MORL has only 2 monthly dividend payers, AGNC and ARR. None other and nothing has changed. January's dividend will only reflect Q4 quarterlies which have not change dividend rates from Q3. It is not true that mREITs usually have end of year special dividends and unlikely to see one shown for 2015. This only happens when earnings have been robust for the year and 2015 was not a robust year for mREITs by any means. In fact the industry is at a 15 year low.
Actually you didn't give me "all" the info on finding current Chinese and ROW prices. This indicates to me you do not know other sources. You do not need a subscription to Metal Pages (or a free one) to find out. If you actually did know why use prices from the last Q report as your reference, these are not current prices!
There are 3 sources I go by: ACREI (Association of China Rare Earths Industry), Asian Metal, and Metal Pages. I check ACREI as primary source as this is where I do not need a subscription and there is more information such as daily reports about the industry and the RE Index. I have had free subscriptions to both Asian Metal and Metal pages that only last about a week. I would highly suggest anyone reading that ACREI is the best place to go for current rare earth prices. You will need to translate from Chinese to English, this is done automatically when using Google Chrome.
Yes you ARE wrong and you did not give price per KG and you still do not know. You only give directions to one site and even those direction are not correct. I never look at pure metal prices, only oxides I don't know why you make this assumption but my theory is you try really hard to make one look stupid on this message board only to embarrass yourself in the process. Sorry to inform you but it is both Chinese and ROW oxide prices that are still going up, not down like you state in your last post. NdPr Oxide and Nd Oxide Chinese and ROW prices are still in an uptrend, Pr Oxide prices have been flat for several months.
" if China again decides to cut the export of rare earth as an economic weapon, will Lynas be able to take advantage of the shortage and inevitable price spike?"
I think the WTO ruling has eliminated that possibility. If this ever happened again Lynas shares would spike with REE prices like in 2011. This time they are the only ex- china REE company in production so they would take full advantage in REO prices. 3.5 billion shares outstanding really limits how far high shares will go, very different situation than 2011. If they make enough money to pay off most of the debt and buyback shares, then that would be a game changer shares could go very very high.
I have only skimmed over the AGM report see little in negatives besides the low prices of REEs. No production hang ups. NdPr is still trending higher. Looks like the market finds the report very favorable, 9.7 cents and going higher.
Sentiment: Strong Buy
The 2yr yield is going down with the 10yr. Doubt highly the sell off will last past the fed meeting.
I chuckled when I read: "Over the last 3 years I have collected over $6.00 in dividends."
I count $3.31 since January of 2013 to November 2015 (including the 90 cent special dividend). $6 in dividends makes it sound like you almost made back your money, but with a 22 cent quarterly dividend which was cut from 25 cents, I don't know how you can say $6. Think about the taxes you are paying on the dividends to just get some of your investment back!
You still did not answer my question so I ask you again. What are current non chinese prices per KG? I use Chinese prices as a leading indicator of ROW prices. Now if you think the run up in LYC was based on a slight gain of non chinese prices I would like to see that explanation.
I hope Toly takes you on your bet. I think he has a free trip to Peru. This makes you look like a gambler making this bet. I doubt highly you will cough up the money when you lose!
Market believes AGNC is oversold after the quarter comes out. The dividend is sustained even with the 2/10 spread against them. The quarter answers questions about earnings and dividend sustainability and a good sign for the rest of the space may be oversold.
Sentiment: Strong Buy
LYNAS EXCEEDS NDPR PRODUCTION TARGET
6 January 2016
Lynas Corporation is pleased to announce that NdPr production for the 6 months ended 31 December 2015 exceeded the target of 1,860 tonnes.
As detailed in Lynas’ ASX announcement dated 17 August 2015, the JARE senior loan facility agreement specifies NdPr production targets for each 6 month period from 1 July 2015 to 31 December 2017. As a consequence of Lynas exceeding the first NdPr production target, the interest rate under the JARE facility reduced from 7.0% per annum to 6.5% per annum with effect from 1 January 2016.
Further details will be provided in Lynas’ quarterly report later this month.
"Hey Congress, how about making it illegal for Fed Governors to give public statements"
I fully agree, bunch of rate hiking lunatics. Let's hike into a recession no worries!
There is no information that confirms your claim. Please stop posting this BS.
Alongside declaration of its $0.20 monthly payout (in-line with previous), American Capital Agency estimates book value as of the end of October to be $23.04 per share - up from $23 a month earlier even after the $0.20 dividend.
The stock's close today of $17.70 is a 23.2% discount to Oct. 31 book.
Trends. Your junk bonds have been falling precipitously in the last 3 years in a very established trend. EHI is down over 34% in last 3 years. Funny that your logic doesn't apply to what you have pumping.
Your junk fund EHI is DOWN. You should be busy calculating your losses. I suppose it could lose another 50% but you wouldn't care because you think the dividend makes it OK. Capital loss means nothing.
What is the likelihood 4 raises? Start thinking about about where oil is now (sub $40) and how deflationary this is to the global economy and how likely it is to put the US into recession. Don't fool yourself, the feds will not hike 4 times in the next 12 months with global deflation, a destructive USD and ever slowing GDP rate. Before one makes these assumptions of 4 hikes go to trading economics where you find all the data you need to know. Lots of talk about a flattening or inverted curve but this is essentially against what the feds want to achieve. The real reason why long rates are down is because the slowing US economy. If it were improving long rates would be going up, not down.
A bunch of mREITs will go ex. dividend Dec. 29. I expect a fair amount of selling. I traded MORL in the last 2 weeks and sold today. May step back in after all ex. dividends are done and including MORL's quarterly in January.
No you have made more than plenty of inaccurate statements but when someone points them out you always seem to respond with lots of hot air and bluster. How many times now have you called for shareholder wipeout? Think you are wishing for it just to be seen as proven correct no matter how unrealistic and unlikely it is.
We are all glad though you never did any real due diligence with EDD and took a massive loss. Think about all the time you have spent analyzing a company you don't own vs a fund that lost lots of your money but could care less because the dividend somehow makes it OK. I don't think there is a more definitive representation of a hypocrite than yourself.
Sentiment: Strong Buy