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Macquarie Infrastructure Corporation Message Board

wareham2620 28 posts  |  Last Activity: Jan 26, 2016 1:25 PM Member since: Jul 8, 2008
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  • wareham2620 wareham2620 Jan 26, 2016 1:25 PM Flag

    I don't think coal will go overnight . But I think it's going .

    If quarterly distribution gets reduced or cut it's time to sell . The stock price will go down fast . But if you're looking for high returns . Here are some stocks I have that pay high returns , you may want to do some homework on . But do your homework . I just buy and hold .

    IEP

    NAT

    SPH , expected earnings are heading up .

    NS

    CLMT , should do well with the low oil cost .

    ALDW

    CEQP

    I also have some others paying less .But have expected earning going up . I like,

    GM

    F

    T

    FUN

    EPD

    Also , GEO, if the prisons stay private .

    I have others . but paying even less .

    Well best of luck to you . I hope you find something you like here .

  • wareham2620 wareham2620 Jan 26, 2016 11:19 AM Flag

    I still think ARLP is the only coal stock to take a chance on . However, I got out at a lost of my purchase price .That is after many years of great returns on my investment with ARLP .The reason I got out was the meeting in Paris and ARLP's earnings heading down .

    Then the railroad article I've read after I sold ARLP stated ,their drop in all shipments. Coal led the decline with a 32 percent drop in carloads . Then you ask why am I here ? Well I just keep looking back to see if I should kick myself in the a$$ yet .

    According to yahoo the earning per share are heading down . TTM $3.47

    this year $





    307 and next year $2.54

    Jan. 13, 2016,MAHA, Neb. (AP) — CSX Corp. expects to deliver lower profits in 2016 as weak demand for coal and crude oil persists and the strong U.S. dollar continues to limit exports.

    The railroad's forecast for lower freight volume suggests the overall U.S. economy may be slowing after several years of steady growth.

    "We're calling it almost a freight recession," Chairman and CEO Michael Ward said Wednesday. "We really think there are some challenges on the industrial side of the economy."

    The railroad's fourth-quarter results showed an overall 6 percent drop in all shipments. Coal led the decline with a 32 percent drop in carloads, but few sectors showed any growth.

    Ward said the railroad will continue working to improve productivity and cut about $200 million in expenses in 2016.

    CSX also plans to reduce its capital spending this year by $100 million to $2.4 billion and park some older, less-efficient locomotives that aren't needed.

    "2016 will be a more challenging year," Ward said. "Volume in the first quarter and for the full year will decline as growth in some markets continues to be offset by the significant impact of continued coal declines, low commodity prices and a strong US dollar."

    Coal demand has fallen significantly over the past several years because of environmental concerns and because cheap natural gas prices prompted some utilities to switch fuels.

    Intermodal shipments of containers that arrive in ports via ship grew 4 percent for one of the only major bright spots in CSX's traffic report. Automotive shipments improved 5 percent in the quarter.

    The Jacksonville, Florida-based railroad said Tuesday its fourth-quarter profit declined 5 percent to $466 million, or 48 cents per share, on $2.78 billion revenue.

    The quarterly results were helped by a one-time property sale that added $80 million, or 5 cents per share, to CSX's profit. Analysts surveyed by Zacks Investment Research expected adjusted earnings of 46 cents per share.

    Citi analyst Christian Wetherbee said the railroad's results were better than he expected thanks to tight cost controls.

    CSX operates more than 21,000 miles of track in 23 Eastern states and two Canadian provinces.

    Its shares fell $1.67, or 7.1 percent, to $22.03 in afternoon trading Wednesday. Its shares are down more than 34 percent over the past year.

  • Jan. 13, 2016,MAHA, Neb. (AP) — CSX Corp. expects to deliver lower profits in 2016 as weak demand for coal and crude oil persists and the strong U.S. dollar continues to limit exports.

    The railroad's forecast for lower freight volume suggests the overall U.S. economy may be slowing after several years of steady growth.

    "We're calling it almost a freight recession," Chairman and CEO Michael Ward said Wednesday. "We really think there are some challenges on the industrial side of the economy."

    The railroad's fourth-quarter results showed an overall 6 percent drop in all shipments. Coal led the decline with a 32 percent drop in carloads, but few sectors showed any growth.

    Ward said the railroad will continue working to improve productivity and cut about $200 million in expenses in 2016.

    CSX also plans to reduce its capital spending this year by $100 million to $2.4 billion and park some older, less-efficient locomotives that aren't needed.

    "2016 will be a more challenging year," Ward said. "Volume in the first quarter and for the full year will decline as growth in some markets continues to be offset by the significant impact of continued coal declines, low commodity prices and a strong US dollar."

    Coal demand has fallen significantly over the past several years because of environmental concerns and because cheap natural gas prices prompted some utilities to switch fuels.

    Intermodal shipments of containers that arrive in ports via ship grew 4 percent for one of the only major bright spots in CSX's traffic report. Automotive shipments improved 5 percent in the quarter.

    The Jacksonville, Florida-based railroad said Tuesday its fourth-quarter profit declined 5 percent to $466 million, or 48 cents per share, on $2.78 billion revenue.

