Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Harry Soin who wrote (2356)	12/23/2001 10:06:14 AM
From: Peter W. Panchyshyn	Respond to of 11633

Based on PWI's historical data e.g. going back to 95-96 it appears stock was trading around 5-6 $ range. and the payout was like 10 cents as well. Does it mean its a great buying opportunity ? --------------- The following are the historical price ranges for the trust - from FPDataGroup's Annual Dividend Record and 10 Year Price Range - 2001----- 10.62 ?----- 5.82 ? ----- ? - so far for this year 2000----- 9.30 high 6.10 low 1999----- 7.75 ----- 4.65----- 1998----- 8.75 ----- 4.75----- 1997----- 9.75 ------ 7.80----- These ranges are the cycling ranges for the trusts which I have spoken of. They provide an investor with an idea of how the trusts HAVE fluctuated and WILL fluctuate in any given year. We can see that it is in the realm of possibility that the trust will go lower but then again maybe not. Hard to pick the exact turn around point at the bottom or the top. But if one uses ranges to guides ones purchase , much like in my post # 1998 for ERF. We can use as a guide not accumulating above say $8 and accumulating for certain below $6. Between $6 and $8 would be about the average long term ranges and one could accumulate if he so wished, especially closer to that $6. Now this is all given to you as a simplistic example but gives a general idea, one would of course have to go through the number crunching to come up with a more precise model to follow. Whether its a buying opportunity or not , depends on whether you BELIEVE the trust can continue to follow the cycles it has shown to follow in the past, from lows to highs and then from highs to lows then back again. And if you are comfortable with that cycling. The longer it has done so the better its chances to do so again. For trusts like ERF and PGF they have been doing it for nearly 20 years. ---------------------- Can some body please answer if company's financial health is good? or it it time to get out. --------------- Look for yourself to the reports, to see if the trust is producing above its costs of production. Look to if the trust is undergoing cost cutting. Look to the degree of hedging. -------------------- -------------- An investor in these trusts, should have before they had gotten in to them, should have looked into all the info about them. Like I have been saying. Especially how they had been trading. Which the table above clearly shows. Asking ones self before hand if he can stomach that kind of swings occurring. The way I see it is many will look to the high yields then either disregard how they have been trading or simple think it not important or yet still they may be fooling themselves into thinking they can get in and out without getting hurt making lots of money doing so. But they just can't. As our resident "superior traders" have shown. ----------------------------- I have about 20% of my portfolio in PWI,PGU,AET.

To: Harry Soin who wrote (2356)	12/23/2001 12:15:15 PM
From: trustmanic	Read Replies (1) \| Respond to of 11633

Hello Harry The stock market is a place for buyer and seller. Even a stock go down, there are equal of buyers and seller. There are X number of people wanted to get out and some people are very optimistic about the future and they think this is a good time to get in. Anyway, which way you wanted to go is still a gamble of the future. May be someone will argue that the Q report or the annual report, but the future is only a projection. Nobody knows which way the O & G is going in the next 12 months. regards George