Goodreid Investment Council
Latest Top Picks
A safe dividend payer. ENB also. Likes its stable contracts and cash flows, and is a leader in renewable projects in Asia, Europe and North America so it's geographically diverse. Good. Also pays a healthy dividend around 3-4%. In the past year, renewable stocks have been a bullseye for investors as ESG gathers strength.
A safe dividend payer. ENB also. Likes its stable contracts and cash flows, and is a leader in renewable projects in Asia, Europe and North America so it's geographically diverse. Good. Also pays a healthy dividend around 3-4%. In the past year, renewable stocks have been a bullseye for investors as ESG gathers strength.
Rumours that the Air Canada deal will fall apart and someone will take Transat private The whole airline sector is facing difficulty now. Air Canada's takeover offer likely won't offer given the pandemic. Transat's revenues are down nearly 98% last quarter and begging Ottawa for help. A private take-out is possible; who knows? Airlines are uninvestible now.
Rumours that the Air Canada deal will fall apart and someone will take Transat private The whole airline sector is facing difficulty now. Air Canada's takeover offer likely won't offer given the pandemic. Transat's revenues are down nearly 98% last quarter and begging Ottawa for help. A private take-out is possible; who knows? Airlines are uninvestible now.
A US company like EIF-T, and is it like Cargojet? No, not like Cargojet, and he can't compare EIF to an US company. But a Canadian comparable is Onex, a holding company that owns industrials and several small airlines that served remote regions (i.e. northern Quebec). All airlines are struggling now, but these remote areas still depend on airlines flying there. Onex also owns light industrials, like one they bought in the US recently. Well-managed and a roll-up story. Are astute acquirers. Also pays a juicy dividend.
A US company like EIF-T, and is it like Cargojet? No, not like Cargojet, and he can't compare EIF to an US company. But a Canadian comparable is Onex, a holding company that owns industrials and several small airlines that served remote regions (i.e. northern Quebec). All airlines are struggling now, but these remote areas still depend on airlines flying there. Onex also owns light industrials, like one they bought in the US recently. Well-managed and a roll-up story. Are astute acquirers. Also pays a juicy dividend.
It's cheap, but not undervalued, but because their properties are in Alberta at a time when oil is out of favour by global markets. Look at CAP REIT which is in better regions. Location counts for a lot in a REIT. Alberta unfortunately is not the place to invest in now.
It's cheap, but not undervalued, but because their properties are in Alberta at a time when oil is out of favour by global markets. Look at CAP REIT which is in better regions. Location counts for a lot in a REIT. Alberta unfortunately is not the place to invest in now.
