TSE:WSP

WSP Global Inc. (WSP.TO)

186.94
+2.61 (1.42%)
as of Nov 13, 2026, 9:00:00 pm Market Closed.
416 watching
0
BUY ON WEAKNESS

Margins are much better on engineering consulting than on construction. Owns this but probably won’t keep it. He would be a buyer below $20. 6.8% dividend yield.

BUY

Did a large UK acquisition. Margins are less than the North American business so the blended margins don’t look as good. He is not hung up on the margins. 6.9% yield.

TOP PICK

Engineering/design firm. Stock is off significantly over the past few months due to an equity raise and their acquisition of WSP Group, a very large British engineering firm. Very well run company and dividend yield of 7.1% is very secure. Very strong visibility and an outlook for earnings growth as we get into 2013-2014.

BUY
Acquiring WSP Group. Of all the major public engineering type companies in Canada, this is the best of breed. Has a much steadier quarter to quarter profile. Very well run. 6.5% dividend is sustainable and over time it will grow.
COMMENT
(Market Call Minute.) Not his favourite sector but if you do have to be in infrastructure this would be the one.
TOP PICK
Likes the engineering services space generally. Does no construction, just design work. Very strong insider ownership. 6.2% dividend yield is very attractive. Expect they will continue to grow earnings out at a high single digit or low double digit rate over the next few years.
HOLD
Has always liked it but has not done well this year.
TOP PICK
Engineering services firm out of Quebec. Good management that have grown organically and through acquisitions through the years. Nice mix between government and private contracts. Well positioned for any economic rebound. Expect 6% yield to be maintained after conversion Jan 1.
BUY
Good infrastructure play. Likes the way they run their business. More on the front-end engineering and design. Cheap.
BUY
Infrastructure is an area that should be somewhat resistant to a recession/depression because governments will be spending. Extremely well run. 60% of their business is from federal, provincial and municipal governments. 6%-7% distribution. Good long-term hold.
TOP PICK
Engineering company. Every $1 they make has profit. Lots of growth. Trades around 6.5 X free cash flow per share this year. Will benefit on any Canadian infrastructure spending. 60% of revenue is government related. Cheap. Risk/reward is reasonable.
TOP PICK
Engineering company. 100% Canadian. Very high percentage is government infrastructure building. If the world goes into a recession, the government will announce a huge infrastructure-building program. Currently generating about 15% free cash flow yield. Last quarter EBITDA was up 80%. Very cheap.
BUY
Has done a very nice job of growing. Likes the engineering aspect of it for the infrastructure build that they will take part in.
PAST TOP PICK
(A Top Pick Aug 8/06. Up 70.2% plus 10% distribution.) Infrastructure company. Expect double-digit growth internally plus acquisitions. While waiting, you get 3/4% monthly distribution.
PAST TOP PICK
(A Top Pick Aug 8/06. Up 57%.) Benefiting from the infrastructure boom in Canada. Just announced 2 acquisitions. Expect them to grow 10% a year in terminally plus at least 10% from acquisitions. 10% yield.
Showing 241 to 255 of 263 entries