Duke and Duchess of Cambridge, William & Kate face protests in Montreal, July 2, 2011 - I know, Quebec suck!

Ok, I end my work shift at 5pm and following what, I run to the Institut de Tourisme et d’Hôtellerie du Québec. Fortunate enough, my weekend job is located not too far away from the Institut on St-Denis. When I arrived, around 5:30pm, there was already a crowd, but a crowd of protesters. The crowd was on St-Denis, facing the Institut de Tourisme et d’Hôtellerie du Québec. I saw a flag which was unknown to me, I later learn it was the “Patriote” flag, red, green with a man in the middle. A very strange flag. I didn’t know what I meant, but the flag scare me and I didn’t want to stay on the front with the crazy protesters. Because yeah, they were crazy. See here the pictures of protectors. Those were taking on St-Denis, right in front the Institut de Tourisme et d’Hôtellerie du Québec, just before William & Kate arrived. I look for Amir Khadir, the poor guy who said of the royalty that they were parasite, but Amir Khadir was not there. And trust me, I look for him. So when I say that Amir Khadir was not there it's because he was simply not there. I wanted to talk to him and let him know the shame he was giving to Canadians like me. That will happen for another time because, as said, Amir Khadir, the Canadian parasite was simply not there.

I didn’t want to stay in front with the ugly Patriote flag so I went all the way down to St-Denis, turn to my left, and left again... There it was much better. People waiting there were pacific and were happy to wait for the arrival of William & Kate. I had the chance to stand behind some real British people with the accent and everything. They had a flag bought directly from England. Take a look. So awesome!

 And the crowd was much better in the back that on the front. Take a look:

Me too, I got tired of waiting at a point... but it was fun!

 And here they are! William and Kate:

LOL!

I know, we don’t see William & Kate in none of those pictures. I am very sorry, but I did the best I could! When William & Kate arrived, it went very quick. They arrived. They went in immediately without any interference with the crowd. And here in Montreal, there were no other possibilities because of the protesters. In all other places worldwide, except Montreal, William & Kate will make public appearances, interfere with crowd. This is quite very sad that it did not happen in Montreal and this show the poverty of Quebec, of their system and of their poorly educated population.

As Canadian, I believe that we have the richness we have now because we are part of the Commonwealth. Back in history, England had done more to Canada than you can ever imagine and right now, we are living the result of history. I am saying this even while being Acadian, French descendant. My family name is typically Acadian and belongs to one of the first families who established themselves in New Brunswick. I don’t know more than that unfortunately as I never pursue genealogy studies – I am keeping that for a hobby when I will be a senior – but fact is, I had been born and raised in New Brunswick, and that family name you know. So that makes me Acadian from my father side, probably.We cannot change history. Deportation happens in 1755, it was a bad thing, of course. 

But today as an Acadian, I can truly appreciate the England heritage to Canada. If Canada would have remained with France, we wouldn’t be where we are right as a country. You need to know what France as did to Africa to understand this. Some will denies, but France heritage to countries worldwide is nothing but shit. And when I used the term “Quebec shit” sometimes, where, you can now understand where the shit is coming from. I won’t elaborate more on this, but France participated in the Rwanda genocide, among other things. Canada has done it bad thing too, like with native people. I won’t deny it. As a Canadian, I know Canada is not perfect. History had been made for us to appreciate the glorious events, but we should never forget the mistakes made. And today protesters riot against the Monarchy, against William & Kate, against England well, that my dears was a mistake made by some stupid Quebeckers who are not intelligent enough to measure properly the importance of England to Canada. I understand it today despite being Acadian having deep Acadian roots. And it make me the person I am today, who’s able to think and make good financial decision for me myself and I AND to the benefit of my readers, like YOU. Lucky damn readers! I envy you :9)

Stay tune because I am not done yet, more stuff about the William & Kate Royal Tour in Montreal!

The new Solidarity Tax Credit of Quebec province to start on July 5, 2011

This means that on July 5, I will be receiving 2 tax credits: the federal one and the Solidarity Tax Credit.

According to Revenu Quebec, more than 2.5 million tax payers qualified to receive the new Solidarity Tax Credit. Despite the fact that my 2010 annual income has exceed the 40k$, I still qualified to received the Solidarity Tax Credit. 40k$ is not that much of course, but it’s an interesting amount of money for the single one that I am. I will be receiving less than 40$ for a couple of months and following what, I will be receiving a bit more than 50$ per month from the Solidarity Tax Credit.

