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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (69913)11/30/2019 7:25:51 AM
From: Goose94Read Replies (1) of 202710
 
Westshore Terminals Investment (WTE-T) 2revisited top pick from Rob Lauzon on BNN.ca Market Call Friday Nov 29th @ 1200ET

Westshore Terminals has the largest coal loading export facilities on the west coast of the Americas. We like “real assets” and this infrastructure asset is trading at an attractive valuation of 8 times EV/EBITDA. We believe the market concern of losing 10 million tonnes from Teck is an overreaction. The company has no debt and free cash flow is set to materially increase. We are hopeful for increased dividends in the future.
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