|
Post by alvinthechipmunk on Apr 2, 2022 21:45:56 GMT
|
|
|
Post by xray on Apr 7, 2022 10:36:14 GMT
Business Wire USD Partners LP Completes Acquisition of Hardisty South Terminal Assets and IDR Elimination
Wed, April 6, 2022, 4:14 PM
HOUSTON, April 06, 2022--(BUSINESS WIRE)--USD Partners LP (NYSE: USDP) (the "Partnership") today announced it has closed the previously announced acquisition of the Hardisty South terminal assets ("Hardisty South") from USD Group LLC ("USDG" or the "Sponsor"), and exchanged the Sponsor’s economic general partner interest in the Partnership ("GP Interest") for a non-economic GP Interest and eliminated the Sponsor’s incentive distribution rights ("IDRs") in the Partnership for total consideration of $75 million in cash and approximately 5.75 million common units (the "Transaction"). The cash portion of the Transaction was funded with borrowings under the Partnership’s $275 million senior secured credit facility.
Today, the Partnership’s combined Hardisty Terminal has the designed takeaway capacity of three and one-half unit trains per day, or approximately 262,500 barrels per day, including the newly-acquired Hardisty South Terminal. The acquisition of the Hardisty South Terminal increases the size, scale and growth capacity of the Partnership’s asset base, while optimizing operational and commercial synergies of the Hardisty Terminal in order to capitalize on the growth benefits associated with the Sponsor’s Diluent Recovery Unit ("DRU") program.
The Transaction was approved by the Board of Directors of the general partner of the Partnership based on the approval and recommendation of its Conflicts Committee, which consists entirely of independent directors.
About USD Partners LP
USD Partners LP is a fee-based, growth-oriented master limited partnership formed in 2014 by USDG to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels and other energy-related products. The Partnership generates substantially all of its operating cash flows from multi-year, take-or-pay contracts with primarily investment grade customers, including major integrated oil companies and refiners. The Partnership’s principal assets include a network of crude oil terminals that facilitate the transportation of heavy crude oil from Western Canada to key demand centers across North America. The Partnership’s operations include railcar loading and unloading, storage and blending in on-site tanks, inbound and outbound pipeline connectivity, truck transloading, as well as other related logistics services. In addition, the Partnership provides customers with leased railcars and fleet services to facilitate the transportation of liquid hydrocarbons and biofuels by rail.
Live Long and Prosper....
|
|
|
Post by xray on Apr 15, 2022 15:26:33 GMT
Investopedia Top Dividend Stocks for April 2022 Top Dividend Stocks for April 2022
NLY, NRZ, LUMN, OMF, and TFSL are top by forward dividend yield By NATHAN REIFF Updated April 14, 2022 Reviewed by JULIUS MANSA
Dividend stocks are companies that pay out a portion of their earnings to a class of shareholders on a regular basis. These companies usually are well established, with stable earnings and a long track record of distributing some of those earnings back to shareholders. The distributions are known as dividends and may be paid out in the form of cash or as additional stock. Most dividends are paid out on a quarterly basis, but some are paid out monthly, annually, or even once in the form of a special dividend. While dividend stocks are known for the regularity of their dividend payments, in difficult economic times, those dividends may be cut to preserve cash.
One useful measure for investors to gauge the sustainability of a company's dividend payments is the dividend payout ratio. The ratio is a measure of total dividends divided by net income, which tells investors how much of the company's net income is being returned to shareholders in the form of dividends versus how much the company is retaining to invest in further growth. If the ratio exceeds 100% or is negative (meaning net income is negative), this indicates the company may be borrowing to pay dividends. In these two cases, the dividends are at a relatively greater risk of being cut.
Below, we look at the top five dividend stocks in the Russell 1000 by forward dividend yield, excluding companies with payout ratios that are either negative or in excess of 100%. Dividend stocks, as measured by the S&P 500 Dividend Aristocrats Index, have slightly outperformed the broader equity market. The index has provided a total return of 13.8% over the past year, above the Russell 1000's total return of 13.5%.1 None of the dividend stocks below has outperformed the broader market. These market performance numbers and all statistics below are as of March 22, 2022.
AT&T Inc. (T) has been a longtime member of this list of dividend stocks. However, after decades of raising it every year, the company is cutting its dividend roughly in half due to spinning off its media business. As a result, the new, smaller company will have less cash to give out per share. Also, the shares in the new company that investors will get also are not likely to come with a dividend because that company isn't expected to issue one.
Annaly Capital Management Inc. (NLY) Forward dividend yield: 12.19% Payout ratio: 56.9% Price: $7.22 Market cap: $10.5 billion 1-year total return: -10.3%1 Annaly Capital Management is a diversified capital management company that invests in and finances residential and commercial assets. Its investments include agency mortgage-backed securities (MBS), residential real estate, and middle market lending. The company has about $89 billion in total assets.4 On March 17, Annaly announced a Q1 2022 dividend of $0.22 per common share. The dividend is payable April 29 to common shareholders of record as of March 31, 2022.5
New Residential Investment Corp. (NRZ) Forward Dividend Yield: 9.32% Payout Ratio: 56.8% Price: $10.73 Market Cap: $5.0 billion 1-Year Total Return: 4.6%1 New Residential Investment is a mortgage real estate investment trust (REIT). It provides capital and services to the mortgage and financial services industries. The company invests in assets with stable, long-term cash flows. Its investment portfolio includes mortgage servicing-related assets, non-agency securities, residential loans, and other related investments.6 The company recently announced common and preferred share dividends for Q1 2022. The common share dividend of $0.25 per share of common stock is payable on April 29 to shareholders of record as of April 4, 2022. For cumulative redeemable preferred stock, dividends for Series A, Series B, Series C and Series D shares are payable on May 16 to preferred shareholders of record as of April 18, 2022.7
Lumen Technologies Inc. (LUMN) Forward Dividend Yield: 9.12% Payout Ratio: 53.5% Price: $10.96 Market Cap: $11.2 billion 1-Year Total Return: -17.3%1 Lumen Technologies is a technology and communications company that provides services to consumers and businesses worldwide. It provides an integrated platform that brings together network assets, cloud connectivity, security solutions, and voice and collaboration tools to help businesses utilize their data and adopt next-generation technologies.8
OneMain Holdings Inc. (OMF) Forward dividend yield: 8.15% Payout ratio: 97.0% Price: $46.62 Market cap: $5.9 billion 1-year total return: -1.8%1 OneMain Holdings is a financial services holding company focused on consumer finance, focusing on consumers with limited access to credit from banks, credit card companies, and other traditional lenders. Through its subsidiaries, OneMain originates and services secured and unsecured personal loans and offers a range of credit insurance products. The company operates a network of 1,400 branches throughout the U.S. and provides a digital platform that allows customers to apply for products online.9
TFS Financial Corp. (TFSL) Forward dividend yield: 6.76% Payout ratio: 79.4% Price: $16.71 Market cap: $4.7 billion 1-year total return: -14.0% TFS Financial is a bank holding company, including for Third Federal Savings and Loan Association of Cleveland. Through subsidiaries, it provides services including retail consumer banking, mortgage lending, deposit gathering, and other financial services. It has total consolidated assets of roughly $14.1 billion.10 The company's most recent quarterly cash dividend of $0.2825 per share was payable on March 22 to stockholders of record as of March 8, 2022.11
----------
Comment: ATT explanation is self explanatory. NLY was always a $10 security and over time has continued to decline because of high dividend payouts.... Disclosure: Some of us continue to hold a position in NRZ....
