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Dragging twigs, that's funny. That may be what Five Oaks did.
BTW, I'm noticing a fair number of hype articles and posts this year on Seeking Alpha related to high yield investments that seem to be compensated, against their TOS. They come from people who always love certain stocks no matter how they disappoint. A key trait is every failure is said to be a "golden opportunity" to load up with more "cheapies."
Another red flag is when a tiny micro-cap stock in a sleepy sector suddenly receives a bunch of enthusiastic write ups. Bad enough when we see that with obviously junk Pennyland products, but it's utterly unacceptably with retiree-type dividend stocks.
Yep looks like a hit and run for sure! Seems all the victims have left the room and hit the Pike dragging twigs to cover their trail!
LOL: "I wonder if Mr. know it all will show up trying to tell us how lousy these dividend payers are."
What a dog this is. OAKS/HCFT or Whatever.
Total market cap is only $85 million. Changing name is old trick to hide a record of failure.
This stocks symbol has been changed to HCFT someone needs to update the board here.
OAKS Upgrade Ladenburg Thalmann: Neutral to Buy 1/19/2018
SOLD and Bought @ $4.77
http://www.huntcompanies.com/leadership/corporate-officers
Pretty Impresssive !
OAKS
Move towards $5 coming I'm betting,why would those guys pay a premium of $4.77 a share ?..they must know whats coming for OAKS imo
Yup he did, once a stalker always a stalker, admin is aware and is tracking his movements
Didn't think about a RS I guess this could drag on for many years of share holder losses! LOL
RS sell more shares lower dividend pay outs wash rinse repeat Oh My?
January 11, 2018: "15% Dividend Yield Not Worth The Risk"
"Challenges
The mortgage REIT is facing dramatic challenges from the flattening of the yield curve. Covering the current dividend is already problematic. Eventually, we may see a reverse split. Unless the yield curve steepens materially, the company will continue to be in a difficult position. There was nothing fundamentally wrong with its decision to transition to this strategy. I believe it was a very reasonable choice. However, investors today have the benefit of seeing what has happened to the yield curve over the past few years. Consequently, they have the benefit of additional insight when making the choice of where to allocate their capital. As it stands, I am concerned about the sustainable level of core earnings and dividends going forward. I believe a reduction in the dividend would be a significant negative catalyst. Therefore, it is easy for me to maintain a bearish view."
https://seekingalpha.com/article/4136765-15-percent-dividend-yield-worth-risk
Oh ya I understand. Just a matter of time before OAKS disappears and falls off the map!
I give it 1-2 years tops?
Do you see why I bash stocks like OAKS? Investors who think they can sell in time are kidding themselves... and others. OAKS is a stinker.
I was swinging OAKS there for a while, $3.97 to $4.20's any given month banking .15-.20 cents far outweighs their dividend. Waiting for OAKS to bottom again to find a low then rinse and repeat. I did call the divy cut but I expected it to happen last year.
I wonder if Mr. know it all will show up trying to tell us how lousy these dividend payers are.
Means nothing .. it’s your fault if you loose money not because of the cuts. Buy and sell at the right times and reinvest the dividends. I’m not up by much but still better than keeping it in the bank. Anyways it’s not about one investment it’s about the portfolio as a whole. All portfolios have a pig or two..
Dividend reduction cuts history
.16 down to .125 10/10/13
.125 down to .10 07/13/15
.10 down to .06 11/10/16
.06 down to .05 01/12/17
.05 down to .033 01/12/18
Current monthly pay out .033
I Must say at least they are consistent.
PS Buyer Warning past results are not a guarantee of future results!
He's talking about anyone who bought this last year, the year before and the year before that.
They have been shaved to the bone all the meat is gone. With the monthly dividend shaved down to .033 after how many prior cuts there is not much left to cut on the next cut.
To sum it up from 2013 inception down to the 2018 hair cut nothing left here.
I’m up 2% so not sure what your talking about
OAKS $3.55 pre market, blood bath coming from divy cut
Free up cash just Incase
Doubt it goes anywhere near that price.. but if it does backup the truck and buy that 20%+ dividend
Im figuring investors bailing out will drop OAKS to $1.50 or somewhere under $2.00. Its going to be messy, a shorts paradise.
Management needs new blood, their bleed has been happening every quarter, too bad, they were a good payer.
Know of any growing Cobalt miners? With all of the EV's hitting the road, Cobalt is the one mineral needed to make all of that happen.
I never did either! I been in and out of CANN and GBLX. Oaks is toast going to shed some weight on Monday for sure probably lose a dollar or more?
Good for the shorts. Monday morning will be a blood bath. I never got filled, decided to go with INTV for a quicker return. Maybe OAKS should do crypto too, cause these losses every quarter is going to put them under.
Ouch! Not Good....
Damn 33% cut!!
Any thoughts on when we hear news about the dividend? Last year I believe it was mid December?
Didnt get my OAKS $3.97's :( maybe next month or in a couple of weeks during tax sale week.
ORC pay check comes in tomorrow!
$0.14
November 30, 2017
December 8, 2017
I have been swinging some MJ stocks and doing real well in the last 2 weeks.
Some nice hits have been with CANN GBLX ISOLF and SPRWF The nicest hit was with CANN captured a one dollar move in two days!
I have a ORC divy coming in on the 10th, so I'll wait until after the X date to get the $3.97's and just swing OAKS for 20-30% gain by the time the next divy rolls around. Thats why I love monthlies, they are predictable. Maybe by then NAK will have become something?
Mines in at 4 even.
