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 > PRODUCTION Update will be out very soon

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Post by perdikaoilgason Sep 23, 2014 3:08am

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Post# 22961150

PRODUCTION Update will be out very soon

For those impatient supposedly "longs" who look for a Production Update too much and cannot realize:

- The big picture, the company's cash machine, the company's ZERO debt, the company's stellar balance sheet, the company's development wells on its proven oilfields during Q3 and Q4 2014

- PTA's transformational deal with SRN that gives it access to the "sweet spot" of the Putumayo Basin, according to the official announcements

- PTA's gross undervaluation compared to the peers

- the fact that PTA is the next takeover target of the Colombian energy patch

- the fact that PTA trades just 1.6 times its 2014 EBITDA, while even the oil producers in Kurdistan, Yemen, Oman, Nigeria, Argentina where Kirchner nationalizes everything trade between 5 and 9 times their 2014 EBITDA

- the fact that PTA's Quinde wells from the Quinde oilfield are GUSHERS flowing 2,500 - 4,400 bopd, and there is not another company in Colombia with such amazing results from its wells

I just contacted the company and I quote their immediate feedback:

On Monday, September 22, 2014 4:10 PM, Investor Relations <investorrelations@pta-oil.com> wrote:

XXXXXXXXX,

We will be getting out an production update very soon.