Just read received the hard copy of the second quarter 6/30/15, Peewee report(infinitidrivel) per Whitebear. If you are shorting this stock based upon a bankruptcy assumption, you're whistling Dixie. Ain't going to happen. I didn't think so anyway but now after perusing the details, I know this company is solvent.
This Accounting MBA is LONG 67,000 shares.
1) has cash flow in the $1 range;
2)There is an coordinated attempt to damage its reputation because these folks ultimately want to execute a takeover. Why? See reason #1;
3) The naysayers (which likely include some banks, rating agencies and their buddies), want to unduly dramatize a $.03/share error, which has been disclosed. It is one huge soap opera;
4) The naysayers are trying to #$%$ investors into the huge liabilities the company will owe the class action lawyers. Lawyers should get nothing over a $.03/share error, which was largely irrelevant to overall earnings;
5) Ruffrano wants desperately to earn investment grade credit rating without realizing he is dealing with crooks;
6)Ruffrano plays into the hands of these crooks by keeping a zero to nil dividend. The naysayers cry wolf stating ARCP can't afford a dividend;
7)The retail investor, hoping for a dividend ultimately gives up; the shares go down and the sucker takeover begins.
Ruffrano can solve part of this by declaring a dividend relatively soon that is proportionate to affo similar to other triple net reits. It can afford to do so based upon reliable cash flow, quality properties with high rates of occupancy. Retail investors will then chime in by buying shares and positive developments for this stock begin.
The question: is Ruffrano an ally or dupe or part of the problem.
ARCP generates cash flow per share relative to share price double the average.
Why wouldn't a stock with nearly 10% dividend, stable toward rising cash flows with ample affo coverage of about 40% above the dividend(far better than most reits) be liked by Morgan Stanley? The financial community doesn't want people thinking they can get a nice income for a $8 trade. With that, why would you need them? And Just because they read "Portnoy's Complaint" they think all Portnoys are bad.
The RMR is often cited for its organizational "conflict of interest", whatever that means. I define conflict of interest when the management of a company wants to keep most of the cash and pays little or no dividend.
Sentiment: Strong Buy
Eliminated dividend, sold, dismantled the company assets, reimbursed itself for takeover expenses. Investors still believe there will be some cash somewhere. And they want to do the same with other solid reit dividend payers.
Sentiment: Strong Sell
And SIR has some compelling lease numbers as to its long term reliability. I'm not one of those Portnoy Complaints.
says more about them than the ones they attempt to insult. In fact, they know very little if anything about the person or the actual merits of an investment. Instead, most of them are derivative traders who somehow mistakenly believe flooding these forums with negative vitriol influences markets. Read carefully based upon he merits of thoughts and ideas about the investment itself. Those who use hyperbole usually have little to say.
It is really very simple. Look at the income statement, revenues, less operating, G&A and interest. The leftover is cash flow that covers the 11% dividend. But hey listen to the insults to the Portnoys. You are just Dumb!
very low, the earnings power of the company near zilch, it will be interesting to see where this stock goes. The Corvex cronies and crooks are keeping this baby propped up.
Sentiment: Strong Sell
All of the bears need to go out and take a mortgage on your house and take the short bet by all means. Bear, you have been pretty smart up to now. I'm stubbornly long.
PWE has negotiated relaxation of covenants. Is there something else in your message, I don't know?
Articles I've read put the number of propane vehicles at 150,000. Propane is the third highest used vehicle fuel in the world and trumps natural gas in many cases because it doesn't have to be chilled to subzero temperatures to liquefy and is more vehicle friendly. One would have to be in a cave to not follow the trends in vehicle fleets, especially school buses, taxis and police cars.
Dividend of 10% is well covered by cash flow. All companies spend money but somehow if its Sir, its not OK. To each his own.