Added to YB: 2025-03-21
Pitch date: 2025-03-19
WTE.TO [neutral]
Westshore Terminals Investment Corporation
+15.99%
current return
Author Info
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Company Info
Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia.
Market Cap
CAD 1.5B
Pitch Price
CAD 23.43
Price Target
N/A
Dividend
6.29%
EV/EBITDA
8.44
P/E
12.78
EV/Sales
4.39
Sector
Transportation Infrastructure
Category
dividend
I TOOK A LONG LOOK AT THIS UNIQUE INFRASTRUCTURE PLAY POSITIONED RIGHT..FOR TARIFFS AND I DECIDED.... TO DO NOTHING - WESTSHORE TERMINALS (WTE – TSX)
WTE.TO (wait): Coal terminal operator, 6.5% dividend yield, no debt. Expanding into potash with BHP deal, but $225M cost overrun. Thermal coal risk, but Trump presidency reduces environmental pressure. Oligopoly position, controlled by Jim Pattison. 13.5x P/E, potash volumes start 2026. Dividend growth potential, but clarity needed on BHP contract terms.
Read full article (9 min)