DIRTT Environmental Solutions (DRT.TO)

(A Top Pick July 28/15. Down 18.89%.) This is basically a modular furniture company, but more than that they have innovative design technology. You can sit in a room and, given the software, you can visualize what it is going to look like and what the price is going to be, and build it right away. They have done very well growing their business, but had some big orders coming from the energy industry, and that has all gone away. He continues to like this.

(A Top Pick July 3/15. Down 17.93%.) A really interesting company and is in the early innings of its growth phase. They are really trying to do something brand-new, building interior office solutions. It is now into hospitals, schools, and now even getting into residential. Earnings tend to be fairly lumpy, so he traded out of it at a higher price and has just been waiting.

(Top Pick Jul 3/15, Down 20.41%) They had a big deal with a Texas company and put a second tower on hold. They need higher commodity prices. He sees this as a strong growing business. You need to look at it on a year by year basis rather than quarter by quarter.

This makes customized solutions, so you can customize a wall, desk, or an office which they can manufacture in-house and ship them out. They were on to something, and then unfortunately they got hit with the slowdown in Alberta. They would like to expand into residential which would be great.

(A Top Pick May 14/15. Down 37.05%.) Got up to over $8 and then came back down. This company has organic growth. Their unique technology caters to the big growing construction market. They got hit with the big downturn in the oil market. However, they continue to grow in other areas.

They have proprietary 3-D design software. Customers tell them what they want, and are shown a 3-D simulation of what it is going to look like. Instantaneously it gets priced, sent to a factory and gets built. No other company can compete with that. Have a huge market and will grow organically.

Thinks it has tremendous multiyear growth ahead of it. Tends to have very lumpy earnings. Whenever the stock drops, that is the time to buy, and when the stock moves up that would be the time to sell part of your position. The business is very solid, and they are getting into a lot of new areas. Healthcare and education is their latest. Coming out with a residential product fairly soon.

Sort of office space and Lego combined. You have the office space and design on their software. The company manufactures it and installs it themselves. Very quick, very easy, and very cost-effective. Everything was going great until oil prices collapsed. He is on the sidelines for this one. Valuation is still kind of high. If they can manage through this cycle, it is going to be a very interesting business to watch. There is a lot of potential, both globally and in North America.

(Market Call Minute) People worry that too much of their revenue comes from FX gains.

(A Top Pick May 14/15. Down 35.11%.) Modular furniture, mostly office. They have proprietary design 3-D software and can design right at the location and is linked to their manufacturing backbone. They can do the pricing right there and it can be done on time and on budget. Have been 7-8 years in building a business, and now it is hitting an inflection point. The leverage in the business is huge, organically growing 20%-50% a year. There is a misconception that because they are located in Calgary, and that they have this one big contract, that they are energy related. However, they are not. The biggest market is healthcare and hotels in the US and Saudi Arabia. Have now gone into residential.

Basically a Lego on steroids. They can lay out and design offices, and can save about 40% on waste compared to traditional buildings. Started off with offices, but are now looking at healthcare and residential. This is one to keep your eye on.

(A Top Pick Jan 20/15. Up 35.17%.) This has a faster, more elegant solution to designing an office, TV studio, or even residential homes. A big concern is that their large contract with Conoco Phillips has been deferred. Sold off his original holdings, but bought more at around $5.45-$5.50. He is going to wait for their quarter to come out as to whether he wants to increase his holdings.

Has a manufacturing process allowing them to go into an office building and figure out the best configuration, and then a manufacturing process that builds it all, and then a process that puts it all together. Like a giant Lego. Have been expanding globally. Also, moving into healthcare where everything needs to be washed down.

Thinks this one is all right. Didn’t get that much attention until they put in 2 fabulous quarters about a year ago, and then the stock went up a lot. Then they missed a quarter and the stock went back down, and then made a quarter and the stock started to go back up again. Growth rate is very much intact and they are starting to put numbers to the bottom line. Thinks management knows what they are doing.

Interior modular furniture. They have 3 D design software so you see what it will look like and they can price it right away. They are growing organically very, very quickly into healthcare, hotel and residential spaces. Even without the big order last quarter they would continue to do well.