Thursday, December 5, 2013

Stock to Buy

Kinder Morgan (KMI) is a Buy right now.

KMI announces 2014 financial expectations and expects to increase dividends ~8% Here

Morningstar: 4/5 with Fair Value of $40.00
Yahoo: Fair Target: $41.20

KMI took a big hit. It drop 7.09% in the last 5 days.

As you can see in the chart below, there is a strong support around $31-$33. Also the RSI tends to pick up at this level as well.



This chart shows that it is a little overvalue base on F.A.S.T. Graph.


 Here is a chart of the Estimated Earnings.


 Here is what a $10k investment would look in 10 years at current price.



I don't have fresh capital right now to buy, but I will be using my dividends to buy a few shares.



What do you think of KMI? Do you own shares?
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14 comments:

  1. Roadmap2RetireDecember 5, 2013 at 12:08 PM

    Thanks for the references, FFD.
    I noticed the stock drop 5% yesterday at open. Any idea why it is dropping - is it just the fear of rising interest rates or is there some other reason for it?

    regards
    R2R

    ReplyDelete
    Replies
    1. FFdividendDecember 6, 2013 at 8:35 AM

      It has to do with El Paso Pipeline Partners (EPB)
      http://seekingalpha.com/article/1877381-kinder-morgan-inc-offers-a-5-yield-and-double-digit-dividend-growth

      check out the link.

      Delete
    2. Roadmap2RetireDecember 6, 2013 at 9:24 AM

      Thanks FFD.

      Delete
  2. Fast WeeklyDecember 5, 2013 at 12:42 PM

    Thanks for the heads up FFD. KMI is one company I don't understand all that well. I'm waiting for Richard Kinder, who owns/buys large stakes in it, to make another buy......then, I'm going in.
    -Bryan

    ReplyDelete
    Replies
    1. Passive Income PursuitDecember 5, 2013 at 1:47 PM

      Bryan,

      He recent purchased $18 mill worth of shares. And that was at a higher price than you can get now.

      Delete
    2. FFdividendDecember 6, 2013 at 8:36 AM

      PIP is right. here is the link with that info. http://www.gurufocus.com/insider/KMI

      Delete
  3. Passive Income PursuitDecember 5, 2013 at 1:39 PM

    I'm not worried about the "low" growth in the distribution considering the amount of projects that are in the works. Plus where can you find 8% DG with a 5%+ starting yield. I reckon that's pretty hard to find. I still believe in this company in the long-term and have a limit order set to add to my position.

    ReplyDelete
    Replies
    1. FFdividendDecember 6, 2013 at 8:37 AM

      agree. this company is going to be great long-term.

      Delete
  4. Life In CenterDecember 5, 2013 at 10:09 PM

    Nice looking charts!
    I almost bought KMI yesterday but went with something different :P Might have to take a slice out of it if it's still affordable mid month.

    ReplyDelete
    Replies
    1. FFdividendDecember 6, 2013 at 8:37 AM

      what did you go with?

      Delete
    2. Life In CenterDecember 6, 2013 at 8:20 PM

      I went with VGR(Vector Group). They sell cigarettes and e-cigs so i feel it's a safe bet. It has a lso a pretty high yield of 9.8%. As I'm starting out I'm more inclined to take on some risk. I also thought about some chinese companies but that felt too risky. KMI just had a little too high of a price for my taste, but I'm sure when I start getting more dividends to re-invest back I'll buy a slice of it :)

      Delete
  5. MartinDecember 13, 2013 at 1:32 AM

    All three Kinder branches got hit a lot, great time for buying.

    Do you have a subscription to FAST graphs? Is it worth it?

    ReplyDelete
  6. UnknownJune 28, 2016 at 2:32 AM

    Any idea why it is dropping - is it just the fear of rising interest rates or is there some other reason for it?

    Epic Research

    ReplyDelete
  7. UnknownJune 30, 2016 at 2:58 AM

    In the stock market industry market prices is changed in few seconds, so Epic Research provide a calls on level when a level is executed on call target hit.

    Mcx Tips | Epic Research

    ReplyDelete

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