Nice. But what is that new Solidarity Tax Credit is all about? Well, Quebec province came with the Solidarity Tax Credit after deciding to cut the QST credit, the property tax refund the credit for individuals living in northern villages. Starting July 5, the Solidarity Tax Credit is set up to be paid on a monthly basis.

Knowing that taxes have increase in Quebec – for example, just for the Quebec health system, Quebec has add a supplement of 25$ in annual taxes – the Solidarity Tax Credit is simply a way find by Quebec government to give candies to citizens, so satisfy the anger of high Quebec taxes. Because taxes are being increase in different sectors, the Solidarity Tax Credit is of no benefit at all to individuals with low income.

I had been living in Quebec province for a couple of years and each new year make me hate Quebec a bit more each year. While living in Quebec, I never went see a family doctor, I never got hospital, I never went to the emergency room, I never visited a CLSC for a medical visit. NEVER. This mean that I am currently paying taxes on health services that I do not benefit myself as a citizen. The reason why I deprive myself of any medical visit while being in Quebec is that in this province, the medical cares are of an extremely poor quality. While suffering from the flue or small decease, better to stay home because here in Quebec, waiting delays at the emergency room are enormous. In New Brunswick at least you can see a doctor within a few hours. Also, Quebec doctors are not very good. Many medical mistakes are being made and truly, I love myself too much to trust any Quebec doctors. The whole Quebec system do not worth shit and the Solidarity Tax Credit is another piece of Quebec shit.

Anyhow, if you are a Quebec resident and have files your 2010 taxes in Quebec, the only thing needed to receive the Solidarity Tax Credit is to register for Direct Deposit online service. Because Revenu Quebec is willing to create a buzz around the Solidarity Tax Credit, they had created a tool that allows citizens to determine the amount they will be receiving from the credit for the next couple of months.

Happy Canada Day!

Some good dividend had arrived in the house today! I received 61.20$ from Davis + Henderson Corp (DH), 9.35$ from iShares S&P/TSX Capped REIT Index (XRE), 9.12$ from Atlantic Power Corp (ATP) and 16.57$ from Methanex Corporation (MX). I should be receiving Just Energy dividend very soon and I cannot wait! But when it comes to dividend earnings, nothing is going to beat this upcoming July 15. The month of July is going to be similar to April. On July 15, I will be receiving dividend distribution from KBL, PGF, NFI.UN, STB, DGI.UN, WTE.UN, GCL, WEQ.UN, EIF, JE and PPL. The amount received will probably be very good.

Atlantic Power Corp (ATP) to increase its dividend distribution by 5% following the acquisition of Capital Power Income L.P. (CPA.UN)

One thing know for sure is that Capital Power Income L.P. (CPA.UN) is no longer offering its DRIP program. This does not affect me personally in any way since I hold just a couple of shares of CPA.UN. Despite cutting its DRIP, CPA.UN will continue to pay its usual monthly distribution until the deal with ATP is closed. CPA.UN made this announcement on June 30. The reason behind is that Atlantic Power Corp (ATP) had acquired Capital Power Income L.P. (CPA.UN). This is quite an interesting situation because I am a shareholder of both Capital Power Income L.P. (CPA.UN) AND Atlantic Power Corp (ATP). The acquisition of CPA.UN by ATP had been planned a long time ago. The acquisition project had first been announced in October 2010, way before I become a shareholder of CPA.UN and ATP. As long I am concern, I don’t think a final acquisition date had been announced yet by ATP, but it will be interesting to see how things will go through.

I plan to hold my CPA.UN shares anyway. When time will come, my CPA.UN stocks will transform into ATP stocks. ATP so far had been a great investment, easy to hold. I am especially happy when I see ATP exceeding the 15$ per stock and most of the time it does. Following the acquisition of Capital Power Income L.P. (CPA.UN), Atlantic Power Corp (ATP) will increase its dividend by 5%, from a current 1.094$ to 1.15$. All of this is quite positive. At the end, ATP will only become a better investment for the long run and it will be quite a benefit for ATP and CPA.UN investors.

This is a demonstration of how well dividend investment is simple and easy. The dividend investment of Derek Foster has worked extremely well for me. While investing in good companies who pay dividend, I lay back and simply watch the arrival of dividend distribution accumulating in my broker account. I am registered to a DRIP for all holding, so whenever a dividend distribution can generate an extra share or 2, or more, it does so. And fact is, the portfolio is quickly gaining in value very easily. I think I really needed to through my day trading episode to come to the conclusion that dividend investment is made for me. Nothing fancy, nothing complicated. Easy as 1, 2... and 3.

