Q: You seem to be more constructive on SJ in your latest report. Would SJ be an indirect way to play the EV market with the increase in demand for electricity and thus utility poles?
Thx
Thx
5i Research Answer:
SJ is doing well but we would not really consider it a good way to play the EV market. Telecom still makes up part of the market. While distribution needs will grow with EVs, and SJ should see some benefit, we would not consider that it will be material to the company, at least in a short enough timeframe to impact the stock.