The family recently took a ‘trip’ through an Indigo (revamped Chapters) store for a Paw Patrol event and to my family’s eye rolling, it got my head spinning on various investment implications regarding names such as Indigo (IDG),Spin Master (TOY), the current state of retail and the future of retail.
BNS recently reported a year-over-year decline in earnings and missed on estimates but raised its dividend. The international division was the only segment to post earnings growth. It struggled in its capital markets but calls the quarter 'a bottom point' for the segment. Expenses were also higher than expected. BNS is retreating a bit from international operations, with a recent move to reduce Thai exposure. This may be the right move while it refocuses on Canada, but we continue to see solid international potential. BNS is cheap now on valuation and with the dividend bump the yield remains attractive.
Once a year almost every investor takes some time from their weekend to read the Berkshire Hathaway (BRK.B) annual letter to shareholders in hopes to glean some nuggets of wisdom from one of the best- and best-known investors around the world. Here are some thoughts after reading Warren Buffett’s 2018 Berkshire Hathaway letter to shareholders.
The simulation training company posted EPS of $0.38 vs. $0.32 expected and revenues of $816 mln vs. $774 mln expected. Backlog totaled $9 billion and double-digit growth is expected in healthcare next year. Its civil aviation business expects low double-digit operating growth, while defense expects mid to high single-digit growth. Return on capital was 11.7%. We think the quarter looked solid here and the outlook sounds positive.
Absolute Software Corporation (ABT)
With a new CEO, on board as of last November, the transformation of leadership in recent years and a new contract to secure the computers and de
