Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

Dividend Time

[SQCConsulting]

When will the Board be meeting to decide on the comms dividend (cut, recuse status quo)?

[RagingBull3]

I think they are doing everything they can to not cut the dividend.  They will probably throw out the kitchen sink before they cut.    Of coarse they'll probably cut the dividend to keep paying themselves well.  But for now, it's the kitchen sink.

[SQCConsulting]

Thanks Once bitten, twice shy.... I am very reluctatnt to re-invest my earnings and reduce my average until I know for sure...... Any idea about when we will know for sure?

[RagingBull3]

Common shares you never know for sure.    But for most that are playing the commons, I don't think it's for the dividend..... they are looking for huge gains on share price, make their profit, and then move on to the next 2x, 3x, 4x banger...... or trade in and out daily or multiple times daily to gain 2%.... 2%  daily is good... but it's a lot of work.

[RagingBull3]

If you are looking for reliable dividends, the Preferreds probably more suited to what you are looking for..... but if oil takes off, you'll miss out on the 2x, 3x, 4x on the commons. Max Gain on share price for the Preferreds is around $25 probably, no matter how much the yield is because company can redeem them for $25.

[Oasisjunior]

What all would need to take place for this 2x, 3x, $25.00 to take place?

[RagingBull3]

For the Preferreds to go back up to $25?    There's a few things that might make this happen: - interest/yield on the 5yr Canadian Bond to go up.   This will increase the yield even more on these Preferreds when they reset.    How does a 20% yield sound to you?   Right now interest rates are near rock bottom.  So, good chance they will go up. - oil price

[Oasisjunior]

How is the best way to get cash to invest in Husky stock?

[RagingBull3]

Trade and make profits from other stocks.   Work, make money.     Loan, but I wouldn't recommend that option.

[RagingBull3]

I thought about taking a loan out.  If you can make 16%+ and it only cost you 5%, seems like it would work.    But who knows what's going to happen.   Share price could drop more.  What you going to do when the bank comes knocking and your shares are down 50%?   This could be a possibility.

[Oasisjunior]

I got caught with a large amount of my portfolio in cannibis, all under water badly. 80% losses.

[RagingBull3]

2x,3x,4x....on the commons...  Just about any positive news... Even a tweet from Trump.   But fundamentally... making good Profits....... But market trades on not just fundamentals, but emotions also.     Profits mostly determined by oil price.