Summary BR shares dropped ~9.7% upon the November 6, 2018 release of good Q1 2019 results and the reaffirmation of encouraging FY2019 projections. In my August 7th article I indicated I was of the opinion that BR shares were overvalued and that investors should wait for BR shares to pullback. BR’s FY2017 – FY2020 growth [...]
During my journey to financial freedom I have continually strived to invest in high quality companies. In this post I disclose all the companies in which shares are currently held in the FFJ Portfolio and in undisclosed accounts. This is an updated from my October 9, 2018 post. Subsequent to my October 9, 2018 [...]
Not all investment decisions are made solely on a company's financial performance. In the case of my long-term investment in Philip Morris (PM), I no longer am willing to accept that I have invested in a company which provides no benefit to society. I have decided to liquidate my shares in Philip Morris and to [...]
On August 27, 2015 I initiated an 'experiment' to determine which company would generate the best investment returns over a 20+ year time frame - Chevron (CVX) or Exxon Mobil (XOM). As at November 3, 2018, the value of my current CVX holdings is ~$10,000 greater than the value of the XOM holdings; dividends are [...]
Summary Enbridge released its Q3 results on November 2nd in which it reported a GAAP loss of $0.09B or ($0.05)/share for Q3. This included the impact of a number of unusual, non-recurring or non-operating factors. Q3 Distributable Cash Flow (DCF) was $1.585B versus $1.334B for Q3 2017. Management reaffirmed FY2018 financial guidance with the DCF/share [...]
Church & Dwight (CHD) released its Q3 2018 results November 1, 2018. Mr. Market promptly bid up shares over 9% by the close of business. CHD is a high quality company which focuses heavily on Free Cash Flow and its Cash Conversion Cycle which is more that can be said for other publicly traded companies [...]
This is my October 2018 FFJ Portfolio dividend income update. The portfolio was created in January 2017 for the purpose of demonstrating how investing in well managed companies with competitive advantages can assist investors in reaching their long-term financial goals without the need to speculate or to chase dividend yield. Stock values rise. Stock [...]
