How silly. More jobs have been created under this administration than any prior admin. Hostility towards business? Then why are corporate profitability and the market at all time highs? It´s not businesses that are suffering, it´s regular people who don´t get paid enough, lack of fiscal stimulus, do nothing Republicans, etc.
There is no such thing as rates too low. What was done to cushion the impact of the great recession was necessary and semi-effective. But I agree that the Fed needs to be careful as hey raise rates to "normal" levels. Too bad the real economy is not cooperating with sustained, healthy, growth.
As for MMP: Risky in a rising rate environment. Dividend increases can help mitigate rising rates, but we really need to see revenue increases from recent investments. I´m thankful the units held up pretty well during the oil price crash.
Digesting a decade of gains is a good thing, but it would be nice to see the units resume an upward trajectory. What will get MMP moving again?
Beating by a penny after all the massaging that went into the spin-off is a joke. 21% EPS gain is good, I guess, but 7% revenue growth sux. no longer a growth co.
All good. Mexico more stable, less expensive, than Brazil. Stock market´s been the place to be. Can´t complain. You?
You funny. Provable? I have no reason to lie and I care not a whit if you believe me or not. I have posted previously as to where I think the stock is going. More importantly - and unlike you - I put my money where my mouth is. I´m up just over 10% on shares bought at the end of last year. I think the stock goes higher from here just from the strength of the order book, plus continued airline growth assisted by windfall profits from the crash in the cost of fuel. It´s a good story and a good stock... I don´t know what you waiting for, Mr. Experienced Investor.
In May 2014 I was thrilled with one of my best investments ever. In June I was thrilled by the pop created by hedge-fund interest. By September, I wasn´t so thrilled because the stock wasn´t reacting well to the expense and lack of clarity that came with the spin-off. I sold my entire position. In the Fall, I nibbled and then took a real position in BEAV after the split. I have been a BEAV shareholder for a bit over 10 years. This chart is all you need to know about my results. https://finance.yahoo.com/echarts?s=BEAV+Interactive#%7B%22range%22%3A%2210y%22%2C%22scale%22%3A%22linear%22%7D
Gosh, you know nothing about me, my trades, my gains or losses. Your assumptions about these things are pretty much wrong across the board. I´m not mad at you for MY wrong decisions, I´m annoyed by your indefensible belief A) in a past that never happened (hedge funds saved BEAV and it´s stakeholders from debt, re-investment in a new business, greed, whatever), B) a present analysis that is just plain wrong (the break-up has created value), and C) a future which has not happened yet. FYI: Future profits are ALWAYS phantom profits for the simple reason that they don´t exist. And I´m not a loser in BEAV, not by a long-shot. I sold a long term position after the split was announced and well before it occurred. I am Long and Green BEAV since the spin-off.
"I tell all BEAV shareholders, past & present, "stop looking at the 2014 stock price
and start planning for the 2015 - 2017 returns" So, you tell people to ignore the excellent returns the stock had prior to the appearance of the hedgies, ignore the real wealth that the reorganization destroyed, and focus instead on the phantom of future profits in an uncertain market? Seriously, Jack, if you are investor (and not just an hedge-fund hack apologist with no skin in the game), how do you stay in business?