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PetroLogistics LP Message Board

  • rrb1981 rrb1981 Oct 23, 2013 7:28 PM Flag

    Distribution

    Pleased with the $.45 distribution. Still difficult for the market to place a good valuation on this with the variable distribution. If they could smooth out the commodity price lumpiness, it would be more attractive. On the other hand, you can buy it relatively "cheap" if you can stomach swings from $.28 to $.67 to $.30 to $.45.

    A 12% yield on $1.70 puts it back near $14. Not sure the market will push it there, but 14% yield seems a bit conservative..

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    • yeah - i had about 10c for an inventory build in Q3 for turnaround so a little bit mystified but clearly selling 302 vs 265 is a big +.....Im guessing the are not showing inventory build in prod #s so last Q at 255 was really 255+40(for Q4)....anywho good # and with Q4 looking 35c, 1.75 for '13, it should push higher