Encana

From Natural Gas to Big Macs

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A lot of interesting developments occurred last week on some stocks I have been watching and/or holding.  I have noticed a significant increase in my holdings: Encana, Rogers, Royal Bank, and Shaw Communications etc. are all advancing.  I was hoping to have published this post over the weekend, since it was last week’s news. So here goes better late than never! Bank of Montreal (BMO) BMO is on the move! Back on December 20th BMO share prices had slumped down from approx $59 to $56.60 per share following missed earnings expectations and Moody’s Downgrade after BMO purchased Marshall & Ilsley …

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Encana, A Natural Gas Play

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I was looking a couple of months ago at Superior Plus (SPB.B) because of its high dividend yield of over 11%.  I’m familiar with  the company as they deliver propane to my parent’s home.  But I quickly realized the company had a very high debt load (liabilities to equity of 3.14), and seemed to be diversifying into some obscure areas to expand its business (i.e. drywall).  In addition the dividend is currently very high at 13.5%, as the share price had crashed. To me that signalled a company in trouble, and perhaps even a dividend cut in the near future. …

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