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Friday, December 30, 2011

Today was the last trading day of the financial year 2011...

I just received some interesting dividend distribution:

Canadian National Railway Co (CNR): 9.75$
Davis + Henderson Corp (DH): 65.10$
Atlantic Power Corp (ATP): 21.94$

It’s looking good for the 7k in dividend income for 2011 that’s for sure.

On top of that, Corby Distilleries Limited (CDL.A) recently announced a special dividend of 1.85$ that will be paid on January 3. A 1.85$ is quite impressive! Because I am registered to a DRIP, I am going to get a good 9 extra stocks coming from the special dividend distribution. That’s quite some $$$. But that’s not all. Corby Distilleries Limited (CDL.A) increased its regular dividend from 0.14$ to 0.15$. Very impressive. I guess Derek Foster most regrets selling its CDL.A stocks now! I always enjoyed CDL.A. It’s a good reliable stock and the value it’s quite stable, the dividend is great too.

I am very curious to see if Sprott Inc. (SII) is going to have a special dividend for 2012. Sprott Inc. (SII) special dividend had been quite generous in 2011. Currently, Sprott Inc. 9SII) title had decreased in value, as well as the Sprott Physical Silver Trust UTS (PHS.U) and Sprott Physical Silver Trust ET (PSLV). Eric Sprott precious silver is not performing well at this time but remember, Eric Sprott said that silver is going to be the investment of the decade so we have the whole decade to catch up... LOL. Way to go Eric Sprott! Love u always no matter what. I got screw up with your Timminco (TIM) and now, I am having it hard with your silver. See what you have done to me. And your Sprott Canadian Equity Fund is not performing well either these days. Retirement? Eric Sprott, it’s time to shake up things like in the old days! GO BACK TO WORK ERIC SPROTT. GO BACK TO WORK LIKE RIGHT NOW. AND MAKE BE RICH OK?

Ok, so this is all pretty interesting isn’t? But that’s not all.

Prepared yourself, because there’s going to have MASSIVE inside trading for the very marvellous Just Energy Group Inc. (JE)!

Not that long ago, Just Energy Group Inc. (JE) announced that it will gradually buy some of its own stocks because according to Rebecca Macdonald and his fellow business partner Ken Hartwick, who’s by the way, very handsome AND he’s also from the board of directors of another company I hold, Atlantic Power Corp (ATP), the JE stock is undervalued. Currently, JE trades around 11$. Last year, when I was on a Just Energy Group Inc. (JE) real buzz (I wrote many many times about JE and it kind of got into the eyes of some fellow investors-bloggers), well Dividend Lover sent me a document coming from CIBC and it was saying about JE that my VERY precious JE was outperforming (whatever, some people really don’t know what they are talking about) AND.... watch out right here.... the target price for Just Energy Group Inc. (JE) was 17$ PER STOCK!

In the meantime, we got hit by the trouble in Europe, kind of a recession in the US, etc. etc. etc.

Because of external factors, Just Energy Group Inc. (JE) was not able to hit the 17$ per stock but one day, that day will come. And Rebecca MacDonald knows that as well. In result of their internal acquisition, Just Energy Group Inc. (JE) had decided to cancel their dividend reinvestment plan. I am not very upset about it because this will allow me to keep a 69.75$ directly into my pocket. Rock on.

Today is the last trading day of 2011! Can you imagine?

And to celebrate, I really really wanted to invest in something. I did several searches, trying to find something that will catch my interest, but I didn’t find anything. I had a 600$ to play with. The 600$ will have to remain on the margin account at this time because I really didn’t find anything.

I am still through the same thing: it’s getting harder and harder to find interesting Canadian stocks to invest in. Because of my margin situation, I mostly invest in a non-registered broker account. Forget about TFSA. I have a bit of money in a TFSA broker account, it doesn’t count for the margin value.

It’s become more and more difficult to pick stocks for my portfolio, I had faced that difficulty before. At this point, i am at 7k in dividend or almost and I really want to extend the dividend to hit higher than just a 7k. Because a 7k is just a 7k. See what I mean?

Tonight, I am going out to our local casino located on a Malecite reserved. I need to win the jackpot. Something needs to happen.

I just watch at the news that the TSX loss 11.3% this year! I am happy with my result despite not being able to shine with extraordinary gains. But a girl does what she can do.

Wish me good luck, tonight is Casino night! 

Thank you and goodbye 2011 financial year.


Maritimer said...

Instead of looking for new investments, maybe it is time to average down some of your holdings currently.

For example if you own 100 shares of BNS for 54 dollars, then buy additional shares at its current price of less the 51.00. Increase yield and increase capital gain some year down the road.

Liquid said...

Getting a slot at the casino is always a bit of a gamble. Good luck D-Girl. And all the best in the new year. 2012 will be a great year for stocks, I'm sure!

Ruth said...

Hi Sunny,,love your blog and hope just energy hits the highs. can i come to the casino with u...i would love that..i have been very lucky in casinos...miss it very much. i guess you wouldn't be interested in doing is a winner and what do u care where it is located. i am up nearly 4 grand with my investments of 39 grand and that is not all the dividends counted. not bad ...thanks to you for pembina and bell aliant . best to you in the New Year and keep blogging.

Sunny said...

Hi Maritimer,

That's a good idea, but I am scared to hold too much of a company. That's why I prefer to always invest in something new each single time.

Thanks Liquid! I didn't win at the casino, but got some fun. I am in need of a good stock 2012 year.

Thanks Ruth and my best wishes for 2012! Happy New Year :)

Anonymous said...

Did you ever consider using podcasts on your blog instead of all text entries?

It might be easier than typing a entry for certain things.

Anonymous said...

Agreed with Maritimer. Posted on BNN for the 1st week in Jan is an interview with Michael Graham. He talks about long term investing & comes up with his 6 pack (the div aristocrats approach) of buy & hold investments. He claims to reallocate 2 X per year as needed between the 6 & no need to initially go beyond the 6. This may be UNdiversification to the max. Sunny: u sort of defeat urself by looking for more "blue chip" then running after stuff of lesser quality. As for the SB Brunner analytics, they have a place, but they lack in depth of understanding the marketplace & competitive risks for individual companies/sectors.

Sunny said...

Well, I don't know what you consider quality stocks but my latest investments had all performed well: CNR, AGU, ENB, TRP, FC etc.

It's not because my financial situation that I defeat myself.

Some of my investment like DGI, TIM haven't performed too well, but they are part of the past :)

I don't agree either on your comment about Susan Brunner, I think her analysis are very interesting and complete.

Actually, I don't agree with you at all.

Ruth said...

Sunny, have to smile when you answer anonymous, he is giving you some really excellent advice, an accountant would know his figures very well, i love advice from anyone in the professional fields as being married to a physics professor but i wouldn't take money advice from him but an accountant , is free too.


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