Custom Direct Income Fund

CDI.UN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about CDI.UN-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 20, 2007
An unusual income trust in that 100% of its business is in the US, so won't be taxed under the new legislation. Produces cheques for individuals and companies. Average household writes 20 cheques a month versus 2 in Canada. Payout ratio is pushing 100%.
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An unusual income trust in that 100% of its business is in the US, so won't be taxed under the new legislation. Produces cheques for individuals and companies. Average household writes 20 cheques a month versus 2 in Canada. Payout ratio is pushing 100%.
COMMENT
COMMENT
October 13, 2006
Currency conversion directly affects their free cash flow from US to Canadian dollars. Payout ratio is over 100%. Have done a good job of mitigating a very difficult change in currency.
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Currency conversion directly affects their free cash flow from US to Canadian dollars. Payout ratio is over 100%. Have done a good job of mitigating a very difficult change in currency.
VAGUE
VAGUE
February 25, 2006
Competing in a direct consumer market in the States. They are not the dominate player in the states and have to follow along with what "Direct" does as far as setting prices etc. Can be quite volatile.
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Competing in a direct consumer market in the States. They are not the dominate player in the states and have to follow along with what "Direct" does as far as setting prices etc. Can be quite volatile.
BUY
BUY
December 30, 2005
They have a long-term hedge in place for currency. Payout ratio is a little higher than he likes. Has been beaten down, but not sure why. This is reasonable value.
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They have a long-term hedge in place for currency. Payout ratio is a little higher than he likes. Has been beaten down, but not sure why. This is reasonable value.
BUY
BUY
September 23, 2005
Likes their strategy of putting logos on cheques. A lot of exposure to the US$ has created a broad sell off. Pays a pretty good yeild.
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Likes their strategy of putting logos on cheques. A lot of exposure to the US$ has created a broad sell off. Pays a pretty good yeild.
DON'T BUY
DON'T BUY
September 17, 2003
Could have potential risk if legislation is changed regarding taxability of US domiciled businesses. Has a lot of competition. Prefers others.
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Could have potential risk if legislation is changed regarding taxability of US domiciled businesses. Has a lot of competition. Prefers others.
Showing 1 to 6 of 6 entries
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