Author Topic: What are you buying today?  (Read 1783581 times)

Cardboard

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Re: What are you buying today?
« Reply #3260 on: September 24, 2018, 11:03:34 AM »
T-GXE

Lagging other heavy oil peers while acquisition is now closed. Due for a nice rebound.

Cardboard


tombgrt

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Re: What are you buying today?
« Reply #3261 on: September 24, 2018, 12:54:56 PM »
T-GXE

Lagging other heavy oil peers while acquisition is now closed. Due for a nice rebound.

Cardboard

WCS pricing is just brutal now. But the acquisition of the light oil by GXE was another good one. I also increased my position by 2% recently. Also added more to Altura. IPO doing good as well.

Sold some CRC today that I bought around $35 in the dip. Price action is just insane.

Lance

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Re: What are you buying today?
« Reply #3262 on: September 25, 2018, 07:31:48 PM »
KHC

Thanks
Lance

gokou3

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Re: What are you buying today?
« Reply #3263 on: September 26, 2018, 12:27:09 PM »
For the past few days, ENB between C$42.7-$44; BIP @ C$49.75.

Spekulatius

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Re: What are you buying today?
« Reply #3264 on: September 26, 2018, 04:10:51 PM »
TFSL- the thrift. They did raise the dividend as valuedontile thought they would. itís yielding  6.4% now
Quote
A large thrift that has yet to make its second step conversion is TFS Financial Corp (TFSL). It has been in-between that 1st step and 2nd step for over 10 years and looks unlikely they'll make the 2nd step conversion anytime soon as they have no need for the additional capital.

They continue to pay dividends and buy back stock though shares have gone nowhere and it has underperformed over virtually every timeframe. It is cheap and has remained cheap. I have it trading at less than 0.45x BV and ~8.5x earnings.

It is nearly impossible to predict when these things will make the leap to the 2nd step conversion. These are sleepy little things... Sort of like watching paint dry...

I think there was a KBW report (many years ago) that looked at mutual conversions in-depth, timing, performance, valuation, etc...










dividend
Life is too short for cheap beer and wine.

bigbluffzinc

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Re: What are you buying today?
« Reply #3265 on: September 28, 2018, 10:58:39 AM »
Versabank - A small Canadian (branchless) bank trading at less than 5.5x next years pre tax earnings, 75% of book, & a return on retained earnings going forward north of 30% (earnings growth north of 30%), running on debt to equity at around 8.5x or ~40% of the leverage other Canadian banks employ & with stronger insider buying than I've ever seen in any other opportunity I've looked at.  (My estimates)

I think it's misunderstood as being (over)exposed to Canadian real estate when it's really a secured lender (mostly small receivables with significant holdbacks) that is unlikely to incur meaningful losses even in a Canadian downturn. 
« Last Edit: September 28, 2018, 11:12:08 AM by bigbluffzinc »
Current Portfolio: VB, LBTYK, HWO, BAM, AGN, LNR, FB

boilermaker75

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Re: What are you buying today?
« Reply #3266 on: September 28, 2018, 12:46:54 PM »
Wrote Oct 5 expiration, 29.5 strike BAC puts for $0.30 per share.

sarganaga

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Re: What are you buying today?
« Reply #3267 on: September 28, 2018, 05:01:55 PM »
Gazprom (OGZPY)
Singapore Telecom (SGAPY)

york

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Re: What are you buying today?
« Reply #3268 on: September 29, 2018, 03:01:43 AM »
TPK.TO - Ten Peaks Coffee Co Inc

Lance

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Re: What are you buying today?
« Reply #3269 on: October 01, 2018, 06:51:07 PM »
BTI

Thanks
Lance