
TSE:FSV
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues beat expectations by 7% and earnings per share by 33%. Year over year, revenues rose 10%, which is impressive considering today’s world. The outlook will improve with the economy. A solid investment. Unlock Premium - Try 5i Free
A unique Canadian company. Disciplined management makes good acquisitions, but the stock fell on their last earnings report with higher labor costs (that they passed onto their customers). They also do property management--there's room to grow in this space, because there remains lots of mom-and-pop businesses to buy. Their contracts are like annuities, renewed each year. FSV had issues with execution, but he's confident they'll sort this out. FSV manages a lot of gated communities in the US and apartment buildings.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues beat estimates and EPS was also better than expected. The stock is down slightly due to a lower beat over the past few quarters. Management is pointing to labour and resource constraints. Demand is strong and the future growth prospects are good. Unlock Premium - Try 5i Free