Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good to see everyone is still alive. I just check in now and then to pick up PMs from Minddoc.
This is a strong, safe long term hold. Not very interesting for the day traders but over the long run this one will be there for you.
I thought all the penny stock pumpers had died of starvation.
Hard to believe there are still posts on this board. I haven't signed on to ihub for a year and it looks like I haven't missed a day.
I am still alive and kicking but don't log on to ihub very often.
It is hard to believe that after all these years that this is still an active forum.
One con man (and his helpers) have sponsored a never ending story.
Unfortunately there are still many who don't understand the moral of the tale...
I haven't followed LUK for some time so I haven't any insights to offer.
I still hold most of them. Not Costco but all the others. I even have some of my original WMT which I bought in 1978 but I sold a big percentage of it over a decade ago mainly because it represented too large of a portion of my portfolio and its market cap was just too big for sizeable sustained growth. I don't own any bank stocks except for WFC just because they are all crooks and I don't want to associate with them.
I still own FXEN but I am not sure why. I only have 1000 shares of it so I put it in the category that I can't win them all.
The only serious acquisition I have made in the past year or so has been INTC. I think it will go up over the next couple of years and there is unlikely to be much downside. In the meantime I can live with a 4% dividend.
You are correct that it as been easy to do well the past couple of years by doing nothing more than just sitting on my hands.
Looks like I missed the boat on this one. I was going to buy some back when Buffett was buying railroads and I didn't pull the trigger. See my sad face.
Another board that just had its first post in 2 1/2 years is BAM. Solid company with great returns (with the BIP spinoff as an additional bonus) and nobody is interested.
For the most part, iHub doesn't appeal to real investors. Most are gamblers that like penny stocks. I suppose any of your suggestions would have some appeal and maybe ROK should do a 100 to 1 split to get the price in an area that would appeal to them. ROK appeals to people who want to make a good investment with lower risk which doesn't include penny stock gamblers. They apparently like losing money.
The BA board doesn't get the attention that the penny scams get either even though it has piled up outstanding returns. Something about quality investments just doesn't arouse the interest of these people.
Seems to me that five failures sounds worse than just one failure.
Is owning 5 worthless companies better than owning one worthless company?
How do you not get an accurate count of bulldozers?
CAT has had a number of problems lately including a downturn in their mining equipment sales. The problem I was referring to is the following:
(Reuters) - Federal prosecutors in California are investigating a unit of Caterpillar Inc (CAT) for potential violations of environmental law and other alleged improper business practices, the company disclosed in a regulatory filing Friday.
Peoria, Illinois-based Caterpillar said in the filing that its Progress Rail Services Corp subsidiary received a grand jury subpoena on October 24 from the U.S. District Court for the Central District of California. The U.S. attorney's office in that district told Progress Rail it is a target of a criminal investigation related to the subpoena, the filing said.
The subpoena requested documents and other information from Progress Rail, Caterpillar and Progress Rail subsidiary United Industries Corp in connection with allegations that Progress Rail conducted unnecessary or improper rail car inspections and that it failed to properly dispose of equipment, parts, tools and other items, the filing said.
CAT has come up with its own problems today. Glad I don't own any of it. Boeing (BA) is still going crazy. Not sure why it is going up so fast but I am not complaining. I guess Boeing is an example of the old sell picks and shovels instead of hunting for gold theory. Over time it is better to sell planes instead of investing in the airlines.
My portfolio is looking pretty good this year. Lucky with a few of my stocks but you don't have to be much of a picker to have things look good. It is just a matter of good and better.
Looking good! And Boeing is going crazy.
Looks like similar performance. Fund expense must be taken into account also. VFINX has an expense ratio of 0.17% but if you get Admiral shares of this same fund, the expense ratio is 0.05%.
The only qualification for Admiral shares is that you have $10,000 in the fund and request that it be invested in Admiral shares. Otherwise everything is identical.
