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 > Bought again today.

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Comment by Deadcowon Dec 04, 2014 6:46pm

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Post# 23197349

RE:RE:Bought again today.

HedgieT,

I know not a lot of people use PE ratios for juniors, but without getting into details, all other metrics are hilariously cheap !! I'm assuming the success from the developement wells and the expliration wells to just equal the decline rates so my assumption was maintaining the 7500 boepd for 2015.

Btw management is not as bad as a lot on this board think so ! Everyone was complaining how on earth they didn't but back shares when the stock dropped last month to 0.23 ! Now we are at 0.17.
as much as I believe the stock is very cheap I believe preserving their cash for their business is a better choice. They're also not going to go ahead with the consolidation except when the market is ready for it and when they believe that it will affect the stock in a positive way.

Decline rates or exploration success or blockades, these are all issues out of their control.
cheers

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