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Relictorum•

They do not have enough positive financials for a compelling investment. There are plenty of other companies in the same price range that have positive numbers and pay fat dividends. They seem to have issues as a going concern. They aren't GE, that's for sure.

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onliveOP•

What companies would you recommend that are in the same price range with those kind of dividend payouts?

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Relictorum•

GE's $27 and pays 3.31%. CSCO's about the same price and pays 2.8%.

OOps. What was I looking at? LNCO's dividend is 14% ... facepalm ... wellll, here's a page of stocks in that range ...

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Amorphica•

Just realized you're the same guy I talked about GILD with briefly earlier. It seems you dislike all the companies I hold or daytrade hahahah.

Anyways, I assume you know LINE is an MLP and that LNCO is a corp that holds LINE units. What numbers did you look at to determine that linn has a going concern? They are one of the better hedged upstream MLPs. I just worry you're looking at GAAP numbers which are not generally as useful when valuing MLPs since you really need to look at dcf or coverage ratio.

I don't think LINE or LNCO is perfect but I think they are safer than a lot of others in the energy sector.

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Relictorum•

I am looking at Morningstar, at the quote for LNCO, and their key stats are a list of blank lines ... then I got to yahoo finance, and look at their key stats here. More often than not, there's "N/A", or worse, some horribly negative number, where I expect a key valuation metric. After recoiling in horror from this strange, strange beast, I go back to fiddling with my spreadsheets of easy peasy things like GE and Cisco.

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Amorphica•

Haha yeah. Those numbers can be pretty misleading. The big metric with MLPs is distributable cash flow. It's definitely much more confusing than normal corporations. Especially since if you held LINE, distributions aren't just dividends, a portion are capital gains and a portion actually reduce your cost basis. It gets weird come tax time.

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