    The quarterly results were helped by a one-time property sale that added $80 million, or 5 cents per share, to CSX's profit. Analysts surveyed by Zacks Investment Research expected adjusted earnings of 46 cents per share.

  • Reply to

    Did You Know?

    by brumar_lv Jan 21, 2016 1:55 PM
    wareham2620 wareham2620 Jan 21, 2016 3:47 PM Flag

    Look at the housing charts from May 12, 1998, pursuant to a settlement agreement . Housing prices shot up because everybody could get loans ,even the people that couldn't afford them . The demand for houses shot up and so did the prices .Ending in many ,many foreclosures .

    Obama was one of the lawyers that filed that class action lawsuit on July 6, 1994 .After the settlement agreement. on May 12, 1998 everybody was buying houses .Then after Obama became president he forced the banks to take the government loans .,Banks like Wells Fargo didn't even want the money .But had to take it and pay it back with interest .

    Yes ,I blame him .

  • Reply to

    Did You Know?

    by brumar_lv Jan 21, 2016 1:55 PM
    wareham2620 wareham2620 Jan 21, 2016 3:05 PM Flag

    Look at the housing charts from May 12, 1998, pursuant to a settlement agreement .

    Have a good day .

  • Reply to

    Did You Know?

    by brumar_lv Jan 21, 2016 1:55 PM
    wareham2620 wareham2620 Jan 21, 2016 2:40 PM Flag

    Just curious, Have you looked up how Obama helped to run up the housing prices ? Now that was the start of a real problem .

    Obama Sued Banks To Force Them To Issue Sub-Prime Loans

    Obama: Giving loans to people that cant afford them A good Idea!

    Obamas own word about how giving loans out to people that cant afford it is a good idea..
    Case Name
    Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
    Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
    State/Territory Illinois

    Case Summary
    Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).
    The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
    Plaintiff’s Lawyers Alexis, Hilary I. (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Childers, Michael Allen (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Clayton, Fay (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Cummings, Jeffrey Irvine (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Love, Sara Norris (Virginia)
    FH-IL-0011-9000
    Miner, Judson Hirsch (Illinois)
    FH-IL-0011-7500 FH-IL-0011-9000
    Obama, Barack H. (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Wickert, John Henry (Illinois)
    FH-IL-0011-9000

  • Reply to

    Well think about that ...

    by wareham2620 Jan 21, 2016 1:16 PM
    wareham2620 wareham2620 Jan 21, 2016 2:06 PM Flag

    Sorry ,I had KMP a MLP.........
    For this price, limited partners will give up yield in the neighborhood of 7% for KMI’s 4.5% yielding dividend, which is now expected to increase 15% in 2015 and 10% in subsequent years through 2020. They will also give up the depreciation shield on the distributions provided by the partnerships, which will now benefit KMI at the company level to the tune of $20 billion over the next 14 years. And of course, if the deal closes as expected by the end of the year, long-term MLP unitholders will face a significant capital gains tax hit.

    This is a great deal for KMI, which has been severely hampered by the fact that its largest MLP affiliate, KMP, had to issue equity yielding nearly 7% to finance growth. KMP would then have to turn over nearly half of the growth proceeds to KMI via incentive distribution rights, taking its effective cost of equity financing above 12%. Now KMI can issue equity yielding less than 5% and keep all of the proceeds from that investment. And the tax depreciation it will acquire from the MLPs under this deal, along with a stepped up basis for their assets following the transaction, is how a corporate family with aggregate annual distribution growth of maybe 5% transforms itself into the payer of a dividend that will grow twice as fast.

  • wareham2620 by wareham2620 Jan 21, 2016 1:16 PM Flag

    "We can delever the balance sheet, internally fund our growth capital needs and/or return cash to our shareholders through either increasing the dividend and/or buying back shares," Kinder Morgan Chief Executive Rich Kinder said on a post-earnings call on Wednesday.

    OK.... How can we believe him ? That is , after seeing what happened to our 10% dividend increases for years to come .

    I still think it a good buy . As it's one of the largest pipelines . However, this is no longer the MLP that had to pay out those nice returns .

  • wareham2620 by wareham2620 Jan 15, 2016 12:48 PM Flag

    I thought $13. would be about the bottom . This came down to fast to last . Any call for the bottom on F .

    Thanks

  • wareham2620 by wareham2620 Jan 9, 2016 10:01 AM Flag

    Sanders wants to End Private Prisons .

    Therefore , I guess the people buying or holding this stock feel , Sanders won't be able to do it . As most of our facilities are in the United States . Without the United States , this stock is nothing . Australia, South Africa and the United Kingdom have very , very few facilities . I can't even find any showing at all in Canada now .

    What am I doing ? For now , I'm holding and hoping Sanders can't do it .

    Please share your thoughts on this .

