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Finning International Inc T.FTT

Alternate Symbol(s):  FINGF

Finning International Inc. is a Canada-based caterpillar dealer. The Company provides caterpillar equipment, parts, services, and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom, and Ireland. The Company’s segments include Canada, South America, UK & Ireland, and Other. It sells, rents and provides parts and services for equipment and engines to customers in various industries, including mining, construction, petroleum, forestry and a wide range of power systems applications. With its inventory of new, used, and rental equipment, it can deliver the solution to meet client’s needs. Its products include Excavators, Dozers, Skid Steers and Compact Track Loaders, Articulated Trucks, Wheel Loaders, Motor Graders, and others. It provides rental solutions for all client’s construction, landscaping and snow removal needs at daily, weekly and long-term rates. Its services include fuel solutions, rebuilds, rentals, repair services and others.


TSX:FTT - Post by User

Bullboard Posts
Post by Georgia_Straighton Dec 05, 2008 5:12pm
830 Views
Post# 15630655

Pre-split

Pre-splitWhat a ride!  When I first bought this stock it was just under $9.00 before the split.  I noticed it would swing daily at around 10% and I started my buying and selling on those swings.  I amassed a considerable holding (for my modest portfolio) this way and had an initial sell target of $20 to $30.  I started selling a bit (10%) at $20.00 and sold more on the way up to the split where I retained only a modest amount.

FTT's price is now in the $6.00 pre-split range and the company has done so well.  Energy sales and forestry sales will suffer for a while, but I can't help but want to jump in again with both feet.  I picked up a bit over the past week and I'll watch for the  swings as I grow my investment back again over the next two years or so.
Bullboard Posts