SuperNed;357872 wroteAs for stock tips, that BEV on the TSX I recommended a year ago 'may' finally be on the verge of doing something with their hoard of cash, but it basically hinges on an unknown next move at this point. Currently trading at below cash in the bank but have no actual business. A motivated CEO who is advised by Sam Belzberg was just installed a couple of days ago to get the party started. Can't really fully recommend it at this point but if the stock doubles I'll be sure to say "I told you so" ^-^
P.S. It may actually be delisted from the TSX at some point (doubt it will actually happen though) so probably not the investment for most.
Since this post a little over a year ago the stock was delisted from the TSX to the Venture and has been halted for a few months while some aspects of a royalty income transaction are finalized. It is opening trading tomorrow morning and should move up nicely. It will be returning to the TSX big board in a couple of weeks under the name Diversified Royalty Corp. Should finally be a winner and at last price would pay about a 10% distribution :)
Edit Sept 9....was up 18% today and up about 35% since I first mentioned it. Not that you almost couldn't have thown a dart at a stock page and matched or beat those numbers over the past couple of years mind you....lol.
This should run more once it hits the TSX and name change in a couple of weeks and currently has a potential payout of about 8.5% per year (likely to shrink to about 6% as it rises to $3 over the next few months). My largest position ever so no complaints here.
