a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
Friday, June 20, 2008
No news but Dorchester Minerals LP is soaring on 200k volume up nearly 3 dollars going into the close.
I agree with you that it is one of, if not the, most undervalued names in the space.
With projected distribution growth of 10% over the next two years, a yield fo 9.5%, and a good majority of production hedged in latter years, it's hard not to see a ton of potential price appreciation with a nice margin of safety.
joe
ReplyDeletedreiser139here.
dmlp has the feel of a special distribution coming
good investing
dreiser139
that was quite a move today on volume. Maybe we'll hear something on Monday.
ReplyDeleteJoe,
ReplyDeleteIn regards to your earlier comment with APL....
I agree with you that it is one of, if not the, most undervalued names in the space.
With projected distribution growth of 10% over the next two years, a yield fo 9.5%, and a good majority of production hedged in latter years, it's hard not to see a ton of potential price appreciation with a nice margin of safety.