TSE:X

TMX Group (X.TO)

57.43
-0.11 (0.19%)
as of Oct 23, 2026, 8:00:00 pm Market Closed.
88 watching
0
DON'T BUY
There are concerns that the takeover deal may not close. The offer that is on the table will be taking back some stock and there are questions about the valuation. Competition could come into Canada.
PAST TOP PICK
(Top Pick Aug 25/10, Up 48.17%) he took is profits and ran. It ran up more than he anticipating. He took his money off the table. Going forward he would not be running to buy it until the Maple Group issue is resolved. Doesn’t see the value in the deal.
TOP PICK
Maple will get done or not and you will finish up with a good dividend and stay with something that is propped up by the bid for a couple of months.
BUY
The LSE is gone. TMX is a good revenue generator. Will continue to do well, grow and pay out big dividends as long as the stock markets remains strong.
COMMENT
He has a model price of $50, a 13% upside.
COMMENT
Doesn't think there will be another bidder coming in, which just leaves the Maple group. The question is, can they sell to the shareholders that they can create better value. A tough call but the market seems to indicate it is not going through.
HOLD
Two offers are on the table. He is biased and would prefer them going global through joining the LSE. If you own, continue to Hold to see if you get a higher offer.
WATCH
How would a merger with the London exchange affect the dividend? Current dividend is 3.67%. Good question. He is not sure but is not in favour of the Maple deal.
PAST TOP PICK
(A Top Pick June 2/10. Up 65.46%.) Sold his holdings at around $42.
TOP PICK
Has some safety to it because of the proposed deal with London. Tricky that they are calling it a merger of equals and he thinks it should include another deal such as Australia.
DON'T BUY
There is an issue on the question on whether the merger will go through. They are consolidating because it’s and industry that has relatively thin margins and very competitive. There are better places to be.
PAST TOP PICK
(Top Pick Nov 25/10, Up 11.15%) Doesn’t look at it as falling into the hands of London. It could be a good deal. Doesn’t know what the politicians should do. The banks putting together the alpha was really a re-mutualization of the business. The regulators could theoretically block the deal. It could mean longer trading hours, trans-continental listings, exposure of the largest mining and venture capital market to the world.
PAST TOP PICK
(A Top Pick Dec 11/09. Up 41.82%.) Sold his holdings. Trying to figure out the proposed implications of the merger with the London Stock Exchange.
BUY
A great looking chart showing a strong up trend.
TOP PICK
(A Top Pick March 5/09. Up 25.52%.) As a proxy on the economy, you can do far worse. This is the best stock market in the developed world and we have the best economy.
Showing 121 to 135 of 374 entries