tag:blogger.com,1999:blog-6097510160054715524.post8580525495189901390..comments2024-01-03T21:42:28.979-08:00Comments on DivGro: Recent Sell: Deere & CompanyFerdiShttp://www.blogger.com/profile/05008021146951839361noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6097510160054715524.post-24129021234157335742016-08-27T07:03:05.555-07:002016-08-27T07:03:05.555-07:00Like you, I'm OK with stagnant dividends (I he...Like you, I'm OK with stagnant dividends (I held INTC after a dividend freeze) and I'm still holding PNNT (I'll be writing about this one soon!). However, if the fundamentals sour one should be careful. <br /><br />Normally, I probably would have held onto DE until the dividend was frozen before deciding what to do. (Of course, DE might still raise the dividend just in time, who knows!). Anyway, I'm looking to position DivGro for options trading, so I'm consolidating a bit and DE looks weak enough to warrant me getting rid of it. <br /><br />Best of luck and I'd be curious to see what you decide to do...<br /><br />Take care<br />FerdiSFerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-1049956743031966812016-08-27T06:54:53.370-07:002016-08-27T06:54:53.370-07:00I'm long LMT and I noticed the stock is down 9...I'm long LMT and I noticed the stock is down 9% in the past 10 days or so. Still a little expensive at P/E of 20.33, though. FV for me is around $224 -- I'd definitely be interested at $200. But that's a long way to go from $244...<br /><br />I think all investors can relate to your last sentence: "Sometimes, it's not about what you buy, but what you don't". <br /><br />About swopping DE for CSCO -- do your own due diligence and make sure CSCO is for you. One of my reasons for liking CSCO (not stated in my recent article), is that it is priced at a nice level for options trading.<br /><br />All the best!FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-57132815747052153422016-08-27T06:38:25.314-07:002016-08-27T06:38:25.314-07:00I saw that -- some of it happened before the earni...I saw that -- some of it happened before the earnings announcement. I wonder if he continued selling after the stock price popped 13%!FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-72830439096647679982016-08-26T19:02:40.012-07:002016-08-26T19:02:40.012-07:00I've been contemplating doing the same thing f...I've been contemplating doing the same thing for much of the same reasons. I'm a bit more tolerant of stagnant dividends than others. But there's definitely lots of concerns going forward with no turn really in sight. DE is one of the holdings I really need to dig into over the next few days to see what management is saying because the numbers aren't pointing to anything special. I think they'll be able to hold the dividends steady until demand picks back up but it's one of those where is the volatility worth it. Since I'm not adding shares to take advantage of the volatility I keep leaning more and more towards no. Raising cash for other uses or better investment opportunities wouldn't be the worst thing in the world. Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-81025056370695215562016-08-26T18:19:58.376-07:002016-08-26T18:19:58.376-07:00Hi Fredi,
I've been contemplating exiting my ...Hi Fredi,<br /><br />I've been contemplating exiting my DE position since the recent rally in share price. I've been holding shares since 2013, and much like you, I am barely breaking even. Maybe I should put my $8,700 into Cisco instead. I don't follow the company, but with your recent assignment of 300 shares, it appears you like what their future has in store.<br /><br />When I bought DE, I almost bought LMT instead. It was trading in the high 80's and is now $244! And LMT's dividend keeps growing and growing. Sometimes, it's not about what you buy, but what you don't.<br /><br />CheersAverage Dividend Yieldhttps://www.blogger.com/profile/06413475902313285793noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-73332895587077285072016-08-26T16:59:48.042-07:002016-08-26T16:59:48.042-07:00I just noticed that Mr. Buffett has been selling h...I just noticed that Mr. Buffett has been selling his shares as well.<br /><br />-TDMThe Dividend Mogulhttps://www.blogger.com/profile/02767123332940449214noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-77966654903189412922016-08-26T15:24:34.985-07:002016-08-26T15:24:34.985-07:00Hi TDM -- thanks for visiting and commenting. I wa...Hi TDM -- thanks for visiting and commenting. I was fortunate to get out of DE with a profit. I set an alert on yahoo finance for my wanted exit price and was surprised to see it pop up in my e-mail last Friday. Then I noticed the stock jumped 13%! On further review, I saw the "less bad news" reason, which convinced me it was time to move on...<br /><br />Cheers<br />FerdiSFerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-16434297595527017582016-08-26T12:29:50.957-07:002016-08-26T12:29:50.957-07:00SFedi,
I do not and never have owned stock of DE,...SFedi,<br /><br />I do not and never have owned stock of DE, but interested to see where it will go from here. Obviously, I have heard of the company and products, but never have done any real research on it. Nice to see how you got out and still received a decent gain after all of the dividends received. I am always interested to see what DGI are selling as we do not see too many sales for the most part.<br /><br />-TDMThe Dividend Mogulhttps://www.blogger.com/profile/02767123332940449214noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-23483714371923181172016-08-26T08:47:39.653-07:002016-08-26T08:47:39.653-07:00Hi Pursuit 2 Freedom -- you're either a math g...Hi Pursuit 2 Freedom -- you're either a math genius or you're spending a lot of time checking up on other people's blog posts! :-)<br /><br />Anyway, thanks so much for pointing out the miscalculation. Not only did I count the $3 commission twice, I stated the profit as a capital loss... I think its fixed now. (BTW, I received $2,629.45 into my brokerage account -- divided by 30 is not quite $87.65).<br /><br />About DE -- yes, I don't think things look too bright for DE and I'm glad I got out at a profit.FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-5058479675451452172016-08-26T07:35:11.676-07:002016-08-26T07:35:11.676-07:00Hej Ferdi,
I can imagine you want to part of the ...Hej Ferdi,<br /><br />I can imagine you want to part of the company. The future does not look all to bright with stable dividends and declining revenue.<br /><br />I think you did miscalculate a little. 30 x 87.65 is a sell value of 2629.50 minus your purchase price of 2583.90 gives a profit of 45.60. Add the dividends and you made 189.60. A bit more than you think right now. :)Pursuit 2 Freedomhttp://www.pursuit2freedom.comnoreply@blogger.com