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Dividend same as last quarter announced
STLD. solidy run company in MHO
The company's board of directors has declared a quarterly cash dividend of $0.1375 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2015, and is payable on or about October 9, 2015.
About Steel Dynamics, Inc.
Steel Dynamics, Inc. is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals recycling capability, with annual sales of $8.8 billion in 2014, approximately 7,700 employees, and manufacturing facilities primarily located throughout the United States (including six steel mills, eight steel coating facilities, an iron production facility, approximately 80 metals recycling locations and eight steel fabrication plants
I own this stock as of this posting
I bought some today prior to ex dividend date.
this one looks like it has some potential for long term
in my humble opinion
EQR
moonshot from 17.97 to 18.17, lol
stld
volume today through the roof already,
10:24 am 701,135 average 10 day 3.0M
STLD
if fed doesn't raise rates in September this could be a good one to trade in and out of in my humble opinion .
it got smacked down yesterday. I bought some shares on the news of a new asset purchase. high volatility for trading long & short
http://www.nasdaq.com/press-release/steel-dynamics-to-expand-its-fabrication-operations-with-decking-asset-acquisition-20150914-00988
STLD
i give up, down 10%
good luck, still a good buy in my opinion.
blx
$29.50/share. Low end 12 mth price target
BLX
http://money.cnn.com/quote/forecast/forecast.html?symb=BLX
Bought some more shares of BLX on the dip here
BLX
BLX up for the day at present
Bloomberg Latin America stands to gain on currency devaluation from china.
BLXhttp://www.bloomberg.com/news/articles/2015-08-21/currency-turmoil-reveals-winners-in-latin-america-as-china-loses
Silver up! BLX finances some silver miners. I'm hanging in there as long as I can! BLX
Shorts are wrong here, china devaluing & I don't think fed will raise rates. Wayboversold in my opinion.
BLX
below Bollinger band!
macd -.05
rsi 20
screaming buy at these levels in my humble opinion!
BLX
buy on dips! fed minutes are going to reveal no raise in rates in my humble opinion. BLX
buy on the tank! so new housing is up? can't last forever, prices so high pricing many out of the market.
Buy BLX on the dips!
if we can hold out until FOMC meeting sept they wont raise rates and moonshot!
*in my humble opinion.
global rate hikes on hold? Bloomberg video link
bullish for BLX in my opinion
http://www.bloomberg.com/news/videos/2015-08-12/has-china-s-yuan-move-put-global-rate-hikes-on-hold-
Bloomberg breaking! has oil reached bottom?
if so this is bullish for BLX
http://www.bloomberg.com/news/videos/2015-08-12/is-oil-making-a-bottom-in-rebound-from-six-year-low-
Motley Fool, "Can BLX grow as Latin America.."
http://www.fool.com/investing/international/2015/07/14/can-bladex-grow-even-as-latin-america-stumbles.aspx
& response below
good commentary. I feel there are many opportunities for this stock to grow & the region to grow in my humble opinion
1. Sri-Kumar of Global Strategies is Bullish on Brazil. He goes there several times a year. though Brazil is down now, "Brazil always bounces back & I am bullish on Brazil" quote Sri-Kumar. BLX holds a significant portion of loans in Brazil.
2. Potential Nicaraguan Canal. Even if the canal doesn't get built, Nicaragua has stabilized & in my opinion offers the best opportunity for growth 2nd too..
3. Cuba...all eyes on Cuba.. this is a huge opportunity for BLX
4. P/E ratio 8. hmm, in an overvalued market, what more could you ask for
5. Dividend 6% . after current smackdown in price, annual dividend is now over 6%.
6. this , BLX company, is the equivalent of the "Central Bank" of Latin America. though it may not be fair, can central bankers really loose?
7. with weakening USA stats & China's devaluation of currency, can the FED really raise rates now in September?
8. Even if the Fed did raise rates in September, I believe, again in my opinion, that by the time they announce raising at the next FOMC meeting, the stock will have already priced in the rise and go upward , it's the old attage, buy on rumour sell on fact, well in this case, sell on rumour buy on fact.
China Devalues, Buy Foreign Stocks, see video link ( mentioned in last 30 seconds of video, but, whole video is worth it )
BLX ,
interesting. if the fed doesn't raise rates in September ( which im thinking they might not ) this could be a possibly good time to buy shares here ( in my humble opinion )
I saw a report too that oil demand is very high right now.
