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Review of Park Lawn Corporation

SEP 03, 2021 - PLC is a high-quality company in a recession-proof business with a favorable pandemic context and ample capacity to grow through M&A. we do see the growth pace slowing down a bit. Rating maintained at B+.

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Q: Hello 5i Research team, not a question, more as a follow-up to your response to Sheldon's question earlier today about Park Lawn: I would like to mention that I believe a major factor that has allowed funeral homes to perform well in 2020 and 2021 is the COVID surcharge ($500+) imposed at each funeral in many jurisdictions for the additional sanitation measures required due to the pandemic. The profit margin on this surcharge seems to be quite generous in my opinion... Publish if you think this information can be useful. Thank you for your collaboration, Eric

Read Answer Asked by Eric on January 26, 2022

Q: I read this in the G&M.

"For funeral homes, the decline in income over the past two years owed partly to rising interest in cremation, which costs less than burial.
The losses accelerated as large viewings were cancelled, reducing the need for expensive caskets, said Scott MacCoubrey, a funeral-home owner and president of the Ontario Funeral Service Association."

Can I have your point of view and how this will or not affect PLC?



Read Answer Asked by Sheldon on January 25, 2022

Q: Can I please have your top 5 US and Cdn consumer non cyclical stock choices ?

Read Answer Asked by adam on January 25, 2022
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