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Strategies & Market Trends : Fundamental Value Investing

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To: Sergio H who wrote (4041)	12/17/2014 10:51:51 AM
From: E_K_S	Read Replies (1) of 4719

You might also look at JPEP. They focus on NG terminal storage & distribution. Very new IPO that priced at $20.00/share. Now is $11.80/share. Their distribution is $1.30/year but still not covering that until next year as they grow and expand their service storage contracts. It's the best pure play I can find for NG and that is a growing sector in the U.S. shale area. Since the company is so new, no analyst cover it and I have been adding shares recently. Unfortunately, my avg price is $16.00/share. I own about equal weight in WPT and JPEP w/ recent sells in WPT to buy more JPEP. JPEP Web site is quite good but historical financial and revenues are just not available and/or useful because of their expansion/growth plans. It's all about how they build out their storage & distribution footprint and selling that capacity w/ long term storage & distribution contracts. If you do some research, do let me know what your take on it is. I liked it at $20.00/share (when compared to WPT) but they do carry more debt than WPT which makes it a bit more leveraged than I would like. EKS

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