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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Lets deal with facts

<< Previous

Bullboard Posts

Next >>

Comment by Deadcowon Sep 29, 2014 10:42pm

198 Views

Post# 22981377

RE:Lets deal with facts

Uraniumted ,

I agree with you, anyhow here are some FACTS :

PTA closed @ 0.29 CAD. FACT

thats a market cap of 250 Mill CAD. FACT

that equals 225 Mill USD. FACT

net cash is (60 mill - 35mill debt ) = 25 mill USD. FACT

that translates to an EV of 200 Million USD. Freakin FACT !!!!!!!!!!

PTA estimates a reduced 7400 BOEPD ! Let's say the only manage to increase production to 8500 BOEPD in 2015 and their net backs are reduced to $65 instead of mid $70's (Estimate)

That translates to 2015 CASH FLOW of 200 Mill !!!!!!!!!!!!!

so basically PTA IS TRADING AT 1X 2015 CF !!!!!!!!!!

Cheapest oil producer in the world !!!!!! FACT

I bought 500,000 shares today !!!!! FACT

I am re arranging my portfolio to buy more PTA !!! Another FACT !!!

I assume you get the picture, and if you or whoever else reading this doesn't than that's too bad !!

GLTA

Cheers

Deadcow

<< Previous

Bullboard Posts

Next >>

A potential breakthrough in spinal cord and optic nerve injury treatment