With the price drop in the overall market and a continually weakening dollar, several master limited partnerships have become more attractively priced.
Management says both the NP-5 and Kiryat Gat products “are expected to become our growth generators when the NP-4 reaches its peak revenues several years from now.”
Our investment approach is to buy companies with consistent earning power and high return-on-equity that employ little or no long-term debt, and to purchase at reasonable prices with a high margin of safety.