Thomas Kloet TMX Group Inc. (X) CEO is the loser of the losers

While another month is about to end, this is actually very hard to believe. I was very disappointed today when I learned that the TMX Group Inc. (X) had decided to cancel the merger of equals deal. June 30, 2011 was supposed to be the big day, but the TMX Group call it quite one day before, without giving the chance to shareholders to speak their mind about the merger of equals. 

While canceling everything in a move a panic, TMX shows sign of an interior poor leadership. CEO Tom K should resign. The TMX should have gone through this all the way and give shareholders the opportunity to vote for or against the merger of equals. We’ll never know for sure if the deal could have gone through or not. A vote is a vote and has only value once accomplished. It would have been interesting to get the result of the vote. 

By calling it quite, Thomas Kloet and his board are acting like complete losers. And now that the deal with the London Stock Exchange Group had been cancel, Mr. Kloet is now going to study the proposition of the Maple Group while he already said before that the Maple Group proposition wasn’t valuable. So there’s a big contradiction in here. And worst of all, the TMX Group has to pay millions of dollars to the London Stock Exchange Group. 

Knowing that millions have to be paid in case the deal being cancel, the TMX Group should had giving the merger of equals its chance. The TMX Group shouldn’t have cancelled the vote, knowing millions were on the table. This demonstrates a poor leadership and this is not exactly very great for the image of Canada. Did Thomas Kloet got buy somewhere by banks? Would Thomas Kloet had been paid 300 000$ to cancel the merger of equals deal? Does the amount of 300 000$ sound familiar to you? Well, 300k is the amount that Brian Mulroney received in the Airbus Affair.

Here in Canada, financial crimes are not being paid the hard price and see the results. That’s what happening right now. Thomas Kloet is an idiot.

YES to the TMX Group Inc. (X) and the London Stock Exchange Group, NO to the Maple Group

On June 30, 2011, TMX Group Inc. (X) shareholders will be under the obligation to vote FOR the merger of equals. This need to be done to preserve the financial interests of Canada. Some will come with a totally opposite view, saying that in order to preserve the interest of Canada, shareholders need to vote against the merger of equals project.

Two days before the decisive vote, Jack Layton, a Quebecker born and raised in Montreal, Quebec province is suddenly manifesting some concerns about the merger of equals. Surprising? Not at all, knowing that major Quebec leaders and financial institutions are supporting the Maple Group. Jack Layton is certainly willing to support the Maple Group because in Canada, the New Democratic Party has become the official opposition because of strong support received in Quebec province. So Jack Layton position is one of a man willing to support his voters. It’s not in an optic to defend the interest of Canadians. Keep that in mind. It’s all about business here, but TMX shareholders like myself need to see clear in this foolish game.

The Caisse de dépôt et placement, Fonds de solidarité FTQ, National Bank and Desjardins Group are 4 major Quebec institutions that are taking part to the Maple Group. Major and poorly manage are two terms that fit best to those Quebec financial institutions. Not to forget who are Quebeckers in their essence.

For decades, selfish hypocrite Quebeckers have vote for the federal political party Bloc Québécois. From 1991 to todays, the party devoted itself to the protection of Quebec’s interests in the House of Commons of Canada, making the Bloc Québécois a sovereigntist party in Ottawa. While trying to please the fools, Canada Prime Ministers of all time had to spend a lot of time and energy on Quebec province. This drive Canada to the Sponsorship Scandal. The scandal result in good intention from Canada to enhance Quebec inside a united nation. But as always, Quebeckers destroy the good intention and f the whole thing.

The Sponsorship Scandal is similar to the Airbus affair. While being Prime Minister of Canada, Brian Mulroney accepted 300 000$ to promote Airbus inside the government. The bastard!

Never forget, always remember: Quebec is the shame of the Canadian nation. When it come to defend Canadian interests, Quebeckers need to back off because they never been able to match the level of efficiency of Canadians. Quebec eternal taste for glory is going to be short and sweet. On June 30, 2011, I am 90% sure that common sense will win and that vast majority of TMX shareholders will vote in favour of the merger of equals proposed by the London Stock Exchange Group. There’s no other issue. Canada needs to escape from an exclusive “bankers power” present in the Maple Group and, even more important, Canada need to remain far away from any Quebec power.

