Hi all, Yahoo lists one analyst for OXLC and he/she raised the EPS estimate within the last 7 days. Does anyone have any info on this or who the analyst is? Thank you
A
Does Eagle Point call the 6.75% bonds? or how about the 7.75% ones that are callable 10/30/21. They just issued a new C at 6.5% due 6/16/31. Will they use proceeds to pay off other bonds?
G
what is the most recent NAV?
J
I took the plunge a few days ago with 1000 shares, primarily looking for the dividend but certainly won't turn down any appreciation in stock price.
o
ECC has the number of shares reported each quarter on its web site (along with the NAV). It has added 4 million shares in the last 9 months (or 16% dilution of the NAV). ECC are on pace to dilute the NAV by 20% in 2019. So they are paying you about 15% per year - but diluting the value of your existing shares by over 20% per year. Are you really getting paid in this situation?
If you are expecting the NAV to bounce back next year, ask yourself what happens if the assets fully recover their original value after 2 years - but you now have to share those fully recovered assets with 40% additional people.
R
Big move in price the last 4 trading days. 18.05 up to 19.04. Does that mean there may be a dividend increase on the way?
M
Insider Buying. Changed monthly divy closer to all income. 8 cents. 15% yield. What's not to like
S
Eagle sold 2,020,923 shares in Oxford Lane Capital.
M
Doubled my Position here today this has been a reliable monthly dividend payer to me
K
Negative article on Seeking Alpha today.
D
After careful consideration of Jim's recent post, I've concluded that between oxlc and ecc, oxlc seems to be the better choice of CLOs. I have closed out my position in ecc and will reinvest in oxlc. GLTA
Not a great sign that they haven’t announced dividend !
M
I believe rising rates help this company buy buy buy
D
yahoo has their 1 yr target set at $16 & last month it was set at $17. Do they now something that I'm not seeing here?
p
Dividend is up .02 cents for third quarter! Will be back to .20 cents soon. Thank you!
b
OOP, meant to post this on OXLC
M
Last 4 quarters show increases in revenue. Last year earnings 30 million compared to first 3 quarters of this year we have equaled that. There is nothing in the balance sheet that says dump this stock. In fact I might add to my holdings
It has added 4 million shares in the last 9 months (or 16% dilution of the NAV).
ECC are on pace to dilute the NAV by 20% in 2019.
So they are paying you about 15% per year - but diluting the value of your existing shares by over 20% per year.
Are you really getting paid in this situation?
If you are expecting the NAV to bounce back next year, ask yourself what happens if the assets fully
recover their original value after 2 years - but you now have to share those fully recovered assets with 40% additional people.