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


To: Paul Senior who wrote (39437)9/27/2010 7:56:07 PM
From: E_K_S  Respond to of 78568
 
Hi Paul -

Re: Golar LNG Limited (NasdaqGS: GLNG)

I own StealthGas, Inc. (GASS) which I followed you on in 2/2010 at around the current level.

Perhaps I should also add a bit of GLNG to my basket. GLNG pays a pretty good dividend at 4.8% but I noticed it was suspended in 2009 and cut by 50% in 2008. I would not count on the dividend as steady income w/ their previous history. GASS suspended its dividend in 2009. Perhaps it is the nature of the business & times.

GLNG carries a lot of debt and their dividend payout ratio is still pretty high.

I will put this one on my watch list as Fredrinksen is a smart operator/owner. This is a sector I eventually want to own along with all my other NG plays.

I generally like to buy below the 200Day MA which is 8% lower for GLNG from the current price.

I have been building up my cash position waiting for the inevitable market pull back. One percent yield from my local Credit Union is not very attractive but as long as the FED continues with their QE, it's probably as good as it gets.

EKS

FWIW - I have my eye on CAG and COV but both continue to move up from their previous lows. Both mentioned here by you and Grommit recently.

finance.yahoo.com



To: Paul Senior who wrote (39437)9/27/2010 9:16:49 PM
From: 8bits  Respond to of 78568
 

EKS, I don't see anything that I like that fits your requirements (respectable yield, and stock not near its high). Anybody here have any ideas for such?


Would PSEC fit the bill..? I am pretty sure it has been discussed here.

Oh... definitely discussed before:
siliconinvestor.com



To: Paul Senior who wrote (39437)9/27/2010 9:31:15 PM
From: Prasad  Read Replies (3) | Respond to of 78568
 
I offer CSUWF.Pk Consumers waterheater.
They pay a very nice dividend. (12%) I can't tell you how good its financials are. I am just a working physician with very minimal knowledge.I would appreciate your evaluation of it.

Business is prosaic they lease gas waterheaters in Toronto. They own the gas lines to houses;kind of gas utility.

[url]http://finance.yahoo.com/q?s=CSUWF.PK[url]