Post by
canadafan on Jul 20, 2010 12:35am
on the move!!!
It has been a slow move upward since the latest $14 issue price.
the last 2 weeks have been "strong". not flying ahead but a nice steady movement..that IMHO is much better for price support.
Q2 numbers are out in around 2 weeks.The word is , we wil see some of the recent "many" aquisitions start to come to the bottom line.
The analysts which are covering wrk are saying "hold with a $16.25 price target.
Once a quarter or 2 of numbers flow through as projected , by the airport deals and the many others of the past 6 months...you will see a few more analysts come on side with stronger BUY recs.
That to me explains the recent reasonable uptick. steady and slow, coupled with a 12% yeild.
screming "buy" in my way of seeing things.
Comment by
Divy on Jul 21, 2010 11:33pm
Yes I agree Canadafan, but you still didn't answer about what you think of BTB.UN? or maybe you don't follow (or care) about that one?
Comment by
daddyMac9 on Jul 26, 2010 5:27pm
Just bought some more today...WRK now my largest holding! My main concern is future deals they may finance with stock issuance...they had no problem issuing a wack at $14 (below market prices)...can't do that too many times and stay above your cost base. Maybe that deal will turn out to be brilliant, we will see....