Rubis Stock Is Still An Ok Buy - Update On Dividend Aristocrat | Summary and Q&A

TL;DR

Rubies stock has seen a significant increase and is now being evaluated for its potential inclusion in a diversified portfolio.

Key Insights

• 😘 Rubies stock has seen a significant increase of over 50% from its lows, attracting investor interest.
• 👍 The company's expansion into solar growth, although initially concerning, may prove to be a profitable strategy by leveraging cheap European financing.
• ⚖️ Rubies' balance sheet is healthy, with manageable debt that does not impact the company's overall performance.
• 💄 The company's dividend yield of 6% makes it an attractive option for income-seeking investors.
• 😀 Rubies faces risks associated with operating in regions like Nigeria and Haiti but mitigates them through diversification.
• ❓ The company's market capitalization has increased, but it is still relatively attractive for investors.
• 🎯 Rubies' investment policies target renewable returns of 7% to 9%, which align with the company's focus on solar growth.

Transcript

good day fellow investors a lot of you have asked in the comments about rubies it's a stock that we discussed a few times in the past and now it is significantly above the price we have discussed it and it's up more than 50% from its lows a while ago now I have discussed Rubes in a few videos detailed analysis video 10 months ago and also it was on... Read More

Questions & Answers

Q: Why has Rubies stock seen a significant increase recently?

Rubies stock has seen a rise in value due to positive developments such as a French billionaire taking a stake and the company's expansion into solar growth, which is seen as a smart long-term investment.

Q: What are the key strengths of Rubies as an investment option?

Rubies has a healthy balance sheet, consistent dividend payouts, and strong cash flows from its profitable businesses. The company is also leveraging its position in the market to invest in solar energy, which has the potential for long-term profitability.

Q: Are there any risks associated with investing in Rubies?

While Rubies is well-diversified across countries, there are potential risks in some of its operating regions, such as Nigeria and Haiti. Additionally, any negative developments in the solar projects or the energy distribution business could impact the company's performance.

Q: Is Rubies a good fit for a diversified portfolio?

Rubies can be considered as a relative buy for a diversified portfolio due to its solid dividend yield and potential for future growth. However, investors should also evaluate the risks and rewards associated with investing in the company.

Summary & Key Takeaways

• Rubies is a distribution company operating in Africa, Caribbean, and Europe, with a focus on fuels and other boring but profitable businesses.

• The company is now investing in solar growth, which initially raised concern but may prove to be a profitable long-term strategy.

• Rubies recently sold its stake in a joint venture, generating additional cash for future investments and refreshing its balance sheet.