RE:Do you have a view. Johnwith30years wrote: JAMES as to SP just before and after ER and Cc
Nope, John, I couldn't care less about this quarter. I'm more interested in the events of 2020 than 2019. I think 2019 will be a rather dull asset sales year where the debt metrics come down. 2020 and several years after that will reveal some large dividend increases as the payout ratio will eventually be normalized as WGL and the midstream assets grow.
My view on this company is that the shares are underowned because of the wreckage of last year. I happen to know a little about institutional investing and the way it works is this: pension fund managers and mutual fund managers CANNOT be caught with train wrecks in their quarterly account filings, or else clients will lose respect for them and they will lose accounts.
They creep back into the name when the story changes and when the bottom has been put in. This is what is happening now. The insitutional money will come in as it returns to normal business and the events of the past recede further into the past.
As a retail investor, this works to your advantage as you can get in before the bulk of the insitutional money and then ride the wave.
Most of the posters on this board have a grand total of $4000, do not have enough education to be able to write basic English and don't know anything about the stockmarket.