Seacliff Construction Corp. (SDC.TO)

(A Top Pick Sept 10/09. Up 27.14%.) Just did an acquisition, which will grow their earnings by 30%.

General and electrical contractor in western Canada. Have about $5 a share in cash and are earning about $1 a share. Lowell multiple of 8 or 9 times. Can make highly accretive acquisitions with their cash. Primarily institutional work, which means many government and municipal works. Infrastructure spending will benefit them.