Westaim Corp

WED-X

Analysis and Opinions about WED-X

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
December 8, 2017

(A Top Pick June 19/17. Down 5%.) The stock hasn’t done much. It is a really interesting company. They have a property/casualty insurance business and an asset management business. Both sides are in good shape and the outlook looks really good. If we get a hard insurance market, the returns on that side of the business will be quite good. On the asset management side, they’ve done a good job of growing their AUM. This is going to be a long-term position for him.

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Westaim Corp (WED-X)
December 8, 2017

(A Top Pick June 19/17. Down 5%.) The stock hasn’t done much. It is a really interesting company. They have a property/casualty insurance business and an asset management business. Both sides are in good shape and the outlook looks really good. If we get a hard insurance market, the returns on that side of the business will be quite good. On the asset management side, they’ve done a good job of growing their AUM. This is going to be a long-term position for him.

TOP PICK
TOP PICK
June 19, 2017

A bit of an under the radar company. They have two profitable and growing businesses. FFH-T just invested in them. They will have a large amount of cash to make acquisitions with. He would not be surprised if they split the two companies once they get big enough. (Analysts’ target: $4.50).

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Westaim Corp (WED-X)
June 19, 2017

A bit of an under the radar company. They have two profitable and growing businesses. FFH-T just invested in them. They will have a large amount of cash to make acquisitions with. He would not be surprised if they split the two companies once they get big enough. (Analysts’ target: $4.50).

COMMENT
COMMENT
September 3, 2013

Hasn’t checked this one out recently. This is just the stub that is left after the disposition of insurance assets. This stub was then down listed on to the Venture exchange. It is kind of empty except for a bit of cash which is probably equal to or better than the trading price. Have very interesting major shareholders.

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Westaim Corp (WED-X)
September 3, 2013

Hasn’t checked this one out recently. This is just the stub that is left after the disposition of insurance assets. This stub was then down listed on to the Venture exchange. It is kind of empty except for a bit of cash which is probably equal to or better than the trading price. Have very interesting major shareholders.

PAST TOP PICK
PAST TOP PICK
February 26, 2013

(A Top Pick Jan 27/12. Up 22.22%.)

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Westaim Corp (WED-X)
February 26, 2013

(A Top Pick Jan 27/12. Up 22.22%.)

SPECULATIVE BUY
SPECULATIVE BUY
October 17, 2012

Sold their holdings of Jevco Insurance and will eventually be trading on the Venture exchange. His question is “why would they bother, having sold off the operation, to list the stub on the Venture unless they were going to try to pump some new operation into it”. If they do this, you’ll see a couple of pennies rise again.

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Westaim Corp (WED-X)
October 17, 2012

Sold their holdings of Jevco Insurance and will eventually be trading on the Venture exchange. His question is “why would they bother, having sold off the operation, to list the stub on the Venture unless they were going to try to pump some new operation into it”. If they do this, you’ll see a couple of pennies rise again.

PAST TOP PICK
PAST TOP PICK
September 10, 2012

(Top Pick Sept. 9/11, Up 54.00%)

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Westaim Corp (WED-X)
September 10, 2012

(Top Pick Sept. 9/11, Up 54.00%)

