TSX:HSE.PR.B - Post by User
Comment by
RagingBull3on Jun 11, 2020 5:34pm
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Post# 31140647
RE:RE:RE:RE:RE:RE:Preferred Yields at Feds target rate of 2.5% at current
RE:RE:RE:RE:RE:RE:Preferred Yields at Feds target rate of 2.5% at currentWhat's wrong with you???? If you read, I mentioned that the "A" will reset soon when Fed's rate near Zero.
As I said, when these reset when Fed rates at 2.5%. So, for the "A", that will be just over 5 years from now.
wheeloffortune wrote: Don't go around misleading people so they buy stock on false info. You say Pref As are 15.10%. The websites says As are 8.5%. When As come up for renewal next year, the yield will be less because the 5 year fed rate will be less than five years ago so I have no idea what you're even talking about with 15.10%.
RagingBull3 wrote: :-( Wheeloffortune...... Are you pulling my leg or something???? How many times did you read my post??? Maybe read it out loud to yourself, maybe it might help.
I'm not sure how many different ways I must say the same thing to you over and over again...... but here goes... :-( >>>>>>
The Yields I posted would be if the Preferred reset when Fed (BoC) rate is at 2.5%.... I'm projecting about 5 years into the future.
Basically, Dividends/rates for these Preferreds will be going up. We are basically at the Bottom....now..... So it only gets better from here on (dividend/rate wise)...
wheeloffortune wrote: You need to think before you speak. The webpages say otherwise. Look, here's the link You posted a dividend that's double what the links say. https://web.tmxmoney.com/quote.php?qm_symbol=HSE.PR.A https://canadianpreferredshares.ca/rank-Husky-Energy-preferreds/
RagingBull3 wrote: Wheeloffortune, Please Read Careful and Think more. I'm getting tired of making long threads on topics you don't understand because you don't read carefully. I know my spelling and grammar are terrible, but I'm sure you can piece together what I'm trying to say if you read careful and think more.
Let me know if you still don't understand after you read a few more time and think more..... then I will go into a long long tread on this.
I'm willing to help, even if you bashed me a few times in the past, but I prefer if you read and think more first.
wheeloffortune wrote: Where are you getting 15.10% for A?? TMX says it's 8.5%. Canadianpreferredshares.ca says the same thing. You're also overstating the others by a couple percent.
RagingBull3 wrote: share price. "A" @ $7 = 15.10%, "C" @ $11.35 = 12.40%, "E" @ $12.28 = 12.36%, "G" @ $11.36 = 13.25%
Looking 5+ years out when these reset, assuming Feds 2.5% target is reached..... Looks like the "A" is best deal.... but need to keep in mind that it will reset in 2021 at probably when Fed still holding rates at Zero.
Next is the "G", then "C" and "E".
My math could be wrong so do your own DD.