Investors missing GH's potential returns over next 12moRisk here is moderately more than Fortis. Yes.
Upside here is comparable to Suncor and Canadian Natural Resources. Yes.
Downside is limited to Canadian Western Bank. Yes.
If someone said there was an index-linked GIC with 50% upside, -15% downside and a 4% annual yield of 4.2%, would investors buy it?
Sure hope so but looking at recent trade volumes, nobody but TheBridge and the gang here is doing any buying.
That will change.
Eventually a strong Q3 or Q4 will get some attention.
Down the road from there, a larger dividend will show up on the radar of income investors.
With $90 oil, this stock is the no-brainer of the decade.
Nothing for sale, few people on the bid too.
If Kasking goes on BNN, stock likely to jump $2+ in one trading session.
Better days ahead folks.
One benefit of a low valuation multiple, the NCIB grabs more shares at lower prices.
Won't last forever.