Nice buy. Good yield low forward P/E. Utilities are quite cheap these days :) SO is not that high laveraged 6x Debt/EBIDA ok for utility. D and DUK has more debts if compared ~8 D/E now thats a bit high.
I picked up a few SO shares yesterday as well to add to my existing position. Glad to see you back in action. I hope we continue to see a pullback in prices like we have the last couple of days. Market is a little to rich for my liking. There are of course a few decent valuations here and there like SO.
Are you concerned about their debt load?
ReplyDeleteP3S,
DeleteNot a bit.
MDP
WOW! SO is still trading in 40s. Not much of price appreciation, but definitely a good dividend player.
ReplyDeletedg,
DeleteDefinitely solid on the dividend front. Love seeing some price declines in the utilities.
MDP
Great Bobby Orr score Big Guy! I bought two bucks higher and have a limit order queued for the high 30s.
ReplyDeleteAnon,
DeleteHope your order gets filled!
MDP
MDP -
ReplyDeleteAdd a few hundred in forward income here, add a few more there. Congrats on the add!
-Lanny
Lanny,
DeleteThanks buddy! Hopefully this recent pullback continues.
MDP
Nice buy. Good yield low forward P/E. Utilities are quite cheap these days :) SO is not that high laveraged 6x Debt/EBIDA ok for utility. D and DUK has more debts if compared ~8 D/E now thats a bit high.
ReplyDeleteP2035,
DeleteThanks for stopping by and commenting. I appreciate the info on D & DUK.
MDP
MDP making moves! I keep going back and forth between a few utilities and this is one on my list. I'm hoping to make a buy this week.
ReplyDelete-MH
MH,
DeleteHope you got your buy in. The market is finally starting to create some opportunities.
MDP
I picked up a few SO shares yesterday as well to add to my existing position. Glad to see you back in action. I hope we continue to see a pullback in prices like we have the last couple of days. Market is a little to rich for my liking. There are of course a few decent valuations here and there like SO.
ReplyDeletePIV,
DeleteWe're finally starting to get some movement down in the markets. Hope you find some values out there.
MDP
I really like your post good blog on site,Thanks for your sharing.
ReplyDeleteดูหนังออนไลน์