posted June 29, 2022 04:32 pm by laurencelefou
(84)
Looking at the latest Financial Statements, there is a good possibility that Westbond will realize at least $12,000,000 in revenues for FY ended March 2023. If Westbond maintains a margin of 15%
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posted June 01, 2022 02:16 pm by laurencelefou
(84)
Nice to see the share price above $0.30. Past few days, the volume has been above average.
rate and reply
posted May 27, 2022 02:33 pm by mba123ccu
(80)
WestBond Sets Quarterly Dividend Record and Payment Dates Nice. Is this an indication that the quarterly results are good? Hope so.
rate and reply
posted March 30, 2022 08:17 am by scarface9
(13)
For learning about preferreds, I'd say this link is the best. https://canadianpreferredshares.ca/list-of-rate-reset-preferred-shares-canada/ There another couple of links in blue in the
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posted March 29, 2022 09:13 pm by JayBanks
(176)
Are there ways to find out when rate resets are coming up? I see debentures all the time with my bigger companies and seems like they like to issue new series with 3+ years timeline and call in the
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posted March 29, 2022 07:28 pm by scarface9
(13)
Preferreds trade like regular stocks, but their dividend rate resets (usually every 5 years) It's affected by interest rates, so you hope rates go up before the reset date. Debentures are
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posted March 29, 2022 06:24 pm by JayBanks
(176)
Do preferreds trade similar to debentures? I've been learning about them a bit. I just got informed to watch conversion prices on debentures, which I never thought about, I just looked at them as
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posted March 29, 2022 04:22 pm by scarface9
(13)
I think there was some luck on the preferreds. On the other hand, they were grossly undervalued by the market. For example, if a company wanted to cancel out/redeem their preferred shares, they have
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posted March 29, 2022 03:33 pm by JayBanks
(176)
Yea I get caught fairly often filling small partial buys and sells when playing with low volume names. I don't know much about preferreds other than they are first to get paid if there
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posted March 29, 2022 12:41 pm by scarface9
(13)
I've had partial filled orders on buy and sell side too. Can be a pain. I'm actually still holding a few hundred shares of a company I tried to unload years ago before it's share price
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posted March 29, 2022 10:46 am by JayBanks
(176)
Usually the plan is for a full exit unless I'm selling to pay for something which is rare. If I'm selling I've had plan change or achieved a goal. But I've had messy exits
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posted March 29, 2022 07:28 am by scarface9
(13)
Do you ever hold a core position and just sell some for profits, or you always fully exit when you sell? You ever buy preferred shares? There's a couple good yielders out there if your after 8%.
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posted March 28, 2022 10:15 pm by JayBanks
(176)
SPB is a more stable company I'd feel comfort in, I've had and have a couple of those and this has been in and outta my radar but I've always tended to be looking at it when it's
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posted March 28, 2022 08:58 pm by scarface9
(13)
No problem. I ended up buying SPB and they announced a PP right after I did. I couldn't have timed that any worse. Oh well, I'm in for the long term but it'd have been nice to have gotten
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posted March 28, 2022 07:11 pm by JayBanks
(176)
Sorry for a delay, I forgot to bounce in here. I don't know much about GH or the tech, gaming or gambling sectors so I'm not a good/credible opinion on this, the divided yeild
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posted March 21, 2022 02:25 pm by scarface9
(13)
You've touched on a concern I have. If someone decided to take them out at this low price I lose even with whatever premium would be offered. I'm down 50% based on today's price, very
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posted March 21, 2022 01:36 pm by JayBanks
(176)
I like to usually throw 2-3k at these underfollowed but interesting plays myself unless I have real conviction and I do a 5-10k, currently I have 3k here but If I can free up more I'd be
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posted March 21, 2022 01:07 pm by scarface9
(13)
Yeah, I was just blowing off some steam. It's actually amazing. My portfolio has risen in value despite how bad this and one other stock I own have been performing. I thought with the divy
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posted March 21, 2022 10:18 am by JayBanks
(176)
LoL with what money? They have a market cap of 11.4 million, they generated 218,000 in profits last quarter, they are paying us out about 180,000 of those that and while paying down a debt
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