Thursday, February 28, 2013

Tough Sledding For MFI

I wrote last weekend that MFI seemed to be gaining some traction in my monthly tracking portfolios.  Scratch that.  Seems to have been some slippage.  I looked back at my 12 open portfolios and they are now all trailing the Russell 3000.  You would think that every once in a while there would be a break through... mais non.

My MFI holdings are sharing the same gravitational pull.  While the three tranches are in the green, they are trailing the R3000 by about 1.5 points on average.  Given the broader issues, I do not take it personally.

Tomorrow is an exciting day, ABR (which has been a solid buy thus far, up 10%) goes x dividend.  It is always (to me) a great feeling when I earn my first dividend on a new stock. No longer a goose-egg in the dividend column.


8/15 Stocks Start Current Dividend Pct Gain R3K Gain
DLB $34.43 $31.88 $4.00 4.2% 10.0%
KFY $13.98 $18.51 $0.00 32.4% 10.0%
MSFT $30.19 $27.80 $0.46 -6.4% 10.0%
NSU $3.62 $3.62 $0.05 1.5% 10.0%
UIS $19.96 $22.98 $0.00 15.1% 10.0%
Totals


9.4% 10.0%






11/15 Stocks Start Current Dividend Pct Gain R3K Gain
AAPL $537.62 $441.40 $2.65 -17.4% 13.4%
ABC $40.21 $47.20 $0.21 17.9% 13.4%
LPS $23.89 $24.56 $0.10 3.2% 13.4%
VIAB $49.12 $58.50 $0.28 19.7% 13.4%
WU $12.77 $14.03 $0.13 10.8% 13.4%
Totals


6.9% 13.4%






2/1 Stocks Start Current Dividend Pct Gain R3K Gain
AAPL $450.60 $441.40 $2.65 -1.5% 0.3%
GA $6.10 $6.20 $0.00 1.7% 0.3%
STRZA $16.06 $18.56 $0.00 15.6% 0.3%
CA $25.07 $24.51 $0.25 -1.2% 0.3%
NUS $41.94 $41.20 $0.30 -1.0% 0.3%
Totals


2.7% 0.3%

Wednesday, February 27, 2013

Bought Some Gold

Probably the most beaten down sector so far this year is gold miners.  Gold is not exactly off to a sparkling start, but miners are doing even worse. GDX, the gold miner's ETF is down a bit more than 10%.

I already owned NSU and FCX.  NSU is a highly speculative play, that is part gold but frankly more copper.  FCX is copper, gold and with the soon to be closed purchase of PXP and McMahon Exploration will have a large oil & gas component.

I decided to buy NEM, this is a large mining company (over $20b) that is relatively cheap (8 x forward earnings) and pays a decent dividend (3.4%). They are trading at their 52 week low, around $41 versus a 52 week high of $62.  They have joined my dividend portfolio.

I also sold MPC on Monday.  I now just own one refiner (HFC).  MPC was a great stock for me, my original purchase a year ago ended up 87%! 


Stock Shares Avg Cost Current Price Dividends Received Pct Change R3K Change Diff
AAPL             151        527.49        448.97            397.50 -14.4% 5.9% -20.3%
ABR         4,500            7.18             7.53                     -   4.9% -1.5% 6.3%
AOD       12,969            3.91             3.93            270.00 1.0% 0.1% 0.8%
BHK         2,270          12.79           14.88        3,118.18 27.1% 11.3% 15.8%
CIM       20,000            2.77             2.94                     -   6.0% 1.5% 4.5%
CSCO         4,292          17.22           20.61        2,013.95 22.4% 12.9% 9.5%
CSQ         5,519            8.29           10.34        6,001.20 37.8% 28.4% 9.5%
FCX         1,560          32.17           31.93            343.75 -0.1% 4.3% -4.4%
HFC             904          36.03           54.30        1,960.20 56.7% 9.8% 46.9%
INTC         1,996          20.99           20.58        2,442.56 3.9% 21.9% -18.0%
JPM         1,684          35.29           47.60        1,494.26 37.4% 12.8% 24.6%
JQC         3,135            9.18           10.33        3,755.66 25.5% 11.1% 14.4%
KMF         1,873          22.08           31.74        4,453.63 54.5% 24.7% 29.8%
NEM             800          41.18           41.44                     -   0.6% 0.0% 0.6%
O             560          19.51           44.90        7,563.81 199.3% 76.0% 123.2%
OIBAX         3,948            4.94             6.53        6,820.74 67.1% 76.8% -9.7%
PGR         2,118          20.56           24.30        2,596.23 24.2% 10.9% 13.2%
PRE             540          67.58           88.27        1,628.69 35.1% 11.1% 23.9%
PVD             427          65.11        103.50        3,787.87 72.6% 25.1% 47.5%
SAI         4,726          12.83           11.32        1,938.29 -8.6% 6.6% -15.1%
STO         1,040          23.82           25.11        1,121.00 10.0% 27.5% -17.6%

           



           



           



           



           



           



           










Total Open

           51,708 20.9% 13.2% 7.7%
Closed



13.1% 9.8% 3.3%
Combined



15.3% 10.8% 4.5%
Annualized IRR Since 12/31/10

16.5%

2013 Gain



5.2%


GA reported earnings (Giant Interactive Announces Fourth Quarter and Fiscal Year 2012 Results and Regular Dividend of US$0.42 Per ADS) last night and announced a 42 cent dividend and a switch (going forward) to semi annual dividends.  I am starting to wish I had bought more.  If they pull back, I may buy for my dividend portfolio, not just MFI.

Also, SLCA had blow out earnings yesterday and shot up about 18%.  I am having seller's remorse.