Post by
Lyburnum on Sep 15, 2022 10:42am
back to a normal range
Like I said, and today`s jump is confirming my hunch, this should be trading between 4.50 and 5.50 medium-term. Insiders are starting to buy again and the yield is just too interesting to ignore. Growth potential is significant and a acquisition bid could be imminent.
Comment by
ELKInvestor on Sep 15, 2022 4:00pm
I dont know about insiders... this is okay for a risk play. But a stock like TNT.INO is paying 9.80% dividend, and in a subjective state, has a better balanace sheet and tenant list. With no risky Euro exposure at the moment.
Comment by
Retiredvini on Sep 15, 2022 7:39pm
What? tnt Is twice the price to book of inovalis... where is your balance sheet bs heading? Inovalis in the actual currency is half the price to book and pAying us dividend to wait for price to go back to price to book... opportunity, not risky income like ur tnt fully valued you are not an investor, you need a savings account
Comment by
ELKInvestor on Sep 15, 2022 4:02pm
Lyburnum, are you saying you have covered your short and now converted to a long? It's crafty playing that sort of move. I'm in a TFSA so no shorting for me.
Comment by
flamingogold on Sep 15, 2022 8:47pm
You also said you would buy back after a second divy cut. You change your mind and buy back? https://stockhouse.com/companies/bullboard?symbol=t.ino.un&postid=34949111
Comment by
Lyburnum on Sep 16, 2022 9:09am
1) I had to sell because of a life event, if that was not the case I would not have sold 2) I own no short trading account 3) I have always been bullish 4) I think a dividend cut is likely, but not a 100% certainty - I will buy back regardless but I am waiting for news first.