Thanks to Patient Investing Blog for discovering this hidden Canadian gem:
- It is a natural gas and oil company. Which such high price of those commodities, it will do good
- it is actually doing good: Quarterly Revenue Growth (yoy):35.00%. Quarterly Earnings Growth (yoy):57.90%
- it offers amazing dividends: Trailing Annual Dividend Yield:14.40%
I have no clue how those Canadian companies can sometimes be so under-priced. They are actually Income
funds, owning operating companies. Last year I got excellent dividends, and a 40% return on stock-price, from a similar Canadian gem: FDC Fording Canadian Coal. FDG also had dividend and growth rate similar to AAV. I couldn’t understand why it was so under-priced. There wasn’t actually any reason so it went up 40% in two years, paying me 11% dividends meanwhile.
What worked with FDC may also work with AAV.
Hopefully, I’ll be able to thank Patient investor even more very soon 🙂

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