AI
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| Posts | 483 |
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| Alias Born | 02/07/2006 |
Thursday, December 14, 2006 1:53:44 PM
Thanks for the feedback, thespleen.
Not so much a dividend junkie as something I use as an added "hedge" bonus on anything I feel is undervalued. The drop on the ex-div date is always frustrating, so I am now more likely to sell prior to the dividend, and buy back after, since it seems the price usually falls more than the divvy (computer programs possibly contributing based on a perceived drop in PPS).
Currently holding in the oil sector:
SDRLF - 5500 @ 12.70
VLO - 2300 @ 51.85
ESV - 200 @ 52.94
GSF - 100 @ 61.36
PDE - 190 @ 31.91
Also a tad of internet with AQNT (probably letting that one go shortly), and some pinkies.
Refining:
VLO - I have faith that VLO is okay long term, and I believe a 1 year target of $75 is very achievable. I feel their refining capabilities in sour crude has positioned them to continually buy lower price oil and capitalize on the higher market prices for refined product. I do wish I understood the connection with VLI and VEH better....working on that. Only concerns are politics with recent election results.
Drillers:
The small positions in GSF, ESV, and PDE are as of 12/7/06. I am spreading out in the U.S. space based on potential consolidation, and increasing demand (and higher rates cause of that) for drilling.
SDRLF I have been in for a while, and added alot more on the latest downturn. Two items, the consolidation aspect, and the majority owner, J Fredriksen, having a past history of big dividends. If he does with SDRLF what he did with FRO, could be huge. In that case, he set up a company SFL, bought out all the tankers through SFL, and leased them back to FRO. The cash was then paid back out to the shareholders through dividends.
As the acquirer, SDRLF would probably drop somewhat if they took GSF (or any of the others). I may take some SDRLF off the table and spread further into the potential targets.
Thanks for the information regarding other plays. You are absolutely right, conservative divvy plays. I am not yet at the point that I want to slow down my portfolio growth, but I will keep them in the back of my mind.
Please note; I promise shorter message in the future.
LITO
Not so much a dividend junkie as something I use as an added "hedge" bonus on anything I feel is undervalued. The drop on the ex-div date is always frustrating, so I am now more likely to sell prior to the dividend, and buy back after, since it seems the price usually falls more than the divvy (computer programs possibly contributing based on a perceived drop in PPS).
Currently holding in the oil sector:
SDRLF - 5500 @ 12.70
VLO - 2300 @ 51.85
ESV - 200 @ 52.94
GSF - 100 @ 61.36
PDE - 190 @ 31.91
Also a tad of internet with AQNT (probably letting that one go shortly), and some pinkies.
Refining:
VLO - I have faith that VLO is okay long term, and I believe a 1 year target of $75 is very achievable. I feel their refining capabilities in sour crude has positioned them to continually buy lower price oil and capitalize on the higher market prices for refined product. I do wish I understood the connection with VLI and VEH better....working on that. Only concerns are politics with recent election results.
Drillers:
The small positions in GSF, ESV, and PDE are as of 12/7/06. I am spreading out in the U.S. space based on potential consolidation, and increasing demand (and higher rates cause of that) for drilling.
SDRLF I have been in for a while, and added alot more on the latest downturn. Two items, the consolidation aspect, and the majority owner, J Fredriksen, having a past history of big dividends. If he does with SDRLF what he did with FRO, could be huge. In that case, he set up a company SFL, bought out all the tankers through SFL, and leased them back to FRO. The cash was then paid back out to the shareholders through dividends.
As the acquirer, SDRLF would probably drop somewhat if they took GSF (or any of the others). I may take some SDRLF off the table and spread further into the potential targets.
Thanks for the information regarding other plays. You are absolutely right, conservative divvy plays. I am not yet at the point that I want to slow down my portfolio growth, but I will keep them in the back of my mind.
Please note; I promise shorter message in the future.
LITO
Through the law of karma, the effects of all deeds actively create past, present, and future experiences, thus making one responsible for one's own life, and the pain and joy it brings to him/her and others.
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