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Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s):  WTSHF

Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). The Company invests in Westshore by way of distributions on Westshore's limited partnership units. Westshore operates a coal storage and unloading/loading facility at Roberts Bank, British Columbia. Westshore receives handling charges from its customers for throughput volume. Coal is delivered to the Terminal in unit trains operated by Canadian Pacific Railway, BNSF Railway, and Canadian National Railway. The product is unloaded and either directly loaded onto a ship or stockpiled for future ship loading. The loaded ships are then destined around the globe to approximately 20 different countries. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company. The manager also provides insurance and vehicle leasing services to the Company.


TSX:WTE - Post by User

Comment by SHUMBAon Mar 21, 2016 6:21pm
124 Views
Post# 24685548

Companies like WTE that pay a divdend

Companies like WTE that pay a divdendI agree with you Red_Deer, companies that pay dividends are the way to go, as one of my investing policies is to only buy equities that pay a steady dividend. But, I'm retired and age 65, so this rule of mine is not applicable to all. I am still hanging onto only 1,000 WTE as I sold the rest much earlier at a much higher price and damn glad that I did, as I don't think the SP will reach anywhere near it was just not too long ago (read in the high twenties and thirties). We may see twenty bucks, who knows, or in the event of a takeover, and I am always hopeful; then it would likely go much higher. Have a look at Enercare (ECI). If you like dividends (seven cents monthly) and it is a growing company that has just made an acquisition, then maybe ECI would be good for your portfolio, anyway, have a look and see what you think. Comments??????? Best.............SHUMBA
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