In '09, I bought a few thousand shares at $2.01, then doubled down at $1.91. So my ROI is now over 20 percent. Any bets on a future dividend raise? Good luck with your waiting on the sidelines! I'm in for the long term with lots of dividend, growth stocks. I rarely trade or sell. I put aside the cash to buy on the dips. GLTA!
I added today at $22.2. Maybe some more later should it get to $21.5. This may push my average cost over $20 but the divvy seems secure to me so I've continued to add.
Let's see now, the offering is at $22.50 per my calculations and I just added some more at $22.20. If it stays there, why would anyone pay $22.50 when it can be had for less? Sometimes I wonder, but perhaps it is best not to question the way things are......anyway, it always seems to return to a higher high which is good for us, right?
Why would they pay a dividend when their E&P operations are not generating profits? This was one of my smaller holdings but I'm feeling pretty stupid for not having bailed long ago.
Hate to rain on the parade even as I'm a ravenous golfer as well as being heavily invested in NCT and the various spinoffs but golf memberships have been in steady decline in recent years. Indisputable fact although an accurate picture of the reasons for this are varied and as yet unclear or if this might be a merely temporary event reversible at some point. Also, many courses are located in drought stricken areas of California, water being the one thing golf can't survive without. I'd be interested in hearing how Wes and crowd went about calculating the risks on that score alone! Are we all supposed to just pray for rain here? I assume these courses were bought up on the cheap based on good premise? Maybe Wes and crowd have been peeking at some of my investing strategies in recent years? No, i believe I'm a bit more balanced overall portfolio.
Some don't want to wait around for Sandpiper and the divvies. It is called profit taking! I'm here for the long term. Divvies and some improvement in valuation are fine with me! Me, EEP, and EDP will do just fine, thank you. Oh, also some ETP, CLMT and MEMP. This is not the time to be leaving the oil patch.
Ooops! Sorry! That was the BAC divvy! Wrong month! You're right about the water these parts. Newcastle is definitely better drink!
There is always the tax issue to consider as well. Holding for a year not only gives you a seven percent dividend but also a hefty long term gain tax break. Heck, if you can find something better, maybe you should exercise a margin play or play the options route. Personally, I'm an investor, not a trader.
Curious as to your reasoning for holding the dividend at .10 for the remainder of the year. I've noted a prevalence of analytic views which predict a Q3 raise to .11. Of course, this view could change as a result of future spinoffs. Rather than a REIT, NCT seems to be functioning more like a Business Development Corporation. Does NCT normally retain some significant interest in these spinoffs? That would be an important factor to note as these deals surface. It would be nice to find NCT with some skin in the game. I did quadruple my position in NRZ which has worked out well thus far. Not sure about NEWM or SNR for that matter.
Are we dizzy yet? I hope SNR goes after SNH! That bunch needs to be straightened out! This is a competitive market that may be headed for consolidation in the not too distant future.
No doubt someone will scoff them up first but aren't you beating a dead horse? Pathetic in that the industry is afire and just about everyone else is doing quite well, thank you. My 8 other MLPs are now firing on all cylinders! Yep, this is pathetic!
After hours finds us laughing already, powderpuff! Off with you now! It is way past your bedtime! We'll likely be laughing all next week right into the witching date! Actually, I'm thinking you can't really be serious.
Not long ago I upped my average cost considerably when I doubled up at $24.75. Perhaps mr. Quantuon is hoping to get another such entry point? I suspect the axe he's grinding is not intended for bringing down trees? The EPA does have its supporters out there!