Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Shlinker_on Dec 30, 2014 11:30am
156 Views
Post# 23272020

or maybe....

or maybe....Just maybe.....12M of 2P just doesn't interest any of the potential suitors. PTA over paid for 15% of the Quinde production and PUT as it stands. PTA is miles away from being acquired simply put. They have to roll back the shares in the new year and equity raise to operate PUT and pay off the senior notes....they need 100M in cash...and they have 65M. These are the words of the company. Once 2P gets above 20M then perhaps we can talk acquisitions. Long after proving PUT (speculation). Its immature to think they would be taken over now. And building pipelines takes time and more money! They just cant "tie into" a pipeline over night....little own a full year. PTA needs to find the oil first before they can ship it no? We are dead money until we produce 10k/day and increase reserves. Creative Shipping will happen when it needs too....in a long time.
<< Previous
Bullboard Posts
Next >>