Uniti Grp. Inc. (UNIT)

[Scotttrader80]

Ok, thanks! Ive been monitoring them so we'll see how it turns out

[wshaw14]

I have seen it stated that REITS have to pay out 90%. While this is true it is important that folks understand that it is 90% of taxable income. As of the end of the 3rd Quarter this would amount to less than .01 for the nine months ended in September. I dont think they will, but they could cut the Dividend to very near zero if not zero.

[Scotttrader80]

Thats what Im watching for, March divy cut, I hope it doesnt happen cause UNIT's gotten beaten down pretty good already

[jugs]

You may be right but this is a very unusual situation in that some are saying WIN had no business creating UNIT in the first place. That's what bothered me for it points to dislocation and disrespecting ownership of things guaranteed by law via precedents.

I believe the bloodbath will continue although I hope for your sake I am wrong.

[leftovers]

Rut Row the captain has bailed the ship! Not Good...

This is going to be some difficult navigation, I figure.

I would have to say due to the continued rapid decline a cut in div is guaranteed ? A 20 dollar stock doesn't crash 11 dollars and not have adverse effects on it's payout.

[jugs]

Much as I'd like to agree with you, I'm thinking that if they cut the distribution in half, the unit price will sink lower than the bathroom floor.

There's also the possibility that the court will find that WIN had no basis in fact to spin off UNIT-held assets in which case all I could say is "Watch out below!"

I'm out at $11.00 and see it closed at $9.99. Regardless of clouds in the environment, it would take a lot of distributions to make up lost seed-capital ground.

Still, I'll remain on watch to se if I can help people try to come to terms with goings-on here. This is going to be some difficult navigation, I figure.

I hope you find thing going your way.

[Jld3294]

If they cut in half to be in a much better position it’s still a 12% dividend. I don’t think it would be wise to sell here.

[jugs]

To be perfectly transparent---something extremely important to me---I just liquidated my two UNIT positions, using the cash to add to NGL.

In one pick I see far too many question marks for my comfort whereas the other is very strong and entirely sustainable.

I need to do what I can to ensure beneficial sleep without fear and undue concern keeping me up.


Where there's smoke, there's likely going to be fire. If UNIT cuts its distribution in half, sure---the yield will be self-adjusting and look nice. But in the process, holders will sustain a terrible capital loss. It could take years to right itself through the accumulation of distributions and I decided to cut my losses to sustain myself as an investor in my personal estate and future sleep habits. I find much to be happy about in life but worry and needless risk don't fit the picture for me.


Good luck to you!

[leftovers]

Nothing yet on the dividend that will come next week I believe? I can assure that if it is cut in half this will be trading at 8 or less...

Just have to sit tight till then.

[Scotttrader80]

I will look at your recomendation but I think its been discussed on Daves dividends board before

cheers!

[jugs]

There are far too many question marks out there for me to give you a pat answer. I can tell you this much although I'm not certain it will hold value for you:

1. I was expecting the divestiture of the Latin American towers. While the service is critical to the several countries concerned, business is business and those countries' concerns don't guarantee profitability for UNII---in the future.


2. REIT distributions are based on the payout of 90% or greater of earnings AFTER deducting for expenses. Thus, the Latin American tower sale will be recognized as but one item in a whole long list of income producers. I do know these towers do not represent a lot of potential income at this time. I believe their acquisition was built in part on the expectation of further development of the asset.


3. For me, at least, it's far too early to predict anything although there's a lot of talk about the distribution being cut by as much as half.

Just now looked at the unit price and find it'[s down by a whole dollar and a couple of cents. Something about distributions may have come out but I'm not current at this moment.

Good luck to you.

There are other more reliable picks out there paying 12%, by the way. Look at NGL. It's my largest position by far, is rock solid (stable and on the rise strongly. I added each day this week and will probably continue to do so today. The IHUB NGL board is as good as they get. I'm a moderator there.

[Scotttrader80]

Will this latin american sale affect the dividend at all? I only follow UNIT for their quarterly divy.

[pnew122]

I have an alert for 11.54.

Unfortunately you can risk less money & make more on cheaper stocks. I missed (or paused I should say) buying ABIO this morning in pre market for .60-.70.

[jugs]

Yeah, I added some, myself...the price was right.

While I'm here for the distributions, the fact is that I like buying at around $16.40 expecting $17 down the road.

[pnew122]

RSI hits 19, I'm back in.

[AhoohA]

'But' all of them were relatively small qty's ( percentage wise ) compared to their original/previous & remaining shares qty's.

[Scotttrader80]

Youre right, they gotta pay out 90% or the LOSE their tax status, kind of like no choice

[pnew122]

I traded out since RSI hit 66 daily

and 57 on the 30 day.

[ClayTrader]

* * $UNIT Video Chart 02-19-2019 * *

Link to Video - click here to watch the technical chart video

[jugs]

You're probably talking about my parents---so dysfunctional were they in parenting.

