CDN: Status of the Canadian Fantasy Portfolio On Sept 20/19
This week was eventful mainly because of the buyout of Dream Global REIT [TSX:DRG/UN]. Blackstone group bought them out offering investors $16.79 per share the transaction is completed in December if approved by investors, how can they refuse with about a $8.00 gain on $10.00
Canadian Fantasy Stock Portfolio Update...Sept 20/19
Transaction History
Transaction................................................. Comments............................................................. Amount
..... Date
.......................... Initial investment........................................................................................... 100,000.00
06-Aug-19........ Buy 2000 shares of Centerra Gold @ $10.88/ share....................................... -21,760.00
23-Aug-19........ Buy 1500 shares of Dream Global REIT @ $14.39/share................................ -21,585.00
13-Sep-19......... Sale of 2000 shares of Centerra Gold @ $10.50/share ................................... 21,100.00
16-Sep-19......... Market buy of 5000 shares of Peyto Exploration and Dev filled @ $4.08/shr.. -20,400.00
.................................................................................................................................................... ---------------
............................................................................Cash on hand including any dividends....... $57,355.00
Current Portfolio as of September 20, 2019
Ticker.................. Company....................Shares..... Price.........Value....... % Gain/loss...Dividends*
DRG/UN.TO....... Dream Global REIT....... 1,500..... $16.57..... $24,855.00...... 15.15%
PEY.TO ..............Peyto Exp & Dev........... 5,000......... 3.80 ...... 19,000.00 ........ 6.86%
................................................................................................ ----------------
............................................................Total value of stocks. $43,855.00
* Dividends are for reference only the cash is added to Cash on hand
Total Portfolio Value Summary
Cash on hand:.... $57,355,00
Total Value Trend
Date................... Value %Gain/Loss
02-Aug-19..... $100,000.00
23-Aug-19..... $102,050.00...... 2.05%
30-Aug-19..... $102,625.00...... 2.63%
06-Sep-19..... $100,570.00...... 0.57%
13-Sep-19..... $ 99,010.00...... 0.99%
20-Sep-19.... $101,210.00 ..... 1.21%
Charts
The DRG/UN.TO has plateaued of course.... there is little action by comparison to a few days ago. There will not be a problem selling what we have (and what I have in my real portfolios) since there is still 20 cents of gain to go and someone will want that.
Peyto is a bit of a disappointment now but I have purchased this stock in the past... as long as oil and gas rises we will be fine.
Back in the positive.........I will probably sell Dream Global in the next week.... we will have lots of cash for new buys.
Good Trading
UE |
