Strongco Corp

SQP-T

Analysis and Opinions about SQP-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 4, 2010
Strongco (SQP-T) or Finning (FTT-T)? Finning has a better long-term track record. Both are good long-term holdings. Heavy equipment is very much driven by economic cycles but wouldn't be too excited at this time.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
October 4, 2010
Strongco (SQP-T) or Finning (FTT-T)? Finning has a better long-term track record. Both are good long-term holdings. Heavy equipment is very much driven by economic cycles but wouldn't be too excited at this time.
DON'T BUY
DON'T BUY
October 19, 2007
Was hit with the income trust tax. Had a bad quarter, and is smaller then their competition.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
October 19, 2007
Was hit with the income trust tax. Had a bad quarter, and is smaller then their competition.
DON'T BUY
DON'T BUY
September 17, 2007
Dealer of heavy equipment. Worst stock in sector. Won’t trade substantially above book value. Doesn’t expect down/up side.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
September 17, 2007
Dealer of heavy equipment. Worst stock in sector. Won’t trade substantially above book value. Doesn’t expect down/up side.
DON'T BUY
DON'T BUY
September 17, 2007
Dealer of heavy equipment. Worst stock in sector. Won’t trade substantially above book value. Doesn’t expect down/up side.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
September 17, 2007
Dealer of heavy equipment. Worst stock in sector. Won’t trade substantially above book value. Doesn’t expect down/up side.
PAST TOP PICK
PAST TOP PICK
August 7, 2007
(A Top Pick Aug 8/06. Down 63.3%.) Heavy equipment dealer and servicer. Will benefit from infrastructure build up. Sold all his shares after the 2nd bad quarter.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
August 7, 2007
(A Top Pick Aug 8/06. Down 63.3%.) Heavy equipment dealer and servicer. Will benefit from infrastructure build up. Sold all his shares after the 2nd bad quarter.
PAST TOP PICK
PAST TOP PICK
July 16, 2007
(A Top Pick Aug 8/06. Down 63%.) A dealer and servicer in heavy equipment. Have not delivered anything close to what they should have. Sold his holdings.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
July 16, 2007
(A Top Pick Aug 8/06. Down 63%.) A dealer and servicer in heavy equipment. Have not delivered anything close to what they should have. Sold his holdings.
DON'T BUY
DON'T BUY
June 8, 2007
Is a bit of a "gong show" right now. Have some debt issues right now. hold rating of $8.50
Show full opinionHide full opinion
Is a bit of a "gong show" right now. Have some debt issues right now. hold rating of $8.50
PAST TOP PICK
PAST TOP PICK
May 22, 2007
Disappointed him greatly. Other companies in the same business are benefiting from the construction boom in Canada, but Strongco isn't.
Show full opinionHide full opinion
Disappointed him greatly. Other companies in the same business are benefiting from the construction boom in Canada, but Strongco isn't.
HOLD
HOLD
April 9, 2007
A group of businesses that sell and rent heavy equipment to the construction sector. Very economically sensitive. Not a big fan.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
April 9, 2007
A group of businesses that sell and rent heavy equipment to the construction sector. Very economically sensitive. Not a big fan.
PAST TOP PICK
PAST TOP PICK
March 13, 2007
(A Top Pick Mar 16/06. Down 23.5%.) The government’s rule on trusts and the weakness in the oil/gas sector has hit this trust. 3rd quarter of 06 was weak. Looking for the 4th quarter results this week.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
March 13, 2007
(A Top Pick Mar 16/06. Down 23.5%.) The government’s rule on trusts and the weakness in the oil/gas sector has hit this trust. 3rd quarter of 06 was weak. Looking for the 4th quarter results this week.
BUY
BUY
February 26, 2007
Wholesale dealer of heavy equipment. Because of the large expansion in Alberta, as well as strong mining in other provinces and infrastructure spending is going up, companies like Strongco (SQP.UN-T) and Wajax (WJX.UN-T) should do OK. Close to 100% payout.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
February 26, 2007
