Archive for September 4th, 2007
Has upticking returned to the TSX? part 2
4 September 2007This is a follow-up to a post from last weekend (see “Has upticking returned to the TSX?“, Sept 3-07). Month end was last Friday. A few stocks move up very well on modest volume. Let’s see how the featured stocks performed today, now that the August figures have been put to bed:
Atlantis Systems [...]
Westwind research on Discovery Air
4 September 2007Our friends at Westwind Partners had Discovery Air around on an institutional investor roadshow last Friday. Here is what the research team had to report:
Discovery Air Inc. (DA.A-T: $1.37)
Rating: BUY Target: $2.25
Mkt. Cap: $179 MM ‘09 EV/EBITDA: 5.7x Total Annual Ret.: 64%
Management Presentations Increase our Excitement [...]
Beating the 5 year bond can be tough for some mutual funds
4 September 2007As of last Thursday, a five year Canadian government bond was trading at an implied yield of 4.28%.
If you wanted a similar return over a five year period, you could have invested in the following mutual funds (data from Saturday’s Globe and Mail):
AGF International Value: 4.68%
CI Canadian Bond Fund: 3.70%
CI Value Trust Corporate Class: 2.32%
Fidelity [...]