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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (29125)7/6/2017 8:06:07 PM
From: Goose94Read Replies (2) of 203382
 
Canaccord Genuity Group (CF-T) top pick from Chris Damas on BNN.ca Market Call Thirst-day July 6th @ 1300ET

The asset management business alone is worth $1.2 billion to 1.4 billion versus a market cap of only $615 million. Company reinstated the dividend on June 2 with a policy to pay out 25 to 50 per cent of net income attributable to shareholders, and paid out 10 cents of 26 cents. I believed CG could earn at least $1 per share in the next year and could pay out as much as 50 cents, for a yield of 9.2 per cent. I may raise my EPS and dividend target due to the U.K. deal announced yesterday. My target for the stock was $10, but I will be updating this with the U.K. deal in mind.
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