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Friday, November 27, 2020

My investment portfolio on date of November 27, 2020

Cold cash: $2,311.22

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS)
Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
iShares S&P/TSX Capped REIT Index (XRE)
New Flyer Industries Inc. (NFI)
TMX Group Inc. (X)
K-Bro Linen Inc. (KBL)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Enbridge Inc. (ENB)
Emera Inc. (EMA)
BCE Inc. (BCE)
Saputo Inc. (SAP)
Loblaw Companies (L)
Savaria Corporation (SIS)
WSP Global Inc. (WSP)
Aphria Inc. (APH)
George Weston Limited (WN)
Telus Corp (T)
Power Corporation of Canada Subordinate Voting Shares (POW)
TOTAL: $114,776.63

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B)
General Mills Inc. (GIS)
Cash: $67.19
TOTAL: $3,844.23 US: $5,024.79 CAN
 
Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI)
CT Real Estate Investment Trust (CRT.UN)
Canadian National Railway Co (CNR)
Exchange Income Corporation (EIF)
Brookfield Infrastructure Partners L.P. (BIP.UN)
Brookfield Renewable Energy Partners L.P. (BEP.UN)
Andrew Peller Limited (ADW.A)
Toronto-Dominion Bank (TD)
Boyd Group Services Inc. (BYD)
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
Data Communications Mgmt (DCM)
Morneau Shepell Inc. (MSI)
Royal Bank of Canada (RY)
Park Lawn Corporation (PLC)
Toromont Industries Ltd (TIH)
BCE Inc. (BCE)
Boralex Inc. Class A Shares (BLX)
Richelieu Hardware Ltd. (RCH)
Savaria Corporation (SIS)
Northland Power Inc. (NPI)
Calian Group Ltd. (CGY)
Canadian Utilities Limited (CU)
WSP Global Inc. (WSP)
Granite Real Estate Investment Trust (GRT.UN)
Cargojet Inc. (CJT)
Nutrien Ltd. (NTR)
TFI International Inc. (TFII)
Canadian Imperial Bank Of Commerce (CM)
SIR Royalty Income Fund (SRV.UN)
ATCO Ltd. (ACO.Y)
Aecon Group Inc. (ARE)
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)
Metro Inc. (MRU)
Alimentation Couche-Tard Inc. (ATD.A)
Fortis Inc. (FTS)
CGI Inc. (GIB.A)
TMX Group Limited (X)
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Suncor Energy Inc. (SU)
Rogers Communications Inc. (RCI.B)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $131.40
TOTAL: $98,306.05

RSP investment portfolio: 
Emera Incorporated (EMA)
Ovintiv Inc. (OVV)
Toronto-Dominion Bank (TD)
Telus Corp (T)
Royal Bank of Canada (RY)
Savaria Corporation (SIS)
Thomson Reuters Corporation (TRI)
Park Lawn Corporation (PLC)
Richards Packaging Income Fund (RPI.UN)
Toromont Industries Ltd (TIH)
CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Boralex Inc. Class A Shares (BLX)
Quebecor Inc. (QBR.B)
Logistec Corporation Class B Subordinate Voting Shares (LGT.B)
Brookfield Renewable Partners L.P. (BEP.UN)
Leon's Furniture Limited (LNF)
Bank of Nova Scotia (BNS)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Cascades Inc. (CAS)
Cash: $99.03

Total: $51,209.96 

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,202.12

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: 1,417.64 $

Manulife Fidelity NorthStar GIF CAP
Manulife Simplicity Growth Portfolio 
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
Manulife GIF MLIA B World Invest
Total: $7,727.22

Other various: $19,503.41

TOTAL: $84,140.10

Social Capital at Desjardins Membership share: $35
Online money: $107.60
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$304,701.39

On the date of November 27, 2020

Thursday, November 26, 2020

This is a great time to be an investor - so enjoy the moment because I know I am

I won't forget anytime soon the month of November 2020. It's been an amazing fun rally for my portfolio. In the space of only a month. I went from a $240 433.32 net worth to a $253,587.03 net worth back on November 24. I started the year 2020 with a $239,582.44 net worth.

