Anodyne Inc.

Staggering back up onto my feet in Main Street's front room, still swinging. Updated mostly for the three of you out there who care.

Current portfolio:

Dominion Citrus Income Fund (DOM.UN): 12,346 units
E-L Financial Corporation (ELF): 7 shares
Hart Stores (HIS): 1769 shares
Loblaw Companies (L): 217 shares
Norbord, Inc. (NBD): 1820 shares
North West Company Fund (NWF.UN): 600 units
Parkland Income Fund (PKI.UN): 4114 units
TerraVest Income Fund (TI.UN): 1109 units
Amerigo Resources, Inc. (ARG): 1895 shares

Distributions and dividends:

Parkland Income Fund (PKI.UN):4114 units x .105/unit = $431.97 (15 June, 15 July, 15 August). Grand total, $1295.91.

E-L Financial Corporation (ELF): 7 shares x .125/unit = $1.76 (29 June) <--!!!!!!

TerraVest Income Fund (TI.UN): 1109 units x .0275/unit = $30.50 (29 June)

Loblaw Companies (L): 217 shares x .21/share = $45.47 (1 July)

North West Company Fund (NWF.UN): 600 units x .32/unit = $192.00 (15 July)

Current portfolio value (as of Friday): $73496.45. Cash balance, $6216.78

Sale: Dominion Citrus Income Fund (DOM.UN): 12346 units x .30/unit = $3703.80, less $25 transaction charge = $3778.80

Sale: Loblaw Companies (L): 217 shares x $33.07/unit = $7176.19, less $25 transaction charge = $7151.19

Sale: E-L Financial (ELF): 7 shares x $400/share = $2800, less $25 transaction charge = $2775.00

Cash balance, $19921.77

Purchase: Amerigo Resources (ARG): 13650 shares x .55/share = $7507.50 + $25 transaction charge = $7532.50

Purchase: Norbord, Inc. (NBD): 5000 shares x $1.50/share = $7500 + $25 transaction charge = $7525.00

Purchase: TerraVest Income Fund (TI.UN): 3000 units x $1.50/unit = $4500 + $25 transaction charge = $4525.0o

Current portfolio:

Hart Stores (HIS): 1769 shares
Norbord, Inc. (NBD): 6820 shares
North West Company Fund (NWF.UN): 600 units
Parkland Income Fund (PKI.UN): 4114 units
TerraVest Income Fund (TI.UN): 4109 units
Amerigo Resources, Inc. (ARG): 15545 shares

Cash balance, $339.27

Disclaimer: this retooled portfolio might not make any money for a while and is resource-heavy. Amerigo, TerraVest, Hart and Norbord are all trading at attractive discounts from my appraisals of their intrinsic value. North West Company and Parkland are high-quality businesses I will be glad to hold semi-indefinitely.

- posted by cjb @ 7:30 PM