Post by
zalmonella on Oct 31, 2020 12:59am
Likes the Preferreds
Interesting writer likes the preferreds, particularly the A series, but for different reasons than I do. Nonetheless, he sees am 8% yield after reset next March which is where my thinking leads me too. Only difference is I stick my neck out and say that means a market price of $12. So I'm in
https://seekingalpha.com/article/4382065-husky-preferred-shares-offer-attractive-yield-upside-from-merger?utm_medium=email&utm_source=seeking_alpha&mail_subject=energy-transfer-drops-the-dividend-bombshell&utm_campaign=nl-investing-income&utm_content=link-18
The merger diverisifies the business a bit more and adds more equity to the entity, so what's not to like?
Comment by
rad10 on Oct 31, 2020 7:59am
good article - I am voting my preferreds for relisting under CVE ticker. Kudos to Hymas - he is the guru, - but I disagree with his reasoning on this one.
Comment by
zalmonella on Nov 02, 2020 12:53pm
Kudos to Hymas - he is the guru, - Didn't know that was Hymas - good to know. I rarely read his blog and certainly don't understand some of his math but he knows his stuff.
Comment by
RagingBull3 on Oct 31, 2020 8:29am
All just my opinion..... Am I missing anything???