#stephen mandel

[allthecanadianpolitics]

Alberta Party leader Stephen Mandel steps down

The Alberta Party will search for a new leader after Stephen Mandel announced Friday he’s standing down following 15 months on the job.Mandel told Postmedia it’s time to move on and sta…

The Alberta Party will search for a new leader after Stephen Mandel announced Friday he’s standing down following 15 months on the job.

Mandel told Postmedia it’s time to move on and start a new phase of his life.

While he’ll continue supporting the party, he said he’s looking forward to going back to his role as chancellor of Edmonton’s Concordia University and spending more time with his family.

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Tagging: @abpoli

[allthecanadianpolitics]

Alberta Party Leader Stephen Mandel ineligible to run, plans to take issue to court

“In Mr. Mandel’s case, he did file it but he filed it late, so it’s a five-year penalty,” Westwater said. If financial statements aren’t filed at all, the penalty increases to eight years.

Alberta Party Leader Stephen Mandel is ineligible to run for election until 2023, but he says he will take the matter to court.

Mandel, who plans to run in Edmonton-McClung, is listed on the Elections Alberta website as being ineligible to run in an election for five years.

The list generally includes candidates who have failed to file their financial statements on time, said Elections Alberta spokesman Drew Westwater.

Mandel and five other Alberta Party candidates who are listed as ineligible can go to court and ask for a waiver, he added.

“While this is concerning, we also believe there is confusion about the actual due dates this paperwork is due to Elections Alberta. Because the penalties for late filing are so serious, we have also applied to the Court of Queen’s Bench to review and rule on this matter as soon as possible,” said Mandel in a statement Friday.

Alberta Party candidates Ali Haymour, Diana Ly, Amrit Matharu, Moe Rahall and Rachel Timmermans also each face a five-year ban.

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[4steviewonderseyes]

Alberta Premier Debate Drinking Game

Did Jason Kenney forget hes running for premier of Alberta and not prime minister??? Take a shot everytime he mentions Justin Trudeau and you'll be dead from alcohol poisoning!!

[allthecanadianpolitics]

Stephen Mandel wins race with 66% of vote to become new leader of Alberta Party

Mandel captured 3,045 of the 4,613 votes cast online or by phone by party members over the last three days.

Former Edmonton mayor and Progressive Conservative cabinet minister Stephen Mandel is the new leader of the Alberta Party.

Mandel collected 66 per cent of the vote Tuesday on the first round of voting on a preferential ballot, defeating Calgary legislature member Rick Fraser and energy lawyer Kara Levis.

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[mastermaq]

[pushmipullyuinvesting]

Stephen Mandel's Investment Checklist

Some interesting perspectives from First Adopter: 

For long ideas Mandel wants:

-solid return on capital  -good cash flow  -prudent balance sheet  -competitive barriers (aka moat)  -strong management team

For short ideas Mandel wants:

-avoid private equity targets (companies with good cash flow etc.)  -competitively challenged (aka no moat)  -fads, 1 product companies  -falling knives (results will be much worse than consensus)

For his price targets on solid growth companies, Mandel’s analysts model earnings 2 years out and are willing to put a 25Xs earnings multiple on that forecast. The game-plan is one year later the company will be valued at 25Xs forward earnings with the stock hitting the analyst’s price target as consensus catches up to Mandel’s analyst earnings estimate.

[mastermaq]

“I wouldn’t run, not under the current leadership,” said Mandel in a remarkably blunt interview on Monday.

Thomson: Redford’s leadership will keep Mandel on provincial sidelines

[mastermaq]

If the Bill Smith era was marked by too much belt-tightening (I would argue it wasn't, but let's indulge that argument for a moment), then the Mandel era was marked by too little concern for the bottom line and too many frivolous distractions away from core services.

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