Q: CGO: what is going on with this company? Shares been sliding for a while. They do seem to carry a lot of debt. Buy?

Q: Hello 5i Team

I currently hold shares in Cogeco Communications Inc. (CCA) which currently have a capital loss.

Can I sell Cogeco Communications Inc. (CCA) and book the tax loss and concurrently purchase Cogeco Inc. (CGO) as a hedge for the next 30 days and then re-buy CCA.

Would this keep me on-side with Canada Revenue Agency and the superficial capital loss rules?

Thank you

Q: Cogeco shares are trading near their 52 week lows in spite of a decent recent dividend increase, an apparent sustainable payout ratio and relatively low PE. What gives? Is this a screaming buy or a value trap?

Thanks