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."
Sorry for being so lame, but I've tried to research this and can't figure it out. I own BHP and BBL in my IRA account, just recently purchased them. I am confused about the actual amount of dividends paid. I went to the "Dividends" section of the BHP website and looked at dividend history. I see where they show dividends to be paid semi-annually, with the most recent dividends (paid 03/31/15) at $.62/share. YaHoo shows $2.48/share as the annual dividend, whereas it appears that the actual dividend is only $1.24/share. Is YaHoo's computation incorrect or am I missing something here? THANKS, in advance, for the help and GLTA !!
Jodie.......everyone knows your skeptical, if not cynical, regsarding TTNP and its business model. Regardless of whether the more positive longs disagree with you, there is some truth in what you have posted. It all boils to down the "uncertainty of approval".........., especially after what happened the first time through. Hopefully, this time will be different.......as it should be. GLTA !!
Nowak......your post is along the lines of what I was thinking. Yes, the $15,000,000 will bankroll operations for a while and prevent dilution, but the sales ramp will be slow and it will take a bit of time before royalties come in to support a higher pps. After the "thrill" of approval is gone, I can see the stock continuing to drift and be unstable, while waiting for the royalties to arrive. I don't suspect Braeburn would be interested in a buyout until PB proves itself in the marketplace. Everyone thinks a new drug is going on sale, of course, but my suspicision is that Braeburn has dedicated substnatial effort to trying to get a real handle on realistic guidance (expectation) for sales. Once convinced they have a viable drug, I see them purchasing TTNP.