will make a list of new lows, some of the stocks I watch on a daily basis hit new lows, especially in the morning, when you wonder if something happened to the company...
(note the times have done these lists they have done good, except for the last time, there was some small gains, but they were wiped out and then by even a sharper downturn, starting last monday. will update that one to..)
1. RCI.b (cnd) RCI (US) $1 div 2.86% pe 19
Roger Com, is the number one wireless and cable company in Canada, they also have media assets and the blue jays. though this is a play on cable and wirless.
they are a cash flow machine, raising their dividend on an annual basis, and paying down large amount of debt.
disadvantage: more competitors in the wirless will appear, so profit margins probably do not grow, still they are the clear leaders.
new low: traded as low as 30.26, thought it was good value at 34.
closed 34.96 should trade in a range of 28-46. would look at slowly buying around 30-32.cnd.
2. AGU Agrium high 116.15 36 pe 6.18 .28yield
there was a time, like 8-12 months ago that the market would give AGU, POT and Mossaic a 12-15 forward multiple on earnings, people had to eat and there was a food and grain shortage.
now the economy is so bad no one has to eat. was always worried over a 10X multiple on the stock, remember in the late 90s when no one cared about the stock when it was trading at a 7X.
maybe this is one of those times, however this stock is the biggest retailer in the US fertilizer market, and US farmers will still be plantning as much as last year.... there is rumour people have to eat.
low : it hit $36, yes and the company earnings should stay flat or grow,
have traded around AGU, have bought some, this is a very volatile stock, so have stops in place or build a position slowly.
FTS Fortis 4.39% $1 div 15.41 PE
is a utility in Canada, and is extremely well run...and if you heat your home in Newfoundland or BC, natural gas probably guess who gets paid.
very well run company and a utility bought buy many long term investors, not to exiting.
low : hit 21.30, closed 22.80.
note bought some at 22, and have 22, and 24 dollar puts on the stock oct. my avg. cost will be 22.20 if put to me.
this is a good long term stock that will yield me over 4% yield, and will increase their dividend over time.... not the most exciting stock (hopefully). one do not mind owning.
thanks
selkirk
(note the times have done these lists they have done good, except for the last time, there was some small gains, but they were wiped out and then by even a sharper downturn, starting last monday. will update that one to..)
1. RCI.b (cnd) RCI (US) $1 div 2.86% pe 19
Roger Com, is the number one wireless and cable company in Canada, they also have media assets and the blue jays. though this is a play on cable and wirless.
they are a cash flow machine, raising their dividend on an annual basis, and paying down large amount of debt.
disadvantage: more competitors in the wirless will appear, so profit margins probably do not grow, still they are the clear leaders.
new low: traded as low as 30.26, thought it was good value at 34.
closed 34.96 should trade in a range of 28-46. would look at slowly buying around 30-32.cnd.
2. AGU Agrium high 116.15 36 pe 6.18 .28yield
there was a time, like 8-12 months ago that the market would give AGU, POT and Mossaic a 12-15 forward multiple on earnings, people had to eat and there was a food and grain shortage.
now the economy is so bad no one has to eat. was always worried over a 10X multiple on the stock, remember in the late 90s when no one cared about the stock when it was trading at a 7X.
maybe this is one of those times, however this stock is the biggest retailer in the US fertilizer market, and US farmers will still be plantning as much as last year.... there is rumour people have to eat.
low : it hit $36, yes and the company earnings should stay flat or grow,
have traded around AGU, have bought some, this is a very volatile stock, so have stops in place or build a position slowly.
FTS Fortis 4.39% $1 div 15.41 PE
is a utility in Canada, and is extremely well run...and if you heat your home in Newfoundland or BC, natural gas probably guess who gets paid.
very well run company and a utility bought buy many long term investors, not to exiting.
low : hit 21.30, closed 22.80.
note bought some at 22, and have 22, and 24 dollar puts on the stock oct. my avg. cost will be 22.20 if put to me.
this is a good long term stock that will yield me over 4% yield, and will increase their dividend over time.... not the most exciting stock (hopefully). one do not mind owning.
thanks
selkirk
