this has bothered me for many months, a very, very large percentage of Kinder news here at least on Yahoo is provided by Motley Fool and Seeking Alpha. Collectively they are nearly universally positive on Kinder's situations. Outside of Barons and we know what they are publishing I want other opinions on the projected path of Kinder shares. btw, I own KMI, KMR, KMP and the warrants. All position are characterized as long term tax positions and currently all are showing a profit. Most importantly , I am yielding over 8% on everything. This includes the warrants which of course pay nothing. My uneasiness, besides potential biased reporting from both sides is; Kinder is the biggest percentage of my portfolio. The shares price gets beat-up but the yield remains very aluring. Reinvestment only makes it better.......and then there is the Boardwalk Properties (BWP) debacle from last month...down 46% in one session, brutal. This message board generally brings real insight to the matter but more opinions are asked for?
And here's a simpler, more fundamental answer. In this business, you buy management, relationships and assets. Kinder has all three; he was smart enough to leave Enron, he started KMP in 1997 with a partner and $325M and is on top of the industry 17 years later with a market cap of $100B plus. He does not seem to be done, either. I don't own KMI stock, but with Putin's help that will change tomorrow.