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


To: David Alon who wrote (3634)7/2/2002 8:07:10 PM
From: a.handbag.  Read Replies (2) | Respond to of 11633
 
Take a look at HAL. No not the computer, the container terminal in Halifax. It's really boring. It's so dull it hardly trades; sometimes it doesn't. I have had it for 5 years or more at a cost of 8.65. Today it was 8.60. However, it has paid 97 cents for an 11% plus yield come hell or high water. Hell was when the port authority tried to increase their rent by 700%. Halifax is the nearest ice free port to Europe and trains can take stacked containers to the mid-west. They have two Panamax cranes. I'm sure my shares will be found in my estate. Just a suggestion.



To: David Alon who wrote (3634)7/2/2002 10:03:15 PM
From: Scott Mc  Read Replies (2) | Respond to of 11633
 
POU trust will be trading in appox, 2 months...

Not sure if anyone caught the comment about "the state of the art management contract", in that it will only pay the salaries of the folks running it, not a fixed % each year.. I have been quite shocked with some of the fees paid, one that is very reasonable is AVN.UN - Advantage Energy Income.

It's quite hard to determine fees and what is rewarded, I know some of the O&G trusts(and REIT's) pay the managers a fee for buying and selling, this of course promotes flipping properties.