I think Yahoo uses the last four quarterly distributions. Not 4 times the latest distribution...which is projecting a yield forward not using the actual ttm returns.
Ballard has a high probability of a short term pullback soon. After rising 170% in a month there are a lot of day traders who may be willing to take their profits and run at the least sign of tapering interest in the stock...
I have always felt that solar would be the biggest segment of new alternate energy production given enough time. Wind surged early on as the cost of wind machines, and the rebates, made wind power them marginally profitable. But the economics are swinging towards the PV solar panel being the least obtrusive, lowest maintenance and easiest substitute for non-fossil fuel energy.
The grid, and lack of excess energy storage options, are still the engineering obstacles for widespread adoption, however, it is a matter of time before solutions will be in place.
Solar, as opposed to wind, is at least fairly predictable and fairly reliable. As the sunlight increases the power output increase is fairly linear. Wind power's output is exponential with a linear increase in wind speed...which is more problematic.
I still like the option of compressed air as storage. It will take varying power increases when excess energy is available and can provide instantaneous output changes to power demand. You don't have to use high temperature operations, rely on 'spinning reserve', produce pollutants and maintenance costs are about as low as you can get. The round trip efficiency is about the same as pumped storage...good...but the infrastructure requirements are much, much less.
It is getting quite amusing watching the articles on SDRL lately...
Sell SDRL! No, buy SDRL!
The dividend is safe. The dividend is unsafe.
Oil consumption is slowing. No, oil consumption is rising.
Newer, more expensive rigs are better. No, older cheaper rigs are better.
There are too many rigs in place, No, there are too few rigs in place.
It's about like all the 'experts' on climate change...
Yes it is. No it isn't. Is, too. Is not. Is, too. Is not.
Seeking Alpha. What?
Your vision is quite clouded. There are dozens of new deep sea drilling platforms going to be built in the next 5 years. Given that the oil companies that plan to lease these rigs will be delivering crude to the markets beginning 5-10 years down the road and that the fields will be pumped for 25 to 30 years makes your 'free of oil' statement a little questionable don't you think?
And LH2? You lose about 40$ of the fuel energy just liquefying hydrogen. Transporting and storing LH2 in another huge energy consumer due to loss of hydrogen due to thermal vaporization issues.
Your dream leaves much to be desired based on the realities of the world.
Like it or not, batteries figure in mightily with the future of electric or FC vehicles.
Tesla is expecting to sell 500,000 cars per year by 2020. They are planning to build a $5 billion lithium battery facility in the southwest that will be partially powered by solar and wind and to be completed by 2017. It is expected to produce the next generation of lithium batteries that should boost battery power density by ~10% and lower the price of a Tesla to ~$45,000 (~30% reduction).
There are about 350,000 electric/hybrid vehicles on the road today and another 350,000 will be added in 2014 alone. The big boost in electric vehicles is due in no small measure to the electrical charging infrastructure already in place. FC vehicles are expected to have a 1-4%, about a tenth of electrical/hybrid market penetration by 2020, but a great deal depends of the cost and fueling infrastructure going forward.
FC proponents should laud the rapid increase in EV growth as it directly affects the ability for FC vehicle growth.
When I was in Denmark two years ago I discussed the wind situation with several 'Denmarkians'. Denmark (thermal, wind) has an exceptional grid power-sharing agreement with Germany (solar, wind, nuclear,coal), Norway (hydro, pumped storage) and Sweden (nuclear, coal) that they struggle mightily with to import and export power on a second by second basis based on the wind output of their windmills. This was absolutely not the case 20 years ago before wind power was in place to this degree. Though wind provided an average of 30% of the power consumption of the country there were times that it provided 80% and other times 0%. Without the massively interconnected grid, the wind power of Denmark would be completely uncontrollable. There are even times when the wind blew so much over such a large area in the super-grid that there was not enough ways to absorb the power and it was just sent to ground to avoid damaging the infrastructure. Wind power output grows at an exponential rate to wind speed, and as such, tiny Denmark is completely dependent on the infrastructure of the grid of the other three countries to make it work.
Then, and now, there is widespread grumbling by the grid engineers about going beyond the 30-32% wind contribution in place is now. One small disruption that escalates could screw up the grid stability for much of the country.
Until there is a way to store very spikey, and unreliable, power output (besides slow to respond pumped storage) the wind power management problems will only increase...not decrease. Denmark will never try to rely on wind power alone even with the super-grid. It will always want, and need, the ultimate reliability of back-up base load thermal generation.
11% distributions on one of the best deep sea drilling platform lease companies in the business. We know the business of finding oil will not abate for the next 20 years at least. Who would not want to be in such a stock for the next couple decades? Buying today is like getting 2 free quarters of distributions over what it cost to buy yesterday...
Buy low and reinvest.
...which could mean that an ETF will be created to invest only in BDC's and institutions will start buying BDC's again.
Buy low and reinvest...
I am an accumulator of PSEC. These 'special situations' are just the thing when you are looking for long term accumulation entry points. I just purchased another round as a result. At a buy point of $11.05 I get the same company with nearly 3 monthly dividends for 'free' over the closing price the last few days.
You gotta love these gifts and take advantage of them when they happen.
I don't understand? The shorts have been telling me that CTL didn't have enough FCF to do either one...let alone both! How can this be???
My feeling is that there was a news article saying that the first tightening would be mid-2015. This, and the fear that there will be a major correction in the market soon...
I can't get my head around bailing out of the BDC's this early. It seems just a great opportunity to continue investing/re-investing in the BDC's.
I have read a few articles about predictive analysis being a big deal going forward. I really don't know much of anything about this field and the companies involved. It was suggested that I start my DD with this company, but I would really like to know what other promising companies might be involved so that I can watch them, too.
Any suggestions by the regulars here would be much appreciated.
I think the chances are very small that the dividend will be cut this year. If they get cash short they would simply reduce the share buyback program.