I'm not offering investment advice but...

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JOsborne
JOsborne Posts: 115 ✭✭✭
in U.S. Coin Forum
the dividend yield on Collectors Universe (CLCT) stock is 10%.

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  • bolivarshagnasty
    bolivarshagnasty Posts: 7,359 ✭✭✭✭✭
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    Sounds like stock advice............ but interesting to know. What is the stock currently trading at?
  • golden
    golden Posts: 10,534 ✭✭✭✭✭
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    I have been thinking about it for awhile.
  • Unknown
    Unknown
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    This content has been removed.
  • mariner67
    mariner67 Posts: 2,746 ✭✭✭
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    I hope you are not offering investment advice because the CLCT stock price has fallen 34% from a year ago!
    image
    Don't chase yield.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • Jinx86
    Jinx86 Posts: 3,729 ✭✭✭✭✭
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    Im a shareholder, but this is just one of many dividend stocks that I hold. Its about the long haul, not runs on the market. Almost have the look at it as a buying opportunity with upside potential in the stock and dividends to boot. I dont see coin/sports cards/paper money collecting falling off the planet anytime soon. That and a NEED for third party grading/authentication in all those markets.

  • lkeigwin
    lkeigwin Posts: 16,895 ✭✭✭✭✭
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    image
    Coin Photography Services / Everyman Registry set / BHNC #213
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    Originally posted by: FadeToBlack

    Whoa, if I had won the powerball, I could have taken a majority stake in the company and bought a baseball team too.




    CLCT is too thinly traded to even think about taking a majority stake. The big shareholders won't sell.
    theknowitalltroll;
  • CuKevin
    CuKevin Posts: 1,781 ✭✭✭✭
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    Originally posted by: golden
    I have been thinking about it for awhile.


    Me too.
    Zircon Cases - Protect Your Vintage Slabs www.ZirconCases.com
    Former CoFounder of Choice Numismatics

    All of my collection is in a safe deposit box!
  • mariner67
    mariner67 Posts: 2,746 ✭✭✭
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    Originally posted by: Jinx86

    Im a shareholder, but this is just one of many dividend stocks that I hold. Its about the long haul, not runs on the market. Almost have the look at it as a buying opportunity with upside potential in the stock and dividends to boot. I dont see coin/sports cards/paper money collecting falling off the planet anytime soon. That and a NEED for third party grading/authentication in all those markets.



    No real upside in stock price.
    Down 33% from 15 years ago.
    Basically even at 5 and 10 year charts.
    Factor in what is lost in price value due to inflation.
    You do the math.
    The only thing that "looks" appealing is the dividend %.
    Not worth it in the long term.
    JMHO.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • Unknown
    Unknown
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    This content has been removed.
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    I'd rather watch Roosevelt dimes tone in a Whitman folder image
  • TigersFan2
    TigersFan2 Posts: 1,442 ✭✭
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    The downside for CLCT stock is if they lower the $0.35 quarterly dividend. If they do, then it'll be trading under $10/share.
    I love the 3 P's: PB&J, PBR and PCGS.
  • Walkerguy21D
    Walkerguy21D Posts: 12,164 ✭✭✭✭✭
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    I recall a prominent forum member touting LNCO a year or so ago, for the
    substantial dividend.....that didn't turn out so well, at least for me, and that was after
    doing my own research on it. Of course, that's an entirely different business.




    Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • Yorkshireman
    Yorkshireman Posts: 4,616 ✭✭✭✭✭
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    I work for a major investment firm.

    Historically, the highest yielding stocks do poorly in a rising interest rate environment. It is the dividend growers that build wealth, but one still has to very choosy by looking at the supply and demand of specific companies relative to peers and the overall market. You can't determine that by reading a research report.

    PM me if you want to discuss further.
    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • AMRC
    AMRC Posts: 4,280 ✭✭✭✭✭
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    I understand a relatively high dividend is not sustainable.
    MLAeBayNumismatics: "The greatest hobby in the world!"
  • Booger9989
    Booger9989 Posts: 411 ✭✭✭
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    I am a shareholder and can say CLCT is definitely a thinly traded stock. I bought in at 14.80 a share. Should have sold when it was in the 17.50 range. If in fact it does make it back up in that range I will sell and wait for the dip to buy again. The dividend is nice but nothing to brag about. Today its up a bit but volume is really low. We shall see what goes on. If its like before it will go up right before dividend and then come back down after dividend. .
    Positive BST Deals as a seller : Wondercoin, Chumlee, Jerster, Perry Hall , DMarks, MWK, drewsef, SoCalBigMark, Lakesammman, Nurmaler
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    I heard similar negative comments when I purchased several thousand shares in 2009 @ around $3 a share. I sold most @ $20 - $24 range. ( I still hold about 500 shares) Patience will pay off.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    Originally posted by: Booger9989

    I am a shareholder and can say CLCT is definitely a thinly traded stock. I bought in at 14.80 a share. Should have sold when it was in the 17.50 range. If in fact it does make it back up in that range I will sell and wait for the dip to buy again. The dividend is nice but nothing to brag about. Today its up a bit but volume is really low. We shall see what goes on. If its like before it will go up right before dividend and then come back down after dividend. .




    Even tho the dividend isn't calculated into the stock price like the NAV for a mutual fund, the market generally "prices" dividends and cash into the price of a stock and at some point the share price will be reduced by the amount of the dividend.
    theknowitalltroll;
  • AUandAG
    AUandAG Posts: 25,049 ✭✭✭✭✭
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    when I purchased it was 6%....dividend stayed the same and price dropped so now it's 10%.....



    ugh.





    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Yorkshireman
    Yorkshireman Posts: 4,616 ✭✭✭✭✭
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    Originally posted by: BAJJERFAN
    Originally posted by: Booger9989
    I am a shareholder and can say CLCT is definitely a thinly traded stock. I bought in at 14.80 a share. Should have sold when it was in the 17.50 range. If in fact it does make it back up in that range I will sell and wait for the dip to buy again. The dividend is nice but nothing to brag about. Today its up a bit but volume is really low. We shall see what goes on. If its like before it will go up right before dividend and then come back down after dividend. .


    Even tho the dividend isn't calculated into the stock price like the NAV for a mutual fund, the market generally "prices" dividends and cash into the price of a stock and at some point the share price will be reduced by the amount of the dividend.



    That is known as trading "ex-dividend".
    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • hchcoin
    hchcoin Posts: 4,843 ✭✭✭✭✭
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    CLCT has a large accumulated deficit in retained earnings because of that large dividend. This happens when you pay a dividend higher than net earnings over an extended number of years. My advice is to take a long look at the statement of stockholders investment before chasing yield.
  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    Was the August 2015 dip a warning shot?



    CLCT chart
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • TopographicOceans
    TopographicOceans Posts: 6,535 ✭✭✭✭
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    Originally posted by: mariner67
    I hope you are not offering investment advice because the CLCT stock price has fallen 34% from a year ago!
    image
    Don't chase yield.
    That sad part is a 34% loss is out performing a lot of the overall market lately. image

  • MrEureka
    MrEureka Posts: 24,777 ✭✭✭✭✭
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    Given the company's power in their primary market - something we should all understand pretty well - it's obvious that the company has significant upside potential. Whether or not they can achieve that potential remains to be seen.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.

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