You are correct about the past. However, I think we are dealing with a different business model and company now and believe if you are patient there will be a slow rise in pps and dividends. What makes it appealing to me is that while I am waiting, years I would guess, I am collecting a 13% plus dividend. I think the dividend alone will beat the market. Of course I could certainly be wrong and the past could repeat itself but I really believe RSO has turned the corner and years from now I will look back and be glad for the large position I took under 5.00. GLTA!
Agree. I think the entire sector will enjoy a good year but I like Ticc, Mcc, Kcap, Pnnt, newt, and I even like PSEC post dividend cut. I like to invest for income and in doing so portfolio appreciation takes care of itself.
I would be very careful heeding any advice from pac man. He is correct 50% of the time because he speaks out of both sides of his mouth. Even so, it won't be long before our junior genius has the same fate as Icarus.
the past 3 quarters have seen .24 .24 and .25 nii. They increased their margin and have put a spo to work which should be fully reflected in the 4th qtr. I am thinking nii of .26, a bleep up in margin and a .25 dividend. If this occurs Kcap will get some nice pps action. Of course if the doc is cut the pps will drop but I think this would be an opportunity to add. GLTA
I agree. I made RSO my largest individual stock holding. I think it will slowly go up, continue to pay a dividend which will also slowly go up. Get rich slow.
I added twice today. If things hold true to course every time OXLC has gone down big because of volume and not news it has recovered with in a short period of time. Hope it's the same this time. I have a lot of it as a percent of portfolio.
When you make bold predictions out of both sides of your mouth you will be right half of the time. When pac man said such and such bdc was going up he was in a trend phase as they were all going up. Then when a dividend cut came which was anticipated Ticc went down but Mcc went up.
Pac man seems to think he is playing baseball where a 500 a stage makes you a superstar. Well, he definitely thinks he is a superstar. What he is though is a 28 year old who never experienced a bear market in his adult life. Bull markets make geniuses out of the dumbest of people. Pac man will realize this some day at a very personal level and maybe just maybe develop some humility. He is not nearly as bright as he thinks he is. And when he is right it's because he talks out of both sides of his mouth. One week it's buy this stock go a 40% total return in 2015. A couple weeks later it's sell it all. He's an empty suit.
neither is your flip flopping both sides of the mouth advice. Why don't you just stay on alpha with your investment genius.
WMC has always surprised to the high side with the dividend. I. think they hold it at .70 but .65 would not be a total surprise. They continue to fine tune their portfolio so I am starting to be a bit more optimistic that a " big" dividend cut can be avoided this year
I think what is or has happened with RSO is fundamental. RSO may have gone from a stock that always over promises to perceived a going to deliver. They have redefined their business model. They seem to have operational momentum. They will cut the div enough to retain 10% of affo. If things are as perceived then they represent value, yield and growth and are too cheap at present price. The mistake this company made was to continue to pay a "meaningful" dividend when everyone else cut to the bone. Had they cut drastically they could have been increasing the div rather than cutting and people would be excited about Rso. Of course all of this is hindsight and RSO has finally arrived at where it needs to be to change direction of pps and dividend levels. GLTA
This stock has started to move. I am trying to determine how much NRZ can earn and how fast it can get to that point. Any informed opinions as to where this stock could be in a year 2 or 3? TIA
I think you are correct. There will be several dividend increases over the course of the year and also a large special which will be 20% in cash. Assuming the earnings are going to go up in light of the dividend guidance I have a hard time not seeing this stock at 20 before year end if we have a decent market. GLTA.
Pac Man, it will surprise you to some day realize you are not the most intelligent person in the room, whether it it chat or otherwise. You need a little perspective and maturity or you will not be successful in life. I am not trying to jerk your chain ( I know I was doing that before) Sorry.
I am actually encouraged that you are 28. You are doing well but successful people don't talk about it constantly, that's what makes them successful. Personally, I retired when I was 41. I did it the way Smith Barney said they made money,"I earned it". At that point in my life I had more money than time. Both are finite resources so when the equilibrium is struck it's time to
quit. I will be 61 in July. In the last 20 years there have been times when I thought I really knew alot about alot. I was always humbled.
Seriously, Pac Man, as you go forward change your focus a little. Don't look at yourself with such awe( I'm not trying to be a jerk here). Instead of always trying to help, try to learn. We all have a lot to learn no matter what are ages or intelligence. There is a reason why many have said "If I knew then what I know now".
One last thing, most of the people on this board are not day traders. Some trade but many invest to generate income to provide for retirement and the better things in life. It is truly unfair and unreasonably condescending to believe we are stupid, simply because we do not embrace your investment style or ascribe a great deal of credibility to your opinions.
Lastly, if you can read this and take it to heart maybe some day others will be jealous of you but honestly today the strongest emotion you are generating is pity. Sorry to be so brutally honest. I really hope you take this in the spirit intended. Good Luck to you.
pac man, you are an empty suit. The fact you don't realize it only reinforces the folly of your self view. I still have the same question, how old are you?
Pac man is an attention seeking neophyte. His analysis seems to be based on Cliff Notes. He's always right. I have replied to his posts directly telling him what I think, which is he talks out of both sides of his mouth and neither is properly informed. The guy is a joke and as soon as he realizes he can't use the message board to make more money or stroke his ego he will be gone. I have seen many junior geniuses come and go as mr packet surely will.
you did nothing except tout ticc as a 40%total return in 2015. Then 4% below the last top and 4 weeks later you scream sell. You talk out of both sides of your mouth. You think you can't be held accountable because hey, you just are reading the market. Your primary motive is to pump whatever current position you have. Your secondary motive which is about equal with the first is to get attention. Next time you post on seeking alpha or even on this board I will alert the media. I do have a serious question for you. How old are you?
decent recovery today. I think ticc will be ok the cc indicated that the last presentation would show how they will cover the div (even though they don't give guidance)