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MFS Charter Income Trust V.MCR


Primary Symbol: MCR

MFS Charter Income Trust (Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but also considers capital appreciation. The Fund primarily invests in debt instruments. The Fund also invests in corporate bonds of the United States and/or foreign issuers, United States government securities, foreign government securities, mortgage-backed securities and other securitized instruments of United States and/or foreign issuers, and/or debt instruments of issuers located in emerging market countries. It invests in a range of fixed income sectors, such as high yield corporates, emerging markets bonds, investment grade corporates, Non- United States government bonds, commercial mortgage-backed securities, mortgage-backed securities, collateralized debt obligations, municipal bonds, asset-backed securities and United States treasury securities. The Fund's investment advisor is Massachusetts Financial Services Company.


NYSE:MCR - Post by User

Bullboard Posts
Comment by BillyBufford155on Dec 10, 2014 10:13pm
156 Views
Post# 23217867

RE:RE:RE:Building of a Company

RE:RE:RE:Building of a CompanyRe Beckys Post: So let me get this straight...The plan is: 1) for Macro to build an $8 million office building, despite being only a $50 million dollar company. So it can secretly branch out as a REIT and double its money on real estate speculation, and not pipeline construction. 2) All despite Macro's earnings plummeting from $1.50/share last year to $.15/share this year, and in their last quarterly report webcast, they state that many of their new bids are being delayed at the selection approval stage due to a slowdown in the industry. 3) All while oil is in free fall and all other oil companies will soon slash their capital budgets. 4) All despite Smiling Christy Clark saying LNG is going through, but nothing is definite and she has a huge political incentive to say so. Makes sense...What could possibly go wrong. lol Also, 400k of office space @ $40 per year is $16 million. Petronas' yearly revenue is $100 billion. The leases can easily be cancelled or subleased if needed. The loss on this would be a drop in the bucket for Peronas if the LNG project negotiations fall through.
Bullboard Posts