Featured Articles
LNG Shipper Dynagas LNG Partners LP Sells a Tasty Preferred
Tim McPartland | July 14, 2015
Dynagas LNG Partners (a MLP), 1 of 2 public shippers, devoted to owning LNG ships has issued a nice cumulative perpetual preferred stock.All the details of the issue are here. The issue trades OTC grey market beginning tomorrow (Wednesday). For guidance on trading on the OTC grey market we outline the process here.DLNG is a small carrier as ocean shippers go…
Dynagas LNG Partners LP 9% Series A Cumulative Redeemable Preferred Units
Tim McPartland | July 14, 2015
Date Issued 7/14/2015Shares Issued 3,000,000 Overallotment Shares 450,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol DLNG-A OTC Temporary Ticker DYNGFMarket Traded ON NYSEDividend Payment Paid on the 12th of February, May, August and November beginning on 11/12/2015Quarterly Dividend .5625 Annual Dividend 2.25Securities may be redeemed, at the issuers option, as early as 08/12/2020 for a redemption…
Retail Sales Plunge and Inventories Grow
Tim McPartland | July 14, 2015
This morning the release of retail sales was nothing short of a disaster. While recent economic news has been 'ok', the retail sales numbers this morning are down right scary. Concurrently business inventories are at a level that are much too high.Retail sales today were announced at down .3% month over month---the concensus was +.3%. For the most part household…
A Review of Newer Unique mREIT Great Ajax Corp
Tim McPartland | July 12, 2015
There are more than enough typical mortgage REITs in existance today to fulfill the investing needs of most investors--but there is always someone looking to carve the available pie in a new and different way. Newer (came public 2/2015 at $14.25/share) mReit Great Ajax Corp (ticker:AJX) is not a typical mortgage REIT.AJX holds mortgages--primarily on single family residential, but also…
Taking a Look at NEW MLP 8point3 Energy Partners LP
Tim McPartland | July 9, 2015
When giant solar panel manufacturing companies First Solar (ticker:FSLR) and Sunpower (ticker:SPWR) get together on a project, investors need to sit up and pay attention. These 2 companies have gotten together on a venture that has huge potential down the road and we are considering being a part of it (by buying shares). Before we walk through some of the…