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pete807

07/21/17 7:55 AM

#892 RE: jugs #890

A fine finish to the week I expect!

How the price reacts to the distribution announcement will tell me more about what forces may still be in play holding the company back from near term mid $20s. It never made sense to me to have dropped solely on a missed promise to add more,... above the healthy distribution. Remember how it soared when they cut .64 back to .39? I thought it would cause a collapse but the market said yes to their move... Back then the company's health index was improved.

In the camp of not surprised by the steady 39 cent payout and anxious to see the DCF numbers soon.
Also in the camp of much higher value here based solely on the book of depreciated assets along with the boards attention to your concern (shared by many of us) of their dysfunctional communication to their stockholders being what drove the stock price down to 70% of book value.
Book value was recently updated by Yahoo from $18.10, to $18.23.

GLTA!
-pete