smalls is negative on T??
What a surprise!!
Tell the news, sound the bells, whole lotta bashing going on.
Must be that the little black '50's telephone on your shoulder started to ring again.
T built in some coconuts. Those of us who actually trade know these things son.
I agree, Citi sees it but the next earnings report and outlook is a big overhang to see T do much until results are in.
They have no doubt been conservative so they can guide up based on synergies. You don't do a deal this size without reserves to support early operating results. They can't do more than a few % on EPS but I'll bet they beat the estimates on revenue & EPS.
I plan to add more by averaging-in on dips in the next 7 weeks or so until the report..
"The sharers will recover....you'll not see much fireworks-till early to mid 2016...by then you'll be glad your planning to become a long-termer with FTR"
What do you make of FTR's Goodwill asset?
"and a secured good dividend.."
The dividend has to be declared before it is paid. It requires an affirmative vote of the BOD.
In April 2012 when the dividend was lowered from $.75 to $.40 it was done via a standard dividend declaration PR and that was that.
FTR's dividend is definitely not secured by anything.
"Get ready to go lower"
You can't talk it down -- post again when it's at $28.
"Might be an understatement."
But after they said that, S&P affirmed T's current ratings.
Both the treeword and smalls ID's constantly attempt to mislead and generally poop on the T board.
But it's not by choice, it's an addiction. The T fetish -- perhaps someday we will know why it happened.
Anyone seen nige?
"And what makes you think they won't cut the dividend if it sinks too far? we are in a downward spiral now not just AT&T."
T is not going to lower the dividend, "...if it sinks too far/"
I assume "it" refers to the stock price.
The above quote is a worthless, alarmist statement from another market bystander.
"Plain to see he doesn't understand income stocks"
this thread is about who has the cleanest dirty shirt.
If you plot FTR against the S&P 500 on MAX Yahoo graph FTR is -500% -- in other words you would be 5x better off if instead of FTR you had put your capital in an S&P %00 Index Fund like a Vanguard. When you dripped you reinvested in the (500%) underperformance.
Unlike the vast majority of public stocks, FTR is lower today than it was in 2007 before the Great Recession and financial unraveling. Maggie pumped it up to a good payroll machine by diluting the shares and leveraging FTR to junk debt rankings.. That doesn't matter to her since she gets new shares then sells and pays the tax -- another payroll stream from millions of shares created, granted and sold. From 2010 thru 2015 FTR share count went up by 15% for employee/BOD stock granted or optioned. That's during a period when the dividend was cut from $.75 to $.42 and the stock price went from about $7 to about $5 and GAAP EPS went from $.39 to $.13. So after LT shareholders were diluted to buy the VZ assets, they were again diluted for performance stock awards to key employees and directors. Maggie & co are corporate raiders. The next phase of looting will be when the big retirement payments kick in for the click, because FTR has a big pension and white collar funding gap.
Can you imagine how much of FTR they would have awarded themselves if instead of EPS going down by 2/3 it would have gone up by 2/3 to $.65 in 2015? I am so jealous my fingertips turn green typing about it.
But having said the above, I'm looking for an entry point for a trade. It's been a while -- last time was when it dipped below $5 for the first time back about 3 years.
I hope I'm in the scoop as it rises full of Baskin Robbins coconut with pineapple..
A 6% yield is a 4% risk premium over the 10 year T.
I'll probably add more if it sinks to $32.
Same to you. It's become obvious you don't own stocks but are addicted to pooping on the T board like an 89 year old granny.
But enough time devoted to the dribble ID, I'd like to know what nige makes of this crazy market. Can we please hear from nige soon?
You need to buy when stocks are down. It could be on the way down. I will probably add more if it hits $32.25.
T should be paying $1.92 shortly so I added at a 5.91% yield with the T bond at 1.96%. That's a 4% risk premium. This market dislocation has no connection to T revenues.
Hi, always nice to run into a fan of the Klown. I say Klown too. I think it's just nige who uses Clown.
Have you seen nige?
"Do I hear $1?"
Yes harry, that's another shoe shine customer after your services.
If a man develops marketable skills early he will never want for work.