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Canadian National Railway Co T.CNR

Alternate Symbol(s):  CNI

Canadian National Railway Company is a transportation and logistics company. The Company's services include rail, intermodal, trucking, and supply chain services. The Company’s rail services offer equipment, customs brokerage services, transloading and distribution, private car storage and others. Its intermodal container services help shippers expand their door-to-door market reach with about 23 strategically placed intermodal terminals. Its intermodal services include temperature-controlled cargo, port partnerships, logistics park, moving grain in containers, custom brokerage, transloading and distribution, and others. Its trucking services include door-to-door service, import and export dray, interline services, and specialized services. Its supply chain services offer comprehensive services across a range of industries and product types. It transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.


TSX:CNR - Post by User

Comment by JayBankson Oct 05, 2024 4:46am
185 Views
Post# 36254298

RE:This company has lost its way!

RE:This company has lost its way!

ghostzapper wrote: Time for the CEO and BOD to be tossed.  CP now has a larger market cap.  

 

I don't know that it's lost its way...

The Shareprice is in a yearly low, but as I said yearly, this is normal.

They are going to announce anouther dividend increase in a month or 2, likely not 10-20% like they did a couple years ago, more in the 4-8% range but above the inflation rate.

They are working on more efficiencies in terms of operating better, tho they noted they have hired up the past year.

Loads are steady but not as hot or outsized due to factors beyond thier control (increased oil capacity on pipes, lower gain harvest, less pressure on intermodal.

We are in a down period, but the business is still solid and irreplaceable, I'd expect in the next 6 months we will be trading back at all time highs. Right now is when you should be accumulating very hard. I've tripled my position a few months ago and if I can get the cash avalible I'll double from the count I have now (300 shares).

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