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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (45631)3/8/2012 10:44:59 AM
From: E_K_S2 Recommendations  Read Replies (4) | Respond to of 78462
 
CANADIAN OIL SANDS LIMITED (COS.TO)
Canadian Oil Sands Limited (COSWF.PK)

Added a few shares of COSWF to IRA. Company pays a 5% dividend and is undervalued based on the proven Oil reserves they own.

Canadian Oil Sands: A 5% Yield On A Depressed Share Price
seekingalpha.com

I financed the purchase w/ accumulated dividends from my high yielding preferreds (16% of portfolio: MHTpC, MHRpD, GSTpA & GMXRp) and selling a small portion of TPZ (here the dividends are automatically reinvested) that is selling near it's all time high.

The net result was to add another undervalued company yielding 5% to my stable of steady dividend payers.

EKS