The 7.60 and 7.65 long dated bonds have gone down from 102 to 83-84.....a 20% decr which is really big for a bond.....I know they are not investment grade, I know interest rates will rise at some point, and I know CTL isn't the safest investment in the world.....but a 9%+ yield on cost isn't something to sneeze at....anyone buy these at this level?
Free cash flow of 562 million.......theres 563.7 million shares out....around a buck...payout 54cents is that about right for ctl?...thanks
The crapper will win out....there will be more than one upstream mlp out of business or sold off for peanuts..
If you are going to cut to save cash and the company why wait?...I've never been a fan of Mark Ellis...this is just another example
That's true...maybe because of the dist cut, they stop the bonds at fidelity for consumer protection....surely one of the genius's on here would know