Post by
Sukhi19 on Jan 31, 2018 12:41am
Management
Listened to CEO's opening remarks. Very clear headed person.
As I said before, they are very agile in decision making. Liked their switching of priority from distr increase to NCIB, debt payment and acquisitions of smaller companies facing hardships due to "weather bomb".
Comment by
ronin1 on Jan 31, 2018 8:15am
Peter Hodson from 5iResearch. The NCIB is a statement from management and we would view it as a net positive. It also helps the long-term sustainability of the dividend, as less shares outstanding means less total dividends that need to be paid year in and year out. Between this and the rising dividend, we think management is trying to tell markets that the prospects look fine.
Comment by
Sunnyboy on Jan 31, 2018 1:48pm
normal course issuer bid program to purchase for cancellation
Comment by
deisman03 on Jan 31, 2018 3:37pm
I saw that and didn't put two and two together. Thanks