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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

Post by retiredcfon Jun 11, 2024 6:43am
235 Views
Post# 36082217

Analyst Comment

Analyst CommentGiven their conservative nature (see background notes) was a bit surprised that they are now conducting their DD and seriously considering investing in EIF. GLTA

Our portfolio has remained extremely conservative and defensive despite market optimism this year. We are extremely cautious in the near/medium term as we see several signs of an economic downturn. The perceived strength of the consumer is showing signs of weakness as saving rates have come down, credit balances are up and total retail spending is slowing. We’ve seen many retailers in the U.S. and in Canada bring down their guidance for the rest of the year amid a more cautious and cash-strapped consumer.

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Exchange Income(EIF-T)
10/06/2024
 
It is a good name and operates in rural and northern areas in Canada. It is the only airline in the North Pacific region. It operates in niche businesses and is like a mini-monopoly. It has a good CEO and she wants to see if this applies to the whole team behind the CEO. Has a 5.7% yield
Transportation & Environmental Services

Rebecca Teltscher
$45.480
No
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