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Intuit, Inc. (INTU) Message Board

stormfront2020 72 posts  |  Last Activity: Jul 2, 2015 2:05 PM Member since: Apr 2, 2009
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  • Reply to

    I'm Calling $4.34 'The Bottom"

    by stormfront2020 Jun 30, 2015 1:46 PM
    stormfront2020 stormfront2020 Jul 2, 2015 2:05 PM Flag

    "It's not technically correct that you can't buy back for 30 days. You can, it's just that there are tax consequences"

    Understood

  • Reply to

    Short

    by ironiceman7634 Jun 30, 2015 8:27 AM
    stormfront2020 stormfront2020 Jul 1, 2015 4:15 PM Flag

    "So once the dividend pays out we are looking at a $72 share price"
    *************************************************************************
    That would be fine by me. Hope your right

  • in these situations.
    Make a note of the number of KRFT shares, share price, & total value at the close today & going forward, until the new stock is issued & begins trading. *Maybe even print the screen*

    Mistakes can & do happen.

  • Reply to

    Anyone

    by rajoy Jul 1, 2015 1:57 PM
    stormfront2020 stormfront2020 Jul 1, 2015 2:36 PM Flag

    Kraft shareholders will receive stock in the combined company and a special cash dividend of approximately $10 billion, or $16.50 per share. Each share of Kraft will be converted into one share of the new The Kraft Heinz Co.
    The transaction will close on Thursday.

    The new company will be listed under the ticker symbol "KHC" on the Nasdaq.

    Your Welcome

  • Reply to

    Long and strong at $35

    by stars_and_stripes888 Jun 24, 2015 3:09 PM
    stormfront2020 stormfront2020 Jul 1, 2015 1:41 PM Flag

    14 Contracts ?
    What was the premium ?

  • Reply to

    I'm Calling $4.34 'The Bottom"

    by stormfront2020 Jun 30, 2015 1:46 PM
    stormfront2020 stormfront2020 Jun 30, 2015 6:42 PM Flag

    "What's your reasoning?
    *********************************************
    Just a 'gut feeling'
    If you look at a 1 day chart, you'll see that it closed @ 4.42 yesterday.
    It opened at 4.41 today, worked up to 4.45 & then began selling off heavily.
    It almost looked like 'panic selling' to me. It only took about 9 minutes.

    So by 9:39 AM EST It had bottomed & began rising & closed at 4.62, only 3 cents below the days high.

    FYI: I sold all shares @ 4.95 on june 15th (See post titled 'Sold Out') Lost about 20.00%
    When you sell shares at a loss, you can't buy them back for 30 days (IRS Rule)

    Tomorrow will be very interesting.
    If it can hold the majority of todays gains, it would be very bullish IMO.

  • stormfront2020 by stormfront2020 Jun 30, 2015 1:46 PM Flag

    'Almost' bought today, until I remembered the IRS 'wash sale' rules.
    I'll have to wait until July 16th

  • Reply to

    ATTN Jack

    by stormfront2020 Jun 25, 2015 12:51 PM
    stormfront2020 stormfront2020 Jun 30, 2015 1:11 PM Flag

    "Why don't you start August 1st and we will see what
    happens over the months & quarters"
    ********************************************************************
    Sounds good to me.

  • Reply to

    crickets chirping

    by wysiwyginlex1 Jun 29, 2015 10:35 AM
    stormfront2020 stormfront2020 Jun 29, 2015 4:29 PM Flag

    "There may be hope there is a rumor that dope dispensing vending machines will be put in the busses to build revenue"

    Not bad, not bad at all :)

  • Reply to

    split

    by habitsowner Jun 18, 2015 9:44 PM
    stormfront2020 stormfront2020 Jun 29, 2015 3:28 PM Flag

    As I always say:
    There's 2.77 BILLION shares outstanding already.
    We sure as hell don't need 5.54 BILLION.

    Collect your dividends & forget about a split

  • Reply to

    Dividend

    by umfressp Jun 22, 2015 3:06 PM
    stormfront2020 stormfront2020 Jun 29, 2015 1:32 PM Flag

    It's already been paid.
    03/02/15 2.817

  • Reply to

    ATTN Jack

    by stormfront2020 Jun 25, 2015 12:51 PM
    stormfront2020 stormfront2020 Jun 29, 2015 11:48 AM Flag

    "Why exactly are we running this BGS vs KRFT experiment……?
    *******************************************************************
    I wanted to challenge you because even though I own BGS, I'm not very confident on it's returns going forward. Dividend payout ratio already over 90.00% - Many of the 'orphaned' brands they purchased look like they shouldn't have been 'adopted'.

    Growth by acquisition can only go so far. Eventually you have to have organic growth. (And not just in a couple of your brands)

    You on the other hand, think it can do no wrong, plus you took every opportunity to dismiss KRFT stock & in a roundabout way, say I was unwise for not selling it.

    So let's just forget the bet altogether.
    I'll keep track of the returns & post them here occasionally just for the fun of it.

  • Reply to

    ATTN Jack

    by stormfront2020 Jun 25, 2015 12:51 PM
    stormfront2020 stormfront2020 Jun 28, 2015 8:45 PM Flag

    "I think you said all dividends go to cash & are excluded from our calculations.
    Is that what you still want….?
    ************************************************************************************
    I thought we could include dividends in our calculations, but not reinvest them in more shares. They would be held in a 'cash' account.

