SI
SI
discoversearch

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.
Non-Tech : Income Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Affinity4Investing
FL_Guy
research1234
walterenergy
xerty
To: Elroy who wrote (49119)1/18/2023 5:36:12 PM
From: maverick615 Recommendations  Read Replies (2) of 52119
 
Since UAN is a variable distribution MLP, it is going to pay unit owners it's free cash flows in the form of quarterly distributions. I think it easily pays $35 in 2023. The unit price today is about $105. So it's yield in 2023 is going to be about 33%.
Like clockwork, you pop up once a quarter or so pumping UAN. You say you think it easily pays $35 in 2023. Here is what you said other times on here:

5/3/22: Fertilizer prices are up from the prices realized in Q1.Volumes sold should increase in Q2 since Q2 is "planting season".UAN easily pays more than $10 and perhaps as high as $20 per unit in Q2.
UAN paid $2.26 in Q2 at the end of May. Perhaps you meant Q3 as they did pay 10.05 at the end of August, the low end of your estimate. I will give you the benefit of the doubt on this one

8/23/22 - I think by January 2023 UAN is easily $150 or more, maybe $200, and it will pay $40 or more in calendar year 2023. It seems highly undervalued today to me.
UAN is now trading at $102 and paid $1.770 in Q4 at the end of November. BIG MISS
8/24/22 - I disagree. All of us should have all our eggs in the one best stock. Figuring out what that is is the hard part!! Diversification (in my opinion) means you might as well buy an S&P Index fund and go fishing.
So you were arguing against diversification and putting all your eggs into UAN's basket on 8/24. By the way, on 8/24 UAN was trading at $132. It is now trading at $102. You would have collected the $1.770 dividend in November while losing $30 per share on the price. Not a smart way to make money Another BIG MISS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News