[What are you buying today?]

Bought more GDC.TO today...

Genesis is a land owner and home developer in Metro Calgary..

Calgary detached house price as well as the volume are bouncing back quickly..

 

https://www.creb.com/Housing_Statistics/Daily_Housing_Summary/?tab=2

 

 

[What are you buying today?]

Bought some preferred shares of Husky Energy: HSE.PR.A, HSE.PR.G; 9%+ dividend yield from a solid investment grade issuer;

Its ultra-long term (2037 maturity) bond trading at 5.4% YTM, so the credit spread is simply too large to ignore...

[What are you buying today?]

I am buying GDC.TO Genesis Land Development recently, a speculation on federal election..

[Chinese Go Private Transactions]

I played a lot this year: QIHU, HMIN, MR, DSKY, EFUT among others

now I hold nothing

the situation in China is NOT good now.

[Canadian Prefs]

For Transalta, the exchange will NOT succeed.

 

I am accumulating more TA.PR.D and TA.PR.E. The proposal reminds me of a recent exchange in Dundee's preferred. Their management has to sweeten the deal to make it though. We probably will see a at lease 25%+ capital gain with in 3-6 months here for D and E.

 

This would be my best idea for year 2017

 

Where are you, hedge funds and activist investors?