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Key Energy Services Inc. Message Board

eagledragon1 8 posts  |  Last Activity: Aug 10, 2015 11:05 AM Member since: Feb 8, 2008
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  • 15.6% yield at 6.91?? I'm buying(adding). From what I've seen so far this company has been able to weather tougher conditions better than a vast majority of their rivals. How many other reits do you know of that had UTI going into these last 2 quarters? Even coming up short on earnings the last 2 quarters, they still have UTI to give if necessary.

    Sentiment: Strong Buy

  • Reply to

    When it rains, it pours

    by eagledragon1 Aug 5, 2015 6:48 PM
    eagledragon1 eagledragon1 Aug 5, 2015 7:04 PM Flag

    May well be. But I expect all their competition will now come out of the woodwork and totally pollute this site. It sure doesn't help confidence in the stock...

  • eagledragon1 by eagledragon1 Aug 5, 2015 6:48 PM Flag


    Levi & Korsinsky is commencing an investigation of Resource Capital Corp. (RSO) and certain of its officers and/or directors concerning possible violations of federal securities laws. On August 5, 2015, Resource Capital announced a net loss of $0.24 per share during the quarter ended June 30, 2015 caused by a charge of more than $41 million stemming from the impairment of a loan made to a luxury hotel in Puerto Rico. As a result of this news, Resource Capital’s stock price plunged approximately 12% from its August 4, 2015 closing price of $3.48 to close at $3.05 per share on August 5, 2015.

    Is management so incompetent it merits legal investigation?

  • Reply to

    Earnings 2Q up .02 from .14 to .16

    by wbinckes Aug 5, 2015 4:31 PM
    eagledragon1 eagledragon1 Aug 5, 2015 4:36 PM Flag

    Yep, good report and good outlook. .01 beat. Raised expected annual revenue and more. We should see 11 before too long.

  • Reply to


    by neobliviscar Aug 4, 2015 4:49 PM
    eagledragon1 eagledragon1 Aug 4, 2015 10:17 PM Flag

    Don't forget they still had a chunk of UTI, so saying this miss doesn't affect their present dividend policy is very correct. No biggie yet. Lousy quarter for all the REITs. Next quarter needs to show improvement which I personally think it will.

  • Reply to

    Do I understand correctly ....

    by ray858945 Aug 4, 2015 8:27 PM
    eagledragon1 eagledragon1 Aug 4, 2015 9:47 PM Flag

    Ray, I'm sorry, but their accounting is the biggest smoke and mirror display going. At least last quarter they admitted how much of the dividend was actually (not)covered. They left that admittance out in this report.

    I can't prove it, but I'm pretty sure I'm right. I guess the 1099 will reveal the truth.

  • Reply to

    Do I understand correctly ....

    by ray858945 Aug 4, 2015 8:27 PM
    eagledragon1 eagledragon1 Aug 4, 2015 9:09 PM Flag

    I hope everyone realizes your last dividend will ALL be ROC. I'm sorry, but I wouldn't touch this thing with a 20 foot pole after this report. GL, I hope you all get to keep your skins.

  • Reply to

    Bought more

    by trumpace Jul 24, 2015 12:07 PM
    eagledragon1 eagledragon1 Jul 24, 2015 3:39 PM Flag

    There may be a bit of contagion going on presently through the sector. A couple of the mREITS just reported (HTS, CYS) and they had more substantial comprehensive losses. Their book values both took a pretty good dive again. GRANTED they are mREITs and of different fundamental breed than RSO, but just being a member of the sector is all it takes to get caught up in the bath water.

    Since MBS pricing has been on the decline, I'm anticipating another drop in asset value here of approximately 5 - 10%. Earnings I have not a clue on at this point. I'm still watching, not buying, until I see real improvement in black and white.

0.70+0.06(+8.57%)Oct 6 4:05 PMEDT