Aug. 11 at 2:45 PM
$VG
A lot of great news today, and a lot of it was already baked into the price by current investor mix judging by reaction. Movement is close to TTF move today, which has been the norm for the year.
The divi increase is real this time, and yield now surpasses Cheniere (1.1 vs 0.8)). I'll take it. Sounds like More divi increases and share buybacks are real possibilities forward.
I LOVE the focus on shortening deals to more like 15 years average, effectively doubling the fees. This is huge going forward.
Sabel & crew continue to deliver, and the style is very conservative as always. Sounds to me like CP2 will be a lot closer to July 1 than Dec 31 next year.
I expect VG to catch Cheniere's market cap over 18 months or less, which implies
$22 price and 55% increase from today. I also expect to see TTF over
$100 at some point this year, though as spike.
Good luck to all either way.
