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Re: jugs post# 1321

Wednesday, 11/08/2017 3:54:49 PM

Wednesday, November 08, 2017 3:54:49 PM

Post# of 8177
To those NGL readers who don't follow every thread we often mention the other MLP we favor... ALDW in our discussion. jugs was referring to the coming distribution announcement coming there (ALDW) and not the .39 distribution here which has been steady for 6 quarters since it was reduced from .64 in the middle of last year.

I'm expecting what I believe is safe to expect without needlessly inviting disappointment. It's the same old 60-70 cent distribution I've been awaiting for a couple of months.


NGL may decide they can grow the distribution again next year ,.... or not. I am satisfied with the steady .39 rate until they are well on their way to what makes sense for the valuation, yield, and distribution to be perceived as sustainable... GLTA!

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-

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