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

To: E_K_S who wrote (74924)	1/25/2024 3:58:09 PM
From: Elroy	Read Replies (3) \| Respond to of 78485

Equinor ASA ADR(EQNR) This looks like a good complement to my other Oil & NG positions. Most of my exposure is from domestic Oil & Gas drillers except for CVX my no 1 holding since late 1990's. 8% div at 6x PE good value too! Yahoo finance says the dividend is about 4.4%. The market cap is $84 billion, and net profit in the last reported quarter was $2.73 billion, so about $11 billion annualized, so PE is more like 7.6x? It's a Norwegian company, so we gotta pay something like 25% withholding tax on any dividends received? Hmmm, why is this company better than other oil and gas choices?

To: E_K_S who wrote (74924)	1/25/2024 4:48:18 PM
From: Paul Senior	Respond to of 78485

Okay. I continue to hold a position in UGI as well. I'm still looking at APA and, for now as I've said, I'm following you and Spekulatius with just a tracking position as I consider building a position. I like EQNR (have a position) because they find nat gas in Europe and that gas sells there for quite a bit more than gas found here in USA. A positive or negative is that EQNR is controlled by Norwegian government with an ownership position (If I recall) and taxes. LOCO doesn't appeal to me (jmo). Perhaps then I own some golden stocks and don't even know that! Ha. I wouldn't be surprised given just my usual surface analysis and considerations. If so, then at least I would be in for some shares, rather than having none at all. -g-

To: E_K_S who wrote (74924)	1/25/2024 6:40:21 PM
From: Grommit	Respond to of 78485

UGI. Their div is 6.6% (at today's $23 price), and the PE is low. That's nice. But their debt is ridiculously high (!!!) and their business is in flux. They are selling foreign assets, the propane business is being reviewed for strategic alternatives, natural gas is to be "rebalanced". I did not like their "review of strategic alternatives" announced last august and sold my few shares at the time -- $26.15 The div is safe unless the asset sales eat into ongoing earnings. Or unless they decide that a strategic shift from dividends to debt reduction is a good idea... I can get 6% elsewhere. As I stated rule number 1: >> Not sure how these fit into my criteria of easy to understand and predictable. grommit

To: E_K_S who wrote (74924)	2/1/2024 8:35:58 AM
From: E_K_S	Read Replies (1) \| Respond to of 78485

Ugi Corp(UGI) UGI Reports First Quarter Fiscal 2024 Results HIGHLIGHTS Q1 GAAP diluted EPS of $0.44 and adjusted diluted EPS of $1.20 compared to GAAP diluted EPS of $(4.54) and adjusted diluted EPS of $1.14 in the prior-year period. Q1 reportable segments earnings before interest expense and income taxes1 ("EBIT") of $425 million compared to $411 million in the prior-year period. Strong first quarter results despite warmer than normal weather across our service territories, largely due to a 77% increase in EBIT from UGI International attributable to the continued exit of the non-core energy marketing business, higher LPG volumes, and increased unit margins. Available liquidity of approximately $1.5 billion as of December 31, 2023. Received approval from the West Virginia Public Service Commission for Mountaineer's gas rate case. The settlement permitted a $13.9 million annual distribution rate increase, effective January 1, 2024, and a weather normalization adjustment mechanism effective October 1, 2024. "Our fiscal first quarter results reflect the strong performance of UGI International and the natural gas businesses, and underscores our commitment to our customers, shareholders and employees," said Mario Longhi, Interim President and Chief Executive Officer. "As previously anticipated and discussed on our year-end earnings call, AmeriGas experienced a decline in its year-over-year financial results. While effort was made to address the segment's performance, it is clear that there is a need for renewed focus on execution. "Our strategic priorities are geared towards delivering reliable earnings growth, returning cash to shareholders through dividends, achieving sustainable cost savings, and strengthening the balance sheet. We have initiated actions to align our cost structure with the performance of each business, adjusted our capital allocation priorities, and lowered capital expenditures in the near term. Diligent execution of these actions should strengthen our core businesses and better position UGI to deliver sustainable value for its shareholders."

To: E_K_S who wrote (74924)	5/2/2024 7:27:27 PM
From: E_K_S	Respond to of 78485

El Pollo Loco (LOCO) POST-MARKET10.80+2.20 (+25.58%) Earnings Beat on EPS & on Revenues Looks like LOCO delivered on earnings El Pollo Loco Holdings, Inc. Announces First Quarter 2024 Financial Results Highlights for the first quarter ended March 27, 2024 compared to the first quarter ended March 29, 2023 were as follows: Total revenue was $116.2 million compared to $114.5 million. System-wide comparable restaurant sales(1) increased by 5.1%. Income from operations was $9.7 million compared to $7.8 million. Restaurant contribution(1) was $17.1 million, or 17.6% of company-operated restaurant revenue, compared to $14.7 million, or 15.0% of company-operated restaurant revenue. Net income was $5.9 million, or $0.19 per diluted share, compared to net income of $4.9 million, or $0.13 per diluted share. Adjusted net income(1)was $6.8 million, or $0.22 per diluted share, compared to $4.9 million, or $0.14 per diluted share. Adjusted EBITDA(1) was $15.7 million, compared to $12.2 million. ------------------------------------------------------------------------ With the new minimum wage in CA (LOCO restaurants mainly located in CA), I am not holding out for my previous target of $15/share. This quarter was a big beat but did not reflect the higher labor rate. PE still only 13.5x ; Will sell 50% tomorrow and see if they get any upgrades. Avg cost $8.65/share w/ a total of 15 Buys in 9-2023 - 4/2024; Thanks to Richard - Speculating in Takeover Targets for the idea. Speculating in Takeover Targets