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

To: Grommit who wrote (50722)	5/8/2013 6:00:28 PM
From: E_K_S	1 Recommendation Read Replies (1) of 78670

Digital Realty Trust Inc. (DLR) -NYSE - Upped my position AH after a "short call" by J. Jacoboson AH: bid: $64.11/share ask: $65.70 (I paid $64.61/share) Jonathon Jacobson Ira Sohn Conference [LIVE] 5:20 PM EST: Digital Realty Trust Inc. (NYSE:DLR) is a melting ice cube says Jacobson. 5:20 PM EST: Digital Realty Trust Inc. (NYSE:DLR) is a REIT with a market cap of over $10 billion. Shares have dropped almost 5% after market. 5:22 PM EST: Price Target $20 on Digital Realty Trust Inc. (NYSE:DLR). Stock closed at $69 today. Short interest on float is around 13%. 5:23 PM EST: Digital Realty Trust Inc. (NYSE:DLR) dividend not sustainable, no moat, capex keeps going higher. Stock down 7% now. 5:24 PM EST: Competition coming in from Google Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT). 5:27 PM EST: Recurring capex looks like $413 million to Jacobson. Digital Realty Trust Inc. (NYSE:DLR) share recovered slightly, down 5.8% now. 5:29 PM EST: Bottom line from Jacobson Digital Realty Trust Inc. (NYSE:DLR) can’t pay dividends. ------------------------------------------------------------------------------ Stock off 6.64% so I added my shares as I see this as a buying opportunity. Could be wrong but it's about the properties they own, and the rents they can obtain. The company is levered w/ debt almost 26x net income to long term debt but the FCF is good. FFO increased 9% YoY to $4.50/share. Selling may be over done. Do not see $20.00/share as short target unless these spaces become a commodity and rates are on par w/ warehouse spaces. I would like to see the company pay down some long term debt but w/ a historical low interest rate environment, this leverage does make sense. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next