posted
how do dividends get paid out, will i receive a checkt to my house or does my broker get it nad just put it in my account?
Posts: 217 | From: UF | Registered: Apr 2006
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posted
I've always just recieved checks in the mail... anyone else...
And don't be too concerned with volume... that won't be the deciding factor in the end... it's all abot div's and revenue in real estate stock... I've seen real estate stocks run up with no volume and great news...
Adlai_
-------------------- MSEP Posts: 599 | From: Springfield, MO | Registered: Feb 2006
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posted
interest rates are too high for real estate
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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quote:Originally posted by gatorboy2424: how do dividends get paid out, will i receive a checkt to my house or does my broker get it nad just put it in my account?
It goes your trading account.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Cal-Bay International, Inc. Cal-Bay Announces Quarterly Cash Dividend Payment to Shareholders of Record The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY) today announced a quarterly cash dividend payment for the quarter ended December 31st, 2005 of $.01 per share, payable to shareholders of record as of April 25th, 2006 . The dividend will be paid on or before May 25th, 2006.
Posts: 404 | From: Germany | Registered: Jan 2006
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posted
How? You are in GA and I am in San Antonio. Thats what my screen says atleast. BTW...what the hell is this stock doing anyway? I thought yall said this is the next get rich quick stock out. God, what was I thinking listening to this board. j/j
Posts: 85 | From: San Antonio | Registered: Apr 2006
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posted
lol... this will be that stock that shoots 150% in one day and all you could do was wonder how much money you could have made in one day if you bought before the jump... just wait... I've already got a 200 check from the divi... you can't beat easy money...
Adlai_
-------------------- MSEP Posts: 599 | From: Springfield, MO | Registered: Feb 2006
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quote:Originally posted by adlai: working in a bank and my family running real estate offices... so far the rates haven't had any effect on real estate...
What do you think sparked the housing boom? Low interest rates
What do you think squashed the housing boom? The fed raising interest rates
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
ss... the first increase in rates this year and we saw a 25% increase in the new housing market in January... I'm telling you... the real estate market is NOT in a slump... and that's looking at it from three completely different directions... lending, real estate broker, and trader...
Adlai_
-------------------- MSEP Posts: 599 | From: Springfield, MO | Registered: Feb 2006
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posted
Just curios - how long CBAY is on short list? Will this help to raise the share price in this week? Opinions?
Posts: 420 | From: Canada | Registered: Feb 2006
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posted
Gatorboy, any particular reason why? We are doji'ing up right now. Tomorrow i can see this running back up a little. But we need some good news. I looked back on the chart and compaired it to news received recently. The news was all great and there should be no reason this stock is not going through the roof. I think there was just a big selloff scare and so far we are lacking the volume to bounce back. Other than that this is a great company whose average stock price is around .50 cents a share. This is definately a money doubler. Just wait for the next PR.
Cal-Bay International Property Portfolio to Increase to Over $43M as Company Signs $20M Contract for Purchase of Additional 400+ Homes Monday April 10, 8:00 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--April 10, 2006--The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY - News) today announced the Company entered into a purchase contract for a 400+ homes package in Columbus, Ohio. ADVERTISEMENT
Cal-Bay International's Chief Operations Officer announced the news after the Board of Directors confirmed the company had entered into a purchase agreement for the acquisition of the homes.
The latest acquisition will increase the company's portfolio to over 450 properties in the USA and increase the company's real estate holdings to over $43M.
The terms of the contract require non-disclosure at this time, but the company expects the acquisition to be completed on or before May 31st, 2006.
The properties are all single family homes of which the majority are currently rented. Upon closing, this would add an additional $3.2M+ per year to the company's revenue stream.
The company is currently in negotiations for several additional properties in the Pacific Coast region.
Forward-Looking Safe Harbor Statement
To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
Contact: Cal-Bay International,Inc. Lisa Padilla, 760-930-0100 Fax: 760-930-0200 IR*calbayinternational.com www.calbayinternational.com
posted
Cal-Bay International, Inc. to Acquire California-Based COBS Homes LLC Friday April 21, 10:16 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--April 21, 2006--The Board of Directors of Carlsbad, CA-based Cal-Bay International, Inc. (OTCBB:CBAY - News) today announced the Company signed a Letter of Intent for the purchase of California-based COBS Homes, a premier online homebuilder support services company. ADVERTISEMENT
Cal-Bay International's President Roger Pawson announced the news after the Board of Directors confirmed the company had entered into an LOI for the purchase of COBS as a wholly owned subsidiary of Cal-Bay.
