so Liza, why is aav moving suddenly? especially after doing less than optimal deals and losing suitors?
seems a lot of interest on heavier volume the past few days.
could this really be about ukraine? kind of doubt it, at least not completely.
ummmm ... how is a reit supposed to grow?
they have 2 options ... issue equity or debt.
they issue from time time to time when they believe that the funds can be utilized profitably.
thats the business model....
not a paid hack.
however, this is an e&p growth pay. meeting production targets is a success metric and increases asset value. once sufficient assets are in place then the profit spigot is turned on. not before. very typical.
beginning to notice a pattern.
yes ... a real pumper.
full is a great stock and great bdc. however .... too much shouting really distracts.
put down the pipe and turn off the caps, please!
i too have been contemplating an entry. would simply add to holdings. already have positions in all you mention except sdrl and wmc. also adding to some cef's like mxf and dhy. interesting reactions around rso.
all we have seen here is assumptions, guesses, taints and innuendo. there really has been nothing concrete. except -
- stock slide on modest volume.
- continued production and increases
- apollo re-upping loan
- new ceo comes with guggenheim interests and probably blessing
really wonder who is 'walking the talk'?
agreed. i think that all the hype and hysteria has stressed the stock neg. probably deliberate. however, if you have noticed, while pps has fallen rather strongly, volume really has not been high. in fact, mostly way under average daily. so .... pps falls on weak volume? what does that suggest? also, prefs took a dive, especially pref-c. however, they have held mostly steady and pref-d pretty solid. so ... debt holders are comfortable. really not sure how much 'oversight' cms will manage to get. do you really think sb, or other execs, even excluding dv, want these guys hanging around watching every move? they may get a back-off on comp, or plane use. but ... board control? if cms pushes for control, expect fireworks and pps wild swings...
the only thing keeping reasonable investors here is david hall and continued production success.
scoot, you seem to assume that thee is sufficient dirt to be had. perhaps nobody is innocent here? that is .. on both sides. human foibles. is that enough to oust the management that has built the company.
yes, if this is only the 4th inning, it could be a very rough go. if so, as i see it, this is still a land grab by cms. and ... if the company falls hard, it is on their actions far more than anything else.
a. shame. really.
whats up with box 4%+ pullback today. however, volume was not really so significant. has revenue and earnings. what is the concern? this seems a little overdone.
read the 8k. while, yes, many things can be 'rationalized' after-the-fact, it states that the options agreement was already granted during the time that he was a consultant, and, at that times price. the agreement as cfo subsequent simply restated the already existing agreement. if you read further, the 8k also defines subsequent actions with respect to the options and payouts in the event of pain, departures and change-of-control. and, it seems that in the event of a change of control, prior to full vesting, that the unvested options are annulled and there is a cash payout in lieu.
now, yes, i realize that circumstances and agreements may be manufactured to fit. if we were to see the original consulting agreement that would shed more light and reality.
wow volfan, no and .... no. i was not referring to the large-cap momo firms. rather the small well-funded startups in a hot space or the mid-caps - all of whom have time-window pressures to execute and are competing for experienced talent.
scoot, i can appreciate the concern on total comp. however, companies can do whatever they want to incentivize employees. i don't know what is typical in small or mid-size energy firms. however, in tech firms that are growing rapidly and feel they need to seize immediately contributing talent, they make the offers quite attractive, including various methods for options grants. it really depends on the firms objectives. one could consider the pricing retroactive to contract status as a signing bonus. and .... really .. if you look at the majority of options out 2 - 3 years, it says something about the timeframes they are looking at for company events to happen. put yourself in the new (young) cfo's shoes. he sees the books already. he knows what the playbook is designed for. do you think he would agree to 50%+ options vesting out 5 years when a liquidity event most likely would happen sooner? and ... given the amount of options granted out here in tech-land for workers with far less experience and pedigree and connections, this doesn't look so particularly rich.
scoot, c'mon now. 'taken' for $900k after 3years+? of service for a CFO? for about $1 difference in options price? probably as an incentive to come aboard? i really don't think thats so far off. its a far cry from grabbing $10 - 25mm or so. and, if it buys more legitimacy as well as good relationships with lenders and partners, great.
no, could not find specific source regarding agnc buys except for them buying other mreits stock. However, might check morningstar for increased institutional buys....
is burninshorts and roq the same? seems like one answers and continues for the other.
and ... so far rumors. rumors. rumors.
what kind of dirt?
lots of help on that share price here....
super. i hope you have taken your own advice and massively shorted rso. please do. definitely sounds like the way to go. good luk.
could you please elaborate on that? everyone is tee-ing off on a number. how does the wsj arrive at that figure? what is it comprised of? when is it paid? if dv's comp was $10mm, what is sb's? also, wouldn't comp for officers be listed inn 10ks or other sec docs? yes? so .... while the wsj may have reported it, the package could have been available for quite a while?
because their goal is not to sell immediately. so .... if the stock price is depressed, that can increase pressure on management and make completing deals more difficult. ergo ... cms can say that management is not doing their job. if management can then be ousted, cms proxies take control, then bump up pps shortly afterwards.
its a mid-long term strategy.
i guess i am not quite understanding the drivers for the stock valuation. growth over 32% revs, book value over $9/sh with pps @ $2.50+change? seems way undervalued?