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Re: KevinKT post# 1655

Wednesday, 06/16/2010 7:46:37 AM

Wednesday, June 16, 2010 7:46:37 AM

Post# of 2300
So at 24c distribution thats 2.88/unit and they give a target of 14.50 that would imply a yield of 19.80%. Does it make it any sense? not to me

theres virtually no income trust trading at a 20% yield right now. even only a handful trading between 15-20%. even NG (arguably one of the commodities with the most bearish sentiment out there) trusts like PMT.UN which I have been buying lately are already approaching 10% yields or even lower. and they have CFX at 20% yield? what is pulp, the Rodney Dangerfield of commodities?
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