Aastra Technologies

AAH-T

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0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about AAH-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 21, 2014

(A Top Pick May 27/13. Up 156.02%.) Acquired by Mitel (MNW-T) in February. Prior to this acquisition, there was a special dividend paid.

(A Top Pick May 27/13. Up 156.02%.) Acquired by Mitel (MNW-T) in February. Prior to this acquisition, there was a special dividend paid.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$41.940
Owned
No
COMMENT
COMMENT
October 9, 2013

(Market Call Minute.) Basically a massive free cash flow generating company. Involved in handsets and central office stuff. Ranks 200 in his model. Good company and reasonable cash flow but not a strong buy at this point.

(Market Call Minute.) Basically a massive free cash flow generating company. Involved in handsets and central office stuff. Ranks 200 in his model. Good company and reasonable cash flow but not a strong buy at this point.

Robert McWhirter
President, Selective Asset Management
Price
$20.540
Owned
Unknown
TOP PICK
TOP PICK
May 27, 2013

Large PBX (phone switch). Large distributor in Europe. He is seeing a stabilization in Europe, especially in the north. You don’t need the European business to come back to make money. They shrunk the float by 25% in the last couple of years. You will see them make an accretive acquisition or make a special dividend or be taken private.

Large PBX (phone switch). Large distributor in Europe. He is seeing a stabilization in Europe, especially in the north. You don’t need the European business to come back to make money. They shrunk the float by 25% in the last couple of years. You will see them make an accretive acquisition or make a special dividend or be taken private.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$19.350
Owned
Yes
TOP PICK
TOP PICK
February 26, 2013

By taking over shrinking companies they are able to generate incredible synergies. Growth in cash flow and cash on the balance sheet has just been tremendous. More than half their market cap is sitting in cash. Trading at net working capital, which is a very low-risk purchase price. Share count has been shrunk from 14 million to 11.5 million in the last 18 months. Expect they will deploy their cash into another acquisition, probably in Europe, which are very cheap right now. Also, expects there could be a special dividend. Yield of 4.35%.

