Post by
investhat on Feb 25, 2011 11:31pm
If you want to make $$$
I've been into CHL since the beginning of the income fund and have always been satisfied with them. This company paid all their debt in less than 5-6 years. Have more than 30 millions into their bank account and the most important is that they have good revenues. Revenues are mainly coming from Afghanistan contract, providing helicopter services for USAF as equipment and personal transportation. This contract is very lucrative and we might think that it is risky but after talking with them I understand their position now. I would say it is calculated risk and mid to long term revenues are very interesting. They have a fleet of more than 120 helicopters spread in more than 40 bases all around Canada. Their level of safety is well over Canada's average. I've heard about a target of $20 within a year with a steady dividend of 7-8 percent a year.
If you're a mid to long term investor, this stock is for you!
Comment by
m1ax on Feb 26, 2011 11:11am
Thanks for the post. I share your opinion about this stock. I believe that it is undervalued at the current price. We could very well see $20 before the end of the year. Let's hope for a dividend increase while we are waiting.
Comment by
itsalie on Feb 27, 2011 4:01pm
Do you guys keep it for the dividend or the stock appreciation? It's up huge in the last year, the divy is great too, just wondering how much its got left. And up another 4% Friday.. I'm not sure whats harder, knowing when to buy a stock or sell it :)
Comment by
investhat on Mar 03, 2011 9:53pm
In CHL you have both worlds... You have the appreciation and the 6% dividend. Keep it for what ever you want but keep it !!!