Kraken Robotics Inc. (PNG.V)

Wishes he owned more. They make batteries for autonomous weapons. There will be explosive growth in drones. Sometimes he struggles with the valuation, but is a great name.

(Note the short-ish timeframe.)  This week, it received $35M in battery contracts to 3 undisclosed customers.

What do you do with a stock that's gone up like this? His team looks at the rate of change in the trend of earnings. This isn't a cheap stock, but it continues to grow. Fantastic growth, but multiple's very high. As long as the growth continues, the stock will continue on its way. Future for defense is very bright, especially in underwater. Add on a pullback, but don't chase.

We feel that the continued increased global spending on defense can be a major catalyst, as well as its revenue mix shift towards its higher margin services offerings. 

Its market cap has grown significantly, and it now exceeds the TSX minimum requirements, it also seems to meet the public float and liquidity requirements, and the share price currently exceeds the informal >$2 price, but sustained price action is also important. We have not seen any news that it will list on the US exchange.
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(Note the short timeframe.)  Underwater is still a huge opportunity for defense. Really strong point is its battery technology that can withstand compression underwater.

Remarkable job pivoting to defense. Thankfully a lot of geopolitical conflicts around the world have eased, but that's why the stock's probably come back down. Keep a core position, perhaps 2-3%. As it goes up toward $5, take some money off the table. When it goes down, buy the dip.

He bought this 6-7 years ago. They make incredible products. Growth is good. Are in a hot sector--underwater defence. But business will be lumpy due to large contracts with governments and navies. Doesn't own it now because of the high valuation.

Analysts expect EPS of $0.013 and sales of $34.48M. The earnings date has not been confirmed yet, but early estimates call for sometime in the next few weeks. We expect decent numbers on the sales front. Its earnings can be lumpy based on timing of contracts and execution, but we think that guidance will be strong.
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Analysts expect EPS of $0.013 and sales of $34.48M. The earnings date has not been confirmed yet, but early estimates call for sometime in the next few weeks. We expect decent numbers on the sales front. Its earnings can be lumpy based on timing of contracts and execution, but we think that guidance will be strong.
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Analysts expect EPS of $0.013 and sales of $34.48M. The earnings date has not been confirmed yet, but early estimates call for sometime in the next few weeks. We expect decent numbers on the sales front. Its earnings can be lumpy based on timing of contracts and execution, but we think that guidance will be strong.
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Analysts expect EPS of $0.013 and sales of $34.48M. The earnings date has not been confirmed yet, but early estimates call for sometime in the next few weeks. We expect decent numbers on the sales front. Its earnings can be lumpy based on timing of contracts and execution, but we think that guidance will be strong.
Unlock Premium - Try 5i Free  

Analysts expect EPS of $0.013 and sales of $34.48M. The earnings date has not been confirmed yet, but early estimates call for sometime in the next few weeks. We expect decent numbers on the sales front. Its earnings can be lumpy based on timing of contracts and execution, but we think that guidance will be strong.
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Great run, he continues to be very positive on it. In Canada, we can't afford an aircraft carrier and can barely afford submarines. Drones might be a low-cost way for us to start being more assertive in terms of our sovereignty in the North. In growth mode supplying batteries to its US partner. Canadian government may possibly invest.

(Note the short timeframe.)  The area of underwater drones is really ramping up. Interest by US investors has really pushed this up. Both the multiple and the revenue have grown.

Popped because O&G underwater devices can be used for defense. 12-month price target of $7.80, still a bit of runway.

Likes it a lot. Would suggest a longer hold than 2-3 years, as it's a relatively small company. Batteries, sonar, military. Products are robust and customers like them, but their small size was an impediment. Borrowed $100M to shore up balance sheet. Contract backlog is growing.

Market cap is now over $1B, which brings more investor interest.