RE:RE:RE:RE:RE:RE:The Trump tariffs will come. jmkOttawa wrote: Actually it was not on Dorel website but I saw the info on my banking site.
Just looked at it online/ not as bad as I thought. Dorel pays for an inspection and repairs if necessary. Thinking about how big Dorel home is, impressive that they sold 69,000 wall beds ;).
At this point the stock is so grossly undervalued that the current share price is only reflecting an undervalued Juvenile division and has given zero value to Home.
No question Home is big, they may lose money but revenue is CAD $1 billion when healthy and it's in the top 5 furniture manufacturers in North America. They are also the second biggest RTA (ready-to-assemble) manufacturer in North America. If they can get it profitable both divisions combined are worth multiples of the current share prices. One of the biggest furniture makers that many have never heard of since they operate under multiple brand names and lines across all price points.
When bad news hits a stock and it doesn't go down any longer, that is usually a bottom and 'BUY' signal. Patience once again is key.