DEC 14 2017 Ex-dividend Date
Dividend amount $0.05
Record date December 15, 2017
Pay date December 28, 2017
Aren’t you too nervous about the possible dividend cut in a week or two?
Have a gtc order in for $3.97. OAKS is good for a .50 cent flip.
Im buyer of OAKS @ $4.00, they seem to run from the low $4.00's to the mids $4.50's. They might turn into a nice swing play.
Five Oaks Investment Corp. Announces Fourth Quarter 2017 Common Stock Dividend Rate of $0.05 Per Share for October, November ...
Source: PR Newswire (US)
NEW YORK, Sept. 15, 2017 /PRNewswire/ -- Five Oaks Investment Corp. (NYSE: OAKS) (the "Company") today announced that its board of directors has declared monthly cash dividend rates for the fourth quarter of 2017 of $0.05 per share of common stock for the months of October, November and December.
Fourth Quarter 2017 Common Stock Dividends
Month
Dividend
Record Date
Payment Date
October 2017
$0.05
October 16, 2017
October 30, 2017
November 2017
$0.05
November 15, 2017
November 29, 2017
December 2017
$0.05
December 15, 2017
December 28, 2017
In accordance with the terms of the 8.75% Cumulative Redeemable Preferred Stock ("Series A Preferred Stock") of the Company, the board of directors has also declared monthly cash dividend rates for the fourth quarter of 2017 of $0.1823 per share of Series A Preferred Stock:
Fourth Quarter 2017 Series A Preferred Stock Dividends
Month
Dividend
Record Date
Payment Date
October 2017
$0.1823
October 16, 2017
October 27, 2017
November 2017
$0.1823
November 15, 2017
November 27, 2017
December 2017
$0.1823
December 15, 2017
December 27, 2017
Five Oaks Investment Corp.
Five Oaks Investment Corp. is a real estate investment trust focused with its subsidiaries on investing on a leveraged basis in mortgage and other real estate-related assets, particularly mortgage-backed securities and mortgage servicing rights. The Company's objective is to deliver attractive cash flow returns over time to its investors, primarily through dividends and secondarily through capital appreciation.
Five Oaks Investment Corp. is externally managed and advised by Oak Circle Capital Partners LLC.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the U.S. securities laws that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of the Company's business, financial condition, liquidity, results of operations, plans and objectives. You can identify forward-looking statements by use of words such as "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may" or similar expressions or other comparable terms, or by discussions of strategy, plans or intentions. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. Forward-looking statements are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward looking statements as predictions of future events. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. Additional information concerning these and other risk factors are contained in the Company's most recent filings with the Securities and Exchange Commission, which are available on the Securities and Exchange Commission's website at www.sec.gov.
All subsequent written and oral forward-looking statements that the Company makes, or that are attributable to the Company, are expressly qualified in their entirety by this cautionary notice. Any forward-looking statement speaks only as of the date on which it is made. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Additional Information and Where to Find It
Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/ or the Company website www.fiveoaksinvestment.com or by directing requests to: Five Oaks Investment Corp., 540 Madison Avenue, 19th Floor, New York, NY 10022, Attention: Investor Relations.
Five Oaks Investment Corp. logo. (PRNewsFoto/Five Oaks Investment Corp.)
View original content with multimedia:http://www.prnewswire.com/news-releases/five-oaks-investment-corp-announces-fourth-quarter-2017-common-stock-dividend-rate-of-005-per-share-for-october-november-and-december-2017-and-preferred-stock-dividend-300520458.html
SOURCE Five Oaks Investment Corp.
Copyright 2017 PR Newswire
I hear ya, ORC over OAKS is the better play and it kills me that they arent equally valued but putting all of our eggs in one baskets sometimes causes scrambled egg. Trust me Ive been looking for something that matches ORC's sp to pay out ratio and its difficult
I have determined I don't want this issue. I had a chance to buy it last month for a flat 4 dollars and went for ORC instead.
This past three weeks I went for CRF and CLM both also have Sept 14 X dates. I am waiting for ORC to announce the next X date and will add more of it soon. Today it is screaming at 9.90 plus.
ORC paid me exactly on Pay day and it was a nice check. So I will continue to add when I can...
OAKS X date in a couple of days 9/14, tomorrow is the last day to buy in for the dividend
interesting I may take a opening position this week and roll the dice!
Im staying away from OAKS, I had them years ago but things have changed. You can get 2 OAKS for 1 ORC or 1 AMZA which is starting to look better by the day. 2 OAKS x divy of .05 = .10 cents. ORC pays .14 cents, .04 cents MORE, AMZA pays .52 cents quarterly which works out to be 10 OAKS monthly or 3.5 ORC monthly. For the $9.00 buck AMZA's the better play. If you can scoop up AMZA mid quarter and buy the dips, as you know the more shares you own the bigger your pay out.
OAKS has a history of cutting their dividend to stay solvent. We have 2 more FED rate increases still coming,(Sept & DEC) and we're seeing how the last 2 quarterly .25% increases have affected our REIT positions.
Thats how Im seeing things, I like divy players and now cryptocurrency start ups, my history shows what Im in to
So sell now and maybe buy after the drop? It that your plan? or just stay away from OAKS?
This earnings season seems to be tough on all sectors. Chalk it up to consumer confidence which appears to be low. Bargains galore if you have the powder. Im looking at Lithium companies that pay dividends and getting away from REITS like OAKS but keeping ORC, love those guys. Look at the boards I follow, OAKS is ok, but there are other opportunities that are experiancing serious growth.
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