TSX:TVK - Post Discussion
Post by
Torontojay on Dec 02, 2023 8:49am
Almost 10 years as a public company
A little gem that nobody knows or talks about is consistently outperforming the market. The company first began trading on Feb 6,2014 and closed the day with a price of $5.46. At todays price of $ 37.00 and for simplicity, assuming its share price stays close to todays levels by Feb 6th 2024 (10 years later) it would have compounded annually by 21% without including dividends!!! That is, over a 10 year stretch, its share price price increased almost 7 times!
The company is still trading at attractive earnings multiple and they are compounding earnings consistently at 15-20% annually which is consistent with its historical returns. For somebody wishing to include a stock in their portfolio, this one could be it. Do your own research.
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