Q: Your general opinion, and does SOBO have much in U.S. operations?
5i Research Answer:
SOBO does have extensive US facilities. We like the stock, though we would have preferred a lower yield to begin with, so that it can be raised. But it seems well-managed, and priced well. Until it reports more public numbers, it will likely trade on its income/yield, but with rates moving down this should be a positive influence. We would be comfortable owning it today.