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Tidewater finance the resilience of Tidewater Finance in

Model: NS-40F401NA26
SKU: 6614066
$275.00
Comp. Value: $380.000
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4 payments starting at$32.75
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The resilience of Tidewater Finance in recent market pullbacks demonstrates investor confidence in management execution. Observers point to efficient cost controls and disciplined underwriting as primary supports for the share price. Rising construction costs are nothing new, but they appear to have significantly increased over the past few years, including for the state-funded Tidewater Landing stadium . Project costs have ballooned to $137 million, with estimates in 2022 of $124 million . Management of the Corporation has included the above summary of assumptions and risks related to forward-looking statements provided in this press release in order to provide holders of common shares in the capital of the Corporation with a more complete perspective on the Corporation's current and future operations and such information may not be appropriate for other purposes. The Corporation's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do occur, what benefits the Corporation will derive from them. Readers are therefore cautioned that the foregoing list of important factors is not exhaustive, and they should not unduly rely on the forward-looking statements included in this press release. Tidewater Renewables does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by applicable securities law. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Further information about factors affecting forward-looking statements and management's assumptions and analysis thereof is available in the Corporation's most recent annual information form and other filings made by the Corporation with Canadian provincial securities commissions available under the Corporation's profile on SEDAR+ at www.sedarplus.ca. Latest analyst consensus target for Tidewater Finance has edged up to $32, factoring in forward EPS estimates and sector trend analysis. Long-only fund managers see this as a realistic milestone if Q3 loan growth sustains.