Newcastle Investment Corp. (NCT)

UncommonSense (< 20) Submitted: 1/31/08 2:24 PM : Start Price: $10.85 NCT Score: -15.77

Newcastle Investment will continue to pay a dividend in 2008, even if they cut it, it will still be far above average.

According to GAAP, NCT must report the value of their assets mark-to-market, which means they have to value their asse...

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sandvig (99.65) Submitted: 3/14/07 10:03 AM : Start Price: $19.92 NCT Score: -37.48

Audaces fortuna iuvat - Fortune favours the brave.

Their share price took a whipping along with everyone holding a portfolio of residential real estate mortgage loans. Why do I give them the thumbs up? Maybe I'm nuts.

They recently increased their ...

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tacitus52 (< 20) Submitted: 8/27/07 4:42 PM : Start Price: $13.19 NCT Score: -20.36

This is a mortgage REIT that has been beaten down due to subprime meltdown. However, 46% of the company's holdings are commercial real estate, and about 17% are corporate debt obligations. Of the 36% in residential real estate, only about 8% is in ...

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RLJBozeman (80.26) Submitted: 9/04/07 12:38 PM : Start Price: $14.08 NCT Score: -21.88

Newcastle is trading for less than book, has good properties, and a phenomenal payout. The drag on price is due to sub-prime loan portfolio purchased at a discount. I believe the current price already factors in potential loan portfolio losses and ...

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SokorScout (20.14) Submitted: 5/18/07 2:42 PM : Start Price: $22.46 NCT Score: -34.59

The mortgage financier deals in mortgages of highr than sub-prime stature and should not be adversely affected from the fallout that remains, but rather, should benefit from the outcome of failures and bankruptcies of other lenders who got too close ...

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MKArch (< 20) Submitted: 8/30/07 4:35 PM : Start Price: $14.04 NCT Score: -23.89

Home Builders, Construction material suppliers,Financials, I'm buying them all. I'm taking a little bit of a hit in my CAPS portfolio right now but you have to break some eggs if you want to make an omelet.

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timdolan99 (< 20) Submitted: 8/14/07 5:50 PM : Start Price: $11.40 NCT Score: -15.51

Dividend yield exceeds 18%. Despite some exposure to residential mortgage market the main business is commercial mortgage lending. Seems to me that the matching approach they take to financing a large part of their portfolio passes reduces the credi...

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JedediahSmith (< 20) Submitted: 10/04/07 7:26 PM : Start Price: $15.94 NCT Score: -23.84

Undervalued REIT play. Has mostly commercial assets and quality MBS assets.

Sub-prime assets held have been acquired at .50 on the dollar and the company set aside millions in cash for opportunistic purchase of assets from distressed pl...

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GreatDane66 (33.52) Submitted: 9/05/07 11:28 AM : Start Price: $13.54 NCT Score: -20.88

Based on the huge yield the market believes that this companies earnings are in danger of being lowered by the credit crises and the subprime meltdown. Perhaps that's true, but I believe the current price more than adequately accounts for those risk...

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WizNJ (< 20) Submitted: 12/04/07 2:31 PM : Start Price: $10.82 NCT Score: -11.30

People forget that behing every morgage there is a property. NCT lost 50% in stock value because of the panic not because of the business they conduct(over 70% are in commercial real estate) In few quaters $30 for NCT will look like a bargain

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