Earning Reports to Watch (Dec 10-14)
Here’s the list of companies on the Canadian Stock Markets listed on Stockchase reporting earnings this week…
01 Communique Laboratory (ONE-X) Dec 10
In a patent dispute with Citrix (CTXS-Q), which looks like it is going their way but the same thing happen to him or five years ago when one of the judges derailed the whole process. Now back on track, but Citrix has a lot of firepower and money so they can delay it. Long, drawn…
North West Company (NWC-T) Dec 11
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research The quarter is a big relief for worried investors. EPS of 83c beat estimates of 68c. Sales of $618M beat estimates by 2%. EBITDA of $83.3M beat estimates of $73.1M. Sales rose 6.8% with comp. sales up 4.7%. Profit rose 17%. EBITDA rose 15% year…
BMTC Group Inc (GBT-T) Dec 12
(A Top Pick Sep 07/23, Down 7.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with GBT has triggered its stop at $14. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 11%, when combined with the previous buy indications.
🛢 Basic Materials
Orvana Minerals (ORV-T) Dec 11
He owns it around these levels. They have mines in Bolivia and Spain and looking to acquire in Argentina. The property they just bought has costs of $500-$650 per ounce of gold. He is concerned about the revolving door on management. He does not know where gold prices are going to go. He will continue…
SQI Diagnostics Inc (SQD-X) Dec 11
They make life easier for large diagnostic test companies. It automates the testing process. They did a final financing. They've been working on this technology for 5 years.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research MEQ operates as a real estate corporation focusing on managing residential rental apartments and is now trading at 27.6x times' Forward P/E, but only at 1.0x Book value. In the last five years, MEQ’s revenue growth has been quite consistent, around 12% on average. Like…
Canada's first offshore wind project in the Queen Charlotte Islands on the West Coast. Economics on wind farms work out very well. Power Purchase Agreement is required giving the operators a guaranteed revenue stream. Still early days.