Where have you been for the last five years?, definitely not a holder of RSO, wish I could say I was one of many who saw J.C. for what he`s the best at, lining his own pockets.
Go to market pulse & scroll down to S. A. con. call transcript & you can find this on page two, if you are a member, you can read the complete script, I`m not. This is dated Nov. 4, as Run noted, it is 1.1 I believe in what Bill Hatch has to say, but I`m really looking forward to seeing how Timothy Go will perform, He has a good past history & plenty of experience in this field which is just what we investors & Calumet needs, best to all.
Bill, You need to do put some effort ( due diligence) into this Co., go to profile & then to Co.`s web page to find out just what this Co. is involved in & what the future holds. I will recommend this as a buy to any newcomers, been here since Jan of 10 & the distribution has increased with no decreases in this time period. People have good times & bad times, while still lagging in some parts of their operations due to bad choices, I see nothing but better days ahead for Calumet, most people here will agree with me. I plan on holding this for the rest of my life & pass it on, another note, Bill Hatch said Board will be looking to increase the distribution in 2016.
Lord willing, I`m going along for the ride, this Co. has been very good for me, people are going to smoke regardless of whether I`m an investor or not.
And they should see what they`re dealing with, obviously not, if they stick around they`ll find out the hard way.
Appreciate the time You put in to get this information, looks spot-on to me. I`ve decided to wait it out on all new buys & additions, this is one crazy market we`re dealing with now. I`m off $30,000.00 from my all time now, wishing I would have taken some profit off the table, still holding & hoping to out-live this down turn in Oil & Gas which is getting worse. I know I`m not the only one feeling the pain, Thanks again.
Considering this & latest financials, do You believe they can continue .14 monthly pay-out?, we know Nov. payment will happen, but are the earnings there to back it up? It looks good for the Co. to follow through with buy backs, I want to add more here.
I was thinking about buying in here, Barry, thinking twice after reading your comment, seems You know pretty much about the goings-on of this Co. I appreciate the heads up, selling stock in a Co. below NAV is never a good sign.
Looks like others see this as same as You do, wm, nice move today for some reason. The whole REIT business has been under pressure this past quarter, hopefully better days ahead.
Been there, got that behind me-polyp free, hope the same for You, also congrats on the low buy You made about a month ago. Hope to see a rise in Nat. Gas prices soon, been getting cheaper & cheaper.
Kinda just don`t make good sense as You say, another good point is Debra Crew, COO just acquired over 62,000 shares, still say we will break $50.00 very soon.
I would think three parts of the Co. are under-performing, (1) Dakota diesel refinery (2) Oil Field Solutions & (3) Drilling Fluids. When the Oil & Gas market gets better, these will also. A Co. spokesperson said the diesel refined from Dakota could be sold elsewhere, will be nice when we can get some information on this. The old saying is if this Co. can hit on all eight cylinders, then we will see new highs. JMHO.
I hope You never get any for $4.00, & yet I would have said You would have not got any for $5.50, that fell through. I don`t know what to think about this Co. now, hopefully better days ahead.