Tag Archives: CHE.UN

Nice comeback Chemtrade Logistics

14 Nov

Making it’s way back up to $17 today after a major sell off past few days.  10 cents per share a month.  Can’t beat that, consistent distributor.  Missed my chance to buy back in at a low cost.

Still holding 300 shares strong in my margin account.  

 

Small Caps vs Big Caps

13 Nov

Is there an advantage between investing in a small cap vs big cap stock?  Small caps have more room to grow than big caps.  Every company has to start off somewhere.  Some will rise, some will fall.  All in all, pick your companies wisely.

All my small caps are Canadian companies that pays monthly income.   All my big caps are American companies.

Note:  All stocks have different amount invested.  Each stock provides different risk factors.  Therefore, I only put down money that I am willing to bet on the stock.

Small Caps
Ticker Market Cap Performance
KEG.UN 182.00M 30.86%
BFP.UN 319.42M 129.10%
LIQ 325.18M -19.75%
CHE.UN 660.94M 8.63%
Average 37.21%
Big Caps
Ticker Market Cap Performance
GOOG 342.86B 67.41%
T 184.22B -5.16%
KO 176.64B 0.76%
V 126.57B 13.99%
Average 19.25%

Making the right move at the right time

12 Nov

Whoa, time has passed by really quickly.  It’s already been more than a month since I sold out Chemtrade Logistics Income Fund (CHE.UN) from my TFSA.  I sold out 1270 shares @ $16.96 with profit of $819.52 and collected $2287.00 in distributions.

Trade History for CHE.UN

3/27/2012:  BOUGHT 850 shares @ $16.58 + ($9.38 Commission) = $14,101.37
7/05/2012:  BOUGHT 420 shares @ $15.71 + ($6.42 Commissions) = $6,604.62
9/27/2013:  SOLD 1270 shares @ $16.96 + (13.69 Commissions) = $21,525.51
Net Profit $819.52 (This is tax free, since I held this stock in my TFSA!)

Commissions at Questrade were $29.49.  This should have been $25.40, but Questrade charges extra SEC fees for the trades which I don’t like!!

Luckily, I made the right move at the right time.  For the past five days, Chemtrade has been trending downwards on news that Chemtrade is in talks to buy General Chemical Corp.  Seems like traders are not liking this news and have been punishing the share prices.

Chemtrade on Nov 12, 2013

Anyways, if I had kept my shares of CHE.UN, I would be at a net paper loss of $433.54.  Ouch!  I still have 300 shares of CHE.UN in my margin account, but I bought it at a cheaper price.  It’s still a hold for me, since they’ve been a steady income producer.  Maybe, I’ll pick up some more shares at a discounted price.  I would have to monitor they progress in the upcoming days.

I replaced CHE.UN for Mastercard and First National Financial in my TFSA.  Both stocks seem to be holding up well on their own thus far.  By making the switch, I am improving the overall health to my TFSA.

Making some changes to my TFSA

27 Sep

Today, I sold out 1270 shares of CHE.UN for $16.96 in my TFSA account. Fact was that CHE.UN took up 20% of my overall portfolio. The time I held onto this unit trust, I’ve collected a fair amount of distribution.

Anyways, I replaced it with 15 shares of MA at $679.50 for now. I am hoping I didn’t screw myself over in the months ahead. But I felt like it was time to say goodbye to CHE.UN and add more stake to Mastercard where it has really appreciated.

Also, I sold out QCOM – 25 @ $67.18 in my TFSA.

I plan on adding more Mastercard to my TFSA until my cash balance is zero. For now, I don’t want to add too much near their 52 week top.

I believe Mastercard has a strong chart and I am regretting that I didn’t ride this baby out from the start. When I first entered MA, it was around the $300-$350 range. I regret how impatient I was in May 2012 where I sold MA out for little profit. Look at it now, $680 range! Wow, I totally miss out some good gains. But now, I will hold this baby for a while till it fully matures. I will not sell out like the many times I have before.

I’m just thinking out loud. Sorry, if this is a bit confusing. I am not the type of person of analyzing stocks and giving you all the jazz about it.

If I like the stock and believe in it, I will buy it.

History recap, just at the top of my head with approximate numbers:

  1. I bought 200 shares of SBUX at $18, but sold out at $52.15.
  2. I had 200 shares of Visa at $70 at one point, but sold out for $2000 profit.  Fucken big mistake that was.
  3. I bought 10,000 shares of GQ at 15 cents, but eventually sold out at $1500 gain.  I could have sold out at their peak and made a cool $10k profit, but I held too fucken long!
  4. I bought 200 shares of AGU at $50 on margin, but got scared of the dip in the next few days and sold out at a loss.   Then I re-bought them at $70 and sold out for a $2000 gain.
  5. I bought 50 shares of GOOG at $612.00, but I sold half of it for a measly $100 gain because that portion was on margin.

