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!
Can't argue with fact; but, the street has an interesting article today on that. I don't often follow them, especially Cramer. However when their opinion is supported with analysis I am willing to listen. SDRL will continue the divvy during this "slump" and they do have terrific opportunity in deep water which is increasing even now. So; we get paid well to wait. And, I suspect things ain't quite so bad, else they would not keep the divvy. I'm a buyer at this point, especially if it gets below $33.
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.
Strange, that Katie Dale at Market Realist does not agree. Here is an excerpt from one of her articles:
"In July 2014, tanker rates in the Suezmax and Aframax segments reached their highest levels for July since 2008." You can read this article in today's headlines on yahoo. I guess the folks at Market Realist should check with MSN before they write articles?
SA article seems to ignore the GP agreement you refer to; MF also does not mention it in a recent article July 7. Don't all MLP's have some similar agreement with the GP? Perhaps 50% of a great gain beyond .60/qtr ain't so bad? Can still be decent divvy growth.
Yes; but you can tell from the chart about how low they can push it. But even if you don't catch the bottom you know it is a terrific buy, fundamentally, right now. Consider LNG, well, if they succeed stocks like ARP will succeed even more so because it hasn't been bid up like LNG.
One thing I have noticed; MSN seems to insult everyone who does not agree with him. That may mean he is desperate to convince people to sell; ergo, he is short. But, sometimes he has a point so I read what he says. However he is very biased; points out the bad but ignores the good.
I think so. The MB is almost completely bearish and bashing continuously; that may be a good sign. Some seem desperate as they spend every day here bashing. I pay little attention to them. TTNP either gets approval or they don't. I think they will this time, Braeburn will make sure of it.
Thank you for your kind and informative reply; now I can put you on ignore w/o fear of missing anything useful.
Stumbled on an article on DRYS through TNK which I own. A little digging revealed they just started paying a divvy; $0.19; pretty darn good if sustainable. But, although improving, they seem to be still losing money. So, how can they afford this divvy, w/o risking serious problems? Yet; they think they can do it so, I want to believe they can. What do you guys think?
Well; the fire got extinguished yesterday? We will have to wait for better earnings before we can hope for a bigger paycheck.I think it will come but not this quarter. Meanwhile we get about 3% to wait.