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Bullboard - Stock Discussion Forum Power Corp. Of Canada (Sub Voting) T.POW

Alternate Symbol(s):  T.POW.P.C | T.POW.P.D | T.POW.P.E | T.POW.P.G | PWCDF | T.POW.P.A | T.POW.P.B

Incorporated in 1925, Power Corp. of Canada is a diversified holding company with interests in financial services, communications, and other business sectors through its controlling interests in Power Financial. Power Financial in turn holds controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and Pargesa (a holding company with interests in European companies). Power Corp. bought out the remaining shares of Power Financial in February 2020.

The Market Herald Price Sensitive
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Power Dividend near 6%

https://www.bnnbloomberg.ca/stock/POW:CT  rate and reply

Deux dirigeants (initiés) achètent du POW (La Presse)

https://www.lapresse.ca/affaires/marches/2022-06-24/transactions-d-inities/deux-dirigeants-achetent-des-actions-de-power.php  rate and reply

Recession

Unless energy prices come under control (which they are not) recession is almost a certain. Cashed out today. GLTA   rate and reply

FYI: Scotiabank Comments ;>O

Scotiabank on Diversified Financials -- Power Financial 02:31 PM EDT, 05/24/2022 (MT Newswires) -- Power Financial was up by 1.1% over the last week driven by a ~1% increase in NAV while its...read more

U S markets

All financials are up (including banks) However, insurance companies are just as strong with no exposure to real estate (i.e. Metlife up 3.30%) Safer investment IMHO  rate and reply

Buying volume

Very heavy buying into the close Tuesday will be interesting. GLTA  rate and reply

Commodities

Weakness in most commodities exept oil ( the major source of inflation ) Unfortunately, the only solution is to raise rates. US dollar will stengthen and cause a mild recession. Avoid anything related...read more

Congratulations

Nice to see common sense prevailed. One of the few stocks in positive territory today. Stay long and prosper. GLTA  rate and reply

Similarity

IGM financial also up for the same reason. GLTA  rate and reply

RE:RE:RE:RE:Insurance companies VS Banks

Banks have exposure to mortgage rates going higher and possible defaults were POW does not. That is wwhy i'm avoiding the banks. GLTA  rate and reply

Next week

Fed and BOC indicate higher rates. Possibly even 0.75% hike by the Fed. GLTA  rate and reply

Rally

Yes. Common sense investing iis better than hope. GLTA  rate and reply

RE:Sellers

Market down because they know Central banks in Canada and US will have to raise rates to stem inflation. GLTA  rate and reply

Warren Buffet

Easiest way to make money is to buy when others sell out of fear. I agree with him. GLTA  rate and reply

RE:TESLA

Down over 8%. and ARKK down over 4%. So sad.  rate and reply

Sellers

Short sighted. Inflation is still a huge problem. BOC and Feds will have to increase rates ort lose credibility. GLTA  rate and reply

Buying again

Rates are down a bit today but if they were sustainable REITS should be soaring buy their not. US housing stocks and lumber are falling. GLTA  rate and reply

TESLA

Poorer Elon going down again. He bit off more than even he could chew buying Twitter.  rate and reply

ARKK

Poor Cathy Woods. Investing in unprofitable companies is sinking again. I only invest in profitable companies with low P/E and strong dividends. GLTA.  rate and reply

Bonds

Yes. Bond yields are rising again. Strong buy IMHO. This morning indicates how cheap this is. Shorts will have to cover eventually. GLTA  rate and reply