Drone Delivery Canada Corp

FLT-X

Analysis and Opinions about FLT-X

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 13, 2018

He doesn't follow this closely, because it's a pre-revenue company that isn't generating positive cash flow yet, so it's too early for him to consider. It's in the drone delivery space, an interesting space. The big problem is that he doesn't know the future of drone delivery or if this company can execute. He would wait before looking at it.

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He doesn't follow this closely, because it's a pre-revenue company that isn't generating positive cash flow yet, so it's too early for him to consider. It's in the drone delivery space, an interesting space. The big problem is that he doesn't know the future of drone delivery or if this company can execute. He would wait before looking at it.

COMMENT
COMMENT
July 24, 2018

He met with them a month ago. They have a trial underway in Northern Ontario, delivering packages that are less than 10 pounds. The stock has been going sideways while people wait to see whether the trials are successful. He thinks success is a sure thing. They’re also moving to much bigger drones that can carry a skid-sized container (up to 2500 pounds) for long distances. Thus they will be able to provide delivery services for a company like Amazon, of mail for Canada Post, and of medical or food supplies to remote communities.

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He met with them a month ago. They have a trial underway in Northern Ontario, delivering packages that are less than 10 pounds. The stock has been going sideways while people wait to see whether the trials are successful. He thinks success is a sure thing. They’re also moving to much bigger drones that can carry a skid-sized container (up to 2500 pounds) for long distances. Thus they will be able to provide delivery services for a company like Amazon, of mail for Canada Post, and of medical or food supplies to remote communities.

BUY
BUY
February 20, 2018

The stock has gone up significantly over the past year. They are expanding into the US. They are developing the capability to carry up to 25 pounds, which will be enough for many retail products. Once they are licensed in the US and Canada, they will be able to deliver products to customers, for a company like Canadian Tire, for much less than the cost of delivery by truck. Once they are licensed, they will be an obvious buy-out target for companies like UPS or FedEx. (Analysts’ price target is 3.00$)

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The stock has gone up significantly over the past year. They are expanding into the US. They are developing the capability to carry up to 25 pounds, which will be enough for many retail products. Once they are licensed in the US and Canada, they will be able to deliver products to customers, for a company like Canadian Tire, for much less than the cost of delivery by truck. Once they are licensed, they will be an obvious buy-out target for companies like UPS or FedEx. (Analysts’ price target is 3.00$)

COMMENT
COMMENT
May 26, 2017

They are going through a quite solid trial of operations. They are dealing with aviation, so have to get permited, totally acknowledged, and inspected by the authorities. They are in the forefront of Canadian drone operations. Thinks they probably will do well. They have good relationships with things like Canada Post.

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They are going through a quite solid trial of operations. They are dealing with aviation, so have to get permited, totally acknowledged, and inspected by the authorities. They are in the forefront of Canadian drone operations. Thinks they probably will do well. They have good relationships with things like Canada Post.

COMMENT
COMMENT
February 22, 2017

This has a deal with Staples and NAPA auto parts, as well as talking to a Canadian courier company. The main problem is that Canada and the US have not really defined what the rules are going to be for drones. In Canada, you can only fly a drone within your line of sight, but that will change. Feels this company probably has the “first mover delivery” advantage to getting a license.

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This has a deal with Staples and NAPA auto parts, as well as talking to a Canadian courier company. The main problem is that Canada and the US have not really defined what the rules are going to be for drones. In Canada, you can only fly a drone within your line of sight, but that will change. Feels this company probably has the “first mover delivery” advantage to getting a license.

COMMENT
COMMENT
December 2, 2016

Drones. He wouldn’t want to own a drone maker, because it is going to be a Chinese industry. Instead of drones, these people are aiming for air rights, which he finds interesting. That is an asset you can’t replicate. Management is very, very skilled. They have built and sold a number of tech companies. They’ve just signed a contract with one of the shippers. He believes drones will eventually play a big part in the delivery business.

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Drones. He wouldn’t want to own a drone maker, because it is going to be a Chinese industry. Instead of drones, these people are aiming for air rights, which he finds interesting. That is an asset you can’t replicate. Management is very, very skilled. They have built and sold a number of tech companies. They’ve just signed a contract with one of the shippers. He believes drones will eventually play a big part in the delivery business.

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Drone Delivery Canada Corp(FLT-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 Drone Delivery Canada 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.

Drone Delivery Canada Corp(FLT-X) Frequently Asked Questions

What is Drone Delivery Canada Corp stock symbol?

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

Is Drone Delivery Canada Corp a buy or a sell?

In the last year, there was no coverage of Drone Delivery Canada Corp published on Stockchase.

Is Drone Delivery Canada Corp a good investment or a top pick?

Drone Delivery Canada Corp was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Drone Delivery Canada Corp.

Why is Drone Delivery Canada 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 Drone Delivery Canada Corp worth watching?

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

What is Drone Delivery Canada Corp stock price?

On 2020-08-04, Drone Delivery Canada Corp (FLT-X) stock closed at a price of $0.78.