Dividend Growth Forum

Full Version: What Did You Buy Today?
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767
(05-04-2020, 03:22 PM)Otter Wrote: [ -> ]
(05-04-2020, 03:14 PM)fenders53 Wrote: [ -> ]Hindsight is always fun to second guess.  It looks clearly overvalued now but if you sold it early 2018 when it was overvalued you just missed a double. Nobody said this was easy.  Smile

Past earnings and stock price are the only hard data we have. By P/E ratio, DG is presently valued above forecast 2023 earnings, using its historical averages. 

Chuck Carnevale's consistent position on looking for value within the DGI space has always resonated with me. If all that mattered to me was the dividend going up each year, I'd just sell my entire portfolio and buy VDIGX.
Eric and I both give respect to Chuck's data and use it for buy decisions.  Above average growth is about the only thing that makes it tough.  As you are well aware the market assigns a huge premium for that, and we never know what year order is restored,  but it will be restored.  Fast graphs is better at telling when it's safest to buy, rather than when to sell.  Selling always the hardest part IMO.
(05-04-2020, 03:28 PM)fenders53 Wrote: [ -> ]
(05-04-2020, 03:22 PM)Otter Wrote: [ -> ]
(05-04-2020, 03:14 PM)fenders53 Wrote: [ -> ]Hindsight is always fun to second guess.  It looks clearly overvalued now but if you sold it early 2018 when it was overvalued you just missed a double. Nobody said this was easy.  Smile

Past earnings and stock price are the only hard data we have. By P/E ratio, DG is presently valued above forecast 2023 earnings, using its historical averages. 

Chuck Carnevale's consistent position on looking for value within the DGI space has always resonated with me. If all that mattered to me was the dividend going up each year, I'd just sell my entire portfolio and buy VDIGX.
Eric and I both give respect to Chuck's data and use it for buy decisions.  Above average growth is about the only thing that makes it tough.  As you are well aware the market assigns a huge premium for that, and we never know what year order is restored,  but it will be restored.  Fast graphs is better at telling when it's safest to buy, rather than when to sell.  Selling always the hardest part IMO.

I find selling very hard, unless the dividend gets cut or is at serious risk of being cut. GE needs 400% gains from where it is today just to get back to where it was before the first big cut in 2017 was anticipated by the market.
O beat earnings and collected 83% of April rent. That's good if it doesn't get worse going forward. Doesn't sound like a 2020 Rev or EPS growth story but this outcome may be priced in, or close enough.

ChadR

Added to MO & IVZ.
(05-04-2020, 03:34 PM)Otter Wrote: [ -> ]
(05-04-2020, 03:28 PM)fenders53 Wrote: [ -> ]
(05-04-2020, 03:22 PM)Otter Wrote: [ -> ]
(05-04-2020, 03:14 PM)fenders53 Wrote: [ -> ]Hindsight is always fun to second guess.  It looks clearly overvalued now but if you sold it early 2018 when it was overvalued you just missed a double. Nobody said this was easy.  Smile

Past earnings and stock price are the only hard data we have. By P/E ratio, DG is presently valued above forecast 2023 earnings, using its historical averages. 

Chuck Carnevale's consistent position on looking for value within the DGI space has always resonated with me. If all that mattered to me was the dividend going up each year, I'd just sell my entire portfolio and buy VDIGX.
Eric and I both give respect to Chuck's data and use it for buy decisions.  Above average growth is about the only thing that makes it tough.  As you are well aware the market assigns a huge premium for that, and we never know what year order is restored,  but it will be restored.  Fast graphs is better at telling when it's safest to buy, rather than when to sell.  Selling always the hardest part IMO.

I find selling very hard, unless the dividend gets cut or is at serious risk of being cut. GE needs 400% gains from where it is today just to get back to where it was before the first big cut in 2017 was anticipated by the market.
I bail within 24hrs on a dividend cut.  Sometimes it pays to wait for the opening dive to recover.  I recall exactly zero times when I didn't have a chance to re-enter later at a better price.  I re-evaluate like it's a brand new position.  I rarely see a good reason to re-enter.  I've been re-evalutating a re-entry into KMI for about five years now.  I'm still good, or maybe I'm just bitter lol.

Seriously though, this crisis might be that one time when you take a time-out and re-enter a position when the price is right.  It's not reasonable to expect a company to fully prepare for this.  But if you were in trouble in a week I got no time for your bad balance sheet management.  Smile     

Selling decisions are tough.  I've left a lot of profits on the table over the years, but those were good companies I just thought had outrun their valuation and the market said I was wrong.  Lately I've sold CBRL, DAL, FUN and DOW in my flight to quality.  I'll buy them back cheaper if it makes sense.  Or make income trying to enter on my terms with a put sale.

desidividend

been adding GD,WFC,UPS,DFS

crimsonghost747

20% of those RDS sales going to LHX today.
Still 40% left.
I see the market is drunk on all the awesome news again. I was thinking about adding 1000 shares of IP but I guess it will have to wait. Smile

I better go look for something to trim.
(05-05-2020, 08:50 AM)crimsonghost747 Wrote: [ -> ]20% of those RDS sales going to LHX today.
Still 40% left.
I was a little surprised to see them cut 2020 guidance.  I guess nobody is completely immune from the CV.  Great stock anyway.  Some of my Utes are cutting due to our gentle winter.  Hopefully that will cause some bargains but probably not.
I think oil had legs................. Look at them go

Hmmm should I buy XOM and EOG???

Fenders what does your crystal ball day?? You see $10 a barrel lol

crimsonghost747

(05-05-2020, 10:19 AM)fenders53 Wrote: [ -> ]
(05-05-2020, 08:50 AM)crimsonghost747 Wrote: [ -> ]20% of those RDS sales going to LHX today.
Still 40% left.
I was a little surprised to see them cut 2020 guidance.  I guess nobody is completely immune from the CV.  Great stock anyway.  Some of my Utes are cutting due to our gentle winter.  Hopefully that will cause some bargains but probably not.

Indeed. According to their Q1 presentation they are expecting a $0.52 per share hit to earnings from the virus in 2020. Apparently it's mostly related to the little exposure they have to commercial aviation and obviously in small part to the added expenses that are required to keep their employees safe.
While you all are selling RDS I just bought it. It's still paying a 4% yield and I can live with that. I see the dividend cut as good news. This is the first time they have cut the dividend since WW2. That tells you something. The dividend will come back. In the meantime this gives them a chance to pay back debt. Buy it while its at the bottom. They are well manges and one the best at coming out of bad times. The dividend cut was baded on where oil could be heaed. They wanted to be safe then sorry. XOM and others should do the same if they were smart.

Straight from the CEO mouth

We think the business is fundamentally a much better one following the dividend cut, and expect debt levels to fall rapidly over 2021-22

COP did the same back in 2016 and slowly increased the dividend. I see the same happening to RDS.A

As of the end of 2019, Shell had $18.1 billion in cash and equivalents on its balance sheet. Meanwhile, its long-term debt load of $65.9 billion is on the lower end of the spectrum compared to its mega-oil peers, at 1.2 times EBITDA compared to a range of 0.9 times to 2.3 times. It has a high-grade credit rating of AA-/Aa2 from the major ratings agencies, which should ensure it can access additional capital if needed.
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767