Board members...this is a guess (and only a guess)...I think that APPLE may be getting into the leading edge on self driven vehicles and some of that type of programing...i.e. electric vehicles, self parking, auto-stop on cruise, better on board blue tooth, back up control and etc.,...APPLE has 'some of the best research engineers in the world' and enough cash to back up 'a lot' of new and different project research (and the launching new products into the market place)...! I just don't think that APPLE is done yet...! Stagg...!
Board members...UVE (yield about 3%) seems to be back on the fast track and still running...UVE has a poor yield but really fast share growth, 'at this time'...a recent chart shows a lot of upside in the last 30 days...! I no longer have a position in UVE and that may be a mistake (???)...however, this is another good day in the neighborhood for us (and that is the good news)...! Stagg...!
gambler...I rate EURN (yield about 15%) a strong buy (I do not own it)...however, I do not like the dividend payout of 'twice a year' instead of four times (sooner is better)...and I don't quite understand the not reposition of shares between May 16 and May 19 (I guess that means we cannot buy or sell shares between those dates)...! Stagg...!
william...I agree that it looks to me like a lot of the oil tankers are over-sold (???)...However, 'most of the oil tankers have been downgraded' except for TNP (yield about 5.3%) which 'is rated the highest' of all the rest (strong buy and buy) ...my opinion is, that a lot of investors have been burned in the shipping sectors and are afraid to to take the another plunge...I also feel the oil tanker business will remain strong as long as there is a glut of global oil (maybe another year)...! Disclosure, I have a strong position in FRO (yield about 18%) and I may add to it...! Stagg...!
william...I will probably also add more FRO (yield about 17.8%) as I feel it is very over-sold...the yield and the current color are wonderful...i.e. the p/e is about 6 and the ROE is 32% (which is outstanding and means their debt is very income producing) plus, the current oil tanker business is strong...! Most of the time, the 'best time of day' to buy stocks is about a hour before lunch time (11:00 AM U.S. time) as the market are usually a bit lower within that time frame....! Stagg...!
sarge...if all the markets would just stay were they are right now, it would be fine with me (of course that will not happen)...my average weight yield is now about 16% (after the run-up since the end of January, when it was higher) and I could live with just that...! Stagg...!
ed...thanks for the reply and the over-sight...the fact is, that 'you often see' a lot of things that some of the rest of us over-look...! Keep up the good work, as we all benefit from it...! Stagg...!
bob...thanks for the information, as it is probably a good deal for both companies...however, it may also hurt SFL's profit sharing from FRO a little bit (???)...that said, SFL and FRO never sit still as they are always moving forward and doing something else..! I always wonder what they will do next (???)...! Stagg...!
Board...companies that do OK when times are tough in their sectors, should do that good or a lot better when things in their sectors improve...i.e. an oil company that does OK now, will probably do a lot better when oil prices increase again...some investors think that beaten down stocks will rebound, but sometimes the hole gets so deep that they cannot get back out...
That said, I do not understand why FRO (yield about 17.5%) has not done a lot better (price wise) than it has (???)...FRO has strong color, a lot of cash on hand, decent cash flow and the tanker markets are enjoying strong business...why would NAT (yield about 10.7%) keep doing a lot better than FRO (???), I must be over looking something (???)...! This is another good day in the markets for me, as my holdings have just turned positive...! Stagg...!
Board...here is another scam...I just got back 'from an investment seminar" put on by TD Ameritrade (free lunch, drinks and of course a sales pitch)...min. investment was $500,000.00 in one of their funds (by Sternech Capital Management)...if an investor did not have that much money to invest, they 'would try' to get you into something else, lol...my opinion is, that it is 'a black mark against' TD Ameritrade for thinking we are that stupid...! Stagg...!
gambler...it was well over 12 months as 2015 was not a good investment year for me...I had a nice profit on LINE, outstanding profits on EVEP and FRO in the past. (FRO was about $75.00 a share at one time and I sold it at about $54.00 a share before it crashed)..and held SDRL for several years and had a small profit (but did give up a lot of profit before I sold it)...
