Uniti Grp. Inc. (UNIT)

[jugs]

That's a little uncomfortable for me be, then again, I've been in this for awhile and have enjoyed the run-up from around $15, taking gains at just above $23. I'm seeing $24 or so, probably better still, if the verdict is favorable for us. But if it's predicated on that in any measure, then I'd be inclined to move a bit more cautiously.

But you march to your drummer and I wish you the best.

[leftovers]

I continue to add here when possible! 20's seem a safe place to place your bets!...

[jugs]

Right, they're in negotiations.

[Carnivool]

Unity is also looking to sell 500 towers it owns in LATAM, should be an interesting few months

[jugs]

Yes! The UNIT news is truly momentous for it points to clever money management aw well as responsible forethought.

I can't ask for more recognizing full well that the judge presiding in the Windstream case holds at least one of the hold cards.

As I see it, this stock pick can and may shoot far higher in one fell swoop just like that---on a positive verdict being handed down. Clearly UNIT has done all things possible to ensure there will be life after death. lol

[pete807]

Nice pop here today jugs...

Saving my dry powder at the moment for the you know who stock tomorrow, 31 days waiting. Spent a bit on another RE play I held for 15 months and made over 40%, but it was a leveraged play.

UNIT deserves it's place on radar for sure!

-pete

[Carnivool]

Macquarie Infrastructure Partners to buy telecoms firm Bluebird

Macquarie Infrastructure Partners (MIP) has acquired a Midwest American telecommunications business, Bluebird Network, for an undisclosed amount.

MIP, managed by Macquarie Infrastructure and Real Assets (MIRA), has partnered with Uniti Group to finance the deal which allows Uniti to also buy Bluebird’s fibre network.

In addition, Nasdaq-listed Uniti has agreed to sell Uniti Fibre’s Midwest operations to MIP.

Uniti said it is acquiring the fibre network of Bluebird for $319m (€280m), of which $175m will be funded by Uniti in cash and $144m will come from pre-paid rent to be received from MIP at closing.

Additionally, Uniti will receive total upfront cash of $37m, including related prepaid rent to be received from MIP at the close of sale of its Midwest operations.

Under the terms of the transactions, Bluebird will lease back the fibre and will also lease Uniti’s Midwestern fibre network.

Uniti’s president and CEO, Kenny Gunderman, said: “We believe the deal structure can be replicated with other operating partners in the future. Today’s announcement lays the foundation for similar transactions.”

As of September 30, 2018, Uniti, an internally-managed real estate investment trust, owned 5.4m fibre strand miles, approximately 850 wireless towers, and other communications real estate throughout the US and Latin America.

Karl Kuchel, CEO of MIP, said: “As bandwidth needs continue to increase, fibre has become the essential backbone for high-performance connectivity networks.

“We look forward to working with the Bluebird team to grow the platform in the years ahead.”

Michael Morey, CEO of Bluebird, said investment by MIP and the addition of the adjacent network uniquely positioned Bluebird as a scaled strategic network and data centre provider in the Midwest.

Bluebird provides high bandwidth network solutions within rural and urban areas throughout the Midwest, focussing on connecting rural areas to major cities.

The transactions are subject to regulatory and other customary conditions, and are expected to close by the end of the third quarter of 2019.

https://realassets.ipe.com/news/macquarie-infrastructure-partners-to-buy-telecoms-firm-bluebird/realassets.ipe.com/news/macquarie-infrastructure-partners-to-buy-telecoms-firm-bluebird/10029011.fullarticle

[jugs]

While primary focus of late has been largely on "what-if?"

We're talking about ties to Windstream versus one or the other declaring bankruptcy due to upheavals at either company?

We're talking about the OMG---What
if one or the other or both cut distributions?


My brain operates differently---not necessarily better or smarter, mind you--- just differently.

Today puts things into far better perspective. Take a look at UNIT's headlining news and you'll see the sort of thing I'm could never dismiss---we're talking about deals to buy, sell, lease-back and even do a sweet deal using a mixture of considerable UNIT cash on hand plus a debt instrument in the form of "rental fees in advance" agreed to by the selling interest in lieu of more than about 50% of the required cash. Thus new debt is not going to become a threat down the road in terms of our company's solvency and/or debt load.