Lowering Position in CHE.UN

18 Sep

Once Chemtrade Logistics Income Fund hits above $17 per share mark, I will be lowering my CHE.UN holdings in my TFSA account.  They haven’t been performing as well as I had hope in the past while.  Quite frankly, I am tired of seeing stagnant stocks in my portfolio.  It’s nice receiving 10 cents per share every month though.  I’ve collected enough to say goodbye to this stock.  I’ve put a lot of money into them, but it’s probably better somewhere else.  Or should I just tough it out and keep the way things are??  Ahh, every time I sell, stocks seems to go up…

medianet_width=’728′; medianet_height= ’90’; medianet_crid=’699825785′;

Diversification

7 May

Diversification is great and all, if you want to climb your way up slow and steady. For me, I invest in bigger chunks depending on my risk tolerance to that one particular stock. I’m not saying this strategy is for everyone but I have invested in a few stocks that have certainly leap further than the rest of the stocks.

Currently, Bank of Montreal (BMO.TO) and Chemtrade Logistics (CHE.UN.TO) are two of my largest holdings in my portfolio. My main objective was create a steady stream of income from these two stocks. To date, I have collected in dividends of $1066 from BMO and in distribution of $2602 from CHE.UN. The uncapitlized return of my stocks is 8.78% ($4221.77 of $48059.23).

Google (GOOG) is my third biggest holding. I orignally bought 50 shares of GOOG, half of the shares were on MARGIN. My main objective was price appreciation. Shortly after I bought into GOOG, share prices went below my buy in price. I was in the red for a couple of months. This wasn’t a good feeling, but I stayed true to my objective. When GOOG finally climbed out of its depressed share prices, I sold half of my holdings that were on MARGIN for mere $100 gain. To date, my uncaptilized return of GOOG is 39.91% ($6,115.30 of $15321.95).

Ok, I bought these three stocks roughly around the same time in Spring/Summer of 2012.

What if I wanted to diversify and buy a whole bunch of stocks in equal parts?
Let’s I have $65,000 to invest, I want to buy 10 stocks in equal parts.

1) BMO and CHE.UN uncaptialized return would be 8.78% ($1141.40 of $13000.00).
2) GOOG uncapitalized return would be 39.91% ($2594.15 of $6500.00)
3) Seven miscellaneous stocks can go either way up or down… averaging let’s say 5% ($2275.00 of $45500.00)

My cost of trading would be 7x more. I would have to find seven other stocks to fill out my portfolio. Maybe, some of the stocks I don’t really want to put in my portfolio, but I am forced to because I wanted to be diversified.

Let’s compare the two strategy in uncapitalized return:
3 stocks vs 10 stocks
$10,337.07 vs $6,010.55

So is diversification better in this scenario  Or is it wiser to pick the RIGHT stock accordingly to your risk tolerance?

In hindsight, if I were to pour everything into GOOG, I would be in a better scenario don’t you think?  But with everything, what are you willing to risk?

Trade Alert

25 Jan
  1. Jan 25th- Sold CHE.UN in RRSP: 240 @ $16.48/share  |  Loss $24.00
  2. Jan 25th- Sold WYN on Margin: 100 @ $56.80/share  |  Gain $310.00
  3. Jan 25th- Sold AAPL in TFSA: 10 @ $441.50/share  |  Loss $703.94
  4. Jan 25th- Bought MA in RRSP: 10 @ $519.75/share
  5. Jan 25th- Bought V in TFSA: 27 @ $159.60/share
  6. Jan 25th- Bought INTC on Margin:  500 @ $20.99/share

Time to shake things up a bit.  I needed to infuse my portfolio with some good stable companies, so I decided to cut my losses in Chemtrade and Apple to buy Mastercard and Visa.

Chemtrade:  I’ve been overweight in Chemtrade for a while, the stock price has been flat ever since I bought into it.  However, I collected $0.10 per share each month from them, thus why, I kept it for so long.  I still have 300 shares left in my margin account and 1270 share in my TFSA.

Wynn:  This was bought on October 5, 2012 on purely margin.  I was looking for price appreciation.  The price on this stock was depressed for most of the time I held it.  Finally, it made a break for higher ground, so I decided to sell at a gain before it bottoms up again.

Apple:  I was up $500 on this baby when I held it in the first few days.  In hindsight, I should have sold it and taken the profit as I was on 100% margin.  But I decided to move the funds over to my TFSA where it ultimately cost me dearly.  Analysts are beating up Apple over its latest earnings report.  I still think Apple is a great company, but I can’t hold it any longer with losses up to my eyes.

Mastercard and Visa:  Both stocks, I have owned before and regretted selling them too early.  Now, I re-buy them at a higher price.  I am looking to hold them for a while to see if they will churn out even more gains.

Intel:  Bought this purely to make up some ground for my Apple loss.  Upcoming dividend of $0.2250/share will surely bring up the price a bit for the next week.