Comments on: “Power up your Portfolio with Energy” Elliott Gue http://www.stockgumshoe.com/2008/10/power-up-your-portfolio-with-energy-elliott-gue.html Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)! Sat, 21 Nov 2009 04:01:25 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: JesusIsLord http://www.stockgumshoe.com/2008/10/power-up-your-portfolio-with-energy-elliott-gue.html/comment-page-1#comment-5560 JesusIsLord Thu, 02 Oct 2008 07:02:51 +0000 http://www.stockgumshoe.com/?p=622#comment-5560 Hey SGS, you can disregard my last post. my bad. Hey SGS, you can disregard my last post. my bad.

]]> By: JesusIsLord http://www.stockgumshoe.com/2008/10/power-up-your-portfolio-with-energy-elliott-gue.html/comment-page-1#comment-5559 JesusIsLord Thu, 02 Oct 2008 06:57:13 +0000 http://www.stockgumshoe.com/?p=622#comment-5559 P.S. SGS Is that deep water driller you mention in your disclaimer (NUS) TSX Nautilus Minerals? P.S. SGS Is that deep water driller you mention in your disclaimer

(NUS) TSX Nautilus Minerals?

]]> By: JesusIsLord http://www.stockgumshoe.com/2008/10/power-up-your-portfolio-with-energy-elliott-gue.html/comment-page-1#comment-5558 JesusIsLord Thu, 02 Oct 2008 06:51:48 +0000 http://www.stockgumshoe.com/?p=622#comment-5558 This taken from fool.com Penn West Energy Trust (PWE) is the largest CANROY aka Canadian Royal Trust. CANROYs are similar to the MLPs that are available here in the U.S. in that they pay huge dividends in exchange for tax benefits from the government. The difference is that the Canadian government pulled the rug out from underneath CANROYs during the "Halloween Massacre" and decided to start taxing them despite campaign promises that they wouldn't. That's why this is a much hated sector and many investors are staying away from it. The new taxes don't kick in until 2011 and even then most CANROYs have built up huge pools of reserves that will enable them to avoid paying taxes for at least another year past that. So by buying PWE today, one basically will be able to collect a dividend of at least 15% (paid monthly!) for the next four years. By the time that 2012 rolls around the company will have to decide if it wants to try to reorganize as an MLP here in the U.S., change into a normal corporation and focus on growth, or do something else. I'm not too worried about what form PWE assumes because oil will be over $150/barrel by then and the company's assets will be worth so darn much it won't matter what they do. Here's the simple formula that I used to decide to purchase PWE Huge oil and gas assets in a country that borders the U.S. + huge sustainable dividend for the next four years + hated sector that provides a discount versus other similar companies = BUY. This taken from fool.com
Penn West Energy Trust (PWE) is the largest CANROY aka Canadian Royal Trust. CANROYs are similar to the MLPs that are available here in the U.S. in that they pay huge dividends in exchange for tax benefits from the government. The difference is that the Canadian government pulled the rug out from underneath CANROYs during the “Halloween Massacre” and decided to start taxing them despite campaign promises that they wouldn’t. That’s why this is a much hated sector and many investors are staying away from it. The new taxes don’t kick in until 2011 and even then most CANROYs have built up huge pools of reserves that will enable them to avoid paying taxes for at least another year past that. So by buying PWE today, one basically will be able to collect a dividend of at least 15% (paid monthly!) for the next four years. By the time that 2012 rolls around the company will have to decide if it wants to try to reorganize as an MLP here in the U.S., change into a normal corporation and focus on growth, or do something else. I’m not too worried about what form PWE assumes because oil will be over $150/barrel by then and the company’s assets will be worth so darn much it won’t matter what they do. Here’s the simple formula that I used to decide to purchase PWE

Huge oil and gas assets in a country that borders the U.S. + huge sustainable dividend for the next four years + hated sector that provides a discount versus other similar companies = BUY.

]]> By: JesusIsLord http://www.stockgumshoe.com/2008/10/power-up-your-portfolio-with-energy-elliott-gue.html/comment-page-1#comment-5557 JesusIsLord Thu, 02 Oct 2008 06:24:30 +0000 http://www.stockgumshoe.com/?p=622#comment-5557 I don't know what stock #3 could be, but check out Penn West Energy Trust (PWE) a Canadian Royal Trust. It pays a hefty dividends that you get taxed 15% of the dividends due to Canadian tax laws. The dividends you get after tax may be near 12% - 13% range. If you hold stock in a taxable account, you will get that money back as a tax credit at the end of the year if you hold (PWE)in a taxable account, but not if it is in a tax advantaged account ( ROTH IRA etc). What do you guys think of PWE? I don’t know what stock #3 could be, but check out Penn West Energy Trust (PWE) a Canadian Royal Trust. It pays a hefty dividends that you get taxed 15% of the dividends due to Canadian tax laws. The dividends you get after tax may be near 12% – 13% range. If you hold stock in a taxable account, you will get that money back as a tax credit at the end of the year if you hold (PWE)in a taxable account, but not if it is in a tax advantaged
account ( ROTH IRA etc).
What do you guys think of PWE?

]]> By: DAVID HATHAWAY http://www.stockgumshoe.com/2008/10/power-up-your-portfolio-with-energy-elliott-gue.html/comment-page-1#comment-5556 DAVID HATHAWAY Thu, 02 Oct 2008 01:56:00 +0000 http://www.stockgumshoe.com/?p=622#comment-5556 asafp Why label yourself a cynic in this case - when you are dead on right. I see that as intelligent. It took me a while to understand but when "deep throat" said "follow the money" it was not only the key to Watergate but to all corporate and political life. David asafp

Why label yourself a cynic in this case – when you are dead on right. I see that as intelligent.
It took me a while to understand but when “deep
throat” said “follow the money” it was not only the key to Watergate but to all corporate and political life.

David

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