TSX:HSE.PR.B - Post by User
Comment by
MOJOJONOon Jan 07, 2019 12:58am
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Post# 29193479
RE:Potential new investor here
RE:Potential new investor hereWow, they really have been knocked down. I would assume the MEG Energy takeover offer and general oil malaise took Prefs down with the Commons. MEG offer was around... Sept? Most slowly slid from there. Interesting they all took a fall on Dec 24 to 52 wk lows. Not sure if other prefs were hit on Christmas eve as well.
Not a lot of info on the preferreds on HSE investor site. Try CIBC's preferred share report; it gives good snapshot of preferred share offerings.
https://www.cibcwg.com/c/document_library/get_file?uuid=56632e8f-3032-4033-9dbb-38354e4253a9&groupId=82580&version=1.0
5 year resets:A, C, E, and G. 3 month Treasury floater: B. All quarterly payers.
Personally, I don't think rates are going up much higher.