Q: Hi, Pat. I am thinking about purchasing Mullen Group shares. It has diversified its trucking business away from the oil & gas industry successfully. Also it appears that it may be at a bottom price. Do you recommend Mullen? Is the dividend secure? Thanks.

A: Mullen Group Ltd. $9.76, symbol MTL on Toronto (Shares outstanding: 104.8 million; Market cap: $1.0 billion; www.mullen-group.com), is an Alberta-based transportation company that provides specialized transport services, including trucking and logistics services to the oil and natural gas industry in Canada and the U.S.

Mullen… Read More

SNC ponders spinoffs to cut debt burden


SNC-LAVALIN GROUP INC. $27 (Toronto symbol SNC; Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $4.7 billion; Dividend yield: 1.5%; Takeover Target Rating: Medium; www.snclavalin.com) is a leading Canadian engineering and construction company that specializes in large-scale infrastructure… Read More