
TSE:MDI
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Latest results were strong and this is a good name to own for sector exposure. Margins grew and the company is handling costs quite well. Fundamentals and balance sheet looks good. Position size should be carefully chosen, especially with the higher 18.6x earnings valuation. Momentum is strong. Unlock Premium - Try 5i Free
The drillers have all had a little bit of problem recently. This one is a little bit more exposed to the mining side, which continues to be very, very challenged. If you want a drilling company, he would prefer CanElson Drilling (CDI-T), which has done a good job. Has exposure to Mexico, North Dakota and Canada. Also, has a dividend yield of about 4%.