Q: Hello 5i Team,
I have been contemplating selling my PKI shares and putting the proceeds into CNQ to boost my dividend income in a non-registered account. Two questions: First, do you think this is a good swap based on the fundamentals/growth prospects of each company? Second, given yesterday's news regarding Simpson Oil's legal victory, should I wait to see if the rally in PKI's share price continues? Current market cap of PKI is $6.5B, but apparently PKI turned down an offer to buy the company last summer which would have valued the company at $8B. If another offer comes forward from Simpson following this legal victory, I'm thinking there may be significant more upside in the share price (the 52-week high for PKI is around $48). Your thoughts on selling PKI now vs. waiting?
Much appreciated,
Brian
I have been contemplating selling my PKI shares and putting the proceeds into CNQ to boost my dividend income in a non-registered account. Two questions: First, do you think this is a good swap based on the fundamentals/growth prospects of each company? Second, given yesterday's news regarding Simpson Oil's legal victory, should I wait to see if the rally in PKI's share price continues? Current market cap of PKI is $6.5B, but apparently PKI turned down an offer to buy the company last summer which would have valued the company at $8B. If another offer comes forward from Simpson following this legal victory, I'm thinking there may be significant more upside in the share price (the 52-week high for PKI is around $48). Your thoughts on selling PKI now vs. waiting?
Much appreciated,
Brian
Q: Wondering what your best guess would be on a takeout price for this one.
Thks
Thks
Q: Could you explain today’s press release in layman’s terms,are they headed for a strategic review and does this give them a tailwind,basically your thoughts on this announcement would you buy here for a 1-2 year hold thank you