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Enterprise Products Partners L.P. Message Board

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  • businessguru75 businessguru75 Oct 5, 2012 10:21 AM Flag

    Question

    How "cheap" a security is cannot be defined by pure price? I suspect LINE is trading at a premium due to a higher yield. If you just want income, look at PHK, 10% a year, paid monthly. Now like LINE, I don't see a lot of capital appreciation but it should be okay for another year or two.

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    • "How "cheap" a security is cannot be defined by pure price?"
      That's true. Ridiculous to say one is "cheaper" because the price is lower.

      "I suspect LINE is trading at a premium due to a higher yield."
      But this is just as silly as the earlier statement. Yield is a function of price (ie. payout divided by price) so to say that price is high due to the yield is nonsense.

      Line has a higher yield, but that is because it is an E&P which have higher risk than midstreams. Which is not to say that EPD has no commodity price risk, they do.

 
EPD
34.13-0.42(-1.22%)Dec 19 4:06 PMEST

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