Search: rothmans

I wrote at the beginning of August about Philip Morris’ (aka Altria) interest in purchasing Rothmans. It was a friendly takeover offer. The Rothmans board of directors recommended accepting the offer of $30 / share, a significant premium over the previous share price, and the highest price its ever been sold at (at the time […]

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It was recently announced that Philip Morris put in a generous offer to buy Rothmans (of which Mr. Cheap is a little less than a majority owner).  On news of the offer, Rothmans stock shot up above $30 / share then sank back to a bit below it (to $29.71 as of the holiday weekend).  […]

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I was asked last year what I had been buying during the stock market meltdown. I had been saving the bulk of my margin for just such a buying opportunity, so I definitely went shopping. I previously posted my stock position as of the end of July. Since then, on margin, I’ve put another $15K […]

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There’s probably a decent chance this post will make you angry.  Feel free to skip it if you want to stay in a good mood.  If you decide to read it anyway and are looking for ways to vent your anger, insulting the author (Mr. Cheap) or announcing that you’ve unsubscribed to our feed are […]

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First Dividend Payment

by Mr. Cheap

Woot! As I checked my E*Trade account this morning, I see that I’m up a super-sweet $72.60 as a dividend payment from Rothmans (I feel like I should go buy some smokes for impressionable teenagers with the cash ). I was wondering how it would work, since I hadn’t seen any of the cash (the […]

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Stock Watching

by Mr. Cheap

I was talking to a co-worker about sports recently, and I admitted to him that I couldn’t care less about any of them. The made the astute observation that you need to be invested in the outcome of the game to care about it, otherwise it was just people doing bizarre things on a play […]

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About a year ago I got really excited after reading Stop Working by Derek Foster. His basic idea is that you buy stable, well established companies that are leaders in their industries which have paid a regular increasing dividend for a long time when they’re on sale. You determine this by looking at the Dividend-Yield […]

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