Post by
Tslayer on May 03, 2024 8:47am
Financials
Don't let 1 under whelming financial quarter scare you away. These large companies almost always bounce back. Wajax is one of them. Buying the dip on these large drawbacks is a bonanza. My most profitable purchase last year was Aecon on an October pull back because of weak fins. It has almost doubled up since then and made me a lot of money. I was in a large way yesterday at $27.26. Let's see if it pays off.
Comment by
cupricity on May 05, 2024 3:11pm
The japanese yen is doing pretty poorly. The Canadian dollar is up 10 percent in the last year. Should help. The entire Canadian economy is entering a tail spin but should be short lived. Iggy has real stamina. This is an entry point.
Comment by
rjb1954 on May 07, 2024 3:39pm
It was actually a pretty good quarter. Not only did WJX pay a $0.35 dividend, the Tangible Book Value went up by $0.50 per share. Nothing shabby about that.