Q: It looks like NVA has performed well over the past few months and is now reaching a point where upside based on valuation may be a bit limited, (barring a surge in oil prices). Anything you see, other than TVE and WCP which I already own, that might have greater upside? Am I wrong in my assessment?
Thanks.
Thanks.
5i Research Answer:
NVA is very cheap and acting well, and in such cases we would be less inclined to sell. Of course, in the sector there is going to be volatility, but we would not consider it a SELL today. We would be quite comfortable with a combination of TVE?WCP/NVA. We continue to like TOU and it has lagged a bit.