Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (51162)	3/25/2013 8:45:34 PM
From: E_K_S	Read Replies (1) of 78919

Two of of those picks hit my "value" eyes and I put them on my watch list: Ferrellgas Partners LP (FGP) Nuveen Preferred and Income Ter (JPI) FGP meets my $EBITDA/share of less than 10 metric but their Debt load is way too high for me to buy right now. Annual Net income of $26M compared to their LT debit of $1.3B or 50x is just too large. Any hick-up in the cash flow could make the creditors call in their loans. I am watching this one as it may be a good Spring/Summer play on Bar-B-Q grilling so w/ any significant sell off, I could hold my nose and buy a few shares for a short term hold. JPI may be a good place to park some cash. They pay monthly w/a 8% yield, this one sells below it's NAV by 1.9%. Their portfolio has about 46% insurance preferred stocks and 48% bank stock preferreds. The only thing is they use leverage to generate that distribution but as long as the FED stays w/ their QE program, this one may be a good place to park some of the cash I have waiting to deploy. I guess we are looking at the same new Buys with the market selling near it's highs it's hard to deploy money in new positions. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next