{"id":1775,"date":"2008-02-05T17:46:59","date_gmt":"2008-02-05T21:46:59","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1775"},"modified":"2008-02-05T17:46:59","modified_gmt":"2008-02-05T21:46:59","slug":"ccsprc-an-attractive-speculation","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1775","title":{"rendered":"CCS.PR.C : An Attractive Speculation?"},"content":{"rendered":"

Assiduous Readers Kaspu<\/em> and madequota<\/em> have been watching CCS.PR.C very carefully recently – see the comments to February 1<\/a>, the comments to the January Index Rebalancing<\/a> and the comments to February 4<\/a>.<\/p>\n

My contribution will be mainly the note that a\u00a0reasonable comparator to CCS.PR.C is FTS.PR.F:<\/p>\n

\n\n\n\n\n\n\n\n\n
CCS.PR.C \/ FTS.PR.F
\nComparison<\/td>\n<\/tr>\n
Issue<\/td>\nCCS.PR.C<\/td>\nFTS.PR.F<\/td>\n<\/tr>\n
Dividend<\/td>\n\u00a01.25<\/td>\n1.225\u00a0<\/td>\n<\/tr>\n
Redemption
\nPeriod
\nBegins<\/td>\n		\u00a02012-6-30<\/td>\n2011-12-1<\/td>\n<\/tr>\n
Initial
\nRedemption
\nPrice<\/td>\n		\u00a0$26.00<\/td>\n\u00a0$26.00<\/td>\n<\/tr>\n
DBRS
\nRating<\/td>\n		Pfd-3\u00a0<\/td>\n\u00a0Pfd-3(high)<\/td>\n<\/tr>\n
S&P
\nRating<\/td>\n		P-2(low)\u00a0<\/td>\n\u00a0P-2<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

I will also note that Co-Operators’ financial statements are available at SEDAR<\/a> (remember the hyphen when searching!)\u00a0<\/p>\n

And a graph of a graph of their YTWs<\/a> since CCS.PR.C’s first day of trading<\/a> and the differences thereof<\/a>. Fortis was upgraded a notch by S&P<\/a> during the period.<\/p>\n

The comparison may not be GREAT, but I think it’s PRETTY GOOD. And the graphs are amazing.<\/p>\n

\u00a0<\/p>\n

\n

\n<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Assiduous Readers Kaspu and madequota have been watching CCS.PR.C very carefully recently – see the comments to February 1, the comments to the January Index Rebalancing and the comments to February 4. My contribution will …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,23],"tags":[],"class_list":["post-1775","post","type-post","status-publish","format-standard","hentry","category-issue-comments","category-reader-initiated-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1775"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1775\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}