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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: James M. Belin who wrote (982)5/8/2001 10:57:35 PM
From: trustmanic  Respond to of 11633
 
I hold some RSI.UN because the price is near 52 week low, and I hope next year the beet juice yield more sugar. I didn't know that the insiders are buying this stock.

George



To: James M. Belin who wrote (982)5/9/2001 9:33:56 PM
From: bhartley  Read Replies (1) | Respond to of 11633
 
Regarding RSI.un the income for this trust is essentially from the note that the trust holds for the parent company. However, if you read their news releases over the past 2.5 years there has been a lot of excuses on why they have not produced any rising returns. I spoke to LaFrance (CEO) on Monday and he said the remainder of the year would only pay @ $0.10 per share/quarter. I also asked why there have been no dividends included with the income from the parent company in addition to the interest on the note and he had no answer. Reading the news releases and in context that sugar prices are twice this year as to last and yet the distribution is down. Now they blame all of this on energy costs?????