Icahn Enterprises LP (IEP)

[entertaininvesting]

one thing about $2, it's an unit distribution through K-1 statement not a dividend.
IEP is a pass-through entity so IRS gets their cut only if I have nothing to offset the distribution.

and read 10Q - the company already stated that Carl's position didn't trigger any margin issue which nathan speculated it on his paper and it was a complete lie. soon, he is going to get sued just like before and his record is not good.

one more thing - take a look at option activities and how there were call contracts bought in blocks last week.

[entertaininvesting]

not really, Nathan founded Hindenburg research which is a part of his tiny hedge fund where he couldn't raise capital for years since 2017.

yes, he made trading profits off of yangtze, nikola though he lost the legal case against yangtze and paid legal costs.

for IEP case, he didn't do enough research about how Carl structured his LPs - it's not Nathan's fault, it's just because he never had a chance to learn how to run a hedge fund.

one comment, do you remember 'Harry Markopolos' trying to kill GE with his short research paper? as it turned out, Harry was funded by short sellers to be on the media for couple weeks. as GE insiders kept buying out the shares, the short sellers didn't make money so harry disappeared and the media stopped covering the story. coincidence? maybe.

what's next? several short sellers covered their positions on thursday so let's see what's going to happen. given nathan doesn't have any credibility in HF worlds, i don't buy his story - he did this to make some profit. perhaps, he had a very bad last year.

[bar1080]

You get a taxable $2 and IEP's cash account declines $2 a share. Big deal. The likely winner is the IRS. Hope your company didn't need that cash to avoid triggering a loan covenant.

Hindenburg rarely gets it wrong and they aren't quick to back off from the attack. Ask Adani.
https://hindenburgresearch.com/

[entertaininvesting]

huh? it was $2.00 dividend ex-date and yes, i'm getting $2 for every single share I own.
next week will be fun to watch.

[bar1080]

Did you miss the 7% drop? No doubt most of Icahn's loans are callable if things deteriorate,,,, and that's what's happening.

[entertaininvesting]

shorts are getting scared at this point - no more additional catalyst to push it down.

the biggest driver now is what carl is going to do - if he gets stocks as his dividend, his ownership will be well above 90% - no reason to keep it as a public co since brett, his son can buy out that remaining 10% with his cash.

[The_Free_Nebula]

Do you think the bottom is in from the effective short attack?

[entertaininvesting]

happy to buy and hold until there is any buyout offer from Carl and his friends =)

[leftovers]

Icahn Enterprises (NASDAQ:IEP) had declared $2.00/share quarterly dividend, in line with previous.

Payable June 30; for shareholders of record May 22; ex-div May 19.

[BioChica]

Small change fraudster compared to Carl.

[bar1080]

Neither you nor your father know how IEP makes its money.

Hindenburg Research is a real company, and damn successful from what I see.

"These guys need to go out and actually run a company and compete."

[BioChica]

These guys pick a fight with the wrong guy. I hope Carl Icahn pops the Hindenburg's balloon. These guys need to go out and actually run a company and compete. This is how it's actually don't. Short sellers are cheesy low life's.

[bar1080]

Here's the website of HindenburgResearch.com You can see other stocks they've gone after since 2017. They rarely get things very wrong. I never short stocks (far too risky) but I admire the smartest shorters.

You can sign up for their mail here:
https://hindenburgresearch.com/contact-us/

[bar1080]

Sorry, didn't see your answer. Yes, sign up for Hindenburg's email list. Nate Anderson & Company do excellent, thorough research. They took down India's giant Adani Group which shows they can take on the world's largest operations no matter how obscure or how far away.

I like that Hindenburg is going after Icahn LP, which is s type of stock I shun... a black box which discloses little about how it makes money. I want my stocks to have crystal clear business models which certainly isn't this stock. You see a lot of ominous blackbox stocks in the high yield sector. But as you know, I shun high yield gimmicks. Many are borderline frauds that target retirees.

[entertaininvesting]

Earning announcement tomorrow - already $2.00 quarterly dividend was announced last week.
EPS estimate at $0.19 most likely it will be similar. Icahn may address about short sellers being manipulative.

[BioChica]

Icahn is the best guy to lead the company, he shown that he cares about the share holders. A lot of companies out there, with presidents and CEO's that only care about the money, that goes into their pockets. Ra Ra for Icahn. That shorter named after a disaster, is named well. All he does is destroy everyday share holder's, causing financial disasters for the little man. If he think he's actually helping, he's not!

[brucebill]

Nice statement at 4:43 ,loading at open

[bige777]

This is definitely not Ichan's 1st rodeo. I wouldn't be so fast to bet against him in the long run.

[leftovers]

Timber ! WOW that was a real short hair cut for sure. The next few days will be interesting to say the least.

I am thinking of subscribing to the Hindenburg Research's short report ! The last time they made a short Call on a stock that I was following was RIDE at 20.00 it now trades at less than .50 cents.

They seem to do the research on companies to short! I am betting that Carl Icahn will survive this storm though?

[magacrew2020]

wee buy tons of puts beforehand and make stuff up = profit. just some fake FUD. nice hit and run.

[bar1080]

Not so much

"Old faithful ......"

