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Non-Tech : UAN - The variable distribution MLP that could go a long way
UAN 76.25+0.3%11:37 AM EDT

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To: RJCogburn64 who wrote (809)3/19/2024 2:18:13 PM
From: Area51   of 811
Nice writeup on seeking alpha on the UAN value proposition:

An excerpt : So, based on these different methods, I get a range of valuations from $179 to $400 per unit. But no one is building a new plant at those prices and CF's management is screaming to everyone who will listen how underpriced their stock is (which is why they are buying a lot of it back). A more realistic range is $206 (based on cash flow) to $266 (based on recent sale). This is what CVRP's assets are really worth. My own expectation is that they should get at least $225 per unit.

Nice move today. If it consolidates and tests the 9 day ema I would add to my already overweight position. And we know Elroy that you can't guarantee that the future price of UAN (the commodity not the company) will always equal the current price <g>.
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