or could it just be because it is an MLP. look at these other good ones for example they are all down TEP,HEP,CINR I think all have positive FCF
Is this throwing out the baby with the bathwater or what, these MLPs are getting hit whether they have positive FCF or not, look at TEP, HEP and this one. what am i missing here ?
this is year end but the stock is weak price wise, why, is it because obamacare is in a fair amount of trouble in the state enchanges
I am fortunate to have a small farm in Iowa. just decided to put it in CRP in a pheasants forever program. we still are going to need some of the stuff UAN makes for the corn land but the price sucks for sure.
a pretty gutsey move would you care to share what you are buying ?
that may work and hopefully they will give you credit. i am just too lazy to look back at my old k-1s, but i am surprised if nti has positive ubti. granted everyones situtation is different and i have heard a few horror stories. personally by haveing more than one ira account i have never had a ubti problem and have done mlps for years.
confused by the discussion here because the ira custodian NOT the investor does the paperwork IF the ubti exceeds $1000 per ira account. also if in previous years you have negative ubti (for that particular stock) you can net that out. you may have to pay the custodian for the paperwork and the tax rate is about 40%.
thanks to you both,in this market it is hard to get much over 1.1 if you want to risk getting the higher distribution rates. since this is such a vital number i wish that they would always report this instead of earnings for a mlp it makes so much more sense.
interesting that the lawyers that are trying to stur up the class action make no mention of the elephant in the room just a bunch of meaningless comparisons. that being said the price action sure puts pressure on the deal. i was well owned RNF so have my own baggage in the deal. As I recall I rode it up and then partway back down before bailing. UAN is unique it that it DOES NOT use natural gas for its feedstock. I believe it would make an interesting obviously bigger company but i think it would benefit RNF more than UAN. The biggest factor in all of this for the future is an increase in the price of corn. US AG is absolutely amazing, the last figures that I saw was about 40% of the crop going to green energy (uck even if it is good for me, isn't everyone in the govts pocket one way or another so i might as well have mine til we go broke of course) and we still have a surplus and $4 a bushel. The good land here has backed off from 10K plus to about 8K here in the corn state, still a far cry from the slump of the 80's when we were about 1K per acre.
I agree but it is always a concern. A positive here is that the book value is about a $1 about the current trading price. This lends credibility to your statement.
depending on your hassel level and how much you buy positive UBTI may not be a big deal to you. You get $1000 total per IRA account, cannot subtract the negatives from different stocks. The custodian figures the tax if above the $1000 and may charge you for the work, best to check before you buy large amounts. I have done several MLPs in the three accounts that I have for several years and have never had a problem but it is definitely a possibility and always a first time. From my point of view no big deal, primarly after dividends and distributions at this stage.