TSX:HSE.PR.B - Post by User
Comment by
CanadianPreferron Jun 08, 2020 1:08pm
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Post# 31124803
RE:RE:RE:Evaluating Reward Opportunity of Preferreds
RE:RE:RE:Evaluating Reward Opportunity of Preferreds
Preferreds are a complex structure with many metrics to consider. Free Information regarding preferreds is very limited. In my opinion the reasos for the large spread between the 2L preferreds are.
. Fear of the company going bankrupt.
. Renewal Date of the preferred. (Due to current interest rate)
. Sturcture of the preferred ( Reset/Floating/Min Reset/Perpetual)
. Initial spread
. Investor inability to compare across all preferreds. This is the main reason l created my website.
I think there is good money to be made in preferreds. Of course you need to do your homework.