Spike's Scientific Stock Analysis

[spikefader]

Hi Spike ...

What's your take on BPT? They're paying about an 11% dividend. I'd appreciate your input, if you'd care to look at it.

Regards,
Dave

Looks like it's got a nice breakout about to happen on the weekly.
$59 is a good target if you snag a good entry.
I'd chase the green daily turn up....

[New-born baby]

Bpt

df,

BPT is a royalty trust that pays a Canadian dividend. The $1.54 dividend will be reduced by the exchange rate, currently .8093, and a 15% tax withholding. In other words, looks like you'll get approximately $1.06 if you buy it before 1-12-05, and hold through 1-15-05.

Beg your pardon, Spike, but I trade these Canroys regularly, and I don't see $59. I could very well be wrong, but I expect BPT will stay at this level, max. As I say, I could be wrong, but the nature of these beasts are not growth plays. Just an income stock. The run up in price, IMO, is due to the coming dividend.

Best investing to you all,.

[spikefader]

...beg your pardon, Spike, but I trade these Canroys regularly, and I don't see $59. I could very well be wrong, but I expect BPT will stay at this level, max. As I say, I could be wrong, but the nature of these beasts are not growth plays. Just an income stock. The run up in price, IMO, is due to the coming dividend.
Best investing to you all,.

Thanks for the indication New-born, good stuff to know, but gee that chart looks bullish Fibs suggest a C might have just been bought early Dec weekly chart. I'll buy you a beer if I'm wrong

[New-born baby]

Bpt

Spike,

I love A&W brand root beer, esp. one with the symbol you made a month back or so.

BPT jumped up with the dividend increase from 1.30 to 1.54 Canadian this past quarter. They pay quarterly dividends, as compared to many Cans which pay monthly dividends. In any case, the ex-date is 1-12-05, and you must hold through the record date of 1-15-05. During those three days, historically the price drops about twice the size of the dividend. Now if the dividend is $1.06 USD, then I'd expect BPT to drop about $2.

I'll buy you a A&W Root beer just because you're a nice guy.

[df21084]

Thanks Spike and New-born. I appreciate your input. I bought 100 shares today. We'll see how it goes.

Regards.

[New-born baby]

df and BPT

df,

How can you go wrong buying BPT? The dividend covers alot of share price. If the trade moves against you, you can console yourself with the dividend. And it ain't all taxable, either. A good percentage is ROC, (return of capitol), because it is a depleting asset. I just don't see $59, or even $55 for that matter. But then again, I could be blind.

Best investing to you!

[spikefader]

Spike,

I love A&W brand root beer, esp. one with the symbol you made a month back or so.

BPT jumped up with the dividend increase from 1.30 to 1.54 Canadian this past quarter. They pay quarterly dividends, as compared to many Cans which pay monthly dividends. In any case, the ex-date is 1-12-05, and you must hold through the record date of 1-15-05. During those three days, historically the price drops about twice the size of the dividend. Now if the dividend is $1.06 USD, then I'd expect BPT to drop about $2.

I'll buy you a A&W Root beer just because you're a nice guy.

Aw thanks!

LOL ya, the bullseye! Need to pull that out again for SIRI. It's about time I think.

[spikefader]

..but then again, I could be blind....

LOL, with these glasses, I suspect you could be

[New-born baby]

Deadline for $59?

Spike,

Nice posts!

Hey, what is the timeline for $59? I want to start saving in case I lose . . . .

[df21084]

df,

How can you go wrong buying BPT?

New-born, Ya know ... that's exactly the same question I asked myself. That's precisely the exact time I started to get nervous.

In this particular case, I'm "chasing" the dividend in an effort to generate income in my IRA. I figure, if oil prices climb, this investment should do well. If, on the other hand, oil prices drop, I still get the dividend, and I can pay less at the pumps.

You stated that you trade these royalty trusts often. I'm hoping you've done well with them.

Regards, and thanks for the insight.

[noshadyldy]

Thanks Spike! Your the best!

[New-born baby]

df & the Canroys

df,

I wish I had spoken with you earlier. Perhaps I could offer some advice now that has been profitable to me and would profit you, too.

I have been investing on the Canadian side. In other words, I don't buy these on the NYSE like you did today. BPT is a good company, but the dividend is lower on the American side. Would you like to make 16.4% instead of 8% dividend? Call you broker (in my case, Scottrade), and buy APF Energy Trust (AY.UN) on the Toronto Stock Exchange. Solid company. Would you like an even safer investment paying 14%? Buy Acclaim Energy Trust (AE.UN). Payout is only 50% of income, and if natural gas drops in price, can still maintain the dividend. There are some others, too. If you'd like to talk further, ask me, and I'll give you my advice/experience. I have done very well with these Cans.

[dmk112]

Spike,

Do you think the market has hit the bottom today? And is this correction over? (shortterm)

[RL]

Rfil How Dose It Look

Spike If you have the time can you look at rfil

[spikefader]

Spike,
Nice posts!
Hey, what is the timeline for $59? I want to start saving in case I lose . . . .

OK, here's the timeline I'd give for it. Note, the lower trend line has to hold for the triangle, and hence the long setup, to remain valid.