GREY:ZCLCF - Post by User
Post by
retiredcfon Jan 27, 2017 3:41pm
129 Views
Post# 25765592
Another Recommendation
Another RecommendationFrom earier this week. GLTA
https://www.bnn.ca/market-call-tonight/steve-digregorio-discusses-zcl-composites~1041828
ZCL-T 2017-01-23 BUY Steve DiGregorio
A business he likes because it is an environmental play. They sell fibre glass storage units for gas stations. The big play here is that old storage tanks were installed 20-30 years ago, and are made out of steel, and which are leaking into water tables. There is no debt on the balance sheet. Generates over 8% free cash flow yield. It made so much cash last year, that they had to pay a special distribution.
Login to show your approval Login to show your disapproval / Be the first to comment
Price:
$12.660
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Yes