We have cold weather requiring more natural gas. We also have low interest rates for the foreseeable future. KMP distributions will increase faster than interest rates. What is not to like about this stock?
Sentiment: Strong Buy
This could be good news for TRN if railroads get these new regulations passed and the rail car owners have to aggressively replace their old tank cars.
stocks or units -either one. CLMT should be able to borrow at a lower interest rate than they pay out in distributions per unit. Use borrowings to redeem units.
I agree. If , and when, the great rotation of bonds that commentators have talked about for a long time ever occurs, I think that those investors will look for companies like CLMT. The one thing that could scare them away is the incredible volatility in this stock. Too bad the company doesn't step up and buy some of it's stock to support the price when it starts getting hammered.
I am curious as to how you arrived at the $5m figure. This issue will probably spread to the other clubs so RICK will end up paying not only social security taxes but also state and federal unemployment taxes. So this is not only an issue not but also a cost going forward. Ricks can only pass along so much of this cost to the customer, so there eventually will be a hit to the bottom line.
Since they don't have any large capital projects planned, there is nothing that would prevent them from buying back shares. MLPs usually issue additional shares when they need to raise cash for capital projects. There is no requirement that MLPs pay any specified percentage to unit holders as distributions.
As this POS continues to slide downward, I hope that the company is buying back some shares. If they don't do something to stop this slide, their stock's appeal to investors will not recover any time soon.