Robert Floyd
Q9 Networks Inc.
Q-T
TOP PICK
Jul 23, 2008
Small company based out of Toronto. Provide 24/7 services for companies that need Internet options. Have data sources in Brampton, Toronto and Calgary so they have been adding a number of “benches”. Have an expanding ability to deal with customers. Great growth profile. Have about $32 million cash for their expansions.
Holds computer internet data for clients, so every customer is virtually for ever. Good cash flow. Have about $3.50 cash per share. Earnings are only $0.03 a share which is about $0.12 and with the stock at $9.50 it's a little bit too expensive.