Shares Archives

Edan Vidoser Shares Tips on Real Estate Investing

October 13, 2020 [email protected]_84 Edan, Estate, Investing, Real, Shares, Tips, Vidoser

Press release content from NewMediaWire. The AP news staff was not involved in its creation.

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Seattle, WA – ( NewMediaWire ) – October 13, 2020 – It is critical for everyone to find ways to diversify their investments because this is a great way to not only augment returns but also reduce risk. While many people think about stocks, bonds, and mutual funds, it is also a great idea to think about real estate. Edan Vidoser is a financial professional with a tremendous amount of experience in the world of real estate. In this manner, it is a good idea for everyone to listen to what professionals such as Edan Vidoser have to say. This could lead to a significant financial payoff down the road.

Edan Vidoser Discusses the Importance of Understanding the Local Real Estate Market

Edan Vidoser and other professionals have stated that the

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FOR SALE BY OWNER

Cogeco owner rebuffs Rogers-backed takeover offer again: ‘Our shares are not for sale’

October 7, 2020 [email protected]_84 Cogeco, Offer, Owner, rebuffs, Rogersbacked, Sale, Shares, takeover

Cogeco Inc. and Cogeco Communications Inc.’s largest shareholder and chairman is rebuffing any notion that he and his family would let go of their stake in the telecommunications companies.

“Our shares are not for sale. And let me be clear, our refusal is not a negotiating position, it is definitive,” Louis Audet wrote in a statement released Monday.

The statement was made on behalf of Gestion Audem Inc., a company run by his family that holds a controlling stake in the Cogeco businesses.

It comes after New York-based Altice USA Inc. made an unsolicited, $10.3-billion bid for the Montreal-headquartered Cogeco companies last Wednesday.

The all-cash offer included $800 million to secure the ownership interests and voting shares held by the Audets, who have 69 per cent of Cogeco’s and 82.9 per cent of Cogeco Communications’s voting rights.

30% premium offered

Altice offered $106.53 per share for the remaining Cogeco Inc.

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HOMES

Why Meritage Homes Shares Popped 15% in September

October 4, 2020 [email protected]_84 Homes, Meritage, Popped, September, Shares

What happened

Shares of homebuilder Meritage Homes (NYSE:MTH) popped 15% in the month of September, according to data provided by S&P Global Market Intelligence. The U.S. housing market has shirked COVID-19 pandemic woes and is on a surge, with home sales in August soaring 4.8% to highs not seen since 2006 and home prices continuing to hit new levels.

Meritage Homes is making the most of the housing boom, as reflected in its latest September announcement.

So what

On Sep. 21, Meritage announced a whopping 73% year-over-year jump in total home orders for July and August combined. Meritage clocked an average absorption of six homes per month per community for the two months, nearly twice the level in the comparable period in 2019. Absorption rate is simply the rate at which homes are sold in a specific community during a specific time period.

CEO Steven J. Hilton called it “unprecedented

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FOR SALE

IRCTC govt stake sale offer for sale OFS Indian Railway shares

September 27, 2020 [email protected]_84 govt, Indian, IRCTC, Offer, OFS, Railway, Sale, Shares, stake

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Govt plans to sell 15-20 per cent stake sale in IRCTC via OFS

The government plans to sell about 15-20 per cent stake in the Indian Railway Catering and Tourism Corp (IRCTC) through an offer for sale (OFS), and would like to complete the transaction in a minimum number of tranches. Last month, the Department of Investment and Public Asset Management (DIPAM) had invited bids from merchant bankers by September 10 for managing the sale in Indian Railway Catering and Tourism Corp (IRCTC).

However, it did not disclose the quantum of stake on offer in the Request for Proposal (RFP).

Following this, a pre-bid meeting was held on September 4 with potential bidders.

DIPAM has now posted its response to the queries raised by potential bidders on its website.

To a query on intended stake dilution percentage, DIPAM said, “The indicative percentage is 15 per cent

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HOME FOR SALE

Monmouth Real Estate: The Common Shares Are Attractive, The Preferreds A Safe Investment (NYSE:MNR)

September 25, 2020 [email protected]_84 Attractive, Common, Estate, Investment, Monmouth, NYSEMNR, Preferreds, Real, Safe, Shares

Introduction

During the second quarter, when the share prices started to rebound after the initial COVID-19 pandemic and panic, I had to make choices. I was too frugal to pay $12 per share of Monmouth Real Estate (MNR) as the price had dipped below $9 during the initial panic, but I was wrong as my frugality caused me to miss an excellent entry point and the share price continued to trade above $14 all summer long. Around the same time, I initially didn’t want to pay $24.4 for the preferred share(MNR.PC) and I ended up buying the preferreds at par ($25). Monmouth’s share price has come off a bit and I wanted to figure out if I should just pay the $13.30/share it’s currently trading at. After all, quality has its price and given the 99%+ occupancy rate and 99%+ rent collection rate of this single tenant REIT focusing

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FOR SALE

Portofino Receives Cash, Shares for Sale of HMW Lithium Interest; Amends Yergo Agreement

September 25, 2020 [email protected]_84 Agreement, Amends, Cash, HMW, Interest, Lithium, Portofino, Receives, Sale, Shares, Yergo

Vancouver, British Columbia--(Newsfile Corp. - September 24, 2020) - PORTOFINO
RESOURCES INC. (TSXV: POR)  (FSE: POTA) ("Portofino" or the "Company") is
pleased to report that it has now received full consideration, for the sale
and assignment of Portofino's right to earn a 100% interest in the Del Condor
and Pucara lithium brine salar properties ("HMW Lithium Project") in
Argentina. The consideration totaled C$100,000 in cash and 650,000 Galan
Lithium Limited ordinary shares, pursuant to its previously announced
transaction (NR February 25, 2020). GLN shares as traded on the Australian
Stock Exchange closed at a price of $0.14 AUD.

Yergo Lithium project, Argentina

Portofino also announces it has reached an agreement with the Yergo lithium
project Claim owner to amend the terms of its Option Agreement that enables
Portofino to earn 100% interest in the project. The original Agreement
required Portofino to make escalating payments totaling US$370,000 over a
48-month period

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