Live Long and Prosper....
|
|
|
Post by xray on Apr 15, 2022 15:52:50 GMT
alvinthechipmunk, Your: CX as a investment
I didn't ignore you, I just didn't see your request. When you get as old as I am, and am used to speed-reading, we tend to miss somethings. Anyway, here is a article on CX by the respected evaluator "Zack's"...
---------
Zacks CX or MLM: Which Is the Better Value Stock Right Now?
Zacks Equity Research March 3, 2022 In this article:
CX -2.32%
MLM -0.59%
Investors looking for stocks in the Building Products - Concrete and Aggregates sector might want to consider either Cemex (CX) or Martin Marietta (MLM). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Cemex has a Zacks Rank of #2 (Buy), while Martin Marietta has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that CX has an improving earnings outlook. But this is only part of the picture for value investors.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
CX currently has a forward P/E ratio of 7.45, while MLM has a forward P/E of 27.03. We also note that CX has a PEG ratio of 0.76. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. MLM currently has a PEG ratio of 2.02.
Another notable valuation metric for CX is its P/B ratio of 0.73. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, MLM has a P/B of 3.59.
These metrics, and several others, help CX earn a Value grade of A, while MLM has been given a Value grade of C.
CX stands above MLM thanks to its solid earnings outlook, and based on these valuation figures, we also feel that CX is the superior value option right now.
----------
Comment: I don't know if we can ever compare a $4 stock with something like MLM share price where I can own 70 shares of CX to 1 single share of MLM. The article is old (last month) but my computer analysis is to avoid CX (currently). Has been on a continual downtrend and you can't blame their current dividend payout (doesn't currently exist). As a penny stock, it fails many current analysis parameters and my (single) opinion is that you had avoided it.... Disclosure: Some of us do not hold CX in current portfolio....
Again, sorry I missed your earlier post....
Live Long and Prosper....
|
|
|
Post by xray on Apr 22, 2022 14:57:41 GMT
MARKETS NEWS TRADING NEWS Part of TOP STOCKS
Top REITs for May 2022 NLY, BXP and LSI lead the pack for value, growth, and momentum, respectively. By NATHAN REIFF Updated April 21, 2022
Real estate investment trusts (REITs) are publicly traded companies that allow individual investors to buy shares in real estate portfolios that receive income from a variety of properties. They allow investors to invest easily in the real estate sector, which includes companies that own, develop, and manage residential, commercial, and industrial properties.
Among other requirements, REITs are required to pay out at least 90% of their taxable income as dividends. A key REIT metric is funds from operations (FFO), a measure of earnings particular to the industry. Some big names within the sector include American Tower Corp., Crown Castle International Corp., and Prologis Inc.
The COVID-19 pandemic has significantly disrupted the commercial real estate industry, as workers around the world have adapted to working from home and various lockdown measures have been enacted. Despite the economy’s recovery, the industry’s recovery has been uneven: the corporate office sector generally has performed worse than residential real estate and apartments.1 Still, the pandemic has been a boon for e-commerce companies, resulting in a surge in demand for related real estate including warehouses and distribution centers.2
REITs, as represented by an exchange-traded fund (ETF)—the Real Estate Select Sector SPDR Fund (XLRE)—have outperformed the broader market. XLRE’s 22.8% total return over the past 12 months bested the benchmark Russell 1000 index, which has provided a total return of 6.4%.3 These market performance numbers and the statistics in the tables below are as of April 19, 2022, except for data from the growth table, which are as of April 20.
Here are the top three REITs with the best value, fastest growth, and most momentum. Best Value REITs
These are the REITs with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you’re paying less for each dollar of profit generated.
Best Value REITs Price ($) ... Market Cap ($B) ... 12-Month Trailing P/E Ratio Annaly Capital Management Inc. (NLY) ... 6.55 ... 9.6 ... 4.1 New Residential Investment Corp. (NRZ) ... 10.49 ... 4.9 ...6.8 AGNC Investment Corp. (AGNC) ... 11.86 ... 6.2 ... 10.0 Source: YCharts
Annaly Capital Management Inc.: Annaly Capital invests in real estate and related assets, including agency mortgage-backed securities (MBS), residential and commercial real estate, and middle-market lending. New Residential Investment Corp.: New Residential Investment is a public REIT investing in the residential housing sector. The company's portfolio includes mortgage-servicing related assets, residential loans, non-agency securities, and similar investments. AGNC Investment Corp.: AGNC Investment invests mainly in residential MBS on a leveraged basis through collateralized borrowings. It uses an active portfolio management strategy to provide risk-adjusted returns. On April 11, AGNC announced monthly a cash dividend of $0.12 per share of common stock for April 2022. The dividend is payable on May 10 to shareholders of record as of April 29, 2022.4
----------
Live Long and Prosper....
