here are some stocks mentioned in the past and their most recent earnings, from April 20 on....
TCK.b TCK
TECK RESOURCES LTD., earned $908 million this quarter compared to n $241 million a year earlier.
Earnings per share came in at 1.53 compared to .50 last year.
TCK.b which use to be a copper play gets 40% of earnings from met coal.
began paying a .20 cent div every 6 months, not as good as it use to be, but it will continue to grow, and very good considering the company risked going to zero in 2009.
would rate the company a hold it broke 40, and seems weak in the short term...this european debt crisis...ect..might give a great buying chance in the future...may trade below 35 cdn.
ENCANA CORP. split itself in two, not really sure why but made some bankers money...anyways now a pure natural gas play
this quarter made .56 compared to .72, made gains from hedging and the lower earnings came from the weaker natural gas prices.
cash flow fell from 1.83 to 1.57
the price they got for their gas fell from 6.14 compared to 7.22 last year.
ECA has hedged 60% at 6.01, 30% of production in 2011 at 6.52 and 30% 2010 at 6.46.
not a bad story but need stronger natural gas prices, do not see anything great in the short term. will look at it in August...a 20% pullback would also be of interest.
TORONTO-DOMINION BANK, $76.80, Toronto symbol TD, is buying three insolvent banks in Florida from U.S. banking regulators.
TD did not reveal the purchase price, but these banks have a combined $3.8 billion of assets, including $2.1 billion of loans (all amounts except share price in U.S. dollars). To put these figures in context, TD had total assets of $567.4 billion (Canadian) on January 31, 2010.
Despite Florida's slow economy and weak housing market, this purchase poses little risk to TD. That's because U.S. regulators have agreed to cover at least half of any of the Florida banks' future loan losses.
TD also owns 45.1% of TD Ameritrade Holding Corp. (Nasdaq symbol AMTD). TD Ameritrade is the third-largest online-brokerage firm (by client assets) in the U.S.
This week, the bank announced that Ameritrade will contribute $56 million to its earnings in its 2010 second quarter, which ends April 30. That's up 16.7% from $48 million a year earlier. TD earned $1.4 billion, or $1.60 a share, in the three months ended January 31, 2010.
The markets sold off today, Greece is in trouble and probably will have to default on all or a large part of the debt. heard an interview with a greek protestor angry that she paid 25% in taxes...wow...after doing my taxes that sounds good to me...
anyways Greece is a small problem the real worry is spain, portuagal, ireland, and outside chance UK....
anyways it is not all doom and gloom, sometimes by throwing money at the problem (in most cases down the sewer), they will be able to buy time....and in this case time is good.
I am neutral on the markets, my biggest account I have all cash, but have it full of options that are both long and short....all of the options are for june, july, aug...so short term in nature.
do not get paid enough to go longer.
in my other two smaller accounts, net long, though have covered calls on most positions.
in the summer will add more stock positons.
also have a drip/spp account but do not trade that, just buy more stocks on weakness.
thanks
selkirk
TCK.b TCK
TECK RESOURCES LTD., earned $908 million this quarter compared to n $241 million a year earlier.
Earnings per share came in at 1.53 compared to .50 last year.
TCK.b which use to be a copper play gets 40% of earnings from met coal.
began paying a .20 cent div every 6 months, not as good as it use to be, but it will continue to grow, and very good considering the company risked going to zero in 2009.
would rate the company a hold it broke 40, and seems weak in the short term...this european debt crisis...ect..might give a great buying chance in the future...may trade below 35 cdn.
ENCANA CORP. split itself in two, not really sure why but made some bankers money...anyways now a pure natural gas play
this quarter made .56 compared to .72, made gains from hedging and the lower earnings came from the weaker natural gas prices.
cash flow fell from 1.83 to 1.57
the price they got for their gas fell from 6.14 compared to 7.22 last year.
ECA has hedged 60% at 6.01, 30% of production in 2011 at 6.52 and 30% 2010 at 6.46.
not a bad story but need stronger natural gas prices, do not see anything great in the short term. will look at it in August...a 20% pullback would also be of interest.
TORONTO-DOMINION BANK, $76.80, Toronto symbol TD, is buying three insolvent banks in Florida from U.S. banking regulators.
TD did not reveal the purchase price, but these banks have a combined $3.8 billion of assets, including $2.1 billion of loans (all amounts except share price in U.S. dollars). To put these figures in context, TD had total assets of $567.4 billion (Canadian) on January 31, 2010.
Despite Florida's slow economy and weak housing market, this purchase poses little risk to TD. That's because U.S. regulators have agreed to cover at least half of any of the Florida banks' future loan losses.
TD also owns 45.1% of TD Ameritrade Holding Corp. (Nasdaq symbol AMTD). TD Ameritrade is the third-largest online-brokerage firm (by client assets) in the U.S.
This week, the bank announced that Ameritrade will contribute $56 million to its earnings in its 2010 second quarter, which ends April 30. That's up 16.7% from $48 million a year earlier. TD earned $1.4 billion, or $1.60 a share, in the three months ended January 31, 2010.
The markets sold off today, Greece is in trouble and probably will have to default on all or a large part of the debt. heard an interview with a greek protestor angry that she paid 25% in taxes...wow...after doing my taxes that sounds good to me...
anyways Greece is a small problem the real worry is spain, portuagal, ireland, and outside chance UK....
anyways it is not all doom and gloom, sometimes by throwing money at the problem (in most cases down the sewer), they will be able to buy time....and in this case time is good.
I am neutral on the markets, my biggest account I have all cash, but have it full of options that are both long and short....all of the options are for june, july, aug...so short term in nature.
do not get paid enough to go longer.
in my other two smaller accounts, net long, though have covered calls on most positions.
in the summer will add more stock positons.
also have a drip/spp account but do not trade that, just buy more stocks on weakness.
thanks
selkirk
