It hasn’t been a good month for CannTrust (TSX:TRST) shareholders. In early July, the company was caught illegally growing cannabis. Unfortunately, the news just got worse.On Thursday evening, it was announced that the Ontario Securities Commission (OSC) has opened an investigation into the company. The investigation will be in partnership with the RCMP’s Financial Crime Program and the OPP’s Anti-Rackets Branch.This has gone beyond mis-management of production. As new information has … [Read more...] about Stick a Fork in it, CannTrust (TSX:TRST) is Dead Money
Canada’s oil & gas industry has been decimated in recent months. Reminiscent of last year’s dip, the industry is mired in a significant downtrend. Over the past year, the TSX Oil & Gas Index is down 25%! Caught in the cross-hairs, Vermillion Energy (TSX:VET) is down 21% in 2019 and its value has almost been halved in the past year. At this time last year, the company was trading at $44.78 per share. Today it is touching 52-week lows around $23 per … [Read more...] about Is Vermillion Energy’s (TSX:VET) Dividend at Risk?
Whenever Canadian investors talk about the telecom industry, there are three names that often come to mindTelus (TSX:T) Rogers (TSX:RCI.B) Bell (TSX:BCE)It makes sense considering the industry has ridiculously high barriers to entry. These three major telecom companies are protected by a highly regulated, somewhat monopoly like structure. No company has penetrated the barriers yet, and as such Canada has some of the highest wireless prices in the developed world.However, … [Read more...] about Tired Of The Big 3? Buy These Telecom Companies Instead
We are in the midst of one of the busiest periods of the earnings season. Yesterday, some of the largest technology companies in the world such as Intel Corp (NASDAQ:INTC) and Alphabet (NASDAQ:GOOG) reported earnings that topped expectations.Not to be outdone, there are two Canadian companies who have a strong history of dividend growth that topped analysts estimates yesterday. This bodes well not only for the company’s stock price, but future dividend growth. Aecon Group (ARE.TO) An … [Read more...] about Strong Earnings is a Great Sign for These Dividend Growth Stocks
A surprise visit by health inspectors to one of CannTrust's (TSX:TRST) facilities resulted in a discovery of multiple deficiencies in the process of growing product that had been finished and shipped to distributors.Since that initial discovery it has only snowballed into a scathing situation for CannTrust involving the unlicensed production rooms and allegations that the high levels of management had knowledge of the unlicensed growing that had occurred. Amid the aftermath, the … [Read more...] about CannTrust (TSX:TRST) Overhauls Management, What’s Next?
A stagnant dividend is often thought of as a poor dividend. As time goes by, things get more expensive and the value of a dollar consistently falls. That is why it is important to purchase companies that provide reliable, safe and growing dividends for your portfolio.However it's important to keep in mind the growth of the dividend isn't the only thing we need to look for. If you're looking to lock stocks into your RRSP that are going to generate passive income without you having to … [Read more...] about Two Multi-Decade Dividend Growth Stocks For Your RRSP
Here we go again. Late yesterday, reports emerged that CannTrust (TSX:TRST) senior leaders were fully aware that the company was operating illegal growing operations.Unfortunately, this is contrary to the initial reactions from management when the story first broke a couple of weeks ago. As a reminder, CannTrust has been accused of growing marijuana in un-licensed rooms, intentionally mis-leading Health Canada officials and devising elaborate schemes to keep their illegal grow ops out of the … [Read more...] about CannTrust (TSX:TRST) – Another Bombshell Drops
A lot of investors see dividend paying companies as boring, below average investments. However, they are critical to maintaining a well balanced portfolio. You may have a portfolio comprised of high-potential growth stocks, but ultimately what is going to protect you from significant market volatility is steady, reliable income paying stocks.More so, you should be looking for income companies that are consistently raising dividends. Dividend growth investing is a very popular investment … [Read more...] about Two Companies That Provide Outsized Dividend Growth
SNC Lavalin (TSX:SNC) shareholders have been through a whirlwind. Mired in legal battles over accusations of bribery, contract disputes and forced to pull out of one of its best growth markets (Saudi), it hasn’t been a good year for the company.Over the past year, its value has been more than halved and its share price is down 41% in 2019. Whereas some view this as a buying opportunity, there are just too many uncertainties. The risk to reward profile just isn’t attractive.This point was … [Read more...] about More Shakeups at SNC Lavalin (TSX:SNC)
One way in which investors can track management sentiment is to analyze insider trading activities. These are trades executed by senior management, the board of directors or other significant shareholders. Many of the investment sites publish insider trading activity, however it can often be misleading. Most of the time, they include all types of insider trades. Why is this a problem? For the most part, the majority of insider trades are tied to options and … [Read more...] about Insiders are Loading up on this Real Estate Stock