PRT Keeps Its Focus

Article Excerpt

PRT FOREST REGENERATION INCOME FUND $8.79 (Toronto symbol PRT.UN; SI Rating: Speculative) (250-381-1404; www.prtgroup.com; Shares outstanding: 9.6 million; Market cap: $84.4 million) will continue to focus on internal growth and targeted acquisitions within the forest seedling industry. That’s after unitholders voted 59% in favor of supporting the current trustees and board in a dispute over the future direction of the trust. PRT is the largest producer of container grown forest seedlings in North America. It operates 15 nurseries, and expects to manage over 200 million seedlings in 2007. PRT Forest is now a buy. buy…