COBS (Complete Owner-Builder Services) was founded to help people through the process of building their own homes. The company has developed an A B C program to help with finance, real estate, and construction decisions. COBS provides services to help you with construction loans, home plans, building lots, building materials, construction budgeting, and the entire process of building a home. COBS was founded by President Rob Mackle in 2000 and has had consistent growth and success in the online Owner-Builder Services arena. COBS' annual revenues are currently in excess of $5M per year and through the Cal-Bay alliance COBS has plans for major growth and expansion. COBS has business partnerships with several major nationwide hardware chains; COBS' revenues for 2004/2005 are reported to be in the region of $5M per year. COBS has assisted with the building of over 6,000 homes since inception. www.cobshomes.com
Cal-Bay's President further added upon successful completion of the acquisition COBS would relocate to Cal-Bay Corporate Offices in Carlsbad, California, bringing the total number of employees at the corporate location to 40 people.
Pawson further commented, "We are delighted to have the opportunity to expand the horizons for both companies by way of the acquisition, many joint venture projects are available within the internal operations of the companies, and Cal-Bay will make available the resources to the COBS subsidiary to expand their operations and marketing needs to further grow the company, resulting in maximized market awareness, expanded corporate sponsorship, increased revenues and profitability. The combined revenues for Cal-Bay and COBS, based upon Cal-Bay's current Property Portfolio and COBS' current revenues, will equate to almost $10M per year."
The final terms of the acquisition will remain confidential at this time due to the terms of the NDA (non-disclosure agreement). The anticipated closing date for the companies is expected to be no later than May 15, 2006.
To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
Contact: Cal-Bay International, Inc. Public Relations Department: Steven Knoller, (760) 930-0100 Fax: (760) 930-0200 IR*calbayinternational.com www.calbayinternational.com
posted
im going by past news, revenues and upcoming projects... theres no way it can go any lower with the float it has going. All it takes is a couple days and some volume till this one explodes and more and more people will realize the future of cbay
Posts: 217 | From: UF | Registered: Apr 2006
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posted
When they start to sell off some of these properties they are building right now there will be a serious rise in the stock. That may be a while though.
posted
I'm currently holding close to 33k shares...def on a hold at the current moment. Anyone know when the next dividend gonna be ?
Posts: 234 | From: Poughkeepsie NY | Registered: Jun 2004
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posted
yes i'm new and i'm NOT bashing... i have no reference to back this up but curious what you all think, i was under the impression that the housing market was supposed to take a hit sometime soon. any thoughts? and adlai, i know your watching close, i'm not trying to deter ppl from this stock just something i heard. the news and bottom bounce on this looks great
-------------------- NDOL(well before the crash)FPPL BLDV CSHD WWEN? Posts: 600 | From: CO, WI, contracting in Iraq... | Registered: May 2006
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posted
for all "bagholders" (no offence, I'm in as well )
from the latest PR: ********************************* The final terms of the acquisition will remain confidential at this time due to the terms of the NDA (non-disclosure agreement). The anticipated closing date for the companies is expected to be no later than May 15, 2006. **********************************
!!!NO LATER THAN MAY 15, 2006!!! CBAY stock should move north with additional 5mil/year revenue from COBS...
Posts: 420 | From: Canada | Registered: Feb 2006
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posted
I have no intent on selling and I haven't posted much in the past week due to the fact that my grandfather has been in the hospital...
P Rowds... the next fed meeting is May 10th if I remember right, from everyhting I have read it doesn't look like rates are going to continue to climb...
Working in a bank, today alone I took 3 NEW customers looking to buy homes and every week it seems I have more and more customers...
My families business is booming and we are looking to open another office...
But aside from personal experiences... the housing market has been "expected" to take a hit since the feds first lowered rates... I hate to say it but this isn't so much a stock play as it is a real estate play...
It's like commodities... you buy kc wheat when you know there is a chance it is going to be raining in eastern kansas... you buy chicago wheat in anticipation it will be raining up north... not to mention the demand of the different types...
You buy this stock in anticipation that real esate will always be huge and the recent cobs home aquisiion will help to build cash flow in the company...
And P... I have heard a lot more hurtful bashing than that... you're okay to question...
glty
Adlai_
-------------------- MSEP Posts: 599 | From: Springfield, MO | Registered: Feb 2006
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