USD vs CADI did my calculations on BOS assuming I was reading the financial statements in CAD and thought it was cheap. Then I realized it's shown in USD! The company is even cheaper than I originally thought...
I think the only thing that can justify this price is an implosion in the auto sector, and with "higher for longer" interest rates I guess that's a possibility, but seems like a stretch at this moment in time.The average age of cars on the road in Canada is 11 years old and 12.5 years in the US. The UAW strike is a short term issue.
This is trading at ~80M USD market cap....with NAV of 186M or more if you give market value to PPE.
Get paid 7% div while waiting. Probably the cheapest valuation in this company's history.
Anyone else seeing this play out differently?