Thanks for the post, Gary. Yeah, I know it's very expensive to desalinate, but I figured advances in technology were bound to be happening. I see where something like 1% of the world's drinking water is now desalinated. It's interesting to note that you've been involved in the venture, but sad to learn about your results. Very discouraging, I'm sure. WOW !! ...... to know that it takes a gallon of water to grow a single pecan !! It's not wonder they're so good !! Similarly, it can take up to fifty (50) gallons of Maple sap to make a gallon of 100% pure Maple syprup. Killer stuff !! Well, if I ever find anything that appears worth looking into in the desalination space........I'll post on the board. GLTY !!
principally involved in desalination of ocean water? They might be stocks with a bright future. Water for human consumption and agriculture is essential, of course. THANKS, in advance, for any suggestions. GLTA!
A higher stock price, resulting from the R/S, will just provide more "room" for short-selling in such a low-volume stock. Everyone probably knows this, yet it looks like it's going to happen anyway. It is a concern, I think.
Perhaps jodie, nowak, et al...... might comment on this.
I'm currently looking at STON as a possible income-generator for retirement in my IRA. I know about the NTBI issues with MLP's in IRA, but there's a $1,000 trigger for tax consequences. Can anyone hear speak to the NTBI content on their K-1's, as relates to the number of shares, in general? I would not be taking a huge position, but I might by as many as 1,500 shares if I could be convinced that I'm safely below the NTBI threshhold. THANKS, in advance, for anyone who is kind enough to reply. GLTA !!
You may be right, but HP has increased dividends for forty-two (42) straight years.
bigdaddy......the .83 was an annual dividend. After that, MAT began paying quarterly at .23/qtr, so it was not a cut at all.
THANKS for the reply. I sure hope this is correct and plays out. It would be very encouraging to see Jack and the Company lay out this timeline in a forthcoming PR. I would like to see such a timeline more firm, than speculative, however. Reality is much better than fluff and sugarcoating, imho. GLTA !!
I cannot provide an argument to the contrary and see your point about the yield differential. I've bought in at 50/50 and the dollar difference is about $125.00 annually, so it's worth looking into. I may swap out, but not sure right now. What is curious, however, is that the BHP volume is so much more than BBL, which is counter-intuitative. The greater volume provides more liquidity, which is nice to have when selling. It's an interesting issue, nonetheless. Thanks for your taking the time to reply. GLTA!!
THANK YOU for posting this. MUCH APPRECIATED !! The issue is confusing, but it's good to know that it appears that it's okay to hold either/both BHP and BBL in IRA accounts. GLTY and to ALL !!
Here is a reply to my IRA question on page 3 of this board:
BHP Billiton is a dual listed company which is a little unusual. BHP Ltd an Australian company and Billiton Plc, a UK company, agreed to combine assets, employees and management, and operate as one company as if merged. They consolidate their books and accounts and dividends are in US dollars. BHP is the symbol for the Australian company BHP Blliton Ltd. ADS [American Depository Share], and BBL is the symbol for the UK company BHP Billiton Plc. ADS. Both ADS's trade in the US markets, but BBL trades at a slight discount to the BHP ADS, for some unknown reason. Both ADS's receive the same US$ dividend (and vote) with no withholding tax.
My advice to you is to go the the BHP Billiton website, Investor tab, read about the company, how it is set up and do your due diligence. I know of no reason not to have either ADS in an IRA. BHP Billiton has a conservative dividend policy and has paid dividends for a hundred years, trying to increase it, or at least hold it, if possible. Dividend policy and history are under the Investor tab. Right now the businesses BHP Billiton, the largest private miner in the world, is in Iron ore, coal, oil and gas, silver, gold, copper, etc., all down right now, but BHP Billiton is a low cost producer, and should get through the tough times and do well when commodity prices recover.
Are you 100% certain you are correct and this kind poster is incorrect?
Are you suggesting that a U.S. income investor should only hold BBL shares in an IRA account and not fool with the BHP shares? I thought the IRA designationg would prevent the withholding of tax. Also, what is the percentage w/h for Australian security tax.?
I think I just found the answer in small print on their website. Based on #2 below, the dividend payable on ADR's is twice what the per share amount shown on the the BHP dividend schedule shows. This is good news, to say the least.
"Please note that BHP Billiton Plc shareholders registered on the South African section of the register will not be able to dematerialise or rematerialise their shareholdings between the dates of 7 and 11 September 2015 (inclusive), nor will transfers between the UK register and the South African register be permitted, between the dates of 4 and 11 September 2015 (inclusive).
1 Dates are subject to change.
2 BHP Billiton Limited and BHP Billiton Plc shares are listed in the form of American Depositary Shares (ADSs) and traded as American Depositary Receipts (ADRs) on the NYSE. Each ADS represents two ordinary shares."