Post by
zack50 on Nov 03, 2022 6:21pm
Strong Q3/22 results and a dividend increase of 33%...
No doubt... an exciting Q3!!
BDI trades at a discount to its valuation and is ranked among the top 10 undervalued stocks in the Business Services industry on the TSX.
A year ago, BDI traded as high as $5.65 (Nov. 4/21)... I believe we are about to breakout and reach a new high in the very near future... $7.50 range sounds real nice!
Comment by
Newinvestor123 on Nov 04, 2022 5:45am
The share price should easily take out the old high set in November of last year based on these results. An increase to the dividend and the company buying back stock are positive signals for the share price and future direction of the stock.