Original purchase price was 20 shares at a price of $52.12
Sold 20 shares at a price of $57.20.
Locked in a profit of $102 or 9.79%
What’s up FIRE bros. I’ve been doing some buying and got to throw it out there.
FIRST, some questions.
Because…markets are impossible to time.
If you would have told me in February 2016 when the DJI was 16,100, that by the end of the year it would hit 20,000 I would have fell off my chair laughing. ABSURD, I would have vehemently proclaimed!
Alas, we are here.
I reluctantly bow my head to the Mad Hatter Market and push all in.
| Company Symbol | Company Name | Shares Purchased | Purchase Price | Total Dollar Amount | Yearly Income |
| [stock_quote symbol="TSE:AQN"] | Algonquin Power & Utilities Corp | 500 | $11.18 | $5,590 | $285.40 |
| [stock_quote symbol="TSE:CPG"] | Crescent Point Energy | 300 | $16.63 | $4,989 | $108.00 |
| Total Yearly Div Increase | $393.40 |
None
Algonquin Power & Utilities is a diversified North American utility. It has a portfolio of wind, solar, hydroelectric, thermal, and natural gas power-generating facilities, which have an installed capacity of 1,185 megawatts.
I’m really hot and heavy on AQN right now. I bought 500 shares but I plan to add 1000 more on any dips. The company is like a better Fortis in my opinion. I’m getting a yield of 4.88% at $11.18.
It has a payout ratio of about 50% and most of its earnings are rate-regulated which translates to more stable and predictable earnings.
The dividend has grown from US$0.06 to US$0.1059 cents, which equates to an annualized growth of 9.9% since 2010. The company plans to increase its dividend by 10% per year based on increase earnings and cash flow.
What Does This Company Do? Crescent Point Energy Corp is involved in acquiring and holding interests in petroleum and natural gas properties and assets related through a general partnership and wholly owned subsidiaries.
This is going a little bit against the grain. A contrarian play if you like. I bought 300 share and will add 200 more if it dips to the $14 range. I like this company because it is in a good position for the continued recovery of oil.
It has had positive surprises in the last 2 quarters and has learned how to cut costs in a serious way. They have reduced their debt from $4.2B in 3rd quarter 2015 to $3.6B in 3rd quarter 2016.
Major investors also raised their stakes following strong investor sentiment towards Crescent Point stock, including TD Management Inc., which raised its stake by 12.9%. Vanguard Group Inc. also boosted its stake in the company by 10.7% in the previous quarter.
It also pays a small dividend which should grow once it turns the key on some new assets in Saskatchewan.
Boy that province is tough to spell!
Recent Stock Purchases and Sales Read More »
Well, it’s been a while. I have had a very busy November with 9 stock purchases and 2 Sales.
The last time I made a move was in August when I sold Allied Properties at $39.33 [stock_quote symbol=”AP.UN”] and picked up Western Digital at $46.50 [stock_quote symbol=”WDC”]
Let’s take a look at the moves in November.
| Company Symbol | Company Name | Shares Purchased | Purchase Price | Total Dollar Amount | Yearly Income |
| [stock_quote symbol="TSE:TA"] | TransAlta Corp | 890 | $6.19 | $5,509 | $142 |
| [stock_quote symbol="SJR.B"] | Shaw Communications | 75 | $26.31 | $1,973 | $89 |
| [stock_quote symbol="PLZ.UN"] | Plaza REIT | 650 | $4.83 | $3,139 | $169 |
| [stock_quote symbol="BIP.UN"] | Brookfield Infrastructure Partners | 46 | $43.39 | $1,995 | $72 |
| [stock_quote symbol="TSE:BTE"] | Baytex Energy | 200 | $5.23 | $1,046 | 0 |
| [stock_quote symbol="D.UN"] | Dream Office REIT | 116 | $17.72 | $2,055 | $174 |
| [stock_quote symbol="NVU.UN"] | Northview Apartment REIT | 92 | $19.00 | $1,558 | $150 |
| [stock_quote symbol="AX.UN"] | Artis REIT | 559 | $11.56 | $6,492 | $603 |
| TOTAL | $23,821 | $1,399 |
| Company Symbol | Company Name | Shares Sold | Sale Price | Total Dollar Amount | Yearly Income Loss |
| [stock_quote symbol="REI.UN"] | Riocan REIT | 204 | $26.40 | $5,385 | $287 |
| [stock_quote symbol="TSE:ECA"] | Encana Corp | 368 | $16.80 | $6,182 | $22.08 |
| [stock_quote symbol="DRG.UN"] | Dream Global REIT | 832 | $9.25 | $7,696 | $665 |
| Total | $19,263 | $974 |
At the end of every year I like to tighten up the portfolio a little bit. I also have about $40,000 of bonds with a stop loss on them until the end of December that I imagine will trigger.
If you’re like me you probably love going through quarterly financial reports and reading balance sheets. After a year of buying and not much selling I have ended up with too many companies to actively stay up to date on each company’s news.
For myself, I figure I can handle about 20 or so companies.
I currently have 28 companies and have made a couple of mistakes with bad timing by not paying attention for financial result dates.
In November, I sold 2 companies that were good but I found a little redundant in Dream Global and RioCan. I also sold Encana.
I sold RioCan because it’s metrics were the worst out of my current REITS and they never increase their Divi. Also, I didn’t own enough shares to offer a DRIP. I do understand that you pay a premium for the name Riocan because of its moat but I made my money and it’s time to move on.
My next move was to drop Dream Global. This was a tough move for me. I have made nothing but money off this guy and I hate to toss it out in the trash. Unfortunately the REIT’s AFFO payout ratio is expected to be about 115% this year. I can’t take the risk of a dividend cut.
Last I sold Encana Corp. The main reason I sold Encana was that I believe it is too expensive compared to the price of oil. I originally bought ECA at $16.00 when the price of a barrel of oil was at $60. I watched Encana plunge from my purchase price to $4.14! Long story short I sold it this week for $16.80. Cya Sucker.
I will be looking to lean out the portfolio some more in December but the problem is there is a lot of good stuff to buy!
November Stock Purchases And Sales Read More »