Let's hear it for the faulty balloon!

And I hope my UNIT position doesn't spring further leaks.

lol

[jugs]

Neat---34 years is a long time but obviously no0t long enough for you and yours. That's fine.

I'm married this time around for eight years next month. Best years of my life. She's a retired MSW (social worker)---very sensitive and tuned in and super bright. Best partner ever.

An 8% day is very nice for sure. I'm not worried about what the night will bring to my portfolio as I have a fine gain overall. At the same time, I'm expecting investors will dare to take a chance on UNIT tomorrow, realizing they may have run away from fear itself. UNIT was not part of the litigation! I think a lot of people are confused about that. Whatever happened deleterious to the fortunes of UNIT will, at most, be collateral damage. And the company holds a bunch of assets the government dares not use to wag the dog for it will bring down the wrath of a populace being served their telecom needs supplied via UNIT.

Tomorrow sh9ould prove fun. I hope you'll stay in touch and perhaps indulge again.

[pnew122]

And let us not forget.

If it weren't for mistakes, most of us wouldn't be here.

[pnew122]

I bailed @ 12.55 for 8% today.

I'm happy. Overnite can kill a portfolio. Married 34 years myself, & know where you are coming from. Good thing we have a woman(s) to keep us in line huh?

[jugs]

So funny as that's the line I use all the time.

This repartee is fun. I love head-banging. My wife and I live in the world of nonsensical punnery and silly stuff. Investors find it hard to lift themselves out of the murk to just breathe a bit of unfettered air. Ironically it tends to obscure much more than the few moments of just laxing to get away from the pressure of reaching for unrealistic performance.

And now I see the market is leveling off in the closing several minutes. About what I'd expected for nobody wants to feel like the last farmer in the dell. I find no solace in that, knowing full well that for me, at least, it's all about being proactive. I gather you operate similarly.

[pnew122]

It serves by forcing constant readjustments as we do our best to justify some of the dumb shit we do as investors.

I resemble that!

[jugs]

Of course you're correct. However---I don't there'd be a market were it not for greed. And the opportunity to meet challenges may begin with one's beating back his fears.

I regard fear as an important commodity. lol It serves by forcing constant readjustments as we do our best to justify some of the dumb shit we do as investors. lol

Really, I think a portion of my financial successes derive from being an idiot but refusing to give in.

[pnew122]

I doubt most can comprehend.

They trade on fear & greed.

[jugs]

I know how it works and you're right. My wondering comes from the possibility of unusual activity occurring because most investors won't know how to respond to the plethora of news hitting the stands today.

I took a chance adding today but just 2oo units. Very little money. But it tested my resolve and that's what it was all about.


NGL is another stock that tests me daily. I love the challenge and it's having a huge impact as we speak.

[pnew122]

Hi

I can only say that RSI went to 18 today. Historically on "almost" any decent stock if it touches 30, it inevitably goes up. I think we go up from here. You can see the pressure building.

[jugs]

Thanks for the support.

Fundamentals are more my game than TA. But I'm a momentum player---100%

Question:

RSI cannot hold onto a serious footing in my opinion---when perched on dry sand. UNIT is on dry sand and the first rains can do damage. In that moment there's no absolute in play. RSI is invariably touted as an absolute but anomalies upset everything.


Am I wrong? And if so, please point it out.


Thanks

[pnew122]

Checkout volume & RSI.

Pressure is building.

[pnew122]

Thoughtful post.

I say 15 easy. RSI WAY oversold & historically, 20 has been the average.

[jugs]

Good move, in my opinion.

Remember: As a REIT, UNIT must pay out a minimum of 90% of gains.

REIT tax-advantaged status will be forfeited if the company willy-nilly fails to cover this all-important foundational stone in company make-up. All this talk about distribution cuts is meaningless in my opinion so long as UNIT continues to follow the letter of the law.

Obviously, if sales channels are compromised due to forcing WIN's hand, then whatever happens will result directly from court rulings. Absent those, however, it's business as usual as I see it.

But I'm just one man.

[leftovers]

It will come down to if they cut the dividend? We will find out end of month!

I also snared some shares this morning!


Happy Trading

[jugs]

Just saw this:

DJ Uniti Group Price Target Cut to $16.00/Share From $23.00 by JP Morgan

[jugs]

This board's reaction is certainly understandable.

Without question, UNIT is taking a hit. We all knew it would be so on Friday when after hours trading appeared to be crippling.

This morning was more of the same, of course. However, my take is apparently a bit different than most of what I'm seeing from others. And it's far too early for me to determine whether I'm an ass or smart enough to read the smoke signals. So my read:

1. Legal procedures yet to happen are in the works but remain undecided.

2. Rulings will be handed down but remain on hold for the moment.

3. The investment community runs from uncertainty for absolutes are always the end goal. Unfortunately, as with one's cutting off his nose to spite his face, we investors very often run with the herd, tuning out on our individual and often unique perspectives.

