Thursday, August 24, 2017 12:17:35 PM
There's an interesting news blurb from Moody's, you'll find it easily in the news. The main thing in it is that Delek's strength is going to greatly enhance ALDW's financial stability. Buried within the material, however, is recognition of Deleks intention of simplifying things so as to avoid a confusing focus. This is what I've been sniffing, thanks to wondering why DK would place their heads of State at their respective helms in ALDW when things were already going so well.
I'm hoping we'll see a merging of assets involving DK's logistics assets and ALDW's. This could turn into far more than a lot of investors might be thinking. DK's assets are great and one can only imagine the imnpact of consolidation.
This could make my year!
Regardless of how or even if this materializes, it looks to me as though a lot of folks want in on this cash cow, now that the quarterly distribution has been paid. Can't blame them. LOL
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