President at Sprung Investment Management
Member since: Oct '00 · 4275 Opinions
One of the Canadian superstars. Historic PE has always been a little high for him, but the CEO has done a great job buying companies. As for AI, he sees a lot of money going into AI and won't see a lot of revenues for a while. AI can write software, but it takes a lot of skill to put it all together.CSU will continue to exploit this. It's still too pricey for him, but growth investors should consider this.
The shares have gone down, and so have his shares. The market is looking past 2025. The wireless market has seen strong competition, and the markets hope this stabilizes in the future, perhaps from less immigration. BCE surprised many with its US acquisition which could add 500,000 customers. Pays a good 5.5% dividend. Isn't much downside from here.
The short-seller alleges that GSY is taking on riskier loans as consumer are more pressured in this market. GSY is managed well, has been around many years, so is certain that they have many reserves to protect them from riskier loans. Expects share to at least partially recover. The PE is too high for him.