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jugs

01/11/17 8:13 PM

#624 RE: pete807 #623

For fun, I took our CEO's prediction that we'd be eventually receiving a $2.50 annual distribution. Taking just half that amount and adding it to our current payout of $1.56 and we come up with $2.03/unit annually.

This would point to a valuation of $28 per unit paying the same 7.25? we currently receive.

I say it is entirely reasonable to expect that we will be receiving $2.03/unit THIS YEAR and that, of itself, will bring about a resultant re-evaluation of our unit price point.

When investors realize the fabulous changes that have been occurring all along AND continue due to tactical moves being made by our company, I say the $2 disparity will disappear in a wink. Thus, that $30 valuation, in my mind, is perfectly plausible. I fully expect it.

As for placing appreciation above distributions? 6,000 units gets you $12,000 while appreciation is good for more than $50K.