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Canadian Investing / Canada (General)


Subject:  Any opinions on Pengrowth Date:  12/10/2012  12:39 PM
Author:  UnkaBob Number:  63114 of 64608

I have always considered this trust/company to be too pricy for me while my brother considered it a cash-cow over the last twenty years. He asked my opinion on it when the price hit $7.00 and I have been following it since then.
I have a basket full of losers in the oil-patch (don't ask about Perpetual)but this may be the way establish a steady income at $5.80 per share. The bargains will end at Christmas or it is just part way down.

Any opinions would be appreciated.

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