TSE:TIH
76.90
0.40
(0.52%)
Toromont Industries
TIH-T
Analysis and Opinions about TIH-T
Signal
Opinion
Expert
TOP PICK
TOP PICK
October 21, 2009
Loves the management team, has held it for a number of years. There is lots of growth in this market given the infrastructure required in oil and gas. As you build out infrastructure to transport natural gas, you need compression units and that’s where the growth is. Risk is the price of Nat Gas and economic activity – if stimulus’s don’t continue
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Loves the management team, has held it for a number of years. There is lots of growth in this market given the infrastructure required in oil and gas. As you build out infrastructure to transport natural gas, you need compression units and that’s where the growth is. Risk is the price of Nat Gas and economic activity – if stimulus’s don’t continue
BUY
BUY
September 21, 2009
Incredibly cheap. Looking at the 22-year dividend history is one of the best dividend growers in Canada. Very predictable stream of growth. 2.6% yield.
Show full opinionHide full opinionIncredibly cheap. Looking at the 22-year dividend history is one of the best dividend growers in Canada. Very predictable stream of growth. 2.6% yield.
PAST TOP PICK
PAST TOP PICK
September 18, 2009
(A Top Pick Sept 3/08. Down 26.1% but got stopped out at $27 for a 14.3% loss.) Now doing well and starting to make a base. Ideal buying opportunity. 200-day moving average is around $22 but has just had a major break above a descending trendline so stock is probably ready to jump.
Show full opinionHide full opinion(A Top Pick Sept 3/08. Down 26.1% but got stopped out at $27 for a 14.3% loss.) Now doing well and starting to make a base. Ideal buying opportunity. 200-day moving average is around $22 but has just had a major break above a descending trendline so stock is probably ready to jump.
PAST TOP PICK
PAST TOP PICK
June 29, 2009
(A Top Pick Feb 6/07. Up 4.26%.) This is one you just put in your portfolio and forget about it. They run a fantastic business. Ideal play on infrastructure spending in Canada. Also have a play on unconventional natural gas extraction.
Show full opinionHide full opinion(A Top Pick Feb 6/07. Up 4.26%.) This is one you just put in your portfolio and forget about it. They run a fantastic business. Ideal play on infrastructure spending in Canada. Also have a play on unconventional natural gas extraction.
COMMENT
COMMENT
October 23, 2008
Some exposure to the housing industry but very well diversified. Financially solid. Compression business is solid as well. Its fundamentals are going to be overwhelmed by the credit winds. 3 to 5 year horizon, it's a buy.
Show full opinionHide full opinionSome exposure to the housing industry but very well diversified. Financially solid. Compression business is solid as well. Its fundamentals are going to be overwhelmed by the credit winds. 3 to 5 year horizon, it's a buy.
TOP PICK
TOP PICK
September 3, 2008
Strong uptrend. Above the 200-day moving average. Industrials should do well. Stop/loss should be $28 or $29.
Show full opinionHide full opinionStrong uptrend. Above the 200-day moving average. Industrials should do well. Stop/loss should be $28 or $29.
TOP PICK
TOP PICK
February 6, 2007
Has the ability to sustain itself after the business cycle, because of its presence in Ontario. Expects government will spend a great deal on infrastructure.
Show full opinionHide full opinionHas the ability to sustain itself after the business cycle, because of its presence in Ontario. Expects government will spend a great deal on infrastructure.
BUY
BUY
December 21, 2006
The model price is $32.24, a 34% positive differential. If it qualified for his portfolios, he would buy it.
Show full opinionHide full opinionThe model price is $32.24, a 34% positive differential. If it qualified for his portfolios, he would buy it.
DON'T BUY
DON'T BUY
September 1, 2006
Big infrastructure needs should keep propelling both companies forward. Slightly expensive. Trades at 17 X next year's earnings. Would prefer it under $15.
Show full opinionHide full opinionBig infrastructure needs should keep propelling both companies forward. Slightly expensive. Trades at 17 X next year's earnings. Would prefer it under $15.
BUY
BUY
March 27, 2006
Caterpillar equipment dealer. Prefers Finning (FTT-T). Very well-run company and has always traded at a premium multiple but there has been some contraction in that. Quality name.
Show full opinionHide full opinionCaterpillar equipment dealer. Prefers Finning (FTT-T). Very well-run company and has always traded at a premium multiple but there has been some contraction in that. Quality name.
TOP PICK
TOP PICK
March 15, 2006
Toromont Industries has two key areas that they work in. One is caterpillar dealerships in Ont., Man. and N. Canada. The other is in gas compressors. He likes this company because it has steady growth, it is well managed, always traded at a premium and is well diversified. Sees continued growth. Not a big large cap company. Bought March 10 at $25.45. He will continue to add to it as well.
Show full opinionHide full opinionToromont Industries has two key areas that they work in. One is caterpillar dealerships in Ont., Man. and N. Canada. The other is in gas compressors. He likes this company because it has steady growth, it is well managed, always traded at a premium and is well diversified. Sees continued growth. Not a big large cap company. Bought March 10 at $25.45. He will continue to add to it as well.
BUY
BUY
February 10, 2006
Caterpillar dealer. Has done fairly well. A leverage play on the resources boom.
Show full opinionHide full opinionCaterpillar dealer. Has done fairly well. A leverage play on the resources boom.
HOLD
HOLD
November 28, 2005
A terrific looking chart. Good long uptrend. There is no reason to sell.
Show full opinionHide full opinionA terrific looking chart. Good long uptrend. There is no reason to sell.
HOLD
HOLD
August 15, 2005
In a number of industries, but the one it's best known for is its Caterpillar Equipment distributorship, especially in eastern Canada. With the resource/mining boom, Caterpiller has been in demand. Well run company. Has become more cyclical.
Show full opinionHide full opinionIn a number of industries, but the one it's best known for is its Caterpillar Equipment distributorship, especially in eastern Canada. With the resource/mining boom, Caterpiller has been in demand. Well run company. Has become more cyclical.
PAST TOP PICK
PAST TOP PICK
August 2, 2005
(A Top Pick Aug 23/04. Up 26%.) Still likes. Has moved very nicely and probably not cheap. Has solid management, so likes it for the long term. 2 areas of growth, Caterpillar dealership (spare parts only) and gas compression. Would buy more on any weakness.
Show full opinionHide full opinion(A Top Pick Aug 23/04. Up 26%.) Still likes. Has moved very nicely and probably not cheap. Has solid management, so likes it for the long term. 2 areas of growth, Caterpillar dealership (spare parts only) and gas compression. Would buy more on any weakness.
