TSX:XSR - Post Discussion
Post by
retiredcf on Jul 16, 2015 7:11am
Top Pick
Second stock in the clip. GLTA
https://www.bnn.ca/Video/player.aspx?vid=657735
The stock has been very weak in the last year hurt by weaker subscriber growth in the last few quarters. We believe subscriber growth will return to the mid to high single digit growth rates, which will drive both profit and free cash flow growth. Stock has very high dividend yield 7.5% which has been consuming the majority of it’s free cash flow, but we belive the growth will drive some discretionary free cash flow above and beyond the dividend in the future.
| XSR-T |
|
2015-07-15 |
TOP PICK |
Bruce Tatters |
Has been a big underperformer for the last several years. Growth has been much weaker than their US counterpart. They basically piggyback content from the US Sirius. Canadian market has been slower to adopt subscribers, but a very interesting trend is that as newer vehicles get bought, satellite radio is growing rapidly. In the secondary market, even 3-5 year old cars are enabled with Sirius satellite. Dividend yield of 7.43%.
Tweet finance |
Price:
$5.690
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes |
Be the first to comment on this post