Q: Hi,
Seems like since they have decided to drop the acquisition of that UK company, DND is cash flush with the financing they did not to long ago at $50.50 per share. The stock has since been trading well below that level. I was surprised when they stated an increase to their credit facility to $700 million, today. The company now has Capital of a billion dollars. I cant see any other reason for a company to be sitting on a billion dollars via financings other than if they have some massive acquisitions in the pipeline. May i get your take ? Thanks,
Q: As the price of REAL drops would you consider this factor putting the company in play for a takeover? I am thinking of starting to buy into a position now that it is low fourteens and would like to hear your thoughts. This is a profitable debt free company which nobody seems to like and is priced like it has low growth future. Generally I do not bottom feed but I am intrigued.
Q: I plan to retire in the next few years and have in mind to replace employment income with dividends. I have moderate to high risk tolerance. What dividend generating index funds or ETFs do you recommend to be in each of the following. My funds are split as noted below.
RRSP: 70%
TFSA: 10%
Cash account: 20%
Q: Bally's looks like it has a deal to take over Gamesys. Would you sell into this or do you think there is a reasonable case to hold for the time being?
Q: If you had to bet on an increase of capital gains taxes in the next federal budget on April19, what would be the odds?
I know this rumor has been present for ages, but the probability is surely higher this year.
Good day.
Q: After Yesterday's sell off do you still like MX. Agreed its volatile but in the growth part of a portfolio that already includes NTR does it bring more diversification? Would $42 be a good entry point?