Post by
silkos on Apr 27, 2022 9:13am
Dividend play
CVE just released their latest ER. Outstanding results plus big news for shareholders bringing the div to .42 quarterly. Having this in perspective, Suncor shareholders which are invested in SU for the div only may choose to double their div by exiting SU and opening CVE positions. Makes sense? We'll have to see if SU comes up with a similar move to reward investors. Thoughts on the topic?
Comment by
MigraineCall on Apr 27, 2022 9:17am
You have it wrong. CVE new dividend is $0.42 per year. Not per quarter. About 2% per year.
Comment by
silkos on Apr 27, 2022 9:30am
MigraineCall: you are correct. Gotta admit I panicked for a little bit, can't wait to see SU numbers though. Thanks for your input as always!
Comment by
frances1 on Apr 27, 2022 10:44am
I am not sure about all the fuss?....bought at $15 and waiting for some good news in a couple weeks. They are printing cash imo...we will know soon
Comment by
Alphaseeker1973 on Apr 27, 2022 11:11am
The entire sector has gone up by 3-5x and SU has only gone up by less than 2x. The management is completely useless at SU and shareholders are suffering sub-optimal returns and this will continue until they fire Little and replace the BOD!
Comment by
Vlosun on Apr 27, 2022 6:43pm
True, but Suncor was the most expensive before covid
Comment by
pooltec on Apr 27, 2022 11:39am
DO NOT WE SHAREHOLDERS HAVE A SAY IN FIRING AND HIRING ADMIN.? DO THEY NOT ANSWER TO US? WHO OWNS THE MOST SHARES OF SU? LETS GET THEM FIRED UP.
Comment by
pooltec on Apr 28, 2022 11:28am
WELL HE MUST HAVE READ MY POST THEN. SU ADMIN. CAN WORK FOR THE GOV. IF THEY WANT TO COAST INTO RETIREMENT. NOT WITH OUR MONEY SHOULD ANY ADMIN. COAST WHILE COLLECTING MEGA PAY RUNNING CAPITALISTIC COMPANY. CONGRATS TO ALL LONGSSSSS...........
Comment by
NPCexe on Apr 27, 2022 11:51am
Ye of little faith good sir
Comment by
w8asec on Apr 28, 2022 9:29am
Alphaseeker1973 - Good GAWD - You nailed....genius
Comment by
Chad123 on Apr 28, 2022 9:32am
You folks should tell that to whoever is buying this morning..... LOL
Comment by
MaximusGainus on Apr 28, 2022 9:39am
Yeah, someone must have turfed all that bad management. LOL! Let er rip!
Comment by
MigraineCall on Apr 28, 2022 9:55am
Wow. Half the daily US volume in less than 15 minutes. Nice start, lots more upside to come, and Suncor is the name most can remember. Tons of news talk on the channels about how undervalued the energy sector is and Americans are now climbing over themselves trying to get in all at once. Like elephants through a keyhole. But we all knew this was coming. Bring it on...!
Comment by
Chad123 on Apr 28, 2022 10:18am
Maybe I should send an advisment note to Cathy Woods. LOL
Comment by
Chad123 on Apr 27, 2022 9:29am
.42/annual Works out to $0.10 per Q