What to do with Sleep Country

SLEEP COUNTRY CANADA INCOME FUND $21.96 (Toronto symbol Z.UN; SI Rating: Extra Risk) is now the subject of a friendly $22 per unit cash takeover offer from two private equity firms: Birch Hill Equity Partners Management and Westerkirk Capital (a holding company of the Thomson… Read More

Canadian Income Trusts and New-Issue Risk

Is it a good time to bargain hunt for Canadian income trusts? According to one school of thought, Ottawa’s planned 2011 removal of income trusts’ tax advantages has unduly rattled investors and spurred unwarranted selling.

That’s the kind of assumption that makes sense, but it’s unlikely… Read More

Yield Plus Room for Growth

SLEEP COUNTRY CANADA INCOME FUND $19.75 (Toronto symbol Z.UN; SI Rating: Extra Risk) is the largest retailer of mattresses in Canada. Mattress sets account for about 90% of its sales. Other products include head boards, foot boards, pillows, mattress pads, bed frames and sheets.

In the… Read More

Two Trusts With Growth Ahead

SLEEP COUNTRY CANADA INCOME FUND $20.89 (Toronto symbol Z.UN; SI Rating: Extra Risk) is the largest retailer of mattresses in Canada. Mattress sets account for about 90% of its sales. Other products include head boards, foot boards, pillows, mattress pads, bed frames and sheets.

In the… Read More

Two Trust Buys for Income & Growth

PRIMEWEST ENERGY TRUST $21.93 (Toronto symbol PWI.UN; SI Rating: Speculative) is a Calgary-based oil and gas royalty trust with operations in both western Canada and Montana, North Dakota and Wyoming in the U.S.

PrimeWest’s revenues rose 28.2% in the three months ended June 30, 2007, to… Read More

Sleep Country is a Market Leader

SLEEP COUNTRY CANADA INCOME FUND $24.71 (Toronto symbol Z.UN; SI Rating: Extra Risk) is the largest retailer of mattresses in Canada. Mattress sets account for about 90% of its sales. Other products include head boards, foot boards, pillows, mattress pads, bed frames and sheets.

Stephen Gunn… Read More