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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: bill who wrote (1763)11/6/2001 2:26:09 AM
From: Peter W. Panchyshyn  Read Replies (1) of 11633
 
He's got me thinking about ratios of distribution and stock price. I looked at the chart for AVN
and saw that since it became a trust it has dropped
5.00. 12.55-7.55. Wicked for anyone doing a buy and hold
in a bear market.

------------------------- Your concentrating too much here on the very short term. Has been around as a trust for what 5 months???? The more important thing to ask is how do trusts and buy/hold, or buy/hold/accumulate on weakness do during a bear market? And further to that how do they do when the bear market then turns around? And further yet ,how do they do after several bear and bull cycles? ------------------

This raised a question and I wonder if
Graham or anyone else could explain, answer the following
question: what is the necessary relationship between
distribution and price of a trust?

----------------- That can be answered easily enough by looking to the data available. And I talk of long term data , like approaching 20 years of data for the trusts that have been around the longest (PGF.UN and ERF.UN), and not just for AVN.UN that has been around as a trust for a few months. -----------------------
---------------- Now just where can one find the necessary data? The FINANCIAL POST DATAGROUP has and does put out a yearly publication (going back decades) entitled "" FP Dividends Annual Record & 10-year Price Range "". Actually prior to 2000 its two seperate pubs "" FP Dividends Annual Record "" and the "" 10 Year Stock Price Range "". These can be found at any good library or University Library. Couple the info provided with these, with say the daily or weekly historical stock price quotes available by online data providers. And you have all the raw data you need to do a proper analysis. All the above data I have. And I have gone through it, to develop my strategy. Buy/Hold/ and accumulate on weakness. ------------------------------------
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