TSX:HSE.PR.B - Post by User
Comment by
rad10on Oct 25, 2020 1:52pm
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Post# 31778548
RE:RE:Preferred's should be valued at $25.00
RE:RE:Preferred's should be valued at $25.00 A disciplined improvement to the balance sheet, a return to investment grade status and a debt to ebitda getting towards 2.0 will really improve the outlook for the preferred.
Alex Pourbaix has a better track record than his peer at HSE.
Preferred series A have traded fairly recently below 5 dollars!
Double digit yields will not last with an improving outlook. They won't see 25 bucks anytime soon but there should be some upside.