Paramount Resources Ltd T.POU

Buzz on the Bullboards: Three engaging TSX stocks with a holiday flavour

[Quintessential1]

Just to expand on this a little, with the share price dipping below $30 doesn't it make buy backs worth more now.  I wouldn't go as far to say half price but the $3 per share savings in

[WillyGreen]

Terrible legislation. Wasting money all over the place but ok to tax the entrepreneurs in Canada. Socialism at its worst. 

[Quintessential1]

I don't think the new captital gains inclusion rate is going to make it into law. https://www.theglobeandmail.com/investing/personal-finance/article-ottawa-has-yet-to-pass-the-law-to-raise-the

[MyHoneyPot]

I believe that POU has roughly 26-27 dollars a share currently in Cash and Equities, and other Land and Production assets. They also own the current infastrure at Willesden Green.  After the

[grumpyGramp01]

maybe with all that loot just waiting to be reinvested, POU can toss a boatload to CPS

[grumpyGramp01]

didnt see that comin,

[Moemoney42]

and 6 TRIPLES to make it all happen with cost controls that come with OWNING them..!!

[PabloLafortune]

Company owned and operated infrastructure...

[Moemoney42]

And talk about hitting the ground running.. this runway looks REALLY IMPRESSIVE..!! Following closing of the transaction and payment of the special distribution, Paramount will have:  

[Moemoney42]

Special divi beats my prediction of $13.60 made earlier.. the ROC of $12 is also nice with the $3 divi.. easier on the tax bill.. Xmas came early for us shareholders.. and heck the 5 cent/mo. divi

[Moemoney42]

And to add to your list.. "Paramount's production immediately following closing of the transaction will be approximately 30,000 Boe/d (barrels of oil equivalent per day) (46 per cent liquids

[PabloLafortune]

A few observations: #1 the Riddell family who control POU are beyond reproach #2 brilliant asset sale. including Zama is the cherry on top. #3 oil and gas has been dead money for 3 years. The

[ceenalot]

chaching !!! and that is why we own this great company ! C

[Jonathon Brown]

The TSX has experienced a rocky week, marked by five consecutive sessions of declines, but several stocks offer compelling opportunities. read article.

[WillyGreen]

Well that's what I was squeaking aboutt!   Your view is incorrect as this is a $12 tax free distribution plus $3 taxable to the Riddell family and shareholders. Brilliant move. Monetizing