If this doesn't speak to investors, then I don't know what else to say. But I'm tasting self-funding on the part of UNIT and I love it!

This is a very strong bunch of initiatives coming on the heels of my receipt of a fat distribution this week.

Wonderful investment!

[jugs]

Interestingly enough, it follows the expectation that market sentiment would, indeed, reverse the negative bias within two to three weeks. Well, it fit within those boundaries so this is especially sweet for yours truly. And I'm damned glad I'm holding a few units of UNIT!

Good for you, having added also.

[leftovers]

UNIT and the market starting to show signs of Love again! Was nice to add in the 16's!

[jugs]

As the broader market trudges onward towards the Land of the Unknown, I'm finding it less difficult to look at my UNIT position tearlessly.


Most everything is in disarray. Thus I've been adding to NGL this week, UNIT last week and also NRZ today.


Looking back, I wish I'd been a little more patient when buying. On the other hand, I've scaled my buys to just a few hundred shares/units each. So I haven't extended myself by a wide margin. I believe it's the sensible way to go.


A couple or three weeks from now this will have subsided, I'm betting hard on that. Market players don't often put up with the fact that there's blood in the streets.


We shall see, of course, but this crimson tide will turn soon, I'm certain.

[jugs]

It may prove to have been really smart of you to dance on the fringe as one never knows how a judge will rule and, for that matter, the consequential impact to result.

[novicetrader]

Will surely update if/when I do get in this. However, with me being an extremely small player don't believe my buying/selling will make any difference.For that matter,I don't think even Ihub as a whole, can make an impact on a stock's action. But agree though, that the sharing of ideas/information can be helpful for all of us.
Good luck.

[jugs]

You're welcome.

If you're in position as I am to watch this extremely closely, you might elect to wait for the court verdict to come down. I'm thinking that if it should prove to be a win or at least partial win for UNIT, this thing will probably shoot several dollars higher with immediacy.

The caveat is that you'll have to watch really intensely as the price-point is likely going to go bonkers with extreme suddenness.

I hope you'll let the board monitor your actions as this is something affecting us all in one way or another.

Thanks.

[novicetrader]

watching this closely and looking for an entry point as soon as the dust settles after the MS downgrade.
Thanks.

[jugs]

More than likely, most UNIT holders are upset, given the MS downgrade yesterday. And as a fellow board member points out in a pm--- the cut to $16 is steep, isn't it?

Yes, it is steep. Too steep? That depends upon how dependent we are on outside analytical agencies. And then we'd need to mine beneath the surface in search of greater understandings regarding MS and also MS's history.

I'll try to keep this as brief as I can, given that the market will be opening in forty minutes and I've not yet begun my daily routine---searching for things potentially upsetting our investible apple carts.

1. I almost frantically searched for creative ways by which I might be able to add to my UNIT position.

2. MS is---for me, at least---a voicing opinion. Each of us is no more, no less.

3. Ordinarily, analytical agencies go into the chambers (books) of the innermost vaults of companies covered. They must sign NDA's prior to gaining entry. These are: Non-Disclosure Agreements binding them to absolute secrecy, else they face severest penalties and possibly jail time for using the trust to gain through public disclosure.

4. Ongoing litigation based on a face-off between UNIT and WIN has yet to be decided. The judge is swamped with other pressing work.

5. UNIT has been aggressively acquiring additional assets (fiber optic coverage---many thousands of additional miles).

6. In a message from Tim Plaehn yesterday this MS move clearly did not bring on a shift of position in Tim's mind.
_______________________________________________
Things tend to hinge on one thing or another when it comes to determining where multi-pieced contraptions will ultimately self-assemble. Some call it the break point, others---Lady Luck.

My view is this:

Until we know what the judge decides, nothing changes for me. The judge is the only one in position to force my own hand. Moreover, I really like what I'm seeing out of UNIT. Their acquisitional stance has been perfect, they've given no indication of debatable or dereliction of concern for us shareholders---and that's no small consideration inasmuch as they have clearly been under terrific pressure from all angles.

