Trace Mayer

Canadian Energy Trusts Look Cheap: Harvest Is Well Positioned

Good issues Larry. I still think HTE is a good value even with these issues though. For the particularly cautious the put strategy I suggest would help mitigate more potential downside. With $3B in tax pools will shield a lot of income which may go out towards their RLI. Harvest is unique because of North Atlantic so crack spreads which are bound to turn around eventually will play a role.

Given the political pain the canroys seem to cause, the decreased energy prices and the fractured Canadian government do you think there is any chance of the tax proposals getting shelved?


On Dec 12 10:33 AM Larry Bellehumeur wrote:

> Good article in theory, but you missed way too many key points.

>

Canadian Energy Trusts Look Cheap: Harvest Is Well Positioned

LOL. I have thick skin and good ear flaps like a camel. I have nothing against PWE it is just that this article was about HTE.


On Dec 12 06:35 AM paultaut wrote:

> Thank you very much. Now wait for the diatribe from the PWE crowd.
> IMHO