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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > At these prices, fundamentally speaking, no matter how you..

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Comment by Shlinker_on Nov 22, 2013 2:48pm

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Post# 21932870

RE:At these prices, fundamentally speaking, no matter how you..

Hege. no there is an argument actually to a possible dividened. The company has said repeatedly they are looking for farm-outs/farm-ins and possible aquisitions. If PTA so wishes to expand the current land holding they will need to purchase land and or JV with another company. Therefore, any cash surplus over and above exploration is for land purchases or JV's. I think we consolidate, finance, and buy land is my personal opinion. Which maybe isnt such a bad thing? And this is highly possible. Only other option is being taken over. Which can happen yes, but i personally think that isnt happening anytime soon. Without success with the drill, reserves numbers will remain fairly low, or so at least low enough to keep the price from ever hitting 0.42 cents again. Imho.

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