opinion of Power Corp. (POW.TO)

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Hi guys, I have a relatively large position in POW.TO based on recommendations from another service a while ago. Dividend is good but wondering if you have thoughts on it. Price is still low and I saw it as an opportunity to pick up more for cheap. Thoughts?

*edit – I should have looked at the dividend bull list first. Sorry!

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Asked on July 7, 2020 11:02 am
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Private answer

Haha no worries. Yes, we are bullish on POW and our thoughts are captured in the report. Of note, the report will be updated when the company reports quarterly results in early August.

In our opinion, it remains undervalued at these prices due to bearish market sentiment towards financials. We also believe the dividend is safe, and is not at risk of being cut.

Mat

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Posted by Mathieu Litalien
Answered on July 8, 2020 7:32 am
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