Sunday, March 29, 2015

Weekly Roundup - March 29, 2015

Quick update this week because I've been spending a lot of time with my wife and son at the hospital.  Luke's been giving us a lot of trouble this week so I didn't have much opportunity to write.  But I've got several ideas for some posts and of course some stock analyses to write up as well.

It was a relatively quiet week for my portfolio although I did finally add some more shares of AT&T to my portfolio.  I had a small position from when I first started my FI Portfolio but just never took the opportunity to add to it.  Well that's now been solved.

The big news for my portfolio though is that Kraft and Heinz are going to be merging into a new company.  Really good news is that the company will remain public and the dividend will be kept at the rate that Kraft is currently paying out and there will be a huge $16.50 per share special dividend.  Plus it never hurts to have Warren on your side.  I only wish I owned more shares since I had just started a position in Kraft within my Loyal3 portfolio and only own 3.57 shares.  Bummer since Kraft's shares popped on the news.  For more information on the merger announcement you can check out posts here and here.



In case you missed them, here's the posts from this past week.


Thanks to each and every one of you that read, commented on, and shared posts from here this past week.  I appreciate it so much more than I could ever hope to show you all.  Make sure you follow me on Twitter@JC_PIP and sign up to receive new post notifications via email so you don't miss anything.

Now on to the links!

Sold: Mattel (MAT) by Retire Before Dad

I've won the lottery by Dividend Mantra

Portfolio management tips by The Dividend Guy

Cash flow is NOT always king (Why appreciation matters) by FI Fighter

Why stock charts are misleading for investors by Dividend Growth Investor

Why you should plan for your retirement today by Financially Integrated

Advanced retirement calculator by Islands of Investing

More milestones by DivGro

The book value by Roadmap2Retire

I recently bought this classic dividend growth company by My Dividend Growth

The difference between building wealth and inventorying wealth by The Conservative Income Investor

This year is not average by Done by Forty

Chubb Corporation: Wait for weakness on this best of breed by Dividend Ladder

Recent buy - National Oilwell Varco, Inc. (NOV) by Dividend Growth Journey

Also if you're looking for ideas for further research candidates make sure to check out A Frugal Family Journey's Collection of Recent Buys and Stock Analyses.

Hope you all have a great rest of the weekend!

17 comments:

  1. JC,

    Sorry to hear about the trouble with Luke. Hope everything's alright over there!

    Glad to hear about KRFT for you, though. That's some good stuff.

    Thanks for the mention. Have a great weekend!

    Best regards.

    ReplyDelete
    Replies
    1. DM,

      He's stable now which is all we can really hope for. They're going to try a different drug tomorrow that will hopefully help him out and keep him in a better place.

      The Kraft-Heinz merger is awesome. Especially with that special dividend. Too bad I only have 3.5 shares in my Loyal3 portfolio. I need to look at the merger specifics a bit more and see if there might be a chance for an arbitrage situation if the markets pull back.

      Thanks for stopping by!

      Delete
  2. The link didn't work - what happened with luke???

    ReplyDelete
    Replies
    1. Evan,

      Sorry about that. I corrected the link so it should be working now.

      Delete
  3. Thanks for sharing the weekend readings JC. I'm glad your back blogging. I always enjoy your posts and thoughts. I was just on your sons blog and I was very saddened by the news. I know he's gonna be alright because he's a fighter. He looks like you bud :) I have children myself and I hustle hard for them. The love for our child is unconditional. Wish you the best and much love to your family. Take care.

    ReplyDelete
    Replies
    1. Hustler,

      It's nice to be back to blogging again although it's kind of bittersweet because it means I'm back at work when I'd much rather be with Luke. He is definitely a fighter! If you polled the doctors when he was first born I'd guess well more than 50% didn't expect him to make it too long. Unfortunately with severe cases of CDH the survival rate drops big time. But he's made it to 4 months old and hopefully getting a little bit stronger every day.

      Thanks for stopping by!

      Delete
  4. Sorry to hear about Luke. Hope things get better.

    Thanks for the mention, JC.
    R2R

    ReplyDelete
    Replies
    1. R2R,

      He'll be started on a new drug that has shown pretty good results on some other children so hopefully he'll have the same success. The frustrating part is that he's walking a tightrope the whole time until he can eventually grow out of his pulmonary hypertension issues. But he's still fighting!

      Thanks for stopping by!

      Delete
  5. I'm very sorry to hear about Luke. Hang in there.

    ReplyDelete
    Replies
    1. Done by Forty,

      He's still here and fighting which is all we can really ask. He's going to be a handful whenever we get to take him home and I imagine he'll be very hard-headed.

      Thanks for stopping by!

      Delete
  6. I am sorry to hear about your son. I hope he gets better.

    ReplyDelete
    Replies
    1. DGI,

      He's working on it. And I know he's still got a long road ahead of him.

      Thanks for stopping by!

      Delete
  7. Luke looks just like Daddy! I'm so sorry that he's had such a tough four month's so far, what an inspirational fighter he is (also like Daddy). My thoughts and prayers are always with your family.

    (Thanks for the mention.)

    ReplyDelete
    Replies
    1. Ryan,

      Lots of people have said that from day one but now that we get to see his face without a bunch of tubes in the way it's even more pronounced. He definitely been a big inspiration to me and the strength he has is amazing.

      Thanks for stopping by!

      Delete
  8. Sorry to hear about Luke, buddy. I haven't been following along as closely lately, but I'll just over there and catch up. I'm glad you're making some bucks in Kraft. Quick question, have you been able to put a value on the stock? If so, what is it? Given the recent move I think there is a HUGE Buffett premium at play. The valuation looks nuts and I'm trying to figure out how much the stock is worth to me.
    -Bryan

    ReplyDelete
    Replies
    1. Bryan,

      There's been so much that has gone on and it seems like a never ending emotional ride. But he'll be starting on a new drug for his pulmonary hypertension that should hopefully help him out.

      I honestly haven't given much look at the Kraft-Heinz merger because I've been up at the hospital for the last 1.5 weeks. But I hope to give it a lookover soon. I think there could be a possible arbitrage situation if the markets pull back and KRFT's share price gets pulled down. It was already a bit expensive before but with the addition of Heinz that should pull the valuation into a more realistic level. If you back out the $16.50 special dividend it's trading at about 40 TTM P/E for just KRFT's numbers. So it's most likely still expensive but who knows what Mr. Market will do.

      Thanks for stopping by!

      Delete
  9. Hope your son got well! And all the family too. Thank you for including me! Appreciated.

    Cheers!

    Mike

    ReplyDelete