The confusion arises because there are 2 ways to compute the %: as a % of n.a.v or as a % of assets. Assets includes debt so the energy % is roughly half of what it is as a % of n.av. Whether or not utilities is included is another source of a difference, but the n.a.v. vs. assets is the key.
The higher number takes the leverage into account. In other words oil may be about 8% of the portfolio which includes debt, but if the oil investments went to 0, the nav would go down 17%. It works in reverse when the oil investments recover.
"give us optimism that 4th quarter financial performance will meet or surpass the then record financial performance posted by the Company in 2014. Of course, with approximately one month to go before final 4th quarter results are in, we cannot predict the quarter’s outcome." a
I read at as referring to Q4 and the expectation is that Q4 of 2015 will beat (or at least meet) Q4 of 2014 which was he best Q4 ever as of that time. Presumably, this refers to both revenues and earnings, presumably both total earnings and earnings per share.
Flug bought another 10K on Monday ( up to141K shares) and director Samuel Katz reported buying 5K+ on Friday. and now owns 169K shares. The combination of these buys is a very healthy sign. The old adage that there are many reasons for selling a stock but only one reason for buying, has some truth to it. I bought more this morning at 6.715.