Opinions
Rob Tetrault, BA, JD, MBA, CIM
Distinct Infrastructure Group
DUG-V
TOP PICK
Mar 09, 2018
N/A
Stock price when the opinion was issued
0
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(A Top Pick March 9/18 Down 59%) He was taking a flyer on this one, which eventually went “cease trade” when documents were not filled on time. He sold all their holdings after losing faith in the company. Management made acquisitions, but failed to execute on the strategy. There are now issues on raising further capital.
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He says this is a riskier play trading on the Venture exchange. They are going to make $100 million in revenue this year and just acquired a company in Manitoba. They dig holes and push cables. This is a 5G play. They are the best at acquiring and converting and sees a 50-60% stock price over the next two years. Yield 0%. (Analysts’ price target is $1.95 )