Last week I managed to add just a few units (70). My total holding is only 500 so it's extremely small for me as I favor massive (for me) positions as a rule. My NGL holdings remain my primary holding.

Bottom line:

This is about one voice as opposed to another. I don't believe MS has anything on me because the judge is the only one whose opinion will outweigh my own. And it you mine MS's history you will find all manner of questionable tactics suggesting to some investors that there's a mouse in the living room, curled up somewhere, and it hasn't moved in awhile.

Hmmmmmmmm…………………..!

I hope this helps clear the air a bit.

[jugs]

I'm also liking UNIT. Holding a small position but with a major distribution coming in next week UNIT I'll be ready to pounce on any significant swoon. Good company making a lot of good moves for the future, as you point out.

[jugs]

These dips are appealing to me as well. With a major payer's distribution coming in next week, this pick is at the top of my radar. I won't wish a strong dip on fellow investors but if the opportunity arises I'll be at the beginning of the line.

[PDQTail]

@Personalizit - UNIT is looking far down the road = investing in the future, which IMHO is the correct path. If I weren't already at a full position I'd continue to buy the dips that the recent volatility has delivered.

Disclosure: 2000 shares @ ~$13 cost basis. Currently reevaluating trailing Stop Loss setting.

[jugs]

That's so nice to hear from a fellow unitholder!

[leftovers]

at a payout of .60 and my average price of 16 a share I am doing the happy dance!

[jugs]

Certainly not in my case as I'm so well ahead and expecting continuing gains.

[Personalizit]

What a disappointing stock, ever since the WIN spinoff. All these acquisitions and no increase in bottom line or increase in dividend.

[leftovers]

Uniti Group (NASDAQ:UNIT) declares $0.60/share quarterly dividend, in line with previous.
Forward yield 12.54%
Payable Jan. 15; for shareholders of record Dec. 31; ex-div Dec. 28.

[jugs]

Ten minutes prior to the close of any trading day market makers aggressively take steps to reconcile the books. They'll buy shares prior to the market session and then unload those unsold in the closing moments of the session. What you're seeing is the trail of what I'm saying just above, I'm betting.

There's nothing odd about it but I've seen this for many years and have known enough brokerage staffers (market makers) to recognize what's going on.

More and more I'm liking UNIT. I've got a major $$ windfall coming in from NGL in several weeks. UNIT is looking like my #1 pick for accumulation.

Do I hear an "Amen?"

lol

[Carnivool]

Another large lot end of day 199k

[jugs]

Volume was muted, about half of the recent average. It may be a bit early to celebrate although we both hope not.

[Carnivool]

346,852 shares traded at 20.16 - nice bunch!

[jugs]

Oh, I'm a very happy camper, too; am just super-heavily committed to NGL. And it's starting to pay off beautifully so I won't change my stance any time soon.

[Carnivool]

Low of $13 to $23 not bad. Some big parcels shown near end of day

[jugs]

Been in since mid-March of this year. Had been in a year or so prior to that but haven't gone in bigly as I always seem to have other more promising plays.

This one is looking awfully good right now but I find the energy MLPs more exciting. I'm an energy trader through and through.

[Carnivool]

You like this one? I randomly came across this and liked the price of the calls in the long term $30 range, so took some... how long have you been in?

[jugs]

Looks like we've closed nearly a dollar higher today. The broader market showed excellent strength on this day but that doesn't lessen the point here---namely, that UNIT is holding its own and doing so with character.

[jugs]

This just in by newswire:

4:15 pm ET October 9, 2018 (Globe Newswire) Print
Uniti Group Inc. ("Uniti") (Nasdaq: UNIT) announced today the closing of its previously announced sale-leaseback and fiber acquisition with CableSouth Media, LLC ("CableSouth"). At closing, the Company acquired approximately 43,000 fiber strand miles located in Arkansas, Louisiana, and Mississippi, of which 34,000 fiber strand miles will be leased back to CableSouth on a triple net basis. Uniti will have exclusive use of 9,000 fiber strand miles, which are adjacent to Uniti Fiber's southern network footprint. Total consideration was $31 million.

