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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 Jun 04, 2013 2:23pm
169 Views
Post# 21482314

30 short term is likely I believe.

30 short term is likely I believe.

Still have not heard if the P facility has been optimized with the present number of wells, up to LM 9 of course.

Very important at least to me, would give an idea of what we can expect from the field a little longer term...

LC 1 will give some good production in the future, but probably not factored into today's price. We need to remember if a P or C  facility of some type is going into LC then there will be a cost for that, as well, as an expectation of additional production from LC. I still think with 3 more wells to come from LM and LC 2 / Rumi 1, then it is still likely we can get close to 10000 boes a day, depending on production profiles at LM...  Thats my own scenario, do your own DD.....  I dont think cashflow is the best way to get an evaluation on price in these markets, I think previous transactions in the area, are a much better indicator... ( RLI is easy to get from the presentation as well, and thats pretty decent now as well).. The big bumps in price for some shares in the markets are coming from M and A types of news... I think that gives you enough to work with there....

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