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

To: E_K_S who wrote (35956)	11/16/2009 1:11:10 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78661

EKS, I also prefer to scale out of a position. And I often keep a small stub position. With the utilities I have, I have such a large number in my basket that I'd rather just sell out the position completely and not have small position/stub clutter there. These utility stocks frequently move in tandem now, so any future gains I forgo with one stock, I presume will be made up somewhat with some gains from other utility stocks. I'm adding more TPZ. It does trade funny: Can't exactly describe it, but it is a little off-putting. Cut back back my BMY shares a few days ago, intending to hold remaining shares and buy back sold shares at lower price. That part of my plan hasn't worked. -g- Will continue to hold BMY shares I have though. NYB. The media reports by some pundits ---who say NYB may have to cut dividend because there's not enough reserves and mortgage defaults will be higher -- have spooked me, and last month I sold my position. Not sure of my facts here, it seems much of the properties NYB has are under rent control, people getting a very good deal being in the properties and not willing to leave for more expensive similar, so there's big incentive for these people not to default. And they haven't. And NYB's position is that their reserve amount, small as it seems to outsiders, is sufficient for the business. Critics say, defaults could still hit; the properties need costly maintenance maybe not so well-covered by the rents, etc. Essentially I've been in NYB for the dividend. For 8% though, if I'm doing that, I'm figuring, rather than risk NYB I will get the 8% plus or minus, with a diversified etf and/or bond fund. So I skated on NYB.

To: E_K_S who wrote (35956)	11/20/2009 2:09:57 AM
From: Paul Senior	Respond to of 78661

In for a few shares of SRE today. SRE and Nissan in the news today here: "SDG&E, Nissan Unveil Zero-Emission, All-Electric Vehicle in San Diego" finance.yahoo.com

To: E_K_S who wrote (35956)	3/25/2010 4:01:50 PM
From: E_K_S	Read Replies (1) \| Respond to of 78661

Re: Siemens AG American Depositary (NYSE: SI) - div yield 1.6% Empire District Electric Co. (EDE) - div yield 7.0% Atmos Energy Corporation (ATO) - div yield 4.7% Peeled off shares of SI ( now down to 50% of my original buy 8/2009) and added to my ATO and EDE positions. I upped my EDE position by 50% and have built my position to 1.5% of the taxable portfolio. I am taking partial profits in my low dividend payers and adding to my higher dividend payers. I am looking at the total return of the investment so once I lock in a dividend yield of 5% or more, I only need a 5% increase in the price to generate a net 10% return. The dividend gets you half way there w/ no growth. I am also tempted to reduce my exposure to the international infrastructure builders as the bulk of the stimulus money is already committed. Unless we enter a double dip recession, new stimulus money or money net yet spent will probably be reallocated and used to reduce debt. SI has more exposure to the falling EURO but FLR, SHAW and CBI all have exposure to a weak EURO. EKS