    For instance: If we go by the hypothetical $10,000.00 we invested at the close on Friday June 19th, it would look like this.

    $10,000.00 divided by 29.74 = 336.25 Shares BGS *You*
    $10,000.00 divided by 87.20 = 114.68 Shares KRFT *Me*

    On 07/30/15 when BGS pays the .34 cents, you would multiply that by 336.25
    336.25 x .34 = $114.325

    On 7/31/15 KRFT will pay .55 I would do the same thing.
    114.68 x .55 = $63.074

    Hypothetically, if both stocks were still at the exact same purchase price, on July 31st you would be in the lead by $51,251
    Your $114.325 minus my $63.074 = $51,251

    Your account total would be: $10,114.32
    Mine would be $10,063.07

    Considering the 'special situation' with KRFT in the coming weeks, maybe your idea of waiting until August 1st would make more sense.

    But for now at least, let me know what you think about my dividend's in cash idea.
    I'm going to be very busy this week, so bear with me on any replies.

    Regards

  • Reply to

    Own Any Kraft Part II

    by stormfront2020 Apr 29, 2015 7:08 AM
    stormfront2020 stormfront2020 Jun 28, 2015 1:10 AM Flag

    That was for the post above, who has no place in our
    conversation. He is a continual disruptor with nothing
    of value to share. Less
    **********************************************************
    Thought it might be something like that Jack.
    Thanks for letting me know.

    God how I wish yahoo would bring back the old style message boards. Only they could take a good thing & screw it up this badly.

  • stormfront2020 stormfront2020 Jun 27, 2015 3:07 PM Flag

    "great potential profit if you had sold in December or January"
    ******************************************************************
    True
    But I'm going to hold WEC long term & use it ((along with my other dividend stocks)) for income.

  • Reply to

    ATTN Jack

    by stormfront2020 Jun 25, 2015 12:51 PM
    stormfront2020 stormfront2020 Jun 26, 2015 7:19 PM Flag

    "how will the special $ 16.25 dividend be handled at the time of the merger …?
    *************************************************************************************
    I'm guessing it will be handled like any other dividend. On the ex-day, krafts stock price will begin trading $16.50 lower than the previous days close.

    Not sure. I'll post here when I find out.
    From the kraft web site (the message board is no more)

    Stock and cash transaction, with Kraft shareholders to receive a special cash dividend of $16.50 per share upon closing, and stock in the combined company representing a 49% stake in the new company.

  • Reply to

    Own Any Kraft Part II

    by stormfront2020 Apr 29, 2015 7:08 AM
    stormfront2020 stormfront2020 Jun 26, 2015 12:07 PM Flag

    "don't go to parties you are not invited to"
    I'll take that as a no

  • The Exelon vs Duke vs Southern vs Wisconsin Challenge: Update #020

    Disclaimer: I sold all shares of Exelon @ $36.575 on June 30th 2014

    
At approximately 11:21 AM on Friday August 1st 2014, I bought a hypothetical 100 shares each of EXC WEC SO & DUK & placed them in a watch list.

    Prices paid
    
DUK 1OO @ 73.09
    EXC 1OO @ 31.78
    SO 1OO @ 43.45
    WEC 1OO @ 43.75

    
I picked Wisconsin energy to be the best performer & bought shares in my brokerage account.

    

Returns As Of Thursday June 25th

    Wisconsin +4.67%

    Exelon: +0.79%
    Duke -3.30%
    
Southern -4.23%

    After a short stint in the lead, Exelon fell on it's face.
    WEC is back in the lead.
    Will it stay there ?
    Stay tuned

  • stormfront2020 by stormfront2020 Jun 25, 2015 12:51 PM Flag

    Thought maybe you missed this. Posted it in the' Own Any Kraft Part II' thread

    Since you like B&G foods, & I like Kraft, let's have a little fun.
    FYI: I'm still holding 'all' my BGS shares.

    Let's assume I bought $10,000.00 worth of Kraft at the the close Friday June 19th 2015
    & you bought $10,000.00 worth of B&G at the close the same day.

    $10,000.00 divided by 29.74 = You own 336.25 Shares BGS
    $10,000.00 divided by 87.20 = I own 114.68 Shares KRFT

    To keep it simple, lets assume we both take 'all' dividends in cash.

    BGS pays it's next dividend on 07/30/15
    KRFT pays it's next dividend on 07/31/15

    The bet is simple.
    Whoever has the highest total $ amount 2 years from the purchase date (((((June 19th 2017)))))
    gets $50 from the other.

    Come on, let's have a little fun!

  • While NHI has done well for me, I'd also like to diversify a little.
    HCP compares favorably on 1-2- & 5 year charts, but lags badly on a 10 year.
    34.01% Versus 108.16%

    I doubt NHI will repeat that outperformance in the next 10 years.

    I like HCP's outstanding record of annual dividend increases. A dividend aristocrat
    This is important to me as I just retired & since I'm a long way from S.S. age, I'll have to rely on dividends for a substancial amount of my income.

    There's many other healthcare related reits with similar performance numbers, but there's zero activity on their message boards.

    So here's your chance salesmen, sell me on adding HCP to diversify.

INTU
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