The merger is a wash,true that financing will not be a detriment but there isn't any reason too see any improvement in FFO compared to what was already there. That said it was dead money anyway because SIR couldn't buy any new properties today at a fair price. Best hope is that they continue to raise the div over the 2 buck level
Hoping for a few more bucks to bail out
The CEO makes $950,000 in base salary the HUGE difference is from some convoluted incentive scheme.
In 2011 has total salary was 3.5m,in 2012 it went up to 4.7m and we all know the 2013 number of over 10m. It looks like all management made out great last year
One would think that Ichan,being a large shareholder would have a lot to say about the CEO's pay if he thought it was way out of line.
My first reply had more to do with my getting tired of the inequality bull that is pushed by many in the media everyday of the week.
I will admit that I didn't research the industry to see what his peers made and until I do figure out what others make options for all included I was wrong replying like I did
Get over it,maybe his pay is/was to high but he doesn't control the price of oil. Besides that no one has a clue about earnings for this Q,maybe HE will surprise. Don't start with the inequality BS thats taught on MSNBC
Should be interesting to see how the market will react to the yes or no vote on the 27th. I believe that if we say yes and there is a no on the other side we get 75m. If it goes the other way it costs us 25m plus a whole bunch of other money spent so far,maybe 10m plus. Not sure on any of the those figures
Since rates are still low I hope it goes through,get it over with and raise the div
Thanks everyone for some great reading about the possible variables that could be the cause of the most recent drop. Fact is that the stock has tanked an can't even find its way when the market is up big time and same goes with oil. Hopefully its a one quarter event and not something structural The balance sheet(on yahoo)shows a 120m increase in inventories from 6/30 to 9/30,with oil going down that whole time it shoud have showed a decrease rather than an increase. Did NTI make a huge mistake taking on a huge amount of oil at 70 to only find it worth 50 shortly thereafter
Its been so long since they paid a divy I don't know when the next X date is supposed to be. To not pay a div for last year means the business didn't generate very much income,it did generate FFO but the powers to be said said #$%$ to the shareholders. To trade at 12 times this years estimated FFO with no div tells me there is something going on. Any other reit that did this would be trading at five bucks at best Since I think that they are no better than rmr when it comes to screwing shareholders it might not be pretty.
Why buy a 26 dollar stock" reit" that has ZERO going for it and doesn't pay a div
I agree,the more that Lakewood pushes and hopefully keeps buying shares the better we do,just by watching the battle unfold. That said Corvex since taking over CWH hasn't done anything for shareholders,and Lakewood seems to be the same. RMR,Lakewood,and Corvex are all for themselves
My take is that you employed by Corvex or Lakewood,why else would you stand up for a scam company that has only owned shares for a few WEEKS.
What I posted was facts,I did not take any side,just called ALL of them crooks.as for you,grow up kindergarten was last year. I know it will be hard but you can always ask MAMA for help
Lakewood is a scam company,they sent a letter a bunch of months ago crying the same thing. Guess what they dumped all those shares,at a gain or loss I don't know. In Dec they first filed with 400k shares and since then they have bought close to 4m more. They are worse than Corvex,which will screw EQC shareholders before they are done. With that said I love what they are doing,it has raised the SIR share price at least 10% during the last month. Do they care about GTW999,good luck if you think so.
RMR,CORVEX,and LAKEWOOD,one is worse than the next,pick your personal poison neither one gives a sh*t about plain jane shareholders
Keystone isn't going to be built with taxpayer money,it is a no brainer. Keystone is a project of a Canadian company,I don't believe that they are allowed to donate to any party.
The repubs aren't against any infrastructure project but they do care about how its paid for.
I think a hefty tax on pure EV's would help,they use the roads same as I do
The volume since the first has been above normal,and the share price is up,more than I can say for the S&P. Does it mean anything,NO,but its better than down on low volume. Pay me the div,thats all I care about at this time. I could sell and pay the fiddler(IRS) but I them have to find a suitable high div replacement to satisty may quest for yield.
Looks like you short isn't doing very well. The tobacco end isn't going to change a bunch and it looks like real estate is a winner. Comes down to where and which way the market is going in general,VGR might be overpriced but then so is everything else.
gtw I thought you would have been put out to pasture by now. Your opinion rants are getting old.
Sir raised the div multiple times since the IPO,its also quite possible that the smaller payout ratio was designed to get the company their investment grade rating. Everything is a conspiracy with you,there are 100's of reits out there to invest in surely a man with your knowledge can find one replace SIR.
I suggest EQC
Looks like the smart money can read SEC filings not like many on this board,my guess is a 2.10 div by the end of 2015 and that is still way below what they could pay
Its getting killed along with the rest of the REITS,but LXP has their own problems,flat earnings and flat div. If things were going well they would have raised the div that is below average for triple nets,they didn't so suffer. Besides that its a dog
Maybe it does matter,sorry charlie,but the company sucks. New management made a killing on the SIR sale and they have reduced debt,other than that Zell and crew are getting a bunch of money for doing nothing. The company has a lot of great assets to go along with some dogs that they don't know what to do with. Guess what they are no better than RMR and you don't even get a few pennies in a div.
Unless they make some positive moves the stock will be go down some more,maybe a bunch
I don't follow the pure play energy mutual funds or related energy ETF's but I am sure that a lot of stocks included in them are down because they sell the whole basket. If an investor has extra funds and knows that an issue will meet earnings and divs there is a lot of money to be made from this selloff