Wholesale dealer of heavy equipment. Because of the large expansion in Alberta, as well as strong mining in other provinces and infrastructure spending is going up, companies like Strongco (SQP.UN-T) and Wajax (WJX.UN-T) should do OK. Close to 100% payout.
DON'T BUY
DON'T BUY
February 23, 2007
Rents heavy equipment. Have a relationship with Volvo. A lot of exposure to the West. Exposure in the forestry sector is not as favourable. Earnings are quite cyclical.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
February 23, 2007
Rents heavy equipment. Have a relationship with Volvo. A lot of exposure to the West. Exposure in the forestry sector is not as favourable. Earnings are quite cyclical.
BUY
BUY
February 9, 2007
Construction activity out west is pretty good.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
February 9, 2007
Construction activity out west is pretty good.
PAST TOP PICK
PAST TOP PICK
December 27, 2006
(A Past Top Pick Aug 8/06. Down 45.1%.) Hit with 3 bad items in a row. 1) Analyst gave a negative report. 2) Government announcement on trusts 3) Results were a little disappointing. Giving a 19% yield. Still likes.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
December 27, 2006
(A Past Top Pick Aug 8/06. Down 45.1%.) Hit with 3 bad items in a row. 1) Analyst gave a negative report. 2) Government announcement on trusts 3) Results were a little disappointing. Giving a 19% yield. Still likes.
DON'T BUY
DON'T BUY
November 24, 2006
Rents/sells industrial equipment. Sold his holdings when he saw weakness in the Ontario economy about a year ago. Highly cyclical.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
November 24, 2006
Rents/sells industrial equipment. Sold his holdings when he saw weakness in the Ontario economy about a year ago. Highly cyclical.
DON'T BUY
DON'T BUY
November 3, 2006
Rents equipment for the construction/industrial sectors. Last quarter was a bit weak. Revenue was down 9% in the forestry sector of their business. Very cyclical.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
November 3, 2006
Rents equipment for the construction/industrial sectors. Last quarter was a bit weak. Revenue was down 9% in the forestry sector of their business. Very cyclical.
PAST TOP PICK
PAST TOP PICK
October 26, 2006
(A Top Pick June 5/06. Down 6.6%.) There was a lot of selling of small trusts, because of fear of recession. Feels this will go back to $25 next year.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
October 26, 2006
(A Top Pick June 5/06. Down 6.6%.) There was a lot of selling of small trusts, because of fear of recession. Feels this will go back to $25 next year.
COMMENT
COMMENT
October 20, 2006
Recent report on their debt position was in error. Debt level is manageable at 1.2 X to cash flow.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
October 20, 2006
Recent report on their debt position was in error. Debt level is manageable at 1.2 X to cash flow.
TOP PICK
TOP PICK
August 8, 2006
(A Top Pick June 5/06. Up 4.4%.) Heavy equipment provider. Earnings were up last quarter. Sales were up 50% in the western part of their business. Still paying taxes, but this will probably disappear next year.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
August 8, 2006
(A Top Pick June 5/06. Up 4.4%.) Heavy equipment provider. Earnings were up last quarter. Sales were up 50% in the western part of their business. Still paying taxes, but this will probably disappear next year.
TOP PICK
TOP PICK
June 5, 2006
(A Top Pick Feb 15/06. Up 4.5%.) Thinks it will provide $2.50 of earnings this year. All of their earnings are free cash. Thinks distributions will continue to increase going forward.
Show full opinionHide full opinion
(A Top Pick Feb 15/06. Up 4.5%.) Thinks it will provide $2.50 of earnings this year. All of their earnings are free cash. Thinks distributions will continue to increase going forward.
PAST TOP PICK
PAST TOP PICK
April 19, 2006
(A Top Pick Feb 15/06. No change.) Distributors of heavy equipment machinery across Canada. Trailing earnings are roughly $1.87 and expect them to make $2.30/2.40 this year. Have added more at the $17/18 area.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
April 19, 2006
(A Top Pick Feb 15/06. No change.) Distributors of heavy equipment machinery across Canada. Trailing earnings are roughly $1.87 and expect them to make $2.30/2.40 this year. Have added more at the $17/18 area.
