Home/2018/July

Messing with the “Canada Revenue Agency”

Okay. Not really the Canada Revenue Agency (CRA) hence the quotation marks. I strongly suspect most people have received some (several) scam calls. The scam might differ but the end game is the same. I share my recent experiences because I want to warn as many people as possible not to fall for these con [...]

By |July 17th, 2018|Miscellaneous|Comments Off on Messing with the “Canada Revenue Agency”

Sometimes You Just Have to be Patient

This global fintech leader provides investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. Long-term shareholders have generated significant returns but its current valuation appears to be somewhat stretched. Summary This company has doubled its revenue since being spun off as a separate legal entity in 2007. Growth has been such [...]

By |July 16th, 2018|General Investing|Comments Off on Sometimes You Just Have to be Patient

Price is What You Pay. Value is What You Get.

This company has increased its dividend for 35 consecutive years and its total return to shareholders over the 10 year period ending December 31, 2017, including reinvested dividends, was 80.2%. An investor who acquired 100 shares for $1,110 when the company was founded in 1955 and never sold them would now have 375,960 shares. Summary [...]

By |July 14th, 2018|General Investing|Comments Off on Price is What You Pay. Value is What You Get.

A Long-Term Wealth Creation Machine

This company's Cash Return on Investment (‘CRI’) key operating metric is used to measure the performance and value of the company's operating businesses and potential acquisitions. By applying CRI principles throughout the organization, Roper can focus investment on areas that will increase shareholder value, drive cash flow growth, and minimize physical assets. Summary The company’s [...]

By |July 13th, 2018|General Investing|Comments Off on A Long-Term Wealth Creation Machine

Alimentation Couche-Tard – A Canadian Success Story

Summary Alimentation Couche-Tard released its Q4 and FY2018 results at the close of business July 9th. On March 22nd, I wrote that the pullback in the company’s stock price presented investors with a window in which to acquire shares in the world’s 2nd largest convenience store operator at an attractive valuation. The company is now [...]

By |July 10th, 2018|General Investing|Comments Off on Alimentation Couche-Tard – A Canadian Success Story

The Importance of a Power of Attorney

A Power of Attorney for Property and a Power of Attorney for Personal Care are critical documents yet so many people never put them in place. This article touches upon their importance and why they should be kept current.   I strongly suspect you have heard or read about an individual who is no longer [...]

By |July 9th, 2018|Miscellaneous|Comments Off on The Importance of a Power of Attorney

Get Paid to Wait for This Undervalued Company to Appreciate in Value

This publicly listed partnership generates substantial cash returns. The units are currently undervalued but you receive a yield of ~6.65% while you patiently wait for the stock price to more accurately reflect the value of the underlying assets. Summary Making money in equities involves finding well managed companies that are undervalued. As at the end [...]

By |July 3rd, 2018|General Investing|Comments Off on Get Paid to Wait for This Undervalued Company to Appreciate in Value

3 Overpriced High Quality Stocks

Three high quality companies recently released earnings and guidance. Despite strong results and favorable earnings projections, investors have bid up the stock price of these companies to levels where there is a disconnect between the underlying fundamentals and the company's valuation. Summary Even investing in high quality companies can result in inferior investment returns. Investing [...]

By |July 1st, 2018|General Investing|Comments Off on 3 Overpriced High Quality Stocks