There’s been quite a fair few interesting situations around but I thought this one was especially fascinating (and quirky enough for me) given the way everything ties in.
Thank you so much. I am no longer in the prefs and the yield while appealing, doesn’t really interest me much anymore, especially with the available opportunity in the market outside AI.
Thank you, I'll have to check out your Substack for other opportunities. What do you think about these preferreds from a safety perspective? (I'm looking at the prefs to offset a loan I have out at 5.7%.)
Not fin advice but think the actualization of the sale process derisks the investment (as seen by the cap appreciation) but timeline and regulatory approvals still remain a hurdle. The characteristics of the prefs having to pay divs or the commons wont, should still be intact as far as I'm concerned. Hope this helps :)
Great call. What do you think of the preferred shares today? Less potential for capital appreciation but there’s a 8.4% yield
Thank you so much. I am no longer in the prefs and the yield while appealing, doesn’t really interest me much anymore, especially with the available opportunity in the market outside AI.
Thank you, I'll have to check out your Substack for other opportunities. What do you think about these preferreds from a safety perspective? (I'm looking at the prefs to offset a loan I have out at 5.7%.)
Not fin advice but think the actualization of the sale process derisks the investment (as seen by the cap appreciation) but timeline and regulatory approvals still remain a hurdle. The characteristics of the prefs having to pay divs or the commons wont, should still be intact as far as I'm concerned. Hope this helps :)
Really helpful, thanks!