June 20, 2019

On Thursday, the S&P 500 was up 0.9% and Toronto was up 0.4%.

Couche-Tard was down 2.7% but that was likely just due to some analysts deciding that it has run too far too fast.

Penny Stock Ceapro was down 8.3% to 33 cents. That was on significantly higher volume than normal and may have simply been caused by someone wanting to sell a lot of shares. It is a very speculative company but does have some good prospects. I added a little to my position but it remains a small position.

Statistics Canada reported that full-service restaurant sales in April were up 6.5% year over year. That should bode well for Boston Pizza. But it seems that have been lagging the industry. Still, with a 6.5% gain they should have achieved some same-store gains in April. It is same-store sales gains that are drive distributable cash per unit. Even 1 or 2% same-store sales gain would be quite acceptable.

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