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Dundee Corp T.DC.A

Alternate Symbol(s):  DDEJF | T.DC.P.B | DNDEF | T.DC.P.D | DNDPF

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include Corporate and Other Portfolio Holdings; Goodman & Company, Investment Counsel Inc.; Dundee Sustainable Technologies Inc.; United Hydrocarbon International Corp., and Dundee 360 Real Estate Corporation. Corporate and Other Portfolio Holdings segment invests in public and private equity and debt securities in diversified industry segments. Goodman & Company, Investment Counsel Inc. includes the activities of Dundee Global Investment Management Inc. Dundee Sustainable Technologies Inc., a 78%-owned subsidiary developing patented sustainable precious and base metals extraction processes. United Hydrocarbon International Corp., an 84%-owned private subsidiary engaged in oil and gas exploration through the holding of a royalty interest in the Republic of Chad.


TSX:DC.A - Post by User

Comment by dangoodon Nov 26, 2020 2:57am
118 Views
Post# 31976520

RE:RE:RE:Everyone has an opinion that’s great

RE:RE:RE:Everyone has an opinion that’s greatThe book value I got from TD Waterhouse which likely isn't accurate but the idea is still the same. I think Dundee is taking advantage of undervalued shares and this is a common theme with EL Financial and AGF.B also doing substantial issuer bids recently at less than 1/2 of book. If any of these companies were well run and paid reasonable dividends the shares would not be as cheap as they are. If these companies have extra cash they should give if to me as a shareholder. I am being sarcastic with respect to "accretive to shareholders" as this is Dundee's phrase which means value is added to remaining shareholders if shares are purchased below book. Dividends would be fairer in providing money to all shareholders. If someone bought out all of Dundee they would be paying closer to book and a fair value calculation would be necessary. In this case no.
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