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Williams Partners L.P. Message Board

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  • Reply to

    estate planning

    by j62681 Nov 21, 2014 8:29 AM

    I went to the web site of my mlp and found an article anserwing these kinds of questions. as I remember the best case senerio was hold them till your death and your heirs have very little liability. no taxes on your dividends.

    Sentiment: Strong Buy

  • Reply to

    WPZ scam

    by joebo246 Oct 27, 2014 4:21 PM

    if you scare that easy,you better find yourself another venue to put your money in, there are some 2.5% tax fre bonds out there,those might fit your investment goals.
    good investing to all

    Sentiment: Strong Buy

  • Reply to

    WPZ scam

    by joebo246 Oct 27, 2014 4:21 PM

    what wyour cost per unit of wpz. of that 2 million you received on your sale how much was profit. price per unit is around $43 today. if I had your profit on wpz I would be reinvesting as we peak.
    good investing to all

    Sentiment: Strong Buy

  • Reply to

    WPZ scam

    by joebo246 Oct 27, 2014 4:21 PM

    Good decision. Buy MEP. Its what WPZ was 10 years ago. 9% div and 16%/year div. increase, 70%/year cash flow growth.

  • Reply to

    WPZ scam

    by joebo246 Oct 27, 2014 4:21 PM

    i was prepared to buy this right now but decided to see how the natives feel. thanks guys. i will go find myself something not so drama filled. good lick

  • Reply to

    The numbers

    by satx30237 Nov 6, 2014 9:14 AM

    I'm not complaining..Bought WPZ at an average of $14.03, so with those nice distributions, my cost basis is approaching zero.

  • Reply to

    After "merger" ...

    by fishinanddreaming Dec 10, 2014 2:35 PM

    Yes sir, I bailed on WPZ for those reasons: WMB is the GP of WPZ and somehow WMB merges WPZ with ACMP and WMB dividend goes up and WPZ distribution goes down... I'm not trusting WMB anymore.... adios.. I like and trust GP's that raise their dividend while the LP raises the distribution too... I don't buy WMB argument that the this preserves DCF to fund future growth.... how about pausing WMB dividend growth?

  • After this sham "merger, the equivalent of 1 share of today's WPZ will be trading in the $30's. Now its in the mid $40's. I said this when we were in the mid $50's and some people, either fooled by WMB, or worse, working for WMB, were arguing with me, saying the "analysts" told them to buy WPZ. Who pays these "analysts" their salary ? Does their fortune depend on WPZ going up (or at least, not going down) ? Then somone said that some fool on "seeking alpha" said WPZ will be good. Again, I ask, is it likely that some fool on "seekingalpha" cares about you ?
    Facts: WMB (which manages WPZ) promised to raise WPZ's dividends. Then Corvex bought a large stake in WMB, Corvex got directors in WMB's board. Corvex threatened that if WMB doesn't raise their dividend (I'm talking about WMB's dividend, not WPZ's dividend, which both compete for the same money), then they would kickout the current management and replace with their people. This threat is not a bluff. They did this with a company whose symbol was CWH. They DID kick out all the managers, bring their own people their, and even changed the name and symbol. WMB management, scared for their own multimillion $ a year gigs, complied. They decided to raise WMB's dividends 40%. Where does this cash come from ? WPZ ! Did they have the balls to explain this to the (naive) WPZ shareholders ? Not in a direct way. So they took a TINY company they own, and "merged" with WPZ, making the simple math too complicated for naive investors....but bottom line.... WPZ distribution is drastically reduced. You can promise FUTURE raises that may or may not happen, but for next year.... BAM... the money has been taken and will never be put back in WPZ's unitholders' pockets.

  • Reply to

    Geismar

    by joebo246 Dec 2, 2014 8:29 AM

    That's really funny. Sounds like I should visit this place, too.But I wouldn't want to get too close to the WPZ plant there :)

  • Reply to

    Geismar

    by joebo246 Dec 2, 2014 8:29 AM

    reit have you ever been to geismar,Louisiana. the guard at the gate will have his little flask the insurance invistagator will have had lunch at the local eatery with 3 martinis. every thing is going to be ok for the restart.
    thank goodness. the stock price will appreciate the extra income that will start up in January.
    good investing to all
    morenatural gas

  • Reply to

    WPZ SHARES

    by lonestararuba Nov 11, 2014 2:23 PM

    about the only sure thing is about 1.3 percent at the bank. I've held on to this stock for a long time and have enjopyed their dividends. if my dividends are reduced during proposed merger I will still be collecting a substantial dividend with a good outlook for the future.
    good investing to all.
    morenatural gas

  • Reply to

    Geismar

    by joebo246 Dec 2, 2014 8:29 AM

    If the investigators report shows that WPZ was negligent in any way (enough that 1 employee was drunk ?), then the insurance company won't have to pay for the damages due to the huge explosion at Geismar, and WPZ will lose almost a billion $. Will that bankrupt WPZ ? Will WMB (who rammed this troubled asset down WPZ's throat at a hefty price) step in to bail out WPZ ?

  • I guess based on todays release Geismar will start up December 31,... I sold half my WPZ yesterday and bought in OKS distribution of $3.10 but unit price of 41.50 so I'll still get a good yield.... the new WPZ units will have lower yield..... and OKS increases distribution every quarter.....I'll wait on a little bounce before unloading the rest of my WPZ

  • Reply to

    WPZ SHARES

    by lonestararuba Nov 11, 2014 2:23 PM

    I don't go around calling people "idiots", but WPZ is in the 40's now, like these wise posters were predicting a week or more ago. And I agree with them that this artificially imposed merger does resemble a scam. They are substantially reducing our distributions, while previously there was a promise to increase them. A lot of investors (mainly retired) need to be able to rely on distributions, and some degree of certainty that they won't be cut, to maintain their day to day life. Now WPZ has shown that they cannot be trusted anymore. Its been a good 10 years, but its over.

  • Reply to

    WPZ SHARES

    by lonestararuba Nov 11, 2014 2:23 PM

    "Anyone know ?"

    No, but based on the multiple idiot posts you 7 fishinanddreamiing have made regarding the "scam" merger. I know you don't have a clue regarding the worth of WPZ post merger.

    Ayuh

  • Reply to

    The numbers

    by satx30237 Nov 6, 2014 9:14 AM

    "Yes, you are betting. Good luck with your bet. I'm not a gambling man, myself. "

    You buy shares in public companies and you say, "I'm not a gambling man, myself."

    Really? What would you call the average investment---long or short term---if not "a gamble?"

    Ayuh

  • Reply to

    WPZ SHARES

    by lonestararuba Nov 11, 2014 2:23 PM

    All of the above.

  • Reply to

    WPZ SHARES

    by lonestararuba Nov 11, 2014 2:23 PM

    Did this bad news about the insurance loss come out today ? Or is it just in sympathy with the unprecedented 10% crash in crude oil price today ? Why would that have such a big effect ? Maybe its just the effect of the scam "merger" designed to fleece WPZ shareholders ? Anyone know ?

  • Will the merger result in any tax liability for a new WPZ unitholder?

    Sentiment: Buy

  • Reply to

    WPZ SHARES

    by lonestararuba Nov 11, 2014 2:23 PM

    Wait until the news comes out about the insurance company refusing to pay 500 million damages for the huge explosions last year on that troubled facility that WMB rammed down WPZ's throat. I forgot how to spell it: Geizner ?

WPZ
46.66-0.74(-1.56%)Dec 24 1:00 PMEST

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