is okay if actual earnings, AFFO, support the dividend. But when they pay more than AFFO it makes me expect dilution, or borrowing of some sort, coming soon. I will go ahead and buy a little if it dips enough today but I am waiting for an SO before I buy more.
Does anyone here know what is going on with RCF acquiring common shares of mining companies. Is that what is hurting RSO earnings? The announcements say little about the investment.. Any effect on RSO?
Well; tomorrow being XDIV; we can expect at least a fall of another 20 cents. That will probably have enough momentum to take it even lower; the next level of possible support is about $4.70. Perhaps that is a good place to add shares if you believe in the management and sustainable dividends eventually. Some expect recovery in late 2015; some hope for it sooner.
This article, "Is CVR Refining (CVRR) Stock A Great Combo of Value and Growth?" from Zacks does not agree with your talk show. I have been feeling that the fire would hurt earnings and dividend but perhaps not as bad as you seem to think. Also, it is temporary; the dividend will soon be back to .98 and perhaps even higher. They are improving efficiency at both refineries, the spread has been higher, in spite of lower gas prices. But; it is a crazy market right now; anything is possible. I'll be happy to get shares in the 21's if it gets there.
Where do you get 8%? I don't think we know what the divvy will be. Clearly the market thinks it will be very small, at least temporarily.
Other recent buy ratings had little effect on price, but this seems to be taken seriously. Earnings are improving as rates increase. I think TNK is going into growth mode, pouring profits into more ships. So, may not be much divvy increase; better for me from tax perspective.
Good news is not expected anytime soon. Even those who believe ProB.. will eventually be approved by the FDA, may consider such an investment "dead money". Also many who do believe and are long are just waiting it out, not buying more or selling, and rarely posting. Meanwhile, bashers are pretty much unopposed.
Those are similar to my triggers. The fire maintenance will certainly hurt earnings but not as badly as the market seems to think. One refinery down for a month due to fire and standard maintenance done as well. Production has been increasing at both refineries so maybe not so bad on earnings.
caused me to dump my shares this morning. What they did was rush into a contract, knowing that sanctions would be likely. I think this was foolish management. Also they may be making enemies in high places; not smart!
What analyst/article are you referring to? And what is your point? Sorry I don't get it; I am kinda new here. My understanding is that ARP splits any distribution over .60/Q at the rate of 50/50 with ATLS. Kinda makes ARP seem a little like a bond. I guess APL is similar. I would like to read the article if you would tell me where to find it.