RE:RE:UpDate,,,,,,,,,,,SOBO Spin Out.............""it was obviously a good move for us"" Hey SARGEX__
You SURE ABOUT That Decision Being a
GOOD MOVE eh ????
With SOBO Current YIELD @ 8.2 % vs TRP @ 4.8 %%
And SOBO Up 17.4%% vs TRP @ 14.0%%
MayBe NOT So GOOD eh ????
SargeX wrote: I was one of those that sold all our SOBO between Oct 3-18 and put all of the dough into TRP, We sold SOBO at an average of $32.62 and bought TRP at an average of $60.62. At last prices of $34.98 and $68.56, SOBO is up 7.22% and TRP is up 13.11%.
Not sure what numbers you are using but it was obviously a good move for us. I also still strongly believe TRP is a way better compnay than SOBO and has way less debt and has more ptotentail for dividend gowth and price appreciaiton.
Red_Deer wrote: ReCall that Last Oct 3rd When we ALL GOT Our SOBO Spin Out Shares__
There WERE a Number of POSTERS Here STATING That They IMMEDIATELY
SOLD ALL Their SOBO Shares.
They Were CERTAIN That SOBO Share Price WOULD NOT HOLD UP eh !!!!
Well SOBO Has Held Up VERY WELL__IN FACT Now It IS UP 17.4% Compared
to TRP @ 14.0%__SINCE Last Oct 3rd
And the 50 CENT Dividend in $ USD is Worth MORE LIKE $ CDN 72 CENTS
@ the CURRENT Exchange Rate__Making For a 8.2%% YIELD__VS 4.8% for TRP