Shaw Communications, Precision Drilling, Epcor Preferred Shares

The highlight of today in the Canadian markets on the last trading day of the month, quarter and half of the year is Shaw Communications up 4.20% with a couple of hours left in the trading day. With Shaw (SJR.B), you have an excelleng growth story and steady dividend increases. Shaw reported a 40% increase [...]

Research in Motion, Fundamental Indexing, Gold Stocks

Research in Motion got crushed yesterday down 13% and down another 3.5% so far today. Stocks trading at very high price earnings multiples are usually priced to perfection and need continuous astronomical growth rates both on the top (revenues) and bottom lines (net earnings) of their income statements to maintain their price. Subscriber growth is still very [...]

Research In Motion (RIM), Precision Drilling, The Fed and more

A few interesting stats have come out today.  Research in Motion’s subscriber base has been growing nicely but their bread and butter, the corporate market, has been slowing. We shall see where their earnings and subscriber growth rates are after the close today. What are your thoughts on the battle between Blackberry and Apple’s IPhone? [...]

New links at Rothenberg Website

We are pleased to announce that we have new links to our site to enhance the information provided . RCM has partnered with Dynamic Mutual Funds to provide Portfolio Manager Video podcasts via the podcast link on our site. Take a look by clicking here.
We are also providing a link where you can view our current [...]

BCE Closure??? and Fundamental Indexing

The courts ruled in favour of the BCE takeover leaving bondholders with debt that will be interestingly priced on Monday morning. BCE bonds with 5 year maturities should yield in excess of 8% and the bid ask spreads on dealers books should be substantial taking away any trading opportunities for retail investors.
This takeover should continue [...]

Bell, Nortel, et al

Interesting news today that brings me back to the dot com era. The courts will decide whether BCE bondholders should be compensated for the sale of the company to Ontario Teachers and private equity firms.
Even though the board is somewhat different today at Bell than it was during the dot com era, one only has [...]

BCE and Bondholder Rights

Even with the TSX hitting all time highs and Air Canada announcing 2000 layoffs later in the year, focus today is on Bell Canada and the takeover by Ontario Teachers Pension Plan and a group of private equity firms in the US.
At the heart of the matter is whether bondholders have any rights in stopping [...]

What’s New at Rothenberg?

We have added a 2 minute podcast on our site today discussing the quarterly results of the major banks in Canada. To access the podcast, just click here.
Every Friday, National Bank Financial provides an excellent synopsis of global markets, the economy, and recommendation changes to their stock universe. To get this weekly report from us at no [...]

Precision Drilling Update and Marketing Themes

Grey Wolf rebuffed Precisions offer today stating that their impending merger with Basic Energy Services represented superior value to the takeover offer by Precision Drilling. Due to the accretive nature Grey Wolf represents, another offer may be forthcoming.
We will begin a new series of radio ads in Alberta and Quebec starting next week. The ads [...]

Precision Drilling and New Podcast

Precision Drilling has made an unsolicited offer for Grey Wolf at $9.00 US per share. Grey Wolf has 121 rigs in the US and 2 in Mexico. Most analysts look at this offer as very accretive to PD.UN. Should they be successful at these prices, Precision could see some upside to their stock. Currently, Precision [...]