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Most Anticipated Earnings: MRE-T, PSI-T and more Canadian Companies Reporting Earnings this Week (Aug 05-09).Most Anticipated Earnings: UNC-T, DAN-X and more Canadian Companies Reporting Earnings this Week (Nov 27-Dec 01)Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)He bought on the basis that if it was broken up it would be worth more in parts. The results of the company are extremely good, however. They did not get the prices they were expecting so are hanging on.
A deep value play. Very small power producer in Alberta. Have assets in the US and France that are for sale. Thinks the company is going to be selling different parts of itself, which it has already started. On a breakup value, he feels this is worth $5-$6 as share. Very good value at this level.
Maxim Power is a Canadian stock, trading under the symbol MXG-T on the Toronto Stock Exchange (MXG-CT). It is usually referred to as TSX:MXG or MXG-T
In the last year, there was no coverage of Maxim Power published on Stockchase.
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0 stock analysts on Stockchase covered Maxim Power In the last year. It is a trending stock that is worth watching.
On 2024-11-22, Maxim Power (MXG-T) stock closed at a price of $4.94.
He bought it as a value play with sum of the parts worth more than it was trading at. They are trying to sell some of the parts. Thinks they will sell all the parts and distribute the cash. $4-$5 breakup value. It is taking longer than he thought to break it up.