Hello My Friends,

I hope you are all enjoying a day for rest and time with your families. Make the most of the celebrations held in honor of our great country and lets keep this wonderful experience safe for all time.

Happy Capitalism!

Lou,
Can I impose on you for an opinion on The North West Company. They have little competition in a healthy region, lots of govt. support for their customers—but the price keeps dropping. Good dividend, but is this stock worth holding or buying more? Would appreciate your opinion.

Morton

Hi Morton,
You are right the North West Company ( NWF.UN TSX)  has a nice business servicing rural communities in Canada, Alaska, the Caribbean and South Pacific, with food and general merchandise. Food makes up 75% - 80% of the business. The company sees growth in fuel and financial services. Continue reading →

I would appreciated your  opinion on  the  “TECHNICALS”  for  Gran Tierra Energy ( GTE TSX).

Thank-you in advance for  your insight.

Ben

Hi Ben,

You have picked a company that from a fundamental basis you want to love. I went over their Q1 2009 report and from an operations point of view and their financial results things look like they are going very nicely. Continue reading →

Hello My Friends,

This morning on the John Oakley Show on AM 640 a caller identifying himself as a proud unionist saw fit to denigrate New Canadians as the cause of economic strife in this country. For those of you who do not live in the Greater Toronto Area the city is in the middle of a strike by city workers leaving garbage to liquefy in the summer sun and city run day cares and pools to close. Continue reading →

If Nortel is sold outright rather than coming out bankruptcy a smaller company would this increase the chance that common shareholds would get something for their shares? Or would all the equity be given to the bondholders, secured creditors etc.

If they come out of bankruptcy there would likely be a new share issue and the old share would become worthless. Just like Air
Canada did.

 Your thoughts on this or any other Nortel outcome you see would be appreciated

Keith

 

Hi Keith,

The drama at Nortel Networks( NT TSX) will be ending soon, but not well for shareholders. The stock was suspended on Monday and will not trade again on the TSX until it is delisted after the close of trading on Friday June 26,2009. Continue reading →

A fantastic time was had at the Oakville Club with my host and friend Stephen.

Hello My Friends,

Today I had the great pleasure of arriving home, after a fantastic time at the Oakville Club with my host and friend Stephen, to the Empress telling me that the phone was not working and that the helpful people at Bell told her to check the connections.

Now if the Empress and I could trouble shoot a phone system I am sure there are all sorts of wonderful things we could undertake like small motor repair, but that’s not the case. I understand that telecom service providers want to down load all of the work they can on to their customers but sending the telecommunications all amateur rookie team to the task is laughable at best. Continue reading →

Is it worth keeping Talisman for another year ?
Lot’s of sizzle, no beef.
Thanks,

Haig
Toronto

Hi Haig,

It is always a good practice to ask when is enough enough? I would say that if you are looking at the move from the March 2009 lows for Talisman Energy ( TLM TSX)  you have a nice piece of Kobe beef right on your plate. Whether it will still be as tasty in a years time will require some work. Continue reading →