Alon USA Partners, LP (ALDW)

[pete807]

Hold but have the divorce papers ready jugs, thats the same way you played NTI. You hold lots more than the major holders/directors..... They have 8.9k units and less each among the top 5.
Yes Alpine, I believe you are seeing what I suspect is capping the value of ALDW, and putting the future in the hands of other companies shareholders. I have read a year of comments about the acquisition from ALJ investors and they run 98% negative...
Even the profile of ALJ lists Big Springs refinery as an asset? What about ALDW partnership? Never mind? Short term I don't see much lifting our fortunes, or killing the value either. It would be nice if they dropped more assets into ALDW, however I am leaning toward the pillager option WNR chose.

So if it makes sense to our shareholder will look at that

As happened with Northern Tier we need to understand who are the shareholders that MATTER! The swing votes needed to over-ride the small investor sentiment like ours was a mere 13% as the parent held 38%. The big banks rendered the voting process meaningless and I don't even recall the proxy coming to me.
DK will soon control our situation 100% by acquiring parent ALJ and ALDW will swing on their effort to consolidate four companies, as he said. They will not have to concern themselves with analysts valuation. They will not overpay us small unit holders of ALDW. That is the reality, imo... Insiders/funds have 81%+
https://finance.yahoo.com/quote/ALDW/holders?p=ALDW
Watch what happens closely in the next quarterly CC and statements issued after the acquisition.
My question is this: What reason(s) made the original IPO MLP happen including taxation, or potential asset trading value, and what has changed since crude dynamic and peak oil predictions were proven wrong. Book value BTW is below $8.

Like NTI there won't be a bidding war and it will easily roll up and enhance the numbers of DK. Their lawyers/accountants will make sure the pay bottom dollar.

This is the era of too big to fail banks and their investor funds that control large blocks of publicly traded companies. Those banks have leverage which they use to loan money printed from thin air (handed to them free from the great and powerful Fed... don't look behind that curtain!) and dangle in front of companies that borrow to grow and compete in the competitive world. Are you seeing the slant to the table yet?

conclusion: Be nimble but don't panic because as jugs said any closure will take quite a while to complete.
(aside to jugs... quit a while!)