GREY:LSTMF - Post by User
Post by
thebeek02on Oct 30, 2012 12:30pm
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Post# 20539705
Buy under 12
Buy under 12 Although there may be a $3.00 s.p. differential developing to PBG, PBN is generating a wonderful dividend of $0.96 annually. That's 8% at $12.00. Compare that to CPG! I can envision a $16.00 sp by february once the dust settles. Tax trading, arbitrage suspicions, and general PBG/N poor favour in "the markets" is about to get resolved.
Although I've always been a pbg holder, most of my faith is in the management, who continue to develop value, through dedication, perserverance and foresight. Very satisfied to go forward with a piece of each new petro.
The conference call this morning told it as it is.