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Bullboard - Stock Discussion Forum AirBoss of America Corp ABSSF


Primary Symbol: T.BOS

AirBoss of America Corp. is a Canada-based company, which is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the challenging environments. The Company operates through two segments: AirBoss Rubber Solutions and AirBoss Manufactured Products. The AirBoss Rubber... see more

TSX:BOS - Post Discussion

AirBoss of America Corp > On watch list
View:
Post by Lawyerup on Nov 01, 2022 12:38pm

On watch list

Starting to look attractive for a position.  Big $50M loss on their bottom line which translates into a 20% drop today.  Seems to be overdone and as usual on the TSX shareholders severely punish any stock that admits a large loss.  Pays an ok dividend but not sure if dividend is safe at this point.  Management seem to be on the poor side that is built into the stock price.  Its too bad because BOS was a great company that now is facing headwinds with the loss and possible lawsuits.  As a value investor if it drops under $5 I will definitely take a position. Just my two cents.  Any comments from the longs?  All the best Charlie.
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