Few companies report earnings so close to the holidays but a few do publish their numbers this week. Among the list, Blackberry (which also makes our 52-week low list) is set to report earnings on December 20th, management is surely hoping it will help stop the stock going down.
Here’s the full list of Canadian Companies on Stockchase reporting earnings this week :
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…
Arht Media (ART-X) Dec 19
Beams multiple presenters in life-like holograms. Has a following around the world. The technology works. With work from home, this will be more affordable in years to come. Interesting to follow. His price target is 40 cents.
BSM Technologies (GPS-T) Dec 19
Uses their GPS system to figure out where trains are, and to more accurately schedule trains and service vehicles for people working on the rails. Reported on Aug 14 and earnings were down 10%. That was against a 32% increase in sales. In the coming quarter, earnings are expected to be down 75% year-over-year. Great…
Natural gas. Have announced some major deals with Crew Energy (CR-T) and West Energy (WTL-T) in the Montney region of British Columbia. Expects there will be production within the next year.
Blackbird Energy Inc (BBI-X) Dec 18
BBI-X is the old ticker. The merger involves a 10 for 1 split. PIPE-X shows a couple of weeks of trading and that is what to go by. They are coming on with new production facilities soon. By the end of the year, they will go to 10 times that. He thinks it is cheap…
Mega Uranium Limited (MGA-T) Dec 19
Very junior, although it has been around for a long time. It is basically a lot of hype and hope. They are doing some work in Australia, and virtually have no money. Nothing found to date has been feasible, that they can push it forward in a big way. He avoids companies like this like…
🛢 Basic Materials
Cymat Technologies (CYM-X) Dec 17
Metal foam technology. Have an application where they can put it into armoured vehicles for blast disbursement. Also have some small deals on the architectural side. In this environment he doesn't think people will be paying a whole lot of attention to it.
Le Chateau Inc (A)(CTU-X) Dec 17
This has been a very difficult stock. Recently reported a very bad quarter. He would stay away from this one. Inventory has gone up a lot and their margins have fallen. Cut the dividend totally. Thinks they are in a bit of trouble.
Resverlogix Corp (RVX-T) Dec 18
(Market Call Minute.)Reversing of bad cholesterol in clinical studies. A little early for him but has potential. Speculative.
Medmira Inc (MIR-X) Dec 19
Got approval from FDA, but sales are not following through. Running out of cash. Any new financing could dilute stock price further.
Microbix Biosystems (MBX-T) Dec 19
(A Top Pick May 17/19, Down 7%) He still holds this one. He participated in a financing about four months ago. They produce tests for HPV, but unfortunately COVID-19 has taken center stage. He likes their quality assessment tests and the outlook remains positive.
Enwave (ENW-X) Dec 21
He owned the stock years ago. They dry things like food. They are now getting into the marijuana space. It has done very well lately but if they are going to get meaningful contracts, they are going to do well.
BlackBerry (BB-T) Dec 20
(A Top Pick Dec 10/19, Up 22%) John Chen should get CEO of the year award. They've generated cash flow all along. BB gets no respect from investors. Recently, they got a boost with the Amazon self-driving car deal. The balance sheet is good with net cash. He likes it and has added to it.…