Here are the companies with earning reports to watch.
Doesn’t think this is followed by anyone right now. They built schools, bought some of them, and then discovered foreign students needed a place to stay. That is really where the money is. They’ve started to expand and build education centres to house students. They’ve been really good at turning their portfolio every couple of…
Canadian Pacific Rail (CP-T) Jan 23
CP vs. CN He feels the same way about both rails (see his CP comments). CP has very good exposure to grain. It will benefit from more Alberta oil shipments. Done well reducing expenses, but both rails are selling at premium multiples, too high for him. He'd be cautious stepping into either today.
Wonderful land positions around Red Lake. Has taken the turtle approach in what is usually a rabbit race in exploration. Is expecting aggressive drilling later this year.
First Cobalt (FCC-X) Jan 21
He doesn’t know their financials. The company is trying to revive a historic mining area in Ontario. This type of work takes a lot of money and might require First Cobalt to issue more shares, driving down the price. Alternatively, they might take on a lot of debt, which carries its own problems. Cobalt is…
Gold has an upward bias but he is neutral on it over the next year or so. Regarding this company, there are better places to put your money but if you are really a bull on gold, this will provide higher leverage because of their projects.
Tinka Resources (TK-X) Jan 25
Buying because of most recent drilling results. They keep hitting it every time they put out a press release. It has been so beat up it is a great buy right now.
AGF Management (B) (AGF.B-T) Jan 23
Market Call Minute. There is not a lot of earnings momentum on this, and they have to do a lot internally to get their business model going.
TheScore Inc. (SCR-X) Jan 23
The core business has slow growth but they got to a critical mass were the advertising growth is significant. He is looking at purchasing it again. The valuation is sustaining them. Fantasy sports people love it.
Richelieu Hardware (RCH-T) Jan 24
This is a really, really quiet company. They don’t issue a lot of stock, the brokers don’t talk about it, it is pretty illiquid and doesn’t trade, but is a pretty solid company. Operate in hardware retail stores. Recent sales growth was 9%, but more importantly, was 24% in the US. Earnings per share went…