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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

Comment by CONSTRUCTIVE_SUBVERSIONon Mar 14, 2013 1:31pm
267 Views
Post# 21130507

Winter.... Add another quarter onto that target..

Winter.... Add another quarter onto that target..

Thats my conclusion, that I made back in November.  At that time, based on the facts that wed have reasonable exploration and development success, and that the market would pay a reasonable valuation for what wed achieved.  Production and exploration success has been more than reasonable, while valuation..the market hasnt recognized that enough in my opinion.. We are getting paid in Brent not WTI  nor western canada select. Sooner or later value gets recognized, and winter we may disagree sometimes on timing or what have you, but i think once the next 4 or 5 wells are complete at Las Maracas, we might just be singing a new tune. Interesting enough, my intuition tells me market might just begin to move up here, after a relatively long time consolidating... larger investor (s) looks lo be scooping here again. Now we didnt get a lot of answers on the previous morgan stanley buyer, now may be the time to revisit. Have a nice day. Again do your own Due Diligence, one may come up with an entirely different conclusion (s) then I did.

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