Capital Product Partners L.P. (NASDAQ:CPLP)

CAPS Rating: 3 out of 5

An international owner of product tankers, chartering its vessels under medium to long-term time and bareboat charters to large charterers.

Results 1 - 17 of 17

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Member Avatar superstar (99.73) Submitted: 4/28/2016 10:14:16 AM : Underperform Start Price: $2.68 CPLP Score: -5.64

While I'm extremely bullish right now on oil related companies for long-term investments, i.e., everything from index funds like XLE, to best in breeds like NOV, to highly undervalued microcaps like LEI, there are some companies simply to be avoided. I was almost laughing looking at the recent SEC filings, (6-K) for CPLP. Normally, its a positive when a company cuts its dividend to focus on the core business, but in this case it reeks of desperation. Gross margins declining, significant debt, and a history of issuing shares like there is no tomorrow. I'd be shocked if this one ends well.

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Member Avatar pchop12316 (58.36) Submitted: 4/27/2016 12:23:15 PM : Outperform Start Price: $2.69 CPLP Score: +5.23

about to become a Hot DOT

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Member Avatar TSIF (99.95) Submitted: 4/27/2016 8:22:22 AM : Outperform Start Price: $2.53 CPLP Score: +12.01

I don't like shippers.
I dislike Greek shipper the most.
I don't believe there is any accountability and structure favors the upstream holders.
I don't like companies that issue stock and borrow to support inflated dividends.
I don't like oil in this environment.

So, up, yes...dropping the dividends by 75% puts them more realistic and still at 10%.
Ships in an optimal mix and oil will continue to be transported in many areas. Oil is down from there being a glut and potential for more, but usage is not down substantially. It also needs temporarily stored from time to time.

Costs are reported very low.
Profitable (on paper), net income, but needs to ensure borrowing really goes toward expansion of inexpensive/fire sale assets and not to Ponzi scheme dividends.

Testing, looks abused, although in some regards that is not an indicator.

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Member Avatar blesto (30.59) Submitted: 2/8/2016 6:08:02 PM : Outperform Start Price: $4.35 CPLP Score: -43.14

Ho hum
http://boards.fool.com/cplp-update-32106268.aspx?result=RecSuccess

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Member Avatar murphydevani (70.41) Submitted: 8/19/2015 8:40:44 AM : Outperform Start Price: $6.48 CPLP Score: -55.50

Target $9 - $13

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Member Avatar FVelociraptor (99.83) Submitted: 5/4/2013 9:34:11 PM : Outperform Start Price: $4.64 CPLP Score: -86.42

Real money pick. Shipping industry with longish term contracts to hedge against the volatility in shipping spot pricing. Dilution is a concern especially since this is primarily a yield play for me but management historically does a fair job of investing proceeds from dilution in a manner sufficient to maintain yield.

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Member Avatar NagaTikus (< 20) Submitted: 11/20/2012 1:00:33 AM : Outperform Start Price: $4.79 CPLP Score: -90.08

Pays a handsome dividend; I have lost so much $$$ these past four years, might as well go for broke! OK

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Member Avatar cubanstockpicker (< 20) Submitted: 7/13/2011 10:16:14 AM : Outperform Start Price: $5.31 CPLP Score: -102.53

Us manufacturing

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Member Avatar DoubleMyNetWorth (28.47) Submitted: 5/10/2010 5:36:28 PM : Outperform Start Price: $4.21 CPLP Score: -112.80

I wouldn't be too surprise to sell this in the 9 - 10 buck range over the next couple of weeks.

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Member Avatar ThomasLoych (60.72) Submitted: 5/4/2010 9:20:58 PM : Outperform Start Price: $4.54 CPLP Score: -115.37

Will drop in the near future, then will advance as demand for tankers increase.

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Member Avatar LOTEK1 (< 20) Submitted: 1/3/2010 2:40:57 PM : Outperform Start Price: $4.51 CPLP Score: -121.58

I think we're in for a rocky decade or so. I like CPLP because it should do well as long as oil does, and it's a theme I believe in. There are so many stocks in the S&P 500 I want nothing to do with; just energy; just as long as it's good.

I know there will be periods of underperformance for CPLP, and the whole energy complex, having been in and out for much of the last decade. I'm back now, for the long-haul, and getting a 19% dividend at my buy-in price affords me a good deal of patience to be right again.

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Member Avatar benbanner (48.10) Submitted: 4/13/2009 8:08:54 PM : Outperform Start Price: $3.04 CPLP Score: -152.98

As energy demand increases, the demand for shipping mechanisms will as well. Issues in the credit market halting the purchase of tankers will also add to CPLP's business.

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Member Avatar 1stevelon (< 20) Submitted: 12/9/2008 9:19:06 PM : Outperform Start Price: $2.83 CPLP Score: -135.46

Part of my recovery strategy

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Member Avatar noparking (< 20) Submitted: 9/30/2008 4:05:12 PM : Outperform Start Price: $4.10 CPLP Score: -115.53

tankers? I'll buy this in RL

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Member Avatar bluedome (85.75) Submitted: 5/14/2008 6:41:11 PM : Outperform Start Price: $7.59 CPLP Score: -114.67

see if this chart thing works

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Member Avatar GEOKATAN (< 20) Submitted: 4/25/2007 2:23:56 PM : Outperform Start Price: $8.80 CPLP Score: -114.44

PROMISING MARKET. THE FURTHER AWAY REFINERIES MOVE FROM FINAL CUSTOMERS THE LONGER THE ROUTES TO BE TRAVELED, THE HIGHER THE NEED FOR PRODUCT TANKERS

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Member Avatar pantaloonz2 (< 20) Submitted: 4/10/2007 3:30:26 PM : Outperform Start Price: $8.77 CPLP Score: -118.81

Diversity Diversity

Results 1 - 17 of 17

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