Quebeckers have to understand that they are part of a distinct society and that they don’t have any major role to play in the Canadian economy. We can do without Quebec and I hope that one day, Quebec province will separate from Canada. Let’s the Quebec fool play between them and between them only so Canada can finally shine.

Voting for the merger of equals equal a vote for Canada, a vote for the liberty of capitalism, a vote for the evolution of our exchange.

I vote for the merger of equals project on June 24, 2011 on St-Jean Baptist Day, to remember my vote forever. On June 24, I screamed a big NO to Quebec by voting FOR the merger of equals. Take that Quebec! And... oh... BACK OFF QUEBECKERS, BACK OFF FOREVER. Don’t come and mess up with Canadian interests. I think the message is clear now.

There was a lot of screams in this post, I hope I did not scare you too much. But at least, I did what I could. I want Quebec province to be totally out of the big scheme. I want  them to suffer, I want them to realize that they had missed their chance to become part of something they cannot measure the importance. To Love Canada is to hate Quebec. The province must be destroy and neglect from Canadian authorities and right now, well, Stephen Harper is doing the job quite well.

:0)

Yellow Media Inc. (YLO): a BUY, SELL or HOLD?

Before selling Yellow Media Inc. (YLO) on May 3, 2011 at 4.65$ per share, I was a long time shareholder of the company. Selling a long time asset is not something easy to do, but in the case of Yellow Media Inc. (YLO), it was absolutely needed. I did not lost the original investment made in the sell, but I lost about 300$ value that had been reinvested through the DRIP. At this point of my investment journey, everything is going very well. I went through the stock market crash of 2008. It’s certainly not now that I was going to lose valuable money in an investment. That’s why that on May 3, 2011, I sell all asset of YLO.

Afterward, I had received a few stocks resulting from my DRIP. I had called TD Waterhouse and they had been kind enough to sell my few stocks left at no charge. I am extremely grateful to TD Waterhouse because I no longer want any bad investments in my portfolio. I still have my stocks of Timminco (TIM) left in and that’s the only bad investment that remain in, as a tragic souvenir that even stock guru like Eric Sprott can make investment mistake. I now have myself as main guru and I never been doing so well since the time I told myself never again. No more investment tragedies. This is the kind of event you want to live once in a lifetime, not two or three times. That’s why I decided to sell, on the fatidic date of May 3, 2011, my investment in Yellow Media Inc. (YLO). No more tragedies. Eric Sprott has been my guru but he’s no more. I am now my own guru, that’s way much better, don’t you think so?

In 2007, I was mostly invested in mutual funds and I was reading Gordon Pape mutual funds reports. Fun, but there was way too much information available and the lazy girl that I am quickly turn down Gordon Pape mutual funds reports. Gordon Pape wrote about the current Yellow Media Inc. (YLO) tragedy. Because yes, what’s happening right now with Yellow Media Inc. (YLO), yes, I call it a tragedy, a disaster that some Quebec poor leaders are responsible of. And remember, I am on the stock market to win. To lose money because of Quebeckers. Never again.

So what’s the link between Yellow Pages and Gordon Pape? Well, Pape had written a chronicle appearing in my broker account at TD Waterhouse. From what catch me, it wasn’t a sell or purchase advice. It was a sell if an investor cannot support volatility and it was a buy for investors who can support risk. I absolutely hate those kinds of advices. Investors are in big need of real good advice. Not a gray zone. A Buy or Sell or Hold. Nothing in the in between. I want to know right now what I need to do for myself. Most of the time, I find the answers by myself.

In my investment journey, I had been very lucky. Lucky to have good people sending me from times to times emails, investment ideas, etc. etc. etc. Want to know what the emails are saying? Well, a few years ago, a man that I constantly refer to in my blog as the mountain lion hero aware me of Yellow Media Inc. (YLO), that it wasn’t a good investment because of Google and a lack of inside management of YLO, no long time vision for the company. That’s all I will say to keep it short. 

I am writing this because some investors, also Dividend Ninja, knew a long time back that YLO was not a winner pick. So we have here Dividend Ninja AND the mountain lion hero. So I don’t understand when Gordon Pape keeps it in a gray zone when it comes to YLO. And I hate that. That's it. I hate it.

