Well, dude, that did not happen! Kevin hit a good one with LINE last year, assuming his clients covered in the $20's of course, but since then he's batting zero. You know how you can tell his influence is waning? You now have to type "Kevin Kai" in Google before his name comes up. It used to be "Kevin K" was sufficient.
He must need the cash now and/ or expects the price to drop......as i said before.........it is like russian roulette to sell now and expect to buy back lower....
I see moronic racist I see trailer park in the future for you.
Your euphoria is normal being fueled by an unexpected move after having been hit over the pst several months. We might see 100 in the future but not within the coming 12 to 24 months. The entire market is way over due for a significant correction which will probable arrive before KMP hits 100. I don't have any substantive info to support this opinion except 50 years of investing experience. Just as trees don't grow to the sky neither does the market keep going up w/o a correction.
If the Ukraine gets heated up more then it is now that could be the trigger. but for now the Ukraine isn't going to control market performance.
In Jan. added 500 shares at 79.60, total 2500. Doubled down in March at 72.78. Sold 2500, half my postion today at 83.45 to 83.50. Also the May div. on the extra 2500. Will be 65 this year, almost 14k in div. payments each year. I have owned this for 30 years with an original purchase of 500. Two splits and the 500 in Jan. If you are a young investor get involved in a great div. stock. GLTA
the coverage ratio is ridiculously high, I'll give you that. However, as long as Kinder continues to grow, which it will due to the outstanding management in combination with the oil and gas boom in N. America, I struggle seeing this puppy staying under the low $90s. Every good company eventually breaks new highs.
I do not see anything substantive to suggest such a surge. I see share price remaining where it is plus or minus a few points but continuing to pay a fat distribution for the foreseeable future. GLL
I think you are right I have seen the pipe yards and tank building in area will only grow never seen nothing like it before and have lived here for 40 years.
Great move genius I am doing the opposite of what you are doing will make a boatload baby always bet against the bum at a #$%$ table he is a loser and will always lose.
For the last few years KMP has allowed the distribution to exceed the DCF in Qs 1&2.... they would usually make it up in a traditionally strong Q3 and Q4
This shows that they have actually listened to the critics...
It leaves us in a position where a strong 2nd half exceeds guidance and the distribution that is paid out may exceed earlier estimates
I think Kinder has once again outplayed his detractors.... an unexpected increase in the distribution in Q3 should shut the chumps up