It is hard to say.
I reread the last few conference calls yesterday and there has been some slow down from projections of a year ago. ( I think it was 10-12% projected)
They are still forecasting 4% YOY growth.
Then they had the two announcements in December of Syndicated loans, but they might not add much to Q4.
I do think it is a great buy at these levels...but I am not quite sure why BLX has dropped from the mid 30's.
It does seem to cycle up and down, but not these large percentages.
Brazil seems to be a concern...but they are reducing loan levels there.
Of course, any oil exposure is a concern.
About 7.4% dividend yield at these levels.
I thought a reversal up had started last week but then this week has been a market disaster, until today.
Time will tell...good luck.
Seems like SA has finally seejng they were hurting theirselves as much as anybody.
Oil ahs dropped farther and stayed down longer than even the experts said...from an article...
Prices climbed Friday after the United Arab Emirates energy minister said late Thursday that members of the Organization of the Petroleum Exporting Countries were ready to cooperate on possible production cuts. Venezuela, meanwhile, proposed that OPEC and non-OPEC producers should at least freeze output at the current level.
The market is taking the comments from the U.A.E. minister “seriously because the U.A.E. is doing an about face,” said Phil Flynn, senior market analyst at Price Futures Group.
The U.A.E. was “saying a month ago a cut was going to be over their dead body basically,” said Flynn. “Well, maybe hell froze over.”
Maybe it is just posturing to get some false spikes...they have done that too.
ex-date is shown at Fidelity as 2-11-16
definition I found...
In a nutshell, if you buy a stock before the ex-dividend date, then you will receive the next upcoming dividend payment. If you purchase the stock on or after the ex-dividend date, you will not receive the dividend.
With a large dividend, the price of a stock may move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date. A stock that has gone ex-dividend is marked with an "x" in newspapers on that day.
ex= means you missed out on this dividend.
So, no buys today receive the Feb 24 dividend according to definition.
Are you the same poster who started this thread?
They(PGH) have historically added hedges...I say that will continue.
The price of oil will be higher in 2017 as world production declines.
You are wrong about 2017.
The company has shown that they are taking their hedging gains and continually adding to hedges in future years.
They will be prepared in 2017.
The CEO leaving just before the earnings release for the big expected quarter.
Too bad it wasn't picked for the stock contest...it would have fit right in.
I seemed to remember he owns a lot of shares he purchased on the open market. he should be way under water on them.
I actually made money with MCZ, but after selling I swore off the stock, mainly because of the posters on that board.
The company took one or more posters? to court and the board improved a little.
Have not followed MCZ in several years.
Hopefully the changes will help the stockholders, but all the positions opened are now filled with people already there...no new blood. Couldn't they have brought it at least one new person?
Do a search...."Pickens cashed out of oil stocks"
I saw a story today calling for $38/bbl oil this year.
Production is not falling off quickly enough.
That may be a good sign...he has been wrong for a couple of years.
From an article about it...
So for anyone who listened to the CNBC and BBG commentator, and bought oil thinking he (PICKENS) knows what he is talking about, our condolences:
Pickens won’t start investing again until crude inventories start to fall. In the U.S., commercial stockpiles have risen in 16 of the past 19 weeks and now stand at more than 500 million barrels for the first time since 1930, at the height of the East Texas oil boom.
(This is probably a good point)
“I will not re-enter, I’m sure, until we start to draw on inventories,” Pickens said. “That’s a key point.”
And just like that another rider of the dumb-luck momentum trade has been exposed for the "expert" charlatan he is.
It is a rough oil market right now.
COP cut their dividend this week.
Not trying to be argumentative, but this will be the 5th at 0.385
There was one in Nov 2015 that does not show in the historical prices when you select dividends.