It’s not going to get any better for YLO unless they get buy by a competitor. It’s over for YLO. It is not a value stock. YLO may be attractive for their high dividend yield, but when we’ll be facing another correction, YLO won’t be able to support it and may become, at that time, a penny stock, trading at less than 50 cents per stock. YLO high dividend yield is a trap. Remember who’s behind YLO management: Quebeckers. YLO management team do not have enough judgment to decrease their dividend. More sophisticate investors do not even invest in high dividend payer companies because they know it’s a trap. It’s irresponsible coming from YLO to pay a dividend yield exceeding the 10%. Absolutely irresponsible. 

I would like Gordon Pape to act like a financial guru and go with a BUY, SELL or HOLD when it comes to YLO but he didn’t. Back in 2007, I did not get what I wanted with Gordon Pape and in 2011, still the same thing. Who is that man anyway? Who is Gordon Pape? A Quebecker?

As for myself, on May 3, 2011, I took the best decision ever by selling Yellow Media Inc. (YLO).

Yellow Media Inc. (YLO)? SELL. Your money deserves better. Go with the dogs (TRP, CNR, etc.), not small players showing off the big yield just to impress and show it all. YLO is to be happily flush from your investment portfolio ASAP.

On the road to (finally) sell Horizons BetaPro COMEX Silver Bear Plus ETF (HZD)

To begin, here’s today data according to TD Waterhouse:

Portion of the margin account that been used: 39 978.78$
Non-registered portfolio value: 111 351$
Money left available of the margin account: 21 518.13$

My investment portfolio is stable despite the financial storm going on right now. As long my margin account exceed the 20k in funds available, I think I will be able to go through this without too much trouble. Because storm is. Some analysts said that we’ll be facing soon another recession (but we’re already in one right?) and some other are a bit more optimistic and say we are on the way for recovery, but it will take time. As for myself, I prefer to manage my portfolio like if an upcoming second market crash would be on it’s the way. Better be ready for the worst. Personally, I don’t think we’ll be facing something as huge as the 2008 stock market crash. I think the market will be very volatile in the upcoming weeks and that’s why I am now more focus on having quality asset rather than high dividend yield payers. While focusing on quality asset, you’ll be protecting your portfolio to any eventually tornado.

Currently, my goal is to sell at 8$ per unit my investment holds in Horizons BetaPro COMEX Silver Bear Plus ETF (HZD). This will bring more than 3k on my margin account. Following that sell – that I feel could be completed for this week – I would like to invest in a couple of shares of TransCanada Corp (TRP). This is very unfortunate because today was the latest day to invest in TRP in order to benefit from their dividend. I need very strong assets in order to go through an eventual stock market crash and TRP can do the job. I wanted to invest in TRP for a very long time now. Usually, it doesn’t take me that long to invest in something I really want to add to my portfolio. But at this time, I feel important to go with one thing at a time. First, sell HZD and after, invest in TRP. I want to remain at 20k+ on the available portion margin and for that, I need to stay in control.

Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) closed today session at a fantastic 7.37$. Good, but still far behind the 7.79$ I had purchased HZD. But I remain confident. In case of a sudden luck, my sell order is out there and ready to go. If this can be completed before I go in vacations, it could be absolutely perfect. And then, I could add another dog in: TransCanada Corp (TRP). Basically, that’s the plan.

A good investor has to listen to good music: you have that with Soul Rebels Brass Band

Yesterday started the Montreal International Jazz Festival. I went yesterday and today after work and it was awesome. Tonight, Montreal got a taste of New Orleans with Soul Rebels Brass Band. It’s was an amazing show and I was right in front! Enjoy the video! This is my first YouTube video took front my iPod. I got the chance to be in the front row! This is Soul Rebels Brass Band on June 26, 2011. What an amazing show! Those guys have the groove!

On Bay Street, First Majestic Silver (FR) is the hot thing

The data for June 24, 2011 were quite good despite the actual market situation:

Portion of the margin account that been used: 39 973.52$
Non-registered portfolio value: 111 497$
Money left available of the margin account: 21 596.35$

I am still monitoring closely my non-registered portfolio and I think I will be doing this for the upcoming weeks. Monitoring very closely help me to stay in control. The control create an illusion of security. No matter what I do, if the market crash my portfolio will be crashing too and there's NOTHING I can do about it, if not stop investing in stocks. But that's not going to happen soon.

