TSX:HSE.PR.B - Post by User
Comment by
RagingBull3on Jun 04, 2020 1:05pm
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Post# 31112326
RE:RE:Conditions that make the "A" and "B" interesting
RE:RE:Conditions that make the "A" and "B" interesting I think the "A" March 2021, "B" I think renews every 3 months. When the "B" renews, I think it's going to take a significant hit on the rate/yield. What that translate on the share price, not sure. I assume the market knows this, so it seems not a big deal....given what the share price is doing.
I could be wrong, so do your DD.
Right now the "B" is yielding about 12.8% with share price around $6.70. I expect the yield to drop significantly when it resets. Will know soon what happens.
wheeloffortune wrote: When does A & B come up for renewal?
RagingBull3 wrote: If you think good chance of company going Private, the A and B are good play.
On top of that, if you think rates will be going back up sooner than later, the "B" becomes even more interesting.
Both I considered more "leveraged" to BoC rates compared to C,E,G....
Both cases, need to consider reset rate.