that it is a strong buy-not just a buy. NRZ seems to be misunderstood by the market. Unless there is something I am not aware of I will add to my position at $6.10. Please inform me if I am why I am wrong or what I am not aware of in being optimistic about NRZ.
It appears to be a real business with a future. The question I have is how are shareholders going to get their legal stake in the company in the future. I am involved in one court action on one of these Chinese companies. There does not look like there is enough interest here to see much happening. Any thoughts or ideas?
We may be making a mistake in selling NRF though as we could be reading too much in Hamo's sale of his stock. He didn't sell all of his position. We need to keep a close watch on the rest of his position in NRF.
Good luck on your purchases. I own all 3 and had planned on keeping them this year but now not sure about what do to. May sell all 3. NRZ and NCT have not done anything since the spin off of NRZ. They have paid dividends though.
They announced the IPO price will be $20 and will start trading 1/15. 3.75 million shares offered in the IPO which will be around 31% of the company.
If there is not an announcement soon it may indicate there is a problem with the the Petroflow deal. Just a thought.....If this does happen EQU will probably drop back under $5 however it would be an great buying opportunity.
Just took a look at ARCP and also ARCPP. They both look interesting at a glance. ARCP pays monthly-ARCPP is trading at 20 and change and par is $25. Need to spend more time on these.
Anyone looking at these. Citi upgraded today with PT of $42 for CQP and $27 for CQH. BTIG upgraded them today with PT of $35 for CQP and $27 for CQH.. On Jan. 7 Credit Suisse came out with an out perform on them. CQH is new-came out last month. I have not bought yet but the potential price increase is interesting with CQP trading at $28.75 and CQH trading at $18.75.
Hard to figure this out. Seeking Alpha just sent an email- probably down as deal increases leverage but deal helps business model.... Deal makes it easier to sell company...Seems to be more positives than negatives. But huge selling although there is buyers limiting the downside.
JP Morgan downgraded EVEP and lowered PT to $38. Still higher PT than JP Morgan gave for LINE and LNCO today on an upgrade for both of them. This is from Investors Village message board.
Although it is hard to gage the safety of these Chinese small caps it looks to me that GURE has a degree of safety that most of these small caps don't have. Just hope any potential buyout offers aren't to low.
The reason I posted here is they compare it to NRZ but 40% cheaper. Article is available tomorrow evening per SA alert. Also says hedge fund just announced it took a 6.8% stake. Thanks for your post. I am not familiar with SA's pro author where article is embargoed till their subscribers get it first.
I get alerts from SA although not a fan usually some authors are informed. I got the email alert this afternoon at 3:27. It says the article is embargoed to all but pro subscribers till tomorrow evening.
Thanks Bob, The Seeking Alpha article is not available till tomorrow unless you are a pro subscriber. The alert mentioned a hedge fund took position of over 6% in CHMI.