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 > Oil price mid-long term direction as sealed by recent data

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Comment by HedgieTdoton Dec 08, 2014 4:09pm

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RE:RE:Oil price mid-long term direction as sealed by recent data

Issue Perdika is picking the low. You've been calling it for months and are down if you're an owner or buyer which you've never stated.
They won't make exit guidance and I'm willing to bet on that.
The optimistic cash on balance sheet estimates ignore:
- accounts payable
- g&a burn
- the langur well which is guaranteed to cost, and might find something.
- Vetra is already pulling back drills for next year. This forum seems to treat guidance as given, but all the same drills won't and shouldn't be drilled in 2015 as planned sheerly on economics.
- Brent 2015 calendar strip is essentially $70 flat.

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Gold, growth and sustainability in focus for Mandalay Resources