Viewing Company Toromont Industries | StockChase
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Compiling comments that experts make about stocks while on public TV.

Toromont Industries Stock Symbol: TIH-T

Notes:Caterpillar dealer, Ont. Nflnd,Labrador

Last Price Recorded: $45.9700 on 2017-04-21

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Date Signal Expert Opinion Price
2016-11-14 BUY David Driscoll

(Market Call Minute.) Has owned this for a long time. A big infrastructure play that is in much better shape than some of the other construction companies.


Price:
$39.830
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-10-21 DON'T BUY Greg Newman

This has been on a tear. An equipment maker that has done really well because it is focused on Manitoba and Ontario, very good places to be. He sees 8% earnings growth over the next couple of years. They have virtually no debt. It benefits from a soft Cdn$. They do a really good job of managing their costs. Everything is right for the stock, except its valuation which is trading at around 20X versus its 15.5X five-year average.


Price:
$40.450
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Unknown
2016-10-20 COMMENT Jason Del Vicario

Doesn’t know a lot about this one, but they are in a universe he follows. Their cash ROE is 28%. He is looking for companies that have in excess of 20%, and have been able to do it 3 years running, so this meets his criteria. Their cash over PE ratio is about 2.5, a little richer than what he likes. He likes this.


Price:
$40.320
Subject:
NORTH AMERICAN (GROWTH)
Bias:
UNKNOWN
Owned:
No
2016-09-15 COMMENT Daniel Lloyd

It is a well run company.  They are the local CAT dealer.  He is short CAT-N, but would not want to be short TIH-T.  It is one of the strong points in the CAT sales network.


Price:
$38.460
Subject:
CANADIAN
Bias:
BEARISH on BONDS
Owned:
Unknown
2015-03-10 COMMENT David Burrows

Heavy equipment. The stock has done quite well. He is a little bit cautious on heavy equipment in general. He is focusing more on consumer, healthcare and technology.


Price:
$30.750
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2014-12-09 TOP PICK Patrick Horan

*Short.* The only Caterpillar dealer in Ontario as well as having a small business in arenas. Have benefited for years from an increasing mining sector, and in Ontario it is primarily gold related, and gold miners are not doing that well. Also trading at a pretty hefty premium to the competition. A strengthening US$ means that new equipment coming into the market is going to get re-priced at an expensive US$, and then a lot of used equipment will start competing. Yield of 2.17%.


Price:
$27.850
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2012-10-01 COMMENT Greg Newman

Spun off Enerflex, which to him was a bit of a head scratcher. Bought it in 2010 and sold it in 2011. Really know accretive value. He would be mixed on this name. Last quarter their Q2 was up 15% which is good and did have a sequential good increase in bookings and a very solid backlog but margins were weaker than expected, which he doesn’t really think is a problem. Margin pressures will abate over the coming quarters. Would prefer Wajax (WJX-T).


Price:
$20.720
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
OPTIMISTIC
Owned:
Unknown
2011-08-18 COMMENT David Burrows Finning (FTT-T) or Toromont (TIH-T) for long-term growth and dividends? This area is a little tough right now. Industrial equipment has been pretty beaten up in the last few weeks. He would prefer Finning, which has the oil Sands in Alberta as well as South America where they have a ton of mining. Toromont more focused on Ontario so there is some mining they can focus on but it is more construction, etc.
Price:
$16.750
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Unknown
2011-06-16 COMMENT David Baskin Spun out Enerflex (EFX-T) (manufactures gas compression equipment) and the share price dropped. Preferred it better before the spin out.
Price:
$18.820
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2010-12-22 COMMENT David Baskin Toromont (TIH-T) or Finning (FTT-T)? Both companies are heavy equipment. Finning gives more international exposure including Argentina and Chile, which are heavy in mining and heavy users of Caterpillar equipment so he prefers Finning.
Price:
$31.290
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2010-12-21 HOLD Douglas Kee Looked at it and the breakup of the company and splitting off the air compression business didn’t look good – he liked the compression business. Has a growing dividend. If you own it, hold and see what happens after the split off.
Price:
$31.110
Subject:
DIVIDEND & INCOME TRUSTS
Bias:
BULL on DIVIDEND STOCKS
Owned:
No
2010-11-24 PAST TOP PICK Ron Meisels (A Top Pick Nov 5/09. Up 20%.) Stock started to break down and he sold.
Price:
$29.970
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
BULLISH
Owned:
Unknown
2010-07-05 PAST TOP PICK Martin Hubbes, CFA (A Top Pick Oct 22/09. Down 6%.) Good long-term hold. Great management. Challenged in the short term by a slowdown in the oil/gas industry.
Price:
$23.000
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2010-06-24 TOP PICK David Driscoll Compression of natural gas and Caterpillar (CAT-N) dealerships in Ontario/Quebec. Acquired Enerflex giving them exposure to Asia. Because of the acquisition, dividend is staying at 2.5%. An investment for the next 5-10 years.
Price:
$23.470
Subject:
GLOBAL
Bias:
BEARISH
Owned:
Yes
2010-05-18 PAST TOP PICK Ron Meisels (Top Pick Nov 5/09, Up 2%) Got stopped out of it when the trend line broke.
Price:
$25.800
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 15 of 41 entries
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