|
|
|
Post by xray on May 3, 2022 14:41:28 GMT
alvinthechipmunk, Business Wire New Residential Investment Corp. Announces First Quarter 2022 ResultsTue, May 3, 2022, 6:45 AM NRZ +8.91% NRZ-PA +1.10% NRZ-PB +0.70% NRZ-PC +0.28% NRZ-PD +0.69% NEW YORK, May 03, 2022--(BUSINESS WIRE)--New Residential Investment Corp. (NYSE: NRZ; "New Residential" or the "Company") today reported the following information for the first quarter ended March 31, 2022: First Quarter 2022 Financial Highlights: GAAP net income of $661.9 million, or $1.37 per diluted common share(1) Core earnings of $177.4 million, or $0.37 per diluted common share(1)(2) Common dividend of $116.7 million, or $0.25 per common share Book value per common share of $12.56(1)"New Residential’s performance in the first quarter demonstrated the strength and balance of our company," said Michael Nierenberg, Chairman, Chief Executive Officer and President of New Residential. "Our diversified investment management company performed exceptionally well, generating a ~5% total shareholder return and growing book value by ~10% to $12.56 per share. We expect book value growth to continue in the second quarter given the upward move in treasury yields and the Fed’s expected policy actions," he added. "With $1.7 billion of cash and liquidity coupled with the expected market volatility ahead, we should see terrific opportunities to deploy capital effectively and generate great returns for our shareholders in 2022 and beyond." First Quarter 2022 Company Highlights: Servicing & MSR Related Investments Combined segment pre-tax income of $906.3 million (up from $118.0 million in Q4'21), including $845 million positive mark-to-market changes on our Full MSR portfolio(3)(4) MSR portfolio totaled approximately $626 billion in unpaid principal balance ("UPB") at March 31, 2022 compared to $629 billion UPB at December 31, 2021(5) Servicer advance balances of $3.1 billion as of March 31, 2022, down 7% from December 31, 2021 Origination Segment pre-tax income of $25.9 million (down from $82.3 million in Q4'21)(3)(4) Quarterly origination funded production of $26.9 billion UPB (down from $38.1 billion UPB in Q4'21) Total gain on sale margin of 1.53% for the first quarter of 2022 compared to 1.65% for the fourth quarter of 2021 Residential Securities, Properties and Loans Priced four securitizations representing approximately $1,197 million UPB of collateral, including inaugural single-family-rental securitization representing approximately $268 million UPB of collateral Acquired $540 million of Non-QM loans Grew single-family rental portfolio by 734 units Mortgage Loans Receivable Quarterly origination funded production of $691.7 million through Genesis Capital LLC, representing record quarterly volume Priced inaugural residential transitional loan securitization representing approximately $345 million UPB of collateral (1) Per common share calculations for GAAP Net Income and Core Earnings are based on 484,425,066 and 485,381,890 weighted average diluted shares for the quarter ended March 31, 2022 and December 31, 2021, respectively. Per share calculations of Book Value are based on 466,786,526 and 466,758,266 common shares outstanding as of March 31, 2022 and December 31, 2021, respectively. (2) Core Earnings is a non-GAAP financial measure. For a reconciliation of Core Earnings to GAAP Net Income, as well as an explanation of this measure, please refer to Non-GAAP Measures and Reconciliation to GAAP Net Income below. (3) Includes noncontrolling interests. (4) Includes mortgage company corporate expenses re-allocated from MSR Related Investments to Origination and Servicing segments. (5) Includes excess and full MSRs. ADDITIONAL INFORMATION For additional information that management believes to be useful for investors, please refer to the latest presentation posted on the Investor Relations section of the Company’s website, www.newresi.com. For consolidated investment portfolio information, please refer to the Company’s most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K, which are available on the Company’s website, www.newresi.com. EARNINGS CONFERENCE CALL New Residential’s management will host a conference call on Tuesday, May 3, 2022 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of New Residential’s website, www.newresi.com. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-833-974-2382 (from within the U.S.) or 1-412-317-5787 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference "New Residential First Quarter 2022 Earnings Call." In addition, participants are encouraged to pre-register for the conference call at dpregister.com/sreg/10166255/f2692aef34. A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newresi.com. Please allow extra time prior to the call to visit the website and download any necessary software required to listen to the internet broadcast. A telephonic replay of the conference call will also be available two hours following the call’s completion through 11:59 P.M. Eastern Time on Tuesday, May 10, 2022 by dialing 1-877-344-7529 (from within the U.S.) or 1-412-317-0088 (from outside of the U.S.); please reference access code "4221662." ---------- Comment: Analysis data for NRZ has been extremely positive over the last 13wk period. Currently 10star (last 6wk period) in my world of analysis, Report card 100, power rating 100, Projection going forward 100. Analysis total score for past week was +374 (>279 required), Rf (Safety Risk factor for current Portfolio's) +0.316 (need >+0.310). We must keep in mind that this was once a "PENNY STOCK" (not for everyone). Current dividend (COB Friday's data) 9.62% and @ "increased Discount" to this current article.... Disclosure: Some of us continue to maintain a maximum allowable position in NRZ.... Live Long and Prosper....
|
|
|
Post by xray on May 6, 2022 16:01:41 GMT
Quick review on our Penny Stocks....
We must keep in mind that "Penny Stocks" are the bottom of the pile in any investment that we might be considering. Of the "5" (see Pages #1 and 2) we have been in tracking we should keep in mind that we expect:
1 of the 5 will be above our expectations 1 will be at our expectations 1 will be what we expect 1 will be below expectations 1 will be a disaster
Looking at our 5 again:
1...NRZ (11.16 MktPrc their morning) - fighting for 1st place - 10star Total analysis weekly scoring @ +374 2...KYN (9.15 MktPrc this morning) - fighting for 1st place 10star Total analysis weekly scoring @ +362 3...USDP (6.43 MktPrc this morning) - neutral until they get their terminals rearranged - 7star Total analysis weekly scoring @ +257 4...TWO - (5.26 this morning) below expectations currently ... 1% of portfolio - 2star (sell status currently) Total analysis weekly scoring @ +166 5...WMC (1.43 this morning - stock certificates valued as wallpaper) ... 0% of portfolio - Sold-out previously - 4star neutral currently Total analysis weekly scoring @ +167
* weekly scoring defined as the following: >300 = Buying cycle 250-300 = in neutral cycle 200-250 = below neutral - needs close watching if in portfolio <200 = "DANGER" as current security is seen as a non-performing security
Live Long and Prosper....
|
|
|
Post by xray on May 9, 2022 17:19:47 GMT
Sorry for the double post. Posted on "selling starts" in error....
