
TSE:FTG
This summary was created by AI, based on 2 opinions in the last 12 months.
Firan Technology Group Corp. (FTG-T) is actively involved in providing circuit boards and lighting solutions for both commercial and defense contracts. Recently, the company gained attention after being selected for Canada's firefighting aircraft, which signals its potential for future growth. Analysts suggest holding the stock if already owned, as it approaches a price target. There’s a general sentiment to consider purchasing if the stock can be obtained nearer to the $20 range, with potential upside reflected in the analysts' target of $25. Overall, the stock exhibits a constructive chart pattern that indicates it has undergone a healthy price correction after an upward trend, making it one to watch closely.
Printed circuit boards, mainly for the airline industry. This is a very tiny company, and one fund manager owns about 50% of the shares. He likes the story. Had about 3 or 4 quarters in a row where things were improving quite a bit. The recent quarter wasn’t as strong as he would have hoped, but expects the next quarter or 2 will have very good earnings. Trading very cheap at about 10X earnings. Has a good backlog, but are going to have to show that the margins are there. The fact that they produce in Canada but sell in US$ should give them a bump. Expects good things over the next few quarters.
Just reported an unbelievable quarter. No analyst follows it. 70% of revenues are from the US yet 70% of operations are in Canada so the declining CAD$ benefits them. Earnings should accelerate over the next few years. You probably have not missed the run. The CAD$ has only helped them over the last couple of months. An 11 year high.