Have owned this for about 10 years when it was an income trust and it was a great stock. Good easy to understand business plan which apparently has been impacted by Covid - however for the last 2 years it seems to be stuck in the mud - can’t seem to generate the old momentum. Will tryto remain patient for another year.
B
I sold it when COVID hit retail and is waiting for re-entering. The new stock offering price is at 185. Therefore, there will be drag on earnings. I would like to target an entry price of 170 corresponding to the anticipated drops in Free Cash Flow.
B
Drops will continue. Management has mentioned that there will be more impacts to the 4th quarter and coming quarters. I will check back in at 170 - 175. BNS and pipelines Pembina look promising in immediate quarter or two, and long term.
G
Any thoughts on how this company will thrive in a more automated/driverless future? I'm just thinking less accidents, possibly less vehicles on the road. A company as well run as this should be able to pivot to new opportunities and aquisitions in the future.
B
BYD can even expand further and faster with the corp structure. The doubling target is on track
gogogo