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Thursday, May 21, 2009

Coal, Infrastructure, Added Bank Folio , added Shipping Picks and Duh stopped smoking again

Hello ev1 hope all is having a good day. My nerves are shot I have started to stop smoking again this is Officially day #2 yahoo!! Any way I will do the best I can and will beat this monkey off my back soon I know I can do this with everyone's help. So enough about me on with my recent changes in to my holdings.

I picked up 2 coal stocks ACI, arch coal and picked up the etf KOL from Market Vectors added to my basic material folio. In my shipping folio I added TNK, DHT, and HRZ sold trmd.

Added PXR (PowerShares Emerging Markets Infrastructure Portfolio )to my emerging markets folio.

Sold MCD mcdonalds for 15.2% profit let it go. Have not found a service stock to replace mcd in my services folio yet.

I then took all my sector etfs and split them up into their own folios. Started a Bank Folio, containing approx. 13 picks.

Seems I am out of time for today off to take the wife to the doctor and then to work so have a good day all and thanks for reading my blog.

Tuesday, May 19, 2009

Top 50 Buy and Hold Investing Blogs By ETF Database

Very proud to see my blog getting around the investor world. Just click the title to view the article wrote by the fine guys over at ETF Database, I am very happy that my dividend news is getting out and helping some people. Be sure to spread the word and get my blog passed around. I am here to help all that I can, as I can only learn what I try. Your comments or suggestions are always welcome on my site. Again thanks for viewing my Blog and don't forget to visit our new Dividend Basket book/ electronics shop.

Small plug from article be sure to click title to view the whole article some very nice investing research sites.

"When it comes to investing, there is still a solid core of gurus and bloggers that maintain that buy and hold is the way to go. Indeed, even as some pundits declare buy and hold dead, there are those who maintain themselves as buy and hold, or at least long term, investors. For the average Joe investor, long term can be a good idea. It allows you to make long term gains that are often more than enough to beat inflation and provide you with income in your later years. Here are 50 blogs and blog posts that can help you develop a long term investing plan:"

Again thanks.

Cross Timbers Royalty Trust (CRT) Declares May 12 cent Cash Distribution

U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), today declared a cash distribution to the holders of its units
of beneficial interest of $0.124749 per unit, payable on June 12, 2009, to unitholders of record on May 29, 2009. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

XTO Energy Inc. (XTO Energy) has advised the trustee that increased oil prices for March production led to the partial recovery of excess costs on properties underlying the Texas and Oklahoma Working Interests. However, there were not enough proceeds from the properties underlying the Texas and Oklahoma Working Interests to be included in this month's distribution.

Disclosure I am long Shares of CRT in my Oil and Gas Folio, I do not OWN xto shares at this time. I will be selling CRT shares this afternoon into this rally, purchased around $16.00 and will sell at $22.50.

Update just got stopped out at $22.50 on CRT.

Permian Basin Royalty Trust (PBT)Announces May Cash Distribution

U.S. Trust, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT), today declared a cash distribution to the holders of its units of beneficial interest of $.050173 per unit,
payable on June 12, 2009, to unit holders of record on May 29, 2009.

This month's distribution increased due primarily to higher oil prices and increased production due to market demand. This would primarily reflect production for the month of March.

The worldwide market conditions continue to affect the pricing for domestic production. It is difficult to predict what effect these conditions will have on future distributions.

Disclosure I am long PBT shares in my Oil and Gas folio.

American Software's (AMSWA) Board Approves the Quarterly 9 cent Cash Dividend

American Software, Inc. (Nasdaq: AMSWA) today announced that its Board of Directors has approved the Company's quarterly dividend of $0.09 per share. The Company's regular
quarterly cash dividend of $0.09 per share of American Software common stock is payable on September 25, 2009 to shareholders of record at the close of business on August 21, 2009.

In other News :

ATLANTA (Mau 15, 2009) American Software, Inc. (NASDAQ: AMSWA) announced today that it has agreed to increase the price of its offer to acquire all of the outstanding common stock of Logility, Inc. (NASDAQ: LGTY) not currently owned by American Software to $7.02 per share net to the seller in cash, without interest. The $7.02 offer price represents a premium of 40.4% when compared to the closing price on March 18, 2009 (the last trading day prior to the initial announcement of the tender offer) and a 37.6% premium over American Software’s original proposal of $5.10, which was also the closing price on May 14, 2009. The tender offer is expected to commence as soon as reasonably practicable. American Software currently owns approximately 88% of the outstanding common stock of Logility.

