocks hoping that stocks like BBY would not have the resurgence it did and make them look good. After all that is the little game they play. It would appear that there are others who are tired of their game as well and have made their emotions in message's known. Their business is to intimidate, and throw gas on the fire, nor realizing that they are being burned in the process.
    They will continue to pour on the gas hoping that others will take notice and join their fire brigade. From what my program is reporting it is totally those from the FAR LEFT that like Harry Reid and Nancy Pelosie are full of lies and other stories that hold no water. Their solution which I call the Howard solution is to pump out new ID's while claiming not me. One of the posters actually posted many of the ID's being used, and the comments about the bragging of using such ID's. This was a response to messages refuting multiple ID's. While I only saw 1/2 of the message trail, it was quite evident what was being discussed.
    Have a fine day, or a good day, I on the other hand will have a Great day!

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