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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (48782)7/16/2012 11:57:12 AM
From: NikhilJog   of 78731
 
sure enough. It was just something i wanted to highlight. I did some background checks but the valuations are provided by Meryl Whitmer.

I like the story of the stock. There is a lot of M&A in that sector. they have a good niche in chemicals and have good prospects. its a long term buy. Midstream is basically like earning a toll - its a good business to be in. There is lot of activity in chemicals, fundamentals look good, it pays dividend.

Even if 17x CF is expensive for midstream, the stock is still cheap around 33. So i thought i did point it out, if anyone want to run their numbers.
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