Why Rising Rates Helped New Residential Increase Its Book Value By Brent Nyitray, CFA - May 7, 2022 at 7:10AM
KEY POINTS
New Residential is a diversified mortgage company. Mortgage servicing accounted for much of the company's profits. The dividend looks safe at the moment. Motley Fool Issues Rare “All In” Buy Alert
NYSE: NRZ New Residential Investment Corp.
Market Cap $5B Today's Change (-2.34%) -$0.26 Current Price $10.87
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More Not all mortgage companies had a bad quarter.
The first quarter of 2022 was supposed to be particularly brutal for mortgage originators and mortgage real estate investment trusts (REITs). The Fed has begun a series of increases in the Fed Funds rate designed to put the brakes on rising inflation. At the same time, the Fed is preparing to let its holdings of mortgage-backed securities decrease.
Rising rates are bad news for mortgage originators, and reduced demand for mortgage-backed securities is bad news for mortgage REITs. New Residential (NRZ -2.34%) managed to report an increase in earnings and book value per share. So what are they doing differently?
A highly diversified mortgage company New Residential operates three basic businesses.
First, it invests in mortgages and mortgage-backed securities and earns interest income from these investments. This is the typical mortgage REIT model. Second, New Residential operates a mortgage origination business where it purchases completed loans from independent mortgage originators and then sells them into the market via securitization transactions. Finally, New Residential is a mortgage servicer, and this business line accounted for much of the company's earnings in the first quarter.
KEY DATA POINTS
Market Cap $5B Day's Range $10.71 - $11.09 52wk Range $8.98 - $11.81 Volume 3,075,648 Avg Vol 5,738,286 P/E (ttm) 4.74
Mortgage servicing rights are an unusual asset because they increase in value as interest rates rise. Here is how they work. When a mortgage loan is completed, there are two assets that can be split off and sold separately. The first is the loan itself, which an investor would hold to collect the monthly payments. The second is the mortgage servicing right, which represents the right to handle the administrative tasks of the mortgage for a fee.
Mortgage servicing performed well in the first quarter The mortgage servicer handles the mundane tasks on behalf of the ultimate investor in the mortgage loan. The servicer sends out the monthly bills and statements, collects the money and forwards it to the investor, ensures that property taxes are paid on time, and deals with the borrower if the loan becomes delinquent. If the borrower ends up defaulting, the servicer takes care of the foreclosure.
In exchange for performing these functions, the servicer earns a fee (usually about 0.25%) or one-quarter of one percent of the outstanding mortgage balance per year. If the borrower makes the monthly payments on-time servicing is a pretty easy job. A servicer handling a $400,000 mortgage will get paid about $1,000 per year.
When interest rates rise, the servicer can expect to get that servicing fee for a longer time. This is because it won't make sense for a borrower to refinance the loan because rates are higher. Nobody is going to refinance a 3% mortgage with a 5% one. This makes the servicing worth more.
For New Residential, servicing accounted for 60% of revenue in the first quarter, which was split between servicing fees and an increase in the value of its servicing portfolio. In the fourth quarter of 2021, servicing accounted for only 28% of revenue. Total servicing revenue increased from $310 million in the fourth quarter of 2021 to $1.03 billion in the first quarter of 2022.
The dividend is well covered
This increase in mortgage servicing also drove a 10% increase in book value per share to $12.56 per share. The $0.25 quarterly dividend was well covered with $0.37 per share in core earnings. At current levels, New Residential pays a dividend yield of 8.7%, which is pretty solid considering the earnings. The entire mortgage REIT and mortgage origination sector is suffering from a tough macroeconomic environment and dour investor sentiment, but New Residential managed to increase book value per share by 10% amid rising rates. New Residential is worth a look for income investors.
----------
Disclosure: Some of us are continuing to hold a full (allowable) position in NRZ....
Live Long and Prosper....
|
|
|
Post by xray on May 26, 2022 19:15:28 GMT
Quick review on our Penny Stocks....
We must keep in mind that "Penny Stocks" are the bottom of the pile in any investment that we might be considering. Of the "5" (see Pages #1 and 2) we have been in tracking we should keep in mind that we expect:
Looking at our 5 again:
1...NRZ (11.09 this morning and expected to continue to do well) 2...KYN (9.28 MktPrc this morning) - Doing well as expected and undervalued 3...USDP (6.16 MktPrc this morning) - neutral until they get their terminals rearranged 4...TWO - (5.28 this morning up +0.02) below expectations currently ... Some insider SELLING this month (97,000sh sold at a low of 4.97) 5...WMC (1.26 this morning and continuing to collapse as expected - stock certificates valued as wallpaper) ... 0% of portfolio - Sold-out previously
Some of us continue to hold our previous positions in the above securities (have increased our positions in both NRZ and KYN)
Live Long and Prosper....
|
|
|
Post by xray on May 31, 2022 18:58:12 GMT
MARKETS NEWS TRADING NEW Here are the top three REITs with the best value, fastest growth, and most momentum.
Best Value REITs These are the REITs with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you’re paying less for each dollar of profit generated.
Best Value REITs Price ($) Market Cap ($B) 12-Month Trailing P/E Ratio Annaly Capital Management Inc. (NLY) 6.50 9.5 3.7 New Residential Investment Corp. (NRZ) 11.11 5.2 4.9 Apartment Income REIT Corp. (AIRC) 44.54 7.0 9.5 Source: YCharts
Annaly Capital Management Inc.: Annaly Capital invests in real estate and related assets, including agency mortgage-backed securities (MBS), residential and commercial real estate, and middle-market lending. On May 17, Annaly announced that it had priced a public offering of 100 million shares of its common stock for expected gross proceeds of roughly $645 million less expenses. The underwriters also have a 30-day option to purchase up to an additional 15 million shares each.4 New Residential Investment Corp.: New Residential Investment is a public REIT investing in the residential housing sector. The company's portfolio includes mortgage-servicing related assets, residential loans, non-agency securities, and similar investments. Apartment Income REIT Corp.: Apartment Income REIT, known as AIR Communities, is a REIT that owns and operates apartment housing communities in the biggest markets throughout the U.S. It owns 84 apartment communities in a dozen states and the District of Columbia. On April 27, the company announced a quarterly cash dividend of $0.45 per share of Class A common stock. The dividend is payable on May 31 to shareholder of record on May 20, 2022.5
Live Long and Prosper
|
|
|
Post by richardsok on May 31, 2022 19:22:08 GMT
Good to see you back, X. I was about to send out an all points bulletin on you.
