Comments on: Sell Plum Creek Timber PCL http://jubakpicks.com/2009/07/15/sell-plum-creek-timber-pcl/ Sat, 11 Feb 2012 09:31:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Rich http://jubakpicks.com/2009/07/15/sell-plum-creek-timber-pcl/comment-page-1/#comment-224 Rich Thu, 30 Jul 2009 19:06:13 +0000 http://jubakpicks.com/?p=318#comment-224 Hi Jim: Just 'rediscovered' you and your new site, and trying to play catch-up from when you left MSN this spring. I am behind in four buys (MSFT, POT, JOYG, & QCOM) and what looks like 3 sells (PCL, USB Capital and PBR). The sells are what are confusing me - on the site it shows no sells for Jubaks Picks Portfolios, and the three sells for the 50 Portfolio. Is that correct, or are the sells actually from the 12-18 month Portfolio? My brokerage account was changed from a 401 to an IRA in April but I lost all basket/portfolio info when the switch was made, so that has added to my confusion. Thanks for any help - welcome back; you were missed! Rich Hi Jim:

Just ‘rediscovered’ you and your new site, and trying to play catch-up from when you left MSN this spring.

I am behind in four buys (MSFT, POT, JOYG, & QCOM) and what looks like 3 sells (PCL, USB Capital and PBR). The sells are what are confusing me – on the site it shows no sells for Jubaks Picks Portfolios, and the three sells for the 50 Portfolio.

Is that correct, or are the sells actually from the 12-18 month Portfolio?

My brokerage account was changed from a 401 to an IRA in April but I lost all basket/portfolio info when the switch was made, so that has added to my confusion.

Thanks for any help – welcome back; you were missed!

Rich

]]> By: Jim Jubak http://jubakpicks.com/2009/07/15/sell-plum-creek-timber-pcl/comment-page-1/#comment-29 Jim Jubak Thu, 16 Jul 2009 16:14:54 +0000 http://jubakpicks.com/?p=318#comment-29 Before I bought any natural gas shares I'd make sure I knew what percentage of production is hedged. Ultrapetroleum (UPL), for example, has substanial hedges in place arouind $5. That gives the company great downside protection from current prices well below $5, but also limits the upside from a winter spike. If you want to play the seasonal game, look for a company with low producton costs but that is relatively unhedged. Before I bought any natural gas shares I’d make sure I knew what percentage of production is hedged. Ultrapetroleum (UPL), for example, has substanial hedges in place arouind $5. That gives the company great downside protection from current prices well below $5, but also limits the upside from a winter spike. If you want to play the seasonal game, look for a company with low producton costs but that is relatively unhedged.

]]> By: Jim Jubak http://jubakpicks.com/2009/07/15/sell-plum-creek-timber-pcl/comment-page-1/#comment-28 Jim Jubak Thu, 16 Jul 2009 16:12:23 +0000 http://jubakpicks.com/?p=318#comment-28 The other issue with PCL is where recent land sales have come from. A lot seem to have been conservation sales in Montana. As I understand these sales, they aren't a reflection of demand for real estate for home building but of the desire of varous public and private entitiies to buy up some land for conservation purposes. The other issue with PCL is where recent land sales have come from. A lot seem to have been conservation sales in Montana. As I understand these sales, they aren’t a reflection of demand for real estate for home building but of the desire of varous public and private entitiies to buy up some land for conservation purposes.

]]> By: sigli http://jubakpicks.com/2009/07/15/sell-plum-creek-timber-pcl/comment-page-1/#comment-26 sigli Thu, 16 Jul 2009 14:08:09 +0000 http://jubakpicks.com/?p=318#comment-26 PCL spoke at the 2009 NAREIT conference. They told a great tale. However, during the Q&A, management was asked a question regarding dividend sustainability if the housing market stays weak. The answer was basically "then all bets are off". I think that says enough as all bubbles overcorrect (except timber because it keeps growing). We have a long time yet before housing rebounds. I'm looking for a $15 price and sustainable cash flow. Jeremy PCL spoke at the 2009 NAREIT conference. They told a great tale. However, during the Q&A, management was asked a question regarding dividend sustainability if the housing market stays weak. The answer was basically “then all bets are off”. I think that says enough as all bubbles overcorrect (except timber because it keeps growing). We have a long time yet before housing rebounds.

I’m looking for a $15 price and sustainable cash flow.

Jeremy

]]> By: sk http://jubakpicks.com/2009/07/15/sell-plum-creek-timber-pcl/comment-page-1/#comment-24 sk Thu, 16 Jul 2009 07:13:57 +0000 http://jubakpicks.com/?p=318#comment-24 [Commodities] Jim, there has been a lot of talk about natural gas prices, particularly in the context of UNG. Natural gas seems to be at an all time low now, with some down trend potential. Do you think we will see a price spike during winter when the seasonal demand for NG increases? [Commodities]
Jim, there has been a lot of talk about natural gas prices, particularly in the context of UNG. Natural gas seems to be at an all time low now, with some down trend potential. Do you think we will see a price spike during winter when the seasonal demand for NG increases?

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