Recent

% | $
Quotes you view appear here for quick access.

Linn Energy, LLC Message Board

kenpalley2000 379 posts  |  Last Activity: 22 hours ago Member since: Dec 16, 2005
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Somebody scored!

    by kenpalley2000 23 hours ago
    kenpalley2000 kenpalley2000 22 hours ago Flag

    I should also remind the board that last dividend announcement was Feb 4 so we should expect another announcement soon. GLL
    Ken

    Sentiment: Buy

  • Reply to

    Good CC:

    by luckijack1 23 hours ago
    kenpalley2000 kenpalley2000 23 hours ago Flag

    jack,
    Agreed. I didn't listen to the Q and A but their presentation sounded OK. With payout ratio of 89% and 50 million in authorized share buybacks (authorized of course doesn't mean that they will be done) I am feeling a lot more confident that the dividend won't be cut soon. I would not be a buyer but I am no longer strongly tempted to sell. I still view the stock as very risky and have a mistrust of management based on past experience but do see light at the end of the tunnel. The fact that it was in the green a few minutes ago on a big down day in the general market is a positive sign IMHO. Time will tell. GLL

    Ken

    Sentiment: Hold

  • kenpalley2000 by kenpalley2000 23 hours ago Flag

    Wow, someone got a bunch of shares on the cheap. $12.05. Didn't take long to rebound and IMHO shares looking good in light of today's broader market plunge. . GLL

    Ken

    Sentiment: Buy

  • Reply to

    Noat miserable

    by kenpalley2000 May 2, 2016 9:32 PM
    kenpalley2000 kenpalley2000 May 3, 2016 12:23 AM Flag

    wrong stock. $.42.That might barely be sustainable. I noticed but never got around to retracting. Not sure if I should blame senility or the gin.
    Ken

    Sentiment: Hold

  • kenpalley2000 by kenpalley2000 May 2, 2016 9:32 PM Flag

    but not good either. FFO $.47 a lot less than the $,54 estimated and hoped for. Hard to see how they can sustain a $.64 dividend at that rate.

    Ken

    Sentiment: Hold

  • Reply to

    Earnings tomorrow any predictions?

    by kenpalley2000 May 1, 2016 12:48 PM
    kenpalley2000 kenpalley2000 May 2, 2016 5:34 PM Flag

    I'm not good at this stuff so it took some work to find the 8K. NFFO $30 an increase of 25% from 1st Q last year. AFFO $.38/share. Earnings up from 20.4 million to 41.3 million. All looks good to me. CC tomorrow.

    Ken

    Sentiment: Strong Buy

  • kenpalley2000 by kenpalley2000 May 2, 2016 11:59 AM Flag

    Latest purchase of 5 shopping centers for almost 60 million just one of several in past year adding up to something close to quarter of a billion if my back of the napkin estimate is close. Hard to see where all that cash is coming from. I keep expecting a follow on stock offering. If so I would expect it to be accretive and an increase in the dividend not too many quarters off. Heck if the price got below 12 I'd probably dip in yet again. GLL

    Ken

    Sentiment: Strong Buy

  • kenpalley2000 by kenpalley2000 May 2, 2016 10:11 AM Flag

    Dividend $0.02549 04/29/2016 04/29/2016 05/02/2016 $5.71
    Low yield environment. C'est la vie. Patience.

    Ken

    Sentiment: Hold

  • Obviously since I just bought another 3000 shares I am expecting a solid earnings report. So who thinks we end the month of May at 13 or above who thinks we sink back down to 12 or below? I'm in the 13 and above camp. Time will tell, GLL

    Ken

    Sentiment: Strong Buy

  • Reply to

    Earnings tomorrow morning

    by dar200 Apr 25, 2016 2:21 PM
    kenpalley2000 kenpalley2000 Apr 29, 2016 12:08 PM Flag

    Dar,
    I first bought SUI, thanks to a tip from you on some other message board, in June 2011 for $38.10. After flipping shares a few times, dividends and capital appreciation I estimate that I was up about $45K. I sold all at $71 on 3/30 because I was frustrated with the failure to see meaningful increase in dividends. So thanks again for your generosity in giving out information, analyses and advice sprinkled with some occasional sarcasm and even what some might call grumpiness. I call it "not suffering fools gladly". See you on other boards, be well.

