k-bon (more)...lets not forget, that SFL now owns 27.7% of FRO (which is showing a lot stronger profits) and also gets the profit sharing from FRO a lot sooner (I think quarterly, ???)...! Stagg...!
k-bon...you come up with some very good questions...my opinion is, that SFL management has been doing a good job of making the right decisions in the past and will probably continue to bring more profits forward in the future...! It also seems that SFL has plenty of free cash to keep their business model moving...i.e. at this time their profits have 40% exposure to off-shore drilling, 'still to much', but a lot better than it was...! Stagg...!
t-shorts...I cannot believe the high yields that investors can get at this time, on good quality stocks that still have strong earnings...SFL's profits more than doubled with a strong forward outlook and the stock price is now in retreat...and SFL is not near the only 'high yield quality stock' showing share price weakness...! The wise investors will show some outstanding profits, in the future, from this market pull-back (its now easy to get yields of 10% to 20% on a lot of good stocks and it may get even better in the future, ???)...! Stagg...!
Board members...everybody knows about Bloody October...however, September and October are usually the worst months for the markets and today is the 'beginning of September' this may be real bad (???)...again, I thought that falling oil prices would be a boom for the markets (and did I ever have that wrong)...it just keeps getting worst, even among companies that have turned in good earnings...! Lets hope that I am wrong, but this may be a long 60 days (or longer)...! Stagg...!
k-bon...I think you are right, as corn and soybean 'prices are terrible'...my corn and soybeans look great 'yield wise'...I wonder where the big buyers are going to put all of this grain (???)...rain means grain, and a lot of rain means a lot more grain...! Stagg...!
mark...OSK may be one of the right stocks for you (???)...OSK has a current long term contract with the U.S. military for light weight trucks for 6.7 billion dollars (to replace the Humvees) and has just 'increased their share buy back program' by 10 million shares...the younger investors with a longer time frame that are looking for share price appreciation without the high yields, OSK may be the right stock at this time (I may buy some myself, if it does not increase in share price, before I can find the available funds, as OSK has wonderful color)...! More, some people forget that a billion dollars is 1,000 million dollars and not 100 million dollars (and 6.7 billion is a lot of money, lol)...! Stagg...!
gambler...I read on the NMM message board that NMM seems to follow the price of oil up and down...and 'its true' as we can 'run a comparison chart' with NMM and USO on yahoo and see...same today, NMM is up as is USO...
I would think that the BDI index or China markets would have more of an effect on NMM (???), but the fact is, that the share price of NMM does follow oil prices up and down (check it out)...! That said, I am surprised that SFL has not gone up 'a lot more' in share price than it has on such strong earnings...! Stagg...!
Board members...as we look for beaten down stocks there are many very good ones in the market place...at this time, I like SFL, FRO, BDCL (for future yield and growth) and OSK for the longer term (for price appreciation)...OSK just got a 'huge military contract' that will last for many years (for Billions of dollars)... for the younger investor that is not concerned about high yields and searching for 'increased secure profits', OSK looks fine to me, VLO is another that should continue to shine in the future (for longer term appreciation)...! Stagg...!
Board members...it looks like the hurricane blew its self out and will not hurt the U.S., and because of this UVE is now on the rebound...that said, NMM is also doing the dead cat bounce today...! Its nice to be right one in a while, lol...! Stagg...!
william (I agree)...after more research it looks like the South Pars/North Dome is the largest natural field in the world (Iran)...therefore, it now looks to me like CNBC NEWS 'made a mistake' and the new gas field is the 'largest in the Mediterranean' and it will still be a major plus for the off-shore drilling companies...! It just goes to show that everything we read is not always correct...! Stagg...!
Board members...what could be the largest natural discovery in the world has been found off-shore in the Mediterranean near Egypt...it is over 60 sq. miles in size...state-backed Eni (Italian energy giant company) says that development 'will be quick' as the gas field is near its current facilities...! My opinion is, that this will be 'a strong plus' for a lot of the off-shore drilling companies in the future...! Stagg...!
Board members...NMM (yield now about 21.1%) when 'up 11.6% today' on a lot higher volume...I don't know what the deal was, but it helped make today, a daisy of a market day for me...! That said, PSEC and BDCL are also making a nice run as is LINE and SDRL (note: I do not own LINE or SDRL)...! Stagg...!
sarge...my corn and soybeans are doing great as this will be the best yields that I have ever had...however, the current prices on corn and soybeans are terrible...maybe, this a good time to buy some VLO (???)...! Keep in touch as your messages are wonderful...! Stagg...!
DH...both SFL and FRO turned great earnings (with a strong forward outlook) and they are both joined at the hip...I still find it hard to believe that they have not gone up 'a lot more' than they have...I guess some investors are slow to wake up to the current results...! That said, it looks like investors 'are starting to wake up' to the BDC's...! Stagg...!
ed...I think 'everybody is doing better than me'...at this time I am down -10.5% YTD in Total Returns, while my revenue stream from dividends is still increasing...whats is strange, is that all of my holdings are turning in good earnings (???)...! I understand 'the fear of a hurricane' hurting UVE some, but what about all of my other holdings (???)...! Stagg...!
update...today (08/27/15) I feel the markets are showing the effect of being oversold...i.e. LINE is a good example as it is up over 23% at this time and NADL is up over 32%, I would not buy either of them, but the markets are strongly suggesting that they are oversold...! I am still surprise that we do not see a bigger bounce upward in in FRO and SFL (???)...! Stagg...!
guys...it looks to me like NTI (yield about 15%) has 'a lot better yield and stronger over-all color' than MPC...the Total Returns for MPC over the last two years are 29.8% and the Total Returns for NTI over the last two years are 48.3% (NTI looks twice as good as MPC)....! Stagg...!
Board members...both SDRL and NADL turned in strong earnings...SDRL has earnings of .77 a share (18 cents a share above est.) and NADL showed a profit of 17 cents a share, both are up strong in the pre-market...it looks like a lot the JF companies are all doing fine SDRL. NADL, SFL and FRO...! Stagg...!
Board members...PSEC (yield about 14.2% and pays monthly) has turned in pretty good earnings as earnings are up 24% YOY...'way to much to digest' (and hard to understand), but PSEC is now up .28 cents a share after hours (or about 4%)...! Stagg...!