Aastra Technologies (AAH-T)
February 26, 2013

By taking over shrinking companies they are able to generate incredible synergies. Growth in cash flow and cash on the balance sheet has just been tremendous. More than half their market cap is sitting in cash. Trading at net working capital, which is a very low-risk purchase price. Share count has been shrunk from 14 million to 11.5 million in the last 18 months. Expect they will deploy their cash into another acquisition, probably in Europe, which are very cheap right now. Also, expects there could be a special dividend. Yield of 4.35%.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$19.350
Owned
Yes
DON'T BUY
DON'T BUY
March 15, 2011
Traditionally been lumping in terms of earnings. Earnings expected to grow 50%. 11% ROE. Spikes up and down. Very well run but challenges with sales and dramatic changes in their business. Doesn’t own it because of volatility.
Traditionally been lumping in terms of earnings. Earnings expected to grow 50%. 11% ROE. Spikes up and down. Very well run but challenges with sales and dramatic changes in their business. Doesn’t own it because of volatility.
Robert McWhirter
President, Selective Asset Management
Price
$23.520
Owned
No
COMMENT
COMMENT
November 24, 2010
Canadian tech play that has struggled with very weak results. Good support because of the 4.36% dividend, which is sustainable, so probably not a lot of downside from here. Doesn’t like growth outlook but an attractive yield for a yield investor.
Aastra Technologies (AAH-T)
November 24, 2010
Canadian tech play that has struggled with very weak results. Good support because of the 4.36% dividend, which is sustainable, so probably not a lot of downside from here. Doesn’t like growth outlook but an attractive yield for a yield investor.
Lesley Marks
Vice President & Portfolio Manager, Jones Heward Investment Counsel
Price
$18.450
Owned
No
PAST TOP PICK
PAST TOP PICK
June 18, 2010
(A Top Pick June 22/09. Down 7.49%.) Ranks very low. Has been extremely lumpy. Last year-over-year earnings down 70%. Expected to improve in July quarter and reporting $.65 compared to $.51. Would like more consistency.
(A Top Pick June 22/09. Down 7.49%.) Ranks very low. Has been extremely lumpy. Last year-over-year earnings down 70%. Expected to improve in July quarter and reporting $.65 compared to $.51. Would like more consistency.
Robert McWhirter
President, Selective Asset Management
Price
$22.820
Owned
No
HOLD
HOLD
October 21, 2009
Much of the money for build out of infrastructure is still to come.
Much of the money for build out of infrastructure is still to come.
Martin Hubbes, CFA
Executive Vice-President/Chief Investment Officer, AGF Funds Inc.
Price
$31.780
Owned
No
HOLD
HOLD
August 6, 2009
Came out 3 quarters ago and totally destroyed the numbers on the street and the stock took off on the assumption that they would continue to destroy estimates. They missed estimates and the whole thing reversed. Well run company and their cash position is high. You have to give it a couple of years.
Came out 3 quarters ago and totally destroyed the numbers on the street and the stock took off on the assumption that they would continue to destroy estimates. They missed estimates and the whole thing reversed. Well run company and their cash position is high. You have to give it a couple of years.
Peter Hodson
CEO & Head of Research, 5i Research Inc.
Price
$21.160
Owned
No
TOP PICK
TOP PICK
June 22, 2009
Acquired some Nortel (NT-T) technology and made a ton of money. Make wireless phones for home and particularly office both on the DECT standard in Europe as well as VOIP protocol. Costs have dropped dramatically. Looks cheap based on analysts estimates for the coming year. $3.62 at 7.5X PE for 2009 and ROE at 17% and estimates have been cranked up by 128% for the last 90 days.
Acquired some Nortel (NT-T) technology and made a ton of money. Make wireless phones for home and particularly office both on the DECT standard in Europe as well as VOIP protocol. Costs have dropped dramatically. Looks cheap based on analysts estimates for the coming year. $3.62 at 7.5X PE for 2009 and ROE at 17% and estimates have been cranked up by 128% for the last 90 days.
Robert McWhirter
President, Selective Asset Management
Price
$25.700
Owned
Yes
TOP PICK
TOP PICK
April 29, 2009
Recently reported much stronger earnings than expected. They are in the telephony area. 12% free cash flow generator. An extremely levered company.
Recently reported much stronger earnings than expected. They are in the telephony area. 12% free cash flow generator. An extremely levered company.
Robert McWhirter
President, Selective Asset Management
Price
$29.500
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 17, 2007
(A top pick Oct 26/06. Up 16%) will become a growth stock. Have $7.00 of cash/share. Huge cash flow ($3.00/share). Possibility it may be taken over.
Aastra Technologies (AAH-T)
September 17, 2007
(A top pick Oct 26/06. Up 16%) will become a growth stock. Have $7.00 of cash/share. Huge cash flow ($3.00/share). Possibility it may be taken over.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$34.790
Owned
Yes
TOP PICK
TOP PICK
April 10, 2007
Has almost $10 in cash. Downside is fairly limited. Expect them to make $4 in free cash this year. Not a lot of growth.
Has almost $10 in cash. Downside is fairly limited. Expect them to make $4 in free cash this year. Not a lot of growth.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$33.510
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 13, 2007
(A Top Pick Mar 16/06. Up 17.3%.) Extremely well managed and company has bought a lot of stock in the last 12 months. Will end up with $10 cash per share this year and will generate at least $3 free cash flow. Very cheap.
(A Top Pick Mar 16/06. Up 17.3%.) Extremely well managed and company has bought a lot of stock in the last 12 months. Will end up with $10 cash per share this year and will generate at least $3 free cash flow. Very cheap.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$31.610
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 26, 2007
(A Top Pick Oct 26/06. Up 15.3%.) Good management. Should make $3.50 in free cash flow next year. Have $8 cash on the balance sheet.
Aastra Technologies (AAH-T)
February 26, 2007
(A Top Pick Oct 26/06. Up 15.3%.) Good management. Should make $3.50 in free cash flow next year. Have $8 cash on the balance sheet.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$35.640
Owned
Yes
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