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Permian Basin Royalty Trust Message Board

  • swingtrade2009 swingtrade2009 Nov 13, 2012 2:31 PM Flag

    valuation

    PBT is now washed out and trading at a very attractive valuation.People throw baby along with bath water.In one year this has a potential to be giving me a 40% appreciation plus.The PE ratio is low.The company has new exploration wells that are going to be super productive.
    The yield of 8% plus,hedge against Middle East crisis,future energy shock,inflation and domestic oil and gas are my thesis.I also bought BPT.
    The 5 million bucks for Conoca Philips is already set aside.I am a buyer with a three year hold.
    Wish all of you a very happy Thanksgiving.

    Sentiment: Strong Buy

 
PBT
6.67-0.34(-4.85%)Jul 31 4:02 PMEDT