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CVR Partners, LP Message Board

  • winallin12 winallin12 May 22, 2013 9:57 AM Flag

    No dilution, No impact on distribution

    Just a large insider selling shares thru secondary to mitigate impact on market. On a positive it is putting shares in the hands of the tudes......

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    • Not sure why all the selling is happening. This is one of the partners monetizing some of their shares. This does not dilute share number or effect distributions at all. I bought more at $24.51 FWIW . Basically this sale off I think presents a buying op as I can see these shares approaching $30 this year. The plant expansion completed just recently will allow the almost 9.5% yield at this price we're seeing to continue for the next couple years .

      Sentiment: Buy

    • Hi all..couple points
      Q call was positive, guidance good. IMO this offering is to help the co to become more liquid.
      On Q call was tier 1 firms, IMO they will be upgrading UAN, first they need more liquidity. cvrr agreed to do placement with the firms in yesterdays PR.

      • 1 Reply to greenroger22
      • Agreed, amazing buying opportunity, I think some investors completely misread the offering, it is just making the company stronger, a little cash needed for the plant upgrades being completed-- which will save big money and increase output, liquidity needed for the stock for the big boys, fantastic dividend, and this should have all been priced in-- it is not like the street wasn't expecting an offering for UAN in this amount. I expect an easy runn up to $26 in the next day or two. UAN is in a much better position then RNF and TNH in my opinion, no dependence on rising natural gas prices. Also, with greater placement confirmed on conference all-- UAN should break to all time highs later this year.

        Sentiment: Strong Buy

    • do you know what & when the last bv reported was?

8.80+0.10(+1.15%)May 2 4:02 PMEDT