TSX:XSR - Post Discussion
Post by
retiredcf on May 21, 2015 8:34am
Top Pick
Last stock in the clip. GLTA
https://www.bnn.ca/Video/player.aspx?vid=617791
Its recent share price weakness does not justify its stable and growing business. The dividend yield is over 7 percent while the company generates considerable free cash flow. The company will benefit from its recent push into the used car market. Sirius U.S. increased its guidance on subscribers, which should benefit Sirius XM Canada in the medium term as Canada lags by two years. On a EV/EBIDA basis, the Canadian version is too cheap relative to its U.S. cousin.
| XSR-T |
|
2015-05-20 |
TOP PICK |
Paul Gardner, CFA |
(A Top Pick May 5/14. Down 19.03%.) Incredibly cheap relative to its US parent which is trading at 16X EV to EBITDA. Trades at 11 times. Beat their numbers last quarter. Making really good headway in the used car market. A free cash flow entity that keeps churning out a lot of money. Earnings are all right but the biggest challenge is the royalty fee they have to pay to the music industry, which causes a heightened level of churn. They seem to have a handle on that. Poised to go back to the $6-$7 range.
Tweet finance |
Price:
$5.490
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
BULLISH
Owned:
Yes |
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