METRO INC. $67 – Toronto symbol MRU

METRO INC. $67 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 87.0 million; Market cap: $5.8 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.8%; TSINetwork Rating: Average; www.metro.ca) is Canada’s third-largest supermarket operator, after Loblaw (also in this issue) and Sobeys. It now has… Read More

Metro’s hidden assets

METRO INC. $67 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 87.0 million; Market cap: $5.8 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.8%; TSINetwork Rating: Average; www.metro.ca) is Canada’s third-largest supermarket operator, after Loblaw (also in this issue) and Sobeys. It now has… Read More

METRO INC. $68 – Toronto symbol MRU

METRO INC. $68 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 87.6 million; Market cap: $6.0 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.8%; TSINetwork Rating: Average; www.metro.ca) operates about 600 supermarkets in Quebec and Ontario. It also has over 250 drugstores that operate… Read More

Metro’s hidden strengths

METRO INC. $68 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 87.6 million; Market cap: $6.0 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.8%; TSINetwork Rating: Average; www.metro.ca) operates about 600 supermarkets in Quebec and Ontario. It also has over 250 drugstores that operate… Read More

I’ve been a long-term holder of Bird Construction and First Capital Realty and have been buying more of them on dips in price. Can you update me on your current views on these two dividend-paying investments? Thanks.

Bird Construction, $12.81, symbol BDT on Toronto (Shares outstanding: 42.5 million; Market cap: $544.6 million; www.bird.ca), has offices in Toronto, Winnipeg, Calgary, Edmonton, Vancouver and Seattle.

The company was formed over 90 years ago in Medicine Hat, Alberta. It focuses on projects in a number… Read More