Clearly I missed the boat on CAPL. Have no excuse, as it was in a 10% trough most of May. My attention has been on PDO, PDI, BCI, ING, CIK OPP and CIK, especially the first three. I have 10% of PV now into PDO & PDI, and apt to buy more. Coverages are just too good and support at these levels may be solid.
I note your SRLP is missing from lists above. Will do a run-through of your newest mentions..... right after my afternoon 'envy harley' fit.
|
|
|
Post by xray on Jun 2, 2022 18:34:20 GMT
richardsok, Your: Good to see you back, X. I was about to send out an all points bulletin on you. Clearly I missed the boat on CAPL. Have no excuse, as it was in a 10% trough most of May. My attention has been on PDO, PDI, BCI, ING, CIK OPP and CIK, especially the first three. I have 10% of PV now into PDO & PDI, and apt to buy more. Coverages are just too good and support at these levels may be solid. I note your SRLP is missing from lists above. Will do a run-through of your newest mentions..... right after my afternoon 'envy harley' fit. ---------- You have to remember that I had to cut back on my posts as some were being deleted and I always got popups that always said "Times UP". Instead of fighting the website system, I chose to post elsewhere. I am now very selective in posting here. Sorry about that.... Looking at your selection of securities, I haven't looked at PDI or PDO or BCIfor a while now (failed previous analysis). I will take another look and get back to you. I follow OPP on my watch list and it has been a disaster (4star (neutral currently in a rising market), with a report card of 25, power rating of only 47. They reduced their dividend a while back because of the collapsing NAV. The total weekly analysis score is only +125 (need >+276 currently). I don't follow CIK or SRLP (dropped from both portfolio and watch list when they were being acquired by another company.... Live Long and Prosper....
|
|
|
Post by xray on Jun 2, 2022 19:29:15 GMT
richardsok, Your: Looking at your selection of securities, I haven't looked at PDI or PDO or BCIfor a while now (failed previous analysis). I will take another look and get back to you. I follow OPP on my watch list and it has been a disaster (4star (neutral currently in a rising market), with a report card of 25, power rating of only 47. They reduced their dividend a while back because of the collapsing NAV. The total weekly analysis score is only +125 (need >+276 currently). I don't follow CIK or SRLP (dropped from both portfolio and watch list when they were being acquired by another company.... ----------- Data remains negative. However, always however's, PDI had a insider buy at 21.34 (7500sh) on 5/18 (while the others have none shown currently).... Live Long and Prosper....
|
|
|
Post by xray on Jun 2, 2022 19:51:08 GMT
richardsok, Your: Clearly I missed the boat on CAPL ----------- Additional news on CAPL from Zacks: Zacks Here Is Why Bargain Hunters Would Love Fast-paced Mover CrossAmerica (CAPL) Zacks Equity Research Thu, June 2, 2022, 8:50 AM In this article: CAPL +0.59% Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times. It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced. There are several stocks that currently pass through the screen and CrossAmerica Partners (CAPL) is one of them. Here are the key reasons why this stock is a great candidate. Investors' growing interest in a stock is reflected in its recent price increase. A price change of 9.6% over the past four weeks positions the stock of this wholesale fuels distributor well in this regard. While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. CAPL meets this criterion too, as the stock gained 10.4% over the past 12 weeks. Moreover, the momentum for CAPL is fast paced, as the stock currently has a beta of 1.88. This indicates that the stock moves 88% higher than the market in either direction. Given this price performance, it is no surprise that CAPL has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success. In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped CAPL earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Most importantly, despite possessing fast-paced momentum features, CAPL is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. CAPL is currently trading at 0.21 times its sales. In other words, investors need to pay only 21 cents for each dollar of sales. So, CAPL appears to have plenty of room to run, and that too at a fast pace. ---------- Live Long and Prosper....
|
|
|
Post by xray on Jun 12, 2022 16:22:43 GMT
richardsok, Chahta, yogibearbull, anitya, chang, Your: Clearly I missed the boat on CAPL. Have no excuse, as it was in a 10% trough most of May. My attention has been on PDO, PDI, BCI, ING, CIK OPP and CIK, especially the first three. I have 10% of PV now into PDO & PDI, and apt to buy more. Coverages are just too good and support at these levels may be solid. I note your SRLP is missing from lists above. Will do a run-through of your newest mentions..... right after my afternoon 'envy harley' fit. @ rischardsok ReferenceMy PREVIOUS Replay:You have to remember that I had to cut back on my posts as some were being deleted and I always got popups that always said "Times UP". Instead of fighting the website system, I chose to post elsewhere. I am now very selective in posting here. Sorry about that.... Looking at your selection of securities, I haven't looked at PDI or PDO or BCIfor a while now (failed previous analysis). I will take another look and get back to you. I follow OPP on my watch list and it has been a disaster (4star (neutral currently in a rising market), with a report card of 25, power rating of only 47. They reduced their dividend a while back because of the collapsing NAV. The total weekly analysis score is only +125 (need >+276 currently). I don't follow CIK or SRLP (dropped from both portfolio and watch list when they were being acquired by another company.... ---------- I did a PIMCO review of all their securities right after my previous review. The result remained the same as they are classified by current computer analysis as not something to currently invest in. Both closed out the week 22.10 and 14.85 respectively.... PDI remains the only one of the bunch that has "some" good parameters. Add to this that a insider (Stracke Thibault Christian made three separate insider buys. 7Feb for 6000sh @ 25.14, 11March 6000sh @ 22.78 and again 18May 7500sh 21.34) continues to buy with the continued MktPrcdropping of PDI.... I also did a PDO review of insider buying and our favorite insider (Stracke Thibault Christian also made three separate insider buys. (9/27/21 2500sh @ 20.79, 12/17/21 5000sh 19.60, and again 2/10/22 15000sh 18.10) continues to buy (and doubling up his previous investments) with the continued MktPrc dropping of PDI... The insider has the same faith, as you, for both of these securities.... Hope it works out well for both of you.... Live Long and Prosper....
|
|
|
Post by xray on Jun 22, 2022 16:36:33 GMT
Insider Monkey 10 Best Railroad Stocks to Invest In Ramish Cheema Tue, June 21, 2022, 9:16 AM
In this piece, we will take a look at the ten best railroad stocks to invest in. If you want to skip ahead to the top five stocks in this list, then take a look at 5 Best Railroad Stocks to Invest In.
