Normand Legault - Cogeco Independent Director

CGO Stock  CAD 60.04  0.06  0.10%   

Director

Mr. Normand Legault, B.B.A., is Independent Director of Cogeco Inc. Mr. Legault is a corporate director. He held several positions from 1989 to 2009 within the Grand Prix F1 of Canada including being President and Chief Executive Officer from 1996 to 2009. Prior to that, he was Vice President of The Alouettes Montral Football Club from 1986 to 1987 and President of the Montral 2005 World Aquatics Championship. As an entrepreneur, he was also involved in launching various enterprises in the graphic design and event organization industries. Mr. Legault currently serves as Chairman of Montral International. He is also a board member of the Aroports de Montral organization. He has served as a director with numerous corporations, both private and public, including, amongst others, Distinction Group Inc., Socit Gnrale de Financement, Socit de la Place des Arts de Montral and the Board of Trade of Metropolitan Montral. since 2012.
Age 63
Tenure 12 years
Address 1 Place Ville Marie,3301, Montreal, QC, Canada, H3B 3N2
Phone514 764 4600
Webhttps://corpo.cogeco.com/cgo

Cogeco Management Efficiency

The company has return on total asset (ROA) of 0.0494 % which means that it generated a profit of $0.0494 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1024 %, meaning that it generated $0.1024 on every $100 dollars invested by stockholders. Cogeco's management efficiency ratios could be used to measure how well Cogeco manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Cogeco's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.08. At this time, Cogeco's Total Assets are very stable compared to the past year. As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 10 B, while Non Currrent Assets Other are likely to drop about 1.6 M.
Cogeco Inc has accumulated 385.51 M in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Cogeco Inc has a current ratio of 1.34, which is within standard range for the sector. Debt can assist Cogeco until it has trouble settling it off, either with new capital or with free cash flow. So, Cogeco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cogeco Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cogeco to invest in growth at high rates of return. When we think about Cogeco's use of debt, we should always consider it together with cash and equity.

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Cogeco Inc., through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company was founded in 1957 and is headquartered in Montreal, Canada. COGECO INC operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 3740 people. Cogeco Inc (CGO) is traded on Toronto Exchange in Canada and employs 41 people. Cogeco is listed under Diversified Telecommunication Services category by Fama And French industry classification.

Management Performance

Cogeco Inc Leadership Team

Elected by the shareholders, the Cogeco's board of directors comprises two types of representatives: Cogeco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cogeco. The board's role is to monitor Cogeco's management team and ensure that shareholders' interests are well served. Cogeco's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cogeco's outside directors are responsible for providing unbiased perspectives on the board's policies.
Linda Gillespie, Senior Officer
Philippe Bonin, Vice President - Corporate Development
Paul Cowling, Chief Officer
Andree Pinard, Vice President Treasurer
CA CFA, Secretary VP
Julie CFA, VP Treasurer
James Cherry, Lead Independent Director
Luc Noiseux, Senior Vice President Chief Technology and Strategy Officer
MarieHelene Labrie, Senior Vice President, Chief Public Affairs and Communications Officer
MaryAnn Bell, Independent Director
Philippe Jette, President, Chief Executive Officer
Louis Audet, Executive Chairman of the Board
Rene Guimond, Senior Vice President - Public Affairs and Communications
MarieHelene MSc, Communications Affairs
PEng Eng, CEO President
LLB LLM, Sr Officer
Samih Elhage, Independent Director
Pierre Maheux, Vice President - Corporate Controller
Zouheir MSc, VP CTO
Tim Dinesen, Chief Officer
Normand Legault, Independent Director
FrancoisPhilippe CFA, Vice Development
Michel Lorrain, President of Cogeco Media
Patrick Bratton, Interim President - Atlantic Broadband
MS BS, President Breezeline
Elizabeth Alves, Vice President - Enterprise Strategy and Social Responsibility
David McAusland, Independent Director
Michael Henry, Chief Officer
Patrice Ouimet, Chief Financial Officer, Senior Vice President
Troy Crandall, Head Relations
Nathalie Dorval, Vice President - Regulatory Affairs and Copyright
Frederic BCom, President Connexion
Caroline Paquet, President Inc
Nancy Audette, Senior Initiatives
Christian Jolivet, Senior Vice President - Corporate Affairs, Chief Legal Officer, Secretary
Diane Nyisztor, Chief Human Resource Officer, Senior Vice President
Martin Grenier, Vice President - Procurement
Sean Brushett, Chief Officer
Fatiha Moussadak, Director Relations
Arun Bajaj, Independent Director
Marie MBA, Senior Transformation

Cogeco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cogeco a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Cogeco

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cogeco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cogeco will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cogeco Stock

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Moving against Cogeco Stock

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The ability to find closely correlated positions to Cogeco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cogeco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cogeco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cogeco Inc to buy it.
The correlation of Cogeco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cogeco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cogeco Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cogeco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Cogeco Stock

Cogeco financial ratios help investors to determine whether Cogeco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cogeco with respect to the benefits of owning Cogeco security.