Nice close, that.
Around 2 p.m., I added more NADL for $5.43. I posted inside The PPT but didn’t have time to get out here. Of course, NADL did not enjoy the relief rally, so no harm no foul.
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Why not SDRL?
They still own what, 70% of NADL and pay a hefty divy while you hold (unless it’s cut).
Russians are suppose to take an investment in SDRL as well as NADL.
What’s your thinking, Leverage?
I liked NADL’s overall valuation
Ok, just seemed like you generally go for the yield if you can get it and SDRL seemed like the perfect play for your portfolio.
The yield is nice, I like the cash flow. But my approach does factor in more analytics than that.
Interesting enough, you shall all soon see more clearly.
Cain, I’ve been researching ESV over the last six months and like it’s long-term prospects. Have you ever looked at it, or have any opinion? Thanks.
I’m not familiar with them
Ok thanks