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It was announced in mid-May that Cheniere Energy Partners would be folded back into the parent company. Consequently, this section is no longer updated and will go public at some point. The related Holding company mainly owned CQP shares and converted its MLP distributions into dividends. I saw this as a good way to get fairly stable high yield with the potential to grow in step with rising demand for LNG.
Although the investment was short-lived, it earned about ~40%
annualized return including dividends. Now this section serves as
an example of how continuing coverage is just as important for
exit strategies (see the INVN section
for another example of that), and how many of my best ideas never
see public coverage while they are viable.
Updates: | ||
---|---|---|
+4 | CQH, CTL and macro notes | 09:59 04-May-18 |
+4 | SLB, AES and new natural gas picks | 02:25 01-Dec-17 |