owned by the fund appears to make this quite undervalued with an 8%+ dividend paid out monthly.
The funds within the PCEF portfolio appear to have a further 10% (or +) discount from net asset value.
==Record quarterly revenues of $263.8 million vs. prior year of $182.1 million - up 45%!
== Record quarterly earnings per share of $1.64 vs. prior year of $0.97 - up 69%!
== Record quarterly adjusted EBITDA of $72.0 million vs. prior year of $47.6 million - up 51%!
==Record quarterly railcar shipments of 2,668 vs. prior year of 1,610 - up 66%!
+ARI's backlog as of March 31, 2015 was 10,471 railcars with an estimated value of $1.1 billion!
When does a stock drop so much after they beat earning estimates by 8 cents and missed revenue estimates by 0.6%.
The average money market rates are .34%. The 5-year CD is 1.47%. The 30 year bond is 3%. AND CNP IS PAYING 4.7% WITH THE PROSPECT OF RAISING DIVIDENDS IN THE FUTURE.
$1,00 to 1.10. This is another market overreaction. The dividend is now 4.7 percent.
ET Plus® System has passing all eight Federal Highway Administration requested crash tests.
Do they believe that every text was bogus?