The railroad industry is one of the oldest industries in the world, and it is one of those that have proven to be integral to global economic development. For businesses and economies to thrive, companies must be able to ship their goods over large distances, and the train has been used for this purpose before trucks came into play.
Modern day supply chain logistics are bifurcated across two transportation categories. Out of these, inland transportation refers to the methods that are used to ship goods either within facilities located in a geographical area, or from ports to various locations. Typically, either truckload or railroads are used for these purposes, and both have their respective sets of advantages and disadvantages.
Railroads have several advantages over truckloads, as they can often carry more containers through double stacking, have shorter and consistent lead times, are environmentally friendly, and can carry more loads. Their importance to the economy is evident by the fact that in the early history of the United States, one of the first developments which took place was the connection of the Eastern and Western coasts of the country through rail. This led to businesses being able to access larger markets and increase their revenue and customers.
The railroad industry also resulted in one of the richest men in American history earning his fortune from the sector. Cornelius Vanderbilt, also known as 'the Commodore,' was an American businessman who thrived in the steam shipping business and is known for having set up the Grand Central train station in New York City. Estimates that use Mr. Vanderbilt's net worth as a proportion of the U.S. gross domestic product (GDP) at the time of his death, and apply this proportion to the current size of the American economy, peg his net worth equivalent to $143 billion in 2007.
The railroad sector is projected to grow strongly over the coming years. For instance, according to a research report from Technavio, the railroad market is expected to grow by $337 billion between 2020 and 2025, reflecting a comp0unded annual growth rate (CAGR) of 10.14%.
Reflecting the continued importance of railroad transportation, another report which covers the railway connector subsegment also sheds more light on what's to come for the industry. According to The Insight Partners, the market for these connectors might stand at $1.15 billion in 2028, growing from $803 million in 2021 at a CAGR of 5.3%.
Some of the hot stocks in the railroad market that need to be on anyone's radar are Union Pacific Corporation (NYSE:UNP), CSX Corporation (NASDAQ:CSX), and Westinghouse Air Brake Technologies Corporation (NYSE:WAB).
Our Methodology
In order to pick out some of the top railroad stocks that might be worthy of taking a look at, we took a holistic view of the industry and which players might benefit from growth. Once the firms were identified, they were then studied through their analyst reports, earnings coverage, large shareholders, industry developments, and hedge fund sentiment courtesy of Insider Monkey's survey of 912 hedge funds for the first quarter of this year.
Best Railroad Stocks to Invest In
10. Central Japan Railway Company (OTCMKTS:CJPRY)
Number of Hedge Fund Holders: N/A
Central Japan Railway Company (OTCMKTS:CJPRY) is a Japanese railroad and transportation business that is headquartered in the Nagoya city of the Aichi prefecture. The company's primary facility is strategically located in a city that serves as a connecting junction for the three main Japanese metropolitan areas. Additionally, it also operates busses, conducts track maintenance, provides consultancy services, and manufacturers railway machinery.
Central Japan Railway Company (OTCMKTS:CJPRY) raked in 935 billion Japanese Yen during its fiscal year 2022 which ended in May 2022. This marked a 13.6% annual growth and was a turnaround for a company that saw its revenues drop by a massive 55% during its previous fiscal year.
Central Japan Railway Company (OTCMKTS:CJPRY) is one of the top railroad stocks out there because it operates the main high speed railway between Tokyo and Osaka. These two cities have a combined GDP of $3 trillion, which represents 65% of Japan's overall GDP. So naturally, the company is the primary go to for firms and consumers looking to ship goods and commute in the highly valuable region.
Central Japan Railway Company (OTCMKTS:CJPRY) joins CSX Corporation (NASDAQ:CSX), Union Pacific Corporation (NYSE:UNP), and Westinghouse Air Brake Technologies Corporation (NYSE:WAB) in some of the top railroad stocks.
9. USD Partners LP (NYSE:USDP)
Number of Hedge Fund Holders: 1
USD Partners LP (NYSE:USDP) is an American railcar logistics service provider that exclusively targets the highly lucrative oil and gas industry. The company provides terminals to oil companies that allow them to load their products onto railcars, ship oil to pipelines, and more. Additionally, it also leases railcars to the companies for making their shipments in the United States and Canada. USD Partners LP (NYSE:USDP) is headquartered in Houston, Texas.
The railcar company announced in March 2022 that it had entered into an agreement to acquire assets for a railcar terminal in Canada. In a volatile stock market, USD Partners LP (NYSE:USDP) increased its dividend by 2.1% for shareholders of record in May 2022. The Canadian terminal is set to boost the company's free cash flows, and its recent distribution of record in January brought the distribution yield to 8.6%. Additionally, and more importantly, at its latest earnings call, its CEO remained confident in his firm's ability to maintain this track record. As a result, USD Partners LP (NYSE:USDP) provides investors and unitholders with a nice incentive to keep investing in the company.
USD Partners LP (NYSE:USDP)'s sole investor in Insider Monkey's hedge fund portfolio is the renowned Ken Griffin's Citadel Investment Group which owns 12,139 shares that are worth $73,000.
Live Long and Prosper....
|
|
|
Post by xray on Jun 23, 2022 16:47:07 GMT
Something to look at:
CLM and CRF have been disaster type CEF's through many years (with ridiculous premiums attached). However, always however's, both are coming off current RO's (Rights Offerings) and are "Penny Stocks". Looking at the analysis data, they have not been investable. Some of us took a (phase #1 ... 0-2%) flyer on both at 7.92 and 8.41 (with the understanding that we expect the current "PREMIUM" to the NAV will increase (as well as the MktPrc to previous premium levels going forward)....
Anyway, something to study going forward....
Live Long and Prosper....
|
|
|
Post by xray on Jul 20, 2022 18:19:54 GMT
Zacks USDP vs. UNP: Which Stock Is the Better Value Option?
Zacks Equity Research Tue, July 19, 2022, 11:40 AM In this article:
UNP -0.89%
USDP +1.58%
Investors interested in Transportation - Rail stocks are likely familiar with USD Partners LP (USDP) and Union Pacific (UNP). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.
Right now, USD Partners LP is sporting a Zacks Rank of #2 (Buy), while Union Pacific has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that USDP likely has seen a stronger improvement to its earnings outlook than UNP has recently. But this is just one factor that value investors are interested in.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.
