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AmeriGas Partners LP Message Board

  • southern_comfort75 southern_comfort75 Apr 26, 2013 2:59 PM Flag

    I like them, but 80+to 1 P/E? How? Why? LOVE THE CASH DISTRO THOUGH :-)

    I like them, but 80+to 1 P/E? How? Why? LOVE THE CASH DISTRO THOUGH :-) Over the long haul, decade plus, they have been good though...

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    • I agree! I've been in about 11 years or so. Seen ups and downs. Around 7 or 8 years ago they went from mid 30's down to 19 fairly fast. Then went to 50 and now down a little. Don't know about all the business aspects of the company, just know that even though maybe not a lot of money, it's my largest holdings. The bad thing about this stock is it pays so well on the distributions, I'm just bout at Zero cost basis! But, then again, I'll just have to start paying regular dividend return but can't sell it and give it all to uncle sam!

 
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