MCG Capital Corp (NASDAQ:MCGC)

As economy stabilizes or improves, this company will only perform better. Sign me up for awesome dividends!

there's free money right now thanks to the fed, and hopefully the economy is coming back.

Way undervalued divvy play.

Good management and good investment portfolio. They will see larger returns in the future as the market rebounds.

Yield play.

Carrying investments on the books at inflated values

this is getting to 10$ by 2012

5 STAR, Small-cap, dividend payer

c'mon. who doesn't love a steal of a deal?

4.53

ccest compte

MCG Capital has done a good job in a difficult environment in managing their risk and monetizing enough assets to maintain the liquidity they need to succeed. While some companies have leveraged excessively such that the house of cards falls, MCGC has a solid balance sheet, trading at a fraction of their book value, and as the economy strengthens, their stock price will gravitate to their book value. They are still generating cash flow and their lenders have shown confidence in them with continued renewal of their credit facilities. In these times of tough credit, this kind of confidence bodes well for an easy double of the price in a short time span, a few months or a year.

bought into this at 60 adn 70 cents with real money and took a decently sized stake. MCGC should benefit from recent covenant revisions and from mark to market accounting revisiosn. See my march blog on mark to market accounting and why I invested in BDCs for further discussion.

way overbeaten. possible takeover target.

Trying to fish the bottom. Stock is beaten down, because of cancelled dividend.

Plus:

- 3 star in CAPS

- Book Value about 10.-

Minus:

- Cancelled dividend

- Managment is not trustworthy

- Overall bad situation in financial sector

It has been more or less washed from its dirty debts and by doing so has been pounded into the ruts. I suppose the economy could go completely down but I doubt it. Walmart had a bad day and that helped push MCG Capital down further. Go to your local Walmart and see that people are still packing the place. MCG is now clean and shall do quite well in the next six to twelve months.

At 3.96 (my purchase price) and with the quarterly dividends of .27/share, not a bad return for my investment. The FUD factor seems to be waining and the economy may be on the rebound. I expect this stock to start riseing... if they don't go bankrupt fisrt. :)

Low share price offers an attractive entry point along with "adjusted" dividend payout which should boost its value as the market recovers. Questionable management strategy but overall a solid company.

This company lied to it's shareholders and the shareholders punished them pretty good. They had a rights offering that diluted shares, and 3 weeks after the RM was complete, they cut the dividend in half. They had a -92% drop in EPS last quarter. Had they not raised cash from their own shareholders, they would have had a -150% EPS. Way to dissapoint your supporters!!

They have an investment they are holding onto that is not making any cash. For some mysterious reason, they can't explain anything about the financial state of this investment. They say it's not accuring money, it's not costing money, blah blah blah. Something is really wrong here. Good luck!!