1. Exit Case: TFI International Inc. 

Overview:

TFI International Inc. (TSX: TFII) is a transportation and logistics company domiciled in Canada. The company organizes itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment. TFI International derives the majority of revenue domestically, followed by the United States.

TFII has been a part of the ‘Growth Portfolio’ since 10 September 2024, however, considering a decline in the share price due to the news on changing the domicile of the business from Canada to the United States, an ‘Exit’ is recommended from the stock at the price of CAD 108.64, (as on 22^nd  April 2025).

TFI International Inc. (TSX: TFII)

2. New Entry Case: Valeura Energy Inc. (TSX: VLE) 

Overview:

Valeura Energy Inc. (TSX: VLE) is an upstream oil & gas company, with a clear strategy to add value for shareholders through growth. The Company is expanding operations organically and through acquisitions in Southeast Asia, focusing on assets with immediate or substantial near-term cash flow, with imbedded reinvestment opportunities.

Technical Analysis: On the daily chart, VLE prices are trading above a support, indicating positive momentum. The 14-period Relative Strength Index (RSI) stands at approximately 47.61, reflecting a buying interest. Additionally, prices are positioned above the 20-period Simple Moving Average (SMA), which could serve as a support level. The key support for stock is at CAD 6.06, while the critical resistance level is at CAD 8.40.

Considering the above mentioned factors, technical analysis, support & resistance levels, key risks and outlook an ‘Entry’ is recommended in the ‘Growth Portfolio’ at the closing market price of CAD 7.15, as on (as on 22^nd April 2025). 

Valeura Energy Inc. (TSX: VLE) has been identified as the new entry to our Growth Portfolio.

2.1 Support and Resistance Summary (as on 22^nd April 2025)

2.2 Valeura Energy Inc. (TSX: VLE)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of 22^nh April 2025). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.