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Andrew Peller Limited/Andrew Peller Limitee Class A Non-voting Shares (ADW.A)
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Corby Spirit and Wine Limited Unlimited Non Voting Class B Common Shrs (CSW.B)
Q: hi. I am down on CSW, and am thinking of selling and locking in the tax loss, and immediately picking up ADW. do you see more capital gain potential in one versus the other? what do you feel is the better investment now?cheers, chris
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Loblaw Companies Limited (L)
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Corby Spirit and Wine Limited Unlimited Non Voting Class B Common Shrs (CSW.B)
Q: Hi. I’ve held Corby since April 2020 and did some profit taking in April when it was trading in the high $19’s; and added to PBH which was trading down.
I’d purchased Corby for safety/stability and reliable income. The dividend is variable and occasionally fluctuates. It has a low beta and has held up well until recently; as I suspect that many investors are seeking better opportunistic for growth.
I’’m considering selling Corby and moving to Loblaw’s Perpetual Preferred for largely the same reason I’d purchased Corby, for safety/reliable income with a lower beta and somewhat higher dividend. It is currently trading at $23.00. As interest rates fall, I can see where there will be some modest growth in addition to a relatively safe dividend. I’m considering L.PR in order to maintain my sector allocation.
In 5i’s view would this trade make sense, or would I be better off “staying the course” on Corby? I currently don’t have any preferred shares. My holdings in the Staples Sector are Corby, Northwest Company and Premium Brands.
Are there any other Staples Preferred shares (either rate reset or perpetual) that you feel are more attractive?
Thanks!
I’d purchased Corby for safety/stability and reliable income. The dividend is variable and occasionally fluctuates. It has a low beta and has held up well until recently; as I suspect that many investors are seeking better opportunistic for growth.
I’’m considering selling Corby and moving to Loblaw’s Perpetual Preferred for largely the same reason I’d purchased Corby, for safety/reliable income with a lower beta and somewhat higher dividend. It is currently trading at $23.00. As interest rates fall, I can see where there will be some modest growth in addition to a relatively safe dividend. I’m considering L.PR in order to maintain my sector allocation.
In 5i’s view would this trade make sense, or would I be better off “staying the course” on Corby? I currently don’t have any preferred shares. My holdings in the Staples Sector are Corby, Northwest Company and Premium Brands.
Are there any other Staples Preferred shares (either rate reset or perpetual) that you feel are more attractive?
Thanks!
Q: Greetings - can you comment on why this one would be down recently. is there some market shift of actual business results (which i cannot find) that would explain the softness in the price.