TOL-N -2.47 NOG-N -0.15 CPA-N 0.46 PBH-T 0.25 BEP.UN-T 0.62 NFI-T 0.11 SII-T 1.61
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Kevin Hall BComm, CFA AFT Income Fund AFT.UN-T DON'T BUY Sep 24, 2004

Had to cut distributions by about 50% due to increased competition and higher costs. Had margin pressures.
Kevin Hall BComm, CFAKevin Hall BComm, CFA
Unknown
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$5.990

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DON'T BUY

AFT Income Fund(AFT.UN-T)

Oct 07, 2004
Announced some very disappointing results because of currency competitive pressures.
Leslie LundquistLeslie Lundquist
No
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$5.400

Stock price when the opinion was issued

investment companies funds
DON'T BUY

AFT Income Fund(AFT.UN-T)

Oct 08, 2004
Strong Cdn$ and very strong competition and strong stainless steel costs affected the price and are still in place.
Greg GuichonGreg Guichon
Unknown
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$5.400

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investment companies funds
DON'T BUY

AFT Income Fund(AFT.UN-T)

May 06, 2005
Historically enjoyed high margins, 27/28% EBITDA margins. Came under a lot of competitive pressure in 2004. Margins are now around 20%. Expect there will be more distribution cuts.
Kevin Hall BComm, CFAKevin Hall BComm, CFA
No
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$3.660

Stock price when the opinion was issued

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