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
CN vs. CP CN, which he owns. It has more growth potential shipping north-south as opposed to east-west in CP. CP also has a cheaper valuation and is a little less dependent on the prices of commodities. Both perform in line though.
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
As the growth slowed in the adoption of the app, the stock declined. However, the company still has plenty of cash and they are getting a big tax refund. Thinks they are going to be “break even” in the 3rd quarter this year. They’ve taken their user base of about 11 million people or so,…
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…
A very defensive space, telcos. Not a growth stock, but pays income. He prefers BCE, because it just finished a big capex cycle and pays a higher dividend. Also, wireless penetration in Canada is limited, which in turn limits growth. That said, all the Canadian telcos are good for the long-term. Buy for the dividend,…