Hardwoods Distribution

HDI-T

Analysis and Opinions about HDI-T

Signal
Opinion
Expert
Chart
SELL
SELL
July 25, 2007
A distributor of hardwood to manufacturers of hardwood products, not flooring. About 70% of its business is in the US, so there could be a currency problem. The slowdown in housing in the US is a negative.
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A distributor of hardwood to manufacturers of hardwood products, not flooring. About 70% of its business is in the US, so there could be a currency problem. The slowdown in housing in the US is a negative.
BUY
BUY
February 9, 2007
Will be volatile because of its exposure to the housing cycle. A reasonable amount of leverage. Have a history of expanding their outlets. Statistically very cheap. 6 X distributable cash flow. If you can deal with the volatility, it has every reason to be able to appreciate.
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Will be volatile because of its exposure to the housing cycle. A reasonable amount of leverage. Have a history of expanding their outlets. Statistically very cheap. 6 X distributable cash flow. If you can deal with the volatility, it has every reason to be able to appreciate.
DON'T BUY
DON'T BUY
September 29, 2006
They have cut distribution once this year. Their pay out ratio is over 100%. It a seasonable industry. Avoid it.
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They have cut distribution once this year. Their pay out ratio is over 100%. It a seasonable industry. Avoid it.
Robert Lauzon
Price
$4.850
Owned
No
DON'T BUY
DON'T BUY
August 11, 2006
Not a fan of distribution businesses. The largest hard wood distributor in Canada. There have been some improvements in its revenues but it is a thin margin business. Has cut distributions. Payout ratio is too high.
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Not a fan of distribution businesses. The largest hard wood distributor in Canada. There have been some improvements in its revenues but it is a thin margin business. Has cut distributions. Payout ratio is too high.
Garth Jestley
Price
$5.360
Owned
No
HOLD
HOLD
July 13, 2006
Has not done well since its IPO. Thinks the worst times for this business are past. Extremely inexpensive. They have 2 years to grow their business to a point where they can offset an upcoming hedge that's coming off for currency.
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Has not done well since its IPO. Thinks the worst times for this business are past. Extremely inexpensive. They have 2 years to grow their business to a point where they can offset an upcoming hedge that's coming off for currency.
DON'T BUY
DON'T BUY
January 6, 2006
Has a yield of almost 16%. Had a pretty strong correction which started last summer. Investors were becoming concerned with building materials and construction oriented companies. They cautioned that their growth was going to be more muted this year and it was. Have a well defined strategy. They will be economically sensitive.
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Has a yield of almost 16%. Had a pretty strong correction which started last summer. Investors were becoming concerned with building materials and construction oriented companies. They cautioned that their growth was going to be more muted this year and it was. Have a well defined strategy. They will be economically sensitive.
DON'T BUY
DON'T BUY
December 19, 2005
Primarily focused on the furniture industry. Hard hit based on investors fears of building products being, low consumer demand. Growth has been relatively slower than last year. Pretty well back on track. Payout ratio is about mid-50’s and debt is reasonable. All of the bad news is now built into the price. Doesn't see a catalyst to make it moved higher.
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Primarily focused on the furniture industry. Hard hit based on investors fears of building products being, low consumer demand. Growth has been relatively slower than last year. Pretty well back on track. Payout ratio is about mid-50’s and debt is reasonable. All of the bad news is now built into the price. Doesn't see a catalyst to make it moved higher.
HOLD
HOLD
November 18, 2005
Involved with the distribution of lumber and building type products. Nothing fundamentally wrong with this story. Dropped because of the market's worry on housing. 3rd quarter results were flat. Payout ratio is about 97%, so a little higher than she likes. Trading at a good price with a 15/16% yield. Hold if you like the yield, but don't buy.
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Involved with the distribution of lumber and building type products. Nothing fundamentally wrong with this story. Dropped because of the market's worry on housing. 3rd quarter results were flat. Payout ratio is about 97%, so a little higher than she likes. Trading at a good price with a 15/16% yield. Hold if you like the yield, but don't buy.
Michele Robitaille
Price
$6.640
Owned
Unknown
WEAK BUY
WEAK BUY
October 14, 2005
2/3% revenue growth is expected. Have a planned strategy to expand their existing markets. It will be a slow expansion. Distribution is relatively safe. Could be economically sensitive.
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2/3% revenue growth is expected. Have a planned strategy to expand their existing markets. It will be a slow expansion. Distribution is relatively safe. Could be economically sensitive.
Showing 31 to 39 of 39 entries