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Tuesday, April 10, 2012

The performance of my investment portfolio in the stock market salvation

For the past couple days, the TSX had been down. I didn’t want to see the TSX under the 12 000 points, but for today, the worst had happen. It seem like the TSX will close its day behind the 12k points... However, things are not so bad for my portfolio. My non-registered portfolio is at $121 465.72. As long as I am exceeding the 120k, I am happy. Thanks to the blue chips add in the past several months in my portfolio, stuff like TransCanada Corp (TRP), Canadian National Railway Co (CNR), Enbridge Inc. (ENB), Agrium Inc. (AGU) and Canadian Utilities Limited (CU), my portfolio is extra strong. But of course, if the stock market continues to drop, no matter what I hold, I won’t be able to keep the 120k values for very long. I am unfortunately very aware of that. 

However, I remain optimistic for several reasons.

First of all, no matter how in bad shape the stock market is, my Just Energy Group Inc. (JE) is doing super great. We are almost back to the $14 per stock!!! What else can I say? I told you that my Just Energy was going to go far! And the best thing is that no matter that the TSX is down, JE is still going like a rocket! My investment value in Je is almost exceeding its book value at this point. It’s quite good. (I have invested almost 10k in JE!!). Do I like JE? Oh yes, really really much! Just Energy Group Inc. (JE) never let me down for very long.

Remember my little investment in Chorus Aviation Inc. (CHR.B)? Well, I made a cutty profit of $45 on it. It’s kind of growing strong, and that being despite the market condition. So it’d of kind of cool.
My PPL stocks are on their way to hit again the $30 per stock.

Seeing Canfor Pulp Products Inc. (CFX) hitting over $14 per stock is quite of a good sign too.
Luckily, I hold on to some stocks that are really performing well, no matter what are the market conditions.

Stock like Agrium Inc. (AGU), Bank of Nova Scotia (BNS), Canadian National Railway Co (CNR), Canadian Utilities Limited (CU), Chorus Aviation Inc. (CHR.B), Corby Distilleries Limited (CDL.A), Davis + Henderson Corporation (DH), Enbridge Inc. (ENB), Enbridge Income Fund Holdings Inc. (ENF), Exchange Income Corporation (EIF), Firm Capital Mortgage Investment Corporation (FC), Fortis Inc. (FTS), K-Bro Linen Inc. (KBL), iShares S&P/TSX Capped REIT Index (XRE), Methanex Corporation (MX), Pembina Pipeline Corporation (PPL), Pengrowth Energy Corporation (PGF), Student Transportation (STB), TMX Group Inc. (X), TransCanada Corp (TRP), Veresen Inc. (VSN), WesternOne Equity Income Fund (WEQ.UN) and Westshore Terminals Invest Corp (WTE.UN) are investments that are all exceeding their book value. 

Sometime I hit, and when I do so, I hit well.

In the other hand, other stuff that I hold remains stable, in their usual and they are not very exciting stuff to hold. It’s the case of Rogers Sugar Inc. (RSI), Sprott Strategic Fixed Income Fund (SFI.UN) and Horizons Gold Yield Fund (HGY).

And other stuff, unfortunately, are taking an in deep SHOCK, right from the inside out. Sprott Inc. (SII) slide below the $5 per stock value, which is frightening knowing that I hold more than 1 000 stocks of the Sprott darling. I don’t like to see Data Group Inc. (DGI) falling below the $5 per stock... And now, I am unhappy because yeah, Data Group Inc. (DGI) is under the $5... DGI can be quite sensible to the market volatility. EnCana Corporation (ECA) is under the $20... I don’t like to see that either, but ECA had sometime be under the $20, it’s kind of a usual situation now. 

No matter what, holding on could pay on the long run and I am not in a hurry to restructure anything because really soon, I will be holding some units of the JFT Strategies Fund and I hope that JFT Strategies Fund will gain value so much that I won’t be suffering much of the capital loss experimented with DGI, ECA, SII and a few other. That’s the plan. Basically, Jean-François Tardif is my saviour. I wonder what will be the loan value (for my margin account) of the JFT Strategies Fund once it will be out there and alive on the TSX. I would like a 30%, at least. Will the people of TD Waterhouse be smart enough to provide the JFT Strategies Fund a loan value of 30% to the fund? We’ll have to see. I didn’t receive my JFT Strategies Fund units yet. I don’t know if Jean-François Tardif is ready but I am, and I hope you’ll be ready too!! It’s going to be hot-hot-hot.

Another thing I cannot wait for to happen is the acquisition of the TMX Group Inc. (X) by the Maple Group. Once the deal done and completed for good, I will be earning more than 5k. Following what, I will be able to invest that amount of money in whatever I want... I am looking forward for a good REIT investment since I am not very much invested in the sector and another 2-3 things. But don’t worry for me, I have number of ideas just waiting to jump out.

April 30 is marked in red in my calendar.


Anonymous said...

I hate to break some news to you. Canadian National Railway is a Quebec company. Maybe it is time to sell it.

Anonymous said...

pay off your debt!

Anonymous said...

market crash is coming, you haven't seen the worse yet. you are way too optimistic and gullible that you will get burned in the end. insane level of debt 50% versus assets (volatile assets to boot!) of portfolio is debt, recipe for disaster...

Ruth said...

CNR being a Quebec company , wow..i did not know that. I was watching the business channel and H&R Reit was mentioned...have to look it up...JE is holding strong and great performance in the mess today. let's hope for $15.

Sunny said...

CNR has their headquarters in Montreal, but it doesn't mean anything.

BMO has their headquarters in Montreal, but its nothing more than bullshit. There's nothing going on in Montreal for BMO if not there chitty call center. The real center of BMO is Toronto, not Montreal.

In the financial world, Montreal is not an important strategic leader. Taxes are set way too high, Quebec politic suck and there's way too much corruption.

Everyone in the financial industry know that Montreal is not important.

Jean-François Tardif is a Quebecker, but the poor man didn't decide of his birth place. He'd been living for certainly like a decade or close too in Ontario. There's not too much of Quebec left in him. He speaks a perfect English. The man is no longer a Quebecker, if you want by point of view.

I am eternal stock market optimistic and look today....... the TSX baby is back to the 12k.

So tell me, how look smart now?


I am really that good, me and my 80k+ in debt and 170k+ worth of portfolio.

2 said...

Funny how your hatred towards anything related to Quebec is still alive. You should actually be considered one of them since your English language skills are by far worst than a typical Quebecker. And no, you don't have a portfolio worth of $170k. But hey... you're the best!

Anonymous said...

What's going on with Just Energy today? It's been going down quite a bit since last week. Was there some negative news released recently? I've even seen a couple of analyst rate this stock as 'DONT BUY'. Any comments?

Sunny said...

There's nothing wrong with Just Energy at this time. I don't know if you have notice, but for the past couple days, JE title was going up. It was recently hit the $14 during trading day not too long ago.

It could simply be the effect of investors selling JE to cash in the gain, that's very all.

However, I would recommend you to still hold JE. The title is a bit volatile, but JE is among my favorite. The dividend is reliable. A good company to hold.


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