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Exchange Income Corp T.EIF.DB.L


Primary Symbol: T.EIF Alternate Symbol(s):  EIFZF | T.EIF.DB.J | 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 dwitzanyon Jun 21, 2024 2:02pm
142 Views
Post# 36100418

RE:RE:RE:General update

RE:RE:RE:General update I'm not sure it is correct to say (as previous post) that this company was started by an MP, but their Board Chair for many years was Gary Filmon, the former premier of MB.  This company has always lived by it's own numbers, and not gov't bailouts like Bombardier.  I would never invest in a scheme like Bombardier that is essentially a subsidy sucking oporation, not a business model, imo.
The whole reason this is down is becuase the lead time on investments in aircraft for the MB and BC Medevac contracts was substantial, and the payoffs of those investments is STILL coming.  This company has good organic growth, and they took on big opportunities with predictable and reliable future cash flows; you just need to be patient for a while...,
Recent weakness is also related to interest rate environment, where high dividend-paying stocks go down as rates go up..., but so do bonds!
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