COMMENT
COMMENT
June 6, 2012
Their insurance segment is being taken out by Intact. What will be left? Trading at $0.73 but the takeout level is probably more towards $0.90. Thinks this is really the takeout of this company as he doesn't think there is anything left.
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Westaim Corp (WED-X)
June 6, 2012
Their insurance segment is being taken out by Intact. What will be left? Trading at $0.73 but the takeout level is probably more towards $0.90. Thinks this is really the takeout of this company as he doesn't think there is anything left.
TOP PICK
TOP PICK
April 9, 2012
More conservative pick. They do nonstandard auto insurance. 2 years ago there was a big spike in claims in auto and motorcycle insurance. That has now gone through and there are now much better combined ratios.
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Westaim Corp (WED-X)
April 9, 2012
More conservative pick. They do nonstandard auto insurance. 2 years ago there was a big spike in claims in auto and motorcycle insurance. That has now gone through and there are now much better combined ratios.
TOP PICK
TOP PICK
September 9, 2011
Nonstandard automobile and motorcycle insurance. Debt-free and trading below book and breakup value. BV is $0.61. Have excess capital of $100 million. Have just put in place a $30 million buyback.
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Westaim Corp (WED-X)
September 9, 2011
Nonstandard automobile and motorcycle insurance. Debt-free and trading below book and breakup value. BV is $0.61. Have excess capital of $100 million. Have just put in place a $30 million buyback.
PAST TOP PICK
PAST TOP PICK
February 1, 2011
(A Top Pick Feb 23/10. Up 1.67%.) Still likes.
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Westaim Corp (WED-X)
February 1, 2011
(A Top Pick Feb 23/10. Up 1.67%.) Still likes.
BUY
BUY
August 13, 2010
Acquired JEVCO, a high-risk automobiles/casualty insurance company. Trading at Book Value, good balance sheet, excellent management and a strong board. Pretty cheap here.
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Westaim Corp (WED-X)
August 13, 2010
Acquired JEVCO, a high-risk automobiles/casualty insurance company. Trading at Book Value, good balance sheet, excellent management and a strong board. Pretty cheap here.
BUY
BUY
May 21, 2010
Had no business and wound it down. Had tax laws carry-forwards, debt-free. Acquired JEVCO Insurance in March, which was Kingsway Financial (KFS-T) best asset. $.57 book value and will be earning money. Work in progress because they haven't had their 1st quarter as yet.
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Westaim Corp (WED-X)
May 21, 2010
Had no business and wound it down. Had tax laws carry-forwards, debt-free. Acquired JEVCO Insurance in March, which was Kingsway Financial (KFS-T) best asset. $.57 book value and will be earning money. Work in progress because they haven't had their 1st quarter as yet.
TOP PICK
TOP PICK
March 2, 2010
Huge base from late 07 until last fall. It is a little ahead of itself so a pull back would be a good buying opportunity.
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Westaim Corp (WED-X)
March 2, 2010
Huge base from late 07 until last fall. It is a little ahead of itself so a pull back would be a good buying opportunity.
TOP PICK
TOP PICK
February 23, 2010
Was Flat panel business but now is insurance. This was the dog of the century in the old days. It has motorcycles, skidoos and construction. Risky because of small market cap.
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Westaim Corp (WED-X)
February 23, 2010
Was Flat panel business but now is insurance. This was the dog of the century in the old days. It has motorcycles, skidoos and construction. Risky because of small market cap.
COMMENT
COMMENT
May 11, 2007
Recently sold some real estate in order to free up capital to further develop their iFire flat-panel TV. Trying to refine their process. Stock is relatively cheap, but they are continuing to burn cash.
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Westaim Corp (WED-X)
May 11, 2007
Recently sold some real estate in order to free up capital to further develop their iFire flat-panel TV. Trying to refine their process. Stock is relatively cheap, but they are continuing to burn cash.
Showing 1 to 15 of 184 entries

Westaim Corp(WED-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Westaim Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Westaim Corp(WED-X) Frequently Asked Questions

What is Westaim Corp stock symbol?

Westaim Corp is a Canadian stock, trading under the symbol WED-X on the TSX Venture Exchange (WED-CV). It is usually referred to as TSXV:WED or WED-X

Is Westaim Corp a buy or a sell?

In the last year, there was no coverage of Westaim Corp published on Stockchase.

Is Westaim Corp a good investment or a top pick?

Westaim Corp was recommended as a Top Pick by Veeral Khatri on 2017-12-08. Read the latest stock experts ratings for Westaim Corp.

Why is Westaim Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Westaim Corp worth watching?

0 stock analysts on Stockchase covered Westaim Corp In the last year. It is a trending stock that is worth watching.

What is Westaim Corp stock price?

On 2020-09-22, Westaim Corp (WED-X) stock closed at a price of $2.23.