USDP currently has a forward P/E ratio of 7, while UNP has a forward P/E of 18.22. We also note that USDP has a PEG ratio of 1.75. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. UNP currently has a PEG ratio of 1.82.
Another notable valuation metric for USDP is its P/B ratio of 5.85. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, UNP has a P/B of 11.10.
Based on these metrics and many more, USDP holds a Value grade of A, while UNP has a Value grade of D.
USDP sticks out from UNP in both our Zacks Rank and Style Scores models, so value investors will likely feel that USDP is the better option right now.
Live Long and Prosper....
|
|
|
Post by xray on Jul 25, 2022 16:19:49 GMT
STOCKS DIVIDEND STOCKS Top Dividend Stocks for August 2022 IVZ, NLY, SCCO, NRZ, and LUMN are top by forward dividend yield By MATTHEW JOHNSTON Updated July 25, 2022 Reviewed by JULIUS MANSA
Dividend stocks are companies that pay out a portion of their earnings to a class of shareholders on a regular basis. These companies usually are well-established, with stable earnings and a long track record of distributing some of those earnings back to shareholders. The distributions are known as dividends and may be paid out in the form of cash or as additional stock. Most dividends are paid out on a quarterly basis, but some are paid out monthly, annually, or even once in the form of a special dividend. While dividend stocks are known for the regularity of their dividend payments, in difficult economic times those dividends may be cut to preserve cash.
One useful measure for investors to gauge the sustainability of a company's dividend payments is the dividend payout ratio. The ratio is a measure of total dividends divided by net income, which tells investors how much of the company's net income is being returned to shareholders in the form of dividends versus how much the company is retaining to invest in further growth. If the ratio exceeds 100% or is negative (meaning net income is negative), this indicates the company may be borrowing to pay dividends. In these two cases, the dividends are at a relatively greater risk of being cut.
Below, we look at the top five dividend stocks in the Russell 1000 by forward dividend yield, excluding companies with payout ratios that are either negative or in excess of 100%. Dividend stocks, as measured by the S&P 500 Dividend Aristocrats Index, have outperformed the broader equity market. The index has provided a total return of -1.5% over the past year, above the Russell 1000's total return of -9.1%.
Only two of the stocks below—New Residential Investment Corp. (NRZ) and Lumen Technologies Inc. (LUMN)—have outperformed the market in that period. These market performance numbers and all statistics below are as of July 20, 2022.
New Residential Investment Corp. (NRZ) Forward Dividend Yield: 9.94% Payout Ratio: 41.3% Price: $10.06 Market Cap: $4.7 billion 1-Year Total Return: 16.6%
New Residential Investment is a REIT that provides capital and services to the mortgage and financial services industries. The company invests in assets with stable, long-term cash flows. Its investment portfolio includes mortgage servicing-related assets, real estate securities, residential mortgage loans, and other related investments. New Residential announced on June 17 that it had taken steps to transition from an externally managed to an internally managed REIT. As part of the plan, New Residential said it would terminate its management agreement and has agreed to pay manager FIG LLC $400 million. The company predicts that the steps will result in cost savings of $60 million to $65 million per year. New Residential also said it planned to change its name to Rithm Capital Corp. (RITM) on or about Aug. 1.
Lumen Technologies Inc. (LUMN) Forward Dividend Yield: 9.05% Payout Ratio: 49.3% Price: $11.05 Market Cap: $11.4 billion 1-Year Total Return: -6.6% 1 Lumen Technologies is a technology and communications company that provides services to consumers and businesses worldwide. It provides an integrated platform that brings together network assets, cloud connectivity, security solutions, and voice and collaboration tools to help businesses use their data and adopt next-generation technologies. The company announced on July 12 that it would expand its Lumen Edge Computing Solutions business into Europe. Lumen Edge Computing Solutions already meets roughly 70% of enterprise demand within 5 milliseconds of latency in the U.K., France, Germany, Belgium, and the Netherlands.
----------
Live Long and Prosper....
|
|
|
Post by xray on Nov 2, 2022 20:33:52 GMT
RITM ... Previously known as NRZ):
NEW YORK, November 02, 2022--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; "Rithm Capital" or the "Company") today reported the following information for the third quarter ended September 30, 2022:
Third Quarter 2022 Financial Highlights:
-GAAP net income of $124.5 million, or $0.26 per diluted common share(1) -Earnings available for distribution of $153.0 million, or $0.32 per diluted common share(1)(2) -Common dividend of $118.4 million, or $0.25 per common share -Book value per common share of $12.10 (down from 12.68 previously)
----------
Comment: RITM (NRZ) closed at 8.40 today with the negative Fed announcement. KYN currently leads the penny stock brigade and is doing extremely well IMHO....
Live Long and Prosper....
|
|
|
Post by xray on Nov 2, 2022 20:57:38 GMT
Current Status: Previous:
1...NRZ (still in play) 2...KYN (CEF still in play) - Doing well as expected and undervalued 3...USDP (still in play) - neutral until they get their terminals rearranged properly 4...TWO - (DELETED" with their 1:4 reverse stock split .... Taken off watch list 5...WMC (1.26 this morning and continuing to collapse as expected - stock certificates valued as wallpaper) ... Taken off watch list
Added to list:
1... HGLB (CEF continues in play ... Doing well .... see HGLB string and other comments ... closed @ 9.70 ....GLO (CEF in play for "NEXT YEAR" after 12/31/22) ... way over valued and in a continuous crash mode because of their policy of a fixed distribution tied to 12/31/21 which cannot be maintained in this environment ....GLQ (CEF in play for "NEXT YEAR" after 12/31/22) ... way over valued and in a continuous crash mode because of their policy of a fixed distribution tied to 12/31/21 which cannot be maintained in this environment ....GLV (CEF in play for "NEXT YEAR" after 12/31/22) ... way over valued and in a continuous crash mode because of their policy of a fixed distribution tied to 12/31/21 which cannot be maintained in this environment
Live Long and Prosper....
