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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: NikhilJog who wrote (45937)12/13/2011 9:38:47 AM
From: Paul Senior  Read Replies (1) | Respond to of 78711
 
UGI. I don't see any catalysts.

Stock hasn't done much in past few years:
finance.yahoo.com

Which is okay with me for a small position in a diversified portfolio.

As I said earlier, "Ten years of steadily rising stated book value. Good history of raising dividends. ROE seems to be dropping. Seems like d/e ratio is falling too though (not sure)
Should work out okay as either a short-term trade or for a steady-eddy, buy-and-hold, conservative investment. Jmo. As I learn more about the company, I'll understand more clearly."

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"UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services including propane, butane, natural gas and electricity. UGI has paid common dividends for 127 consecutive years and raised its dividend in each of the last 24 years."

My presumption is that propane is a steady-eddy business.

"UGI Corporation owns 44% of AmeriGas Partners, L.P. (NYSE: APU), the largest retail marketer of propane in the United States. AmeriGas Partners, L.P. serves approximately 1.3 million customers in all 50 states. Through its wholly owned subsidiaries, Antargaz, Flaga and Avantigas, UGI Corporation distributes liquefied petroleum gases (LPG) in 16 European countries. Antargaz one of the largest liquefied petroleum gas (LPG) marketers in France, and conducts operations in Belgium, the Netherlands and Luxembourg. Flaga is the largest LPG distributor in Austria and conducts UGI’s LPG business throughout Scandinavia and Central Europe."