Cervus Equipment Corp T.CVL

Primary Symbol: CSQPF

Industrials Farm & Construction Equipment

Cervus Equipment Corp is a Canada-based equipment dealer. It acquires and operates authorized agricultural, commercial & industrial, and transportation equipment dealerships. The company has interests in dealerships located in Canada, New Zealand, and Australia. Its types of equipment include skid-steer loaders, compact excavators, telehandlers, and mulchers, among others. It offers new equipment, used equipment, parts, and services, maintenance, and rentals. Cervus operates through the following division segments: Agricultural segment, which generates majority revenue for the company; Transportation segment; and Industrial segment.

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Cervus Equipment Corp > New CEO w/ interesting history

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Post by TradeTraceron Apr 18, 2019 12:09pm

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Post# 29644995

New CEO w/ interesting history

I see CERV has announced the successor to Graham Drake and she is Angela Lekatas...
I looked up the name and see she was largly involved in the merger of Agrium and Potash Corp, (the new Nutrien) and thought that was interesting.

As well back in November CERV announced it was looking for acquistions, now they have a new CEO that specializes in such a thing... (My guess is they haven't broken into the American market yet...)

It also plays well into the fact that CERV is buying back shares on the daily (according to the Canadian Insider) and if they fufill their plan of buying 1 million shares the total control of institutions and insiders will be around 57%. (Enough to bring the vote positive)

All these are my take on what could be an interesting upcoming year for CERV, it's all theory but there are definitely some interesting coincidences taking place

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