TSX:IBG.DB.E - Post by User
Comment by
Calgaryrideron Nov 11, 2017 11:49pm
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Post# 26946631
RE:RE:RE:Estimate - Q3 Results - $93M revenue, $0.11 EPS
RE:RE:RE:Estimate - Q3 Results - $93M revenue, $0.11 EPSBulls, thanks for the continued posts with notes from analysts. Keep it up, pls.
brewster, good times ahead will continue!
I listened to the conf. Call and they mentioned the D word!
These guys are so conservative, they even hesitated. Hahah.
They clearly stated that they would make a decision on capital allocations (incl. potentially reinstating the dividend) for H2-2018, when they will have reached their debt to cashflow targets.
Fred Bastien (analyst) has continued to hound management on this topic and, frankly, I appreciate it.
Hopefully new 12month price targets issued by these analysts will take future distributions into account. These guys could sustain up to a 5% dividend quite easily....likely even more by next years target - assuming today's share price.
Looking forward to it.
Again, $9-12 is my target for this stock in 2018.
IBI management has met every one of my expectations this year and is right where I thought it would be. Congrats, longs.