GREY:LSTMF - Post by User
Post by
moltingon Jul 30, 2012 11:58pm
786 Views
Post# 20167606
Dividend safe!
Dividend safe!
2012-07-30 |
HOLD |
PetroBakken Energy
PBN-T |
Michael Smedley |
Bought into the revival a few months ago after it had been trashed by a statement about the balance sheet, which was then amended. Then it got cratered along with other oil/gas stocks. Thinks it is well able to cover its 7.4% dividend. Payout ratio of only 53%. This is essential to the Petrobank Energy and Resources Group (PBG-T). Has tremendous assets.
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Price:
.000
Subject: CANADIAN
Bias: BEARISH
Owned: Yes |