Disclosure I am long AMSWA Shares in my technology folio

Safe Bulkers, Inc. (SB) Declares Quarterly Dividend of $0.15 per Share

Safe Bulkers, Inc. (NYSE:SB - Quote), an international provider of marine drybulk transportation services, today declared a quarterly dividend of $0.15 per share for the first quarter of 2009.

The Company today declared a cash dividend on its common stock of $0.15 per common share payable on or about May 29, 2009 to shareholders of record at the close of trading of the Company's common stock on the New York Stock Exchange (the "NYSE") on May 22, 2009. The Company has 54,508,907 shares of common stock outstanding as of today.

This is the fourth consecutive cash dividend the Company has declared since its initial public offering on May 28, 2008. The dividend for the first quarter of 2009 was maintained at the same level as that for the previous quarter.

The Board is continuing a policy to pay out a portion of the Company's free cash flow at a level it considers prudent in light of the current economic and financial environment. The declaration and payment of dividends, if any, will always be subject to the discretion of the Board of Directors of the Company, and will depend on, among other things, the Company's earnings, financial condition and cash requirements and availability, the Company's ability to obtain debt and equity financing on acceptable terms as contemplated by the Company's growth strategy, the restrictive covenants in the Company's existing and future debt instruments and global economic conditions.

Disclosure I am long SB shares in my shipping Folio

Union Pacific Corporation(UNP) Declares Quarterly Dividend of 27 Cents a Share

The Board of Directors of Union Pacific Corporation (NYSE: UNP - Quote) has declared a quarterly dividend of 27 cents per share on its common stock, payable July 1, 2009 to stockholders of record May 29, 2009.

Union Pacific has paid dividends on its common stock for 110 consecutive years.

Union Pacific operates the largest railroad in North America, covering 23 states in the western 2/3rds of the country. The ex-dividend date is may 27th, you must on the stock one day prior to ex-dividend date to receive the dividend.

In other UNP news :

Union Pacific Railroad plans to spend $15 million on track improvements to its line from St. Louis to Poplar Bluff, Mo.

When the project is complete, crews will have removed and installed 90,000 ties, spread 28,000 tons of rock ballast to ensure a stable roadbed, renewed the road surfaces at 60 crossings and nearly three miles of rail in various curves, Union Pacific said Tuesday. Crews replaced the crossing surfaces January through April.

The tie replacement project began April 25 and is scheduled to be completed by the end of July.

Disclosure I am long UNP shares in my Railroad Folio.

Sysco(SYY) Declares 158th Consecutive Quarterly Dividend

Sysco Corporation (NYSE:SYY - Quote) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.24 per share, payable on July 24, 2009, to common shareholders of record at the close of business on July 2, 2009.

The ex-dividend date is June 30. The date you must own the share to collect this dividend.

With record sales of $37.5 billion, a 7.1% increase and record net earnings on $1.1 billion, a 13.1% increase (FY08), Sysco continues to be the global leader in the foodservice industry.

Sysco expected to earn 1.80 a share next year EPS, putting a fair P/E of 13.00, makes it a great buy at 23.40, however Sysco has $1.52 a share in cash as well. I placed my target at $28.00, as I do believe that they should be able to easily obtain the 1.80EPS they are aiming for. We are for sure not going to stop eating today, tommorow and anytime in the future.

Disclosure I am long shares of SYY in my Services Folio.

Double Hull Tankers(DHT) misses by $0.03, reports revs in-line Declares .25 Cent Dividend

Double Hull Tankers (DHT-Quote) Reports Q1 (Mar) earnings of $0.26 per share, excluding non-cash expenses, $0.03 worse than the First Call consensus of $0.29; revenues rose 19.8% year/year to $29.8 mln vs the $29.6 mln consensus.

The Board of Directors of DHT has decided to pay a dividend of $0.25 per share for the first quarter 2009. The dividend will be paid on June 16, 2009 to shareholders of record as of the close of business on June 3, 2009.

About DHT

On 18 October 2005, DHT Maritime, Inc. (formerly Double Hull Tankers, Inc.) (NYSE: DHT) commenced operations as an independent tanker company. The Company acquired seven double hull crude oil tankers from Overseas Shipholding Group, Inc. (OSG), a market leader in global energy transportation services with a fleet of more than 100 crude tankers and petroleum product carriers. In December 2007 and January 2008, DHT took delivery of two Suezmax tankers. DHT's modern fleet consists of three Very Large Crude Carriers (VLCCs), two Suezmax tankers and four Aframax tankers.

