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As it turns Canadian ETFs are not doing that well. MJX is spiked with tobacco companies and includes SMG, the federal US approach to weed is pretty conservative,  with 12 Canadian stocks out of 30 holdings, and 7 being in the top 10, US investors will continue to pile up. Recreational use is expected approval in July of this year.  The selloff after Jeff Sessions announcement got into senses what holdings are in this index. Risky yes awarding very much so.

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Hi Robert and everyone,

I'm wondering if any news/thoughts  re the NYLD sale and especially also re NEP and PEGI potential purchases  of assets - these deals all seem to have gone quiet based on the little info I can find  - anyone else heard anything ?

 PEGI and NEP been stuck lower and  NYLD remains  rangebound.  I'm wondering if its that the (1) tax cuts have impacted on tax equity financing , (2) Uncertainty re trump decision re suniva outcome and/or (3) they were overvalued and this is the new normal or (4) markets getting edgy generally so a pullback?  I would really value others thoughts as I'm thinking through even the utility space .

Spent the time viewing this today - lots of themes everyone will be aware of but how they have been put together across sectors I found interesting Tony Seba - disruption https://www.youtube.com/watch?time_continue=9&v=2b3ttqYDwF0

All the best.

 

 

 

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11 hours ago, heliostat said:

Hi Robert and everyone,

I'm wondering if any news/thoughts  re the NYLD sale and especially also re NEP and PEGI potential purchases  of assets - these deals all seem to have gone quiet based on the little info I can find  - anyone else heard anything ?

 PEGI and NEP been stuck lower and  NYLD remains  rangebound.  I'm wondering if its that the (1) tax cuts have impacted on tax equity financing , (2) Uncertainty re trump decision re suniva outcome and/or (3) they were overvalued and this is the new normal or (4) markets getting edgy generally so a pullback?  I would really value others thoughts as I'm thinking through even the utility space .

Spent the time viewing this today - lots of themes everyone will be aware of but how they have been put together across sectors I found interesting Tony Seba - disruption https://www.youtube.com/watch?time_continue=9&v=2b3ttqYDwF0

All the best.

 

 

 

Not a lot to add here. I actually got into some concerns on tax reform from the perspective of the interest rate expense how only 30% EBITA is deductible, so I want to see how this looks like from reporting perspective. Got my dividends paid out today, so I have reinvested them in SBRA, rebalanced the holdings to buy MPW as dividend paying and reduced my exposure after the initial purchase of MJX. I also added to BOTZ.  Yield is about 8.42% on stocks as of today's mix. 

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I am looking at this ETF KGRN, which may replace investing in Chinese stocks

https://kraneshares.com/kgrn/

They are supposed to list KARS, which will cover the electric car companies, not just from China.

 

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for those interested in ev KARS will trade on Friday. I am going buy this one.

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Has anyone looked at KGRN?

They hold JKS and JASO, the volume is peanuts, thinly traded $6M fund. Their China Web fund took few years to built (KWEB) to $1.2B in investment.

https://kraneshares.com/kgrn/

the announcement on KARS

https://www.prnewswire.com/news-releases/kraneshares-electric-vehicles-and-future-mobility-etf-ticker-kars-lists-on-the-new-york-stock-exchange-300585217.html

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KARS is trading, no volume I guess not many people see the ticker. yahoo does not have it. 

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I am in KARS now. it looks like it is mostly me.lol

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So far so good with BOTZ and MJX. Really moving well. Thanks SC for MJX tip.

I am finding myself averaging down my SBRA holding, now sitting roughly at 18.07, expecting dividend announcement early Feb for about 0.45 to 0.46 per share.

I hope that some of the forum readers get on KARS. I see it go as LIT at one point. KraneShares are owned by CICC. I expect good things from it. It may turn to be thinly traded at first, but it took only 15 or so trading days for MJX to go from a cap of 5.9M to 342M.

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