Here’s the full list of Canadian Companies on Stockchase reporting earnings this week :
First Cobalt (FCC-V) Jan 07
Cobalt is attractive but this is not a cheap producer, because they're in Canada and not Russia or Congo.
They haven't indicated a discovery in the St. James Bay area, though he likes the management and this part of the world for exploration.
Sprott is a secured lender in this project, as well as a shareholder. The mining start-up looks like it has been fairly troublesome. If they work through their problems, which he thinks they will, he thinks there is tremendous upside. However, there is risk. There is tremendous upside if they can make all this work.…
Velan Inc (VLN-T) Jan 10
They lead in wireless antennae for cell phones, satellites and sell globally. The pandemic has impacted sales. They had to pause a new plant in Vietnam. The 5G roll-out is back on track. They had to guide down and that pressured the stock. Also have a lot of debt. Overall, though, they will be fine…
👨💼 Employment Services
They are a recruitment company. It’s not very exciting. It was 45 cents a few years ago, but has been pretty flat since 2013. They pay a nice dividend, the stock hardly trades (about 12000 share volume). It’s profitable and well-managed. He would be interested in the stock at 75 cents but it is so…
Acasti Pharma (ACST-X) Jan 10
The krill oil lipid trial did not work as expected. The overall portfolio is quite attractive. Over the coming year, there may be opportunities. However, there are other opportunities in other companies like ATE, which he owns.
Aphria Inc (APHA-T) Jan 11
Some of the downside momentum in the sector has stopped. This is certainly one of the companies he would look at. It looks like they are executing and growing.
Aritzia Inc. (ATZ-T) Jan 10
(A Top Pick Sep 16/19, Up 5%) Loves it and bought more at $15. They have massive growth potential. They have over 100 store locations targeted in the US. About 30% of sales are online and the stores will catch up as stores reopen. He targets $25-30 and a long-term grower.
Cogeco Cable (CCA-T) Jan 10
Some companies you just have to buy when the chart looks like it's not a good time. Price momentum can tell you something good is happening. Getting rid of data business gave them lots of capital to go into the US, where the big story is, exceeding expectations. Buy it here and tuck it away.…
COGECO Inc (CGO-T) Jan 10
Despite a recent upgrade, he wouldn't buy this. (Though another has raised its taret price.) He prefers owning BCE, Telus or even Rogers because they are more diversified. Yes, the stock has done well and is recession-proof.
(A Top Pick Sep 10/19, Up 145%) The pandemic accelerate their already high growth. It's one of the top 30 performing stocks YTD. They reach 280,000 Canadian subs as the largest meal-kit company. Revenues had shot up five-fold over recent years when he bought this at $1.40. They just reported their first profit ever, proving…
He used to own it. It's very well managed but in a challenging space. They own good properties. They're ad-dependent, but have a stable subscriber base of their specialty channels. They're a little undervalued. Be watch industry cord-cutting and ad spending. They already cut their dividend, so he assumes it's stable.
Uranium Sector. Has the bull started running? His proxy is CCO-T. If there is a bullish case for Uranium, the analysts have not heard it. U-T is up 66% so had had quite a move. He hopes the analysts will get the same message he is about the outlook for uranium.
TheScore Inc. (SCR-X) Jan 10
He would not short it or buy it. It had a big run this year on the idea of it getting into online gambling. He thinks it is real and could turn into a good situation but they will need some money to fund this roll out so see how they finance it. It is…