Yet Another Value Podcast
Ave Maria Focused Fund's Chadd Garcia on misreading waste-focused $SES.TO as energy services
Nov 15, 2024
Chadd Garcia, Portfolio Manager and Senior Research Analyst at Schwartz Investment Counsel Inc. - Ave Maria Focused Fund, dives into the intricacies of SECURE Energy Services Inc. He reveals why many misinterpret the company as solely energy-focused, overlooking its significant role in waste management. The discussion touches on recent acquisitions, market catalysts, and the implications of declining oil drilling in Western Canada. Garcia also highlights challenges in capital allocation and the potential profitability of waste processing facilities, shedding light on a misunderstood gem in the market.
46:31
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Chadd Garcia emphasizes that the market undervalues SECURE Energy Services due to a mischaracterization as a traditional energy firm instead of a waste management leader.
- The company's strategic pivot towards waste management has enabled a more resilient business model, focusing on stable cash flows and growth opportunities.
Deep dives
Transforming Financial Workflows with Dilupa
Dilupa offers a revolutionary solution for updating financial models and maintaining essential data for public companies. The platform provides accurate historical data for critical performance indicators, operating metrics, and financial adjustments, eliminating the cumbersome manual tasks often associated with financial modeling. Particularly advantageous during earnings seasons, Dilupa ensures that users can receive real-time updates tailored to their specific formatting needs. By implementing Dilupa, professionals can reclaim valuable time, allowing them to prioritize analytical and research activities rather than tedious data updates.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
