Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Paul Senior	1/9/2009 7:07:42 PM
	Read Replies (1) of 78748

Added a little to bdc NGPC. "NGP Capital Resources Company (Nasdaq: NGPC) is a financial services company that invests primarily in small and mid-sized energy companies. Key focus areas for our energy investments are the domestic upstream businesses that acquire, develop and produce oil, natural gas and coal; midstream businesses that gather, process, store and transport oil and natural gas; power generation; oil field services and other energy services; and alternative energy." [t]NGPC[/t] has a lot not going for it. It's in financial services (so unattractive!); it's a business development company (the bdc business models don't seem to be working); it's in the energy biz (there's a glut of oil/gas now apparently); it pays a dividend that's high enough to where it might be unsustainable. Well, the insiders are buying and holding on though, apparently: finance.yahoo.com As of the Dec. 19 press release regarding the Jan. quarterly div. there was no indication that the div. might be cut for the next quarter. The yield annualized is 18%. At this point (today's stock price), I've backed up my losing position with a small add.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next