BUY
BUY
April 19, 2006
Q: Compared with Wajax (WJX.UN-T). A: Has not moved up as much as Wajax, so is cheaper. Will probably trade at 7 X its earnings.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
April 19, 2006
Q: Compared with Wajax (WJX.UN-T). A: Has not moved up as much as Wajax, so is cheaper. Will probably trade at 7 X its earnings.
TOP PICK
TOP PICK
March 16, 2006
Strongco Icome Fund provides heavy equipment for mining, construction and infrastructures in Canada. Company is doing well and is growing. Yield is 10%. It generates a lot of free cash flow. Predicts distribution will rise in 06. There are risks if the economy weakens and Canada goes into a recession. He bought this stock from $13-21.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
March 16, 2006
Strongco Icome Fund provides heavy equipment for mining, construction and infrastructures in Canada. Company is doing well and is growing. Yield is 10%. It generates a lot of free cash flow. Predicts distribution will rise in 06. There are risks if the economy weakens and Canada goes into a recession. He bought this stock from $13-21.
TOP PICK
TOP PICK
February 15, 2006
Their earnings and margins are growing. The multiple is reasonably low. Expect they will make $2.25/2.50 a share next year. Looking for them to increase distributions to above $2.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
February 15, 2006
Their earnings and margins are growing. The multiple is reasonably low. Expect they will make $2.25/2.50 a share next year. Looking for them to increase distributions to above $2.
SELL
SELL
February 10, 2006
Has an excellent exposure, sort of a third derivative play on oil in that they provide a lot of heavy equipment and services to that sector. Would prefer Wajax (WJX.UN-T) which has more upside.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
February 10, 2006
Has an excellent exposure, sort of a third derivative play on oil in that they provide a lot of heavy equipment and services to that sector. Would prefer Wajax (WJX.UN-T) which has more upside.
BUY
BUY
October 26, 2005
In the business of distributing heavy machinery. The strength in mining and energy is very positive for them. Prefers Wajax (WJX.UN-T).
Show full opinionHide full opinion
Strongco Corp (SQP-T)
October 26, 2005
In the business of distributing heavy machinery. The strength in mining and energy is very positive for them. Prefers Wajax (WJX.UN-T).
WEAK BUY
WEAK BUY
June 10, 2005
Relatively high yield versus business trusts, but in a very cyclical business. Doesn't have an unblemished past. Very aggressive payout ratio at 90%.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
June 10, 2005
Relatively high yield versus business trusts, but in a very cyclical business. Doesn't have an unblemished past. Very aggressive payout ratio at 90%.
WEAK BUY
WEAK BUY
December 18, 2003
Up 194% year-to-date. Average daily volume is only 7900 shares. A liquidity and small market cap issue indicate a high risk profile. Getting higher margins on their sales and rentals.
Show full opinionHide full opinion
Strongco Corp (SQP-T)
December 18, 2003
Up 194% year-to-date. Average daily volume is only 7900 shares. A liquidity and small market cap issue indicate a high risk profile. Getting higher margins on their sales and rentals.
Showing 1 to 28 of 28 entries
  • «
  • 1
  • »

Strongco Corp(SQP-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Strongco Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Strongco Corp(SQP-T) Frequently Asked Questions

What is Strongco Corp stock symbol?

Strongco Corp is a Canadian stock, trading under the symbol SQP-T on the Toronto Stock Exchange (SQP-CT). It is usually referred to as TSX:SQP or SQP-T

Is Strongco Corp a buy or a sell?

In the last year, there was no coverage of Strongco Corp published on Stockchase.

Is Strongco Corp a good investment or a top pick?

Strongco Corp was recommended as a Top Pick by Jason Donville on 2010-10-04. Read the latest stock experts ratings for Strongco Corp.

Why is Strongco Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Strongco Corp worth watching?

In the last year 0 stock analysts on Stockchase covered Strongco Corp. The stock is worth watching.

What is Strongco Corp stock price?

On 2020-03-23, Strongco Corp (SQP-T) stock closed at a price of $3.14.