Board members...I have posted several messages on ARLP (yield about 10.6%) and since my last posted message on ARLP it has 'loss about 50% of its share price' because of lower coal prices and a poor forward outlook in the coal industry...I read today where ARLP is buying out the remaining interest in the White Oak coal mine near my farms in Hamilton county Illinois...
I find it strange (???) that ARLP keep spending more funds (about 50 million dollars) to keep growing their business when coal prices are low and the forward outlook is so poor...I also know for a fact, that ARLP is still on the fast track to open a second coal mine in Hamilton County Illinois...! Disclosure, I do not not own any ARLP stock, but I do have some coal leases signed with them and enjoy revenue stream from the leases...! Stagg...!
g-hoeh...no news yet on a special distribution...however, I added more SFL shares today as some feel that SFL has a potential upside of 43% due to the future outlook on higher earnings...what if they are wrong and SFL only goes up in value by 20 or 30% (???)...! Stagg...!
update...I added more NYMT (yield about 14.3%), SFL (yield about 10.2%), NMM (yield about 16.3%) and KCAP (yield about 14.8%) today...! Stagg...!
sarge..first, LINE did not do a very good job of showing and growing profits when oil and natural gas was a lot higher...second, LINE is selling off more assets and has also struck a deal (while giving up more profits) to have another company (GSO) drill new wells for them...my opinion is, that LINE is in the survival mode and not the profit mode...! Myself, I feel the risk vs reward is not worth it with LINE...! Stagg...!
update...after a bit more research, it now looks to me, as I read it, that after the merger Hemen will own 52% of the combined company and 'SFL will own 7%' of the combined company...I am 'surprise to read' that SFL is also a FRO and a FRO 2012 shareholder (which 'is different from just lease payments and profit sharing' from ships that SFL leases out to FRO)...! bob, k-bon or somebody, jump in here and correct me on some of this if I am wrong (???)...! Stagg...!
chad...it obvious that we (SFL shareholders) only get profit sharing on the ships that SFL has leased to FRO...however, what is good for FRO is also good for SFL, because if a company was to go bankrupt, 'all of the company goes bankrupt', not just part of it...! More, as FRO continues to grow, I am sure they will continue to model more business with SFL in the future (I am also surprise that they were talking about investing, and not religion or politics, on the FRO message board)...! Stagg...!
Board members...it looks to me like SFL 'will benefit from the merger' between FRO and FRO 2012...a stronger FRO is always good for SFL (profit sharing and etc.)...! Stagg...!
For the record...I only have 100 shares of MLPL as it is not a core holding...however, I did make a nice profit on LINE and EVEP, plus a smaller profit BBEP...I also made a outstanding profit on FRO as I sold it at $54.00 a share...! Did anybody notice WMC had a nice day in the market today (???)...! Investors that don't like energy can still buy some LMLP (yield about 13.4% and pays monthly)...! Stagg...!
sarge...I just got a nice dividend on SFL and I have a lot of dividends coming next month...that said, I am trying not to post to many messages because If I don't have anything good to say, it is probably best for me to not say anything at all, lol...! My stocks are fine, but this market really sucks, lol...! Stagg...!
k-bon...I agree that Total Returns are very important...i.e. the 'Total Returns' on LINE for the last 12 months is -66%, the last 3 years is #$%$9% and the last 5 years is -16.4% (source is dividendinvestor)...I also agree that nobody has a true crystal Ball to the future (not even Raymond James)...! Good luck on all of your investments...! Stagg...!
Board members...I strongly disagree with the Raymond James rating because the current and forward color on LINE is terrible: LINE (yield about 14%, if they can keep paying it) gross margin is 84.8%, operating margin is 45.4%, profit margin is -15.5%, ROI is 1%, ROA is -4.7%, ROE is -17.1%, EPS next year is -71.7%, EPS next 5 years is -14.%% and the income is -712.3 million dollars...the forward p/e est. is 115...LINE has gone down 76% in share prices since I sold it without the yields added back...
