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Bullboard - Stock Discussion Forum Power Corporation of Canada T.POW.PR.A


Primary Symbol: T.POW Alternate Symbol(s):  PWCDF | PWCCF | T.POW.PR.B | T.POW.PR.C | T.POW.PR.D | T.POW.PR.E | T.POW.PR.G

Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. It operates through three segments: Lifeco, IGM... see more

TSX:POW - Post Discussion

Power Corporation of Canada > 2.75 billion federal funding ev buses
View:
Post by YoDrop on Mar 07, 2021 11:22am

2.75 billion federal funding ev buses

Canadian government is dumping 2.75 billion $ in the EV bus market. Lion EV was named in the discussion as well as a few other. I’ve been doing a bit of research and found that POW owns 31% of Lion EV. POW seems extremely attractive since they offer a 5.73% div. 

My question is Pow still involved with LION EV?
Is myninfo acurate?

thanks a bunch
Comment by argon12 on Mar 07, 2021 12:26pm
Yes. Power sold Lion Electric to a SPAC in the U.S. Power still has a very big position in this SPAC.
Comment by bingostar on Mar 09, 2021 10:42am
I cannot wait to see Q4, they will record an increase of 1G$ and more for NGA , plus wealth simple that worth more than 1G$ and now Dialogue going public that is a participation of portag3 from power corp. Also , Pargera has increased in value with their portfolio of european stocks.
Comment by bingostar on Mar 07, 2021 3:14pm
See the press release below  , just a comment the value of LION is closer to 4G$ than 2G$ now bringing 2$ of value per share of POW and also POW owns 60% of wealth simple that has a value over 1G$ and will go public soon. Those value will be reflected in Q4 release on march 17. MONTRAL, Nov. 30, 2020 /CNW Telbec/ - The Lion Electric Company ("Lion"), a company in ...more  
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