Many great things are happening in my investment portfolio. First, inside my non-registered portfolio, Bank of Nova Scotia (BNS) finally started to grow again. I am currently experiencing a gain of 10.24%, for the shares that I hold inside my non-registered portfolio. Inside my RRSP portfolio, my BNS shares on a cutie 0.74% gain. Let's go BNS! Shake it up.

I have a margin value left of $21,831.61, with a margin debt of $47,484.89. In the circumstances, I am thinking about taking the shares that I own of Telus Corp (T) inside my non-registered portfolio to do a contribution in kind for my TFSA portfolio. This could be a great move to make, especially knowing that I have contribution room left for my TFSA. Over the past years, I like to use contribution in kind to contribute to my TFSA. It's quite an easy and effective way to use existing investment and make some capital and enjoy dividend distribution free of taxes. And because of that, over time, the list of stocks that I own inside my non-registered portfolio is getting shorter and shorter.

Other great things are happening for my non-registered portfolio. One of my long time holding that I really like, New Flyer Industries Inc. (NFI), is on a gain of 55.74%, just to name that one. I am experiencing great gains for many other stocks that I hold inside my non-registered portfolio. Even my investment in Aphria Inc. (APH) is starting to get better. I ready to hold on to APH until I recover and when that happens, trust me, it won't be long that I will flush out of the wood all the stocks I own of APH, or maybe I will just keep a third of the shares I will have to see.

Believe it or not, I am currently experiencing a little gain with Nutrien Ltd. (NTR), +%62. It took quite a long time, but it finally happens. This stock was offering a much better performance when it was standing alone as Agrium Inc. (AGU). I miss Agrium Inc. That stock was among my top performers. What Agrium had become doesn't meet my expectations.

One of my latest investment, JFT Strategies Fund Class A Units (JFS.UN) is on a gain of 2.25%. Things are slowly getting better for Boyd Group Services Inc. (BYD), which I am now on a little loss of only -0.97%. Just like it had been for Bank of Nova Scotia (BNS), this pandemic was quite rough for Canadian Imperial Bank Of Commerce (CM), but CM is slowly getting better and inside my TFSA portfolio, CM is experiencing a gain of +0.79%.

A while ago, Derek Foster announced that he had sell partly or all - Savaria Corporation (SIS). Personally, I hold some stocks of SIS in my non-registered, TFSA and RRSP portfolio. And I hold SIS in there even before it has become a "hot" Derek Foster stock. Because of that, I had experienced great gains on Savaria Corporation (SIS) inside my non-registered portfolio. I am thinking about partly sell that investment.

Otherwise, when I look at my 3 stocks portfolio, I am just amazed and I simply cannot help it. I am the TSX Queen with a big Q, that you like it or not.

Tuesday, November 24, 2020

My investment portfolio on date of November 24, 2020

 Cold cash: $2,311.22

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS)
Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
iShares S&P/TSX Capped REIT Index (XRE)
New Flyer Industries Inc. (NFI)
TMX Group Inc. (X)
K-Bro Linen Inc. (KBL)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Enbridge Inc. (ENB)
Emera Inc. (EMA)
BCE Inc. (BCE)
Saputo Inc. (SAP)
Loblaw Companies (L)
Savaria Corporation (SIS)
WSP Global Inc. (WSP)
Aphria Inc. (APH)
George Weston Limited (WN)
Telus Corp (T)
Power Corporation of Canada Subordinate Voting Shares (POW)
TOTAL: $113,689.11

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B)
General Mills Inc. (GIS)
TOTAL: $3,878.79 USD: $5,078.89 CAN
 
Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI)
CT Real Estate Investment Trust (CRT.UN)
Canadian National Railway Co (CNR)
Exchange Income Corporation (EIF)
Brookfield Infrastructure Partners L.P. (BIP.UN)
Brookfield Renewable Energy Partners L.P. (BEP.UN)
Andrew Peller Limited (ADW.A)
Toronto-Dominion Bank (TD)
Boyd Group Services Inc. (BYD)
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
Data Communications Mgmt (DCM)
Morneau Shepell Inc. (MSI)
Royal Bank of Canada (RY)
Park Lawn Corporation (PLC)
Toromont Industries Ltd (TIH)
BCE Inc. (BCE)
Boralex Inc. Class A Shares (BLX)
Richelieu Hardware Ltd. (RCH)
Savaria Corporation (SIS)
Northland Power Inc. (NPI)
Calian Group Ltd. (CGY)
Canadian Utilities Limited (CU)
WSP Global Inc. (WSP)
Granite Real Estate Investment Trust (GRT.UN)
Cargojet Inc. (CJT)
Nutrien Ltd. (NTR)
TFI International Inc. (TFII)
Canadian Imperial Bank Of Commerce (CM)
SIR Royalty Income Fund (SRV.UN)
ATCO Ltd. (ACO.Y)
Aecon Group Inc. (ARE)
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)
Metro Inc. (MRU)
Alimentation Couche-Tard Inc. (ATD.A)
Fortis Inc. (FTS)
CGI Inc. (GIB.A)
TMX Group Limited (X)
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Suncor Energy Inc. (SU)
Rogers Communications Inc. (RCI.B)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $129.12
TOTAL: $97,712.24

RSP investment portfolio: 
Emera Incorporated (EMA)
Ovintiv Inc. (OVV)
Toronto-Dominion Bank (TD)
Telus Corp (T)
Royal Bank of Canada (RY)
Savaria Corporation (SIS)
Thomson Reuters Corporation (TRI)
Park Lawn Corporation (PLC)
Richards Packaging Income Fund (RPI.UN)
Toromont Industries Ltd (TIH)
CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Boralex Inc. Class A Shares (BLX)
Quebecor Inc. (QBR.B)
Logistec Corporation Class B Subordinate Voting Shares (LGT.B)
Brookfield Renewable Partners L.P. (BEP.UN)
Leon's Furniture Limited (LNF)
Bank of Nova Scotia (BNS)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Cascades Inc. (CAS)
Cash: $91.43

Total: $50,921.25 

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,179.70

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $1,417.33

Manulife Fidelity NorthStar GIF CAP
Manulife Simplicity Growth Portfolio 
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
Manulife GIF MLIA B World Invest
Total: $7,673.51

Other various: $19,214.92

TOTAL: $82,069.13

Social Capital at Desjardins Membership share: $35
Online money: $61.25
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$300,956.84

On the date of November 24, 2020

Monday, November 23, 2020

Welcoming a net worth of $251,533.20

I wasn't expecting it so soon, but I this is it, I am now exceeding the 250k net worth. That was fun and easy.

My investment portfolio on date of November 23, 2020

 Cold cash: $2,311.22

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS)
Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
iShares S&P/TSX Capped REIT Index (XRE)
New Flyer Industries Inc. (NFI)
TMX Group Inc. (X)
K-Bro Linen Inc. (KBL)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Enbridge Inc. (ENB)
Emera Inc. (EMA)
BCE Inc. (BCE)
Saputo Inc. (SAP)
Loblaw Companies (L)
Savaria Corporation (SIS)
WSP Global Inc. (WSP)
Aphria Inc. (APH)
George Weston Limited (WN)
Telus Corp (T)
Power Corporation of Canada Subordinate Voting Shares (POW)
TOTAL: $111,187.18

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B)
General Mills Inc. (GIS)
TOTAL: $3,857.19 US: $5,047.13 CAN
 
Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI)
CT Real Estate Investment Trust (CRT.UN)
Canadian National Railway Co (CNR)
Exchange Income Corporation (EIF)
Brookfield Infrastructure Partners L.P. (BIP.UN)
Brookfield Renewable Energy Partners L.P. (BEP.UN)
Andrew Peller Limited (ADW.A)
Toronto-Dominion Bank (TD)
Boyd Group Services Inc. (BYD)
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
Data Communications Mgmt (DCM)
Morneau Shepell Inc. (MSI)
Royal Bank of Canada (RY)
Park Lawn Corporation (PLC)
Toromont Industries Ltd (TIH)
BCE Inc. (BCE)
Boralex Inc. Class A Shares (BLX)
Richelieu Hardware Ltd. (RCH)
Savaria Corporation (SIS)
Northland Power Inc. (NPI)
Calian Group Ltd. (CGY)
Canadian Utilities Limited (CU)
WSP Global Inc. (WSP)
Granite Real Estate Investment Trust (GRT.UN)
Cargojet Inc. (CJT)
Nutrien Ltd. (NTR)
TFI International Inc. (TFII)
Canadian Imperial Bank Of Commerce (CM)
SIR Royalty Income Fund (SRV.UN)
ATCO Ltd. (ACO.Y)
Aecon Group Inc. (ARE)
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)
Metro Inc. (MRU)
Alimentation Couche-Tard Inc. (ATD.A)
Fortis Inc. (FTS)
CGI Inc. (GIB.A)
TMX Group Limited (X)
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Suncor Energy Inc. (SU)
Rogers Communications Inc. (RCI.B)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $129.12
TOTAL: $96,894.50

RSP investment portfolio: 
Emera Incorporated (EMA)
Ovintiv Inc. (OVV)
Toronto-Dominion Bank (TD)
Telus Corp (T)
Royal Bank of Canada (RY)
Savaria Corporation (SIS)
Thomson Reuters Corporation (TRI)
Park Lawn Corporation (PLC)
Richards Packaging Income Fund (RPI.UN)
Toromont Industries Ltd (TIH)
CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Boralex Inc. Class A Shares (BLX)
Quebecor Inc. (QBR.B)
Logistec Corporation Class B Subordinate Voting Shares (LGT.B)
Brookfield Renewable Partners L.P. (BEP.UN)
Leon's Furniture Limited (LNF)
Bank of Nova Scotia (BNS)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Cascades Inc. (CAS)
Cash: $91.43

Total: $50,897.36

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,164.57

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $1,409.78

Manulife Fidelity NorthStar GIF CAP
Manulife Simplicity Growth Portfolio 
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
Manulife GIF MLIA B World Invest
Total: $7,626.74

Other various: $19,188.53

TOTAL: $83,366.73

Social Capital at Desjardins Membership share: $35
Online money: $61.25
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$298,903.01

On the date of November 23, 2020

Friday, November 20, 2020

Welcoming a $249,158.71 net worth

The TSX closed the trading week on a majestic 17,019.10 points, even exceeding the 17,000 points. We are lucky to be there. It looks to me as being an exaggerated positive reaction from the market, especially knowing that today, Toronto announced a lockdown starting Monday, but let say that for the moment, I am enjoying the gains. and of course, like usual these days, I quickly post an update of my investment portfolio. It's another "short cut" style version. I begin to like that shorten version.


My net worth is now at $249,158.71. I wasn't missing much to be sitting on a 250k. A 250k net worth is nothing new to me. I had a 250k back in January 2020. And shortly after, in February 2020, I was reaching my highest net worth value ever: $257,187.44‬. We could say that in 2020, I saw it all and we are not done with it yet. So far, November had been an awesome month for my net worth. I went from $240 433.32 back on November 9, to $249,158.71 on November 20.


Inside my TFSA portfolio, Northland Power Inc. (NPI) registered a gain of +3.87%, and inside my non-registered portfolio, New Flyer Industries Inc. (NFI) registered a gain of +5.58%. Boralex Inc. Class A Shares (BLX), a stock that I hold in both my TFSA and RRSP portfolios, registered today a gain of +3.292%. For NPI and NFI, I don't see any reason for the gains, but the case of BLX is different. BLX made some interesting acquisitions.

