longlake95

continuing to nibble at SNC.TO

It's a shame that several top execs took something like 20M pounds in comp over the last 5 years, while Thomas Cook was floundering. It's been in bad shape for several years. Another sad case of weak corporate governance - shareholders, the people who own the business, should have more say on pay. I have no problem with managements making big $$$, if the business does well - sounds crazy I know. LOL https://globalnews.ca/news/5944313/thomas-cook-bosses-salaries/

A great All American and pioneer for shareholder rights. https://image.cnbcfm.com/api/v1/image/104871793-20041218--2524.jpg?v=1529476904&w=630&h=354

Do you all think this rotation has legs? Who is buying?They have hated value for 10 years - why now?

A 25% add to BERY

Added to BERY, KMI. Starting position in SNC.TO

A couple of nights in Toronto, then wine country along with Niagara falls. Then Muskoka - cottage Country for a couple of nights. Stay longer...we need your tourism $$$. Enjoy your stay!

What’s the definition of a mine: a hole in the ground with 2 liars at the top. LOL.

Would you mind explaining your logic in purchasing these particular preferred shares? Sure, basically its a parking place for cash with a fat yield - with low correlation to the market. When lower equity prices arrive I will move out of the prefs into equities. I like these prefs because the are fixed not floaters.

I’ve been adding to BPO.PR.P I also own AZP.PR.A

LNR

Linamar - LNR

Barrie, Ontario, Canada (1 hour north of Toronto)

I have, and continue to receive significant value from the investment discussions on this board. It’s truly one of a kind. However, I’m not a fan of the political threads - and that’s putting it mildly. Let’s keep it investment related. If you’re that passionate about politics, write on a political message board. My 1 cent LL

"a pile of turds with raisins in it, is still a pile of turds" Charlie Munger ;D

more AZP.PR.A

BPO.PR.P

I use the Webull app on my tablet and phone. works well. LL

i'm looking hard at TA.PR.H series E. I was in the G's. But i like the E's.

KMI

Thanks stubble, i’ve owned FFH in the past and not really up to speed. Thanks for the colour. More reading to do.

anyone buying FFH prefs after this sell off. Good parking place for cash. http://quote.morningstar.ca/quicktakes/Stock/s_ca.aspx?t=FFH.PR.K&region=CAN&culture=en-CA

I use 8-11 depending on the business and durability of the cash flows, but have learned over time not to focus too much on the discount rate. It's getting the cash flows right that matters. If using 9% instead of 10% makes a difference for me investing, then the value is too close. I'll move on.

Agreed. There is a lot of value to this community if value oriented investors. Let’s stick to finding the next great investment :)

more KMI