Q: The subscription receipts for Empire, EMP.A, are still not fully distributed. Do you think this indicates shares are fully valued, that there's not much more upside for a few years, or is the Safeway deal a game changer that could propel Empire to triple digits? I am +43% on a long position in <1 year. Thanks, J.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Curious on your take on the Safeway Canada acquisition. Would the best way to play it be via Empire or perhaps Crombie REIT (CRR.UN)?
Q: EMP.A is down a bit just now. Would this be a good time to buy? Scarce analysts give this stock a buy rating of about 3. Do you think that's realistic? RBC gives it a 3.27 buy rating. I'm looking to sell my DFN and put the money to work elsewhere.
Q: I am considering adding to my holdings of Empire (EMP.A) which I intend to hold for many years. I would appreciate your views on this as a rational purchase at this time. Thank you.
Q: As I recall you don't typically like IPO's... would appreciate your overall breakdown on EM (Emperor Oil)recent 12mil raise? Positive and negative please.
Q: I am considering adding to my position of EMP.A. I own it to provide some diversification into the consumer staples sector. I would appreciate your opinion of Empire as a long term purchase. Thank you.