Q: Hi,
Is there a price point at which this becomes a value investment that has all of the negative factors priced in? It has been a top pick numerous times on BNN but repeated bad news has driven it down and down. Might it stabilize after tax loss selling eases? Dividend now at 3.1% is tempting. My question is whether there is a price that you would consider this a buy or if the bad news outweighs potential value and nice dividend?
Is there a price point at which this becomes a value investment that has all of the negative factors priced in? It has been a top pick numerous times on BNN but repeated bad news has driven it down and down. Might it stabilize after tax loss selling eases? Dividend now at 3.1% is tempting. My question is whether there is a price that you would consider this a buy or if the bad news outweighs potential value and nice dividend?