Linamar Corp LIMAF

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[Possibleidiot01]

  Linamar (TSE:LNR) announced its quarterly results on Tuesday, November 12th. The company reported $2.35 earnings per share (EPS) for the previous quarter, beating the consensus

[Possibleidiot01]

Linamar (TSE:LNR) had its price target lowered by analysts at BMO Capital Markets from C$80.00 to C$75.00. This represents a 26.8% upside from the current price of C$59.16. Linamar (TSE

[Possibleidiot01]

Linamar stock ‘highly undervalued,’ executive chair says after Q3 earnings release By Jordan Fleguel November 13, 2024 at 2:36PM EST   Linda Hasenfratz

[Jonathan9]

$270 million free cash in the quarter. Paid down debt.  Improved leverage. Expect more of the same in Q4. On the conference call in the Q&A they confirmed active NCIB starting on the 15th

[longrun86]

A few analysts had downgraded their EPS estimates and corresponding share price targets. Q3 was a bit shy of the early estimates but beat the revised estimates by a decent margin. The Mobility

[PressRelease]

GUELPH, ON, Nov. 12, 2024 /CNW/ - (TSX: LNR)Strong financial performanceSales up 8.3% to $2.64 billion in Q3 2024;Normalized Operating Earnings1 up 14.1% in Q3 2024; andNormalized Diluted Earnings per Share1 up 6.3% in Q3 2024.Excellent Free Cash Flow$269.6 million of Free Cash Flow1 generated in...read article.

[ValueBets]

Great to hear from others who are motivated to add to their portfolio right now, like I also did. With significant FCF for the next 1-2 years, I think multiples objectives can be pursued. I

[Jonathan9]

I think you could see a NCIB announcement with earnings. I don't expect they will use it (unless stock keeps dropping). My guess is they will prioritize debt repayment, gearing up for the next

[ValueBets]

In 2022, 4M shares were bought back at around 59$ on average (around 6% of shares) Since then, around 1G$ in profits (over 2 years), mainly directed toward acquisitions, mainly in the AG Business

[andy604]

Wrong post  sorry, i have LNR also

[andy604]

https://money.tmx.com/en/earnings   Symbol Company Call Time EPS Estimate Reported

[longrun86]

Everyone agrees that buying back shares is a great idea at this price and on the last earnings call they definitely faced pressure to do that; however, they have not been active with any buybacks

[ValueBets]

Yes we do! First, 10% would mean buying back 6,1M shares at lets say 70$, so a total of 430M. After that, in the August presentation (Q2), cash available on credit facilities was around 550M$. More

[packerdriver]

Do we have the cash to do that?? If so I'm with you 100% on that idea...accretive and demonstrate confidence....what's not to like?

[ValueBets]

I agree : this is out of proportion! With a 0,65 book value, low debt, ridiculous PE and EV/Ebitda..  After Ford stock drop masively today, a drop mainly bottom line driven, losts on the EV side