Data Group Income Fund is in a severe sell off
The yield on distributions is now at 21.1% which for a microcap company is indicative of the risk you have to assume if you are going to continue to hold these units.
The yield on distributions is now at 21.1% which for a microcap company is indicative of the risk you have to assume if you are going to continue to hold these units.
What I can tell you is that if KRO breaks above $20.00 it can run to $22.00 without a lot of resistance.
The stock has been selling off since May of 2011 and has a lot of work to do to get back on the right track.
DGI.UN is a micro cap company operating in the specialty printing business offering what would have to be seen as a very generous yield. Both of these factors indicate a higher risk profile.
As long as the company can continue to roll up players in the cleaning and maintenance space the stock looks like it has more room to grow.
At this point it looks like AC.B will have to retest support at $2.00.
The fact that their management team found a way to increase their distributions to unit holders is a tribute to their inventiveness and creativity. Those factors alone should give you some comfort as the the long term prospects for this trust.