Clean Power Income Fund

CLE.UN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about CLE.UN-T

Signal
Opinion
Expert
HOLD
HOLD
April 16, 2007
In the middle of a takeover battle for them. If you own, you are sitting in the driver's seat.
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In the middle of a takeover battle for them. If you own, you are sitting in the driver's seat.
DON'T BUY
DON'T BUY
May 19, 2006
Has a history of distributing more cash than what it actually earned. They have some good businesses that will be attractive to potential buyers down the road.
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Has a history of distributing more cash than what it actually earned. They have some good businesses that will be attractive to potential buyers down the road.
DON'T BUY
DON'T BUY
March 5, 2006
Clean Power Income Fund has had a checkered past with its distribution coverage. Wind is of interest to a certain class of investors that will pay over the top price to be green. He looks at wind as a unreliable source of energy. The long term viability has been problematic. The new genertors are much better, but it is not competitive without government subsidies.
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Clean Power Income Fund has had a checkered past with its distribution coverage. Wind is of interest to a certain class of investors that will pay over the top price to be green. He looks at wind as a unreliable source of energy. The long term viability has been problematic. The new genertors are much better, but it is not competitive without government subsidies.
WEAK BUY
WEAK BUY
March 1, 2006
Green energy and is a higher risk trust. Recommends only buying if there is a take over
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Green energy and is a higher risk trust. Recommends only buying if there is a take over
DON'T BUY
DON'T BUY
February 25, 2006
It has had a sketchy history to meet the expectations in cash flow and earnings. Right now having a difficult time earning the cash flow it is handing out. Concerned.
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It has had a sketchy history to meet the expectations in cash flow and earnings. Right now having a difficult time earning the cash flow it is handing out. Concerned.
DON'T BUY
DON'T BUY
December 23, 2005
Has been negative on this fund since inception. The underlying power assets are not a 30 year a power contract.
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Has been negative on this fund since inception. The underlying power assets are not a 30 year a power contract.
DON'T BUY
DON'T BUY
December 2, 2005
Have been staying away from the power and pipeline trusts because they tend to be more interest sensitive as more stable type of trusts. However, this one has not been stable. A high rate of distribution which is not a good sign.
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Have been staying away from the power and pipeline trusts because they tend to be more interest sensitive as more stable type of trusts. However, this one has not been stable. A high rate of distribution which is not a good sign.
DON'T BUY
DON'T BUY
October 21, 2005
A combination of hydro electric generation and biomass (basically burning scrap wood product). Hasn't fared terribly well in the market place recently as several of their hydro facilities they had low water levels. Also, the Quebec government changed the rules on tree harvesting. High payout ratio.
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A combination of hydro electric generation and biomass (basically burning scrap wood product). Hasn't fared terribly well in the market place recently as several of their hydro facilities they had low water levels. Also, the Quebec government changed the rules on tree harvesting. High payout ratio.
VAGUE
VAGUE
August 26, 2005
Not a name we participated in. Very little growth in the power side. Clean power is great for the environment, but is unpredictable.
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Not a name we participated in. Very little growth in the power side. Clean power is great for the environment, but is unpredictable.
VAGUE
VAGUE
June 10, 2005
Cut their distributions which is fairly rare for a utility trust. Had some production problems as well as exposure to the US$. Doesn't expect any sharp rebound to old distribution levels. Feels payout ratio is somewhat aggressive. Risk prone.
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Cut their distributions which is fairly rare for a utility trust. Had some production problems as well as exposure to the US$. Doesn't expect any sharp rebound to old distribution levels. Feels payout ratio is somewhat aggressive. Risk prone.
DON'T BUY
DON'T BUY
December 31, 2004
The embarrassment of the year in income trusts. Standard Poor ranked it as a very stable trust. A lot of the acquisitions they have made have not produced cash flow.
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The embarrassment of the year in income trusts. Standard Poor ranked it as a very stable trust. A lot of the acquisitions they have made have not produced cash flow.
DON'T BUY
DON'T BUY
November 19, 2004
Has dropped because of a 25% reduction in payout. Had been overpaying for some time. Not out of the woods yet.
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Has dropped because of a 25% reduction in payout. Had been overpaying for some time. Not out of the woods yet.
DON'T BUY
DON'T BUY
November 12, 2004
Cut distribution and reported a $5 million quarterly loss. Have been short in distributions the last 3/4 consecutive quarters in terms of cash generated. Acquisitions done at high valuations.
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Cut distribution and reported a $5 million quarterly loss. Have been short in distributions the last 3/4 consecutive quarters in terms of cash generated. Acquisitions done at high valuations.
DON'T BUY
DON'T BUY
July 15, 2004
A defensive trust. Not much growth built into them. Sensitive to interest rate increases. Also has an external management contract which he doesn't like.
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A defensive trust. Not much growth built into them. Sensitive to interest rate increases. Also has an external management contract which he doesn't like.
WEAK BUY
WEAK BUY
July 6, 2004
Power and pipeline trusts are badly affected by rising interest rates. Thinks the stock is probably OK.
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Power and pipeline trusts are badly affected by rising interest rates. Thinks the stock is probably OK.
DON'T BUY
DON'T BUY
April 28, 2004
The chart is a mess and can't give any proper technical opinion. Very volatile. Do not let it make a new low. There are also interest-rate issues.
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The chart is a mess and can't give any proper technical opinion. Very volatile. Do not let it make a new low. There are also interest-rate issues.
DON'T BUY
DON'T BUY
February 5, 2004
There are some risks. Does have investments in United States. Most of their income in generated form a chip burning plant. New wind powered stations. Higher level of risk.
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There are some risks. Does have investments in United States. Most of their income in generated form a chip burning plant. New wind powered stations. Higher level of risk.
BUY
BUY
January 21, 2004
A middle of the pack power trust. They haven't earned their distribution for the last three quarters. Expect them to start earning is by the middle of 2004.
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A middle of the pack power trust. They haven't earned their distribution for the last three quarters. Expect them to start earning is by the middle of 2004.
DON'T BUY
DON'T BUY
September 17, 2003
Trust is grown through acquisitions and they have to constantly issue equity to finance them. Increased interest rates have hurt. Woodchips are becoming a tight commodity for their western Alberta facility.
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Trust is grown through acquisitions and they have to constantly issue equity to finance them. Increased interest rates have hurt. Woodchips are becoming a tight commodity for their western Alberta facility.
DON'T BUY
DON'T BUY
May 22, 2003
Power trusts have been going down because of rising interest rates.
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Power trusts have been going down because of rising interest rates.
BUY
BUY
May 14, 2003
10% yield. Stable credit rating. Generates profits.
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10% yield. Stable credit rating. Generates profits.
DON'T BUY
DON'T BUY
December 9, 2002
Interest rate increase will put pressure on energy companies. Some risks in their pulp/paper division.
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Interest rate increase will put pressure on energy companies. Some risks in their pulp/paper division.
DON'T BUY
DON'T BUY
September 27, 2002
Current yield = 9%. Not comfortable with the alternative power sector.
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Current yield = 9%. Not comfortable with the alternative power sector.
Bill Shaw

