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Kinder Morgan Energy Partners (KMP): Q3 EPS of $1.26 beats by $0.66. Revenue of $2.33B beats by...

Kinder Morgan Energy Partners (KMP): Q3 EPS of $1.26 beats by $0.66. Revenue of $2.33B beats by $70M. (PR)
Comments (16)
  • mr091468
    , contributor
    Comments (242) | Send Message
     
    Hooooray! We can eat tonight. Great investment in KMR for us.
    17 Oct 2012, 04:23 PM Reply Like
  • R.Fitz
    , contributor
    Comments (401) | Send Message
     
    Maybe that's why KMI Warrants are up ?
    Have both ---- KMP and KMI/WS
    17 Oct 2012, 04:33 PM Reply Like
  • tmaxwell4
    , contributor
    Comments (2) | Send Message
     
    I AM retired vascular and trauma surgeon. Long time interest in the market. Originally from Canada. I have invested in KMP for a few years and feel it is the best MLP
    18 Oct 2012, 12:34 AM Reply Like
  • George W. Deeter
    , contributor
    Comments (4) | Send Message
     
    Let's have a split KMP. I also own PAA and MMP which each
    split recently. GWD
    18 Oct 2012, 01:06 AM Reply Like
  • Sumflow
    , contributor
    Comments (3641) | Send Message
     
    How will a split help anything?

     

    When is the last time Warren Buffet split?
    18 Oct 2012, 02:12 AM Reply Like
  • George W. Deeter
    , contributor
    Comments (4) | Send Message
     
    Time for stock split like recent splits at PAA and MMP all at $85
    to$90 price level.
    18 Oct 2012, 02:37 PM Reply Like
  • 21thomas99
    , contributor
    Comments (396) | Send Message
     
    A stock split always means more shares floating around. Why do you want KMP to financially support more shares?
    18 Oct 2012, 04:37 PM Reply Like
  • Sumflow
    , contributor
    Comments (3641) | Send Message
     
    <Why do you want KMP to financially support more shares?<

     

    More shares floating around with the same equity is just a greater liability. What KMR does is the same as raising equity capital by selling $500,000,000 to investment bankers. But instead of giving them a 20% cut, Kinder sells the new shares to shareholders direct. A billion dollars every two years. Automatic equity issuance.

     

    Increased number of shares increases the liquidity. Very important if you want pension funds and institutional investors to take long term positions. They must be able to get in, and they must be able to get out, without running the price against themselves.
    23 Oct 2012, 04:50 PM Reply Like
  • George W. Deeter
    , contributor
    Comments (4) | Send Message
     
    The general market is more interested in investing in $45 stocks
    than those at $90. Better chance of appreciation. Take a look at
    FAST - 5 splits over 5 years. You think the splits had nothing to do
    with the historical interest in that stock? How about QCOM - it split
    twice in one year, the second time was 4/1. That was a many-bagger for me and I am now happy to have it again as part of my
    portfolio. As for Buffet, I am a long time disciple and own BRKB
    shares. OK with me if they never split. But what do I know; I'm
    82, like Warren - paper route at 12; comfortable today.
    21 Oct 2012, 03:28 PM Reply Like
  • Sumflow
    , contributor
    Comments (3641) | Send Message
     
    What did the splits add to the company. Did they add income?
    Did they reduce costs?
    What value did they add to the share owner?

     

    IBM trading $300.00 splits twenty years later it is up to $200.00

     

    Microsoft used to sell at $100.00 split, what is it worth today,

     

    Porsche $2,500.00 a share split, now under $100.00 a share. If you are in a growth stock and they start splitting take a long look at the exit. Something is wrong.
    23 Oct 2012, 04:44 PM Reply Like
  • 21thomas99
    , contributor
    Comments (396) | Send Message
     
    In one post, you comment against a share split. In the very next comment, you make a case for a share split.

     

    Just stating both sides of the coin?
    23 Oct 2012, 04:57 PM Reply Like
  • Sumflow
    , contributor
    Comments (3641) | Send Message
     
    A split has no economic value.
    12 Jan, 05:33 AM Reply Like
  • Sumflow
    , contributor
    Comments (3641) | Send Message
     
    A company has to be in pretty poor share to need the advantages a stock split can add to temporaraly boost the price. If you are in a stock and they start talking about a stock split, I look for a major top coming soon to get out. Why is management wasting money trying to fool the uninformed. Who wants those kind of shareholders anyway.

     

    If the company was growing strong, they would have no need to split the stock. But if however management wanted to unload a big block of stock on an uninformed public. Spliting, so small sucker fish can buy round lots, is the way to do it.

     

    If a company needs more liquidity and they are doing good. They should sell more paid up capital stock in the equity markets. Not a wothless split.

     

    A split does not increase your share in the company, or increase your dividend. All it does, is make it easier for small round lot buyers to buy 100 shares at a time. It can not increase profits per shareholder. Warren Buffet has written about this in his annuel reports which are posted online.

     

    Anyone who skipped class and thinks splits are a good thing should read Warren Buffets annual reports to shareholders where he talks about stock splits.

     

    Yes they have advantages, Yes they are a sign of weakness, and you should think about getting out..
    24 Oct 2012, 09:06 PM Reply Like
  • 21thomas99
    , contributor
    Comments (396) | Send Message
     
    'If the company was growing strong, they would have no need to split the stock.'

     

    Who in the world says there is a correlation between a company's earnings prospects and stock-split decisions? A company can implement a share split anytime the BoD votes to do so, regardless of the company's earnings.
    12 Jan, 08:58 AM Reply Like
  • Sumflow
    , contributor
    Comments (3641) | Send Message
     
    What would be the economic value?
    12 Jan, 04:03 PM Reply Like
  • 21thomas99
    , contributor
    Comments (396) | Send Message
     
    That doesn't even address my question to you.

     

    Good bye.
    12 Jan, 09:11 PM Reply Like
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