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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

Comment by mrpanickon Mar 30, 2015 8:32am
102 Views
Post# 23575835

RE:RE:RE:RE:Message Board Sentiment

RE:RE:RE:RE:Message Board SentimentThe 4th quarter cash for 2014 is not going to show the trend for 2015, contrary to your claims Mouserman. They are spending about 20 mil in capital expenditures in the first half of 2015 and only about 5 million (unless oil recovers) in the 2nd half of 2015.  The capital budgeting shows that they are not going to be burning cash in 2015.  It takes a couple of quarters to ramp down capital spending.  You've taken to looking at the cash burn during the ramp down and projecting that into 2015.  It's BS logic and that's why I've been calling you out for it, along with other ridiculous claims you;ve made that they would issue shares.
   I get it that you are looking to talk the stock down and try and get cheap shares, but I'm not going to leave BS like that unchallenged.
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