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Sunday, April 9, 2017

An example of a good Quebec business: Savaria Corporation (SIS)

Quebec province is a very strange mix of very bad corrupted businesses and of very good corporations. Recently, Bombardier had steel the show of Quebec scene. Right now, Bombardier is showing off signs of lack of integrity and complete disorganization. Its a real shame to see that executives of Bombardier had received pay hikes despite the fact that they had received millions in help coming from tax payers. Those people are not exactly angels. Their hands are really dirty. And they took advantage of my very hard earning money and I am very upset. I want Bombardier to collapse and declare bankruptcy. I want Bombardier executives to have a taste of hell and lose it all. No more bonus, no more money on the back of tax payers. My only privilege is to be born New Brunswicker.

CGI and Saputo Inc. (SAP) are two good example of very good companies that can be handle without shame inside any investment portfolio, whether you are a federalist like me or not. Savaria Corporation (SIS) is another fabulous stock which headquarters are located in Laval. 

Back in July 2016, I was investing in Savaria Corporation (SIS). I currently hold in to SIS in both my non-registered and RRSP portfolio. I had bought some stocks at less than $10. What a genius move! Savaria Corporation (SIS) closed this past Friday session at $14.07. I watch SIS on a regular basis. I got scared that SIS would get hurt by Trump protectionist, but it didn't happen, at least not yet. But SIS will probably going to continue on this good way. They have manufactured and sales going on in China. Its a pavement of gold all the way. And SIS have ordered from China too so what do you want better?

Savaria Corporation (SIS) = $$$


Anonymous said...

I'll add a Quebec company that I like: New Look Vision (BCI) I bought a few years ago at a lower price, its done well. I should have bought more, but the Quebec corruption reputation held me back. Seems to be adding stores and growing, but price seems to have peaked and settled to present level.

Sunny said...

Good for you! I wouldn't be interest in that stock, but its a suggestion.

Another great Quebec company I hold in my portfolio: Lassonde Inc. (LAS.A).

Anonymous said...

Savaria is a real gem - keeps going up - hope they get their foot in the door in China and continue great divvy increases.

Parkland Fuel had a great day today - purchased some Chevron assets.


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