|
|
|
Post by xray on Nov 4, 2022 16:19:18 GMT
KYN:
Interesting insider activity for the month of August being reported:
As of 11:59pm ET November 4th, 2022 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price
Aug 4/22 Aug 2/22 MetLife Investment Management, LLC Indirect Ownership 4.67% Series SS Senior Unsecured Notes due August 2, 2034 P - Open market or private purchase Footnote and/or Remark 3,000,000 $3,000,000.00 Aug 4/22 Aug 2/22 MetLife Investment Management, LLC Indirect Ownership 4.67% Series SS Senior Unsecured Notes due August 2, 2034 P - Open market or private purchase Footnote and/or Remark 1,000,000 $1,000,000.00 Aug 4/22 Aug 2/22 MetLife Investment Management, LLC Indirect Ownership 4.67% Series SS Senior Unsecured Notes due August 2, 2034 P - Open market or private purchase Footnote and/or Remark 2,000,000 $2,000,000.00 Aug 4/22 Aug 2/22 MetLife Investment Management, LLC Indirect Ownership Series T Mandatory Redeemable Preferred Shares P - Open market or private purchase Footnote and/or Remark 120,000 $25.00 Aug 4/22 Aug 2/22 Principal Life Insurance Co Direct Ownership Series T - Mandatory redeemable preferred P - Open market or private purchase 120,000 $25.00
----------
Live Long and Prosper....
|
|
|
Post by xray on Nov 13, 2022 21:30:59 GMT
Previous: 1...NRZ (still in play) 2...KYN (CEF still in play) - Doing well as expected and undervalued 3...USDP (still in play) - neutral until they get their terminals rearranged properly 4...TWO - (DELETED" with their 1:4 reverse stock split .... Taken off watch list 5...WMC (1.26 this morning and continuing to collapse as expected - stock certificates valued as wallpaper) ... Taken off watch list Added to list: 1... HGLB (CEF continues in play ... Doing well .... see HGLB string and other comments ... closed @ 9.70 ....GLO (CEF in play for "NEXT YEAR" after 12/31/22) ... way over valued and in a continuous crash mode because of their policy of a fixed distribution tied to 12/31/21 which cannot be maintained in this environment ....GLQ (CEF in play for "NEXT YEAR" after 12/31/22) ... way over valued and in a continuous crash mode because of their policy of a fixed distribution tied to 12/31/21 which cannot be maintained in this environment ....GLV (CEF in play for "NEXT YEAR" after 12/31/22) ... way over valued and in a continuous crash mode because of their policy of a fixed distribution tied to 12/31/21 which cannot be maintained in this environment
Current Status:
...................Current MktPrc ............. After Market .......... Rf (+0.900 required)
1... RITM (NRZ) ... 9.04 .......................... 9.05 ..................... +1.174 2... KYN .............. 8.95 .......................... 9.02 ..................... +1.070 3... USDP ............ 4.18 .......................... 4.25 ..................... +0.998 4... HGLB ............ 9.70 .......................... 9.70 ..................... +1.045 5... (searching) 6... GLO .............. 6.17 (on hold) ............ 6.17 ...................... +0.808 7... GLQ .............. 7.47 (on hold) ............ 7.47 ...................... +0.756 8... GLV .............. 7.26 (on hold) ............. 7.26 ...................... +0.786 9... CHW ............. 5.97 .......................... 6.00 ...................... +0.835 10..MFD .............. 8.58 .......................... 8.58 ...................... +0.918 11..VGI ............... 7.83 .......................... 7.83 ...................... +0.745 12..ZTR ............... 6.61 ......................... 6.61 .......................+0.984
----------
Live Long and Prosper....
|
|
|
Post by xray on Nov 20, 2022 20:01:30 GMT
Income investors looking for both current income might want to study both HGLB and KYN (IMHO) currently. Both are at substantial "DISCOUNT" and performing to a 10star rating current. Both are above the +1.000 Rf (Risk allocation for acceptance. and maintaining, in portfolio's)....
HGLB: Current MktPrc 9.94 NAV: 12.25 10.13% dividend
KYN: Current MktPrc: 8.85 NAV: 10.42 9.08%
----------
Live Long and Prosper....
|
|
|
Post by richardsok on Nov 21, 2022 14:32:07 GMT
|
|
|
Post by uncleharley on Nov 21, 2022 14:50:28 GMT
Interesting but I think I'll pass.
|
|
|
Post by richardsok on Nov 21, 2022 15:09:37 GMT
Interesting but I think I'll pass. We all knew you'd say that.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Nov 21, 2022 15:10:03 GMT
Penny stocks are common shares of small public companies that trade for less than one dollar per share. (Wikipedia)
|
|
|
Post by liftlock on Nov 21, 2022 16:14:26 GMT
Income investors looking for both current income might want to study both HGLB and KYN (IMHO) currently. Both are at substantial "DISCOUNT" and performing to a 10star rating current. Both are above the +1.000 Rf (Risk allocation for acceptance. and maintaining, in portfolio's).... HGLB: Current MktPrc 9.94 NAV: 12.25 10.13% dividend KYN: Current MktPrc: 8.85 NAV: 10.42 9.08% ---------- Live Long and Prosper.... Thank you for sharing these ideas. I bought a small position in HGLB as a result of an earlier post of yours. It has held up well during this past years market decline. HGLB appears to have a more sector diversified income stream than KYN, but with a more concentrated 18% position in Terrestar which generates royalty income for the fund. Terrestar appears to be privately owed by the Dish network which I have not studied and makes me uncertain about the durability of it's future income stream. The unknown about Terrestar prevents me from adding more to HGLB. en.wikipedia.org/wiki/TerreStar_CorporationI have a large position in NRGX instead of KYN which has served me well. KYN has a larger dividend than NRGX. The durability of the income streams for both funds seems strong. I plan to add add to my energy holdings during the current market sell off and KYN looks like a strong candidate to buy. stockcharts.com/freecharts/perf.php?hglb%2C%20kyn%2C%20nrgx
|
|
|
Post by xray on Nov 21, 2022 21:14:57 GMT
@haven, KYN increased their distribution to $0.20/Qtr from $0.15/Qtr on 6/15/21. If it weren't for the down market (in general) this year, I would be expecting another increase in their distribution (this year) because of their rather large "discount". Most investors don't follow Penny Stocks (or have minimum positions) as they can be very dangerous to ones financial health.... HGLB increased their distribution from $0.071 to $0.081 on January 4th of this year and has a standard 8.5% distribution policy and currently also has a rather large "discount"....
Current analysis indicates that both continue to do well in a ever changing market. Risk (Rf) to our current portfolio's is shown to be +1.035 for KYN and +1.001 for HGLB (must be >0.990)....
Live Long and Prosper....
|
|