Post by
bossu on Jan 12, 2021 2:35pm
Is it not a BO
We have not been at that level for sometimes.
9 green days in a row !
Does not hurt !
Yield now look more reasonable at 7,5 % and the investors enjoy a very good and stable dividend with a very good share appreciation.
Comment by
sherry532 on Jan 13, 2021 9:04pm
I agree but their debt load is a cause for concern which their CEO also admitted in last conf call. He also admitted that Canexus take over was expensive. As I was overweight, sold most of my holdings. Sill holding quite a few. They are unable to sell their assets put out for sale.
Comment by
sherry532 on Jan 14, 2021 11:08am
Sorry, wrong board. I meant CHE.UN
Comment by
fishcarrier on Jan 15, 2021 4:32pm
I agree with you. Debt is high. It's not so bad in this low interest environment, but if and when interest rates rise - and they surely will - the problem is indeed a Problem. Maybe if oil stays high this year and they can charge a little more, it will be bearable. The divvy is so neat though. Holding some, not a lot.