RE:RE:RE:RE:RE:RE:RE:Should be trading at least 70$Hey Eddy
You're welcome. It was my pleasure.
On the REIT side, i also really like DIR but mentioned GRT as I think it is a better buy here. Also, I really like NWH.UN. They just closed a share offering at $12.65 so I expect it to head back toawrds $13.25 in the next while. They have a great divy and continue to have great growth. I normally don't like a company issuing more shares but it is sort of different for REITs and both DIR and NWH have used the raised dough well.
I always used to prefer BCE to T but have now switched on preference. I didn;t like BCE just recently raising their divy when I don't think they should have. I'm also not a fan of Bell Media lately. Also, you make a good point about Telus health.
Of the 6 smaller positions, there is a reason for each. MRG was a partial replacement for dough from the NVU.UN take-over and I wasn;t anywhwere near as confident with it as I was with NVU.
NPI is smaller because I;ve trimmed it from a Main holding because it just got way too over-priced and the yield got well under 3%.
FIE and ZWB are smaller because they are ETFs and I generally don't like ETFs but am hedging a bit as they are different with ZWB being covered call and FEI holding some different stuff and using some extra leverage.
IPL is smaller as I trimmed a chunk to move from Main with the BIP take-over annoucement.
BIP is smaller but I may move it up if the IPL take-over goes through.
I do like your new moves. Keep up the great work
Sarge
fasteddy0043 wrote: Hey Sarge Many thanks for your comments on the choices I made so far. Also thinking that buying in increments is not a bad idea as this market pull back may have another 5 to 10% to go. Did very much like the long term chart on Grt.un so bought a little today. Also a little of Dir.un and Ema. Still looking at Enb. Liking Telus over Bce because of Telus health, figure their growth may be better. Do you have concerns that US competition may be allowed that would put pressure on the telcos? Also like the idea of appox 20 plus holdings at around 5%. When looking at your smaller % holdings like Mrg.un at under 2% . A smaller holding because of timing of purchase or more risk with its smaller market cap?kind of like the entry point here on the chart. Ps I do understand paragraphs but Stockhouse when I post just combines it all.