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Sunday, April 29, 2018

Lassonde Inc. (LAS.A): the star of the moment on the TSX

It feels quite great to see the TSX exceeding the 15 600 points value this past Friday! I so wanted to see my old 15 600 points back - and I got it after all.

I had been investing in stocks for something like a decade now and its the first time that I ever notice technical problems with the TSX. This is the official message that appears in my trading account: "At approximately 1:40 p.m. on Friday, April 27, the TSX, TSX Venture, and Montreal Exchange closed early due to technical issues." The "approximately" part is quite intriguing, like if the authorities wouldn't even know at what time the TSX stop trading.

My RRSP portfolio (stocks only) closed today session at $37 471.02 , my non-registered portfolio at $185 311.28 and my TFSA portfolio at $68 987.74. Among the great things going on right now, despite the technical problems that affected the TSX this past Friday, my investment in WSP Global Inc. (WSP) is doing quite well. WSP is currently on a gain of 23% inside my non-registered portfolio. Susan Brunner recently posts her review of WSP on her blog. She also posted recently about Fortis Inc. (FTS). I registered a gain of more than 63% on the back of Fortis Inc. FTS had been in my portfolio for a really long time now and its a really good investment, despite recent trouble with its value. It went back a little, but that's what stock do, they go up and down, but what matter is to be able to profit from the stock, despite it all. At 63% gain, I am not doing too bad on Fortis at all.

Other than WSP and FTS, another stock that is beating all expectations is the fabulous Lassonde Inc. (LAS.A). This past Friday session, LAS.A gained 2.42% - maybe it could have gained more if the TSX would have been opened like it should be. 

One last announcement, Parkland Fuel Corp (PKI) closed this past Friday session on a little gain - which is extraordinary.

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