RE: RE: RE: looking cheap now Ha Ha no kidding. I'll take those free shares. This is a solid well managed quality company. Anything down here in the 7's is stupid cheap. She's a buy and hold at these levels. Even the big boys agree we are now trading well below target price. It's a buy and hold and with a 8.46% dividend it's hard to complain.
With its reduced dividend, NAL screens as one of our most sustainable
names with a 2012E total payout ratio of 96% (including the DRIP) vs. the
group at 111%. With a current yield of ~8% (vs. the group avg. of 5.4%),
we believe NAL makes an attractive investment for yield-focused investors.
* NAL Energy Corp: CIBC 12-18 month target price $10.50
* NAL Energy Corp : BMO cuts price target to $8 from $10
* NAL Energy Corp : Macquarie cuts price target to C$7.50 from C$8.00
* NAL Energy Corp : NBF cuts target price to C$8.50 from C$9
* NAL Energy Corp : RBC cuts price target to C$9 from C$10
* NAL Energy Corp : Salman Partners cuts price target to C$8 from C$8.50