But the goal is to outperform conventional S&P 500 funds on an after-tax basis."
So has it done better than the Vanguard S&P 500 index fund?
Sorry, I didn't think it posted the first two times so I deleted the same message from the first two.
I'll have to have a look at VTGLX. I have some money in a couple of Vanguard Index Funds (Admiral shares) which have very low fund charges and fees.
COL is more dependent on government contracts so every time our Congressmen have a fit, COL responds. ROK tends to follow the general business climate.
A small dividend is better than no dividend...
I'm sure you are correct about the lack of confidence by management. Nobody wants to split and have the stock price drop.
I don't know about Boeing, but ROK has split in the past anytime the stock price has stabilized over $100. We'll see if they hold to form or let it get up a bit further before considering a split.
Things are looking good here.... I like what ROK is doing.
Before the merger with North American Aviation, Rockwell made truck axles and other automotive products.
While not exactly a spinoff, Boeing has done well after acquiring Rockwell's aviation assets which ROK stockholders received Boeing stock for.
I don't know about AT&T. I inherited a little AT&T from my mother which I still own. I figure I didn't pay for it and it pays a good dividend. I don't own enough to worry about.
ROK evolved from a company that made airplanes, Apollo space capsules, and truck parts to what it is today which isn't even close to the same line of business.
After the spinoff Conexant was CNXT and since I sold it within a year I didn't hang around to see what happened to it.
Conexant was the one I was thinking of. Good thing I dumped it when I did. I wish I would have sold it when it was above $100 but I still make a good profit. When it started dropping it went down like a rock over just a few months.
The best spinoff was Boeing which wasn't really a spinoff. Rockwell sold the aircraft and rocket portion of their business to Boeing and we received BA shares as a result. The Rockwell Collins was a true spinoff (or division of the company) and those shares have done pretty well and pay a dividend.
Yes, the Arvin Meritor was one of the spinoffs. I sold mine because it wasn't doing anything and I couldn't see any real future in it. The other spinoff was the Rockwell modem company (which I can't remember the exact name of) It went from $2.65 a share to over $100 back in 1999 and I got pretty nervous about it. I sold when it had dropped back to $78 and it continued to go down from there until it disappeared.
Rockwell Collins has done pretty well while paying a decent dividend.
Yes, working out the cost basis on these things is a pain.
My father worked there so I have owned it since it was North American Aviation. All the spinoffs (Boeing, Rockwell Collins, etc) have been very profitable over the years. And the dividend just keeps coming.
Oshkosh (NYSE: OSK ) won a $22 million contract modification funding purchases of Family of Medium Tactical Vehicles -- armored trucks for the Army. The DOD noted that with the modification in place, the cumulative total face value of this contract now exceeds $4.6 billion for Oshkosh.
ROK closed at over $100 per share today for the first time.
Oshkosh Corporation (NYSE:OSK) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Share price up 10% today.
Feel sorry for him? He deserves a lot of stinko years.
Rockwell Automation Keeps Dividend at $0.52
Pentagon to Buy $192.8 Million Worth of Fire Trucks From Oshkosh
Oshkosh, Wis.-based Oshkosh (NYSE: OSK ) landed a sizable contract award from the Pentagon on Thursday.
The firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the procurement of P-19R Aircraft Rescue Fire Fighting (ARFF) vehicles for the U.S. Marine Corps has a completion date of May 29, 2018, and a ceiling value of $192.8 million. In addition to the vehicles themselves, Oshkosh will provide the USMC with "support and sustainment" services on the new vehicles.
The P-19R is specified as being capable of initiating firefighting operations within five minutes of an alarm. It must have a built-in system for automatic extinguishment of fires on the vehicle itself, and it must be small enough to be transportable aboard an Air Force C-17 transport.
These new vehicles will replace and upgrade the Corps' current fleet of A/S32 P-19A firefighting, aircraft crash, and structural fire trucks.