Gaslog Partners LP (GLOP-C)

GLOP nice move here!

Surprised this hasn’t moved higher with rising oil and natural gas prices...

GLOP GasLog Partners Strategic Review Update

On November 10, 2020, GasLog Partners LP (“GasLog Partners” or the “Partnership”) announced its intention to engage with an independent advisor to assess its strategic alternatives. After a comprehensive analysis of the Partnership’s corporate structure, assets, financial position, competitive environment and current and expected commercial market, the following conclusions have been reached:

GasLog Partners will maintain its current corporate structure with GasLog as its general partner;GasLog Partners will continue to pursue an independent commercial and operational strategy of owning, operating, and acquiring LNG carriers; andStrategy remains an ongoing focus of the GasLog Partners’ board and GasLog Partners is open to entertaining all value-enhancing options for the business as it continues to reduce debt and enhance liquidity.

GLOG (Parent company) Will go private

As we separately announced today, GasLog has entered into an agreement and plan of merger (the “Merger Agreement”) with BlackRock’s Global Energy & Power Infrastructure Team (collectively, “GEPIF”), which is focused on essential, long-term infrastructure investments in the energy and power sector, pursuant to which GEPIF will acquire all of the outstanding common shares of GasLog Ltd. that are not held by certain existing shareholders for a purchase price of $5.80 in cash per share (the “Transaction”). Following the consummation of the Transaction, certain existing shareholders, including Blenheim Holdings Ltd., which is wholly owned by the Livanos family, and a wholly owned affiliate of the Onassis Foundation, will continue to hold approximately 55% of the outstanding common shares of GasLog Ltd. and GEPIF will hold approximately 45%. Please refer to the separate press release on the Transaction dated February 22, 2021 for additional information.

Good post. Long GLOP and the preferred’s

This ship is finally turning now that earnings release is in sight. The traders have manipulated this stock. Earnings will be good since all ships are sailing at favorable rates.

* * $GLOP Video Chart 05-04-2020 * *

Link to Video - click here to watch the technical chart video

Is GLOP reacting to today’s RDS news and dividend cut? Is there fear of trouble with RDS contracts?

And that’s what it’s like to see manipulation.

Maybe Levanos family controlling both will have glog buy back glop? Would explain your observation....

I wonder if this is being manipulated by traders a bit.

Strange to me to see GLOG not increasing but GLOP going crazy.

I do think GLOP sold off to much but it’s worth watching as the spread between the two gets closer and GLOG I would view as more valuable.

Yes it is. Strong into earnings, great sign of things to com.

This stock is HOT!! $5 bound

LOL! Maybe thay need to start "Googling"

This bulk tanker is tanking . LOL > Some folks don't know the difference between LNG & crude oil storage ships.

Yeah, took advantage!

I picked up 2000 shares at $1.75. I knew I should’ve grabbed more but there was serious market panic during that time.

Yes, I'm so loaded, can't buy more until I get my Stimulus!

Going to $5 and then waiting for earnings report.

Picked up 2,000 shares today. Went back and looked at the last quarter report and things are fine. Management is just being conservative but they actually guided for 200M ebitda which is significant cash flow for a 80m market cap.

They also have a 25M budget on common stock which would knock out almost 1/3 of common shares in 2020.

Let me know what you think. Thanks in advance!

Thanks; I will dig more next week

Agree, appears from what I've gotten from the situation, the biggest hit is on depreciation of the old assets in the fleet, which really doesn't affect liquidity. I think the drastic share drop is from investors depending on the dividends. The cut scared them off with opportunity for us. My opinion, I'm betting the house. Hope I don't lose my arse!

Good luck and thanks for any insight or thoughts.

interesting one.. so divvy drop but still exists AND buyback authorized

danger of liquidity issues(?) 'If' I read their Feb 6th filing correctly, they claim they can meeting all obligations for the next 12 months BUT I'm sure that's market conditions dependent

??

I'm loading all I can get under $5

No comment/speculation, nothing from anyone?

* * $GLOP Video Chart 02-13-2020 * *

Link to Video - click here to watch the technical chart video

* * $GLOP Video Chart 02-06-2020 * *

Link to Video - click here to watch the technical chart video

RUNNER gets up!!!

RUNNER fall down.

RUNNER!!!

Yeah, has a price target of $24!

Is this a good pick?

News: $GLOP GasLog Partners LP Announces Date for Fourth-Quarter 2018 Results, Conference Call and Webcast

Monaco, Jan. 16, 2019 (GLOBE NEWSWIRE) -- GasLog Partners LP ("GasLog Partners" or the "Partnership") (NYSE: GLOP) today announced that it will release its financial results for the fourth quarter of 2018 before the market opens on Wednesday, January 30, 2019. GasLog Partners will host a...

Find out more https://marketwirenews.com/news-releases/gaslog-partners-lp-announces-date-for-fourth-quarter-2018-results-conference-call-and-webcast-6924454.html

Any thoughts on family controlling this to do a buyout with a major buyout firm like KKR or Blackstone?

Any thoughts on family controlling this to do a buyout with a major buyout firm like KKR or Blackstone?

$GLOP Analysts’ consensus target price for GasLog Partners was $26.65 on December 21. Currently, it’s trading at $23.60, which implies a 12.9% return in the next 12 months at the current price.

$GLOP About 82% of the analysts tracking GasLog Partners (GLOP) recommended a “buy” or some equivalent on December 21, 2017. Approximately 18% recommended a “hold,” and none of the analysts recommended a “sell” or some equivalent.

Tough market out there.

It's crazy how depressed this is.

GasLog (NYSE:GLOP): Q2 EPS of $0.58 beats by $0.08.

Revenue of $32.94M (+3.9% Y/Y) beats by $0.3M.

GasLog Partners (NYSE:GLOP) -4.7% AH after agreeing to acquire three liquefied natural gas vessels from GasLog Ltd. (NYSE:GLOG) for $483M.

Nice drop down of 3 vessels today. Continued growth. Offering 7.5M shares which is dilutive but net positive

I picked up a starter position here before the ex date tomorrow. This will be a long term hold for me I think this company is more shareholder friendly then parent company GLOG

Wasn't expecting today's pop, little disappointed I haven't bought any GLOP yet.

Thank you and good luck to you. Keep me posted with your thoughts.

I picked up GLOP out of Investors Business Daily. I'll let you know when they have anything new on it.

Good Luck!

I've read all the SA articles but if you have any more interested thoughts/posts I would enjoy to read them.

I like the spin off GLOP better than the parent GLOG.

I own GLOP at two prices right now... 34 and 23.

I do not own GLOG

I do, however, track both and if you think you might find the GLOP links handy I can repost them in full format here on this board.

They sit on mine at the moment. I don't transfer them unless someone will actually find them useful.

Let me know - and good luck!

Jen

GLOG - chart sets and news links
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100737890

GLOP - chart sets and news links
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103785324

Yessir. Cumulative is nice to. So these dividends are basically guaranteed unless gas log goes bankrupt, which I find highly unlikely. I think for a 2-3 year horizon GLOP may be better then the preferred shares tho because they keep raising the div aggressively.

You think GLOG is a buy right here?

The 8.75% Series A Cumulative Redeemable Perpetual Preference Shares?

Didn't even know about it until you mentioned it. LOL

I'll have to look into that. THX!