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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Peter

I am interested in your opinion of the pipeline people...Shawcor. SCL . We just bought the stock and it did not report good stuff . Do we continue to hold or sell it ? I own it personally and also in my 40 year old investment club . Our group was pretty negative about this stock .
Candi
Read Answer Asked by Candi on December 08, 2013
Q: Good Morning Peter and Team,
I have just purchased shares of Shawcor (SCL-TSX). In a nutshell the investment thesis is:
1) We may be entering a pipeline construction / repair supercycle.
2) With Shawcor's dual class share structure gone, it may get taken out.
3) Backlog, financials, and free cash flow all look good.
Could you please give me your opinion of the company. Thanks, DL
Read Answer Asked by Dennis on April 30, 2013