Middlefield Canadian Inc... Share Discussion Threads

[fabius1] 23/9/2023 12:03

Thanks all for the feedback. Looking for Canadian 'value' but I suspect we have further downside. Don't really want exposure to US 'froth' so sitting on my hands for now.

[peckers56] 22/9/2023 09:00

FABius1 - liked the IM, but not the trust.

[fabius1] 21/9/2023 14:04

SKYSHIP. Thanks.

[tiltonboy] 21/9/2023 13:53

Given the differentiated portfolios I hold both. The discount at CGI is indeed wide, but it has been for a long time

[skyship] 21/9/2023 13:29

FABIUS - IMO CGI a better buy - trading at a 36% NAV discount versus just 14% here. Yield much the same at 4.5% versus 4.8% here..

[fabius1] 21/9/2023 12:41

p56. Out of interest, I am looking at exposure to Canada. It is a tiny IT. Were you favourably impressed and are you likely to invest in the fund and have you looked at other alternatives?

[peckers56] 01/6/2023 16:05

Am not a holder. However, turned up at today's AGM (held at it's broker's offices - Investec) and asked to attend as a guest so that I could hear the "expected" presentation by the investment manager (i.e. Dean Orrico). Panic ensued. There was no prepared presentation, nobody was expected to come, etc. However, after the official meeting, Mr Orrico (who had flown in from Canada) came and spoke to me 1-1 for just over 5 minutes. This was much appreciated and I found it very useful.

[tiltonboy] 05/1/2023 12:03

Nominal increase in the dividend, but at least it's the first increase since 2016

[flyer61] 14/12/2022 15:36

Trading buy.

[jezreel] 14/12/2022 00:20

Discount widening

[jezreel] 14/12/2022 00:16

Down heavily this week. Not sure why

[petewy] 14/9/2022 09:41

Half year report. Looking good

[flyer61] 08/6/2022 11:53

Smart move!

[citytilidie] 08/6/2022 11:04

Shires is a great trading play. I must have been in and out over 50 times now. I’ve also just sold and will wait for the next down spell

[flyer61] 06/6/2022 18:05

Sold more at just over 140p today. Also exited Shires...small trust now at a premium, time to be patient!

[taylor20] 06/6/2022 17:59

In the past has acted more like a fixed income instrument, with a very steady and reliable yield, so buying below 90p and selling around 110p has usually been the order of the day. This departure above 130 is definitely out of the ordinary perhaps due to the bigger exposure to the US?

I'm more inclined to reduce at these prices than buy more, sold some recently at 136p. Reversion to mean a key driver on this one.

Wish I'd taken my own advice on some of my other FI (like GACA).

[citytilidie] 02/6/2022 15:42

Just why the Hell did I sell 30000 at 90 a year ago. Thankfully I still hold a few.
Mainly because it’s involved in mining which is having a great run, plus they are trading at too big a discount. Bit of catch up at last

[flyer61] 02/6/2022 13:48

Big spike up yesterday…any thoughts?

[flyer61] 15/5/2022 07:05

Thinking of selling. Not happy the fund has completely missed the Commodity boom in Canada. A lot of the appreciation in share price is down to currency movements. Lack of increase in dividend combined with 1.4 per cent fee is also seeing me look for the exit.

[petewy] 31/3/2022 10:07

I'm in for a safe bet and a good dividend

[flyer61] 20/10/2021 16:24

Thinking the share price appreciation is being based on the Canadian economy and it's exposure to commodities.

[tournesol] 15/10/2021 18:28

Nice to see another baby step in the right direction.

[tiltonboy] 20/5/2021 13:41

Nice to see the discount narrowing