The seven vessels acquired from OSG in 2005 were chartered to OSG on October 18 2005 for periods ranging from five to six and one-half years. OSG has options to extend the charters for an additional five to eight years depending on vessel. In return, DHT receives a base charter hire and expects, through a profit sharing agreement, to benefit from earnings over and above the base charter hire rates. The vessels are operated in the largest commercial tanker pools in their segments: Tankers International and Aframax International, respectively. The vessels are technically operated (crewing, maintenance, repairs, drydockings etc.) by a subsidiary of OSG at fixed cost to DHT. The two Suezmax tankers are on seven and ten year bareboat charters to OSG.

On Janaury 4, 2008, DHT announced a dividend policy of a fixed quarterly dividend of $0.25 per common share. DHT intends to pursue a strategy of providing shareholders with a stable and visible distribution and also position the Company to use its incremental cash flow to fund future growth opportunities.

Disclosure I am long DHT shares, in my shipping Folio.

Monday, May 18, 2009

Illinois Tool Works reiterates 2Q profit forecast

Illinois Tool Works Inc. backed its second-quarter guidance Friday, saying its total revenue should grow 5% to 11% when compared to the prior quarter. The Glenview, Ill., manufacturer expects earnings from continuing operations to be in the range of 25 cents to 37 cents a share. For the three months ended April 30, Illinois Tool Works said operating revenue fell 25%. Base revenues appear to be stabilizing, the company said. Shares of Illinois Tool Works fell 1.3% in premarket trading to $33.09.

Disclosure I am long ITW shares.

Sunday, May 17, 2009

Dividend Stock analysis of China Mobile(CHL) adr emerging stock

Ok my analysis of China Mobile Limited (CHL), This is a emerging market place on wireless mobile phones. Based in Hong Kong, more than 160 million phones were sold in China in 2008! China mobile has a 75% market share in China. Currently has 470 million subscribers, 50 larger than the entire US population. Where is the buy button, ha ha ha.

Currently traded at just a tad over 11 times earnings. Has $7.86 cash on hand per share., pays a twice a year dividend of 3.93%, and growing at a alarming pace with the dividends per year. Expected to increase sales by 5% even in these times. Carry's next to nothing in debt. Insiders own 75.25% of current 4.01 billion shares. Leaving less than 1 billion share to purchase on open market, that in itself could be considered a premium.

I have set a fair target price with earnings of $4.06 per share with a fair 15 P/E comes to a target price of $60.90 per share. Closed Friday night at %46.06. Now if you add the cash that drops the P/E way down to 4 to 5 range which makes this stock a steal. This is a technology play with a emerging market twist.

Disclosure I will be going long on Chl shares Monday order is in.

Thanks Dividend Basket

Buy and Hold is Dead? 401k? Roth Ira? Cool so what we do now?

Hello i cant help but, get mad when I see buy and hold is dead, gone a waste of time. Anyway you get my picture. So what is a 401k then why we need it if buy and hold is dead. Why would they allow roth ira accounts to grow tax free for life. You sure not going to trade everything every single day. No way you could make money like that.

I am 34 and I play the buy and hold game in my 401k , simply cause that is what the 401k is supposed to be. My company matchs 50% of the first 6 percent I put in, so I put in 6 percent. I buy what i want of what is there maybe 12 funds in all, personally really only like maybe 2 of them. Want a commodity fund so on and so on. Point is that i am forced to buy and hold.

I have a roth ira too, I put 6% percent in myself. I have 17 folios with approx. 10 picks per folio, either stocks, etfs, or closed ended funds. Personally picked by me As my buy and hold stocks. Plan to hold them for at least 5 years. You will hear me talk about my different folios, I own and will post articles and comments on the stocks in the folio's I have put together. This is in no way a recommendtion to buy these stocks without you personally doing your own research. This is where my money is and what I do.

I also have a traders folio, which based on this new market violity, I pick stocks to buy and play merely for a quick buck or two. Pinch 5 or 10 percent of the top here and there. This is my scalpers, trend pickers and all assorted other styles I am expermineting with. I am not sure what to do with these traders but I am slowly posting a profit from this folio, approx 5.6% so far. I will not play the inverse etf's, as I believe they are just not built right. Can't be that dumb with my money.

I still buy at least $5.00 per day spread between my 17 buy and hold folios. I reinvest all dividends daily. In my 17 buy and hold folios. They are all dividend paying holdings, typically I like 4 to 10 % dividend range. If a company cuts its dividend I look over holding, in most cases it is moved to my traders folio and held for a good profit release point. I typically target at least 5% profit on short term trade. Just what ever feels good, since in roth there is no taxes.

I am new want investing want to build a investment style I feel comfortable with. So feel free to follow me and one of the many ways you can be sure to comment on these articles. I work full time and have kids so I only blog when I can. Enjoy the ability to share my experience so that it may help all the Self Directed investor's out there. Thanks