HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

WCP cut its dividend in 2016 and 2020, but in recent years it has not. Cash from operations is highly positive at $1.822B in the last-twelve-months along with a solid balance sheet which makes us believe that the dividend is probably secure, barring a collapse in commodity prices. . The nine month payout ratio was 76%. 
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COMMENT
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Company Highlight: Terravest Industries Inc. (TVK)

TVK is a Canadian company that operates as a serial acquirer of niche equipment and services for a variety of markets including transportation, mining, transportation, etc.

Over the past 10 years, its price has compounded at a 31.6% annualized rate, supported by healthy growth in fundamentals, and TVK’s sales growth during that period was 26.6% CAGR. Solid sales growth was driven through a combination of organic growth and acquisitions It currently has a market cap of $900 million, a reasonable forward P/E of 21.4X, and a decent financial position with a net debt/EBITDA of around 2.0x.

TVK has a disciplined and opportunistic approach to capital allocation. It has a dividend yield of 1.2% as TVK reinvested heavily back into the business. In 2021, TVK opportunistically reduced its outstanding shares by 6% while the valuation was cheap.
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BUY

It reports Monday. Orders for infrastructure and data centres have been huge. This stock is crushing the short-sellers. Is up nearly 100 points since its last quarter.

BUY

It reports Monday. Almost always, shares rise right after earnings and likely to happen again

BUY

It reports Monday. A huge owner of malls. Watch their report for the state of malls real estate. He expects a good quarter, and they will continue to pay good dividends.

BUY

It reports Tuesday. It comes down to their weight-loss drug sales. How quickly can they rump in production of it in their factories to meet demand?

BUY

It reports Tuesday. Trane just reported a positive surprise and he expects CARR to do the same.

BUY

It reports Tuesday. They just signed Joe Rogan to huge contract. That could signal super numbers when they report.

BUY

It reports Tuesday. They supply industrial gas to hospitals, oil/gas, semi-makers, dollar stores and vinters. It does fine when the economy struggle and great when it thrives.

BUY

It reports Tuesday. They delivered terrific numbers to CNBC earlier today, because it sells a lot of hybrids, which is where the money is now.

PARTIAL BUY

It reports Tuesday If Eli Lilly reports 9also Tuesday) good GLP numbers, he'd buy Amgen.

COMMENT

It reports Wednesday. They'll likely talk more about their transformation, but he has worries about their Aetna management--could it fall prey to the same medical-loss ratio issues that hurt Humana?

PARTIAL BUY

It reports Wednesday. The franchise market has been very good to KFC and Taco Bell, but not Pizza Hut. Shares are firing hot with two hot brands, but suppose they add a third?

WATCH

It reports Wednesday. He expects mediocre numbers from this once-great company, some self-inflicted. Netflix is running rings around them, and DIS can't get its costs down. He wants to know why DIS refuses to put Nelson Peltz on the board.

WEAK BUY

It reports Wednesday.  He likes it. They typically under-promise and over-deliver, though nothing is guaranteed.