AGDE
Div yield 6.04% as of today
shes in freefall mode. keep smashing price, I ll buy at p/e below 9. and juicy dividend.
BLX
Cuba , I wonder what Cuba will export to the USA. I wonder if BLX will have a hand in financing some deals? hmmm... interesting.
BLX
Revenue/Employee $1,231,667
Income Per Employee $548,410
BLX
36 dollar price target
source NASDAQ.COM
http://www.nasdaq.com/symbol/blx
Komal sri-kumar. "I have been visiting Brazil for 35 years. One thing about Brazil, it always bounces back. I am bullish on Brazil." Source Bloomberg TV 8-6-15
BLX has a large portion of its loans in Brazil. Could now be a good time to accumulate shares?
*as of this post I do hold shares of BLX stock.
p/e 9.8
ex dividend 7/23 .385c share
5 million dollar just sealed.
buy buy buy! in my opinion
https://trading.scottrade.com/quotesresearch/ScottradeResearch.aspx?page=%2fqnr%2fStocks%2fArticle%3fdockey%3d1-SN20150721014669-6CMCKJEQOICMB9OBE97B1VCDCP%26symbol%3dBLX%26ref%3dstocks%2fsnapshot
im done with this one & moving on. win some lose some
PNC overextended , fair market value $86 share.
seeking Alpha, Josh Arnold
time to short?
http://seekingalpha.com/article/3337275-pnc-financial-is-way-overextended-here
Shorting PNC here. Dow rolling over
Sick chart here. Futures way down
http://ih.advfn.com/p.php?pid=staticchart&s=NY%5EPNC&t=26&showctype=1&width=300&height=192&delay=1&p=0&min_pre=180&min_after=240
Shorting here PNC
look at 3 month chart. if she doesn't break past 99.61 on the upside and down past 18,350 this baby is going to correct some in my humble opinion. look at both the 3 month chart for PNC & the DOW. anyone else see what i see? anyone else shorting here?
flash crash at open. wild swings. low of 95.50 on day.
could the stock buy back program be stock manipulation program?
i.e. crash stock, on news day and buy back?
once the buy back program stops she's in for a bumpy ride.
in my humble opinion. maybe a good one to short if she doesn't take out 52 week high hit in june in my opinion
PNC
down .93 in opening minutes. executed well!
PNC short trade position opened yesterday.
Blowing smoke stacks! STWD. Up up up & away she goes!!!
.48 cents share dividend! Ex div 6-26!
Stwd mmmm, juicy!
BLX keeps growing even with low oil prices
http://www.fool.com/investing/international/2015/04/16/bladex-keeps-growing-despite-weak-oil.aspx
first quarter earnings exceed analyst estimate of .71 cents a share! BLX
Bladex First Quarter 2015 Net Income Reached $28.8 Million, Or $0.74 Per Share (+23% YoY)
3 days 20 hours 34 minutes ago - DJNF
PANAMA CITY, April 16, 2015 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based supranational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade finance and economic integration in the Region, today announced its results for the first quarter ended March 31, 2015.
First Quarter 2015 Highlights
Reported results:
-- Bladex's first quarter 2015 ("1Q15") Net Income totaled $28.8 million
(+23% YoY; -20% QoQ), on year-on-year improvements in business income
(+10% YoY) and non-core results.
-- Net interest income totaled $35.8 million in 1Q15 (+11% YoY; -7% QoQ),
mainly from higher year-on-year average loan portfolio balances and
higher net margins resulting primarily from lower average funding costs.
-- Fees and Other Income totaled $2.8 million in 1Q15, on lower balances in
the letters of credit business, while there were no fees from closed
transaction recorded in the loan intermediation and syndication business,
as several transactions still remain in progress.
Key performance metrics:
-- The Bank's 1Q15 annualized return on average equity ("ROAE") reached
12.6% versus 10.9% in 1Q14 and 15.7% in 4Q14.
-- Net interest spread and net interest margin in 1Q15 was 1.68% (+6 bps
YoY; -8 bps QoQ), and 1.84% (+5 bps YoY; -8 bps QoQ), respectively. The
YoY improvement was mainly driven by higher average loan portfolio
balances (+9%) and lower average funding costs (-7 bps).
