Shawcor is set for a rebound

Shawcor is set for a rebound

Bad weather and other issues led to a 12.4% revenue drop for this company during the most-recent quarter.

However, the company continues to win new contracts and prepare for a brighter future.

SHAWCOR LTD. (Toronto symbol SCL; www.shawcor.com) makes sealants and coatings that keep oil and gas… Read More

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BOMBARDIER INC. is still a hold. The company (Toronto symbols BBD.A $1.28 and BBD.B $1.07; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 2.4 billion; Market cap: $2.6 billion; Price-to-sales ratio: 0.4; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) mainly makes business… Read More

A $575 million backlog gives ShawCor a solid future

A $575 million backlog gives ShawCor a solid future

COVID-19 and low oil prices led to a 35.4% drop in revenue for this company during the most-recent quarter.

However, oil prices are rebounding and the company is diversifying into a new business area.

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SHAWCOR LTD. (Toronto symbol SCL; www.shawcor.com) makes sealants and coatings that keep oil… Read More