We'll see when they are "proud" to announce earnings on 5/6 before market opens!! Either something is not right or simply overlooked. GL
Golub has been a LT holding. Only concern is the Golub brothers print money for themselves. Last dividend increase was 2/2011. Like all BDCs of late decreasing NAV over time.
Looking at a medical device company's adr, SNN. Ex dividend for 1st div this month. Pays 2X like most UK stocks. put in bid at $35.
Another holding OKS/OKE announced a JV (50/50) with Mexican government energy arm to build a pipeline into Mexico. Export ramping up ........
Oneok Partners LP ( OKS
) entered a joint-venture agreement with a unit of Mexico City-based infrastructure company Fermaca Infrastructure BV to construct a pipeline to transport natural gas from the Permian Basin in Texas to Mexico.
The Roadrunner Gas Transmission pipeline project, with an estimated cost of $450 million to $500 million, includes 200 miles of new pipeline and is expected to be completed in three phases. The first phase is expected to be completed in the first quarter of next year and the last phase is targeted for completion in 2019.
I don't think CNP is hitting on all cylinders. Down @12% and earnings miss. Might buy more of CNP if their yield to stock price hits 5.20%. And then watch it go down more with the entire utility sector if a rate hike happens. For ideas, buy a hellcat and have some fun !! GL
Yes Indeed, a real mystery. Looks like it will close below $16. I'm thinking that Arclight (3rd big partner after CNP & OGE) is dumping and moving on.
In a report published Monday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating and $16.00 price target on Hercules Technology Growth Capital, Inc. (NYSE: HTGC).
In the report, Wunderlich Securities noted, "Buy-rated Hercules Technology Growth Capital (HTGC), which reached a milestone of over $5B in commitments over its 11-year history in March 2015, issued almost 7.6mm shares of common stock and raised over $101mm in equity in a transaction that closed on March 27, 2015.
"The raise may have seemed perplexing, given that the company was awash in liquidity at year-end 2014, with over $227mm in cash and $391mm of available liquidity in total. The raise was accretive to NAV, but makes it all the more challenging for NII to cover distributions in 1H15. The dividend is not at risk because HTGC has spillover reserves, but our target of $16 reflects our estimate that DNOI is unlikely to cover distributions until 4Q15."
Bouray- I should have included the source. It was reported by CNBC. I saw the video on their website. As for NG, hopefully they will be able to export LNG if Golden Pass in Beaumont gets converted and scaled to handle exporting. Big cost for Quatar, XOM & COP to convert import structure to export. Not sure if ENBL, CNP or OGE is involved here.
Sometimes avoiding taxes is not always the best route. Sounds like you have a handle on the situation from your post below. GL
Sounds like you plan to keep the new shares. My view point is that Buffet and cronies are not paying a fair price for 51%. The stock run-up is just fine, but does it represent what a share of HNZ + $16.50 is worth ? No, they do not have to entice anyone because we are SO fortunate the Buffet herd is creating so much wealth for us. That is Buffet effect.
For I am a holder from the MO spinout in 2001. So I am considering taking the 950% gain on those 2001 shares soon. PS . I was also a ST 3/2012 HNZ holder and felt cheated on that deal in 2013. GL
Not to be nick picking, they did issue some shares in August 2009 in lieu of dividends, In my case, they are worth @ $5500 now. Thank the heavens for this bread crumb.