-- The 1Q15 Business Efficiency Ratio, which excludes non-core revenues and
expenses, was 33% (-2 pts. YoY; +1 pt. QoQ), as business operating
revenues increased 7% YoY and decreased 14% QoQ, while business operating
expenses decreased 1% YoY and 11% QoQ.
Credit Growth & Quality:
-- Average Commercial Portfolio balances amounted to $7.1 billion in 1Q15
(+8% YoY; -2% QoQ), while the end-of-period Commercial Portfolio balances
stood at $7.1 billion as of March 31, 2015 (+7% YoY; -1% QoQ).
-- Non-accrual loans to total loan portfolio balances amounted to 0.32% as
of March 31, 2015, while the ratio of the allowance for credit losses to
the Commercial Portfolio ending balances was 1.23% (+5 bps YoY; +3 bps
QoQ). The credit provision to non-performing loan balances ratio was 4.2
times as of March 31, 2015.
FINANCIAL SNAPSHOT
(US$ million, except percentages and per share
amounts) 1Q15 4Q14 1Q14
------------------------------------------------------ ------ ------ ------
Key Income Statement Highlights
Operating revenues $42.2 $51.8 $36.5
Operating expenses $13.0 $14.5 $13.5
Business Net Income(1) $26.4 $30.5 $24.0
Non-Core Items (2) $2.5 $5.6 ($0.5)
Net Income attributable to Bladex Stockholders(3) $28.8 $36.1 $23.5
Profitability Ratios
Earnings per Share ("EPS") (4) $0.74 $0.93 $0.61
Return on Average Equity ("ROAE") 12.6% 15.7% 10.9%
Business ROAE(5) 11.5% 13.2% 11.2%
Business Return on Average Assets 1.35% 1.52% 1.34%
Net Interest Margin ("NIM") 1.84% 1.92% 1.79%
Net Interest Spread ("NIS") 1.68% 1.76% 1.62%
Efficiency Ratio 31% 28% 37%
Business Efficiency Ratio (6) 33% 32% 35%
Assets, Capital, Liquidity & Credit Quality
Commercial Portfolio $7,093 $7,187 $6,610
Treasury Portfolio $393 $393 $353
Total Assets $7,955 $8,025 $7,179
Market capitalization $1,276 $1,167 $1,021
Tier 1 Basel I Capital Ratio (7) 16.2% 15.3% 16.4%
Leverage (times) (8) 8.4 8.8 8.1
Liquid Assets / Total Assets (9) 11.6% 9.2% 8.0%
Non-Accruing Loans to Total Loans, net of discounts 0.32% 0.06% 0.05%
Allowance for Credit Losses to Commercial Portfolio 1.23% 1.20% 1.18%
Credit provision to non-performing loan balances
(times) 4.2 21.4 24.9
------------------------------------------------------ ------ ------ ------
CEO's Comments
Mr. Rubens V. Amaral, Jr., Bladex's Chief Executive Officer, stated the following regarding the Bank's First Quarter 2015 results: "Allowing for seasonal effects not uncommon in our business during the early part of the year, we are pleased to report solid results for the first quarter of 2015.
Weakness in commodity prices, especially so in the case of oil products, has put a damper on origination volumes, even as demand continues to be strong. We have managed to compensate these effects by diversifying into other sectors, such as financial institutions, food and beverage, retail trade, among others, and remain committed to privilege well priced business over sheer volume growth.
Regarding credit quality, we are carefully watching and managing our exposures in order to proactively address and minimize any potential impact on the bottom line, and with that we have only had to make minor adjustments to our reserve coverage levels. As confident as we are regarding the quality of our book of business, we continue to remain vigilant in case the operating environment for our client base suffers any adverse changes.
Operating performance remains on track, and continues to show year-on-year improvements. On the fee income side, we are also making good progress even in the absence of a completed structured transaction this quarter. Our letters of credit business is diversifying away from higher risk environs, and the pipeline of transactions being worked on looks strong, leading us to remain confident regarding our ability to reach our fee income targets this year.
We are aware of the headwinds impacting the economic development of the Region, with 2015 growth estimates now being lowered to levels similar to last year's. Nevertheless, we believe that Bladex continues to be very well positioned to thrive in this environment." Mr. Amaral concluded.
.385 ex dividend date soon
bought 1,000's on dip
juicy BLX