The short, medium and long term technical indicators that I use rate LINE and over-all average of a '100% sell'...my opinion, is that LINE did not do a very good job of showing a profit when oil prices were a lot higher and I cannot see were their hedges have helped them show a profit in the past...I also feel they are 'to big to grow' and 'cannot manage the business' they have at this time...it also looks to me like their acquisition opportunities in the past 'have been a failure'...! Lets hope I am wrong about some of this...! Stagg...!
syz---zys...I don't like CRESY (yield about 2.3%) as it as 'very poor color'...i.e. gross margin is 15%, operating margin is -5.8%, profit margin is -23.4%, ROA is -7.45, ROI is 15.6% and the ROE is -46.6% (the income is -117 million dollars...the current trend on the 12 different indicators that I use rate it a sell...! Stagg...!
update...Board members, it looks like I was right (this time)...as grain prices are moving up on the latest data on wet growing conditions...i.e. GRU is up 6% today, DBA is up 2.3% today and SOYB is up 3.8% today...again, very wet growing conditions seem to be getting a lot worst in some places such as Missouri and North of I-64 and I-70...steep losses have been noted from Missouri to Ohio...! I got a lot of rain last night, but the worst of it went a bit south of my farms...my crops still look good, but the ground is fully saturated and I don't need any more rain for a couple of weeks (fingers crossed)...! Stagg...!
Board members...on one of my watch lists, I have over 70 different stocks in several different sectors and only one stock when up today (NAT when up 2.34%) and all of the others when down with EVEP, RSO and LINE being the worst (as they were all down over -5%)...my opinion is, that we will see a dead cat bounce with a Mid-Summer Rally and then that will probably be about it for this year...
Again, all investors will probably suffer with 'low income growth stocks' #$%$ the worst...high income stocks will give us revenue stream to continue shopping for value and low income growth stocks will probably continue to disappoint more than others...! Just my opinion and lets hope that I am wrong about some of this...investing in 2015 is looking 'like a repeat' of investing in 2014....! Stagg...!
Board members...I never lie...i.e. the proof of the 'Total Returns' on PSEC can be had on 'dividend investor' or the 'buyupside total return calculator' web sites (on my posted data)...just type the sites in 'on search' and check it out...! Stagg...!
sarge...it seems that soybeans 'are effected the most' (all grain crops now suffer north of I-70), and now I see a lot more corn effected than I first thought..i.e. corn; seedings are about 750.000 acres 'below the March estimate' and 43% of the current corn crop is receiving 'twice as much rainfall' as necessary. soybeans; have reduced planted acreage, very wet field conditions and it could set the stage for a strong August price rally based on weather conditions...! The bottom line is, I don't see grain prices going any lower and they should continue to move up...! Stagg...!
Board members...there is a lot of 'excess water damage' to a lot of planted (and non-planted) fields in the Mid-West (the prime growing region of the U.S.) and it seems to be getting worst...the current markets are in a slump because of Greece, but grains price continue to move up a bit...! Stagg...!
william...my opinion is, because they will not take a cut in pensions and other factors, eventually there will be no pension payouts or paychecks for the civil service numbers...the fact is, nobody can borrow their selves wealthy (everybody has to put some skin in the game)...! Stagg...!
Board members...some investors need to do some real homework...the fact is, that PSEC is up 18.05% over the last 4 1/2 years in Total Returns (which is 3.08% annualized) and these numbers do not reflect Compounded Returns if the yields are reinvested...! I wonder how some investors know if they have a profit or loss (???) because they never figure their 'Total Returns' (with yields added back) on their holdings...charts, reflect the swings in share prices, but not the payout of the yields...! Stagg...!
Board members...Its looks like I am right about soybeans (this time)...soybeans prices 'have been moving up' and it now looks like about 875,000 acres of soybeans will be lost, Missouri is very hard hit and other areas will follow, (because of very wet conditions in some key growing areas)...! SOYB may be a good short term play at this time (as it is still raining, 'right now', in a lot of the soybean growing country)...! Stagg...!