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Price
$10.700
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
July 29, 2002
(Was a top pick Nov 14. Up 1.2%) Still likes. Yields 9.25%.
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(Was a top pick Nov 14. Up 1.2%) Still likes. Yields 9.25%.
WEAK BUY
WEAK BUY
April 22, 2002
Not sure how successful they will be over the long term. Nlot his first choice. Prefers Trans Canada Power.
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Not sure how successful they will be over the long term. Nlot his first choice. Prefers Trans Canada Power.
DON'T BUY
DON'T BUY
April 16, 2002
Sensitive to interest rates. Biomass plant asset has some problems. Also wind power is more volatile than oil/gas.
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Sensitive to interest rates. Biomass plant asset has some problems. Also wind power is more volatile than oil/gas.
Ben Cheng

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Price
$10.400
Owned
Unknown
BUY
BUY
A solid trust. Well managed.
DON'T BUY
DON'T BUY
January 18, 2002
Has long term contracts. 9% yield. Doubt if therre will be much growth.
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Has long term contracts. 9% yield. Doubt if therre will be much growth.
Bill Shaw

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Price
$10.700
Owned
Unknown
DON'T BUY
DON'T BUY
December 11, 2001
A new fund. Would wait to see how it works out.
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A new fund. Would wait to see how it works out.
Bill Shaw

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Price
$10.300
Owned
Unknown
DON'T BUY
DON'T BUY
December 3, 2001
Some risks involved with their contracts.
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Some risks involved with their contracts.
Ben Cheng

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Price
$10.130
Owned
Unknown
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