bought Duet in 2013 and more in 2014. i intend to hold long term as with all my holdings.i think gas has a better future here than electricity and both APA and DUE have the advantage there imo, APA sure have the transfer/transport of gas in the bag. ....Ski have covered bases by exposure in the gas sector with their DUE holding as well...but arent they more into electricity? eggs in one basket ?
to me the transgrid deal looks like it will work for the consortia,paid a big price,they say its .14 cents a share value for SKI but with the business of using a tax haven for ownership, who will call the shots on how the profit is shared ???
Both Duet and APA have stated their intentions of going overseas for assets.I would like some APA but not at this price.when the sheit hits the fan i will buy on any decent drop.Having said that ,APA seemed to have a steady earner on the contracts....
just a laymans opinion ...good luck ACWMR
SKI Price at posting:
$1.92 Sentiment: None Disclosure: Not Held