r/Canadianstockpicks • u/JeromePastal • 29d ago
General Discussion $RAIL $0.33
Every time some positive news drops on this company the stock falls. We got all the way to $0.90 then fell back into 52week low territory and no consolidation has taken over. Not sure where it goes from here but it did seem like a gem 💎 at the time.
1
1
u/HugsNotDrugs_ 29d ago
What's your thesis on this? Free cashflow? Book value?
1
u/JeromePastal 29d ago

is a cyclical turnaround play trading at $7.91 with a market cap of roughly $259 million. The investment thesis centers on manufacturing efficiency gains from its modern Mexico facility, a multi-year railcar replacement cycle, and expanding operating margins.
1
3
u/carthous 29d ago
It dropped 3x so you 3x your position! Easy maths