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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: SI Bob who wrote (26397)3/26/2007 1:49:40 PM
From: Paul Senior  Read Replies (2) | Respond to of 78744
 
I'll take a few shares of commercial real estate reit, FPO now.

Just to diversify a little. A few shares to start with and to follow.

Div yield okay, not great (for a reit) at about 4.7%.

Positives are: little insider sales; fund investors Davis, Marty Whitman, Franklin Templeton have positions.

finance.yahoo.com



To: SI Bob who wrote (26397)3/26/2007 2:41:50 PM
From: SI Bob  Read Replies (3) | Respond to of 78744
 
Rebought WPL @ $11.04. Yeah, I know that's trading; not investing, so I'll try to go easy on that stuff in this thread.



To: SI Bob who wrote (26397)3/27/2007 7:47:33 AM
From: Bridge Player  Read Replies (1) | Respond to of 78744
 
Bob, WPL traded quietly for several years in the 15-20 range.

Then, last summer, they cut the dividend by 23%, and the stock dropped 1/3 in price to 10. IMO strong stock and bond markets during 2006 should have been good for their portfolios and their business.

Are you comfortable that they will not cut the dividend again, and what factors might give you that confidence?