RE:RE:Analyst CommentNurnmurmer wrote: I consider BTE to be a better buying opportunity at this moment compared to CPG. I just can't resist that $4 spread. I have swapped out 1/3 of my CPG holdings for BTE. Hoping to see them trading close to par sometime in the next month. I like them both, though.
Please share your thoughts on why you like BTE better than CPG? Other than past share price.
i like them both as well, BTE has less debt, better finacially, lower payout ratio. But CPG has more production, $20 higher netback, more debt, more shares, higher po ratio, and there financials aren't as clean as BTE.
Personally I belive CPG has traditionally had a lower pps as investors don't like the fact they keep diluting the share base all too frequently.
I bought BTE on the initial IPO for $10 a share, and they RARELY disappoint. CPG has been stuck with the same PPS for a lot of years now and have POed investors a few times.
Anyway curious to hear your thoughts.