Cervus Equipment Corp CSQPF

Industrials Farm & Construction Equipment

Cervus Equipment Corp is a Canada-based equipment dealer. It acquires and operates authorized agricultural, commercial & industrial, and transportation equipment dealerships. The company has interests in dealerships located in Canada, New Zealand, and Australia. Its types of equipment include skid-steer loaders, compact excavators, telehandlers, and mulchers, among others. It offers new equipment, used equipment, parts, and services, maintenance, and rentals. Cervus operates through the following division segments: Agricultural segment, which generates majority revenue for the company; Transportation segment; and Industrial segment.

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Cervus Equipment Corp > New CEO w/ interesting history

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Comment by TradeTraceron Aug 19, 2019 1:23pm

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Post# 30043585

RE:RE:New CEO w/ interesting history

It would be a very poor move should they consider the dividend since they just raised it last quarter, and is definitely well below historical yields ($0.28/qrt before as opposed to $0.11/qrt today).

I just listened to the conference call and I can agree that weather and politics seem to be playing the major roles in the poor results, especially seeing Canada as the main contributor to lower gross profit. Side note: (Currently sitting at 19" of rain here in Central Alberta this year compared with 4" last year)

One thing I did notice was the question of M&A to Angela seemed to trigger an excited response but maybe I'm biased as that's what I am looking for?

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