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Tekla Life Sciences Investors Message Board

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  • yando1946 yando1946 Dec 24, 2009 4:24 PM Flag

    Would like advice on HQL investment now

    The majority of folks who bought this in the past bought it for the divy as Idid with some hope of capital gains. There is nodivy and there is no sign that it is returning in a hurry. Do you have a link to the article you are referring to?

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    • The 10% annual div. was halted because hql appreciation rate would not cover it, so you would be paying taxes thus taking a loss on your shares.

      In trying to boost the nav which has been trading around a 20% discount they are buying back 5% of the outstanding shares that has had little impact.

      I have several thousand shares and believe at some point the nav discount will be reduced by market forces and also the bio tech is a very good investment. I also think the mgt. is very good.

    • Thanks for the info. I do not have a link, only a long, printed article that contained the recommendation. The newsletter is called Sound Advice. It's a subscription deal. Don't know if it's online or not. A friend has been passing it to me for years. The author emphasizes that HQL is a long-term,high risk/high reward investment Says they have made money twice with it, starting in the mid-1990s, and suggest that now is another good time to get in. So you veterans might see a little movement. Who knows? I have a little play money and think i'll put it here.

 
HQL
27.50-1.00(-3.51%)Jun 29 4:02 PMEDT