tag:blogger.com,1999:blog-9031526429482744032.post1427825705740186690..comments2024-03-27T08:05:06.228-07:00Comments on Don't fuck with Donville: Portfolio review, may 31st 2021Penetratorhttp://www.blogger.com/profile/01670644029306203741noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-9031526429482744032.post-11920700904480558392021-06-04T03:22:55.337-07:002021-06-04T03:22:55.337-07:00I agree with Pete. Well now when you have somethin...I agree with Pete. Well now when you have something better in mind.Penetratorhttps://www.blogger.com/profile/01670644029306203741noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-58775784485919755142021-06-03T21:47:13.504-07:002021-06-03T21:47:13.504-07:00I think that it is a really bad idea to hold on a ...I think that it is a really bad idea to hold on a not so good stock and hope for a better price!Petehttps://www.blogger.com/profile/13515577281463642261noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-37497158863663238212021-06-03T14:48:56.167-07:002021-06-03T14:48:56.167-07:00Hello everyone! Thank you, Penetrator, for sharing...Hello everyone! Thank you, Penetrator, for sharing an update with us.<br /><br />Here is my portfolio as of 2021/06/03.<br /><br />CASH (CAD$). . . . . . . 1.25%<br />TSE:EQB . . . . . . . . 11.97%<br />TSE:ATD.B . . . . . . . 11.15% (averaged up)<br />TSE:CSU . . . . . . . . 10.38% (averaged up)<br />TSE:DOL . . . . . . . . 9.17% (averaged up)<br />TSE:ENGH . . . . . . . . 8.12% (averaged up)<br />CVE:TOI . . . . . . . . 6.76% (spin-out + new)<br />CVE:CTZ . . . . . . . . 5.58%<br />TSE:BAM.A . . . . . . . 5.27% (averaged up)<br />TSE:ECN . . . . . . . . 4.97%<br />TSE:GIB.A . . . . . . . 4.34% (averaged up)<br />TSE:CCL.B . . . . . . . 4.29%<br />CVE:PVF.UN . . . . . . . 4.08%<br />TSE:CNR . . . . . . . . 3.62% (averaged up)<br />TSE:MTY . . . . . . . . 3.47% (sold some)<br />TSE:NFI . . . . . . . . 2.62%<br />TSE:BYD . . . . . . . . 1.31% (new)<br />TSE:CTS . . . . . . . . 0.76% (new)<br />TSE:DND . . . . . . . . 0.51% (new)<br />TSE:WPK . . . . . . . . 0.38% (sold some)<br /><br />TTM AGGREGATE STATISTICS<br />PE 34.0 (EPS yield of 2.9%)<br />PB 2.6<br />ROE 7.74%<br /><br />As mentioned before, I believe the portfolio ratios should be calculated as a single unified holding company (ie aggregate balance sheets and income statements into a unified portfolio values and then do the ratios). Otherwise, a simple average can be easily distorted (for e.g. DOL has almost no book value per share and would have on its own ROE of 465)<br /><br />I have changed brokers and turned over most of my TFSA holdings (now just 7) in spring so I do not know my YTD performance. The porftolio is about 7% off its all time high sometime in February (despite of some small additional contributinos - I don't have any income right now). 7/20 companies representing about 22% of my portfolio had GAAP losses per share for TTM (often due to large intangible writedowns in 2020). Hopefully this will normalize in 2021. I did a little bit of cleaning up but in retrospect many of the changes were at least in the short term questionable decisions (selling cyclical/worse companies cheap and buying better companies more expensive, only for the trend to reverse in a month or two later). I am still planning to liquidate several of my holdings (lack of growth opportunities and/or confidence in management) but am waiting for better prices.<br /><br />I hope you are all doing well and are staying healthy. Best of luck everyone!($)o($)https://www.blogger.com/profile/17557944670336860485noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-35821907432629986312021-06-02T10:25:53.809-07:002021-06-02T10:25:53.809-07:00I don’t even follow that kind of stats. But the be...I don’t even follow that kind of stats. But the best stocks are on the Nasdaq.Penetratorhttps://www.blogger.com/profile/01670644029306203741noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-64753828262104719612021-06-02T10:25:51.318-07:002021-06-02T10:25:51.318-07:00I don’t even follow that kind of stats. But the be...I don’t even follow that kind of stats. But the best stocks are on the Nasdaq.Penetratorhttps://www.blogger.com/profile/01670644029306203741noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-62038913381367823372021-06-02T10:25:48.987-07:002021-06-02T10:25:48.987-07:00I don’t even follow that kind of stats. But the be...I don’t even follow that kind of stats. But the best stocks are on the Nasdaq.Penetratorhttps://www.blogger.com/profile/01670644029306203741noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-33357761427641643962021-06-02T10:25:45.046-07:002021-06-02T10:25:45.046-07:00I don’t even follow that kind of stats. But the be...I don’t even follow that kind of stats. But the best stocks are on the Nasdaq.Penetratorhttps://www.blogger.com/profile/01670644029306203741noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-41650622835401119152021-06-02T10:24:49.916-07:002021-06-02T10:24:49.916-07:00Total humiliation.Total humiliation.Penetratorhttps://www.blogger.com/profile/01670644029306203741noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-41849222609505697692021-06-02T10:24:22.352-07:002021-06-02T10:24:22.352-07:00Bien sûr (si j’y vais).Bien sûr (si j’y vais).Penetratorhttps://www.blogger.com/profile/01670644029306203741noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-37990304030300619262021-06-01T22:29:12.995-07:002021-06-01T22:29:12.995-07:00When was the last time SPY beat QQQ? Has to be ove...When was the last time SPY beat QQQ? Has to be over 10 years ago. Is this year going to be the year?Fatsohttps://www.blogger.com/profile/16351689833019644049noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-55899398830384481562021-06-01T19:02:36.702-07:002021-06-01T19:02:36.702-07:00J'espère que tu vas faire un post sur le Yukon...J'espère que tu vas faire un post sur le Yukon!Allardohttps://www.blogger.com/profile/02501213217361319234noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-72070519382110886762021-06-01T11:49:35.607-07:002021-06-01T11:49:35.607-07:00Jason Donville beat you . His return YTD to April ...Jason Donville beat you . His return YTD to April 30, 2021 is 6.06% Hahahahahahaha!DeanMasterStockPickerhttps://www.blogger.com/profile/14212503004797478188noreply@blogger.com