iBankCoin
Joined Jan 1, 1970
1,010 Blog Posts

LOW PEG Ratio Fun

I’m going to keep this brief as I have many much more important things to do today. That said, I have done a few scans and found some stocks of interest to me and who knows, you may find them interesting as well.

Pengrowth Energy Trust – NYSE:PGH – TSE:PGF.UN – PEG Ratio – 0.07

“The Company, through its subsidiary, engages in the acquisition, ownership, and operation of working interests and royalty interests in oil and natural gas properties in Canada.”

This stock looks good to me and The PPT seems to like it with a hybrid of 3.86 of note is the fundamentals of 4.9/5. It says the dividend is 20.1 but that seems a little too high, this is something I may look further into. I’ve heard from a friend of mine in the past that energy trusts are a great source of dividends for the long run, especially some that are severely beaten down now. My worry however is that should this recession/depression be a big W many of these trusts will cut / suspend their dividends indefinitely until things normalize.


NRG Energy Inc (NRG) – Hybrid 3.82 / Fundamentals 4.7/5 – PEG Ratio – 0.03

A wholesale power generation company, engaged in the ownership, development, construction & operation of power generation facilities, the transacting in & trading of fuel & transportation services, & the trading of energy, capacity & related products.”

This company looks alright as well, no yield and no ticker on the TSX though so it’s of very little interst to me.  It did however come up on my screen and I thought I’d share though.

As mentioned earlier, I have a busy day today and I”m not even sure how many people read these so I will stop with these. I’m not going ot go into length about what my gameplan is as it changes often. I will however notify you should I start sending in mad sell orders. I’m looking to distance myself from the US exchanges for a myriad of reasons well mainly one.

Yesterday I bought a few things including more DVAX and some SMTC. I’m looking to sell more than buy now as a general rule until I free up even more cash. Like I said earlier, if this recession / depression is a W… I’ll be damned if I’m one of the trapped soliders with no chopper coming to get me for months or years. It would be devastating to watch the economy go down and not have lots of firepower at my will to take down some big yielding blue chips.

Hopefully your day will be prodigiously profitable.

P.S: I posted about PRGN Shipping last night. I’m expecting it to climb into the close.

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2 comments

  1. Mushroomz

    Good work as always. NRG trying to breakout .. watching

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  2. dubz

    Check my next post, I’m fucking re-arranging my game. Peep this – ~23% dividend. BOOM

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