4. Thus it is that i9nvestors typically over-react when there's blood in the streets. Not to suggest there's anything wrong in that, only that each of us investors is responsible for taking action with or without community agreement. Some will dare to meet the oddsmakers head-on while others proceed differently.

I'm old---in perfect health but at 78 my birth certificate reminds me I'm only a decade or two from the end of the line. With no debt and a wonderful life, I'm more inclined to embrace risks others might not find acceptable.


Thus it is that I added 200 UNIT this morning at $12.03. Not a lot but I had to know if I've got the b's to be true to myself or just yield to being one of the herd. And now I'm going to look at the current price:

OK, I'm ahead a little bit. More than the few bucks, however, is that nobody knows where this thing is going or how it will get there. And we won't even agree on things yet to happen. But one thing is definite in my world:

Because nobody knows eventual outcomes, I figure this stock has plenty of good things going for it and I can't get into the "Damn it!" crowd. I'm betting units bought right now will prove profitable. Sure, it'll be rocky for the time being, but that's not a death sentence by any means.


Calm and patience will rule more often than not. Counting dollars lost may work for some but I prefer counting dollars earned.


Good fortune, everybody!

[leftovers]

Uniti Group Inc. Issues Statement on Windstream Court Ruling

Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) issued a statement today regarding last week’s unfavorable court ruling against Windstream Services, LLC., a subsidiary of Windstream Holdings, Inc. (“Windstream”), Uniti’s largest customer. The ruling, which was announced by Windstream on February 15, 2019, relates to Windstream’s 2015 spinoff of certain telecommunications network assets into Uniti, and Windstream’s agreements with bondholders. Uniti was not a party to this litigation.

Kenny Gunderman, President and Chief Executive Officer of Uniti, commented, “It is our understanding that Windstream intends to take action and pursue all available options. The validity of our master lease agreement with Windstream was not impacted by the ruling, and access to our network remains critical to Windstream’s operations and its ability to serve its customers.”

Kenny Gunderman continued, “We are focused on working through the challenges related to the court ruling and continue to be committed to serving the interest of our stockholders, our customers, and our other partners.”

[leftovers]

I think what you're looking at is a 50% drop in dividend and a trading range between 8-10 dollars.

Happy Trading

[novicetrader]

True that. Watching closely, might enter once the dust settles.
Good luck.

[leftovers]

either way we are toast right now! Already below 13 pre market. I don't own enough to get too worked up over this but, to sell now would result in a huge loss. Just have to let the dust settle and see where this goes? Right now you can be assured that is DOWN!


Happy trading...

[novicetrader]

4 insiders all dumped shares on the 14th.

No company Officer could be that stupid to blatantly sell around the time of such bad news,it would be considered criminal. These are not regular stock sales,they are just for Tax purposes(usually adjustments associated with employee stock options),look at the footnotes in the Form 4s(copied below)

Explanation of Responses:
(1) These shares were withheld to satisfy the reporting person's tax obligations.

The loss of the legal case is definitely awful news,no doubt about that.But the Insider sales are a non-issue,that's all I'm trying to say.

[leftovers]

I think we're in some deep do do on this one? 4 insiders all dumped shares on the 14th. Gee ya think they might have known what was about to happen!

the President and CEO, the Gen Counsel and Secretary, the Principal Accounting Officer, the CFO and treasurer and they all fetched 19.84 per share.


So we get left holding the bag. Been reading all the comments over at SA and the likelihood of a dividend cut has become a real issue and if that happens this will fall into the single digits, Not a pretty picture.

Happy trails

[leftovers]

Ouch that hurt!

[jugs]

This isn't the time to panic. Lot of things will come about, giving off signals of what's to transpire. And we've yet to hear anything from UNIT.

[sjgolf1967]

Understand we have to wait and see the final outcome..... but the sell off is stout not sure win/unit can rebound. For my sake in both I hope they can or I need a second job ??

[jugs]

The wood is splintering but there's no definitive way to assess things at this point in time.

So we have no choice but to await the inevitable appeals and further out court decisions.

I trust that UNIT management will continue building opportunity wherever possible as I've seen strong moves of late. That gives me confidence.

[sjgolf1967]

TIMBER!!!!!!

[jugs]

We still await the judge's decision.

No complaints here re. the share value but I'd sure like to see the legal tangle disappear.

[jugs]

OK, now I feel better!

Sometimes my enthusiasm can become infectious. I'd certainly not want to be the cause of your losing money due to a misjudgment of mine.


You've done exceedingly well and that has me feeling very good about your success.

Good job!

[leftovers]

I've been in for a while also! I have some 14's 15's 16's and now some 18's. Having the divvy go cha ching on the 15th along with the news inspired me to buy some more!

I am looking for this to cruise right on to the 20's soon!