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 > Frightening

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Comment by cocomgon Jan 29, 2015 1:13pm

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Post# 23377924

RE:RE:Frightening

Nothing to worry about. Even assuming brent stays at these levels for the next five years, assuming also new discovery is made, pta at depletion has more value than todays price. Assuptions: 1) cash netback of $8 per boe 2) producing 5500 boepd for the next 5 years 3) 80 mm cash and cad35mm debt 4)11mm 2p PPS cad 0.18

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Thunder Gold makes generational discovery