As long my margin balance left is of more than 20k, I don’t care too much about the market fluctuation. And no one should very care. Being too attentive too what’s going on with the Toronto stock market could possibly caused a panic attacked to anyone. Having going through the stock crash of 2008 help of course. But even before, the market was volatile. It always be and will always be. I decided to invest in stocks for my own benefit. There’s a lot of money to be made and so far in my journey, my gains always exceed the capital loss.

For my part, one way I had come with to fight the market volatility is by responding with diversification, which is known as asset mix. I don’t have a specific formula for diversification. I invest in what interested me, keeping in the back of my head the diversification rule, in sectors, and companies. My main rule is to keep it diversify, and not to invest too much money in the same spot. Those are the simple basic rules that I follow. And fact is, it’s been working quite well for me.

Colabor Group Inc. (GCL) closed today session at 10.12$. While exceeding the 10$, GCL is showing positive signs of recovery. Dumont Nickel Inc. (DNI) closed at a good 30 cents. I am still on profit mode with DNI, and I don’t plan to sell anytime soon because there’s good chance for Dumont Nickel Inc. (DNI) to come with some interesting mining development in a close future. And when it will happen, DNI will worth much more.

Another good surprise resides in WesternOne Equity Income Fund (WEQ.UN). On March 15, 2011, I made the very smart decision to invest in WesternOne Equity Income Fund (WEQ.UN). At the time, I acquired hundreds of stocks at 5.40$. Just to let you know... WEQ.UN closed today session at a very strong 6.55$! Those kind of good gains help to keep certain stability. Some other titles of my portfolio are not performing too well. It’s seemed to be a difficult time for Sprott Inc. (SII), EnCana Corporation (ECA) and Just Energy Group Inc. (JE), among other. Watching MY JE falling under the 14$ is not fun. Not fun at all. But, because my portfolio is diversify, gainers help the losers of the time.

If it continues like this, I may be able to sell Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) very soon. HZD closed today session at 7.07$. A couple of weeks ago, I had invested in some units at 7.79$. I had set myself an automatic sell order at 8$ per unit. The sooner the order goes on the better it will be. I had invested in HZD with the intention to sell on the same day to generate a small profit. I had been victim of a turnover and I wasn’t able to sell HZD at profit on the same day. However, this had been good learning experience. Never again will I gamble and try to time the stock market.

Day trading had brought in something really good in my investment portfolio: First Majestic Silver Corp (FR). While performing day trading the way I had explained it previously, I came through this Canadian company I had never heard about, First Majestic Silver Corp (FR). Fact is, First Majestic Silver Corp (FR) produced the purest silver of world. You can learn more about FR right here.

Since the silver crash, a lot had been said about silver. Actually, a lot had been said about silver before and after its crash. I had learned this: despite silver value going down, companies in silver mines will continue to raise profit. Why? I will refer to this previous post. Currently, there’s not enough of silver to cover the demand. Silver is greatly needed and the economic boom in China is only increasing the demand for all type of metals, including silver. And this is where it’s getting interesting.

On June 19, 2011, Julie Gordon for Thomson Reuters reported that US analysts recommended selective buying of silver miners. And among the selection, we find First Majestic Silver Corp (FR). Analysts recommend investing in silver mines because no matter how much silver worth, silver mines are in good position to boost profit. Reason behind is that precious and non precious metals are in high demands. Remember what Eric Sprott had said about silver. And there you go, you got a killer stock in First Majestic Silver Corp (FR) and, best of all, it’s Canadian and produces the highest pure silver quality of Earth. Is that enough powerful for you or not?

I had personally invested just a little in First Majestic Silver Corp (FR) and I am very proud, as you can imagine of my acquisition. But you need to be aware; FR is quite sensible to the market volatility and is not very stable. However, FR being sensible to the market make it a great investment for grow. Despite the fact that FR doesn’t pay dividend, at least not for now, I am willing to hold FR for now to later on, of course, see it EXPLODE in profit. Now, the only problem being would you be in when it happen? But that is not in any way my problem. It’s only yours.

Another stock market review by the Dividend Girl: it will never stop

I knew it, the TSX wasn’t going to stay over the 13 000 points for very long... Yesterday, I closed with more than 22k available on my margin account. I currently have a bit less than 22 000$ available. I don’t have any cash available and the next time I will be able to proceed with another 1 000$ deposit on my margin will be in the middle of July, just before leaving for my vacations. I am just hoping for a more or less stable market situation until the beginning of August, if it’s not too much to ask.

