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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
lewdog 10:02 PM 06-20-2022
Originally Posted by Rain Man:
I keep thinking about buying AMD, and should have. I've got a few other chipmakers and they've all generally done well, but I missed the boat on AMD.
Hasn’t been at these levels since July of ‘21, 50% off it’s high currently.

Just saying.
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Buehler445 10:03 PM 06-20-2022
I think industry thinks of dividends like prehistoric times.

The way I see sentiment of management is that once they can get away with dumping a dividend they won’t go back.

Probably not for utilities etc.

Pure speculation here but I’d guess they’d reserve cash for acquisitions to bump stock prices. That’s pretty much what GE did. Fell in love with acquisitions that would bump their earnings they could extrapolate their (better) earnings multiple to and bump their stock price. Then when the acquisitions didn’t yield corresponding earnings multiples they had to pay the piper. Cut the dividend and divested. And Emmelt ate shit and his successor lasted 9 months.

Pure speculation but history rhyming and all.
[Reply]
Rain Man 10:04 PM 06-20-2022
Originally Posted by lewdog:
Hasn’t been at these levels since July of ‘21, 50% off it’s high currently.

Just saying.
(Finger hovers over button.)
[Reply]
Halfcan 10:06 PM 06-20-2022
Originally Posted by lewdog:
Only one of those I'd touch is AMD but I don't think it pays a dividend?

I'd consider GILD for the dividend. Pass on the rest.
Why not the others- they are at bargain prices?

I am also looking at these.

EMN Eastman Chemical
ABR Arbor Reality
HCA Health
ORC Orchid Island Capitol
[Reply]
Rain Man 10:07 PM 06-20-2022
Originally Posted by Buehler445:
I think industry thinks of dividends like prehistoric times.

The way I see sentiment of management is that once they can get away with dumping a dividend they won’t go back.

Probably not for utilities etc.

Pure speculation here but I’d guess they’d reserve cash for acquisitions to bump stock prices. That’s pretty much what GE did. Fell in love with acquisitions that would bump their earnings they could extrapolate their (better) earnings multiple to and bump their stock price. Then when the acquisitions didn’t yield corresponding earnings multiples they had to pay the piper. Cut the dividend and divested. And Emmelt ate shit and his successor lasted 9 months.

Pure speculation but history rhyming and all.

That's something I'm really wondering about. I don't see why companies offer dividends at all. It's a big cash drain. So will the big hotels and cruise lines ever bring them back? If I was the CEO, I'd probably lobby the board against it.
[Reply]
Halfcan 10:08 PM 06-20-2022
Originally Posted by lewdog:
Hasn’t been at these levels since July of ‘21, 50% off it’s high currently.

Just saying.
This!

That is why I shop in the bargain bin. :-)
[Reply]
neech 08:08 AM 06-21-2022
Originally Posted by Halfcan:
Why not the others- they are at bargain prices?

I am also looking at these.

EMN Eastman Chemical
ABR Arbor Reality
HCA Health
ORC Orchid Island Capitol
I had EMN for awhile I sold at around 112 a year ago as it was trending up nicely then started to edge downward more then I liked so I had to give it the knife. It has a nice dividend also.
[Reply]
scho63 08:41 AM 06-21-2022
Check out BDN at these levels for it's dividend

Brandywine Realty Trust.
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scho63 08:46 AM 06-21-2022
FWIW Halfcan, in the future could you put a wall of text like that in spoiler tags?

Brutal to read the last few responses in this thread.
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Buehler445 12:37 PM 06-22-2022
Originally Posted by scho63:
Check out BDN at these levels for it's dividend

Brandywine Realty Trust.
Thanks for the heads up. That looks like a nice little stock to own.

Remains to be seen what will happen but I picked some up in my gambling account
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Rain Man 01:11 PM 06-22-2022
Originally Posted by scho63:
Check out BDN at these levels for it's dividend

Brandywine Realty Trust.
I've been reading that REITs do well in inflationary environments. I hold a few, in large part because they got destroyed in the shutdown but as long as I don't sell them I still get the dividends. They don't seem to be thriving, but they've generally held their own in this latest bear market, which is a win.
[Reply]
scho63 03:28 PM 06-22-2022
Originally Posted by Buehler445:
Thanks for the heads up. That looks like a nice little stock to own.

Remains to be seen what will happen but I picked some up in my gambling account
Look at it solely for dividends and reinvest it each quarter
[Reply]
scho63 03:35 PM 06-22-2022
Originally Posted by lewdog:
How do you find your criteria for a target buy price? Genuinely interested in your technique.


[Reply]
lewdog 09:01 PM 06-22-2022
This used January 3rd as the starting point and was made on May 20th.....we add roughly 32 days to 161 and we're 193 days into this bear market.

Based on past instances, recovery to new highs will likely take 2-3 years.


[Reply]
Rain Man 09:05 PM 06-22-2022
Originally Posted by lewdog:
This used January 3rd as the starting point and was made on May 20th.....we add roughly 32 days to 161 and we're 193 days into this bear market.

Based on past instances, recovery to new highs will likely take 2-3 years.

I don't like the look of those five-year recoveries.
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