Sunday, May 31, 2009

decision made, i'm done. i'm back!!


i'm christian, but haven't been in a church for more than 3 years.
sent my kids and soon to be ex-wife, sent a ton of money and am careful to always pay as much as i can. i know, no big deal and i certainly don't think it matters in this world and universe. but i thought some others like me might be inspired after reading about this prodigal son. i'm back!! i'll be there come this Wednesday evening and this coming sunday.
i'm blessed, i know!

Posted via email from fortypercent's posterous

a seeking alpha instablog

WPZ

WPZ - Williams Partners LP. - is a 900 million market cap US company that gathers, process and treats natural gas from the natural gas and crude oil industries. the setup is as one of those "master limited partnerships" . following the law they must return almost all earnings to shareholders. this is done as through "disributions" of income, not dividends. the amount is by law very high and accounts for the high payout ratio of 110%( this high number can be misleading in the case of a "partnership" if the trader doesn't know how partnerships are legally setup) we can be reassured by the quick ratio of 2.27. WPZ has had an ROE of 67% margins have all been above 20% PEand forward PE are estimated as 8.0. price to free cash flow ratio is 6.0. WPZ is paying its shareholder owners 13% in "distributions" also called dividends. my one year target, natural gas has been treated stuply. that won't go on for much longer. based upon a stock market that doesn't crash, is about 20% capital gains in addition to the distributions for a 33% total return within the coming 6 - 12 months!


get it, set(stop order) and forget it!


i have no position in WPZ, but wish that my rules would allow me to.

Posted via email from fortypercent's posterous