    Ken

  • Reply to

    Price question

    by kenpalley2000 Apr 4, 2016 11:06 AM
    kenpalley2000 kenpalley2000 Apr 29, 2016 11:54 AM Flag

    sole,
    No doubt clever strategy but a bit too complicated and sophisticated for the likes of me. I finally raised my bid to $12.15 and just got another 3000 shares. I think the dividend is very secure and will rise nicely over time. GLL

    Ken

    Sentiment: Strong Buy

  • Reply to

    CRAZY DISTRIBUTION TIMING

    by asstsecretary Apr 27, 2016 9:43 AM
    kenpalley2000 kenpalley2000 Apr 27, 2016 4:31 PM Flag

    Didn't much matter. Pretty tepid response IMHO to the divvie announcement. This stock is rather thinly traded and not on many folk's radar. As long as the divvie continues I could care less. GLL

    Ken

    Sentiment: Hold

  • Reply to

    Next stop

    by who_dat75 Apr 26, 2016 2:30 PM
    kenpalley2000 kenpalley2000 Apr 27, 2016 4:29 PM Flag

    True dat who dat!
    K

    Sentiment: Hold

  • Reply to

    Next stop

    by who_dat75 Apr 26, 2016 2:30 PM
    kenpalley2000 kenpalley2000 Apr 27, 2016 11:39 AM Flag

    who,
    Well if today's action can hold on we might close at $12 or more for the first time this year, which would put us well on the way to fulfilling your prediction. GLL

    Ken

    Sentiment: Hold

  • kenpalley2000 by kenpalley2000 Apr 26, 2016 6:23 PM Flag

    TREVOSE, Pa., April 26, 2016 (GLOBE NEWSWIRE) -- StoneMor Partners L.P. (STON) (“StoneMor” or the “Partnership”) today announced a quarterly cash distribution of $0.66 per common unit for the 1st quarter 2016. The distribution represents a 3.1% increase over the prior year 1st quarter. The distribution is payable on May 13, 2016 to common unit holders of record as of the close of business on May 6, 2016.

    It appears the "unsustainable" is sustained yet again. I agree that a 10% yield is unsustainable but it only has to be sustained for another 10 years and I'll sell. GLL

    Ken

    Sentiment: Buy

  • Reply to

    Pay attention with the book value price

    by javie.carballo Apr 23, 2016 10:03 PM
    kenpalley2000 kenpalley2000 Apr 25, 2016 11:44 AM Flag

    I agree. Long time before we see $20 if ever. $13 or $14 or maybe even $15 if the divvie can be maintained for a few quarters and some decent earnings. If if if! GLL

    Ken

    Sentiment: Hold

  • kenpalley2000 kenpalley2000 Apr 25, 2016 11:03 AM Flag

    Perhaps so. Clearly some sentiment that the dividend will be maintained as indicated by nice pop so far this AM despite a very negative general market. I expect an announcement today or tomorrow of $.66 div. GLL

    Ken

    Sentiment: Hold

  • Reply to

    CSAL in MY IRA ACCOUNT

    by vonstutt Apr 21, 2016 1:52 PM
    kenpalley2000 kenpalley2000 Apr 24, 2016 2:56 PM Flag

    Medium risk, excellent dividend ( 10% yield). One could do worse. A more conservative but IMHO safer REIT is APTS. I have a bid for 3000 shares at $12.00 pending so you know I put my money where my mouth is. Worth looking at. Of course you need to do your own DD.

    Ken

    Sentiment: Hold

  • Reply to

    Price question

    by kenpalley2000 Apr 4, 2016 11:06 AM
    kenpalley2000 kenpalley2000 Apr 22, 2016 3:35 PM Flag

    gtw,
    Yeah I did that a while ago and came pretty close the other day when it went down to like 12.13. I'm patient and might raise my bid if 12 looks hopeless. I've been out of town and not following closely but I'm patient and will raise my bid at some point as this is a long term investment and it is sort of foolish to sweat 20 or 30 cents / share plus or minus. It looked like we might get pretty low again at one point today but now it has rebounded. GLL

    Ken

    Sentiment: Strong Buy

  • Reply to

    March dividend 2.574 cents

    by kenpalley2000 Apr 1, 2016 9:55 AM
    kenpalley2000 kenpalley2000 Apr 20, 2016 12:41 AM Flag

    Nice rebound in NAV lately. New high for the year today. Next step is increase in divvie. Hopefully.

    Ken

    Sentiment: Hold

LINE
0.3807+0.0147(+4.02%)9:47 AMEDT