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Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA


Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.


NYSE:PTA - Post by User

Post by BlueBullzeron Oct 28, 2012 6:20pm
384 Views
Post# 20532947

Value.... and this board.

Value.... and this board.

I keep seeing people throwing out the 1.00 figure, and sure it would be nice, but we have to be realistic.  If you look at other companies in this sector like Parex, and Canacol, you'll see that based on their production and number of outstanding shares there is no way PTA is worth 1.00.  Neither of those 2 companies are trading at 1.00 (respective to outstanding sares) and both of them have over 10 000 Bopd and large land holdings.  I know you cry buyout and shareholder rights plan, but the rights plan actually makes PTA a less attractive target for a buyout because it would force the buyer to pay more for flow they could get elsewhere.  Don't get me wrong, I have high hopes for this company, but we gotta get our heads of the clouds and have proper boad chatter without all this bickering and pumping/bashing.  Lets have some real Q and A for once.

GLTA

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