[leftovers]

Icahn Enterprises (NASDAQ:IEP) declares $2.00/share quarterly dividend, in line with previous.

Forward yield 14.83%

Payable April 19; for shareholders of record March 13; ex-div March 10.

[leftovers]

faithful rises once again ! Icahn Enterprises (NASDAQ:IEP) declares $2.00/share quarterly dividend, in line with previous.

Forward yield 15.02%

Payable Sept. 28; for shareholders of record Aug. 19; ex-div Aug. 18.

[leftovers]

Old faithful ......
Icahn Enterprises (NASDAQ:IEP) declares $2.00/share quarterly dividend, in line with previous.

Forward yield 14.98%

Payable June 29; for shareholders of record May 20; ex-div May 19.

[WallStreetRocker]

gotta luv that divi!!!Merry Christmas to all!

[leftovers]

Icahn Enterprises (NASDAQ:IEP) declares $2.00/share quarterly dividend, in line with previous.

Forward yield 14.08%

Payable Dec. 22; for shareholders of record Nov. 16; ex-div Nov. 15.
See IEP Dividend Scorecard, Yield Chart, & Dividend Growth.

[leftovers]

He's a Hands on kinda guy! 'Occupation: Activist shareholder' lol Problem is he is approaching 90 so what happens when he's gone?

https://en.wikipedia.org/wiki/Carl_Icahn

[The_Free_Nebula]

Interesting use of the word.... Activism

[leftovers]

---if you invested in IEP in the year 2000 when we started to do this activism and for real, the total return is sort of what’s almost an incredible 1,945% on your money so if you, if you put in money in 2000, just left it in there and reinvested your dividends, you made 1,945% on your money. Now the S&P during that period if you did the same thing, you made only 358%. In the Dow, you made 409%. In the Russell, 499%. Even in Berkshire Hathaway, you only made 655%. We made you 1,945%. How do you even stumbling along that’s given us the ability to give dividends since 2005 and the dividend has crept up. We’ve never missed a dividend. We’ve never decreased the dividend, and that’s all because activism and this dividend we give today is up to $8 a share or $8 a unit and $8 a unit brings you to about a 14% return. We’re able to do it through the activists, of not predicting the market—

https://www.cnbc.com/2021/10/18/cnbc-exclusive-cnbc-transcript-icahn-enterprises-chairman-carl-icahn-speaks-with-cnbcs-fast-money-halftime-report-today.html

[The_Free_Nebula]

bouncing back nicely

[leftovers]

IEP starting it's up ward trend again!

[leftovers]

Icahn Enterprises will likely maintain the current dividend, yielding 16% at current prices.

Despite distributing more than it earns, 95% of shares are owned by Carl Icahn, who elects to receive the distribution in new equity, minimizing cash outflows.

The cost of cutting dividends is more than the notional amount IEP distributes to public shareholders who own the remaining 5% of shares.

A significant portion of Icahn's portfolio is hedged, protecting assets in case the recent market rout continues.

[The_Free_Nebula]

I guess that means the story has not changed. Folks simply may be seeking opportunities elsewhere. But I do agree that constant red sucks

[wiltonweather]

The dividend is safe for now, but the pps keeps dropping even when the market is up. I can't find any news to explain the downtrend.

[The_Free_Nebula]

I think as long as the dividend has not been lowered, everything is OK

[wiltonweather]

Thanks!

[The_Free_Nebula]

The market has been consolidating with the end of the Summer...Excellent time to add shares....

[wiltonweather]

Why does it keep dropping?

[193638]

Wish this stock would go back into the 60 plus range again.

[The_Free_Nebula]

Nice

[leftovers]

Bam here it is!

Icahn Enterprises (NASDAQ:IEP) declares $2.00/share quarterly dividend, in line with previous.

Forward yield 13.73%

Payable Sept. 29; for shareholders of record Aug. 20; ex-div Aug. 19.

[leftovers]

Steady as she goes up up up!

[leftovers]

In God we trust All others must pay Cash!

[The_Free_Nebula]

just answered my divvy notice. Stock or cash...give me cash,,

[leftovers]

Icahn Enterprises (NASDAQ:IEP): Q1 GAAP EPS of $0.65 beats by $0.66.
Revenue of $2.22B (+19.4% Y/Y) misses by $280M.

For the quarter ended March 31, 2021, indicative net asset value increased by $668 million to $4.22 billion compared to $3.55 billion as of December 31, 2020.

[leftovers]

Icahn Enterprises (NASDAQ:IEP) declares $2.00/share quarterly dividend, in line with previous.

Forward yield 13.9%

Payable June 30; for shareholders of record June 1; ex-div May 31.

[leftovers]

Carl Icahn is hiring former GE executive to be CEO of Icahn Enterprises

[leftovers]

sweet for sure!

[leftovers]

IEP smoken!

Icahn Enterprises (NASDAQ:IEP): Q4 GAAP EPS of $0.61 beats by $1.08.

Revenue of $2.75B (+5.0% Y/Y) beats by $540M.

[leftovers]

Icahn Enterprises (NASDAQ:IEP) declares $2.00/share quarterly dividend, in line with previous.

Forward yield 11.94%

Payable April 28; for shareholders of record March 26; ex-div March 25.