Tomorrow's early trading should reflect this positive news.

[jugs]

Despite the occasional poster trying to shape this board's sentiment to his/her own amusement if not money-making opportunity, I'm still firmly in UNIT's corner. Small position as I've been building another position but I'm not letting go of this gem.

Those of us who got into this pick have done exceedingly well. And with the fiber mileage adds being announced (including today's acknowledgement), our skies are looking mighty blue!

[power11]

TAKEOVER IMMINENT......22,000 OCT 20 CALLS TODAY
SOMEBODY KNOWS SOMETHING !!

[leftovers]

NO CUTS!

Uniti Group (NASDAQ:UNIT) declares $0.60/share quarterly dividend, in line with previous.
Forward yield 13.35%
Payable Oct. 15; for shareholders of record Sept. 28; ex-div Sept. 27.

[Stockexpertpro]

I would wait and see if they cut the divy that want never happen if anything they should raise it even if they lose WIN as a customer i mean heck thats only 70% of their revenues thats nothing they can just go get other customers and stuff nothing to worry about here solid company I would stay long here and heck buy even more

[Stockexpertpro]

Windstream Bondholders Can Reject Uniti's Lease In Bankruptcy Who cares like UNIT needs WIN UNIT Can do just fine without WIN they can diversify and grow may even up there divy payment on the news of a WIN Bankruptcy stock should outperform they have a great management team great balance sheet and income statement Company is very solid very little debt lots of cash stock has tremendous upside potential in my view like I said WIN can go bankrupt UNIT would most likely rally on that news even if it losses all WIN business who cares

[jugs]

You're probably spot on. I'm about out of cash so...


sob, sob, sob

Best of good fortune to you!

[leftovers]

I am adding with this sell off way overdone and knee jerk reaction! It will recover good time to add!

[harkmi]

Yeah, saw that, even with this $2+ drop I'm still up 12% on my original buy, may buy more as it falls. Watching!

[jugs]

Looking like Citigroup has cut UNIT to "SELL" from Neutral.

I'm not jumping ship without reason I can lock onto---with my own eyes and observations.

[leftovers]

Cha ching the cash register is ringing! Love Payday!

Today is payday. So nice!

[jugs]

Today is payday. So nice!

I sold a few in mid-June but the distributions received this morning are just fine! And the units I sold on 6/14 brought in a hair under $23 so I couldn't be more pleased given that my cost basis is just $16.00. And I've not been a holder of UNIT for long at all during this go-round---just a bit lucky although I've been a participant in times past so I'm not a stranger to it.

As we pull away from WIN, things will resume their upward stride, I'm sure.

[jugs]

The feeling is mutual but the wallet isn't willing. lol

[leftovers]

Market is getting all beat up yet UNIT is still on the March UP! Might have to consider buying some more before it Marches right into the 30's!

I'm expecting things to get even better as Uniti disengages from the woes and throes of Windstream.

[jugs]

Things are certainly moving quickly here in the land of Unit!

Now nicely above $23/unit after moving a heckova lot in the past few weeks.

There's been much good press out there recognizing support---strong support at that, for this formerly beleaguered company as it wrests free of the shadow of doom and gloom emanating from the throes of Windstream.

It's happening right here, right now. I'm a very happy camper, indeed!

[jugs]

Just a small position in hand but showing a gain of $3,557 on 600 shares.

Damned sweet considering it's just since March 15th---shy of three months.


I'm expecting things to get even better as Uniti disengages from the woes and throes of Windstream.

[jugs]

Positlutely===== and absitively!!!

I'm showing a $3,400 gain on just 600 units of UNIT. That's a fantastic rate of return for a two and a half month holding period so far.

I could not b e more pleased.

CLDR is a similar situation for me as is NGL---the latter being my main holding project by far.


But UNIT is fun and because it's the only kid of its type in my portfolio, it's very special indeed.