Search Results for “dundee” – Page 2

Dangers of investing in dual class structures

Apparently some institutional shareholders are feeling the political pressure of the company’s ridiculously high executive compensation schemes. They’re voting against the “say on pay” resolution on the upcoming AGM. Major Bombardier Inc. shareholder and supporter Caisse de dépôt et placement du Québec is voting against the company’s executive pay practices at its coming shareholder meeting. … Continue reading “Dangers of investing in dual class structures”

The DREAM preferred share comes to an end

Dream Unlimited (TSX: DRM) had a class of preferred share (TSX: DRM.PR.A), which by virtue of their split from Dundee Corp (TSX: DC.A) had an unusual characteristic – it had a par value of $7.16/share, and was redeemable by the company or the shareholder at any time. In the meantime, it paid out a quarterly … Continue reading “The DREAM preferred share comes to an end”

Investment companies, agency, and Difference Capital / MOGO Merger

Most corporations that specialize in maintaining equity portfolios typically trade less than their component parts, simply due to the control issue. Shareholders generally have little control or say on when the company can reach their purported net asset values. Management usually has an incentive to not sell off their companies so they can collect salaries … Continue reading “Investment companies, agency, and Difference Capital / MOGO Merger”

Looking at the losers of 2017 (TSX)

Purely for reference – look at the victims of 2017 market action. A lot of gold, oil and gas, and Aimia! Some of these are also on the September 2, 2017 screen I did. The only difference with this table is that I did not restrict revenues and had a minimum market cap of $25 … Continue reading “Looking at the losers of 2017 (TSX)”

TSX Bargain Hunting – Stock Screen Results

I’ve been doing some shotgun approaches to seeing what’s been trashed in the Canadian equity markets. Here is a sample screen: 1. Down between 99% to 50% in the past year; 2. Market cap of at least $50 million (want to exclude the true trash of the trash with this screen) 3. Minimum revenues of … Continue reading “TSX Bargain Hunting – Stock Screen Results”