GREY:PEYTF - Post by User
Comment by
Beabaggageon Aug 13, 2014 11:54am
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Post# 22836855
RE:RE:Market likes the stable distribution statement from RBC
RE:RE:Market likes the stable distribution statement from RBCmilder winter projected for US 14-2015,, no hurricanes, no summer demand at all for a/c this year, record low electricity demand for A/C Jun-Jul2014, record Marcellus/Utica NG production growing daily and more midstream coming online, etc. could be a perfect negative storm for NG pricing 2014-15, we might get another sub $3US print on US ng.. so you get 15percent yield here and probably another opportunity to buy near $3.50CA in next few mo's. downside surprises like production problems would hurt again- in the 1st q they had weather related problems executing when you had the highest prices for NG.. they need positive surprises w all this debt. missing that cash flow is not good.. spec yield play imo, certainly attractive to US investors w no tax, 3x what you can get on a high yield debt fund.. agree not a walk in the park, more like a walk thru the twilight forest w constant due diligence required for holders.