How is that working for you? Today's announcement of more of Apollo's (and others) shares being sold, but also that the company will buy these shares and cancel them, thus resulting in a ~4% accretion to earnings. Sounds shareholder friendly to me.
I've held this one (along with several other small WA banks) since early 2012. I am looking for acquisitions and consolidation, which has been happening. This bank has a very small market cap of $64M and 22 branches stretching from the coast to king county. Seems like a tempting acquisition for a bank needing to fill in its footprint.
I am in at $13.38 for 400 shs, now up over 7% in two months. This REIT was not popular when it came out, so I believe it was undervalued. Looking forward to finding out what the yield will be which will be on top of the cap gain.
Looking at the analyst opinions, only one is more recent than 2008, so yes, I would say out of date. The company has been out performing analyst estimates for quite a while. I have been a very happy shareholder for just over a year. I really like these kind of companies that are underestimated. Other ones I include in this category are TIS, ORI, SAFT, RRMS, REED, LEG, USAC, CODI, and WBCO, WAFD, COLB, UMPQ.
Also, making up for the drop after IPO day. I bought that day and am just now a bit ahead. Hopefully, most of the flippers are out and longterm holders are the main holders now.
Perhaps the article was instrumental in informing a wider audience about TCS. They really have very few stores, so huge opportunity for expansion IMO. Where I live, they are across the street from a Crate and Barrel store (which is in a huge upscale shopping mall), another retail company I think that I would like to own for long-term growth if they ever go public.
2/1 split and $3 special announced. Have been routinely beating street's estimates by a wide margin the last 3/4 quarters. Price up nearly 50% in past year for me. What's not to like? Well, a little concerning that special dividend amount has been ratcheting down: $7, $5, $5, $3, although regular dividend has shown steady increases.
Holding for now. I like these small WA banks like WAFD, COLB, UMPQ, WBCO. Also TSBK. Looking for more consolidation/acquisitions, continued dividend growth. Gave up on BANR a while back.
I believe that UBTI (Unrelated Business Taxable Income) in MLP's in an IRA are not taxable until the total for all MLP's in your IRA exceeds $1,000 in a year. Shown on line V on the K-1. Last year I had $89 of UBTI for RRMS while holding 300 units.
After hours +. 58 which is nice. Will have to wait until regular session tomorrow to see if it holds onto any or all of that.
Because it was 12% in one day; I have held for nearly 3 years and had made about 20% during that time, plus dividends. Now, the yield has dropped quite a bit, and there was $700 (500 shs) gifted to me in one day. I cannot tell you how many times I have seen jumps like this in stocks I have only to see the gains evaporate rather than be the beginning of an uptrend.