I currently own pipeline stocks ie: Pembina/TRP/Interpipeline/Enbridge/ENF but got rid of all the oil stock a long time ago. I am looking at Arc Energy
which is about$14.50 and Crescent Point at under 10 bucks. What are the thoughts out there on these two, we collected a lot of dividends on them over the years and I see Arc's dividend is about 4.4. not bad even if we have to wait for awhile, does anyone see any growth. Any comments
What did you Buy? What might you buy? (2017)
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Re: What did you Buy? What might you buy? (2017)
Bought 313 shares of TD.PF.C @ 22.95. This is a rate-reset preferred. My yield-on-cost will be about 4%. I believe Mr. (US) Market is overheating now and may experience a bit of a pullback in the near- to mid-term. This may eventually lead lead to a mild flight to safety. Of course, there's the possibility of eventual CDN rate increases and/or the shares being called. Reset date is 2020.
Re: What did you Buy? What might you buy? (2017)
I don't think that pref will get called since it is a 225bp low spread reset....unless GoC5 rates get close to the 3% range. Mind you, I would love to see at least 2.5% GoC5 rates in 2019/2020 since I have a few prefs that reset in that window of time. Long ways to go to get there.
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Re: What did you Buy? What might you buy? (2017)
Bought some WEED today when it made a new high. ($21.98)
Last couple days price action suggested it might breakout for another run.
Will exit if 3ma drops below the 8ma and continues to drop.
Less than 1% of portfolio at risk.
Last couple days price action suggested it might breakout for another run.
Will exit if 3ma drops below the 8ma and continues to drop.
Less than 1% of portfolio at risk.
"And the days that I keep my gratitude higher than my expectations, well, I have really good days" RW Hubbard
Re: What did you Buy? What might you buy? (2017)
I bought a 10k position in CM. I was impressed with the earnings it is getting from it's US acquisition. Something like 18% of earnings and strong guidance of growth in 2018. Just may-be this bank is starting to making the right moves.
Re: What did you Buy? What might you buy? (2017)
Added to GCAP at $8.5. Price finally moving. This is a real, profitable and established company, unlike all the craziness we have seen in the crypto space lately.
Re: What did you Buy? What might you buy? (2017)
Bought ROBO, a ETF of robotic and automation related companies. This is my only tech related holding.
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Re: What did you Buy? What might you buy? (2017)
Am now fishing for 500 CNR, after selling 500 ENB today after a 6 week hold with a tidy profit. Earlier posts on an ENB thread hopefully explain the turnaround. Cheers, and may our collective prosperity continue through 2018