Figure, since they own mortgage backed securities, technically they have claim to the properties. Pay out the required distributions, so guess that's the basis for the term "REIT" they fall under. If some how it dropped under $3, I would take a shot and add some for the income side, Book Value appears around $4.20, but don't like how the hedge on rates have turned out to date. Rates rise, then it may move upward some again, but who knows with the Fed? Me, just collect the 10% plus and deploy the cash elsewhere. Both REITs I hold are in my ROTH account, so taxes, capital gisn/losses isn't a tax issue.
Nope, not me wart, I haven't figured out how to value REITs, they different animals. Do own a couple strictly for income, don't reinvest the dividends, and the 2 I own, O and ARR. Some are more interest rate sensitive, others locked into leases with set yearly increases. Me collect dividends, and when I see fit buy a dividend stock that has raised it's dividend for at least 5 years, if not longer, which I currently hold, and reinvest those. No problem finding them in my portfolio, I have quite a few, and so far RF isn't one of them. Few more years, if they can continue, and going by cash flow, they can, increase their dividend, then they might just make the list. Right now though too many better opportunities. Won't add to my ARR, too hedged protecting from rising interest rates, and that doesn't look like it will happen in the first half of the year, and O yeah, on dips I will.
In other words, Uhm, I ain't got one, you just don't wanna be called out for what you are, a wanna be. Just my 2 cents, don't spend 'em all at once. Come to think, you spread your "venom" here, turn about is fair play. Give me a link!
Did that for a bit, I just ended up with S's and giggles withdrawal
Usually on these boards and people hiding behind their keyboards, the ones who tend to do best are the ones that don't brag about how much they make. They are the ones who either are losing money or those that don't invest and just sit behind said keyboard and type away. Maybe start showing some intelligent posts, no, for most, buy buy buy, or this is going to the moon is not concrete DD, and is useless information to any serious, or novice investor for that matter. But your bravado and stupidity is very amusing. I say buy buy buy SPY (only say that cause it rhymes (I am a closet poet).
Dang a bone with no meat... go figure, 1 post in last 3 months scream buy buy buy. Seems Toronto is a nice place to visit, bad place to get info and invest. Did you buy it around $10 and scream it was going to the moon? Thanks, I'll listen to my daughters to get some ideas. Yup, they the ones spending money, but nice try, I be surprised if it gets close to $3 in the next 3 - 6 months, unless they release blow out earnings. PE ratio not bad, just the sector, no analyst coverage per se, but that's just my quick glance. Maybe for "S"'s and giggles I look at it over the weekend. If research and numbers crunching says maybe you have an idea, then, I be willing to give you some credit, but maybe it will be your the nut even the blind squirrel gets once in a blue moon.
Well, let's just say not your target price of $13 plus you predicted for last year, not even my $11.25 I predicted for end of last year, but for a 12 month target, well, came fairly close as it was pushing $10.77 last few days of the year before the bottom rotted out. Figure when we find out exactly when the Feds move on rate increase, we get a better idea of where it might go. Right now, before year end earnings announcement, and maybe some forward guidance from the company, maybe $10.50 - $10.75.
On a side note, have you thrown a dart yet? I have cash sitting on the sideline waiting to buy something.
Dang, you speak nothing and listen to less. Told you never shorted a stock in my life, but you didn't comprehend obviously. Told you have owned RGBK/RF since the 90's you didn't comprehend. Told you RF was overvalues and ahead of itself in the $11's, you didn't comprehend. What is it exactly you can understand so we know what to say to you? Oh heck, you probably don't even comprehend that either. Anyhow, some of us research, crunch some numbers and all, but most of all we are realists, we have realistic expectations and if in your small mind that makes us "shorts", well, you know even less about investing than the little we give you credit for, which happens to be very little. See, some people read our posts, take in to consideration what we have to offer, do their own DD, and then make a decision. Now, that's what this place is supposed to be for, not I did my granny, she gave me her social security check invested it in RF going to the moon, only to watch it go from $13 here we come to $9 and change here we are, or buy buy buy. So, exactly why are you here? No meaningful insight, plenty of crude distasteful comments, and thanks I did get over my eboli, was touch and go for a while. So again, why are you here, I didn't even know they posted the position for the village idiot on this board, but they definitely gave it too the right monkey. Now go through another dart and let me know what to buy next.
And, if one had listened to old wart the last year, year and a half, they would still be so far underwarter (yes, spelling intended), they would think, even a stopped clock is right twice a day. So let's see from a prediction of $13 per share mid last year to a
genious today.... hmmmm, NOT! Oh well, even a blind squirrel gets an acorn occasionally.
Did a back of the napkin calculation while waiting on a meeting. If no rate increase this year, sorry figure around $9.60 target price. From there, if rates do (and me, I am not too optimistic on that), rise, depending on how early max I see is around $10.15. Also, based on current conditions, we might get lucky and get a 10% dividend boost to $0.22 vs my expected boost to $0.24, and my hopes quite a bit back of maybe more up to $0.28. Won't say it is time to bail, going to sit tight and reinvest dividends see how the next few months go. As for my ROTH, I am going to stick with WFC in banks.
Damn fool ya aint gonna make many pennies with one post since you joined today... best you get flooding the yahoo boards with spam if you want to make a dollar today. Now, get to work!
Not sure fracking has a direct corrollation to RF, more rates and spreads. Haven't seen the overlay, maybe send link, know a lot of fracking goes on up this way, but would think, it is more of the harder to get to stuff, not like Texas and Okie oil. Also think fracking cost can decrease as technology improves, but banks will make most when FEDS move, not by the price of oil.
Another one bites the dust!
invst196 60 posts | Last Activity: 10 minutes ago Member since: Jan 27, 2015
Damn signed up today, another idiot, and 14 posts. Was more than I used to make in a month, but today I almost hit it
Dang this loser been a member since Jan. 27, wait that's today..... MORON, loser that's what greggie is
In sum ARR's book value is virtually sure to go up for Q4 2014. It ended Q3 2014 at $4.58 per common share. If it only went up +$0.14 for Q4 2014, then the Q4 ending book value would be $4.72 per share. It is possible that the book value went up more. The share price of ARR as of the close on January 23, 2014 was $3.39. The stock price would have to rise $1.33 (or +39%) just to get to the above ballpark approximation of the current book value. It is easy to see why ARR bought back 4,203,700 of its own shares during Q4 2014.