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Opinions James Telfser
Airboss of AmericaBOS.TOBUYJun 20, 2016
James TelfserStock price when the opinion was issued
As of Jun 19, 2026. Market Open.
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Has come off since Covid. Too niche for his global growth fund. Very orders-based, so when orders dry up, stock falls. Lots of competition. Not interested, despite drop in price. Better opportunities elsewhere.
Jamie Murray Owns shares in company. Reporting at end of month. Performance of shares a surprise to shareholders(negatively). Turmoil in global economy putting pressure on company. Believes dividend is safe. Good for long term investors who are seeking capital appreciation.
James Telfser
Did well during Covid, but then contracts got pushed. Has been bidding on meaningful contracts. He thought market would respond more favourably to improvements in AEP, but people seem to be waiting for more contracts. Optionality to unlock value in defense, property, AEP. Great buy here.
James Telfser
James Telfser
James TelfserJames Telfser
Peter HodsonThis is a beautifully run company with revenues of $300 million per year. They are into anything rubber. The balance sheet has not changed in years and they recently increased the dividend. He thinks today’s current price is still expensive so would not buy it here. If you owned it for the dividends you should hold.
Rubber compounds, where they do conveyor belts, rubber automotive products, etc. The balance sheet is good, but they are in a state right now where nothing is really working their way. They are doing what they can. They are buying back shares, etc. and they still pay a dividend. Management has very little positive things to say right now. Until management improves, he wouldn't be too interested.
He thinks it might be bought out at some point. It will likely go up in 2018. It is a supplier into the oil industry among others. It probably won’t go down if there is a correction.
Michael Smedley
A rubber compounding company. The most interesting thing they do is called Flexible Products, a company they bought, which makes flexible components for cars. There has been weakness in anything to do with automobile components, because everybody believes we are at peak auto sales. Also, oil prices have been rallying, which is an input into making rubber. Rubber components are actually picking up. This is a pretty attractive Buy here.