Vecima Networks Inc. (VCM-T)

It is a well run company. He got out of it. They paid out a lot of special dividends and the stock did well, but he got out because most of the catalysts are out of it.

He looked at it a few years ago. They have a small number of clients. This stock can become quite volatile. He finds too much customer concentration. But they did a good job of unlocking value over the last couple of years.

Based in Saskatoon, and essentially a family-run hardware business that tends to focus on the cable industry. It has healthy margins. ROE’s are at around 10% or so. The kind of a business that is of interest, but their product cycle is pretty short, of about 5-7 years, and there is a lot of customization work that goes on. A fine business, but just doesn’t pull the trigger for him.

Keep riding the wave. They just reported blow away numbers. Every time he tries to buy it he cannot because he is such a big fund. They continue to come out with good earnings and have some properties where they can crystallize some value. He would definitely hold this name for individuals. There is not much liquidity to this name.

(Top Pick Oct 15/14, Up 52.13%) It is a micro cap gem. They generate lots of cash flow. They invest it in other things. They bought a bunch of wireless spectrum and flipped it, making a lot of money. 2% dividend. They paid special dividends in the past and we may see more of those.

(Past top pick, October 15, 2014, up 42.65 %) He has taken some profits here. He always likes to take his original capital out. Vecima makes cable equipment gear. It is a superbly run company. The family that control it, owns a lot of stock. A lot of money has been made, but it is still worth holding.

(Market Call Minute) It is hard to recommend a stock that has doubled.

Has shown very consistent earnings growth. His expectation is that it is going to continue to be a strong performer. He really likes the Canadian technology sector. Well worth looking into.

This company basically makes cable equipment. A smaller company and very profitable. Thinks they have $50 million in cash. Has is done very well. Fantastic management team. They have some assets that are sellable, but not core to their business, and they’ll probably sell them. Has a little bit of a dividend and a ton of cash. It is more what happens outside their core business that he is interested in. Have some other businesses they are trying to grow and develop, which will eventually be spun out, if they are successful.

Not a bad looking chart. Went a little parabolic in 2014, so the current correction was probably deserved and needed to keep the stock healthy. Hasn’t broken down through the trend line. If you don’t own the stock, watch for the bounce off the trend line, just to be safe.

Sell networking equipment. The core business has not been great this year, but they are unlocking value with hidden assets like real estate and some wireless spectrum that they are selling off. It is not expensive.

A nice little company that makes Network Equipment. Very stable and very well run. Churns out cash. What is interesting to him is that they have almost $15 million in cash and tend to pay out special dividends. Always seems to have a lot of hidden value. Family that runs this and owns a lot of stock is very shrewd. Expects a special dividend this year.

Used to own it. A very well run Canadian tech company that are leaders in their space. Allow multiplexing of cable networks into hotels and apartment buildings and the only ones who do this technology really well. They have a good grasp of their costs. Expects it to be eventually be sold. You can own it here.

Hasn’t followed this for a long time. Had a nice run, so something is definitely happening. This is a big free cash flow gusher. Reasonably valued.

Has been long on promise and short on delivery until very recently. Looks like they are finally getting their act together. Ranks 19, top 3% of his database. Earnings growth was up 70% year-over-year. Earnings are expected to grow from $0.51-$0.62 in 2014. Pretty good opportunity for the stock.