No opportunities of selling HZD at profit had presented itself. It’s a good thing in a way, because it’s not anytime soon I will be gambling my money over day trading. Never again. Overall, the portfolio is doing well. I had received a good dividend payment today of 40.77$ coming from Exchange Income Corporation (EIF). My fantastic Just Energy Group Inc. (JE) closed today session at less than 14$ per stock. Usually, JE is always exceeding the 14$ per stock. Seeing it under is just adding pressure. Pressure of adding more diversification in. I am not looking to sell what I currently hold of JE in any way, just a notification of a market volatility hitting the hard way. I don’t like to have EnCana Corporation (ECA) under the 30$ mark. All the good gain had disappeared by magic, just over the deception of a deal that never go through with PetroChina.

Some stocks of mine are being treated roughly on the market, but some other are doing extremely well: WesternOne Equity Income Fund (WEQ.UN), DNI Metals Inc. (DNI) and Student Transportation (STB) just to name a few. Colabor Group Inc. (GCL) is going back on track. GCL may be able to reach its old 12$ per stock once the market will be more stable. New Flyer Industries Inc. (NFI.UN) is going through some real challenge.

NFI.UN slowly prepared its transformation into a corporation. From my understanding, the dividend distribution should remain the same. NFI.UN is quite difficult to hold, but I am confident in the company. I am in to stay. Selling now and declaring a capital loss is not something I am into when it come to New Flyer Industries Inc. (NFI.UN). On June 21, NFI.UN announced they had been selected to supply 27 transit buses for the City of Sorel (province Quebec). Previously on June 16, New Flyer Industries Inc. (NFI.UN) signed a three year agreement with Metrolinx in order to produce 287 diesel transit buses. This contract has a value of $114 million! Quite good, knowing the economic situation of this time. So I think New Flyer Industries Inc. will be a winner on the long run. No need to sell and report a capital loss on this one.

The London Stock Exchange Group had come with this brand new idea: pay current TMX Group Inc. (X) shareholders a special dividend of 4$ per stock once the merger of equals deal closed and completed. I could barely believe it when I read the good news yesterday, I was in heaven. I invested in some stocks of TMX Group Inc. (X) at 41.97$ several months back, when the merger of equals project became public. That was on February 10, 2011. This was a very great move of mine. Back in February 2011, the announcement of the merger of equals totally captivated me. An investment in X was not needed, it was a necessity. And here I am today, having the chance to speak my mind of the merger of equals. Not only that, but I am going to cash big on this!

I made the decision to vote in favor of Xavier Rolet merger of equals project because from my perspective, the Maple Group proposal is a complete nonsense. Banks and pension funds cannot take care of the Toronto Stock Exchange PERIOD. The TMX Group Inc. (X) made the decision to sell its business, this decision had been taken by a group of specialist and if Tom Kloet, CEO, TMX Group made the decision to team up with the London Stock Exchange Group and Xavier Rolet, well, I won’t go against his will. A failure in the deal of the merger of equals could cost the TMX Group million of dollars. If the majority of X shareholders vote against the merger of equals, TMX will have to pay to the London Stock Exchange Group 10 million of dollars. And reverse is also true. If shareholders of the London Exchange vote against the merger of equals, London will have to pay TMX 10 million of dollars. If TMX is being hit behind by Canadian authorities, the Group will have to pay not 10 but 39 million to Xavier Rolet.

You can be sure that both Tom Kloet and Xavier Rolet know what they want and to establish such deal, they might be almost 100% sure that it will go through. The merger of equals is truly fascinating and the monster is going to bring a great deal of cash to me, shareholder of TMX Group Inc. (X). Following the merger of equals, London will become the center of the world. I hope UK people worth it. Canadians are giving themselves away. It’s all business, yes, but it’s also about building a stronger financial future for the UK and Canada. And I believe in such project. The Maple Group is a trap. Bankers of the Maple Group are being paid millions of dollars and they are part of a Canadian highly corruptible making million on the back of the middle class. But the middle class is smarter than them, and will vote, I hope, in favor of the merger of equals. Middle class and richer, for the merger of equals, there’s absolutely no other alternative and think about the cash, the stronger financial future and keep in mind, dear investors, the 4$ special dividend. Remember: life is all about money. Remember that. Time to show it all. It’s now show time for the TMX Group. Enjoy the show because I am quite enjoying it. ;)