    Thanks

  • Reply to

    Prison Business

    by financekid299 Dec 14, 2015 9:34 PM
    wareham2620 wareham2620 Jan 9, 2016 8:54 AM Flag

    Bernie Sanders wants to abolish private prisons within 3 years


    September 17, 2015




    JOHN MACDOUGALL/AFP/Getty Images


    Sen. Bernie Sanders (I-Vt.) will unveil a plan Thursday to stop private companies from running federal, state, and local prisons, The Washington Post reports. Under Sanders' proposed Justice is Not for Sale Act, governments would have three years to end private ownership of jails and prisons, which he argued have "perverse incentives."

    "It runs counter to the best interests of our country," the Democratic presidential candidate told the Post. "You should not be making a profit off of putting people in prison."

    About 19 percent of federal prisoners and 7 percent of state prisoners were held in private facilities at the end of 2013, according to a Bureau of Justice Statistics report.

    Sanders' bill will also propose reinstating the federal parole system and removing a congressional mandate requiring Immigrations and Customs Enforcement to hold at least 34,000 detainees per day. —Julie Kliegman

  • Reply to

    Barrons makes GM a top pick for 2016

    by scalebalancer Dec 7, 2015 9:36 AM
    wareham2620 wareham2620 Jan 6, 2016 1:54 AM Flag

    Clinton ..........Lets not forget Obama who signed the class action lawsuit on July 6, 1994

    Obama Sued Banks To Force Them To Issue Sub-Prime Loans

    Obama: Giving loans to people that cant afford them A good Idea!

    Obamas own word about how giving loans out to people that cant afford it is a good idea..
    Case Name
    Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
    Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
    State/Territory Illinois

    Case Summary
    Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).
    The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
    Plaintiff’s Lawyers Alexis, Hilary I. (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Childers, Michael Allen (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Clayton, Fay (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Cummings, Jeffrey Irvine (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Love, Sara Norris (Virginia)
    FH-IL-0011-9000
    Miner, Judson Hirsch (Illinois)
    FH-IL-0011-7500 FH-IL-0011-9000
    Obama, Barack H. (Illinois)
    FH-IL-0011-7500 FH-IL-0011-7501 FH-IL-0011-9000
    Wickert, John Henry (Illinois)
    FH-IL-0011-9000

  • wareham2620 by wareham2620 Jan 5, 2016 8:00 PM Flag

    F and GM are paying around the same dividend now . However, GM has only been paying a dividend again for the last 2 years . F has a much better dividends history . Better gas mileage should keep the new and used cars selling , going forward that is . So I bought some of both .

    Best of luck to all.

  • Reply to

    We'll see 28 soon.

    by uvbenfard Jan 5, 2016 11:12 AM
    wareham2620 wareham2620 Jan 5, 2016 2:02 PM Flag

    True , it is smarter to do your own research . Had to give you a point for that one .My comfort zone is with dividend stocks paying 4% or better .I'm looking to make a living ,not a killing . I'm happy to keep my money and spend it too , over time . I'm an investor, not a trader My research has not been the best and I'm surly not the brightest . However, my portfolio is still in the green over all . But sure shows a lot of red also.

    Oh well have a good day .

  • Reply to

    We'll see 28 soon.

    by uvbenfard Jan 5, 2016 11:12 AM
    wareham2620 wareham2620 Jan 5, 2016 1:35 PM Flag

    No I didn't bet on Wells Fargo, BNSF, IBM, Coke, or American Express . For one thing , I look for dividends of 4% or better . If you don't like Warren Buffett stock picks just what do you like that's better than his ?

    However, I did state , it's smarter to bet with Warren Buffett ,than against him . Then as you pointed out " Warren's BNSF rail cars, earning Buffett literally billions every QUARTER ".Great point . Like I stated ,I would rather bet with him than against him .

    Getting back to GM . If you don't like GM , why are you here ?

    Have a great day while you're thinking about your great picks .

  • Reply to

    We'll see 28 soon.

    by uvbenfard Jan 5, 2016 11:12 AM
    wareham2620 wareham2620 Jan 5, 2016 12:16 PM Flag

    In short , Is it smarter to bet with Warren Buffett ,or against him ? I'll bet with him .

    Best of luck to you .

  • Reply to

    Looking to get in

    by wareham2620 Dec 11, 2015 3:49 PM
    wareham2620 wareham2620 Jan 5, 2016 11:40 AM Flag

    I still think wwe will see $30. But I broke weak today @ $32.38

  • Reply to

    We'll see 28 soon.

    by uvbenfard Jan 5, 2016 11:12 AM
    wareham2620 wareham2620 Jan 5, 2016 11:33 AM Flag

    Warren Buffett has GM . I'm sure he has done his homework . I was waiting for $30. as my entry point . However, I broke weak today @ $32.38

    I was also waiting for a $13. entry point for F. But broke weak @ $13.65

    Well best of luck to you .

  • wareham2620 by wareham2620 Jan 5, 2016 10:28 AM Flag

    I'm in @ $32.38 but I still think we will see this at $30.00
    Best of luck o all .

  • Reply to

    The dividend

    by wareham2620 Dec 22, 2015 11:19 AM
    wareham2620 wareham2620 Dec 22, 2015 12:17 PM Flag

    I'm sorry about that .

MIC
55.58+2.69(+5.09%)Feb 12 4:01 PMEST