Post by
Sukhi19 on May 05, 2016 3:31pm
VSN
VSN is good for following reasons:-
1. It is a big enough company to ensure that investment is safe.
2. Jordon Cove has now beter chances of getting approved as the only objection by FERC has been taken care of. As that news comes in this is going to go through the roof. Even without Jordon Cove it is worth $11.
3. It is a diversified company and I expect Power segment to do well as summers are expected to be hotter.
4. Mangement seems happy with the results.
5. Dividend is 75% safe and even if there is a cut (worst case scenario) it should not be more than 30%.
6. Volume was high when it went over $9. Even today's volume is high but not as high.
JMHO.