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Ferrellgas Partners LP Message Board

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  • tennvol_30736 tennvol_30736 May 10, 2012 11:20 AM Flag

    Two shoes will soon drop simultaneously for FGP

    You allude to a proprietary analysis report by Mr. Tysseland, which unfortunately, is unavailable for verification. However, I follow this company closely. There have been repeated assurances, not only in managements financial reports as well as investor conferences, that FGP is not even near being in jeopardy in violating financial covenants. Whats more, where is the 3.5X Ebitda coverage cited? It doesn't appear among the coverage of covenants in FGP's SEC filed latest annual report nor I suspect subsequent reports. It only refers to fixed charge coverage and since there are no maturities until 2016, that shouldn't be a problem.
    Whats more, FGP's auditor issued a clean unqualifed opinion.

    So, if you're correct I plan to sue the hell out of them and if I can find you, you as well if I can find you for spreading false, malicious rumors.

    You can be found.

 
FGP
23.22-0.85(-3.53%)Dec 19 4:09 PMEST

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