Q: Could you please explain the rationale for the following? TSU announced they will be consolidating 10 Common Shares into 1 New Common Share (~$269 CAD) Followed, at a later date, by splitting 1 Common Share into 10 Common Shares. Thanks.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello - I have been following TSU with interest since it's IPO in late June. It's had a nice run over the past 4 months. I'd like to know what your take is on: (1) the recent announcement that the company is hoping to have a 1 for 10 share consolidation followed by a 10 to 1 share split, and (2) whether you think it has potential as a good growth stock. Thanks
-
Express Scripts Holding Company (ESRX)
-
Brookfield Business Partners L.P. (BBU.UN)
-
Trisura Group Ltd. (TSU)
-
Brighthouse Financial Inc. (BHF)
Q: I have acquired shares in several new companies over time, as a result of spin-offs. Sometimes these are terrific, such as BIP.UN. I'd like to either add to some of these 'stub' positions or sell them to keep my number of stocks manageable. Can you please divide these four companies between (in your opinion) 'worth keeping and adding to', or 'sell to redeploy the proceeds elsewhere'. The four are Trisura (TSU), Brookfield Business Partners (BBU.UN), Express Scripts (ESRX) and Brighthouse (BHF), recently spun off from MetLife. Thank you!
Q: Can I have your opinion on this company, recenty spun off form Brookfield AM?
Do you see this as a solid investment?
Can a dividend be expected in the next year or 2?
Thank ... as usual.
Do you see this as a solid investment?
Can a dividend be expected in the next year or 2?
Thank ... as usual.
Q: Always a nice surprise from Brookfield, to find a new stock dividended-out into your portfolio. I see that it's a global (re)insurance company, or looking for global opportunities at least. When BAM dividends out small quantities, prices to tend to drop as they get sold out of portfolios. Assuming that happens in this case, is this a reasonable opportunity to purchase more, to build it into a small position? Is there a projected dividend pay-out that you can see?
Thanks very much...
Thanks very much...