Post by
Sukhi19 on Mar 04, 2016 12:47am
KWH.UN
Lowest KWH.UN has hit this month was $7.76. It has recovered to $8.07.
If you had sold it a month ago for $8.83 and bought oil stks, your capital would have appreciated 20% but that is the risk you had to take. Oil sect is still not out of the woods. FRU and PSK just cut their dividends. FRU second time. What you would have gained in capital appreciation, you would have lost in income for a long times. North American oil sect will live in fear. Not to speak of alternative energy rsources lurking around the corner. Wit Iran threatening to release additional oil in to the market and inventories hitting historic highs, oil will struggle to cross $40 and $50. After the hedging programs roll off, lot of darlins will tuen vamps.
Q1 is going to be really bad for oil sect.
KWH.UN should have good Q4 and better Q1.
No debt. Low pay out ratio. Dividend raise. Analyst raised targets. It has grown bigger. Excellent management. Management own a fair part of the company. Acqusitions. Increase in fixed price customers. Good management.
There has been good chunks of buy orders from TD, RBC and BMO. Morgan Stanley has ben selling in small lots with another brokerage selling in bigger chunks. But for an every seller there is a buyer. Lower the better.