Gross needs junk rates to go higher so that he can additional orginations that will help rebuild
NOI. He wants to do a large(for SLRC & SUNS) uni-traunche deal to gain better rates and
employ capital fast....but he needs rates to back up before he places his big bet.....
Today's rate levels, as compared to 2011, is a change, when Gross opened for business
with SLRC. Now he is caught increasing his portfolio quality during a period of falling
rates. Thus the hit to NII for all of us shareholders.
When the markets initially really believes that rates are going higher......BDC, SLRC and
SLRC BV will all go down relatively meaningfully. This occurred in May 2013 & will happen
I agree that BDC & its shareholders would want 3 % forever.........
You ask me my avg cost ..........I think about the PACD price at
Thanksgiving 2015, when the deals for the Meltem, Mistral and
Zonda are all known.....
I guess this is the big difference between a guy who has been in
the stock market since 1973 & you.
Due diligence, blood, guts & capital makes long term profits
about $ 8.75 and still have capital to add prior to the upcoming CC .......
Another good day for PACD on a day when the off-shore drillers
are doing OK from a sector standpoint.....
IMO, the next big piece of news on PACD is the details on the
maiden contract for the P Meltem. This will be the next "pop,"
up or down, for PACD shareholders. I am still confident although
the market appears concerned. I bought additional PACD last
From a purely income generation standpoint, those who own the
the PACD stock will realize approx 15 to 20 cents per share in the
first quarter of 2015..... about 68 cents for the entire year.
My average PACD cost, for my entire position, is now around
$ 8.75. Lots of income for a retired guy & with the receipt of
positive news, I expect much more capital gains than income.
What type of options set-up have you employed with your PACD
major US indices are weak in the morning....so risk-off environment
Therefore investors are buying "safe" food brands....like our BG Foods stock
same action as much of the early part of last week.........
Just wondering what is more appealing to you about PF as compared to BGS...?
Near term BGS is 3 % higher and today approx 1 % higher than PF. I know these
are very near term data......
To me when comparing PF to BGS, its comes down to "are $ 100 million brand
acquisitions by BGS more EBITA accretive than $ 400 million brand deal for PF" ?
At this time, with low interest rates, I think BGS small brand deals bring a larger
% of free cash flow to the firm.
I am not in PF now but feel its a good firm, but I guess my actions say to me
I don't think its better than BGS, long term.......but I am open to your perspectives
regarding PF superiority.
All recent purchases in the mid $ 20s are being "immediately" rewarded by the market....!
Its easy to be a "smart investor" when your stock goes nicely higher, quickly.
Plus the annual $ 2.15 dividend income per share.....I wish I was this "smart" all of the time,
but many times I am not......best to be humble & thankful.
go TOO .....!
I have noticed that POST, probably one of the most aggressive food brand acquirer
over the past few years also named a new CEO......the figurehead CEO named his
CFO as the new CEO, much like BGS did last week.
If Stirlitz(sp) at POST feels that his CFO is the best man to carry on his "growth
through acquisition" strategy, much like Wenner and BGS, then hopefully the selection
of Mr Cantwell as our new CEO is a selection with similarities at another well known
grocery brand acquirer....
Although both BGS & POST have seen their stocks falter this year & both are
currently "fully levered" I hope this dual elevation of CFOs to the CEO spot at food
brand acquirers is a positive sign for both firms.
As we all know, interest rates are again at very low levels. Time for a brand
purchase by Wenner on his exit from the day to day operations of BG Foods....??
I think I agree with your assessment .... investors are seemingly reverting back to their "buy the dips"
I feel it will be telling during the last 60 minutes of trading if final buy orders come into the market,
ahead of the weekend
Today I bought off-shore drillers, energy service firms, integrated industrials, but not BGS, for I will
wait to see what the Q3 results do for the BGS stock price.
Again more incoherent babble from a person whose only human "friends" are the one's he annoys on
public investor websites.......sad state of existence for him & us
Its a huge "risk on" day for the market .......and over the past several sessions the food brands have
been the 'risk -off" trade that investors used to find cover .......
Now on a major day for the risk-on trade to emerge......and exit the safe haven names, you are wasting
our time again with your goofy rants......your mom probably doesn't let you out of her basement anymore,
so your only human contact is to annoy us with your tired & childish computer messages..
What is your opinion on the upcoming BEAV earnings report...?
I think it should be pretty good.
Hope all is well with you......I have been "fightin' in out" over in the
off-shore drilling sector the last few weeks......bloodied but I still
think I will do fine in the long run with my recent buys as those knives
Let's talk here once BEAV earnings come out
at 9:30 PM Thurs
Crude appears to be holding its gains from earlier today and overall US stock futures signal green.....
anything still can happen when Europe opens overnight......but if the US dollar treads water & crude
does not sink tomorrow, it will be interesting to see if PACD and the rest of the off-shore drilling firms
can trade in the green, as a sector on Friday, going into the weekend.......
we will start to see in 12 hours
All one has to trust as an investor in SLB is that the new CEO continues to
deliver the results as he has in the past few years.......SLB is in great position
to make money for shareholders as long as this young CEO keep to his existing
With today's results and what appears to be an initial rebound in crude futures,
maybe SLB does not see the "low 80s" but rather goes higher based upon
earnings and margins expansion in the quarters to come.
EPS of $ 1.49 beats and revenues of $ 12.65 billion meets estimates
SLB delivered the results expected and stated that business was good, especially in the US
and Latin American markets
These results will help take some of the uncertainty out of SLB & should provide a reason for
the stock to move higher, if crude stabilizes..........if crude moves lower then its a good reason
to add to existing SLB positions at lower stock prices.
Heck, if the company is strong & executing well, why would an investor sell if the stock gaps down
lower due to "the despicable hedge fund criminals"
Sounds like you are looking for a scapegoat for your own poor stock investing performance, IMO
If you don't like the rules.....don't play the game.......and stop whining..!!!