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


To: E_K_S who wrote (74713)12/30/2023 1:00:14 PM
From: Rarebird  Read Replies (1) | Respond to of 78470
 
What I would like to know is what do you do if a stock you own does not bounce back, but continues to decline for a number of years while you are accumulating shares gradually every month or couple of months. Do you continue to hold and buy the dips or do you fold? I ask because there are some stocks, in contrast to INTC, which go down and stay down. I'm sure you have had a few of those. Averaging down is great when a stock rebounds and its trend changes from bearish to bullish, but the turnaround does not always happen.



To: E_K_S who wrote (74713)12/30/2023 1:21:02 PM
From: Elroy  Respond to of 78470
 
I bought a little bit of UGI a few days ago. I'll give it a year or two to learn what they do......



To: E_K_S who wrote (74713)4/19/2024 12:03:09 PM
From: E_K_S  Read Replies (3) | Respond to of 78470
 
Re: Ugi Corp (UGI) +7%;

My one 2024 pick where I have been building an oversize position based on the Company exploring strategic alternatives announced Q4 2023 that may lead to a sale in their AmeriGas Division.

Made several large buys earlier this week as their div yield was quite attractive.

This News today:

Adnoc Unit Considers Investment in UGI’s Propane Business

Adnoc, the state-owned oil company of the United Arab Emirates, is reportedly considering an investment in the propane business of UGI Corporation, a major U.S. energy company.The potential investment would give Adnoc a stake in UGI's propane distribution operations, which serve residential, commercial and industrial customers across the United States.Adnoc is looking to diversify its energy portfolio and expand its global footprint, and the investment in UGI's propane business could be a strategic move to achieve these goals.Propane is a versatile fuel used for heating, cooking, and transportation, and the global propane market is expected to grow in the coming years due to increasing demand, particularly in developing countries.The proposed investment is still in the early stages, and the details, such as the size of the stake and the financial terms, have not been finalized.
Deal could value the AmeriGas Division at/near $3 Billion

Fair Value for UGI is at/near $36/share. If that price target is reached depends on how large a position Adnoc wants to buy (if not the entire Division). That may/could be the exit strategy in order to get exposure into the US market.