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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (24564)	4/8/2016 12:25:53 AM
From: Steve Felix	1 Recommendation Recommended By E_K_S Respond to of 34328

I hope you are right! I won't be buying too many stocks with a 30% yield. The ships with Hyundai Merchant Marine are at least a cockroach. Both CPLP and HMM are hard to get real time info on imho. Probably should have said I bought being able to accept a 50% cut at this price. If they don't cut at their next call I expect it will bounce up and I will be doubly happy. As you said, we will see.

To: Elroy who wrote (24564)	4/8/2016 12:53:58 AM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

For whatever reason I can't copy and paste this article: joc.com You can access for free, five articles a month. It states "HMM is teetering on the brink of bankruptcy.... Korean Development Bank decision of delaying principal and interest payments on HMMs debt until June has allowed the carrier to give these negotiations with ship owners another shot................" ".............If HMM is unable to secure these lower rates, and an adjusted payment schedule, the company will collapse, and none of its creditors will get paid............" I saw an article on SA where a mouthpiece said that even without these ships with HMM, CPLP would still have one times coverage. We will see I guess.