Board members...william, is a very intelligent, well traveled international investor, with outstanding knowledge of the global economic platform and this message board will suffer without his future wisdom...! Stagg...!
Board members...the more we outlaw guns, the more 'we create a black market' for them..it is already illegal for a felon to own a gun in the U.S. (but they still have them)...illegal drugs are against the law, but the use is still growing...! How many gun stores are there in the Mid-East...? Stagg...!
Chad...I see no reason for SFL to reduce their current yield (they may increase it)...more, 10 years ago my revenue stream from my yields (on investments), was about 12k a year and now it is over 49k a year and still growing (compound returns always win)...
I go for the high yields with strong color and if a company reduces the yield a lot, then I switch holdings and look for other value (and I always dollar cost average into a holding over time)...! I just had eye surgery and have not been posting very much as it is very hard to do...! I have started new positions in CPLP, GSL and I just added more SFL (the recent rally has been very good for my portfolio)...! Stagg...!
william...I think we need to put a pig on every airplane and passengers have to 'pet the pig' to get on the airplane, lol...! 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...!
Board members...JF has a long history of making the right financial moves and investors have a long history of second guessing him...! I am sure that JF knows his business a lot better than we do...! Stagg...!
mark...you seem to have a negative hang-up about most high yield stocks, unless they are related to energy...that is OK, because I do have a hang-up for high yield holdings...because, I usually fail to show a decent profit from just capital gains...please remember, that BDC's pay high yields because they 'are required to' and not to make investors happy...! Most of the time, a low yield is a warning sign on a REIT or a BDC...It would also be helpful, if you would start posting 'what you think will work' (???) and not what you think 'will not work'...! Stagg...!
update...PSEC just turned in 'very strong earnings'...i.e. the yield is secure and they beat by .03 a share...the earning report is very long and complex, but all is very good and the forward outlook is wonderful...! At this time the stock is up over 10% after hours...! Stagg...!
sarge and board members...I find it strange that mark always like to point out some investors holdings that have retreated in share price, even when all of the markets are also down...his personal attacks on other investors and their holdings is getting very old...! When somebody loses their job, some call it progress, but when they lose their job, they feel a lot different...myself, I take no pleasure in making fun of other peoples misfortunes...! Stagg...!
gambler...I agree with you on the MLP's (not for me anymore)...it seems like every time I play a low yield stock that I get burned...I like your holdings, your investment model and your forward outlook...! Thanks for the reply, I am heading out to go on a family deer hunt for a few days, I hope to do better hunting than I have investing this year...! Stagg...!
norris (aka monkeytalker)...I am a productive member of society as I produce a lot of crops that benefit the global population in food and fuel...i.e. some gasoline prices are now below $2.00 a gallon because of ethanol, as the U.S. refineries do not have enough capacity to produce the fuel we need...! What do you produce (???)...! Stagg...!
Board members...both SFL and FRO turned in strong earnings...FRO earning were not as good as I expected, yet, FRO is showing a decent profit and will start paying a dividend again in December...FRO is paying a lot of profit sharing to SFL (which probably hurts earnings some), but FRO get cheaper lease rates because of it...I am not sure what effect the future merger will have with FRO 2012 (???)...
SFL is doing excellent, profit wise, and is showing strong forward growth...SFL is increasing the current yield some as the new dividend is now 45 cents a share...to much to type, but both SFL and FRO are doing fine with a decent forward outlook...! I am not sure how the markets will react to their earnings (???), but I am well pleased (to date, SFL will have paid out $20.07 in dividends from 06/23/04 until the present)...SFL has had Total Returns of 288.19 % since 06/23.04 which is 12.6% annualized...! Stagg...!
Board members...I am now back from the latest deer hunt and investing is easier than deer hunting, lol...FRO (yield now about 6.4%) seems to be on a strong roll at this time, as the color is still improving...i.e. the EPS this year is up 30.6%, the EPS Q/Q is up 115%, the ROA is 5.8%, the ROI is -6.4% and the ROE is 57.6% (which is outstanding)...
The12 different technical indicators that I use use now rate FRO a 48% buy with a target price of $3.50 a share...most important is, that spot rates for VLCC's are 'now over' $110,000 a day and the break even cost is about $23,000 a day...we also need to remember that SFL owns 7% of FRO and gets a 50% cost sharing from FRO on a quarterly basis on the ships they lease to them...! Stagg...!
bud...I understand your concern about the offshore sector exposure in SFL (about 44%)...however, any investor on this message board, that has not made a visit to the SFL website recently, I strongly suggest that they do so...as the front page is easy to understand and has wonderful information and data (check out the lease dates)...! Stagg...!
gambler...SFL (yield about 11.8%) is probably not at risk at all...as 'some of the highlights' are: the Q/Q EPS are up 158%, ROA is 5.5%, ROI is 5.25 and the ROE is 13.7%...EPS this year are up 25.3%, operating margin is 37.6%, gross margin is 37.6% and the profit margin is 45.4%...current p/e is 9.3 and the forward est. p/e is 6.7...
Everybody on this message board need to visit the SFL website and check out the front page as there is a lot of easy to understand information there (go to FRO on yahoo, click on profile on the left side of the screen and the click on the blue website at the top)...
Myself, SFL is my largest holding and I am adding more shares to it, please remember that SFL 'is not' a shipping company...SFL is a finance company that is tied to the shipping industry...SFL is the one that owns the assets and not the partners that they lease to...! The fact is, that it is a lot harder to grow a good corn or soybean crop than it is show a decent long term profit in SFL (I think both SFL and FRO are doing fine and getting stronger, profit wise)...! 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...jobs increased by 151,000, 4.9% jobless rate, average income is up .5% and the labor force participation is 62.7%...! Not to bad for a slow time of the year...! Stagg...!
Board members...never listen to william unless you want to show some strong profits, lol...i.e. at this time GSL (yield about 29%, ???) is only up about 12% today...! Stagg...!
Board members...investing 'is a lot of fun' and I understand that some investors need additional income from their investments to live on and they get a bit upset...we all need to invest in stocks, that we believe in, and just 'enjoy the ride' as there is nothing we can do to make the markets perform the way we want then to...
A couple of years from now all the markets will be a lot higher, than they are now, and most investors will not even remember the current financial pain...some investors here are still working and building principal and some, who are retired, have enough addition income that they can also keep reinvesting their profits and revenue stream...! Again, investing is a lot of fun and hopefully everybody will chill out and enjoy the ride...! Good luck to all...! Stagg...!