bob...my picture on yahoo is me 'in my farm field with a big buck deer and a red (orange) hunting vest on'...I am a real investor and not a ghost, lol...! Thanks for the information as I think you got it right...! $tagg...!
fred...AWLCF (yield about 19% after currency exchange fees)...AWLCF is up over 35% YTD in Total Returns and' is still running hot'...! I am not a loyal investor, if a holding under preforms, I sell it and move on...! $tagg...!
bud...the footprint of business with FRO keeps getting smaller (which is probably a good thing)...SFL has about 48 charters than are not connected to FRO...therefore, in the future only 35% of SFL's charter business is connected to FRO and actually 'a lot less than that' because some of it is leased out off-shore drilling rigs (high profit)...in the past a lot of people were saying that FRO would bring SFL down with it, they also seem to forget that all charters terminate at some point in the future and SFL still owns the ships or rigs that they lease out...! $tagg...!
bayman...I guess I am a bit old school but i still feel that the P/E ratio is the most important metric there is (yet nobody ever talks about it)...stocks that have good color, strong drivers and a decent forward outlook should always do O.K.,..however, some stop loss orders 'could be well placed' on our holdings that have done very well or have higher P/E ratio's...
At this time, I am looking for reasons to place some stop loss orders on different holdings...i.e. SFL has a P/E ratio of about 17 which is pretty high 'if its earnings do not continue to grow' at about 20% a year....SDRL on the other hand has a fairly low P/E ratio and should still be a buy at this level...I will place some stop loss orders on SFL because of the high P/E ratio (and because of my profit) and on SDRL because I am showing a nice profit on it (but I feel it is still cheap)...I am also very top heavy in SFL and SDRL in my portfolio and 'that is not good'...
Preservation of capital 'is always important' and high yields help secure our capital and enhance our profit...But, I always worry about Bloody October (with good reason) and it can start in August or maybe not at all...some board members teased me about a Santa Clause Rally but they never said that I was very correct (the market took off and never really look back)...the time of the year can always make a big difference in the markets....
That all being said, I plan to sell about 20% of my 'big winners' or to put some stop loss orders on them...i.e. SFL, SDRL, AWLCF, MLPL and STAG...! Keep the faith and good luck investing...! $tagg...!
Board members..about a week ago i said we would not have a Mid Summer Rally and i was very wrong (it nice to be wrong sometimes)...this is a outstanding Mid Summer Rally for me...am I just lucky and or maybe just holding the right stuff (???)...we will get a correction at some point in time, but the higher the market goes , the more slack we have to play with when the markets pull back...
That said, I cannot believe how good some of my holdings are doing at this time...AWLCF and MLPL are doing wonderful and SDRL and most of the BDC's have been on the come-back trail...! Something is really pushing AWLCF (???)...! $tagg...!
Board members...AWLCF is up big again today (07/23/14) and MLPL is now my leading portfolio gainer (without adding back Total Returns)...the dividends and high yields are rolling in and I am hitting new 'all time highs' again...plus, NYMT, DVHL and MLPL are still on the fast track...
There is also 'a very heavy rain storm' hitting my farms at this time, one of the most powerful rain storms that I have seen in years...there is just a lot of strange stuff going on at this time (???)...! Good luck to all and keep the faith (this is unreal)...! $tagg...!
icon...I don't have a Crystal Ball, but I always buy for the long term and my entry point is where I dollar cost average off of (either up or down)...I feel that AWLCF is a buy right now because of the yield, if AWLCF goes lower in share price then the yield will be higher on the next purchase...the only reason I don't buy more is because I am very heavy in off-shore drilling now...at this time I am adding LMLP to diversify some...
That said, the markets will have a correction some day 'and then they will go higher again' (as they always have)...investors that have high yield holdings will be able to take advantage of a market pull-back and make more profit in the long run (compound returns always win)...I don't do drip, I like to pick the time and place to add more shares...
The markets usually pull back from about August until the beginning of November...However, SDRL and SFL will keep growing and glowing over time...more, I don't feel that a stock is over-heated as long as its business and profits keep growing (an increase in the yield is a good sign and a reduction in the yield is usually a bad sign)...! If 'a good high yield stock' gets pulled down in a market sell-off, just keep the faith, it will go back up again...! $tagg...!
Board members...AWLCF (yield about 19% after currency exchange fees) is still on the fast track and there is a good article on 'Seeking Alpha' today title "Still The World's Most Undervalued Company"....fact is, AWLCF has been rewarding me very well as it is now up 32.6% YTD in Total Returns...! Check out the article...! $tagg...!
Board members...natural gas prices 'tend to follow' the price of corn...if corn prices increased so does natural gas and when corn prices retreat, natural gas does the same thing...! $tagg...!
