Investing

What did you buy? What might you buy??

  • Last Updated:
  • Oct 16th, 2018 1:49 am
Tags:
None
Deal Addict
Nov 9, 2013
2407 posts
1049 upvotes
Edmonton, AB
STP123 wrote:
Feb 12th, 2018 3:42 pm
Thanks. I think you are right. No sense taking on more risk than necessary. Lots on sale now.
treva84 wrote:
Feb 12th, 2018 3:37 pm

However thinking about this more, most investors would probably share the above sentiment, which would suggest on a relative basis CPX may be more attractive as more people shun it. Also with the high dividend (~7%) and management's 7% growth target, if you were to buy this and DRIP it you could do quite well assuming share prices remain suppressed in the short term and the dividend isn't cut in the medium to long term.
Looking at possible 3 year returns (data from FastGraphs based on current P/OCF, includes dividends)
- FTS - 7-8% annualized (assumes no multiple expansion)
- EMA - ~ 17% annualized (assume multiple expansion to historic norm); ~9% with no multiple expansion
- CU - ~ 18% annualized (assumes no multiple expansion)
- CPX ~ 14% (assumes no multiple expansion).

CPX trades on the cheapest P/OCF (5) compared to the others. Risky but also relatively cheap!
Last edited by treva84 on Feb 12th, 2018 3:50 pm, edited 1 time in total.
Deal Addict
Nov 9, 2013
2407 posts
1049 upvotes
Edmonton, AB
llpresident wrote:
Feb 12th, 2018 3:49 pm
@treva84

I've been watching CNR forever. What made you pull the trigger today?
I thought about buying the last dip below 100 which was in Nov but I didn't, and I regretted it. Then last week it went below 100 again. I bought today because today's the first day I had access to my investment accounts as I was out of country Feb 4 - 11. If I had access I would have made many of my purchases last week.
Deal Addict
Dec 3, 2014
1224 posts
278 upvotes
Ontario
Nibbled a little in the afternoon adding to FTS, CVS, XEF.TO
Deal Addict
Apr 27, 2015
1071 posts
151 upvotes
treva84 wrote:
Feb 12th, 2018 2:55 pm
Also added to: DIS, CVS







Nearly out of money but I think I'm going to move some to buy EMA - perhaps it's herding behaviour; my rationalizing brain agrees that the price is very attractive for a long term hold!
Unfortunately , I'm completely out of money...holding EMA in my wife TFSA account and no room left for this year....
NDP for Unions, PC for people. Only PC can save Ontario.
Deal Addict
Jun 27, 2007
3872 posts
825 upvotes
sold ES at 2660.
some weakness into the close, but IMO ultimately we bounce higher.
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Sr. Member
Feb 26, 2017
741 posts
334 upvotes
treva84 wrote:
Feb 12th, 2018 3:50 pm
Looking at possible 3 year returns (data from FastGraphs based on current P/OCF, includes dividends)
- FTS - 7-8% annualized (assumes no multiple expansion)
- EMA - ~ 17% annualized (assume multiple expansion to historic norm); ~9% with no multiple expansion
- CU - ~ 18% annualized (assumes no multiple expansion)
- CPX ~ 14% (assumes no multiple expansion).

CPX trades on the cheapest P/OCF (5) compared to the others. Risky but also relatively cheap!
With Fastgraphs, do you think P/OCF or P/E is the best way to evaluate utilities and telecom? I use P/OCF with pipelines but for most other stocks I tend to use P/E.
Member
User avatar
Jan 28, 2007
426 posts
230 upvotes
South-Western, Ontar…
Kicking myself today for being too greedy trying to pick up SHOP lower than it went Friday ... and trying to decide if I wanted to add more EMA or not ...
Deal Addict
Jun 27, 2007
3872 posts
825 upvotes
dlhunter wrote:
Feb 12th, 2018 4:15 pm
some weakness into the close, but IMO ultimately we bounce higher.
My revised SPX targets and play book
1. Minimum 2685-2690 - expecting tomorrow.
2. If 2700 cleared, 2726 next target. If exceeded, 2740-2750 area last strong resistance.
3. If 2750 area cleared, all time high next target

On the downside:
1. Failure to exceed 2726 bounce high would turn market bearish again. Friday's low 2539 would be obvious target.
2. If 2539 fails to hold, 2500 might offer some support. Below that i am looking at 2420-2440 as strong support.

With market gyrations, market participants turned cautious. It definitely damaged short/medium bullish case. Long term we are still in the bull. This will only change if 2200 level broken - not likely in the next 3 months.

Btw, infamous 50 cent VIX trader finally made moneyGrinning Face With Smiling Eyes

link
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Deal Addict
Nov 9, 2013
2407 posts
1049 upvotes
Edmonton, AB
Chance7652 wrote:
Feb 12th, 2018 4:24 pm
With Fastgraphs, do you think P/OCF or P/E is the best way to evaluate utilities and telecom? I use P/OCF with pipelines but for most other stocks I tend to use P/E.
I look at both but for companies with high capex I use cash flows. Dividends come from cash flows as well so it helps me gauge things from that perspective too.
Deal Addict
Aug 17, 2008
1451 posts
713 upvotes
Jeenyus1 wrote:
Feb 1st, 2018 8:31 am
Hong Kong, Feb 1 (Reuters) - Gambling revenue in the Chinese territory of Macau skyrocketed 36 percent in January on strong demand from big whale gamblers, while mom-and-pop mass punters eager to play in the country’s only legal casino hub also drove up business. The world’s biggest casino hub saw revenues hitting 26.3 billion patacas ($3.27 billion) in January, versus 19.3 billion patacas a year ago, data from Macau’s Gaming Inspection and Coordination bureau showed on Thursday. This was far ahead of analysts’ expectations for a 20-28 percent growth.

https://www.reuters.com/article/macau-g ... SENNI1O0S8
-
All casino stocks barely rising on the news. And indices futures' are negative this morning. Doesn't seem like there are anymore buyers left despite improving fundamentals.
"MGM Resorts opens $3.4 bln casino in Macau as revenues boom" https://www.reuters.com/article/mgm-res ... SL4N1PY27S
Deal Fanatic
User avatar
Oct 9, 2008
5251 posts
1720 upvotes
Thornhill
MrMom wrote:
Feb 13th, 2018 8:20 am
"MGM Resorts opens $3.4 bln casino in Macau as revenues boom" https://www.reuters.com/article/mgm-res ... SL4N1PY27S
Should be consecutive gains for quite some time. Fortunately I've sold my WYNN positions for flat as they were remarkably untouched during the VIX spike crash and bought Apple/Google as I thought it was better risk/reward on eventual upturn.

If none of this VIX spike crash happened, I think Wynn would likely be $185 by March's Macu release.
Deal Fanatic
User avatar
Oct 9, 2008
5251 posts
1720 upvotes
Thornhill
Watching Helios and Matheson Analytics Inc(NASDAQ:HMNY) for entry.

Bid for full position @ $5.49 submitted.

Filled @ $5.49 U

Top

Thread Information

There is currently 1 user viewing this thread. (0 members and 1 guest)