TSE:ZCL
ZCL Composites Inc. (ZCL.TO)
10.00
-0.00 (0.00%)
as of Apr 5, 2019, 4:00:00 am Market Open.
21 watching
Financials 
Technical Analysis 0
BUY
BUY
Primary market is gas stations where they install 90% of the underground storage tanks. Increasing market share in the US. Made an ill-timed and expensive acquisition 5 years ago and put the company into a lot of difficulty. Stock has recovered nicely in the last several years. Repaired the balance sheet and the business is growing nicely now. Cheap.
Alex RuusOwned
misc industrial products
PAST TOP PICK
(A Top Pick May 22/12. Up 10.48%.) With the European crisis unfolding, yields for all types of quality bonds have gone way down, which is good for prices. Another advantage is corporate credit spread has also squeezed in, which helped this ETF. As long as there is no rate increase in the horizon, you could continue to hold and pick up the yield.
misc industrial products
DON'T BUY
Main business is doing fibreglass tanks for gasoline companies. Some US states have laws that tanks must be fibreglass. Huge potential in North America. Has seen some sales ramp up and earnings have come up as well but not as well as the market expected. Expensive at 25X or 30X earnings. Would buy it at 15X earnings.
misc industrial products
TOP PICK
Leading provider of fibreglass storage tanks in North America. Have a technology that allows them to be the low-cost producer. Have parlayed their low costs and pure quality into a dominant position in Canada. Entered US last year and are just getting going. Trading at under 10X earnings. 1.5% dividend.
Alex RuusOwned
misc industrial products
TOP PICK
#1 producer of fibreglass storage tanks. Have a technology advantage, which makes them a low-cost producer. Trading at under 10X earnings per year. Looking at the company over the next 3 years the story will get better and better. Will look quite cheap in 09. Should make $.50 in 08 and somewhere between $.60 and $.80 in 09.
Alex RuusOwned
misc industrial products
TOP PICK
(A Top Pick May 7/07. Down 34.8 %.) Fibreglass underground storage tanks. Poorly understood stock. Did a $10 issue last January to help finance an acquisition of a US competitor. Also had a couple of earnings disappointments creating a small panic. Expect to see a huge ramp in earnings over the next 5 years. Long-term value stock. Strong Buy.
Alex RuusOwned
misc industrial products
TOP PICK
(A Top Pick Nov 22/06. Up 1.6%.) Manufactures fibreglass storage tanks. With their technology have a dominant market share in Canada and have moved into the US. There is a lot of environmental legislation and a lot of leaking gasoline storage tanks. Had a bit of weakness in their upstream oil/gas supply business as well as a weaker US$. At these levels, it is a table-pounding Buy.
Alex RuusOwned
misc industrial products
TOP PICK
(A Past Top Pick Nov of22/06. Up 26%.) An under appreciated Canadian success story. Manufactures fibreglass storage tanks with a patented technology allowing them to be a low-cost producer. Expanding internationally.
Alex RuusOwned
misc industrial products
TOP PICK
(A Top Pick Nov 22/06. Up 5.2%.) A table pounder. Really undervalued when you look at the long-term earnings and cash flow that are going to come out of it. Low-cost producer with a patented technology. Hugely undervalued.
Alex RuusOwned
misc industrial products
TOP PICK
Manufacturer fibreglass storage tanks. 90% market share in Canada in the gasoline station market.
Alex RuusOwned
misc industrial products
TOP PICK
(A Top Pick Nov 22/06. Up 57.4%.) Their technology allows costs to be 30% lower than the nearest competitor. In January they acquired a large US tank manufacturer, which should give them accelerated growth.
Alex RuusOwned
misc industrial products
TOP PICK
(A Top Pick Jan 4/07. Up 42.5%.) The recent run has been due to their acquisition of a large US tank manufacturer. They have a lot of margin improvement opportunities.
Alex RuusOwned
misc industrial products
BUY
Expanding into the US by acquiring Xerxes. This really accelerates their story.
Hugh Cleland, CFAOwned
misc industrial products
TOP PICK
(A Top Pick Nov 22/06. Down .01%.) Leading provider of underground storage tanks in Canada. Starting to expand internationally. Have a 30% cost advantage over global competition due to patented technology. Also getting into relining existing storage tanks at filling stations, giving them a huge growth opportunity.
Alex RuusOwned
misc industrial products
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(Market Call Minute.) Likes the company longer-term.