Board...another correction, should be MSR (mortgage serving rights) and not MRS...! I think I must need new glasses (???)...! $tagg...!
mud...while TWO is not one of my leaders, I do feel it gives my portfolio a 'margin a safety' with its MRS holdings...you may want to take a look at LMLP and NSLP as both of them seem to be 'moving to the fast track'...! $tagg...!
sarge...only a 'real grass root investor' could post a message like that, great research and good for all of us...please keep up the good work as I am very impressed...! You are becoming the 'lean mean information machine'...! Nothing beats 'real data by real investors' that have there own money on the line...! $tagg...!
sarge...I almost sold my TWO (some time back) and then it started doing a turn around when they got into the MSR's and now it is another one of my 'green money machines'...I think that I will keep it a while longer as it has become very stable...
That said, my MLPL is about to over take my SFL which is my long term portfolio leader and AWLCF is now running in third place (without Total Returns)...this is another happy day for the home team...! $tagg...!
mark...I am glad you are back (I missed you, I really did), even though we sometimes disagree, you always get me thinking and our message boards can get a bit boring sometimes without you...that said, I did read a message about NSLP (yield about 9.9%) on the SFL message board...you know I don't care much about oil or natural as investments (at this time)...however, NSLP looks pretty good to me and after researching it as I like the looks of its color, drivers, charts and etc., ..! What do you think about NSLP (???)...! $tagg...!
k-bon...I don't like to disagree with other investors because when I do they usually get mad at me...however, it does bother me that SDRL has a lot better color than SDLP, yet a lot of investors think that SDLP is a lot better stock to own...
I am not knocking SDLP as I think it has a bright future, but the color of SDLP is 'not as good' as its parent company...the debt of SDLP is more than its market cap. and the SDRL market cap. is more than the debt...
When I look at the color (the key statistics) of both companies SDRL is the winner in almost every metric...again, SDRL has 1.5 billion dollars of cash reserves at this time and 'that is a big deal'...SDRL is the company that has a stake in all of these other companies (the other companies do not own SDRL)....
All Board members, please look at the color (key statistics) of SDRL...i.e. a 63% return on equity is a big deal, a109% profit margin is a big deal, quarterly earning growth YOY of 650% is a big deal and to borrow more 'income producing funds' at 2% over LIBOR is a big deal...! O.K., beat me up, I am a tough old guy and I can take it, lol...! $tagg...!
correction...bud, I already have a core position in MLPL (and I am well pleased with it)...I will add 'a lot more' to my LMLP first and then CEFL and DVHL...I probably should add more to my MLPL, but I am forcing myself to diversify....! $tagg...!
bud...at this time I am still building core positions in DVHL, CEFL and MLPL (I already have nice core position in BDCL)...I will probably add more to MLPL first...! That said, I am seeing a lot of very good investment opportunities out there at this time..! $tagg...!
bayman...these stocks are from my "watch list' (not my portfolio) and I only own seven of them, I do not own NRF, VLCCF, SDLP and BBEP....however, I am well pleased with all of my current holdings and I am not changing anything at this time...I am up 12.3% in Total Returns at this time (this is also a big dividend and high yield month for me)...I feel that most of the BDC's are oversold and this is still a good entry point for a lot of them (i.e. BDCL, HTGC, PSEC and etc.)...! I do plan to add 'a lot more' to my MLPL (est. yield maybe 14%) holdings, in the future, when I have more available funds...! $tagg...!
Board members...I have about 75 stocks 'on my watch list' at this time and here are some of the YTD leaders in Total Returns...
NRF (yield about 5.9%) is up 60.7%
VLCCF (yield about 5.2%) is up 50.4%
MLPL (yield about 8.2%) is up 34.2%
AWLCF (yield about 19%, after fees) is up 31.6%
SDLP (yield about 6.4%) is up 26.7%
STAG (yield about 5.4%) is up 22.2%
CEFL (yield about 17%) is up 20.5%
DVHL (yield about 12.2%) is up 19.3%
BBEP (yield about 9.1%) is up 18.4%
NYMT (yield about 13.3%) is up 18.3%
SFL (yield about 8.9%) is up 17.8%
I make no suggestions, but some investors may find this interesting, as these are some pretty good returns for only about 6 months...! $tagg...!
k-bon...something does not add up (???)...why would SDRL be raising more funds when they have 1.5 billion dollars in cash reserves (???)...I think there is more to the story, is SDRL launching another company (???)...is SDRL buying a lot more rigs for SeaMex (???)...are they issuing more convertible bonds so JF can buy a a lot of them...(???)...! I think there is a bit more to this story to be had in the future...! $tagg...!