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Inergy, L.P. Message Board

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  • a44s44 a44s44 Jun 18, 2003 12:35 AM Flag

    the first post ?

    strong performer/over performer; but I'm a bit concern that the unit price might have exceeded the company's real value. Remember, Inergy is still only a propane retail/wholesale player, with no real hard assets (except small tanks, trucks, etc). If it were to get into the more stable EBITDA midstream sector, I suspect it could support it's unit price. But, to date, no operations/assets in midstream. Hopefully they are exploring this.

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    • Isn't that the direction they're headed through acquisitions. I'm interested and have been following for short time. I like the distributions and have found only positive recommendations from analysts. About my only concern(aside from wanting colder winter weather in their market area if I buy) is how thinly traded it is. Have I really found a good one that's still under the radar.Some of the few posts on the board seem to be from people close to the propane scene. I hope they will bring this board alive. Any thoughts on the recent runup and return to 37 area.

 

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