GREY:CMLEF - Post by User
Post by
hipfneron Dec 27, 2017 10:59am
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Post# 27230259
Catalysts
CatalystsI like the retreat back to their core neighbourhood. Obviously their costs of managing in a smaller region will be far lower and is a more efficient use of mgmt. time.
I like that Quebec is a strong manufacturing province and the economy is doing very well.
I don't like the NAFTA threat, which could eliminate our preferential tariff rate for exports to the USA - thereby reducing business, and possibly losing plants to the USA as well.
I don't like the higher interest rates coming to the USA, at least 3/4% anticipated in 2018.
I like the infrastructure stimulus underway across Canada.
I like the potential of a similar spending bill in the USA - although this is of a lower probability and likely to contain Buy America provisions.
-> All is all, I anticipate a good 1H 2018 for CUF. That's as far as I can comfortably predict. I'll revisit this in March. I own shares.