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Global X Active Preferred Share ETF T.HPR



TSX:HPR - Post by User

Post by gharibmon Jan 18, 2005 12:44pm
416 Views
Post# 8448027

HPR

HPRThis may surprise some of you; I am actually going to post about HPR and not promote some other company on this thread. Here is what I like about the company. It can grow production at 20-30% per year using CF. If one of the high impact wells comes in, that is a bonus. Companies growing at 15% are said to be high growth, well, HPR can grow at twice this rate. Ricinus is shaping up to be a very important core area for the company in addition to Desan and Ferrier. The stated policy of the company going forward is to use CF to grow production. As production grows debt multiple to CF will drop. This story is good enough for me, but hey if it is not good enough for you; why don't you just move on?
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