I lost a lot of money on NMM, and dollar cost averaging 'did not help'...my ugly duck at this time is FRO as I own it again...! The problem is that a lot of investors never own a stock long enough to calculate their Total Returns...! More, I am a honest man, as everybody on this message board knows my name. where I live and where I farm (I have nothing to hide)...also check out 'Envolve Engineering' (on search) in Evansville, Indiana (as I also get a lot of information off of my sons)...! How clean is all of this (???)...! Stagg...!
update...I cannot believe how much more rain is on the way as I look at the current radar...I am having another outstanding day in the markets, but I may have to buy some CORN or maybe some SOYB for a 'short term wildcard' play...! Stagg...!
k-bon...I know you were joking with me, but I really did like LINE as I made a nice profit on it...I also hate to see LINE do bad as a lot of good investor have lost money on it...
Some investors seem to forget that it takes a lot of money to move oil from one place to another....that all being said, 'your research is outstanding' and I read all of your messages very careful as you always make some real good points...! Stagg...!
JR...I don't play board monitor...if anybody wants to talk religion, politics or make personal attacks there are plenty of other message boards to do it on...I started this 'all purpose message board' over 10 years ago and I try to keep it about investing...why do others want to trash it up (???)...
Just tell me why you cannot go to another message board to talk your politics (why do you keep doing it here, ???)...this is one of the few good investment board around, why trash it up (???)...a message board is for talking about our investments....more, talking about 'our investment' on a investment message board is not pumping (that what a message board is for)...
I try to not fight or argue...but what about pumping doom and gloom all the time (???), what does that have to do with investing (???)...you an everybody else knew this was a good investment board when you came here (and that is why you came)...so why mess it up (???)...there was only a message about once every two weeks when I came here...
I did not like the RSO message board so I made the SFL message board a decent all purpose message board and if you guys don't like it go start your own message board (I promise not to bother you guys at all)...! Stagg...!
william...I am very sorry to hear about your on-going drought...at this time, the U.S. has about 63% of the corn planted (of course, some of that corn will be wash out and lost), it is est. that 'we lose' a bu. a day per acre for every day after May 1 that we plant corn..i.e. farmers that planted corn today would get about 12 bu. to the acre less...that is based on the amount of sunlight in a growing season (heating degree days) for corn...
I am sitting here now looking at the radar and it is still raining hard almost everywhere that U.S. Mid-West crops are grown (corn and soybeans)...if it stopped raining right now, it would be at least a week before we can into the fields and plant again...a lot of corn ground 'will go into soybeans' because it will be to late to plant and get a decent corn crop...! Yep, that is the way that farming goes (I now have had about 6 in. of rain and it is still raining very hard)...! Stagg...!
Board members...we are getting a lot of very bad storms and heavy rain...some places around me have had over 6 in. of rain and we have a lot of flash floods...my corn is about 7 in. tall and has not had any hail yet (???)...a lot of corn is not planted and some will have to be replanted...it will probably be a while before I get any soybeans planted...if the weather don't clear up soon, we will see a reflection of it in corn and soybean prices (as it is the whole Mid-West, which is the heart of the corn and soybean growing belt)...! Stagg...!
m-gas...you made 'an excellent point', a lot of energy companies did not management their cost, because it was not necessary, at that point in time (as oil and natural gas prices were a lot higher)...! The fact is, that they better manage their cost now...! Stagg...!
JR,(aka, allnightdate)...why do you seek to bash me (???) as I have always been nice to you...I did ask you to stop posting political messages and you have been upset about that ever since...I also remember when you would argue with G-facts about everything except investing...! This is an investment board and not a bash other investors board...and that is what we do, we talk about our investments (and not bash other investors)...! Stagg...!
k-bon...is correct as LINE was one of my favorites as well as EVEP and FRO and I made a nice profit on all three of them...some investors got upset, 'in the far past', when oil prices were over $100.00 a barrel, because I said that LINE was not getting enough product out of the ground and into the market place...
The problem with large land based oil companies is that they reach a point where they are shutting down as many wells as they are drilling...because with land based oil companies, the 'first year is the most productive' and then it is mostly down hill...! A lot of energy companies started losing a lot of money when oil prices were still over $75 to $80 dollars a barrel...and we are still a long way from that number....! Stagg...!
DH...I think it would be sort of hard for 'one of us' to post two different messages at the same time, lol...that said, we always have a good chance of a 'mid-summer rally' later on...! Stagg...!