board...I agree that KCAP will probably sell off tomorrow...however, if we take the after hour share price of $3.65 it gives us 'a new current yield' of about 16.4% based on the new lower yield (that is still a decent yield)...! Myself, I expected a possible reduction in the yield and may dollar cost average more shares on any stronger dip in the share price...! Stagg...!
Board members...I added more to my core holdings of NRZ (yield about 16%) the other day and now that seems like a good move (I also added more SFL and started a position AVACF)...I was going to start a new position in NYMT (yield now about 18.7%) after the Fed. raised interest rates, because I thought that it would pull-back even more and I was wrong (maybe tomorrow, ???)...
Most if the BDCL's are also on a roll and I am hopeful that jingle bells 'will continue to ring'...I think that the oil tanker stocks will remain strong (and stronger) for at least the next 6 months and that a lot of banks will start to get more attention (WFC looks good to me)...! I still have some free cash on hand to invest and more revenue stream on the way (the next 6 weeks should be interesting)...! Stagg...!
bob...good posted message thanks...please note, that my previous message may be 'a bit misleading' as oil tanker spot rates are over $105,000 a day, the 'average over-all oil tanker rate' (charters included) is about $66.000 a day...! I do think that FRO operates oil tankers mostly on the spot market...! Stagg...!
gambler...it is my pleasure to check them out for you:
CG (yield about 14.2%) is now rated a 96% sell on the 12 different short, medium and long term technical indicators I use...EPS Q/Q are down -400% and EPS this year are down -40%...gross margin is 44.4%, profit margin is 1.3% and operation margin is -11.4%...the current p/e is 174.33 (which is very bad)...my opinion is, that the current color is very bad, but somebody thinks it will rebound because the forward est. p/e next year is 6...
IEP (yield about 9.3%) has very bad color..i.e. the 12 different technical indicator I use rate it a 80% sell...the ROA is -1.5%, the ROI is -1.45 and the ROE is -9.9%...EPS past 5 years are -25.3%, EPS Q/Q are -17.2% and EPS this year are down -134%...the only good thing that I can find on IEP is they seem to have about $27.00 a share cash on hand (???)...! My opinion, is that we are having another great day in the markets and maybe this is a good time to take a hard look at some of the oil tanker stocks (never trust any of my data or advice, lol)...! Stagg...!
Board members...the U.S. export oil ban will probably be lifted by the end of this week...this will be a boom for a most oil tanker companies as the current spot rate is over $105,000 a day (break even cost is about $23,000 a day)...SFL will benefit from their 7% ownership in FRO and from the quarterly profit sharing agreement...! Stagg...!
william...I know about the ignore button, but it don't stop the cancer from spreading...JK has been trying to turn the SFL message board into a political forum 'for years' and others are falling for it (and it only attracts more trolls)...! Stagg...!
sarge...you are correct, as I just read the article...however, I feel the companies that benefit 'the most' will be the oil tankers (as tanker rates are already well over $105,000 a day and increasing, their break even is about $23,000 a day)...! The smart money will probably start jumping into oil tanker stocks and SFL (among others) will benefit from their 7% ownership in FRO and quarterly profit sharing...! Stagg...!
Board members...please, keep this message board clean and 'don't feed the trolls'...again, one good message can 'make or save' investors thousands of dollars, yet, there is no reward for feeding the trolls (political or otherwise)...! It is almost impossible to find a message board that is not trashed with a bunch of garbage...please, carry all trash 'someplace else' and lets make some more profit...! Stagg...
sarge and other board members...one good investment tip can 'make or save' thousands of dollars for a real investor...yet, politics 'never offer' anything new or different (it is always more of the same old stuff)...! Its not hard to see who are the 'real investors' from those 'who feed' the trolls...! Stagg...!
sarge...great to hear from you as I was worried...we need a few more good investors on this message board like yourself, but I am afraid to invite anybody as I may draw in more trolls...! That said, this is 'a good day in the neighborhood' for me and I am still searching for more value...! Stagg...!
jersey...we have hundreds of message boards that are nothing but personal attacks, name calling, politics, religion and yet some people keep wanting to 'mess up another' good investment board...and all it takes is a few trolls to start it...you posted a good message, yet others 'continue to disrespect us' when they can post it elsewhere...! Real investors would want to protect their investment board (so they can benefit from it)...myself, I make a note of all the political trolls and 'never share' any investment advice with them again... ! Stagg...!
k-bon...BDCL (yield about 20%) is a double leverage (2x) basket of BDC's...my opinion, is that BDCL is a good play for a bull market and terrible play for a bear market...! Stagg...!
update (12/15/15)...we have a nice rally going today and I added more NRZ, SFL and started a position in AVACF...note: AVACF (yield probably over 30%) is 'very low volume' and that is probably good, because the traders stay away form it and the stock can respond on its own merits and I can live with its high yields...I will add more BDCL and PSEC on any future pull-backs...and ARI has my attention....! Stagg...!
k-bon...I added more NRZ, SFL and started a position in AVACF early this morning...I was to slow to add more BDCL (so I waited)...a lot of the Pros are now predicting that a very strong rally is coming (because of a lot of bargains)...! You are a good investor and I think the ice is getting a lot thicker...! Stagg...!
bacon...ARI seems like a safe long term investment to me as it has pretty decent color...it is also nice to see we still have a some real investors (like yourself) that like to check out investments and not talk trash...! Thanks, for the update on ARI...! Stagg...!
Board members...I feel a lot of things 'will start to change' very soon and I am starting to place a few new bets now (and adding to others)...at this time, I favor AVACF, SFL, NRZ, BDCL (which looks great at this price), maybe some NYMT (wonderful color) and several others...! There are so many bargains, I don't really know where to start...! Stagg...!
ed...its very cloudy where I live and I cannot see if the sky is falling or maybe if the sky has some cracks in it...! Be very careful, because I don't know if Santa Clause comes to Florida or not (???)...today, I start my Xmas shopping, maybe some AVACF,NYMT and more NRZ, SFL and etc,...! Stagg...!
k-bon...Santa Clause is coming to town, he may be a bit late, but he is still coming and Santa will bring many gifts to loyal investors, lol...and then 'So Goes January, So Goes the Year'...there will be no coal in the stockings this year, because most of it is banned because of global warning...
A strong Santa Clause Rally will not make back our loses in the past year, but it will be better than a 'sharp stick in the eye'...more, I see bargains galore, just look at some of the p/e ratios...i.e. Yahoo has a p/e of 130 and no yield, yet NYMT has a p/e of 4.9 and a yield of about 19.2%...it would take Yahoo 130 years to return its share price, yet it would only take NYMT about 5 years (I would rather own NYMT)...
Most of the time, a Santa Clause Rally comes near the end of the year, but I think that I am hearing Jingle Bells getting closer...! Trust me on this, because sometimes I am right, lol...! Stagg...!
gambler and board members (update)...I have sold all of my DVHL and CEFL for two reasons; first, I am afraid there may be 'some downdraft' from some of the bond funds, and second, I see a lot better opportunities available in other investment sectors...
I now have plenty of funds to invest/reinvest and I believe we have a major rally coming in the future...while I am still waiting 'for the results' of a Fed. increase in interest rates, I will probably then add more SFL, FRO, NRZ and start a position in AVACF....! This is my current tune-up plan and I do not suggest anybody take the same investment path...! Stagg...!