Decent volume on Friday, 13.2K traded.
Looks like the buyers are back and the sellers have dissipated.
I remember
TheBridge kept talking about the "Hurry Up & Wait" investment strategy at the AGM.
He knows Q2 is out in late August, he's usually a few quarters ahead of the rest of us.
Gotta wait for the good stuff.
Never got a chance to discuss Q1 results................
General observation is that patron volumes are good but customer spend per visit trending down.
To be expected, Canada likely in a shallow recession currently and it can last as long as Households focus on debt reduction. Retirees with no mortgage will continue to enjoy 5% GIC rates, allowing for income stability & safety in retirement. That crowd makes great guests for the properties.
Q2 Dividend Seeds - Planted during rain storms the week of AGM
It's true. Shareholder malx went a little over-budget yet enjoyed every minute of it.
Attended some poker events several days prior the AGM. They say the quality players feed the fish then take it all back later in the match. Welp, they fattened me up early, only to BBQ me later in the day.
Kasking said tuck 50% of winnings aside for GH share purchases, but I'm stubborn; tried to parlay some nice winnings into nicer winnings and ended up deeper down the hole.
Still some thrilling adventures. Up or Down, the Deerfoot is an exceptional entertainment destination.
Continuation of curious GH onlookers will later figure out the underlying value here after the dividend reaches $0.07/mo and share price is $14+
Then they'll be talking about the $6 shares they "Almost" bought as they watch their Canadian Bank stocks drop in value.
Some of us breathing a little easier after Alberta wildfires were contained as the rains arrived.
