Decisive Dividend Corp V.DE

Whopper of a miss.

[prophetoffactz]

Now you know why Bruce Campbell has been such an aggressive seller for so long.
 
Average of four analysts at Yahoo! expected $35.23 million in revenue. DE.v delivered $29.4 million for a 16.54% miss. Three analysts expected an average of $.11 profit. DE.v delivered $.01 profit for a 90.9% miss. 

Seasonally weak Q2 incoming:

"...we are expecting a more historically typical quiet Q2 due to the seasonality of some of our businesses..." news release

[nedstar71]

Not trying to pile on here but I can't for the life of me figure out why this was ever trading at above $10.  At $10 it pays a 5.4% yield.  No need to look any further than that.  This is a 7% yielder at best in this market imo, which puts the price in the mid $7 range.  

[CoreyB]

Not sure what your point is supposed to be, you insinuate that it is overpriced because of the yield, the price dropping makes the yield even higher.  7% yield is crazy, what else spits out that much?  Maybe I shouldn't mention that I (and likely many others at even better ratio) am locked in at a 15% yield here by being in long ago at much lower SP.  Dips allow for accumulation

[nedstar71]

Most royalty and dividend plays out there spit out that much (and some more), as did pipelines until the very recent strength.  You think DE should be yielding as much or more than some of the Canadian banks?  Because at $10+ it was.  That made no sense.  The price you bought, while great for you personally is not meaningful regarding where the shares should be trading at.

[nedstar71]

Apologies, my statement about yielding as much or more than some of the Canadian banks was not worded correctly.  My point is when this is trading at $10 some of the Canadian banks paid better yields.  And most royalty companies, pipelines etc paid much better yields.  The premium this was getting just made no sense to me.

[CoreyB]

I think you are confused about how the dividend works, the yield drops as the price rises until/unless the company increases what it is paying for a dividend.  With the stock price dropping recently due to target "miss" on financials, the yield is actually increasing.  Only 2 of the Canadian banks are anywhere near the yield this thing puts out, thos ebeing Laurentian Bank at 6

[nedstar71]

I understand the yield metrics.  At $10 they didn't make any sense, given this is not free of risk, as illustrated by the recent earnings.  I just used the Canadian banks as an example.  For this a 7% yield is fair if not generous, which puts the share price in the mid $7 range where it is trading now.  I understand what you are saying about share price determining the