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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

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

Comment by billrothon Jan 25, 2023 3:53pm
261 Views
Post# 35246178

RE:Assessment

RE:AssessmentFor what it is worth, here's my opinion on your question about EIF.

I've been in this stock for years and still "in" BIG ! It's my biggest posiition.

When it dropped to 14.40 (pandemic), i was sure that they would cut their dividend. Then, i remember the company published a note about their cash position, their confidence in honoring all their commitments and even considering acquisitions. THAT day, i started loading up being 100% confident about the payout capacity. And EIF delivered !

But like you wrote, the stock gets attacked quite often if you look carefully at the chart. Being actually at all time high, i trimmed it a little bit to lock in some profits but i plan to buy everything back when the pullback comes. My guess is that it could come down to around 46.00. So, i plan to start buying back at 48.00 and below.

Of course, i could be wrong so it is entirely your decision. But EIF is a solid company, still growing with a solid dividend that will also grow. So, buying at this level remains a good investment in my humble opinion.
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