Q: A follow up to my last question. If anyone buys publicly traded shares on the tsx after the ex-divi date they are not the party to legally receive the dividend. In this case Noverco simply purchased shares from me (on the public market) after the stated date. I feel they are just making up this rule hoping smaller investors will not challenge it. I have contacted the companies and am about to file a complaint with the TSX. Could you comment or provide guidance.
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Investment Q&A
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Q: Input regarding VNR rather than a question. I too expected a final payment as Sept 27 appeared as the x dividend date on several locations. After checking Sedar this morning I found this Aug 8 filing which sets Sept 30 as the x dividend date. Why the discrepancy?
Very annoying!
Brian
Montréal, August 8, 2019 - Valener Inc. (“Valener”) (TSX: VNR) (TSX: VNR.PR.A) today announced that its
Board of Directors declared, on August 7,2019, a quarterly dividend of $0.30 per common share, payable on
October 15, 2019, to common shareholders of record at the close of business on September 30, 2019.
Very annoying!
Brian
Montréal, August 8, 2019 - Valener Inc. (“Valener”) (TSX: VNR) (TSX: VNR.PR.A) today announced that its
Board of Directors declared, on August 7,2019, a quarterly dividend of $0.30 per common share, payable on
October 15, 2019, to common shareholders of record at the close of business on September 30, 2019.
Q: I am one of those shareholders which held my shares in VNR until it went ex-divi. It seems the acquirer, Noverco has intentionally obfuscated the previous communications around the September dividend. Do you think the companies involved were trying to be, in anyway, less than fully transparent?
Q: Hi Team,
Can you suggest one to replace my VNR just cashed out from my RRIF a/c ?
Thanks as always,
Regards, Tak
Can you suggest one to replace my VNR just cashed out from my RRIF a/c ?
Thanks as always,
Regards, Tak
Q: Who will get the dividend that is to be paid put, the shareholder or the new company that is buying VNR?
Thanks
Thanks
Q: I was going to hold Valener for one more dividend payment. Does this make sense or should I just sell now (before the Noverco deal completes)?
Q: With the share price falling,is this an indication that the purchase is now questionable?
Q: VNR spiked up to $ 27.60 today, is there any reason or speculation we can glean from this?
Q: Is the takeover completion still expected in September? Also, would a dividend be expected with ex day in late Sept.?
Q: When is the acquisition of Valener expected to close?
Q: Can you please explain the drop in VNR today? Prior to the ex dividend date(June30) I would expect a rise?
Thank you
Thank you
Q: Good Morning, Buying VNR today at $26 gets you a risk-free 30 cents on July 15th which is a 1.1% monthly return. I know its small potatoes but as an alternative for the cash portion of a portfolio does this make sense or am I missing something?
Q: What likelihood is there for a competing at this point?
Q: Can you tell me, approximately, when each of these takeovers will be complete and the shares taken away - assuming no unusual events. Thanks
Q: With VNR being purchased for $26 cash to the shareholders do you suggest to just let this happen in due time or would it be beneficial to sell ones shares while it is trading above $26? Thank you for any advice on this. The dividend will be missed.
Many thanks, Len
Many thanks, Len
Q: Hello Team,
after VNR takeout what would be the best replacements choices (similar profile) for this stock in a Portfolio.
Thanks in advance
after VNR takeout what would be the best replacements choices (similar profile) for this stock in a Portfolio.
Thanks in advance
Q: What is your view on the VNR takeout. Seems to me there could be a good chance for a rival bid as the premium is not huge and there has been considerable corporate activity(buyouts ect.) in the North American utility space. Do you expect this is a done deal OR potential bidding war?
Q: Have a bit of cash for some income to purchase one stock, which one would you prefer and why looking out 12-24 months.
Thanks
Anthony
Thanks
Anthony
Q: Please comment on the recent quarter and the prospects for 2019 for VNR and RUS.
Regards,
Rob
Regards,
Rob
Q: Opinion on this stock please...