My debt situation on date of November 20, 2020

 Margin account: $47,484.89 @ 4%

Annual interest: $1,899.40

On the date of November 20, 2020

**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.

My investment portfolio on date of November 20, 2020

Cold cash: $2,311.22

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS)
Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
iShares S&P/TSX Capped REIT Index (XRE)
New Flyer Industries Inc. (NFI)
TMX Group Inc. (X)
K-Bro Linen Inc. (KBL)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Enbridge Inc. (ENB)
Emera Inc. (EMA)
BCE Inc. (BCE)
Saputo Inc. (SAP)
Loblaw Companies (L)
Savaria Corporation (SIS)
WSP Global Inc. (WSP)
Aphria Inc. (APH)
George Weston Limited (WN)
Telus Corp (T)
Power Corporation of Canada Subordinate Voting Shares (POW)
TOTAL: $109,176.19

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B)
General Mills Inc. (GIS)
TOTAL: $3,848.23 USD: $5,059.27 CAN
 
Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI)
CT Real Estate Investment Trust (CRT.UN)
Canadian National Railway Co (CNR)
Exchange Income Corporation (EIF)
Brookfield Infrastructure Partners L.P. (BIP.UN)
Brookfield Renewable Energy Partners L.P. (BEP.UN)
Andrew Peller Limited (ADW.A)
Toronto-Dominion Bank (TD)
Boyd Group Services Inc. (BYD)
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
Data Communications Mgmt (DCM)
Morneau Shepell Inc. (MSI)
Royal Bank of Canada (RY)
Park Lawn Corporation (PLC)
Toromont Industries Ltd (TIH)
BCE Inc. (BCE)
Boralex Inc. Class A Shares (BLX)
Richelieu Hardware Ltd. (RCH)
Savaria Corporation (SIS)
Northland Power Inc. (NPI)
Calian Group Ltd. (CGY)
Canadian Utilities Limited (CU)
WSP Global Inc. (WSP)
Granite Real Estate Investment Trust (GRT.UN)
Cargojet Inc. (CJT)
Nutrien Ltd. (NTR)
TFI International Inc. (TFII)
Canadian Imperial Bank Of Commerce (CM)
SIR Royalty Income Fund (SRV.UN)
ATCO Ltd. (ACO.Y)
Aecon Group Inc. (ARE)
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)
Metro Inc. (MRU)
Alimentation Couche-Tard Inc. (ATD.A)
Fortis Inc. (FTS)
CGI Inc. (GIB.A)
TMX Group Limited (X)
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Suncor Energy Inc. (SU)
Rogers Communications Inc. (RCI.B)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $129.12
TOTAL: $96,812.00

RSP investment portfolio: 
Emera Incorporated (EMA)
Ovintiv Inc. (OVV)
Toronto-Dominion Bank (TD)
Telus Corp (T)
Royal Bank of Canada (RY)
Savaria Corporation (SIS)
Thomson Reuters Corporation (TRI)
Park Lawn Corporation (PLC)
Richards Packaging Income Fund (RPI.UN)
Toromont Industries Ltd (TIH)
CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Boralex Inc. Class A Shares (BLX)
Quebecor Inc. (QBR.B)
Logistec Corporation Class B Subordinate Voting Shares (LGT.B)
Brookfield Renewable Partners L.P. (BEP.UN)
Leon's Furniture Limited (LNF)
Bank of Nova Scotia (BNS)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Cascades Inc. (CAS)
Cash: $91.43

Total: $50,774.53

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,154.64

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $1,409.78

Manulife Fidelity NorthStar GIF CAP
Manulife Simplicity Growth Portfolio 
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
Manulife GIF MLIA B World Invest
Total: $7,626.74

Other various: $19,143.73

TOTAL: $83,188.67

Social Capital at Desjardins Membership share: $35
Online money: $61.25
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$296,643.60

On the date of November 20, 2020 

 

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