Enterprising Investor Forum

Entering the market Friday, November 16, 2007

The following months are going to continue to be volatile and – as our readers know – we do not recommend trying to call the market. Having said this and following on from yesterday’s article, we feel that it is time to start to take advantage of some interesting opportunities.

Would be interested if we told you that you could buy shares in a solid business trading with a P/E ratio of 3.57, excellent financials and paying over 9% divided yield? Well you can, take a look at Precision Drilling Trust (PDS).

This is the first company in a new portfolio that we will start to assemble using the buying in thirds methodology.

Please read the following links to see what we think of PDS:

• June post – first introduction: link.
• September post – screening for best-in-class: link.

Please read our disclaimer.