Exchange Income Corp T.EIF

Alternate Symbol(s): EIFZF | T.EIF.DB.J | T.EIF.DB.L | T.EIF.DB.M | T.EIF.DB.K

Industrials Airlines

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.

TSX:EIF - Post by User

Exchange Income Corp

Bullboard Posts

Comment by Mining_Dudeon Jul 05, 2017 1:52pm

334 Views

Post# 26436098

RE:RE:RE:RE:RE:RE:RE:RE:RE:what is going on

borne2run wrote: Yes it does, as long as you don't copy the period.

https://maydayeifdividend.com/

Company is buying back shares to prop up the stock price and because they can re-purchase and cancel shares that were sold for much more last December.
Investors need to compare balance sheets for last 5 years.
If I was long I would exit on any rally into the mid 30s.

Ok, let's compare balance sheets (and the rest of the financials) - what, in particular worries you.

I'd like to spend some time on page 8 of their report which shows the negative FCF and inability to fund the dividends.
For simplicity sake, consider the definitoin of FCF which is operating cashflow less MAINTENANCE capex less cash dividends. Capital acquisitoins (those defined as increasing revenue, not maintaining it) are capitalized. What Cohotes has conveniently done is lumped both acquisitoin and maintenance capex into one line item to make it appear as if the dividend is not sustainable.

Bullboard Posts

Changing Europe’s dependency on HREE from China